What is a Data Sharing Tool?

A data sharing tool lets companies to share secure, real-time data with their ecosystem. This allows teams to address many critical business issues, including eliminating silos, speeding up the process of completing projects, empowering collaboration with transparency of data, and apkdownload-free.com/how-to-update-apps-on-android unlocking new insights.

Enterprise IT applications are expanding, and reliable solutions for real-time data exchange have become essential to meet business objectives. The volume of data generated by IoT devices such as office equipment, computers and website visitors is increasing exponentially.

Many of these integrations have been motivated by the desire to improve efficiency, analytics and revenue streams. The biggest challenge is to transfer these huge volumes of data, on scale from source to destination, without sacrificing its value. The conventional approaches such as SFTP and pre-signed URLs for object stores and data migration using ETL processes can’t scale to the volumes of data required and are only applicable to one vendor (e.g. Oracle, AWS Redshift or Snowflake).

There are many solutions that can address the challenges of sharing real-time data. A new class of platforms which are aware of the data they store and act as trusted intermediaries between various applications can ease some of these problems. This shifts the responsibility of managing data flows to the platform’s provider and can accelerate and simplify data integration by taking away many of the complex Retry and Re-Transmission features that are standard in traditional tools.