I have received a few private messages about Charles Young and his form v. function rules debate. Folks have sent me references and articles to counter his debate points, however, I am impassive about this topic.
It is common sense to objective systems engineers (and well documented) that trying to manage large sets of [...]
Filed under: Business Rules, Systems Engineering | 1 Comment »
In Orwellian Event Processing the discussion moved away from my original intent, which was primarily to discuss the vendor-state-of-denial regarding the prior art for processing complex events, and gravitated toward a discussion on the “inefficiencies” of rule-based systems. I was surprised learn that there are professionals who believe that there is no basis in fact [...]
Filed under: Analytics, Artificial Intelligence, Business Rules, CEP Terminology, CEP Tutorials, Complex Event Processing, Cybersecurity, Detection Theory, Event Processing, Event Processing Technical Society, False Positives and Negatives, Systems Engineering | 6 Comments »
Recently we completed the installation and training of an open source Bayesian classifier to replace a rule-based approach to manage forum spam. In a nutshell, we found the rule-based approach was highly prone to both false positives and false negatives; however, a statistical approach using a Bayesian approach has turned out to be far superior. [...]
Filed under: Advanced Event Processing, Artificial Intelligence, Business Rules, CEP Terminology, CEP Tutorials, Complex Event, Complex Event Processing, Cybersecurity, Detection Theory, Event Cloud, Event Processing, Event Stream Processing, False Positives and Negatives, Open Source, Situation Models, Systems Engineering, Use Cases | 16 Comments »
Paul Vincent of TIBCO wrote an outstanding post, The Value of (Production) Rules … Paul correctly notes:
In summary, of course, event-processing rules, event-driven rules, and rules for business decisions can all overlap, depending on the application.
By coincidence, I was reading an excellent paper recently, Reactive Rules on the Web. In this Springer-Verlag paper, the distinguished [...]
Filed under: Business Rules, CEP Terminology, Complex Event Processing, Event Processing | 3 Comments »
Seemingly inundated with blog posts about CEP and BRMS, it seems we should simply rename the current CEP space, BRMS. All of the current self-described CEP products on the market today are rules-engines, this includes the continuous query stream processors and the RETE engines. Furthermore, a quick review of Wikipedia says BRMS is, as follows [...]
Filed under: Business Rules, CEP News and Events, CEP Terminology, CEP Tutorials, Complex Event Processing, Event Processing, Event Stream Processing, IBM | 7 Comments »
Remember all the fun we had when we carved out race cars for our Pinewood Derby? For those of you are were not apart of this great American Cub Scout culture, the pinewood derby is a racing event for Cub Scouts in the Boy Scouts of America. Cub Scouts, with the help of [...]
Filed under: Business Rules, CEP Terminology, CEP Tutorials, Complex Event, Complex Event Processing, Event Processing, Situation Models | 3 Comments »
For archiving purposes, I have uploaded 24 public CEP presentations that I presented over an 18 month period at various conferences from March 14, 2006 to September 21, 2007. These presentations can be viewed here. For example, my first public CEP presentation:
View SlideShare presentation or Upload your own. (tags: event processing)
So far, I have placed [...]
Filed under: Adapters, Advanced Event Processing, Agents, Analytics, Artificial Intelligence, Asia Pacific, Blackboard Architecture, Business Activity Monitoring, Business Event Processing, Business Events, Business Optimization, Business Process Management, Business Rules, CEP News and Events, CEP Terminology, CEP Tutorials, Cloud Computing, Complex Event, Complex Event Processing, Consulting, Cybersecurity, Detection Theory, Development and Evaluation, EAI ESB & SOA, EDA, EPRAWG, EPTS, Education and Training, Event Cloud, Event Processing, Event Processing Language, Event Processing Technical Society, Event Stream Processing, Event-Driven Architecture, False Positives and Negatives, Financial Services, Fraud Detection, Intrusion Detection, Message-Oriented Middleware, Modelling and Simulation, POSETS, Predictive Business, Process Optimization, Reference Architecture, Risk Management, Scheduling, Security Event Management, Sensor Fusion, Simple Event Processing, Situation Models, Standards, Systems Engineering, TIBCO, Threats and Vulnerabilities, Use Cases | 2 Comments »
Oct 27, 2008
By Penny Crosman
URL: http://www.wallstreetandtech.com/showArticle.jhtml?articleID=211300559
One of the many effects of the credit crisis is that Wall Street firms have found a new focus for their complex event processing projects. Although they’re not abandoning CEP-based algorithmic trading, new CEP initiatives are focused on measuring and managing risk.
With its ability to watch and apply business [...]
Filed under: Basel II, Business Rules, CEP News and Events, Complex Event Processing, Cyber-Trading Technologies, Cybersecurity, Risk Management, Use Cases | No Comments »
