Find out what your peers are saying about Databricks, Amazon Web Services (AWS), Microsoft and others in Streaming Analytics.
Comprehensive streaming processing and visualization of real-time operational, trading, and market data
Delays in decision-making are costly in real-time businesses like electronic trading of equities, fixed income, FX, futures, or commodities, as well as other time-critical industries like telecommunications, energy, manufacturing, and logistics.
Waiting for end-of-day reports means you’re likely to miss profitable opportunities, or fail to respond to threats to regulatory compliance or profitability until it’s much too late.
Panopticon lets business users — the people closest to the action — build, modify, and deploy sophisticated streaming analytics and data visualization applications using a fully drag-and-drop interface. They can connect to virtually any data source, including real-time streaming feeds and time series databases, develop complex stream processing programs, and design visual user interfaces that give them the perspectives they need to make insightful, fully-informed decisions based on massive amounts of fast-changing data.
It’s no wonder that seven of the world’s top ten banks use Panopticon to monitor and analyze real-time trading and market data.
Databricks is utilized for advanced analytics, big data processing, machine learning models, ETL operations, data engineering, streaming analytics, and integrating multiple data sources.
Organizations leverage Databricks for predictive analysis, data pipelines, data science, and unifying data architectures. It is also used for consulting projects, financial reporting, and creating APIs. Industries like insurance, retail, manufacturing, and pharmaceuticals use Databricks for data management and analytics due to its user-friendly interface, built-in machine learning libraries, support for multiple programming languages, scalability, and fast processing.
What are the key features of Databricks?
What are the benefits or ROI to look for in Databricks reviews?
Databricks is implemented in insurance for risk analysis and claims processing; in retail for customer analytics and inventory management; in manufacturing for predictive maintenance and supply chain optimization; and in pharmaceuticals for drug discovery and patient data analysis. Users value its scalability, machine learning support, collaboration tools, and Delta Lake performance but seek improvements in visualization, pricing, and integration with BI tools.
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