Data value is dependent on many factors such as data relevance, data volume and the amount of time spent in deriving value from data. However, due to a rise in competition and a shorter window of opportunities, businesses are looking for data that can be put to good use in real-time. Nowadays, the window of opportunities to exploit insights has become very short. This has happened because competitors are often using similar databases and coming to the same conclusion after analyzing it. Hence, to really make the most out of a database, it is imperative that you utilize it before anyone else does, which can be done with real-time data stream processing. Also, there are many fields, in which, real-time data stream processing is extremely useful e.g. IoT. Therefore, real-time data stream processing has become more of a necessity rather than a luxury.Continue reading