Retail Issue 3.0 - December 2024Follow the Stream Your Dedicated Community Content Scroll
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The Eventing Issue: Events in Data-Streaming Innovation
Welcome to the third issue of Follow the Stream! This edition is dedicated to Events in Data Streaming. In software, any significant action can be recorded as an event. Also known as event stream processing (ESP), event streaming patterns can process a continuous flow of data as soon as an event or change happens. This scroll explores how event stream processing works, its major benefits, and how to get started building event-driven architectures.
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Events Crash Course
Let's explore the basics behind events in Apache Kafka®.
Nihil recusandae est voluptate explicabo.
First looking at terminology, review concepts like event design, event streaming, and event-driven design, to get an understanding of the role that events play in each of these approaches to using Apache Kafka®. Moving onto developing event-first thinking, consider the benefits of event-based systems, and try to understand how event-driven programming changes everything.
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Tis’ the Season of Streaming, which means it's time to celebrate and innovate! Starting on December 9th, Confluent’s five-day learning event is an expert introduction to building with real-time and event-driven data flows. With 15 speakers and sessions on Kafka, Flink, data mesh, and GenAI, the event offers opportunities to enhance diverse skills, win attendance-based prizes, and support tech education with a $10 donation per registration.
Connect with Confluent: Celebrating One Year and 50+ Integrations
In just 12 short months, the Connect with Confluent (CwC) technology partner program has transformed from a new, ambitious initiative to expand the data streaming ecosystem into a thriving portfolio that’s rapidly increasing the breadth and value of real-time data. To celebrate this first anniversary, Confluent is excited to introduce the newest partners joining in Q3 2024 and reflect on the major milestones achieved through CwC integrations throughout the year.
Confluent’s WarpStream Deal Reflects Market Shift in Data Streaming
Confluent's acquisition of WarpStream underscores a significant shift in the data streaming market, as companies increasingly favor "bring your own cloud" (BYOC) solutions to manage cloud infrastructure costs. This approach reflects the industry's broader push toward diversified and scalable data streaming strategies, to meet the evolving demands of high-volume, cost-sensitive environments.
Empowering the First Generation of Real-Time AI Startups
As real-time AI continues to transform industries, Confluent is uniquely positioned to help startups harness the potential of data streaming to drive intelligent, automated decisions at scale. The AI Accelerator Program from Confluent for Startups is designed to support the next wave of innovation in artificial intelligence. This highly selective, 10-week virtual program seeks to collaborate with 10 to 15 early-stage AI startups that are building real-time applications utilizing the power of data streaming.
Real-Time or Real Value? Assessing the Benefits of Event Streaming
Event streaming, particularly in the service of event-driven architectures, is not just about reducing latency, but also about enabling new ways of structuring software and teams. It allows companies to optimize data for universal consumption rather than specific query patterns, which supports innovation, improves responsiveness to business needs, and transforms how teams work together.
In today’s fast-paced business environment, real-time data insights are crucial, but traditional batch processing often results in complex, tangled integrations. To resolve this, companies are shifting to a universal data products mindset, which means treating data as a reusable, discoverable asset. A data streaming platform enables businesses to build reliable data products that support real-time experiences efficiently and cost effectively.
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The Data Streaming Organization: Driving Value & Competitive Advantage From Data Streaming
A framework that allows organizations to meet increasingly complex customer demands can realize value from governed, shared, accessible, and real-time data. Organizations must extract maximum value from their generated data, which is achieved by providing a unified technology platform, established ways of working, and a guiding data streaming strategy and vision.
Data Streaming in Real Life: Retail - Customer Loyalty Platform
To enhance customer loyalty and retention, Albertsons integrates data across their entire supply chain using a data streaming platform. Real-time insights into inventory, CRM, and partner data provide seamless end-to-end data visibility enabling Albertsons to make personalized offers and strategic inventory decisions, ultimately enriching the customer experience and driving loyalty.
Quick Thinking Report: Striking the Balance Between Instinct and Insight
Today’s business leaders are under growing pressure to make snap decisions as data and technology accelerate business operations. Confluent surveyed 200 UK executives, and found that 43% of C-level leaders believe difficulties with accessing real-time data is hindering decision-making, while 58% want to "completely overhaul" their data approach in 2025.
How Event Streaming Transformed Efficiency at Booking.com
Recent innovation at Booking.com has been focused on enhancing customer experience through a “connected trip” feature. This feature, powered by data streaming, allows customers to seamlessly book flights, accommodations, car rentals, and activities—all in one visit. With better access to well-governed data, the company aims to further personalize services, ensuring a more integrated and enjoyable travel planning experience for users.
Black Friday 2.0: Why Retailers Are Betting on Data Over Discounts
Black Friday has evolved from price-driven sales to a more sophisticated event prioritizing hyper-personalized, data-driven strategies. Retailers like Amazon, ASOS, and Walmart leverage AI and real-time data for tailored promotions and product recommendations, enhancing the customer experience across online and in-store channels.
