Real Time Predictive Models – Are They Possible?

Summary: At least one instance of Real Time Predictive Model development in a streaming data problem has been shown to be more accurate than its batch counterpart. Whether this can be generalized is still an open question. It does challenge the assumption that Time-to-Insight can never be real time. A few months back I was making my way through the latest literature on "real time analytics" and "in stream analytics" and my blood pressure was rising. The cause was the developer-driven hyperbole that claimed that the creation of brand new insights using advanced analytics has become "real time".