Why the "Real-Time" in RTI is so Important

Why the “Real-Time” in RTI is so Important

Why the “Real-Time” in RTI is so Important

What is Real-Time Individualization?
The addition of real-time technologies to drive more individualized experiences is a key part of the modern commerce experience. Customers expect websites and mobile apps to understand them and their environment and react to their inputs in real time. So, what does it mean to be real-time in the context of individualization? Here is what you need to know:

Responding to a real-time request for content
The most basic aspect of a real-time system is being able to respond to a request from another system in real time (i.e., such that that the response data can be used to satisfy a need of the other system during the rendering of the current interaction with the customer). This aspect of real-time has been around forever. The systems we built in the early to mid-two thousands could respond in half a second, which was good enough for the time. With newer technologies, we have just pushed down this real-time response window to a few milliseconds.

The latest and greatest customer data
Probably the most touted aspect of modern real-time systems is moving customer data in real time. In older systems, the customer data is updated in large batches every few hours or every day. This means that marketers and websites have to wait to take advantage of new customer information. With real-time customer data, systems can start using new customer data right away and react to the needs of the consumer immediately.

Machine learning models
The final aspect of any true real-time system, which is often overlooked, is the ability to update models with the latest data. This requires a real-time modeling engine powered by technologies like Spark streaming. With these technologies, the machine learning models use micro-batches of data to update their relationships. Instead of waiting for hours and possibly millions of data events, these systems can use minutes or even seconds of data to update their understanding of the real-time trends.

With advances in technology, the individualized customer shopping experience we have all been waiting for is finally here. The gem that is hidden-in-plain-sight is the power of real-time to deliver these one-to-one experiences.

Kibo Blog

Our Most Recent Blog Posts

Prepare yourself with key insights, guides, datapoints, and more. Subscribe to the Kibo Monthly Newsletter.

View all Blog Posts

woman picking up an order in store

What is BOPIS? A Breakdown of Buy Online, Pick Up In Store Services

In the ever-evolving landscape of retail, businesses should constantly seek innovative ways to adapt to changing customer needs to secure sustainable success. That’s where the phenomenon gaining prominence in retail comes in. BOPIS, a revolutionary…

oms

Order Management System: Build, Buy, or Both? 

Order management systems have undergone a transformation, evolving from mere back-office operational tools into pivotal components that significantly enhance the overall customer experience. It’s the engine that processes customer orders, manages inventory, and ensures timely…

Meet Kibo’s New Executive Leadership Team

Meet Kibo’s New Executive Leadership Team

We’d like to introduce you to Kibo’s new Executive Leadership team! Changes to our executive team were strategically made to support our company’s growth and focus on building composable solutions in eCommerce, order management, and…