For an organization
to respond in real-time it needs to acquire or develop systems that can respond in real-time. Such systems need to be able
to rapidly determine that a response is required and determine also what the
appropriate and relevant response should be—they need to decide when and how to
act. These kinds of decision-making systems are known as Decision Management
Systems. To ensure that a response is delivered in real-time, more
event-centric Decision Management Systems are required
High-volume, high-speed front-line decisions must increasingly be made in real-time with big data and analytics that are actionable and operational. Oracle Event Processing and Oracle Real Time
Decisions are core components of a solution that allows organizations to detect
rapidly changing situations from massive volumes of high velocity data to make optimal, real-time business decisions.
Come to this webcast to hear James Taylor, CEO of Decision Management Solutions, discuss his latest research on why real-time responses must detect, analyze and act with greater automation.
Here is a white paper on this topic by James Taylor: Transform your business with Big Data (white paper)
You can also watch the webcast recording over here: Oracle Real Time Responses with Big Data