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Spike in enterprise 'events' spurs debut of Event Processing Technical Society
By: Dana Gardner   Wednesday, June 04, 2008 3:04 AM

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The recent growth -- and expected spike -- in business event data in enterprises has led a group of IT industry leaders to form the Event Processing Technical Society (EPTS), designed to encourage adoption and effective use of event processing methods and technology in applications.

Among the founding members are such heavy hitters as IBM, Oracle, TIBCO Software, Inc., Gartner Research, Coral8 Inc., Progress Software, and StreamBase.

Event processing pioneer Dr. David Luckham, a founding member of EPTS, explained in a press release:

“We've had decades of development of event processing technology for simulation systems, networking, and operations management. Now, the explosion in the amount of business event data being generated in modern enterprises demands a new event processing technology foundation for business intelligence and enterprise management applications.”

EPTS has five initial goals:
  • Document usage scenarios where event processing brings business benefit

  • Develop a common event-processing glossary for its members and the community-at-large to use when dealing with event processing

  • Accelerate the development and dissemination of best practices for event processing

  • Encourage academic research to help establish event processing as a research discipline and encourage the funding of applied research

  • Work with existing standards development organizations such as Object Management Group (OMG), OASIS and W3C to assist in developing standards in the areas of: event formats, event processing interoperability, event processing (meta) modeling and (meta) languages.
EPTS, which does not plan to develop standards itself, has already begun work on an initial draft of the proposed glossary. A use-case work group is generating templates around documentation and presentation of the use cases.

Event processing was a hot topic at the recent TIBCO user conference, TUCON.

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