Event Processing for Business: Organizing the Real-Time Enterprise - Hardcover

Luckham, David C.

Hardcover

ISBN 10: 0470534850 ISBN 13: 9780470534854

Publisher: Wiley, 2011

Synopsis

Find out how Events Processing (EP) works and how it can work for you

Business Event Processing: An Introduction and Strategy Guide thoroughly describes what EP is, how to use it, and how it relates to other popular information technology architectures such as Service Oriented Architecture.

• Explains how sense and response architectures are being applied with tremendous results to businesses throughout the world and shows businesses how they can get started implementing EP
• Shows how to choose business event processing technology to suit your specific business needs and how to keep costs of adopting it down
• Provides practical guidance on how EP is best integrated into an overall IT strategy and how its architectural styles differ from more conventional approaches

This book reveals how to make the most advantageous use of event processing technology to develop real time actionable management information from the events flowing through your company's networks or resulting from your business activities. It explains to managers and executives what it means for a business enterprise to be event-driven, what business event processing technology is, and how to use it.

About this title

About the Author

David Luckham is a Research Professor (emeritus) at Stanford University. Luckham’s research and consulting activities in software technology include multi-processing and business processing languages, event-driven systems, complex event processing, program verification, systems architecture modeling and simulation, and automated deduction and reasoning systems. He is a lecturer and keynote speaker at select international conferences and congresses and the author of The Power of Events.

From the Back Cover

Turn Real – Time Events into Strategic Advantage with Event Processing for Business

Are you ready to drastically improve how your enterprise operates, take your business to higher levels, and make razor-sharp business decisions? Are you willing to make your organization more agile and event driven as you business response time accelerates? Would you like to see your profit margins soar? Learn how to make the most out of event processing technology with the help of Event Processing for Business.

Author David Luckham―a leader in event processing systems―documents the recent explosion of commercial developments in high-level event processing (EP) applied to business enterprise management. Luckham deftly illustrates how to develop, analyze, and act on real-time, actionable management information from the events flowing through your company’s networks―as well as those of your competitors.

Written for business analysts, CIOs, system integrators, technology consultants, and project managers, Event Processing for Business explores:

• What EP is, how to use it, and how it relates to other IT architectures
• How to choose the EP technology that best suits your needs
• How to adopt technology that yields the most return on your investment
• Strategies for applying EP in business and enterprise management
• How to use EP as a tool for business intelligence and a basis for planning
• The progress and probable limitations of commercial EP technology
• Future trends in EP and its pervasive supporting role in very large-scale information systems

Don’t be blindsided by real-time events. Let the power of event processing work to your strategic advantage with the tools and strategies found in Event Processing for Business.

From the Inside Flap

In today’s fast-paced corporate environment, real-time events require immediate action. Event processing (EP)―the ability to collect, analyze, and react to real-time events―is a key component of twenty-first-century business information systems. Presenting a comprehensive overview of the history, status, and future of this continuously evolving field, Event Processing for Business explores the many different ways you can apply event processing in your business operations to enable decision-making right now, as events are happening, and maintain the competitiveness of your organization in an increasingly real-time world.

In Event Processing for Business, author David Luckham shares his decades of IT research and consulting to show you how to use the events in your business and in the world around you to create new, groundbreaking ways of doing business. You’ll discover how to: detect and analyze patterns of events to create a higher level of business operations; maximize the information you extract from the events that are available to you; choose the right event processing technology to suit your specific business needs; and keep technology adoption costs down. Luckham also provides practical guidance on how EP is best integrated into an overall IT strategy and how its architectural styles differ from more conventional approaches.

Emphasizing EP examples used in a diverse range of business, including financial trading, banking, fraud detection, IT security, transportation, energy, customer relations management, and healthcare, Event Processing for Business explores:

• What event processing is
• Reasons to invest in event processing
• How and why four modern event processing technologies developed
• Basic concepts of event processing and complex event processing (CEP)
• Event streams and event clouds
• The growing marketplace for commercial event processing products
• Which businesses are using event processing and CEP today
• The kinds of business problems to which event processing is being applied
• Fundamental strategies for event processing in business: filtering, prioritization, and goal-specific methods
• More event processing concepts: event patterns, timing, causality, abstraction, and computable event hierarchies
• Abstract events and high-level views that allow you to instantly understand your competitive business situation
• Organizing abstract events for different role players in the enterprise
• The future of complex event processing in the Information Society

Event-enabled business models and systems are everywhere, and they’re here to stay. Learn how to turn real-time data into right-now actions with David Luckham’s Event Processing for Business

Edition details

• Publisher: Wiley
• Publication date: 2011
• Language: English
• ISBN 10: 0470534850
• ISBN 13: 9780470534854
• Binding: Hardcover
• Edition number: 1
• Number of pages: 288