complex event processing

I recently completed some research on responding in real-time, discussing the need for both event processing and decision management in a solution. The research was sponsored by Oracle and you can see the video below: The white paper is here (registration required).

Oracle Event Processing is designed to provide high throughput and low latency processing against continuously streaming data—what is sometimes call Complex Event Processing. It handles real-time correlation between incoming data streams, time sensitive alerts, aggregations and calculations, pattern seeking in the stream etc. Critically, especially when one is dealing with very large volumes of streaming [...]

  Future Strategies launched their new book today in Chicago: iBPMS: Intelligent BPM Systems: Impact and Opportunity: Intelligent business process management is the next generation of enterprise BPM, leveraging recent technological advances to attain a degree of operational responsiveness not possible with yesterday’s business process platform.  Today, companies of all types want faster and better insight [...]

I got caught up with Informatica recently, checking in with them on their Complex Event Processing (CEP) technologies. They have recently been talking about decision management, especially in healthcare where their new Informatica Proactive Healthcare Decision Management solution is based on their CEP engine. Like me Informatica see a historical, summarization focus in business intelligence [...]

A recent Gartner group announcement said something that caught my eye Seventy percent of high-performing companies will manage their business processes using real-time predictive analytics or extreme collaboration by 2016, according to Gartner, Inc. “It has been technically possible to implement real-time analytics in transactional and record-keeping operational applications for decades. However, few business processes [...]

I am giving a webinar with Gagan Saxena (@Gagan_S), CIO of Apple Vacations on A New Approach to Business Design at Apple Vacations on May 22, 2012 at 10:00 am PT, 1:00 pm ET. Gagan and I will present how how Apple Vacations applied Decision Management to redesign the consumer experience and create a “smart system” [...]

Starview Inc. have just launched their new platform – Business Analytics and Optimization Platform (BAOP). Growing out of a long standing consulting practice, the company sees an opportunity for a platform aimed at the continuous optimization of decision-making. They are focused on Telco, Finance, Energy and Manufacturing (especially Semiconductor) and they have a vertically-oriented strategy, [...]

I got an overview of JBoss’s new intelligent, integrated enterprise approach as well some of their new product announcements. They are adding new data services, BPEL support, productizing their event/rules combination and adding some new connectivity elements. The world has obviously changed in the last few years. The fully automated processes of the past, JBoss [...]

There’s a great article over on IBM’s Good Decisions blog called “What’s Decision Management got to do with Business Process Management?” The article lays out a nice scenario for Decision Management and differentiates between business event processing, business rules management, analytics and business process management. It is definitely worth a read. There are a couple [...]

Roy Schulte of Gartner gave a rapid fire session on business rules. Business rules he says can be used in multiple ways in a Business Process Management context. It can be used to make applications smarter and more flexible by externalizing rules. You can also use them to control process flow. And you can use [...]

I recently got a briefing from Information Builders, an independent business intelligence (BI) and enterprise information integration/management (EIM) vendor founded in 1975. They sell their BI and EIM solutions separately, though they are increasingly selling these solutions together. They have 1,350 employees and 12,000 customer sites as well as a strong OEM portfolio. They find [...]

I was presenting this week to a company that asked what trends I saw in business rules. I had my ow thoughts but I also reached out to some other experience business rules implementers. Here’s what we came up with: A broader context for business rules Business rules are increasingly adopted as part of a [...]

As part of the build up to today’s tweet jam on advanced analytics, Jim Kobelius discussed some of the questions they are planning to use in a blog post – Advance your analytics strategy. There’s a lot of good stuff in the article but I do have to take issue with a few things. First, [...]

Syndicated from Smart Data Collective Mike Ferguson presented on Right Time Business Optimization using on-demand and event-driven analytics at the Teradata Partners conference. Business optimization, Mike says, is about continuously knowing what is the best action to take and when to take it in every business process to dynamically keep a business running optimally while [...]

There have been a number of twitter conversations around the recent SAP/Sybase news that make me want to write more than 140 characters in response. These fall into three main categories: Does the announcement have an impact on those considering decision management strategies What, exactly, do mobile workers need and does Sybase deliver this for [...]

The nice folks over at IDC let me take a look at IDC – Worldwide Application Development and Deployment: 2010 Predictions. I have a somewhat narrow focus (Decision Management) so only two are really in my zone. First, #10: 10. Decisioning Products Will Be Unified to Deliver a Decision Management Platform This is obviously right [...]

Stephen Brobst, Teradata’s CTO, took open Q&A. What’s the business and architectural impact of the temporal (and spatial) extensions in 13.10? Most Teradata customers are doing temporal things but implementing manually today using things like effective date columns. This is hard work and the new feature makes it easier to manage, more accessible to customers [...]

Syndicated from ebizQ My buddy Claye Greene, Principal Consultant at Technology Blue (a Decision Management Solutions partner) wrote a great little article on Decisions and Complex Event Processing that I highly recommend. Like Claye I think Event Processing and Decision Management are highlly complementary and Claye sums it up nicely in his article: To maximize [...]

It’s the end of day 1 of the Business Rules Forum/Enterprise Decision Management Summit and time to write a wrap up post for the day – no live blogging today as I have too much on as track chair to sit behind my keyboard! Today I got to attend Jim Sinur’s keynote and sessions from [...]