MongoDB for Real Time Analytics
Let’s first understand what real-time analytics is and how important it is in today’s world.
The Analytics industry has seen a tremendous growth in the recent past. There is plenty of data available for analysis through channels such as social media, websites etc. Many companies have developed the capability of analysing the data and coming up with business insights.
But going forward, the definitive differentiating factor is going to be how fast or in real-time can a business come up with insights and how quickly can they use it to their advantage.
Let’s take a quick look at some applications of real time analytics:
Clearly we need a solution that is reliable, not rigid in terms of the structure of the data, is scalable and is also fast in terms of performing reads and writes.
MongoDB is a free, open-source document based NoSQL database system. Some of the capabilities which MongoDB provides and how they are highly suitable for real time analytics:
MongoDB is increasingly becoming popular because of these features. It is used widely for real time analytics in sectors like financial services, government, retail, high-tech and much more. Companies like Google, Flipkart, Facebook, Twitter, Bosch, Nokia, and MTV are all among the major users of MongoDB.
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