Systems that gather business event data at the time of occurrence, update the master data essentially instantaneously, and provide the results arising from the business event within a very short amount of time are referred to as:

Question

Quizplus · Accepted Answer

OLRT (Online Real-Time) systems are designed to process data immediately as it is entered, providing instant updates and results, which aligns with the description given.

Systems That Gather Business Event Data at the Time of Occurrence