href="https://plus.google.com/u/0/113669700626134338313/posts"

target="_self">

src="http://streambase.typepad.com/.a/6a00d8341c63ff53ef015436bd8d48970c-320wi"

style="margin: 0px 0px 5px 5px; border: 1px solid #000000;"

title="StreamBase LiveView Desktop on Google+" />For

some time now, StreamBase has been working on a new product

concept that's a little bit CEP, a little bit data

warehouse, and a little bit business intelligence. Today

we've href="http://streambase.typepad.com/streambase_stream_process/www.streambase.com"

target="_self">unveiled it as StreamBase LiveView.

Our customers have called it a "game changer,"

and a product that "fills a massive hole in the BI

space." Hyperbole like that needs to be backed up, so

here we go.

Complex event processing ( href="https://plus.google.com/u/0/photos/113669700626134338313/albums/5673499265388903697/5673499267892230386"

target="_self">introduction on Google+) was

envisioned by its inventors as a "database for moving

data" as firms increasingly deal with data in motion

from mobile devices, social media and digitized data of all

types, and in all industries. In its first decade of commercial

use, CEP has come to power automated trading on Wall Street. A

who's who list of firms have been public about

their adoption of CEP, so let's examine the live BI

problem in the context of Wall Street.

Industry analysts estimate that over 60% of U.S.

equities trading is automated. The problem is, with so much

automation, it's impossible

to see and act

on what's going on,

because a typical trading environment can generate 10's

of millions of events a day. Existing business intelligence and

data warehouse tools aren't used in the front office of

Wall Street, because they're designed to summarize

what's already happened, not

what's happening

now.

StreamBase LiveView brings BI and streaming data

together, for the first time. Applications that need Live BI are

everywhere on Wall Street - trading risk management, position

management, P&L management, surveillance, compliance, and

trading itself, as Waters Technology magazine describes in the

article that href="http://www.waterstechnology.com/sell-side-technology/news/2124589/streambase-seeks-radical-transparency-business-intelligence?WT.rss_f=Infrastructure+technologies&WT.rss_a=StreamBase+Seeks+%27Radical+Transparency%27+in+Business+Intelligence+"

target="_self">StreamBase Seeks 'Radical

Transparancy' in Business

Intelligence.

And applications in

other markets can be found in any environment that has big data

in motion: telecom (location aware insight and live network

operations), security (live fraud detection, live surveillance),

and e-commerce (live social media analytics, ad placement, big

streaming analytics for Hadoop and Flume). These apps can be

deployed on premise or distributed in the

cloud.

StreamBase LiveView is built

with StreamBase CEP, which provides connectivity to over 125

event-based sources of data and the extreme scalability required

by live BI. The server-based architecture is designed to process

hundreds of millions of events per node, absorbed from a network

of event sources such as an enterprise message bus or scalable

event absorption layer like Flume or IBM Streams. At the front

end, users can slice and dice streams of data with ad-hoc query

tools in the StreamBase LiveView Desktop (shown above). But

here's the key: once users ask the questions they want

answered, StreamBase LiveView

keeps answering their questions -

as conditions change in real-time; users see an always-live view

of streaming data.

href="https://plus.google.com/u/0/113669700626134338313/posts"

target="_self">

src="http://streambase.typepad.com/.a/6a00d8341c63ff53ef015436e022ae970c-320wi"

style="margin: 0px 5px 5px 0px; border: 3px solid #000000;"

title="Slide08" />For the user, all this technology

means just one thing: they see business intelligence

that's constantly fresh and relevant to their business

operations. It's not a view of 5 days ago, or even 5

minutes ago. The data is live, the insight is live, and live

insight can lead to live action.

Facebook,

Twitter, Google+ give us a live view of what's happening

in our social networks; StreamBase LiveVew gives firms a live

view of their enterprise data.

To learn more,

watch the StreamBase LiveView presentation, follow new

materials, articles, and resources on Google+ ( href="https://plus.google.com/u/0/113669700626134338313/posts"

target="_self">+StreamBase and CEO + href="https://plus.google.com/u/0/112846118010329549746/posts"

target="_self">Mark Palmer), href="http://www.dbms2.com/2011/11/10/streambase-liveview-push-based-real-time-bi/"

target="_self">read industry analyst Curt Monash,

DMBS2.0, or follow StreamBase Systems (@ href="http://twitter.com/#!/streambase"

target="_self">streambase), CEO Mark Palmer (@ href="http://twitter.com/mrkwpalmer"

target="_self">mrkwpalmer ), and CTO

Richard Tibbetts (@

target="_self">tibbets) on Twitter.