This paper describes how organizations can address operational intelligence by leveraging user-driven Complex Event Processing (CEP).
This paper includes solution scenarios and technical information on Agent Logic software products.
Companies are trying to raise the competitive bar through internal
awareness and performance improvement of many real-time operational
business processes. This study uncovers
the current and planned initiatives that companies are prioritizing in
order to improve their ability to address dynamic business changes as
they occur.
Event Processing provides early problem detection and predicts future threats and opportunities before they materialize. It is the key technology for enabling the situation awareness and sense-and-respond behavior that agile enterprises need to operate in rapidly changing conditions.
Every company needs an action plan for Event Processing that covers basic event-driven architecture and the use of derived events for sense-and-respond. There is more to Event Processing than publish-and-subscribe.
Event-driven architecture and service-oriented architecture are compatible but distinct concepts, each with its own advantages and limitations. Enterprises need both.
Event-driven applications sense and respond to business events, which are relevant changes in the state of the world. Event-driven design is crucial for achieving the speed and agility required in modern business strategies.
Future applications will be more event-driven than today's applications. Five forces are behind this development.
The key difference between conventional business processes and a new generation of improved business processes is that the new processes are event-driven.
A summary of executive editor of BRCommunity.com, Ron Ross' keynote called From Here to Agility at the Business Rules Forum.
Complex Event Processing (CEP) systems and Event Driven Architectures (EDA) have been identified as playing a larger role in sophisticated systems today and in the future. What that role is and how it is carried out are up for debate. David Luckham and Roy Schulte put together an overview and glossary of terms used in CEP and EDA.
This glossary covers a small set of basic terms related to event processing. It will be frequently updated with additional terms in response to suggestions from the event processing community for improvements and additions.
CEP as a competitive advantage measured in time and intelligence.