Capterra Glossary
Real Time
Real-time data refers to information collected from a system or process as it happens. It may include things like temperature readings, sound levels, traffic counts, etc. Real-time data can be used for many different purposes, such as monitoring environmental conditions in real time and detecting faults before they occur.
What Small and Midsize Businesses Need to Know About Real Time
Businesses should use real-time data to improve their decision-making processes. Having access to accurate information in real time can help them make better choices that could lead to increased profits or decreased costs. Additionally, this type of data can improve customer service by providing faster response times and more accurate information.
Related Terms
- Big Data
- Analytics and Business Intelligence (ABI)
- Business Analytics
- Digital Disruption
- Master Data Management (MDM)
- Advanced Technology
- Autonomous Vehicles
- Predictive Analytics
- Artificial Intelligence (AI)
- Data And Analytics
- Data Mining
- Clickstream Analysis
- Information Delivery
- Real-time Analytics
- Computer-brain Interface
- Business Intelligence (BI) Services