Importance Of Event Processing

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The basic principles of event processing have been widely used for some time now, in the integration middleware applications and various forms of systems software such as operating systems, network and systems management software. However, the increased value of event processing lies in recognizing the significance of an event from a business context, and identifying the right responses to associate with that event. In turn, this can allow a business to respond quickly to new opportunities and to competitive threats, disseminate relevant information in a timely fashion to the right people, enable active diagnosis of problems, and contribute to creating a real-time view of the general state of the business. Event processing can help businesses…show more content…
The need for enterprises to move from batch processing to real-time processing for quick decision-making is another reason that is pushing the demand for event processing. The characteristics of emerging workloads also require close to real-time complex event processing, involving not only data events but also events that originate from non-conventional sources like voice and video. 3.7 Design and Methodology for software based on CEP Solutions The following is a high-level description of methodology for designing and delivering turn-key CEP solutions.  Define the problem – domain and complex events and situations of…show more content…
This declarative approach allows specifying interactions like gestures more abstractly and lets the CEP engine perform the actual processing and maintenance of current and past events. This abstraction also makes it possible to benefit from optimizations and other improvements the engine can do without having to change the applications code. • Continuous queries enable applications to precisely specify which kinds of events are expected in the same declarative manner mentioned before. This allows reducing the amount of procedural post-processing within user interface code to a minimum, thus possibly improving the software quality. • Allows very high event throughput and low latency, as the CEP engine is specifically designed for continuous event stream processing. It employs well tested and implemented algorithms and optimization techniques and any future improvement will be immediately available to our
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