Cloud data sharing made easy

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.

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.

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Three main ways to share data

Data sharing methods in analytic environments typically fall into three main categories. They are:

  • Using an open marketplace. Integration with cloud vendors’ data exchanges enables providers and consumers to leverage the cloud vendor’s existing ecosystem to privately or publicly share and consume data.

  • Sharing storage. A shared data set is made available in an object store in an open format and accessible by users.

  • In-place sharing via a database or data warehouse. The shared data consumer has direct access to a single copy of data within the database with BI tools, but more typically through a front-end portal.

Regardless of the method, Teradata Vantage makes it easy to share data internally, with business departments, and externally.

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