Ubiquitous Complex Event Processing (U-CEP)

by Rainer von Ammon, CITT, submission to European ICT research initiatives.
Ubiquitous COMPLEX EVENT PROCESSING is an Industry led initiative to exploit the opportunities of the science of CEP into the mainstream of computational practice across diverse fields of science, not just the aspect of computational modelling but the fundamental physical world phenomena exhibited.  Elucidation of [...]

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Is There a Commercial Need for a Quantum Leap in CEP Technology? Part 2

by David Luckham
Suppose a quantum leap in commercially available CEP technology were to happen. What would it consist of?  I would guess that one of the new components would be something that we haven’t seen offered up till now,  tools to help users make greater use of abstraction than they do at present.
Interestingly, if you [...]

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Untangling Events, part 2

by Philip Howard,  Bloor Research
The purpose of this series of articles is to identify if all of the different approaches to handling events are part of a single market or whether they should be treated as separate. In the first article I outlined six characteristics for handling events: monitor, filter/aggregate, correlate, alert, store and report. [...]

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Untangling events

by: Philip Howard,  Bloor Research
Complex event processing, business event processing, security event management, log management, data retention systems, event-driven architecture, event warehousing: are these topics and other related ones all subsets of what is essentially a single market or are they distinct markets? In this and the following series of articles I will attempt to [...]

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Holistic Event Processing

Future Applications of CEP
by David Luckham
Now here’s a question. How would you characterize the current generation of CEP applications?
Well, let’s consider what we have. There are applications in markets such as algorithmic trading and financial services, patient flow monitoring in hospitals, routing and crew scheduling in transportation, monitoring service level agreements in call centers, consumer [...]

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“Comprehensive Guide to Evaluating Event Stream Processing Engines”

A question uppermost in the minds of many visitors to this website: How to evaluate CEP engines.
Here is one vendor’s “vendor independent” analysis of the issue. I can think of many additional questions that prospective customers of CEP engines should ask. But this is a good beginning to an approach to this problem. It was [...]

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Event-Driven Business Process Management and its Practical Application Taking the Example of DHL

by Rainer von Ammon , Christoph Emmersberger, Florian Springer, Christian Wolff
The recently coined term “Event-Driven Business Process Management” (EDBPM) is a combination of actually two different disciplines: Business Process Management (BPM) and Complex Event Processing (CEP). The common understanding behind BPM is that each company’s unique way of doing business is captured in its business [...]

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An Answer From The Engine Room Of The Industry

An answer is proposed to a question raised in ”the history of complex event
processing part-2″
by Tom Bishop and David Luckham
I have often asked why the network monitoring applications that were developed in the late 1980’s and early 1990’s didn’t get extended to apply to business level events at about the same time. This would have [...]

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A Dynamic Algorithm for Smart Order Routing

by Robert Almgren and Bill Harts,  Streambase
The US equity markets have become increasingly complex in recent years. In part due to regulatory changes such as decimalization and Reg NMS, and in part due to technology improvements such as fast data communication, the trader has a wide variety of choice of where to send each piece [...]

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Can Real-Time Profit and Loss tame the turbulent markets?

by Bob Giffords, Independent Banking and Technology Analyst
and Mark Palmer, President and CEO, StreamBase Systems
The financial markets are accelerating: transaction volumes are up, latencies are down, complex cross asset trading up, revenue margins down. Recently markets have seen sudden spikes in volumes, and nervous volatility when the old rules of thumb broke down. Technology and [...]

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