Thursday 14 April 2016

Complex Event Processing Platform




iTechtions develop systems to capture, aggregate and analyze event-driven data in real time so you can reduce risk by making decisions and taking action based on the latest information. Event processing services help to create a more agile organization with the ability to respond rapidly to new opportunities and events.

Whether it's extending a relevant offer to a customer before their attention is lost, identifying fraud before a transaction completes, or rescheduling a complex chain of shipments to avert delays downstream, iTechtions complex event processing platform delivers powerful, game-changing results.

It provides the connectivity, scalability, and speed to extract actionable, real-time intelligence from high volumes of fast-moving data enabling you to rapidly capture, analyze, and act on the trends, opportunities, and risks significant to your business.

Opportunities and risks from the past are likely to repeat over the course of time. By identifying the pattern of events that cause them, you can track for when they’ll happen next. iTechtions technology unique: you can also monitor for unexpected patterns. Given the rate in which situations change and the likelihood this frequency will increase as the speed of business accelerates you can capture valuable insight into what's developing and decipher its contextual significance.

Event streams feed into a single event-server environment and are instantly analyzed and recorded. Adapters filter what should be processed, versus not, and can listen for messages from certain domains or channels. They also standardize format to standardize event language across the environment.

Rather than analyzing data after it's reached the database, events are processed in real time using an in-memory data grid. Not only does this enable you to correlate relationships and detect meaningful patterns from significantly more data, you can do it faster and much more efficiently. Event history can live in memory for any length of time or be recorded as transactions in a stored database.

Predefined parameters set the terms to measure the significance and meaning of events by comparing them to what’s already circulating in memory and, if needed, by querying historical data set. Supports all major comparison techniques, including if an event did not occur in an expected timeframe.

If a match is detected, business rules will determine if action is required and fire off appropriate response if needed. If a layered combination is what other rules are searching for, a new event can also be created and published as a message back into the event-server environment for discovery.

While capabilities vary based on goals and requirements, iTechtions’s TIBCO offers best-in-class technology to rapidly capture, analyze, and act on any complex combination of events in real time. iTechtions'sTIBCO Event Processing is a key component of its fast data platform that delivers on the requirements of digital business allowing you to Collect data from various sources, Understand the meaning of this data and its context and  Identify and act on critical business moments. It helps you quickly build distributed, rule-based event processing systems to support instant decision-making and instant actions. For more information visit the site http://itechtions.com/

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