What is real time data management?
Real time data management entails real-time processing that handles workloads that continually fluctuate. For example, a stock market requires real time database management because it’s always changing. This is different from a traditional database with persistent data that isn’t usually affected by time.
Real time data management is also used in other industries such as banking, law, medical records, multimedia, accounting, reservation systems and scientific data analysis. These databases require speed so that data can be processed, results provided and immediate action taken. For example, an airport radar system needs data to be immediately processed so that it’s clear in real time where various airplanes are located.