Bengaluru, March 19 -- Jay Kreps, co-founder and chief executive of Confluent Inc., is betting big time on powering global enterprises with real-time streaming data solutions that can help their artificial intelligence (AI) models provide accurate, timely decisions in areas like fraud detection, recommendations, and automation.
Early data technology involved multiple databases storing and retrieving static information, or "data at rest". Modern businesses, instead, rely on interconnected systems, requiring seamless data flow across applications. "In today's dynamic environment, companies need 'data in motion' that constantly flows between applications. Confluent bridges this gap," Kreps told Mint in an interview during his visit to India...
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