Real-Time Analytics and Applications

Real-Time Analytics

Extracting immediate insights from streaming data:

Streaming Analytics Types:

  • Aggregations and metrics
  • Pattern detection
  • Anomaly detection
  • Time-series analysis
  • Predictive analytics
  • Complex event processing
  • Geospatial analytics

Example Real-Time Dashboard Architecture:

┌───────────────┐     ┌───────────────┐     ┌───────────────┐
│               │     │               │     │               │
│  Event        │────▶│  Stream       │────▶│  Analytics    │
│  Sources      │     │  Processing   │     │  Store        │
│               │     │               │     │               │
└───────────────┘     └───────────────┘     └───────┬───────┘
                                                    │
                                                    │
                                                    ▼
                                           ┌───────────────┐
                                           │               │
                                           │  Dashboard    │
                                           │  Server       │
                                           │               │
                                           └───────┬───────┘
                                                   │
                                                   │
                                                   ▼
                                           ┌───────────────┐
                                           │               │
                                           │  Web          │
                                           │  Dashboard    │
                                           │               │
                                           └───────────────┘

Time-Series Analytics:

  • Real-time metrics calculation
  • Moving averages
  • Trend detection
  • Seasonality analysis
  • Forecasting
  • Downsampling
  • Specialized time-series databases

Machine Learning in Streams:

  • Online learning algorithms
  • Model serving in streams
  • Feature extraction
  • Prediction serving
  • Model updating
  • A/B testing
  • Concept drift detection

Real-Time Applications

Common use cases for real-time data processing:

Fraud Detection:

  • Real-time transaction monitoring
  • Pattern recognition
  • Rule-based detection
  • Machine learning models
  • User behavior profiling
  • Network analysis
  • Alert generation

Real-Time Recommendations:

  • User activity streaming
  • Contextual recommendations
  • Collaborative filtering
  • Content-based filtering
  • Real-time personalization
  • A/B testing
  • Feedback loops

IoT and Sensor Data Processing:

  • Device telemetry processing
  • Anomaly detection
  • Predictive maintenance
  • Digital twins
  • Edge analytics
  • Time-series forecasting
  • Geospatial analysis

Real-Time Inventory and Supply Chain:

  • Inventory level monitoring
  • Demand forecasting
  • Supply chain visibility
  • Order tracking
  • Logistics optimization
  • Warehouse management
  • Just-in-time inventory