Cloud Data Sharing – The Key to Business Insights

Many people use cloud storage for backups or use a service such as cloud file sharing to share files with friends and family. Some of these services offer advanced features, such as selective synchronization of folders for mobile devices and integration with productivity tools, smart notifications, document-level commenting, and activity streams that aid anyone to know what’s changed or updated to a folder or file in the past. Others are focused on security, using encryption by allowing only certain IP addresses to access the system or offering the security of a virtual private network (VPN).

The most important factor in modern data management is real-time business insights, which requires an infrastructure that can provide high-performance at a scale. This is hard to achieve using solutions developed by consultants or at-home that depend on several regions, services, and clouds, and whose architecture is typically designed for fault tolerance, not high uptime.

Data Sharing

A powerful data-sharing platform provides a single, consistent way to exchange live, monetized and consumed market datasets across the entire business ecosystem. It provides speed and security, as well as power for many data-driven applications that range from historical sales forecasts, to customer propensity models, to real-time data feeds to identify trends and discover new opportunities. This is a difficult problem to resolve. However, a best-of breed vendor can provide an application that provides low latency results and lowers costs and reducing data risk.

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