A space is a secure area that an administrator creates. In it, members can acquire, prepare, and model data. The administrator allocates disc storage and in-memory storage to the space, sets its priority, and can limit how much memory and how many threads its statements can consume.
If the administrator assigns one or more space administrators as members of the space, they can then assign other members, create connections to source systems, secure data with data access controls, and manage other aspects of the space.
Spaces are virtual work environments with their own databases. Spaces are decoupled, but are open for flexible access, thus enabling your users to collaborate without being concerned about sharing their data. To model your data and create stories, you must start off with a space. You can decide how much and what kind of storage you need, as well as how important your space is compared to other spaces. You also add space members and set up connections here. You might already have transformed data you want to access through SAP Datasphere. Or you may have data in SAP Datasphere that you want to use in other tools or apps. In these cases, you can set up an open SQL schema or a space schema.
Leveraging SAP Datasphere Spaces, you can share information among departments. The share concept also helps you achieve this. You only need to model master data once and then several departments can use it.