Real-World Examples
- Citi Bike
- Citi Bike, a bike-sharing program in NYC, uses CEP to ensure maximum number of bikes are available for usage and are located at ideal (optimal) positions. Through the utilization of in-time data regarding bike utilization as well as availability at docking stations and users’ guidlines, Citi Bike will be able to regularly adjust bikes deployment and rebalancing performance towards compatibility with optimal levels of demand and riders’ happiness.
- National Grid
- National Grid, one of the UK’s power utility company, implement CEP for managing electricity grid and monitoring them in real-time. With the help of special software utility, National Grid can catch and fix any grid problems, make electricity distribution more efficient and maintain stability and security of the grid network.
- Uber
- Uber, the ride-hailing platform, maximizes CEP by anticipating the real-time demand and using surge pricing by CEP. Through following the real-time data streaming on requests of riders, traffic flow and availability of drivers, Uber can make the pricing fluctuate coupled with supply, dispatch drivers to maximize passenger service and earn as much revenue during peak time as possible.
- Airbus
- Airbus, one of the prime aerospace manufacturers company applies CEP to forecast the maintenance requirements of aircraft engines. It is possible to track early signs of potential a failure in aircraft engines via sensor data delivery, schedule proactive work including maintenance tasks, and avoid unplanned aircraft downtime and lower maintenance costs by Airbus applying that.
Complex Event Processing (CEP) – System Design
Complex Event Processing (CEP) and other types of technology are changing how we analyze real-time data, gathering, and analyzing on the spot for timely decisions. What CEP systems then do is to detect and evaluate time-series data that not only is mobile and ever-changing, but that exists in large volumes as well, ultimately permitting its users to visualize and comprehend otherwise hidden information.
Important Topics for Complex Event Processing (CEP)
- Foundations of Event Processing
- Architecture of Complex Event Processing Systems
- Event Processing Languages and Query Paradigms
- Scalability and Performance Considerations
- Event Correlation and Pattern Recognition
- CEP Deployment Patterns
- Use Cases and Applications of CEP
- Integration with Other Systems
- Challenges
- Real-World Examples