Big Data & Real-Time Data solutions are essential components of a sound business strategy in all industries. Here are some examples of applicable scenarios:
Verticals
Finance
The financial sector is especially vulnerable to risk management issues that are time-sensitive. In cases of sophisticated electronic fraud for example, an unsophisticated algorithm or post-hoc system may highlight the incident after the window period to prevent or reverse the damage has passed. Here we look at how the DataReady platform can mitigate or prevent these issues in real-time.
Education
The SmartStudent App from Data Ready helps parents, teachers, school managements and other stakeholders to coordinate their efforts to enhance the students’ performance. The SmartStudent App helps students improve their performance by providing them a comprehensive view of their schedule including examinations. The SmartStudent App enables parents to keep track of their children’s progress including their attendance and academic performance in real-time.
Retail
The retail sector is likely the most straightforward area to utilize analytics in revenue generation. The DataReady technology allows for highly customizable solutions so your retail organization can put together optimized, heterogeneous strategies that maximize the number of units that move from shelves to consumer hands.
TELECOMMUNICATIONS
The management and maintenance of telecommunications infrastructure presents an especially complex problem under the best of circumstances. Traditionally the only feasible approach was to perform preventative maintenance and then hope that reparative action could be performed without too much downtime when outages occurred. With DataReady’s platform this inefficient approach can be improved to a significant degree.
Transportation
Logistics is a particularly data-heavy industry that is very reliant on optimization for a profitable and sustainable business model. If that weren’t enough, it is also disproportionately risk sensitive as any unscheduled downtime is a direct and irrevocable loss. DataReady’s platform can widen the profit margin and ensure that assets are exposed to fewer risk factors.
Web Analysis
Downtime is the enemy of any Web enterprise. DataReady’s predictive analytics applied to live machine data makes it possible to detect runtime failures on servers immediately and rectify them. Likewise any number of operational issues can be monitored in real time and either be reported and remedied immediately or a warning may be issued in advance.
