Inspite of the fact that Big Data analytics is found everywhere, the willingness of the firms to invest and to act on analytics insight is extremely slow. This is decision latency, where the companies have all the required data and knowledge but lacks the speed to make decisions on major issues. In today's world, data becomes less relevant with each passing minute. Traditional analytics tools face challenges in handling this data because they are designed to store and process the data but not to analyze this data from moment to moment. Three capabilities crucial for event processing systems to deliver ROI, are as follows :
- High availability
- User empowerment
- Empowerment of developers in order to built better distributed system with custom UIs (User Interface).
Read more at http://www.tibco.com/blog/2015/06/09/decision-latency-solving-the-big-data-analytics-oversight/