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Understanding the value of complex event processing

April 4, 2014

Until recently, the growth of complex event processing (CEP) outside of the financial industry was relatively moderate, with strong activity coming from the airlines for applications such as baggage handling. However, times are changing; business models are radically shifting and the volume, variety and velocity of data to be mined for business insight is growing exponentially across a broad spectrum of industries. How then can CEP help organizations with their business process management initiatives? And how does CEP fit into bigger trends in play?

These are some of the questions we will address in this open-forum Twitter chat, “Understanding the value of complex event processing” on Wednesday, April 9, 12:00 p.m. EST - hashtag #BigDataMgmt.

Our special guest for the chat is Alex Philp, Ph.D., founder and president of GCS. You can follow along and join the discussion using the hashtag #BigDataMgmt.

Here are the questions we’ll be discussing as well as reference articles to help inspire the conversation: 

#BigDataMgmt chat questions

  1. What is complex event processing (CEP)?
  2. How does CEP leverage stream computing, predictive analytics, big data and in-memory computing?
  3. How does CEP compare with other low-latency technologies?
  4. Which industries are the primary users of CEP and how are they using the technology?
  5. Can CEP provide value in customer experience optimization?
  6. Can CEP help organizations with their business process management initiatives?
  7. How does CEP figure into message-oriented middleware and event-driven architectures?
  8. Why is CEP important now and how does it fit into bigger trends in play?
  9. What does tomorrow look like for CEP technology?

Related resources

Featured Guest

Alex.jpg
 

Alex Philp, Ph.D., is the founder and president of GCS, an advanced geospatial solutions company headquartered in Missoula, Montana. Alex and his partners have also launched two additional high tech companies, Adelos, Inc. and TerraEchos, Inc., pioneering advances in fiber optic sensor systems and streaming cyber analytics. Prior to launching GCS, Alex worked at the University of Montana on a variety of Earth System Science information technology projects. Alex holds a Ph.D. in Interdisciplinary Studies (Geography, Ecology and History) and serves as a Faculty Affiliate in the Department of Geography at The University of Montana. He loves working on cutting-edge problems and creatively developing solutions to these problems. 

What is #BigDataMgmt chat?

#BigDataMgmt chat is a weekly conversation every Wednesday at 12:00 p.m. EST, on Twitter. Each week we discuss a different topic around big data management.

How do you join in?

If you use a Twitter client like Tweetdeck or HootSuite, create a search column for the term ‘#BigDataMgmt’.  Then as participants tweet with the #BigDataMgmt hashtag, those tweets will appear in your column. Or you can follow with Tweetchat – http://tweetchat.com/room/bigdatamgmt – and it automatically adds the #BigDataMgmt hashtag.

How do you participate?

Just jump right in! Review the discussion questions posted in advance so you can prepare your thoughts and answers. When the question is posed, begin your response with A1: for question 1 and A2: for question 2, etc. This makes it easier to follow the conversation throughout the chat. No answer is wrong! We look forward to seeing you at the #BigDataMgmt water cooler hosted by @IBMbigdata.