Cloud Data Sharing – The Key to Business Insights
Many people utilize cloud storage for backups, or view publisher site use a cloud-based file sharing service to share files among family members and friends. Some of these platforms offer advanced features such as selective sync folders for mobile devices, integration with productivity tools, smart notifications, document level commenting and activity streams that allow anyone to discern what’s changed/updated to the file/folder in the past. Others are focused on security, using encryption or allowing only specific IP addresses access or an encrypted virtual private network (VPN).
The most important factor in modern data management is in real-time business insight, which requires a system that can deliver high performance and scale. This is not possible using solutions developed by consultants or at-home that depend on multiple services, regions and clouds, and whose design is usually designed for fault tolerance rather than high uptime.
Data Sharing
A powerful data-sharing solution provides a single, consistent way to exchange the live market data across the business ecosystem. It is a powerful and fast solution that provides speed as well as security, governance, and speed to facilitate a range of business applications based on data. From historical sales forecasts and customer propensity models to live market data feeds that can help in predicting trends and identifying new opportunities. This is a challenging issue to resolve. However, a best-of class vendor can provide an application that provides low latency insights and lowers costs and reducing the risk of data.