Posted on June 2nd, 2010 by Tim Bass
Colin Barr has covered finance for Fortune.com since November 2007. Colin was a writer and editor for TheStreet.com, winning a 2006 Society of American Business Editors and the Writers award for “The Five Dumbest Things on Wall Street,” and for Dow Jones Newswires. Colin pinned an excellent article on May [...]
Filed under: CEP News and Events, Complex Event Processing, Cyber-Trading Technologies, Cybersecurity, Event Stream Processing | 3 Comments »
Posted on May 25th, 2010 by Tim Bass
In Regulation: Don’t Throw the Baby Out With the Bathwater, Progress CTO John Bates illustrates the principle of advocating a position based on a natural conflict-of-interest and then wrapping “the package” in rhetorical phrases.
First of all, the US economy (read individual investors) would be much better off if financial services firms (or anyone) were [...]
Filed under: CEP News and Events, Complex Event Processing, Cyber-Trading Technologies, Event Processing, Progress Apama | 10 Comments »
Posted on May 24th, 2010 by Tim Bass
After months under the specter of civil unrest in Thailand, and more recently nearly a week dominated by a government imposed curfew in Thailand, I was pleased to read Paul Vincent’s post, TUCON2010: Reviewing the reviews, and yet more CEP presentations…” Paul, Alan and the TIBCO event processing team continue to demonstrate why TIBCO is [...]
Filed under: CEP News and Events, Complex Event Processing, Off Topic, TIBCO, Thailand | No Comments »
Posted on March 6th, 2010 by Tim Bass
In a new development for me, I recently learned that one of the criteria for a “RETE-based rules-engine” to actually be classified as “RETE” is that the software must perform both forward and backward chaining. A well respected rules professional just informed me:
If [the rules-engine] is just forward chaining it’s not RETE because the [...]
Filed under: Business Events, CEP News and Events, Complex Event Processing, TIBCO | 16 Comments »
Posted on March 5th, 2010 by Tim Bass
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 | 8 Comments »
Posted on March 2nd, 2010 by Tim Bass
When I first read The Power of Events: An Introduction to Complex Event Processing in Distributed Enterprise Systems by David Luckham I took away three high level ideas:
Events are important in business.
Events can be processed in a hierarchical way.
Rapide is a modeling tool developed at Stanford that can be used to model complex systems.
These three [...]
Filed under: CEP News and Events, CEP Tutorials, Complex Event Processing, TIBCO | No Comments »
Posted on March 1st, 2010 by Tim Bass
Well, after a long period of working on a number of operational projects, I’m going to take a break from writing code and actually do some blogging again. For some this is good news (and I quote from a private note):
I’m thankful you’ve started blogging again. For a while there I was afraid [...]
Filed under: Complex Event Processing | 6 Comments »
Posted on February 28th, 2010 by Tim Bass
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 »
