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How real time data can be used as a competitive advantage for corporations? 

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Yet, companies appear to challenge the assumption that open data can be used to create competitive advantage, since any company can access open data and since open data use requires scarce resources.
Obtaining data in real time provides an important advantage over what clients or administrators need.
Proceedings ArticleDOI
Ricardo Jorge Santos, Jorge Bernardino 
10 Sep 2008
90 Citations
For real-time enterprises with needs in decision support purposes, real-time data warehouses seem to be very promising.
Our study suggests that the generation of competitive advantage with open data requires a company to have in-house capabilities and resources for open data use.
Proceedings ArticleDOI
Li Chen, Wenny Rahayu, David Taniar 
20 Apr 2010
21 Citations
The combination of these measures can accurately identify when the data warehouse needs to be strictly real-time, or near real-time (ie.
Proceedings ArticleDOI
Youchan Zhu, Lei An, Shuangxi Liu 
12 Dec 2008
39 Citations
Using this real-time data warehouse architecture, we can implement the real-time data warehouse easily.
The differences between using real-time and latest-available data may depend on what is being used as the " actual " or realization, and we explore several alternatives that can be used.
This paper aims to consider how firms can more effectively gather usable data. Design/methodology/approach – The methodology used was a conceptual approach using real‐time examples. Findings – The findings indicate that organizations do not lack for data – they lack high quality, analyzable data. Research limitations/implications – This paper does not provide an empirical sample.
Open accessJournal ArticleDOI
Tom Stark, Dean Croushore 
181 Citations
The differences between using real-time and latest-available data may depend on what's being used as the "actual" or realization, and we explore several alternatives that can be used.

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