Many people use cloud storage for backup purposes, or use a cloud-based file sharing service to share files with friends/family. Some of these systems have advanced features, such as the ability to selectively sync folders between mobile devices and integrations with productivity software and smart notifications. They also provide comments on the document level as well as activity streams and document level comments. These features allow anyone to determine what’s changed or updated on a file/folder over time. Others concentrate on security through encryption by allowing only certain IP addresses access or offering an encrypted virtual private network (VPN).
The most important factor in modern data management is the ability to provide real-time business insights, which require an infrastructure that can provide high performance at scale. This is not possible using solutions developed by consultants or at-home that rely on several regions, services, and clouds, and whose architecture is often designed to provide fault tolerance rather than high uptime.
A powerful data-sharing solution provides an easy, consistent method to exchange, monetize and consume live market datasets across the entire business ecosystem. It provides speed and power, as well as security for various data-driven applications, from historical sales forecasts to customer propensity models, to real-time data feeds that identify trends and discover new opportunities. This is a difficult problem to solve. However, a top-of-the-line kind vendor can provide a platform that offers low latency insights, while lowering costs, and reducing risk to data.
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