With the growing maturity and stability of digitization and edge technologies, vast numbers of digital entities, connected devices, and microservices interact purposefully to create huge sets of poly-structured digital data. Corporations are continuously seeking fresh ways to use their data to drive business innovations and disruptions to bring in real digital transformation. Data science (DS) is proving to be the one-stop solution for simplifying the process of knowledge discovery and dissemination out of massive amounts of multi-structured data.

The world is keen to leverage multi-faceted AI techniques and tools to deploy and deliver the next generation of business and IT applications. Resource-intensive gadgets, machines, instruments, appliances, and equipment spread across a variety of environments are empowered with AI competencies. Connected products are collectively or individually enabled to be intelligent in their operations, offering and output.

When digitized entities, connected devices and microservices interact purposefully, we end up with a massive amount of multi-structured streaming (real-time) data that is continuously generated by different sources at high speed. Streaming analytics allows the management, monitoring, and real-time analytics of live streaming data. The topic has grown in importance due to the emergence of online analytics and edge and IoT platforms. A real digital transformation is being achieved across industry verticals through meticulous data collection, cleansing and crunching in real time. Capturing and subjecting those value-adding events is considered to be the prime task for achieving trustworthy and timely insights.