Talk about Freakonomics! If the specter of having to provide investors with real-time data doesn't cause CIOs to freak out, what will? This idea was proposed last week by the International Audit Network, an industry group that includes Deloitte, KPMG and Ernst & Young, and who knows whether it will gain traction.
At IT Business Edge, we've been keeping a close eye on real-time technology for a couple of years. Up to now, real-time technology has been focused on front-line decision support, according to Jennifer St. Louis, senior product marketing manager at DataMirror, whom we recently interviewed.
Real-time technology is operating in the real world of supply chains, for example, where real-time ETL products are making headway. It's also seen as the key to the future of CRM.
All of this is well and good, but there's not a lot of news about integrating whole enterprises on a real-time basis. But that may be coming. One sign that real time is getting attention in all corners of the IT community: There now exists a real-time Linux operating system.