Part 8/10:
Practical Use Cases: From Operational Monitoring to Fraud Detection
The session provides comprehensive examples illustrating how real-time streaming is applied in business scenarios. One example involves tracking stock transactions—collecting constantly incoming data, maintaining the latest state, and performing real-time joins or counts, such as how often a stock symbol is traded.
Another use case is anomaly detection, where systems identify suspicious activities by continuously analyzing transaction streams, flagging potential fraud or security breaches. The goal is to proactively address issues before they escalate, leveraging instant insights.