Improving an organization's overall data capabilities enables teams to operate more efficiently. Emerging technologies have brought real-time data closer to business users, which plays a critical role in effective decision-making.
In data analytics, the "hot path" and "cold path" refer to two distinct processing routes for handling data. The hot path involves real-time or near-real-time processing of data, where information is analyzed and acted upon immediately as it arrives. This path is crucial for time-sensitive applications, enabling quick responses to emerging trends or events. On the other hand, the cold path involves the batch processing of historical or less time-sensitive data, allowing for in-depth analysis, long-term trends identification, and comprehensive reporting, making it ideal for strategic planning and retrospective insights in data analytics workflows.