A data sharing tool is a solution that allows businesses to share live and secure data with their business ecosystem. This allows teams to address a variety of crucial business issues, including breaking down silos, speeding the completion of projects, enabling collaboration by ensuring transparency of data, and unlocking new insights.
As enterprise IT applications grow and expand, the need for scalable solutions for real-time data sharing has become a necessity for achieving business outcomes. From the behavior of website visitors to the signals generated by IoT devices in your office or power plant, the volume of data is increasing exponentially and generating an equally large amount of data integrations.
Many of these integrations are driven by the desire to improve efficiency, performance of analytics or revenue streams. The biggest challenge is to transfer these huge quantities of data, at scale, from source to destination without losing its value. The conventional approaches such as SFTP and pre-signed URLs for object stores, and data migration using ETL processes aren’t scalable to the volume of data required and can only apply to a single vendor (e.g. Oracle, AWS Redshift or Snowflake).
To tackle the issues of real-time sharing of data, there are a variety of solutions emerging. A class of platforms, which understand the data they hold and serve as trusted apkdownload-free.com/transparent-cooperation-is-an-important-aspect-of-business-operations/ intermediaries between various applications can ease some of these problems. This shifts the burden of managing data flows onto the platform provider. It also helps speed up and simplify data integration by removing the complicated retry and retransmission features inherent to many traditional tools.