The Need for Speed? 69% of Firms Could Realize Significant Business Benefits by Shifting Their Real-Time Decision Making from Minutes to Microseconds
Yet, 69% of firms consider real-time to be over a second or longer
For the 31% already operating at sub-second level, smarter decision making is primary goal
Access to the right technology for data analysis is primary obstacle for firms looking to move to sub-second decision making
New research from KX reveals that a majority of firms (90%) plan to increase investment in real-time analytics solutions over the next three to five years. Additionally, nearly two-thirds (64%) of organizations believe having access to real-time data is critical to making smarter business decisions, while over three-quarters (78%) say real-time data and insights are creating a competitive advantage for their business.