{"id":12544,"date":"2012-05-23T17:33:35","date_gmt":"2012-05-23T17:33:35","guid":{"rendered":"https:\/\/www.techopedia.com\/definition\/real-time-enterprise\/"},"modified":"2012-05-28T07:14:02","modified_gmt":"2012-05-28T07:14:02","slug":"real-time-enterprise","status":"publish","type":"definition","link":"https:\/\/www.techopedia.com\/definition\/28199\/real-time-enterprise-rtm","title":{"rendered":"Real-Time Enterprise"},"content":{"rendered":"<h2><span id=\"what_does_real-time_enterprise_mean\">What Does Real-Time Enterprise Mean?<\/span><\/h2>\n<p>Real-Time Enterprise (RTE) is a concept in business systems design that helps organizations automate processes across different media, systems and enterprise boundaries. The main goal of RTE is to provide real-time information to customers, employees, partners and suppliers and implement processes to ensure that all information is up-to-date and consistent throughout all systems, which reduces the manual processsing normally associated with information. To achieve this, RTE systems exploit up-to-date information, eliminate delays and increase speed to achieve competitive advantage.<\/p>\n<h2><span id=\"techopedia_explains_real-time_enterprise\">Techopedia Explains Real-Time Enterprise<\/span><\/h2>\n<p>RTE provides the following main benefits to the various levels of an enterprise, as follows:\n<\/p>\n<ul>\n<li>Operational Level: Enhanced customer service, reduced risk, less inventory and lower processing costs<\/li>\n<li>Managerial Level: More efficient utilization of upcoming opportunities, minimal damage when system errors occur and improved agility when managing small and large threats and transformations<\/li>\n<li>Leadership Level: Ability to quickly implement the strategies required to address changing circumstances<\/li>\n<\/ul>\n<p> To achieve these positive aspects, every organization requires a time-based transformation program, which is a business effort that removes latency from its most crucial business processes. <\/p>\n<p> Although not specifically outlined, generally recognized RTE objectives are as follows:<\/p>\n<ul>\n<li> Minimized reaction times for customers and partners<\/li>\n<li> Improved visibility: For example, reporting or sharing information throughout an organization, rather than retaining within specific departments<\/li>\n<li> Enhanced automation, such as accounting, communications, reporting and supply chains <\/li>\n<li> Greater competitiveness<\/li>\n<li> Minimized expenditures \n<\/li>\n<\/ul>\n<p> To turn into an RTE, an enterprise must renovate its software infrastructure to build an enterprise nervous system (ENS). The essential technologies inside or supplementing an ENS should include: <\/p>\n<ul>\n<li> Business process management (BPM)<\/li>\n<li> Knowledge management tools<\/li>\n<li> Data warehouses<\/li>\n<li> Database management systems (DBMS)<\/li>\n<li> Enterprise portals<\/li>\n<li> Real-time analytics<\/li>\n<li> Integration brokers<\/li>\n<\/ul>\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>What Does Real-Time Enterprise Mean? Real-Time Enterprise (RTE) is a concept in business systems design that helps organizations automate processes across different media, systems and enterprise boundaries. The main goal of RTE is to provide real-time information to customers, employees, partners and suppliers and implement processes to ensure that all information is up-to-date and consistent [&hellip;]<\/p>\n","protected":false},"author":7813,"featured_media":0,"comment_status":"open","ping_status":"closed","template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","om_disable_all_campaigns":false,"footnotes":""},"definitioncat":[228],"class_list":["post-12544","definition","type-definition","status-publish","format-standard","hentry","definitioncat-risk-management"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.8 (Yoast SEO v23.8) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>What is Real-Time Enterprise (RTE)? - Definition from Techopedia<\/title>\n<meta name=\"description\" content=\"This definition explains the meaning of Real-Time Enterprise and why it matters.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.techopedia.com\/definition\/28199\/real-time-enterprise-rtm\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Real-Time Enterprise\" \/>\n<meta property=\"og:description\" content=\"This definition explains the meaning of Real-Time Enterprise and why it matters.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.techopedia.com\/definition\/28199\/real-time-enterprise-rtm\" \/>\n<meta property=\"og:site_name\" content=\"Techopedia\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/techopedia\/\" \/>\n<meta property=\"article:modified_time\" content=\"2012-05-28T07:14:02+00:00\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:site\" content=\"@techopedia\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.techopedia.com\/definition\/28199\/real-time-enterprise-rtm#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.techopedia.com\/definition\/28199\/real-time-enterprise-rtm\"},\"author\":{\"name\":\"Margaret Rouse\",\"@id\":\"https:\/\/www.techopedia.com\/#\/schema\/person\/f5dd538e31ee352d105b8af36c4268a5\"},\"headline\":\"Real-Time Enterprise\",\"datePublished\":\"2012-05-23T17:33:35+00:00\",\"dateModified\":\"2012-05-28T07:14:02+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.techopedia.com\/definition\/28199\/real-time-enterprise-rtm\"},\"wordCount\":279,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/www.techopedia.com\/#organization\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.techopedia.com\/definition\/28199\/real-time-enterprise-rtm#respond\"]}],\"articleSection\":\"\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.techopedia.com\/definition\/28199\/real-time-enterprise-rtm\",\"url\":\"https:\/\/www.techopedia.com\/definition\/28199\/real-time-enterprise-rtm\",\"name\":\"What is Real-Time Enterprise (RTE)? 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