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Tag: Real-Time Data


BI Categories, Data Mining

10 Advantages of Real-Time Data Streaming in Commerce

March 12, 2024

Via: DATAVERSITY

While early science fiction shows like “Buck Rogers” (1939) and “The Fly” (1950) depicted teleportation technology, it was Star Trek’s transporter room that made real-time living matter transfer a classical sci-fi trope. While we haven’t built technology that enables real-time […]


BI Categories, Data Mining

Winning With Real-Time Data: Harnessing Its Phenomenal Power

January 10, 2024

Via: CMSWire

So, how do you implement a customer data strategy that does just that? The silver bullet lies with harnessing the power of real-time data. With lots of headlines swarming about what truly defines real-time, let’s take a look at what […]


BI Categories, Data Mining

What Is a Unified Real-Time Data Platform (and Four Questions to Ask When Evaluating One)

December 13, 2023

Via: Database Trends and Applications

The use of real-time data has become common in industries such as finance, retail, and healthcare. This has optimized everything from fraud detection to personalized online shopping, even ensuring that hospitals are staffed with appropriately skilled workers and supplies at […]


Software & Systems

Unlocking the Power of AI with a Real-Time Data Strategy

February 14, 2023

Via: CIO

Increased operational efficiencies at airports. Instant reactions to fraudulent activities at banks. Improved recommendations for online transactions. Better patient care at hospitals. Investments in artificial intelligence are helping businesses to reduce costs, better serve customers, and gain competitive advantage in […]


BI Categories, Data Mining

7 enterprise data strategy trends

November 22, 2022

Via: CIO

Every enterprise needs a data strategy that clearly defines the technologies, processes, people, and rules needed to safely and securely manage its information assets and practices. As with just about everything in IT, a data strategy must evolve over time […]


BI Users, Data Analyst

Real-Time Data in Machine Learning: Challenges and Solutions

September 9, 2022

Via: DATAVERSITY

In today’s dynamic global marketplace, events outside of our control are constantly making the data we’ve collected erroneous and outdated. There are instances in which real-time decision-making isn’t particularly critical (such as demand forecasting, customer segmentation, and multi-touch attribution). In […]


BI Users, Data Analyst

Better, faster decisions: Why businesses thrive on real-time data

September 8, 2022

Via: CIO

Most organizations understand the profound impact that data is having on modern business. In Foundry’s 2022 Data & Analytics Study, 88% of IT decision-makers agree that data collection and analysis have the potential to fundamentally change their business models over […]


BI Categories, Data Mining

3 Surprising Insights from Data Leaders

August 17, 2022

Via: CIO

Winning enterprises take data, process it, and use it to deliver in-the-moment experiences to customers. Starbucks, Netflix, The Home Depot, and countless other organizations large and small have built great success based on this understanding. But what does that success […]


BI Security

As Data Privacy Concerns Ramp Up, the Need for Governed Real-Time Data Has Never Been Greater

July 14, 2022

Via: DATAVERSITY

This year’s Privacy Awareness Week (May 2-8) may be over, but it served as a reminder to look beyond the usual access controls and think about how analytics could be used to support compliance. Data privacy is essential for any […]


BI Categories, Data Mining

4 Tips for Processing Real-Time Data

March 14, 2022

Via: CIO

Real-time data processing is an essential capability for nearly every business and organization. It underlies services such as identity management, fraud prevention, financial transactions, recommendation engines, customer relationship management, and social media monitoring. It is also the foundation of predictive […]


BI Users, Data Analyst

Is Streaming Analytics the Future of Business Analytics?

October 20, 2021

Via: DATAVERSITY

Analyzing data as it is created or changes? Is that possible? Now it is, with streaming analytics, which monitors and responds to continuously flowing data from connected devices and live data channels like the sensors, machine logs, relational databases, social […]


BI Categories, Data Mining

A Better Meeting Begins with Real-Time Data

January 24, 2019

Via: CIO

Stop me if you’re familiar with this scenario: You call a meeting, blocking and tackling schedules, struggling to find a time that works for everyone. Once you finally get the right people in the room and someone starts up their […]