Is Confluent a Buy?
Businesses are managing more and more data as part of everyday operations, and this is not expected to slow any time soon. Many of these businesses cannot handle the vast amounts of data they are receiving, so they employ databases to store it all.
While it's relatively easy to set up a database to securely store data, it's very difficult to spot key insights in that data until they are retrieved and analyzed, which can take time. And when that data needs to be analyzed and recognized in real-time, simply moving the data into databases isn't enough.
This is where Confluent (NASDAQ: CFLT) comes into play.
Source Fool.com
