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RandFreeman (talk | contribs) Adding local short description: "Method of analysing information about events", overriding Wikidata description "approach to processing events in software engineering, aiming to identify meaningful events such as opportunities or threats in real-time situations and respond as quickly as possible" |
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{{Short description|Method of analysing information about events}}
'''Event processing''' is a method of tracking and [[data analytics|analyzing]] (processing) streams of information (data) about things that happen (events),<ref name=LuckhamD>{{cite book|last=Luckham|first=David C.|title=Event Processing for Business: Organizing the Real-Time Enterprise|url=http://ee.stanford.edu/~luckham/|publisher=John Wiley & Sons, Inc.|___location = Hoboken, New Jersey|year=2012|page=3|isbn=978-0-470-53485-4}}</ref> and deriving a conclusion from them. '''Complex event processing''' ('''CEP''') consists of a set of concepts and techniques developed in the early 1990s for processing real-time events and extracting information from event streams as they arrive. The goal of complex event processing is to identify meaningful events (such as [[business opportunity|opportunities]] or threats)<ref name=Bates>{{citation|last=Bates|first=John|title=John Bates of Progress explains how complex event processing works and how it can simplify the use of algorithms for finding and capturing trading opportunities|date=15 June 2011|url=http://fixglobal.com/home/secrets-revealed-trading-tools-uncover-hidden-opportunities/|publisher=Fix Global Trading|access-date=May 14, 2012}}</ref> in real-time situations and respond to them as quickly as possible.
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* [[Oracle SOA Suite|Oracle Event Processing]] - for building applications to filter, correlate, and process events in real time.
* [[SAP SE|SAP ESP]] - A low-latency, rapid development and deployment platform that allows processing multiple streams of data in real time<ref>{{Cite web |url=http://scn.sap.com/community/developer-center/esp |title=SAP ESP - Developers community |access-date=2014-07-17 |archive-url=https://web.archive.org/web/20150105095944/http://scn.sap.com/community/developer-center/esp |archive-date=2015-01-05 |url-status=dead }}</ref>
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* [[TIBCO| TIBCO BusinessEvents & Streambase ]] - CEP platform and High Performance Low Latency Event Stream Processing
* [[WebSphere Business Events]]
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