Re-evaluating Data Strategies to Respond in Real-Time

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Whether it is a click on an ad, a card swipe, or an IoT sensor detecting an anomaly, real-time events are everywhere. Organizations need to react to such events in-the-moment as customers demand action within a span of a few minutes or even seconds. Legacy data strategies like Big Data and batch processing are no longer enough to meet modern data requirements.

Fast Data is empowering organizations to respond in real-time. About 75% of organizations are already using it for at least some of their applications.

Forrester Research

The same study concludes that when it comes to growing profitability, better revenues and increased customer satisfaction, current data strategies are not fully supporting these needs. While speed has become extremely critical for managing data arriving from multiple sources, the existing fast data technology is not supporting enterprises to the extent that they should.

Are you ready to revamp your data strategies and gain the competitive advantage of timeliness?

Here are a few resources which helps you to revamp your data strategies:

The digital revolution has been accompanied by an unprecedented amount of data and an explosion of connected devices. As a result of this, millions of real-time events are being generated which organizations need to respond to within minutes or sometimes, even in seconds. This is where real-time streaming or Fast Data has entered the picture. Find out why organizations need to pay attention to Fast Data? Know More

  • Fast Data: New Age Analytics For Enhanced Customer Experience Find out what exactly is Fast Data, what it brings to the table that Big Data does not, and different industry use cases. Read More
  • Challenges to Monitoring a Fast Data Application: Monitoring Fast Data applications are different from traditional ones. Find out how to ensure their continued health? Read More
  • Introducing Druid: Real-time, Fast Data Analytics Database: Learn about Apache Druid, an ultra-fast & open-source tool for real-time data analysis. Explore how it internally stores the data. Read More

Thinking of moving towards Fast Data?
Knoldus has been trusted by path-breaking organizations for innovative solutions in Fast Data. You can check out our case studies to find out more. Book a meeting with us if you’re looking for solutions to re-evaluate your data strategies.

Written by 

Ruchika Dubey is a Marketing Manager having experience of more than 6 years. She always wants to flex her creative muscles while solving real-time business challenges. She is engrossed in delivering business value by generating marketing & promotional ideas. On a personal front, she is a shopaholic and likes to travel and explore different cultures.