Architectural Patterns

Complex event processing

Of late, many interesting use cases have evolved around complex events. Statistical functions such as event correlation and aggregation along with computational algorithms are being applied to event data to uncover meaningful patterns that provide valuable use cases for several domains/industries. One of the prominent use cases is in the field of banking to detect frauds in transactions. Another promising use case is in weather forecasting, where several atmospheric parameters are correlated to predict cyclones, earthquakes, and so on. Many of the command centers that are used for weather forecasting across the world work on the basis of EDA.