The value of data diminishes over time. A real-time era dawns. The data industry is going from batch reporting to real-time dashboards, from pre-defined reports to ad-hoc queries, from staff-facing to customer-facing analytics, and from decision support to AI-driven decision-making.
Data latency and query latency are the two major indicators of real-time analytics. Data ingestion and storage in real time ensures data freshness, and fast response to high-concurrency data queries maximizes the value of data.