Zero-latency enterprise definition
Zero-latency enterprise refers to a concept based on the idea that decision-making processes within an organization should happen instantaneously, with no delays or “latency“. It’s incredibly hard to achieve as it requires perfect data management, real-time analytics, and lightning-fast decision-making. But zero-latency can be achieved through gradual, continuous improvement.
See also: real-time data, low latency
How does zero-latency enterprise work?
- 1.Data integration. It involves the collection and integration of data from all the different sources within an organization.
- 2.Real-time analytics. It involves data analysis in real time.
- 3.Automated decision-making. Once the data has been analyzed, the insights derived from it are used to make decisions. In many cases, these decisions can be automated. For example, if real-time analysis shows that a product is selling out quickly, an automated system could place an order to restock that product without any human intervention.
- 4.Continuous improvement. It is not a static state but a dynamic process of continuous improvement. The organization continuously monitors the efficiency and effectiveness of its operations and uses the insights derived from the data to make ongoing improvements.
How zero-latency benefits:
- Efficiency. When businesses make decisions quickly, they can save time and money.
- Happy customers. Customers like fast responses. If a business can provide that, it could lead to more loyal customers and more repeat business.
- Better decisions. With the latest information at their fingertips, businesses can make better, more informed decisions.
