A tool for sharing data allows companies to share secure, live data with their entire ecosystem. This allows teams to tackle many critical business problems, such as breaking down silos, speeding project completion, encouraging collaboration through data transparency and uncovering new insights.
Enterprise IT applications are growing, and reliable solutions for real-time data exchange are crucial to achieve business goals. From website visitor behavior to the data from IoT devices in your office or power plant, the volume of data is growing exponentially, and generating an equally huge number of data integrations.
Many of these integrations are driven by the desire to improve efficiency, performance of analytics, or revenue streams. The main issue is how to move these massive amounts of data at scale from source to destination without losing its value. The standard approaches like SFTP and pre-signed URLs for object stores, and data migration through ETL processes don’t scale up to the volume of data required and are only applicable to only a single vendor (e.g. Oracle, AWS Redshift or Snowflake).
There are a variety of solutions that can help address the challenges of sharing real-time page data. A new class of platforms which understand the data they store and act as trusted intermediaries between apps and applications, could help ease some of these issues. This shifts the responsibility for managing data flows to the platform provider. It also speeds up and make data integration easier by eliminating the complicated retry-and retransmission features that are inherent in many traditional tools.