What is the importance of real-time Analytics?

The real-time analytics is very important and the need is growing significantly. It is observed that the application provides fast solutions with real-time analytics. It has a wide range including the retail sector, telecommunication, and the banking sector. Many frauds are filed in the sector of banking. One of the frauds that are very often heard is fraud transactions. Such frauds are happening on a regular basis and real-time analytics helps in detecting and identifying the frauds. It also has its application in the circle of social networks such as Twitter. Twitter brings the most trending topics to show it to the users. Real-time analytics has the role to play in it which attracts traffic and generates revenue.