Chasing Real-time Data ROI: Strategies to boost streaming data quality and value

Read this ebook and see how Precisely can work with your organization to boost streaming data quality and value.

Streaming data quality

It’s well known that data is growing at an unprecedented pace, but consider these startling statistics from a Forbes article, all culminating in the year 2020:

• About 7 megabytes of new information will be created every second for every human being on the planet
• We will have more than 1 billion smartphone users globally
• There will be more than 50 billion smart connected devices in the world
• At least one third of all data will pass through the cloud

As the pace of digital transformation continues to accelerate, organizations are quickly realizing that “big data” is no longer the buzz word. In fact, managing large, complex data movements is growing more difficult with batch processing because of data’s immense scale. Those organizations that don’t keep up with the tech trends run the risk of being left behind.

To keep pace with data creation and glean faster insights than ever before, organizations are moving toward the power of streaming data to achieve critical objectives, improve the customer experience, optimize operations and decrease costs and inefficiencies. But organizations need a solution to effectively collect, store, broker and leverage data.

While the term “big data” was undeniably the buzzword mid-decade, the buzzword for the new decade is “streaming data.”