Chapter 12. Real-Time Analytics on Big Data
At some point in time we might all have used insurance quotes. To get insurance quotes for a car we fill in the details about us and based on our credit history and other details the application gives you the insurance quotes in real time. This application analyzes your data in real time and based on it predicts the quotes. For years, these applications have followed mostly rule-based approaches with a powerful rule engine running behind the scenes, more recently these applications have started using machine learning to analyze data further and make predictions at that point in time. All these predictions and analysis that happen at that instance or point in time are real-time analytics. Some of the most popular websites, such as Netflix or famous ad networks, are all using real-time analytics and with the coming of new devices as part of the Internet of things or IoT wave, collection and analysis of data in real time has become the...