What are real time data analytics platforms?
Real time data analytics platforms give organizations a way to use their real-time data by enabling extraction of valuable information and trends. Real time data analytics platforms provide better analytics and visualization by connecting data sources.
By measuring data in real time, businesses can make decisions based on the latest information. Because real time analytics was once time-consuming and expensive, it was used in only the most mission-critical cases. But now, the growth of real-time data from all kinds of connected devices and the use of the cloud means real-time analytics is much more accessible.
Real-time analytics platforms are serving a wide variety of industries. For example, the logistics industry can use it to track shipments and optimize routes. More organizations need data faster to enable better predictions in order to stay competitive in a hyper-connected and more competitive world.