Neartime data

from Wikipedia, the free encyclopedia

As a near-time data refers to data that are present not originally, but then still have a high relevance. Although there is a risk that the original data have already changed compared to the near-time data, the probability of this is classified as low or irrelevant. The term neartime suggests a temporal proximity, but the concrete expression can differ considerably depending on the context. Stock market reporting, for example, may only be delayed by a few seconds in order to be considered "neartime"; reporting, for example, in the context of acts of war such as the Gulf Wars, is also considered to be "neartime" with delays of hours.

Near-time data can often be found in planning systems . These are separated from the operational systems so that business operations are not hindered by evaluations that run simultaneously on the same databases. Since the data transfer usually only takes place at certain points in time, planning systems often only have near-time data. The data in operational systems, on the other hand, are also referred to as real-time data because they are the most up-to-date at all times.