Real Time Anomaly Detection for Cognitive Intelligence - XenonStack

Classical Analytics – Around ten years ago, the tools for analytics or the available resources were excel, SQL databases, and similar relatively simple ones when compared to the advanced ones that are available nowadays. The analytics also used to target things like reporting, customer classification, sales trend whether they are going up or down, etc.In this article we will discuss about Real Time Anomaly Detection. As time passed by the amount of data has got a revolutionary explosion with various factors like social media data, transaction records, sensor information, etc. in the past five years. With the increase of data, how data is stored has also changed. It used to be SQL databases the most and analytics used to happen for the same during the ideal time. The analytics also used to be serialized. Later, NoSQL databases started to replace the traditional SQL databases since the data size has become huge and the analysis also changed from serial analytics to parallel processing and distributed systems for quick results.