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Home Technology Big Data, Analytics & Intelligence

Demystifying real-time data for analytics and operational workloads

Noel Yuhanna by Noel Yuhanna
November 24, 2023
Image by Elias from Pixabay

Image by Elias from Pixabay

I often get client inquiries about latency requirements to support real-time analytics and operational workloads. The challenge is that “real time” can vary from milliseconds to minutes depending on the use case. At its core, real-time data refers to data made available immediately (or almost immediately) to support operational and analytical workloads. This data may come from transactional systems, clickstream, log streams, sensors, social media, devices, or events. Organizations typically use real-time data to support varied use cases such as fraud detection, customer experience, asset monitoring, inventory control, internet-of-things systems, and patient monitoring, as well as a variety of analytics.

Minimal latency

Businesses use operational data to support their operations and systems, primarily in a real-time manner. For example, real-time data from GPS can help track fleets, optimize routes, and provide delivery estimates. Generally, for mission-critical applications, operational data is expected to be accessible within a narrow window of 1–2 seconds. Even in scenarios when operational applications are not deemed mission-critical but still need real-time data, the criteria remain stringent, typically requiring data to be available in under 60 seconds.

“Near real time”

Unlike operational data, real-time analytics involves moving, aggregating, and processing data, which necessarily requires additional time. Latency occurs in extracting, transferring, loading, and preparing data for analytics. Based on client interactions, organizations commonly aim to establish a data accessibility target of under 15 minutes for facilitating real-time analytics when derived from transactional systems. For streaming sources such as clickstream, log streams, and sensors, organizations try to make data available for use in under 5 minutes.

Use-case-specific

The accepted analytical and operational data latency depends on the specific use case. Here are some examples of real-time latencies for operational and analytical that customers have mentioned during our interactions:

Use caseWorkloadTypical latency
Fraud detectionOperational<1 second
Patient monitoringOperational<1 second
Internet-of-things insightsOperational<5 seconds
Customer service/experienceOperational<10 seconds
Customer analyticsAnalytics<5 minutes
Social media analyticsAnalytics<5 minutes
Analytics dashboardAnalytics<10 minutes
Business intelligenceAnalytics<15 minutes

New Technologies Can Reduce Data Latency

Supporting truly real-time analytics is often not straightforward, especially with growing data volumes, disparate data silos, and legacy systems, but new and emerging technology, such as translytical data platforms and data fabric, can help reduce the friction with data collection and processing latencies. For example, a translytical platform can run multiple workloads in a single platform, eliminating the need for data movement and helping deliver analytics in seconds.

Originally posted on Forrester

Related:  Flexible working and the future of humanity
Tags: data analyticsForresteroperational workload
Noel Yuhanna

Noel Yuhanna

Noel Yuhanna, VP and principal analyst with Forrester, covers big data, data warehouses, data fabric, data integration, data virtualisation, Hadoop, Spark, in-memory, translytical, NoSQL, cloud, ETL, big data integration, data management, data tools, and data security for enterprise architecture professionals. His current focus is on new and emerging markets, modern data architectures, cloud and hybrid cloud deployments. Previous Work Experience Yuhanna has more than 25 years of experience in IT and has held various technical and management positions. He came to Forrester through its acquisition of Giga Information Group in 2003. Prior to joining Giga, Yuhanna spent several years at Exodus Communications and led a group responsible for planning and implementing mission-critical enterprise applications including ERP, CRM, and other internal apps. Prior to Exodus, he served as a principal consultant, benchmark specialist, and data architect for Amdahl Corporation. He worked on several very large database applications and deployed high-availability and high-scalability solutions for Fortune 100 companies. He was responsible for running the world’s fastest TPC-B benchmark on Informix at Amdahl in 1994 and built the first commercial terabyte-sized database on Oracle in the early 1990s. He worked on nCube MPP Database in the early '90s and helped enterprises scale their mission-critical applications. At his first job at Eicher Goodearth Corporation in the mid-1980s, he started working with COBOL programs and later expanded his knowledge toward data modeling, programming, and administration using RDBMS technologies. Yuhanna has spoken at numerous industry conferences around the globe and is quoted frequently in industry publications such as CNET News, Computerworld, eWeek, InfoWorld, InformationWeek, Forbes, Search.com, The Wall Street Journal, and The New York Times. He has taught several technical and management workshops on big data, data management, data integration, building scalable apps, in-memory platforms, and data virtualisation. Education Yuhanna holds a bachelor's degree in business and a postgraduate degree in business administration. He is the author of an Oracle book published by Manning Publications in 1999.

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