In CEP, analysis is performed to find patterns in events to determine whether a more complex event has occurred. A complex event is an event that summarizes or represents a set of other events. Events may be correlated over multiple dimensions, such as causal, temporal, or spatial.
CEP can take place over a longer period of time as compared to the other types of event processing. This type of event processing might be used to detect business threats, opportunities, or other anomalies.
An example of functionality that uses CEP is a credit card fraud engine. Each transaction on a credit card is an event and the system will look at a grouping of those events for a particular credit card to try to find a pattern ...