Why Is it Important for My Business To Respond to Events in Real Time?

If there’s one that is appreciated by customers and businesses alike, it’s a quick response. Getting a message regarding an issue or questionable occurrence should inherit a quick reply shortly after notification. It’s important for companies to be able to respond to an event message quickly and efficiently, making sure that they are able to address what could be a larger issue with greater expediency. This form of technology has formed a real-time solution to better regulate business processes and save organizations time and effort.

Event-Driven Architecture

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With an event-driven architecture, businesses are able to respond to events expeditiously. This structure collects meaningful events, distributing them to the appropriate places for more informed decisions and effective action in real time. These messaging services allow for customers to garner a user experience that is secure, reliable, and scalable. With an architecture in place for events and messaging, companies are allowed to rely on different types of messages and historical data to inform decisions based on this secure structure to address a series of events.

Event-driven architecture, or EDA, is a software design pattern that enables an organization to detect event data from transactions and site visits to shopping cart abandonment by a consumer, allowing companies to act on a snippet of information in real time. This pattern replaces a traditional “request/response” model where services would have to wait in queue for a reply before moving on to the next tasks. This flow of event-driven architecture is run by events and designed to address an incoming message quickly or carry out some action in a particular scenario.

Capabilities of Event-Driven Architecture

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An event-driven architecture allows for a new consumer or organization to gather events from hundreds of different types of data sources to better handle workflow. This can be done with the help of pre-built connectors, and optionally filter and transform from past events to determine what amongst your data streams should be addressed first. Event streaming allows for distribution to message brokers that uses publish and subscribe to get information where it needs to get in a short interval of time. Event processing then identifies those key events to build a history and identify what’s important.

With the help of streaming business intelligence, companies can build visual analytics on real-time and historical data to provide an organization with contextual awareness and how and when to act. Event-driven architecture also helps to create a distributed system of record for a business. These store key-value data in memory from an internal and external resource to persist data in parallel on a local, elastic commodity hardware cluster. This also allows for deployment flexibility to run the architecture anywhere at any time for scalability.

Benefits of Event-Driven Architecture

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One of the greatest advantages of an event-driven architecture is the flexibility that these models allow. This allows for companies to designate an important distinction within a database for cutting-edge digital services. Through a state change, organizations can get ahead of the competition to add, adapt, and upgrade individual components as business needs change. This event grid can be maintained within a matter of milliseconds to address issues or concerns.

These event-driven architecture systems allow for digital events to capture moments, which usually have brief relevance within protocols. This allows for past events in a database to be used for historical reference. From there, companies are able to scale easily with reliable messaging. Cloud services and containers in the public cloud give companies the ability to handle the largest event streams in real time. With quicker and smarter decision-making, businesses are in a better place to stay above the rest of the pack for the future.

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