Getting Insights Real Time
It is often essential to know and act upon events at real time. Real time
data can get generated from various sources such as Internet of Things
(IoT), mobile devices (Smartphone, iPad), market data, sensors, Web
clickstream, and transactions. Real time streaming analytics deals with
connection to these data sources, ingestion of real time data and
constantly calculate statistical analytics while moving within the stream of
data.
Streaming analytics help in deeper insights at the run time e.g. live
dashboards to monitor KPI at the run time. Across different industries,
streaming analytics has different usages. For example, it helps in
predictive maintenance in the production and maintenance section in the
manufacturing sector. On the other hand, streaming analytics can be
utilized to monitor and predict customer behavior.
