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Supreet Oberoi

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With the evolution of distributed IT systems and the advent of Web Services, applications can now make more informed decisions by using real-time information from third-party sources. For example, today's automated trading applications can make over 30 trades a second by analyzing stock trends, market movements, news, and events that may only be relevant for a fraction of a second. A trading algorithm may infer a negative stock trend line for the next tenth of a second and may short the stock for that bit of time. Such applications require Complex Event Processing (CEP) engines. These engines can detect patterns of activity from multiple data streams and infer events continuously. Many critical CEP use cases require peak performance from both the event engine and the data streams. In the example above, the trading algorithm can't profit from making buys and sells in ... (more)