Challenges of real-time information processing

Get to know the main challenges of real-time information processing

In a highly competitive and dynamic market, to have knowledge is to have power and having updated information in real time is an important step to the success of any business. However, this new way of management brings with it numerous challenges and doubts and in this article we talk about it.

Correct definition of business indicators

One of the main problems presented by the management teams is the lack of knowledge about the indicators that are really relevant to the business. A real-time management system gives us up-to-date information on the state of the business, but we need to define the indicators we want to analyze. Often, management teams are uncertain about the indicators that should come to their attention, which is a challenge. It’s essential to have a broad and deep knowledge about the business to be possible to define the most relevant business indicators so that the best decisions can be made. Managers are responsible for deciding what information is needed to run the business in the best way, and they should be aware that it is not a responsibility of IT teams but a responsibility of all the leaders.

Prioritize security

There is still some mistrust about the use of real-time information systems, for fear of information leakage. Increasingly, these real-time business management solutions give importance to security by ensuring that no information is lost or passed on to the outside. Making systems inviolable is always a challenge for IT teams, due to the rapid technological evolution that we see today.

Fast technological evolution

These days, technology is evolving at a breakneck speed, which makes IT teams constantly face the challenge of being up to date. Often, because of a system upgrade or a software change, there are features that become obsolete or fail. Real-time information processing software must be constantly aware of what is happening in the world of technology, so as not to run the risk of facing bugs that can endanger the whole management of a business.

Veracity and reliability

Real-time information management systems face the challenge of presenting real and error-free data. This is an ever-present challenge, because real-time information management systems encompass information from a variety of sources, and the probability of error is higher. However, more and more systems are infallible, increasing the confidence of those who use them on a daily basis.

Adaptability

Nowadays, we can access the Internet anywhere and at any time and mobile phones are prepared to perform tasks that a few years ago could only be performed on a computer. For this reason, the need to receive business updates on mobile devices is greater. Real-time information management systems must be ready to be used on any mobile device because this will increase interest in the product and increase the efficiency of those who use these systems.

Efficient information management and the ability to solve problems before they have practical effects are a critical point for companies. Through the use of information management systems in real time it’s possible to have a more assertive and global monitoring of the whole business. The challenges of managing information will always be present but due to technological developments, it’s becoming easier to follow the business to the minute.

The impact of the Internet of Things on business

See how the Internet of Things influences the business world

The Internet of Things has the power to change the way we live and the way we work. Nowadays, the cost of accessing the Internet is very low compared to the beginning of the technology era. Mobile devices are becoming more appreciated and more devices are built with network connectivity. All of these conditions create the ideal scenario for the Internet of Things.

In a very simplified way, Internet of Things aims to connect any device to the Internet. According to Gartner, by the year 2020 there will be more than 26 billion devices connected to the network. At home, this concept aims to make life easier for people, but its application will also have impact in the business world.

Real-time Marketing

With the Internet of Things it’s possible to collect data about consumers in real time, anticipating their needs and creating strategies and campaigns that satisfy them. Real-time data collection is far more effective than exhaustive market research.

Equipment maintenance

The Internet of Things can be used to convey information about the wear of a company’s equipment, thus helping with maintenance issues. It’s also possible to recognize faults early in the production process, which allows the problem to be repaired immediately, preventing more serious complications in the future.

Logistics

The connection of logistics equipment with the Internet of Things helps companies to increase their efficiency in customer service, and it’s also possible to deliver faster and increase customer satisfaction.

Application in Data Center

In industries, the Internet of Things proves to be very useful since it’s possible to measure temperature and humidity levels. The sensors are integrated with network and system monitoring tools and, if stipulated values ​​are exceeded, alerts are generated to take corrective actions.

Greater security care

Companies need to ensure that information shared between devices connected to the network remains secure and with so many devices connected at the same time, the need for security is even greater than before. Companies will therefore need to find professionals capable of providing this security, which will result in a more effective management and a greater protection of all information.

The application of Internet of Things are endless and every day new discoveries are made in this area. The world is changing and companies need to change too so they are not outdated.

