Real-time data denotes information that is delivered immediately after collection. There is no delay in the timeliness of the information provided. Real-time data is often used for navigation or tracking.
Some uses of this term confuse it with the term dynamic data. In reality, the presence of real-time data is irrelevant to whether it is dynamic or static.
Read more about Real-time Data: Real-time Data in Economics, See Also, External Links
Famous quotes containing the word data:
“To write it, it took three months; to conceive it three minutes; to collect the data in itall my life.”
—F. Scott Fitzgerald (18961940)