Over the last few weeks, there has been a lot of activity in the event processing space. Here are some related links, post Gartner EP Summit & EPTS. I have some EP briefings and research on my docket, so more to come. It’s fair to say the EP floodgates are open:
More interesting than product announcements, here is an implementation story via Streambase "Specifically, ConvergEx has announced it has deployed StreamBase for market interaction monitoring, routing, trading operations analysis, credit risk correlation, system health monitoring and real-time analysis of market feeds for latency and response time. It provides these services BNY ConvergEx’s entire U.S. electronic trading infrastructure, which includes its dark liquidity pool VortEx."
In this podcast recorded at the June 2008 SOA Consortium meeting, Bruce Henderson was frighteningly dead-on about the US Banking Crisis. "Supporting his thesis, Bruce spoke of three major events, the dotcom bubble, the September 11 attacks and the U.S. housing market implosion, whose impact could have been reduced had the available, yet scattered, data been correlated and viewed in totality. Bruce then shared his prediction, based on applying Savant’s information agility techniques to publicly available FDIC reports, that the US Banking System faces impending failures similar to Northern Rock in the UK."
Not to miss out, Red Hat (JBoss) touts event processing features "With version 4.3, stateful rules services decision tables and rule agent support further enable business event processing and an event-driven architecture, Red Hat said. Also, non-developers can construct business rules."
Speaking of EP announcements, from OpenWorld Oracle positions the former WebLogic Event Server as part of SOA offering… Oracle "Complex Event Processing – provides a rich, declarative environment for developing event processing applications to improve business operations."
Among the Event Processing vendors with recent news is TIBCO with BusinessEvents 3.0
Lab work on IBM’s Systems S, this looks very interesting to me. "The Exploratory Stream Processing Systems team at T.J. Watson Research center conducts research on advanced topics in highly scalable stream processing applications and systems. Most of the research efforts come under the umbrella System S project, which spans several teams at Watson."
IBM’s "we are the leader now" Event Processing announcement. Glad they are finally connecting the dots of their portfolio. "The new IBM products and services represent the unification of several IBM global initiatives, including Service Oriented Architecture (SOA), Information on Demand, Virtualization and Web 2.0. They combine business process management (BPM) and business event processing software to quickly and accurately predict, detect, analyze and act upon the flood of events they face everyday…" what follows is product list… too long to include 😉
Neil Ward-Dutton unearths value in IBM’s BEP announcements. "As the press and analyst day unfolded, it became clear (not through the presentations from the IBM execs, tellingly, but through Q&A and one-on-one meetings) that behind the scenes, IBM is actually trying to do something pretty interesting. It’s got a big kit-bag of event-processing technologies, yes – but behind this, it’s working to put together a common event processing technology framework that will allow its individual technology components to be assembled in different combinations to support different types of business and IT requirements. So, rather than having separate event processing stovepipes in the WebSphere, InfoSphere and Tivoli software portfolios, together with assorted miscellaneous other components, it’s enabling all of these distinct efforts to cross-fertilize. One of the first outcomes of this work is the snappily-named WebSphere Business Events eXtreme Scale, which marries the former AptSoft technology (never marketed as a platform for high-volume processing) to the WebSphere eXtreme Scale platform."
Streaming SQL Standard paper co-authored by Oracle & Streambase. No surprise, a lot of industry chatter about this. It’s on my "to-read" list. More later (I hope).
Mark Tsimelzon, President & CTO, Coral8 defines "CEP engine" –"A CEP engine is a platform that makes it easy to write and deploy applications that process and analyze real-time data." In this post, he then explains the major terms in his definition, starting with ‘platform’.
[Disclosure: None of the above are direct clients of Elemental Links. IBM & Savant are sponsors of the SOA Consortium, which is a client.]