Modern data systems still mainly process data in batch. The next stage is to move to “real time” technologies and make the entire company operate on an “event” instead of the year, the quarter, and the month.
We have all become accustomed to batch processing by calendar period. However, the world doesn’t work this way. Recently, the market in China underwent a rapid transformation. Any company with plans that focused on that region for the year or quarter had to react quickly. Customers change their minds, world events occur, and nothing happens on your schedule. Everything from money laundering, fraud detection, and promotions are generally handled in batch.