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Describe Consideration for Real-Time Data Analytics

Sometimes, big data analytics needs to be done in near-real time – for example, in some domains of financial trading, fraud detection, or cybersecurity. For that purpose, Big Data real-time analytical solutions are required.

For instance, with the help of some real-time data analytics solutions, you can easily determine stock price trends and make predictions on the market to make trading decisions. You can also learn about potential frauds committed against your accounts using real-time data analytics solutions; user and transactional data helps a great deal in discovering frauds.

Real-time data analytics solutions train machine learning models on large amounts of historical data from various ...

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