Data collaboration refers to the process where multiple organizations or individuals share and work together on data to achieve common goals. This can involve combining datasets, sharing insights, or jointly analyzing information to enhance decision-making and innovation. By collaborating, participants can leverage each other's strengths and resources, leading to more comprehensive and accurate results.
In today's digital age, data collaboration is increasingly facilitated by technology, such as cloud computing and data-sharing platforms. These tools enable secure and efficient sharing of information while maintaining privacy and compliance with regulations. Organizations like Google and Microsoft offer solutions that support data collaboration across various sectors, enhancing productivity and fostering partnerships.