Homework Clinic
Social Science Clinic => Business => Management => Topic started by: amal on Jul 7, 2018
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What are the differences between stream analytics and perpetual analytics? When would you use one or the other?
What will be an ideal response?
Question 2
As described in the 2degrees case study, a common problem in the mobile telecommunications industry is defined by the term ________, which means customers leaving.
Fill in the blanks with correct word
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Answer to Question 1
In many cases they are used synonymously. However, in the context of intelligent systems, there is a difference. Streaming analytics involves applying transaction- level logic to real-time observations. The rules applied to these observations take into account previous observations as long as they occurred in the prescribed window; these windows have some arbitrary size (e.g., last 5 seconds, last 10,000 observations, etc.). Perpetual analytics, on the other hand, evaluates every incoming observation against all prior observations, where there is no window size. Recognizing how the new observation relates to all prior observations enables the discovery of real-time insight.
When transactional volumes are high and the time-to-decision is too short, favoring nonpersistence and small window sizes, this translates into using streaming analytics. However, when the mission is critical and transaction volumes can be managed in real time, then perpetual analytics is a better answer.
Answer to Question 2
customer churn