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Cloud Event Processing - Analyze, Sense, Respond

Colin Clark

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Top Stories by Colin Clark

Every year, I like to decompress a bit and take a break. Usually, I like to go scuba diving – the dive sites I like are usually far removed from email, Twitter, Facebook, etc. and it gives me a chance to actually unplug, defrag, and think a bit. This year, the family went to Grand Cayman to experience some of the world’s best diving. Within Grand Cayman is Hell, a small township dedicated to tourism and aptly named given the attached photo. We visited Hell in between dives, and rather than make my ex-wife room reservations or send out postcards, I thought I’d amplify a few predictions I’d made earlier after the benefit of some quality thinking time. So here they are: Cloud based services will finally hit Wall Street in 2011. It makes a lot of sense for firms to offer shared access to things like market data and to provide elastic resource for its manipulation. It d... (more)

Cloud Event Processing – Where For Art Thou oh CEP?

In a recent post, Louis Lovas of Progress Apama explains why the first generation CEP vendors don’t have many, if any, cloud deployments.  Here’s a quote from his post: Typical of event processing applications that do things are those in Capital Markets like algorthmic trading, pricing and market making. These applications perform some business function, often critcal in nature in their own right. Save connectivity to data sources and destinations, they are the key ingredient or the only ingredient to a business process.  In the algo world CEP systems tap into the firehose of da... (more)

CEP in the Cloud

I’ve spent the last couple of days, after absorbing the Sybase acquisition of Aleri’s assets, looking at the various CEP players websites for evidence of cloud (grid name du jour) deployment. I haven’t found anything worth mentioning.  That’s not to say that I might have missed something.  But my guess is that with all the economic woes lately, that the CEP vendors have either chosen to ignore or just simply aren’t aware that the rest of the world is actually solving real problems with cloud deployments. Which is interesting. It’s interesting because one of the pioneers in CEP &... (more)

Curt Monash on Streambase

Curt Monash has commented on Streambases announcement, “CEP Innovation Goes Global…” in regards to whether or not Streambase’s newly unveiled Component Exchange will be successful.  I don’t have an opinion either way. But I do have a concern.  Who’s going to indemnify the firms who both upload and download code from this developer’s community?  I do know that if I was involved in deploying a high frequency trading initiative, that I would be very concerned about 3 things: Negligence, Intellectual Property Issues, and Clear Title. I’ve run into some of these very exact same proble... (more)

Cloud vs Grid

IBM Session at Cloud Expo I’ve been getting a lot of email, and there have been some posts on this blog, regarding CEP based services in the cloud. So as we go down this road, I thought it would behoove us to examine what a cloud is and isn’t and what a grid is and isn’t. I found this introductory article from IBM.  It’s a good start.  I’ll be looking for some more articles – if you’ve got anything you’d like to add to this conversation, please feel free to contact me or add your comments below. Personally, my experience with grid comes from Capital Markets and calculating pric... (more)