What are the main challenges in real-time data collection?
Some key challenges include data accuracy, latency, integration with existing systems, and data privacy concerns.
How does latency affect data collection?
Latency can lead to delays in data processing, which may result in outdated information and poor decision-making.
What strategies can be used to overcome these challenges?
Strategies include using edge computing, optimizing data pipelines, and implementing robust data governance policies.
Can you give examples of industries facing these challenges?
Industries like finance, healthcare, and logistics often face significant challenges in real-time data collection.
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