As we exit the COVID-19 pandemic, the biomedical industry is exploring opportunities to harness the potential of big data for transformation and growth. Biobanks are critical pieces of infrastructure in this endeavor, and they integrate various types of health data, including clinical and genetic information. Data from these biobanks are used for genetic sequencing with the help of advanced cloud computing and artificial intelligence technologies; these technologies eliminate obstacles associated with hardware or geographical distance and enhance trust and agreement among participants. Biobanks connect a variety of stakeholders together—such as researchers, participants, and clinicians—and give rise to a brand new ecosystem that brings us closer to the goal of precision health.