Advertisement

Event-Stream Processing (ESP)

What does Event-Stream Processing (ESP) mean?

Event-stream processing (ESP) is a group of technologies engineered to facilitate the generation of event-driven information systems. ESP is comprised of basic elements like event visualization, event databases, event-driven middleware and event processing languages (also known as complex event processing (CEP).

Although ESP and CEP are slightly different, they are often used interchangeably.

Advertisement

Techopedia explains Event-Stream Processing (ESP)

ESP processes data from various sources in an attempt to identify meaning within complex patterns of events. In order to do this, ESP uses techniques such as:

  • Detecting complex patterns among a group of events
  • Event correlation and abstraction
  • Determining the hierarchy of events
  • Determining the relationships between events, which may include causality, membership and timing.

ESP is used to conduct algorithmic securities trading, to detect fraud and to aid in the provision of location-based telecommunication services.

Advertisement

Synonyms

Complex Event Processing (CEP)

Share this Term

  • Facebook
  • LinkedIn
  • Twitter

Survey: Why Is There Still a Gender Gap in Tech?

Do you work in the tech industry? Help us learn more about why the gender gap still exists in tech by taking this quick survey! Survey respondents will also be entered to win a $100 Amazon Gift Card!

Related Reading

Tags

Data ManagementIT BusinessCommunications StandardsMicroprocessorsWord ProcessingInformation AssuranceCommunication

Trending Articles

Newest Articles

Go back to top