What Does Real-Time Mean In Today's World?
RTInsights, Monday, September 23rd, 2024
Today, decisions need to be made in milliseconds and need to be made as soon as an event has occurred. Increasingly, there is a need for real-time analytics of data at its source, as it is being generated.
Businesses today must be able to act on data as it is generated. They need real-time insights to make instantaneous decisions; otherwise, they may lose an opportunity or suffer the consequences of delayed action.
RTInsights recently sat down with Dheeraj Remella, Chief Product Officer at Volt Active Data, to talk about what real time actually means today, why real-time operations are hard to achieve, which technologies can help, and more.
Here is a lightly edited summary of our conversations...