Stream analytics software monitors and analyzes integration data in real time. These tools allow users to analyze data in transfer between applications or through APIs. This allows users to analyze both historical events and what’s happening at that exact time. Companies use stream analytics to better understand what data users are retrieving and to monitor endpoints. Users can analyze data being transferred amongst devices like internet of things (IoT) endpoints, such as smart cars, machinery, or home appliances. Many tools contain data visualization components to present and map connected devices. Other common features include competitive analysis and big data analytics. There is some crossover between stream analyics and big data analytics tools, but big data analytics tools aren’t necessarily used specifically to provide real-time information.
To qualify for inclusion in the Stream Analytics category, a product must:
Monitor events pertaining to information exchange in real time
Alert users of device or network failures using triggers
Provide actionable analytical insights