Palmer said rumors abound of Yahoo and Google releasing more real-time processing technologies for working in real-time with big data, and Streambase plans some specific product announcements in a month or so.

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Either way, factories have to take advantage of new capabilities enabled by the increasingly rapid convergence of mobility, real-time complex data processing and analytics, cloud based services and machine-to-machine intelligence.

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Fast Data is the continuous access and processing of events and data in real-time for the purposes of gaining instant awareness and instant action.

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