What are the differences between real-time analytics and batch analytics?
Real-time analytics processes data as it comes in, allowing for immediate insights, while batch analytics processes data in large groups at scheduled intervals.
Can you give me examples of when to use each type?
Sure! Use real-time analytics for monitoring social media trends, and batch analytics for monthly sales reports.
What are the advantages of real-time analytics?
Advantages include immediate decision-making, enhanced customer experience, and the ability to respond quickly to market changes.
Are there any disadvantages to real-time analytics?
Yes, it can be more complex to implement, requires more resources, and may lead to information overload if not managed properly.
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