Recent technological advancements have made real-time analytics a reality for modern applications. The advances in computing power, data storage, and analytics software have enabled organizations to move from batch analytics to real-time analytics. This provides increased insights and helps companies make better decisions in shorter time frames.
Naturally, the increasing complexity of real-time applications has led to the emergence of various architectures to support the different levels of real-time analytics requirements. This post explores the various emerging architectures for real-time analytics in applications.
Data Collection Architecture
The first step in any real-time analytics architecture is collecting data from various data sources. This involves having an efficient data collection architecture that efficiently ingests and stores data as it comes in. You need to make sure that the data collection architecture supports key capabilities, such as scalability, fault tolerance, and ease of integration with other parts of the analytics architecture.
Event Processing Architecture
Once the data is collected, it needs to be processed. Event processing architectures are micro-services designed to process the data and extract insights in real time. The goal is to detect patterns and provide notifications in near-real-time. For example, fraud detection systems must quickly and automatically detect fraud events.
Analytics Platform Architecture
The analytics platform architecture is an approach to designing and building an analytics system that enables the organization to effectively manage data sources, data flows, data stores, and applications. It helps you develop a plan for your application architecture, including how data will be integrated or processed before it’s ready to be analyzed.
The typical analytics platform architecture consists of several components:
Data sources: The raw data you want to analyze. Examples include website clickstreams, server logs, inventory levels, and customer records.
Data flows: The steps needed to transform this data into a format that can be analyzed by an analytic application. This can include extracting fields from log files or joining multiple tables together in a database query.
Analytic applications: A software application that analyzes the transformed data (for example, performing regression analysis on sales data).
Data stores: A place for storing the processed data until it’s time for analysis (for example, a database).
Presentation Layer Architecture
The presentation layer architecture is responsible for presenting the insights generated from the analytics platform. This could involve a dashboard for visualizing the insights or providing the insights to an external application. The goal is to ensure that the insights are presented efficiently and effectively.
Final words
Real-time analytics architectures are becoming increasingly important as companies look to utilize insights in near-real-time.
Additionally, the emergence of new tools, such as streaming analytics platforms, is making it easier to build real-time analytics architectures. Understanding the different architectures is key to developing and deploying effective real-time analytics systems.
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