In our prior post, we claimed that 2024 will be an inflection point in the data industry. This outlook is informed by the advancements in robust, cloud-based governance and the rapid adoption of Unity Catalog and Delta Sharing. Delta Sharing offers a major improvement in cost-effective, simplified data collaboration, enabling organizations to access, share, and leverage data in ways that reduce operational friction and drive business agility.
With the massive growth in data, organizations can no longer independently manage or own all of the data needed to drive critical business outcomes and sustain efficient operations. Developing a comprehensive data-sharing strategy is becoming essential when selecting a data platform, and Databricks Delta Sharing emerges as the leading choice for businesses prioritizing efficiency, security, and scalability in their data-sharing needs.
Last year, we spoke with an executive evaluating several cloud provider data-sharing options. They asked a group the following question: “How can we make this effortless, real-time, and scalable? Data sharing is complex and expensive, and I need it to do all of these things faster, easier, and cheaper.” At that time, there was no clear answer. Today, there is: Delta Sharing.
Delta Sharing: Business Value Through Cost, Speed, and Accessibility
Delta Sharing has proven to be the most cost-effective and scalable option among leading data-sharing options. It enables organizations to share incremental data in real-time across any cloud environment within an open-source framework, removing typical obstacles to seamless data exchange.
To illustrate Delta Sharing’s impact, we compiled a comparison of five other popular data-sharing options. Delta Sharing not only ranks as the most cost-effective solution but also facilitates effortless, real-time access across platforms and clouds, aligning perfectly with today’s need for agile, data-driven decision-making.
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Delta Sharing excels at collaboration as it allows individual business units to effortlessly share a wide variety of data assets across any cloud, region, platform, or tool. Being able to grant and access a single copy of data in mere seconds allows teams to collaborate in real-time, avoiding the substantial costs and delays traditionally associated with data duplication and distribution.
Essential Capabilities for Optimized Collaboration
For organizations to enhance collaboration and decision-making, two primary capabilities are essential. First, the ability to collaborate across all data types. Delta Sharing supports this by allowing teams to work on a diverse range of data assets, including tables, files, and models, enabling broader optimizations and the ability to solve more complex problems that drive strategic initiatives. Second, with Delta Sharing, teams can make faster, higher-quality decisions, giving businesses an edge in responsiveness and precision.
The business value in Delta Sharing is driven through seamless sharing and collaboration, which leads to faster, well-informed decisions. Its flexibility prepares organizations for the future, whether through geographical expansion, mergers and acquisitions (M&A), or adapting to the proliferation of new data sources. This versatility is key for organizations aiming to stay competitive in a rapidly changing data landscape.
Delta Sharing Use Cases Across Industries
Delta Sharing’s versatility makes it invaluable across industries. For example:
- Manufactura: Delta Sharing enables real-time collaboration on supply chain data, optimizing production, and reducing costs.
- Retail: Benefits from seamless data exchange with suppliers and partners, allowing for better inventory management and personalized customer experiences.
- Financial Services: Delta Sharing enhances regulatory reporting and risk assessment by providing a secure, efficient way to access real-time market and compliance data.
- Healthcare: Delta Sharing supports the secure sharing of patient and clinical data, driving advancements in research, diagnostics, and patient care without compromising privacy.
- Communications, Entertainment, and Media (CME): Delta Sharing enables content providers to distribute data across platforms, ensuring up-to-date insights into viewer preferences and enhancing content delivery.
Each of these use cases highlights Delta Sharing’s role in making data collaboration both transformative and secure across industries.
In Summary
In an era where data powers every facet of business, Delta Sharing has established itself as the gold standard for seamless, secure, cost-effective data sharing, supporting cross-industry collaboration. By addressing the need for real-time access, scalability, and cost-effectiveness, Delta Sharing provides organizations with a powerful solution to optimize their data-sharing workflows in today’s highly interconnected, data-centric businesses. Its open protocols and compatibility with various platforms allow businesses to innovate and make data-driven decisions that drive agility and competitive advantage. For companies in Manufactura, Retail, Financial Services, Healthcare, Entertainment, and beyond, Delta Sharing is the key to unlocking new opportunities, optimizing workflows, and staying ahead in a data-centric world.
Ready to elevate your data-sharing strategy? Stay tuned for our next post on how Delta Sharing strengthens customer relationships through data transparency.
Contact us today to learn how Delta Sharing can transform your business outcomes.
