The Real time term describes an environment in which data is instantly available via the internet to organizational partners. Because of the speed of today's processing systems, traditional data warehousing can now operate in real-time. As a result, real-time business intelligence is produced. Business transactions are fed into a real-time BI system, which keeps track of the enterprise's current state.
The Real time system not only supports the traditional strategic functions of data warehousing for gaining information and knowledge from past environment activity, but it also provides real-time tactical support to drive enterprise actions that respond to events as they happen.
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