Another respondent, a retail bank, recouped its investment in real-time decision analysis in just four months.
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This can accommodate more real-time decision-making, while still correlating real-time data with historical data in traditional warehouses.
Active GRP will enable real-time decision making, allowing advertisers to make adjustments to their campaigns at the speed of the web.
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Mobile devices allow real -time decision support by enabling users to check the caloric value of foods and activities and track energy balance in real time.
In any event, the risk-averse Romney is faced with the kind of real-time decision that presidential candidates, not to mention presidents, have to face: Will he keep Stevens and be the steadfast CEO who stays the course with an embattled colleague?
Companies like mine are laying the groundwork for these changes by allowing the nation's utilities to effectively collect data from across their networks (down to the individual transformer) to help real-time pricing decision, real-time security and transmission.
The sensing is currently far easier than the real-time actuation and automated decision-making, but the latter is also getting better constantly.
Today, evidence-based medicine is accessible for clinicians and linked to software that provides real-time, high-quality clinical decision support, which leads to increased accuracy, better patient care, streamlined documentation and the elimination of costs formerly related to manual inefficiencies.
As the amount of information grows exponentially and the clockspeed of business gets faster, providing a streamlined flow of real-time data analysis and decision making in key processes will be the foundation for better performance and competitive advantage.
The ultimate in energy efficiency will come when power producers can turn on and off small substations at a moments notice based on real-time data on energy consumption at a household level, and consumers can make power purchasing decision based on real-time metering of their consumption.
In response, leaders in manufacturing must place greater importance on transparency in the demand and supply chain gaining a real-time view of global operations, and engaging their entire workforce in improved decision making.
He emphasised too that the real decision for MPs would come - in around a year's time - when it came to ratifying any deal the government reaches in Brussels.
Fast Data can factor real-time information about millions of events (clicks or other interactions) per second into business intelligence and other decision-support applications.
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