Unlike traditional overnight reporting, real-time analytics provides an immediate pulse on business operations.
In financial services, it’s used for fraud detection, allowing institutions to halt suspicious transactions and save millions. In logistics, companies optimize supply chains by monitoring data in real-time, rerouting trucks to avoid delays and minimize costs. The manufacturing industry benefits by fine-tuning energy consumption and optimizing production processes through sensor data analysis.
The benefits—faster decision-making, improved customer experience, and cost savings—are immense. However, challenges like balancing costs and ensuring data quality must be managed.
Watch the video above for further insights and use cases ☝️
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IoT Data & AI Domain Lead - Data & AI Solution Architect