As companies look to leverage AI technologies for deriving insights that are useful for their business, we are seeing a rise in the requirement of solutions for processing millions of transactions per second. Especially when it comes to real-time data processing and analytics, the demand is even higher.
Advantages of Real-Time Data Processing
Real-time data processing has many advantages for a business, which is why; it is frequently utilized by companies for business gains. Some of its major benefits are listed below:
- Instant updating of databases and immediate response to queries made by users
- Works best in scenarios where several changes are needed to be made to a file in a short amount of time.
- Only certain specific records need to be updated that are directly impacted by a particular transaction. There is no need to make wholesale changes to a database frequently.
- Requires less amount of storage space as data is processed as soon as it arrives.
- The potency of insights is enhanced as they can be used at the most appropriate time.
However, to extract all these benefits, it is imperative that you have solutions for processing millions of transactions per second at your disposal. The hardware and software requirements for real-time transaction processing are immense. Purchasing all these resources can be quite straining for a business operation, which is why; partnering with a competent fast processing services provider is recommended.
Essential Capabilities for Fast Data Processing
Fast data processing operations like real-time data processing require apposite hardware and software capabilities. Some of the most crucial requirements for accomplishing this task are listed below:
To ensure that real-time transaction processing provides the best results, it is necessary to have access to the latest in hardware solutions. In-memory computing solutions with RAM as the storage media and parallel processing systems that use TPUs and GPUs are required to crunch vast troves of data efficiently. The price of the advanced computing hardware is quite high, so it makes good business sense to offload the transaction processing tasks to a vendor that has all these essential capabilities.
Relevant software and database solutions
Hardware cannot do all the work without the right kind of software. Therefore, access to Latest Software & Database Solutions is equally important. Database platforms like MemSQL, which is a real-time database, allows you to scale to as many nodes as you want without any loss in efficiency. MemSQL employs the already proven SQL syntax and is highly coveted by analysts for its ability to perform operational analytics fast and reliably.
Expertise in superfast processing
The point of procuring all the essential resources will be moot if they are not used by experts in the fields. At Superfastprocessing, you get access to over 100 qualified DBAs and hardware experts that do their very best to discover the most suitable insights for your business.
Fault tolerance and self-recovery
When you are using such high-performance processing units, you need to ensure that the downtime is minimized. As all hardware is vulnerable to faults, it is important to have high fault tolerance to reduce downtime. Hence, it is essential that you partner with a capable vendor that houses computer systems with high fault tolerance. At Superfastprocessing, you not only get robust hardware, but also load balancing and self-diagnostic capabilities to maximize efficiency of the process.