From data stagnating in warehouses to a growing number of real-time applications, in this article we explain why we need a new class of Data Catalogs: this time for real-time data. The 2010s brought us organizations “doing big data”. Teams were encouraged to dump it into a data lake and leave it for others to harvest. But data lakes soon became data swamps.
I ordered a ride share recently from a beach; the app struggled to find a car, so I had to make several requests. After the fourth or fifth attempt, my bank alerted me to possible fraudulent activity on my credit card via SMS. Each time I ordered a ride, the service put a pending charge on my card. After I texted back that it was just me, the bank reactivated my account. Though the process was annoying, I felt reassured my bank could detect possible fraudulence that quickly.
Here's why you need to double down on your DataOps before your vacation. In the past few months, everything has changed at work (or at home). Q1 plans were scrapped. Reset buttons were smashed. It was all about cost-cutting and keeping lights on. Many app and data teams sought quick solutions and developed workarounds to data challenges and operational problems as people prepared to work from home for the foreseeable future. And now, it’s time for a holiday.
Next to the healthcare system, COVID-19’s biggest infrastructural burden fell upon the supply chain. Fluctuations in supply and demand of essential goods, along with the oil surplus, led to a freight cliff in mid-April. Outbound tender volume and spot rates bottomed out, which highlighted a massive drop in demand. As the market rebounds, technological investments are key to the industry’s recovery.
In these uncertain times of the COVID-19 crisis, one thing is certain – data is key to decision making, now more than ever. And, the need for speed in getting access to data as it changes has only accelerated. It’s no wonder, then, that organisations are looking to technologies that help solve the problem of streaming data continuously, so they can run their businesses in real-time.
