What is the significance of real-time analytics in decision making? 🔊
The significance of **real-time analytics** in decision-making lies in its ability to provide immediate insights from ongoing data flows. This timely information empowers organizations to respond swiftly to changes, identify emerging trends, and make informed decisions based on actual data rather than retrospective analysis. Real-time analytics enhances operational efficiency, customer experiences, and competitive advantage by enabling proactive management and vigilance in dynamic business environments.
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