David Luckham, inventor of CEP
Professor Emeritus of Electrical Engineering, Stanford University

What is CEP?

Complex Event Processing (CEP) is an emerging technology for building and managing information systems. The goal of CEP is to enable the information contained in the events flowing through all of the layers of the enterprise IT infrastructure to be discovered, understood in terms of its impact on high level management goals and business processes, and acted upon in real time. This includes events created by new technologies such as RFID.

Visit the comprehensive CEP website.

Other articles by Dr. Luckham:

BAM And CEP: A Marriage Of Necessity Or: Why BAM Must Use CEP
BAM Providers As Online Banking Fraud Preventers
The Beginnings of IT Insight: Business Activity Monitoring
Grand Visions For e-Commerce Require Solving 'IT Blindness'
Avoiding Disasters Waiting To Happen
"/> Building The Instantly Responsive Enterprise

Untitled Document

INTRODUCTION



Over the last several years, business process management (BPM) has evolved from a mysterious alchemy of arc-and-bubble graphics to a mainstream tool of the trade that integrates IT technologies for business advantage. In parallel, complex event processing (CEP) has expanded beyond being applicable only in the isolated domain of foreign exchange trading and is now improving a broad range of processes—from transportation logistics to customer relationship management. Put BPM and CEP together and you get intelligent business processes that react to changing business conditions in real time, providing continuous visibility—in short, an instantly responsive enterprise.

The goal of CEP is to discover information contained in the events detected throughout all layers of the organization, understand the information at the macro level as comprising a “complex event,” determine its impact, and then act upon it in real time. BPM helps organizations ensure that business processes are optimally defined, managed, executed, and monitored.

BENEFITS

An event-driven BPM solution offers the following benefits:

Real-Time Sense and Respond
An event-driven BPM solution enables each step in a business process to be informed not only by the previous step, but also by any other step, data, and pattern of behavior deemed relevant to that step. This gives business the ability to "sense and respond," which is the default operating mode for all businesses. Because CEP operates in the real-time domain, an event-driven BPM solution can respond and operate in real time.

Real-Time Visibility with Business Activity Monitoring
An event-driven BPM solution generates and executes events and business processes in real time, thus it supports business activity monitoring (BAM), which gives users complete visibility of business processes in real time. According to a recent customer survey, such visibility is the second most common driver of return on investment.

Real-Time Process Monitoring and Control
Companies can manage events to better monitor progress, track performance, meet service-level agreements (SLAs), manage exceptions, and issue alerts to automated operations or employees when a process is not functioning properly.

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