Real-time Data

The data that can be created, stored, processed, analyzed, and visualized instantly i.e. in milliseconds, is known as real-time data.

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Explore Data & Analytics Statistics

The number of IT professionals using descriptive and predictive analytics grew from the mid-40th percentile to high 60th percentile between January 2018 and January 2019.
The worldwide big data market is projected to grow from $42 billion in 2018 to $103 billion in 2027.
By 2025, IDC predicts that the total amount of digital data created worldwide will rise to 163 zettabytes, ballooned by the growing number of devices and sensors
Data warehouse optimization is considered the most important big data analytics use case, and is considered critical or very important by 70 percent of businesses.
8 percent of businesses say data and analytics have fundamentally changed the nature of industry-wide competition
The big data software market was worth $31 billion in 2018, growing 14 percent from the year before.
59 percent of executives say big data at their company would be improved through artificial intelligence (AI).
40 percent of businesses say they need to manage unstructured data on a frequent basis.
Insights-driven businesses are growing at an average of more than 30% each year, and by 2021, they are predicted to take $1.8 trillion annually from their less-informed peers.
Only 16% of organizations can currently say that 75% or more of their employees have access to company data and analytics.

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