27
SEP
2024

Cloud Data Sharing – The Key to Business Insights

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Many people use cloud storage for backup purposes, or use a cloud-based file sharing service to share files with family and friends. Some of these cloud storage services provide advanced features such as selective sync folders for mobile devices, integration with productivity tools, intelligent notifications, document level commenting, and activity streams that allow anyone to understand what’s changed/updated to a folder or file in the past. Some systems concentrate on security, using encryption, allowing access to only a few IP addresses, or offering virtual private networks.

Real-time business insights are the primary ingredient in successful data management in the modern age. This requires a system capable of delivering a high level of performance at scale. This is difficult to achieve with solutions that are developed at home or by consulting that depend on multiple regions, services, and clouds, and whose design is often designed for fault tolerance rather than for high uptime.

Data Sharing

A powerful data-sharing platform provides a single, consistent way to exchange data, monetize and consume live market data across the business ecosystem. It delivers speed, power, governance, and security to facilitate a range of business applications that are based on data, from historical sales forecasts and models of customer propensity to live market data feeds that can help in predicting trends and identifying new opportunities. This is a tough problem to overcome, but a reputable vendor can provide a fast and scalable platform which provides low-latency results while reducing costs and minimizing data risk.

https://datatek-intl.com/

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