Streaming analytics is moving into the mainstream as more enterprises capitalize on the technology to gain greater efficiency, competitiveness, and profitability. In fact, the streaming analytics market will grow to $13.7 billion by 2021, at a compound annual growth rate of 34.8%, according to Markets and Markets.
Behind the demand are a number of emerging business uses for streaming analytics that are proving to deliver real-world benefits. These are scenarios where the value of insights is very high shortly after they appear and then quickly diminishes over time. Stock markets, fraud, surveillance, patient monitoring, and traffic monitoring are just a few examples of such use cases.
Author: Srinath Perera