Data must be easily available and sharable to optimize its full value.
Data sharing—making data accessible to other divisions within a company, to business partners, or generally available to the market as a whole—can drive new business value for modern enterprises.
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Making secure access to the shared data easy and available in open formats, in cloud object stores, as well as in data exchanges and marketplaces, such as AWS Data Exchange and Azure Data Share, is key in enabling companies to achieve this goal.
The more internal and external users who have easy access to data, the greater the business benefits. By sharing data, companies can improve products and services, strengthen market positioning, or even enable a new stream of revenue by monetizing the shared data.