Meesho Democratizes E-commerce With Real-Time Data Streaming From Confluent
Meesho, India's leading e-commerce marketplace, has transitioned into a thriving B2C ecosystem, serving over 140 million active users. To manage significant growth and site traffic, Meesho adopted Confluent Cloud, alleviating the burden of scaling infrastructure. This move enhanced the platform’s ability to handle peak traffic effortlessly and improved personalization through real-time data access, ultimately supporting Meesho’s mission to make e-commerce accessible across India.
Event-Driven Architecture (EDA) vs. Request/Response (RR)
Adam Bellemare compares and contrasts Event-Driven and Request-Driven Architectures to give a better idea of the tradeoffs and benefits involved with each. Event-Driven Architectures (EDA) provide a powerful way to decouple services in both time and space, letting businesses subscribe and react to the events that matter most.
Unleashing the Potential of Demand Forecasting With Data Streaming
Demand forecasting is crucial for businesses, enabling them to leverage data for strategic growth and informed decision-making. Retailers can harness data to identify potential demand spikes and tailor marketing campaigns around major events. The case study of Acme Inc. illustrates how retailers aggregate and analyze diverse data sources, leading to a more accurate understanding of consumer behavior and market trends.
How To Migrate From Kafka To Confluent Cloud With Limited Downtime
Migrating from open-source Apache Kafka to Confluent can feel challenging, but success stories from companies like BigCommerce and Cerved highlight it as an effective and streamlined alternative to other deployment options. The migration process must be tailored to each environment and follows three simple phases: planning, setup, and migration/validation.
User and Entity Behavior Analytics (UEBA) applications empower data scientists, marketing managers, and IT decision-makers by facilitating targeted marketing campaigns fueled by real-time user behavior insights. This data-driven approach aims to enhance real-time reporting through effective labelling strategies and streamlined development processes for increased efficiency and agility.
Leveraging Data Streaming To Reinvent BMW Group’s Omnichannel Sales Journey
Companies are increasingly embracing direct-to-consumer (D2C) strategies to enhance customer satisfaction and strengthen relationships. BMW, for instance, has announced plans to launch its D2C operations imminently. To support this shift, the BMW Group prioritized 360-degree data transparency across the customer journey, requiring real-time data access organization wide.
Everything You’ve Ever Wanted To Ask About Event-Driven Architectures
Anna McDonald (the Duchess) and Matthias J. Sax (the Doctor), from Confluent, answer user-submitted questions on all things events and eventing, including Apache Kafka, its ecosystem, and beyond! The discussion highlights why events are a mindset, why the Duchess thinks event immutability is relaxing, and why event streams sometimes need windows.
Shift Left: Preventing and Fixing Bad Data in Event Streams, Part 1
At a high level, bad data refers to any data that doesn’t conform to expected formats or standards. It can creep into data sets in a variety of ways, and cause serious issues for all downstream data users. In Apache Kafka®, event streams are built on an immutable log, meaning that once data is written, it cannot be edited or deleted. While this immutability is a core feature, it also introduces unique challenges, and requires extra caution when producing to, and managing data in Kafka.
Building an Event-Driven Architecture? Here Are Five Ways to Get It Done Right
Despite the widespread adoption of Apache Kafka, its integration with event-driven systems continues to present challenges for developers and architects. Some key factors to consider are the importance of schema management, when to use stream processing over bespoke consumers, and how to ensure systems scale elastically for the future.
The journey of transitioning from a monolithic to a microservice-based architecture starts with an exploration of asynchronous events, publish-subscribe frameworks, and patterns such as Strangler Fig and Branch by Abstraction. Using a real-world banking case study, Confluent’s Staff Software Practice Lead Wade Waldron highlights essentials for building systems that are scalable, resilient, and adaptable.
Correlating Customer Behavior Across In-Store and Online Channels
Today's retail customers browse and purchase products across many channels, and they expect a seamless shopping experience throughout. Data streaming allows correlating customers' in-store purchase activity with their online behavior, which can then feed downstream omnichannel analytics for improved customer experience.
How L’Oréal Powers High-End, Time-Sensitive Operations With Confluent
Embracing the latest technology has always been a part of L’Oréal’s DNA. Today L'Oréal is leveraging data streaming to drive its digital transformation, integrating real-time data flows across its operations, enhancing everything from third-party logistics to internal processes like employee onboarding. This strategic focus on modernizing its data architecture not only supports current business and customer needs, but also sets the stage for innovative use cases in the future.
How Event-Driven Architecture Can Help Retailers Reset Global Supply Chain Reporting
Retail supply chains are undergoing a transformative reset with event-driven architecture, addressing the significant challenge of reducing the up-to-25% of global greenhouse gas emissions attributed to retail operations. With real-time data integration optimizing delivery routes, reducing food waste, and improving energy efficiency, companies are rethinking their data strategies to ensure proactive responses to disruptions, improved ESG reporting, as well as transparency and accountability in growing sustainability efforts.
“According to IDC, French retailers see ROI from AI in just 14 months, generating an average profit of €3.45 for every €1 spent.” Although leaders like Carrefour and La Redoute have already started integrating GenAI solutions for tailored recommendations and intelligent chatbots, siloed and unreliable data in retail still hinders broader progress. To unlock AI’s full potential, retailers are shifting their focus to real-time, integrated data strategies, leading to accurate and accessible insights.