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Subkeywords involve connecting data sources to allow users to access data easily and quickly. Whether it’s sharing data within the company to eliminate organizational barriers or sharing data with external partners for more comprehensive analysis, making it easier to collaborate and communication is vital.

Businesses that share data can thrive when done correctly. According to the latest Gartner report, businesses that foster a collaborative data culture outperform those who do not on a wide range of metrics of business value. This is due to greater data security decision-making speed, better strategic planning and execution and better operational efficiencies.

It is crucial to change your mindset before you implement the data sharing strategy. It isn’t easy to adopt a data sharing mindset within an organization that has a long-standing culture that is based around ownership of information. However, fostering this new mindset is the first step to improving efficiency and productivity.

Once this is completed, the next step is implementing the system that facilitates collaboration and seamless integration. This is often an issue of technology but it’s also essential to consider the requirements and limitations of various data sets, as well as how the system will be integrated with other systems in the IT landscape.

Using a platform like Revelate to enable easy, secure business data sharing can simplify workflows, decrease errors, and increase overall efficiency. By establishing standards and implementing protocols and processes for shared data, engineers will spend less time and money developing and maintaining separate systems while developing solutions for data that meet standards of quality and consistency.