Chaos theory dictates that when a butterfly flaps its wings in China, a volcano erupts in Iceland. Or something like that. Luckily, we have the technology to handle chaos. As every school-age maths prodigy knows, Complex Event Processing (CEP) technology has been evolving in recent years, just in time to handle today's alpha-rich array of post-crash complexities. It's that simple... or is it? Anita Hawser investigates.
When the notion of event-driven processing started filtering through to the commercial vendor space at the start of the millennium, there was a display of competitive semantics as vendors jockeyed for position. In their efforts to win over customers, many played down, or even dropped, the word 'complex' from the soon-to-be-established term Complex Event Process