Event-Stream Processing

Definition & Meaning

Last updated 5 month ago

What is Event-Stream Processing (ESP)?

What does ESP stand for?

itMyt Explains Event-Stream Processing:

Event-flow processing (ESP) is a group of technology Engineered to facilitate the era of event-pushed facts sySTEMs. ESP is made out of basic elements like occasion visualization, event Databases, occasion-pushed Middleware and occasion processing languages (additionally referred to as complicated occasion processing (CEP).

Although ESP and CEP are barely different, they're regularly used intercHangeably.

What Does Event-Stream Processing Mean?

ESP processes facts from various sources in an try and identify meaning within complicated patterns of activities. In order to do that, ESP uses techniques including:

  • Detecting complicated patterns among a Collection of events
  • Event corRelation and Abstraction
  • DeterMining the hierarchy of events
  • Determining the Relationships between activities, which might also encompass causality, membership and timing.

ESP is used to conduct Algorithmic securities trading, to Discover fraud and to resource within the provision of location-primarily based telecommunication services.

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