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Join me: Event Processing Symposium: Capital Markets Edition – October 6, 2010 in NY, NY

Seems as though I’m channeling a conference promoter lately, but I’ve got one more to share.  A Capital Markets focused Event Processing Symposium in New York, on October 6, 2010, organized by the Event Processing Community of Practice.

In the opening keynote, Roy Schulte of Gartner will provide an overview of the commercial use of CEP (complex event processing), focusing on capital markets.  Roy’s session will cover these key issues:

1. Buy versus build – When to use commercial CEP software and when to write your own
2. Market landscape – Who are the major CEP vendors and what role does each play in capital markets
3. Product selection – What to look for in an event processing platform

Opher Etzion, Event Processing Scientific Leader at IBM Research Lab in Haifa and chair of the Event Processing Technical Society, is our closer.  Opher will share insights from his research and his soon-to-be released Event Processing in Action book.

For more information, please visit the Symposium site.

 

[Disclosure: The Event Processing Community of Practice (CoP) is a client of my firm, Elemental Links. I am a member of the Event Processing Technical Society (EPTS).]

Submissions now Open: Innovative Event Processing Contest by EPTS

The Event Processing Technical Society (EPTS) has just announced two Innovative Event Processing Award Programs:

Innovative Event Processing Principles Contest. The contest is open to private persons from all countries as well as to organizations from all from all countries, of all sizes, including government agencies.

The goal of this EPTS contest is to highlight research contributions significantly advancing the state-of-the-art in event processing.
To qualify for the competition, research contributions (like conference or journal articles, doctoral theses, books) should have been published in the past 5 years, or accepted for publication in the last 12 months. Submissions by the (co-)authors of the research contribution are welcome.

The nominations will be judged based on: scientific and technical soundness, relevance to event processing, originality, and expected or already achieved impact on event processing.

For more information on the Event Processing Principles Contest, go here.

Innovative Event Processing Application Case Study Contest. This contest, co-sponsored by the OMG’s Event Processing CoP, is open to organizations of all sizes, including government agencies, which have delivered, or are developing, an innovative event processing application.

The goal of the contest is to highlight applications showing significant and innovative use of event processing. To qualify for the competition, the nominated application should have been developed in the past 5 years.

Entries will be judged on the innovative use and potential or realized value from this application.  Evaluation committee members are: Alex Alves (Oracle), Francois Bry (Ludwig Maximilian University of Munich), Mani Chandy (California Institute of Technology), Opher Etzion (IBM), Brenda Michelson (Elemental Links), Themis Palpanas (Trento University)

For more information on the Event Processing Application Contest, go here.

Submissions for both contests must be received by September 30, 2010. Winners will be announced during the EPTS annual conference in November 17-19, 2010.

[Disclosures: As an EP-TS member, I worked on the committee that devised the EP Application Contest questionnaire.  That same committee will be evaluating EP Application Contest submissions.  The OMG’s EP CoP is a client of my firm, Elemental Links.]

Miss the Event Processing Symposium? Don’t Despair. Replays now available.

The replays of last Monday’s Event Processing Symposium are now available.  If you are even mildly interested in Event Processing, you should check out this program:

•    W. Roy Schulte, Vice President and Distinguished Analyst, Gartner
•    Opher Etzion, IBM Senior Technical Staff Member and chair of the Event Processing Technical Society
•    Christopher Bird, Chief Architect at Sabre Airline Solutions
•    Paul Vincent, CTO Business Rules and CEP, TIBCO Software
•    Colin Clark, Chief Technology Officer, Cloud Event Processing, Inc.

Each session is about 30 minutes.  In support of the symposium (and on-going discussion) I created an Event Processing Community of Practice Linkedin Group. 

Check out the replays, join the Linkedin group and create value from the rise of event processing. 

 

[Disclosure: The Event Processing Community of Practice (CoP) is a client of my firm, Elemental Links.]

