What is a streaming pipeline?

A streaming pipeline, also known as a streaming data pipeline, is a software architecture that moves data from multiple sources to destinations in real time. Streaming pipelines can support many data formats and operate at millions of events per second. They can also enable applications, analytics, and reporting to process information as it happens.

Where is streaming data used?

Streaming data is vital for many applications, including: Mobile banking apps, GPS apps, Smartwatches, Shopping or entertainment apps, and Factory sensors.

Other examples of streaming data include log files, ecommerce purchases, in-game player activity, social network information, financial trading data, geospatial services, telemetry from connected devices.

How is streaming data used in financial institutions?

Financial institutions use stream data to: Track real-time stock market changes, Compute value at risk, Automatically rebalance portfolios based on stock price movements, and Detect fraud in credit card transactions.

What are real-time streaming data pipelines?

Real-time streaming data pipelines are software architectures that move data from multiple sources to multiple destinations in near real time. They can support a variety of data formats and operate at a scale of millions of events per second. Streaming data pipelines are used in many industries to turn databases into live feeds for streaming ingest and processing.

How do streaming data pipelines prevent common problems?

Streaming data pipelines can help prevent common problems such as: Information corruption, Bottlenecks, Conflict between data sources, and Duplicate entries. They flow data continuously from source to destination as it is created, which can help to mitigate these issues.

What are the uses of streaming data pipelines?

Streaming data pipelines can be used to populate data lakes or data warehouses, or to publish to a messaging system or data stream. They process data in real-time, allowing companies to act on insights before they lose value. For example, financial, health, manufacturing, and IoT device data rely on streaming big data pipelines for improving customer experiences via segmentation, predictive maintenance, and monitoring.

What is the difference between streaming and batch processing models?

In contrast to the streaming model, the batch processing model collects a set of data over time, then feeds it into an analytics system. In the streaming model, data is fed into analytics tools piece-by-piece, and the processing is usually done in real time. This allows for more immediate insights and actions based on the data.

What is the role of streaming pipeline tools?

Streaming pipeline tools are used in financial, health, manufacturing, and IoT device data to improve customer experiences via segmentation, predictive maintenance, and monitoring.

Secoda is a data pipeline orchestration tool that helps organizations streamline data workflows for distribution and analysis. It provides automated documentation, data governance, and enhanced collaboration to improve data teams' CI/CD pipelines.