Event Stream Processing (ESP)
New Event Stream Processing Technology Uses Data Streams to Improve Responsiveness
Event stream processing (ESP) is a new architectural approach that enables organizations to respond more quickly to continuously changing information. ESP (also known as complex event processing - CEP) allows organizations to monitor, analyze and act on data streams – often within milliseconds. As organizations, products, people and their supporting technology systems become more connected, the speed at which data flows into and within the organization increases tremendously. ESP technology allows organizations to respond to these data streams more effectively. Event Stream Processing monitors information as it arrives. By analyzing data streams for recognizable patterns and relationships, ESP can quickly sense threats and identify opportunities, providing the foundation for quick action that gives the organization greater competitive advantage. When leading enterprises around the world require superior event processing technology, they turn to Apama from Progress Software.
Progress Apama Provides ESP Tools for Analyzing Data Streams Faster
As the industry's leading ESP platform, Progress® Apama® ESP Platform has been designed to drive applications that monitor fast moving data streams, detecting and analyzing event patterns and taking action within milliseconds. Apama's event processing architecture delivers a rich array of capabilities that enable any organization to respond to data in real time. Progress Apama reduces latency by executing real-time event scenarios on inbound data streams, applying data, temporal and spatial logic that executes with unparalleled speed. Today, Apama enables traders to deploy more sophisticated trading algorithms, telecommunications companies to comply with QoS commitments, utilities to monitor networks more efficiently, and military units to more accurately interpret intelligence from a variety of sources.
Innovative Event Stream Processing Tools for Processing Data Streams
Progress Apama delivers a number of powerful tools,. including an event stream processor, to organizations monitoring inbound data streams.
- Apama Event Modeler – This unique graphical environment enables business users to compose, deploy, manage and evolve event processing scenarios in days or hours instead of weeks or months. Logic flows are rendered graphically and users can create highly sophisticated scenarios that correlate events across multiple data streams.
- Apama Dashboard Studio – Allows users to create sophisticated, graphical BAM dashboards that intuitively monitor event processing execution.
- Apama Research Studio and EventStore – Gives users the tools to test new event processing applications and audit the operation of those already deployed.
Progress Software also provides solutions for database replication, distributed computing, object data management, object relational mapping, database integration, and other real time data scenarios.
Dr. John Bates defines what algorithmic trading has to do with event-driven processing, visualization, and making money in real time.
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ESP for Event Driven Architectures
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