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Complex event processing boosts agility to create competitive advantage
This article is part of the Business Agility Insights issue of April 2012, Iss. 1
Companies today hope to gain a competitive edge based on their ability to respond quickly to threats and opportunities. That edge can come from highly responsive, near-real-time systems based on complex event processing (CEP) techniques used for financial applications on Wall Street. Now these CEP techniques are being used more widely in enterprise applications on Main Street. CEP examples abound. Fraud analysts are alerted when the same credit-card number is used in several cities almost simultaneously. Power-line fault histories and locations can be quickly compared against real-time weather feeds to alert utility maintenance teams about likely trouble. A health care provider can rapidly check a type of test regimen against a patient’s insurance coverage. CEP is a way to greater corporate innovation. For many companies, the move to event processing means a shift in perspective on software architecture. Complex events have unique characteristics, and people involved in the field still argue about the definition of various terms...
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Features in this issue
By providing a right-now picture of the business environment, agile systems can provide organizations with true competitive advantage.
Automation, mobility and increasingly sophisticated analytics are just a few of the trends driving adoption in key areas across the enterprise.
There’s nothing complex about event processing’s simple payoff: When properly integrated with other systems, it adds considerable value—and those benefits are increasingly accessible to companies of all types and all sizes.
Columns in this issue
When it comes to operational efficiency—or, as some experts prefer to call it, operational effectiveness—the one thing you can say without fear of contradiction is that everybody wants it.