Next Monday: Learn how to Profit from Continuous Intelligence: Free, Virtual Conference on Event Processing – June 7, 2010

Don’t miss out!  Next week, on June 7th, the Event Processing Community of Practice is hosting a free virtual conference on Profiting from Continuous Intelligence.  The program is all top speakers:

•    W. Roy Schulte, Vice President and Distinguished Analyst, Gartner
•    Opher Etzion, IBM Senior Technical Staff Member and chair of the Event Processing Technical Society
•    Christopher Bird, Chief Architect at Sabre Airline Solutions
•    Paul Vincent, CTO Business Rules and CEP, TIBCO Software
•    Colin Clark, Chief Technology Officer, Cloud Event Processing, Inc.

In support of the conference (and on-going discussion) I’ve created a virtual conference hallway in Linkedin.  If you are interested in Event Processing, register for the free virtual conference and join the Linkedin group. 

I’ll be hanging in the Linkedin group and on twitter during the show.  See you there!

 

[Disclosure: The Event Processing Community of Practice (Cop) is a client of my firm, Elemental Links.]

@ MIT CIO Symposium: The Internet of Things

I’m at the MIT CIO Symposium today.  Currently, I’m in the Internet of Things Panel.

Moderator: Dr. Michael Chui, Sr. Fellow McKinsey Global Institute

Panelists:

• Mr. Robert LeFort, CEO Ember
• Prof. Sanjay Sarma, Professor and Former Chairman of Research and Co-Founder of The Auto-ID Center at MIT
• Mr. Bob Metcalfe, Partner Polaris
• Mr. Mark Roberti, Editor RFID Journal

Sanjay Sarma – Started in 1998, vision similar to Internet of Things today.  Given early stage of internet, ambition was to replace barcodes with RFID.  Problem was price point.  Barcode is a few cents.  RFID target was 5 cents.  Brought cost of tags down.  Made the tags cheap by not putting data on tag, but only a number.  The data would be on the Internet, accessible through cell phones.  This brought about the Internet of Things.

For example, redo HVAC on this building (MIT Kresge).  Lots of resistance, jobs at risk.  However, big sustainability gain.  The people are most affected by Internet of Things.

Mark Roberti – Heard about RFID accidently.  Was covering supply chain tech, Manugistics and i2.  Software wasn’t delivering value.  Why?  Data in was bad.  Forecasts ended up bad. 

Heard about RFID at a conference, DoD was using on battleships.  Energized about space.  Began RFID Journal. 

Now, tremendous innovation going on.  Most impactful application: main application is asset tracking.  Applications are exploding: tracking babies to prevent SIDS.

Robert LeFort, Ember – company provides chips and software to actualize vision.  RFID value for last 10 years.  Now, innovation such as clean tech.  “Unbelievable the power of convenience” – Shell Executive. 

Utilize RFID for energy, utility usage controls in way that is simple and convenient.  Use the proper amounts of energy at the best savings.  Get big payback.  Don’t want notification to turn off appliance.  Want smartness in appliances and reduced energy bill.

Bob Metcalfe – Now an investor.  One investment is Ember.  Looking for opportunities: education, energy and healthcare.  Embedded (Internet of Things) is space across those. 

10 – 15 billion microcontrollers being shipped every year.  Not tags.  Most are not networked.  Humorously infers to Metcalfe’s Law.  Needless to say, there’s an opportunity here.

Invested in node and tag companies, including Sticky Bits.

Mark – Term Internet of Things is very valuable, but has outlived usefulness.  Allows us to see track and manage things we haven’t been able to see, track and manage previously.

Sanjay – dealing with the data deluge – enterprise systems today, such as RFID, aren’t designed to receive feedback.  What happens when have wrong number of pallets of toothpaste? 

Most important thing to do with RFID data is “use it or lose it”.  Data rots.  Short shelf-life.  Can fix pallet before truck leaves.  Otherwise, data is forensics.

Robert LeFort – Role of CIO and IT in Internet of Things.  Convergence on Internet is a good thing.  CIOs know how to manage, exploit Internet.

From here, the discussion went into a lightening round.  Next areas of opportunity are health, vehicle, and managed home. See big uptake in US and China.  Of existing companies, only Cisco mentioned as having opportunity to lead/exploit RFID.  See RFID as both B2B and B2C play.

The audience Q&A is focused on implementation characteristics (data processing and passive tag range), use cases (food lineage) and future advances. 

For more insights from MIT CIO Forum, check out the twitter stream #mitcio.