real time enterprise (RTE)

Real Time Enterprise (RTE) means real time in business and means that all necessary information must be available to the user at the right time.

Real Time Enterprise (RTE) includes the electronic control of all internal business processes as well as those that affect business partners and suppliers. The real-time view includes all projects and objects and their current states, which interact in the Real Time Enterprise.

With the Real Time Enterprise, greater flexibility in process management is achieved, enabling companies to react more quickly to market changes. Further advantages are cost savings, the higher speed with which products can be brought to market and better product quality.

Real Time Enterprise can be integrated into a service-oriented architecture( SOA).