7 Advantages of using real-time data analysis

Learn how real-time analysis can help your business

The amount of generated data has increased significantly due to the widespread use of mobile devices and due to the reduction of storage costs. In a market where information is the most important asset of companies and where consumers are increasingly accessing all the information they need instantly, analyzing data in real time represents a very important competitive advantage. There are many advantages associated with the use of tools that allow real monitoring of the business and in this article we highlight some of them!

To have a complete view about the customer

With real-time analysis you can immediately see what customers prefer, their needs, and the problems they face. This information guarantees a more personalized service.

To identify changes in the immediate

A small change in the market may increase or decrease the demand for a particular product or service. Having up-to-the-minute information, you can identify this situation without causing problems for the business. Therefore, after identifying a less positive situation, for example, it’s possible to take corrective measures immediately and thus minimize possible risks.

To correct deviations in operational processes with brevity

A failure in the production process can mean serious problems with customers, suppliers and partners. Keeping track of the production process in real time allows us to identify possible failures and their correctness, without letting the process with a problem drag to its final stage.

To combine multiple sources of data and content

With the use of a system of data analysis in real time it’s possible to aggregate in a single system all the information related to the company. In this way, the access to information becomes much easier and the time previously spent to gather information from various sources is reduced.

Makes processes more agile

As real-time information management programs present the information in a condensed and ready-to-analyze form, the need for extensive reporting will eventually disappear. In this way, employees who previously had this responsibility will have more time available for other tasks, which will certainly contribute to an increase in their productivity.

Reduction of the mistakes probability

The use of real-time data analysis systems reduces communication failures and accelerates data consolidation. All company information will only be in one place, which makes analytical processes more agile and effective.

Data on mobile devices

All real-time information management programs have the potential to be used on mobile devices. Therefore, it’s possible to be in a meeting on a trip and to have real and updated information about the state of the business. This translates into a reduction in the time needed to make decisions or solve situations, since you don’t have to go to the office before you can act.

Business is happening now and it’s essential that companies have management systems that allow them to analyze the data at the moment, not wasting time and consequently opportunities.

5 Advantages of Mobility for Labor Productivity

See how mobility helps increase productivity

Business mobility is still viewed suspiciously by top managers. However, in recent years we have witnessed a change in the labor paradigm. The use of mobile devices in the professional world is changing the way how people and companies act. In this article we present 5 advantages of mobility for the labor productivity and we intend to demystify preconceived ideas about this issue.

Cost Reduction

Studies conducted by Gartner and supported by Microsoft found that, thanks to mobility, employees save about 25% of their time on the move to the workplace. In addition, having mobility means a significant reduction in the sales cycle for the commercial area, as it is possible to collect data immediately and avoid delays in signing contracts and protocols (due to the use of a digital signature). The savings can be even greater if the company opts for smaller facilities, because as employees are not always in the company space, there is no need for high areas.

Improvement of safety standards

Companies are often afraid that mobility will be synonymous with a greater likelihood of loss of network access credentials, which in most cases results in information leaks. Fortunately, technology is moving towards making systems and networks more secure and practically inviolable. Nowadays, it’s possible to control the access of those who are connected to the network, to define restrictions, among other things that contribute to the access to the company network by other devices is not seen as a problem. Knowing that employees are going to connect to the network from anywhere in the world means that companies will increase security rules, which translates into a huge advantage for the whole business.

Cloud Storage

Thanks to the widespread use of Cloud, any employee of a company can now access files and documents anywhere in the world. Mobility is made easier and more efficient thanks to this reality. The Cloud allows a collaborative work among all, without having to access to Intranets or methods that would make it difficult for employees to travel.

Communication improvement

Connecting devices to the enterprise database enables employees to access the information they need from anywhere and anytime. This makes communication more effective and optimizes the relationship with stakeholders. The response time will be shortened which is extremely positive.

Everything happens in real time

With access to company information from anywhere in the world, employees can give an instant response to their interlocutor, passing an image of professionalism and excellence. Products such as Multipeers allow the collaborator to know the status of the business at any moment through a smartphone or a tablet. Mobility requires the adoption of solutions like this, which bring innumerable advantages to organizations, and businesses enter in a spiral of positive events that will translate into an increase in profit.

The present is mobile and it’s expectable that companies will face challenges in this area in the future. Technology has evolved to eliminate or at least minimize the most damaging effects that mobility could have.