Posted on August 30th, 2008 by Tim Bass
Many folks have been sending me email, inquiring if I will be attending the Gartner Event Processing Summit, September 15-16 or the 4th Event Processing Symposium, September 17-19, 2008 (the EPTS meeting). I regret not attending either event this year and will miss getting together with everyone. In addition, I would like to thank Opher and the EPTS team for [...]
Filed under: CEP News and Events, Complex Event Processing, EPTS, Event Processing Technical Society | 3 Comments »
Posted on August 30th, 2008 by Tim Bass
In A Short History of Complex Event Processing. Part 1: Beginnings, David Luckham opens his history discussion by saying;
“Event processing has been going on for more than fifty years.”
However, in On Event Processing as a Discipline and Some Subsets another colleague mistakenly blogs,
“… people who dealt in this area [network management and event correlation] have never investigated event [...]
Filed under: CEP Tutorials, Complex Event, Complex Event Processing, Event Processing, Use Cases | No Comments »
Posted on August 27th, 2008 by Tim Bass
A post in Technology content of current CEP products? reminds me of why I rarely, if ever, agree with anything that comes out of Aleri’s marketing team. To fair to Jeff, it is not only Aleri but others, who continually misdefine business process management (BPM) as CEP.
Jeff uses the example, “Smart Order Routing” as an example of [...]
Filed under: Analytics, Business Activity Monitoring, Business Event Processing, Business Events, Business Process Management, Business Rules, CEP Terminology, Complex Event, Complex Event Processing, Cyber-Trading Technologies, Cybersecurity, Detection Theory, EAI ESB & SOA, EDA, EPTS, Event Processing, Event-Driven Architecture, Financial Services, Fraud Detection, Simple Event Processing, Situation Models, TIBCO, Threats and Vulnerabilities, Use Cases | 24 Comments »
Posted on August 26th, 2008 by Tim Bass
I often get asked that if the current self-decribed CEP vendors are not doing “real CEP,” in my opinon, who are the vendors in the CEP space?
At the moment, event correlation and event analysis is Gartner’s closest magic quadrant (MQ) that relates directly to complex event processing (and event processing in general).
A number of our friends and colleagues would [...]
Filed under: Analytics, Complex Event, Complex Event Processing, Event Processing, Use Cases | 5 Comments »
Posted on August 21st, 2008 by Tim Bass
For interested readers, here are the event processing definitions we provided to the (future) EPTS working group on September 20, 2006, coordinated (edited) by David Luckham and Roy Schulte;
adaptive process management (n.) an element of resource and business process management, adaptive search and event processing. Sometimes referred to as “Level 4” event processing or process refinement.
application [...]
Filed under: CEP Terminology, Complex Event Processing, EPTS, Event Processing Technical Society, TIBCO | No Comments »
Posted on August 20th, 2008 by Tim Bass
In The Magical ATM Card and SMS Message in Thailand we talked about booking flights and securely paying using a SMS PayCode and ATM transfer, avoiding the possibility of on-line credit card fraud; and in Keyloggers: Why Banks Need Two-Factor Authentication I described how KBank uses SMS-based one-time-passwords (OTP) to authenticate transactions.
In addition to the above services, [...]
Filed under: Complex Event Processing, Cybersecurity, Financial Services, Fraud Detection, Key Indicators, Off Topic, Risk Management, Threats and Vulnerabilities, Use Cases | No Comments »
Posted on August 19th, 2008 by Tim Bass
Peter Lin comments in A Complex Event = Sum (Events) + Situational Knowledge, continuing the discussion by asking ”What is the definition of analytics? Is it purely a calculation, or something else?”
A good place to being to look for clues to an answer is Wikipedia, where the opinion of the author there is,
”A simple and practical definition, however, would [...]
Filed under: Analytics, Business Optimization, CEP Terminology, CEP Tutorials, Complex Event, Complex Event Processing, Cybersecurity, Event Processing, Event Processing Modelling, Fraud Detection, Modelling and Simulation, Predictive Business, Process Optimization, Risk Management, Situation Models, Use Cases | No Comments »
Posted on August 16th, 2008 by Tim Bass
Sometimes we read some opinions about CEP where folks opine that ”complex event processing” is really about processing “complex events” and not about “complex” “event processing”. The truth be told, processing “complex events” requires “complex” “event processing” so there is really no difference between the two ways of expressing CEP.
You can not process complex events in some [...]
Filed under: Advanced Event Processing, Analytics, CEP Terminology, CEP Tutorials, Complex Event, Complex Event Processing, Detection Theory, Event Processing, Event Processing Modelling, Event Stream Processing, False Positives and Negatives, Modelling and Simulation, Simple Event Processing, Situation Models | 14 Comments »
