Posted on April 2nd, 2009 by Tim Bass
Yesterday Amazon announced the public beta of Amazon Elastic MapReduce, a web-based service that enables businesses, researchers, data analysts, and developers to easily and cost-effectively process vast amounts of data. Amazon Elastic MapReduce utilizes a hosted Hadoop framework running on the web-scale infrastructure of Amazon Elastic Compute Cloud (Amazon EC2) and Amazon Simple Storage [...]
Filed under: Advanced Event Processing, Apache Mahout, Artificial Intelligence, CEP News and Events, Cloud Computing, Complex Event Processing, Cyber-Trading Technologies, Cybersecurity, Event Cloud, Event Processing, Modelling and Simulation, Network Monitoring, Predictive Business, Process Optimization, Scheduling, Security Event Management, Sensor Fusion, Simple Event Processing, Systems Engineering, Use Cases | 4 Comments »
Posted on February 25th, 2009 by Tim Bass
In a short follow-up to CEP Software Saves the Universe!, I thought it would be helpful to post some quotes from Wikipedia on reasoning and complexity.
Cognitive science sees reasoning by the analogy to a data processing, where relations between observed properties of reasoning are used in numerous models leading to evident logically correct conclusions in [...]
Filed under: Advanced Event Processing, Analytics, Artificial Intelligence, CEP Terminology, CEP Tutorials, Complex Event, Complex Event Processing, Cyber-Trading Technologies, Event Cloud, Event Processing, Event Stream Processing, Financial Services, Simple Event Processing, Situation Models, Systems Engineering | No Comments »
Posted on February 8th, 2009 by Tim Bass
Using NIST as computer science reference, an online algorithm is an algorithm that processes data (including events) element-by-element (and event-by-event), serially without having the entire problem space available from the beginning. In contrast, an offline algorithm is provided the entire problem set from the start.
Hence, real-time event processing applications generally involve online processing. Offline processing is useful when creating models [...]
Filed under: Advanced Event Processing, Analytics, Apache Mahout, CEP Tutorials, Complex Event Processing, Cyber-Trading Technologies, Cybersecurity, Detection Theory, Event Processing, False Positives and Negatives, Sensor Fusion, Systems Engineering, Use Cases | No Comments »
Posted on February 7th, 2009 by Tim Bass
The following is a reprint of Peter Lankford, Founder & Director of STAC comment on CEP, ESP and EPP. This is one of the best comments on CEP, ESP and EPP I have read.
Peter Lankford
Founder & Director, STAC
I’ve read the blog for some time and have been meaning to contribute some thoughts on vocabulary. By [...]
Filed under: CEP News and Events, CEP Terminology, CEP Tutorials, Complex Event Processing, Cyber-Trading Technologies, Financial Services | 4 Comments »
Posted on February 7th, 2009 by Tim Bass
In Streambase Again!!!! Arghhhhh!, Marc Adler concludes,
“This is why organizations like STAC Research are so important to our industry.”
STAC has publicly stated that the stream processing engines they evaluate should not be called “complex event processing” platforms. STAC refers to these this class of software as “event processing platforms” (EPP).
“EPP is a fairly new product [...]
Filed under: CEP News and Events, CEP Terminology, Complex Event Processing, Cyber-Trading Technologies | No Comments »
Posted on November 15th, 2008 by Tim Bass
Sometimes I think Marc Adler is reading my mind, and I wonder how he does it. I have been thinking for weeks about writing a detailed post about why Algorithmic Trading is not Complex Event Processing; but then Marc pens the thoughtful, Do You Really Need a Commercial CEP Engine?
In his post, Marc [...]
Filed under: CEP Terminology, CEP Tutorials, Complex Event, Complex Event Processing, Cyber-Trading Technologies, Event Processing, Event Stream Processing, Use Cases | No Comments »
Posted on October 29th, 2008 by Tim Bass
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 »
Posted on September 29th, 2008 by Tim Bass
More often than not, folks working in the field of complex event processing do not truly understand CEP. We often see the same folks try to position and mischaracterize CEP as business process orchestration, business process management, event-driven architecture or even an evolution of service-oriented architecture. Well-intended, this mischaracterization of CEP is often for sales [...]
Filed under: Advanced Event Processing, Agents, Analytics, Business Process Management, CEP News and Events, CEP Terminology, CEP Tutorials, Complex Event, Complex Event Processing, Cyber-Trading Technologies, Cybersecurity, EAI ESB & SOA, EDA, Event Processing, Event Stream Processing, Event-Driven Architecture, Situation Models, Systems Engineering, Use Cases | No Comments »
