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The Alternative Answer Daily

Cloud Data Sharing – The Key to Business Insights

Many users use cloud storage to backups, or use a cloud-based file sharing service to share files with family members or friends. Some of these services have advanced features, such as the ability to selectively sync folders on mobile devices, integrations with productivity tools and smart notifications. They also offer documents with comments as well as activity streams and document-level annotations. These features can help anyone discern what has changed or updated an individual folder or file over time. Others concentrate on security by using encryption and allowing only certain IP addresses to access the system or a secure virtual private network (VPN).

The most important factor in modern data management is instantaneous business insights, which requires systems that can deliver high performance at scale. This is hard to achieve with homegrown or consulting-based solutions that rely on several regions, services, and clouds, and whose architecture is often designed to provide fault tolerance rather than high uptime.

Data Sharing

A robust data-sharing tool gives an unidirectional, single method to exchange, monetize, and consume live market datasets across the entire business environment. It offers speed, power and security. It also provides governance to enable a range of business applications that are based on data, from historical sales forecasts and view publisher site customer propensity models to live market data feeds that can help in predicting trends and identifying new opportunities. This is a difficult problem to resolve. However, a top of breed vendor can provide a platform that delivers low latency data as well as reducing costs and reducing risk to data.