Use Cases of Complex Event Processing(CEP)
Some os the use cases of complex event
- Financial Services: CEP is employed for market making, anti-fraud detection and shade rider risk management in an imperative manner in the banking field.
- Telecommunications: CEP assists in network monitoring, subscriber analytics and maintenance of telecommunication networks, especially predictive.
- Healthcare: CEP has widespread use in medicine, covering the patient monitoring, spread of infection and detection of drug interactions, among others.
- Retail and E-commerce: To that end, CEP empowers application of the current inventory management, personalized marketing, and dynamic pricing strategies in retail stores and e-commerce.
Complex Event Processing (CEP) – System Design
Complex Event Processing (CEP) and other types of technology are changing how we analyze real-time data, gathering, and analyzing on the spot for timely decisions. What CEP systems then do is to detect and evaluate time-series data that not only is mobile and ever-changing, but that exists in large volumes as well, ultimately permitting its users to visualize and comprehend otherwise hidden information.
Important Topics for Complex Event Processing (CEP)
- Foundations of Event Processing
- Architecture of Complex Event Processing Systems
- Event Processing Languages and Query Paradigms
- Scalability and Performance Considerations
- Event Correlation and Pattern Recognition
- CEP Deployment Patterns
- Use Cases and Applications of CEP
- Integration with Other Systems
- Challenges
- Real-World Examples
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