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@twtrcon#twtrcontwtrcon.comsocialmediaatwork.com<br />
Thank You to Our Sponsors<br />ANCHOR SPONSORS<br />PLATINUM SPONSORS<br />RESEARCH SPONSOR<br />RECEPTION SPONSOR<br />GO...
Case Study: Real-Time Information, Instant Decision-Making<br />Mark Palmer, CEO, StreamBase Systems | @mrkwpalmer<br />
Mark Palmer, CEO<br />Case Study: Real Time Information, Instant Decision-Making<br />
StreamBase Complex Event Processing (CEP) - data management for streaming information<br />
Networking, the Internet, and wireless communications have caused the amount of streaming data in the world to explode. Tw...
But most existing business systems look at what happened in the past...<br />
The history of streaming business data1990-2000: Real time market data – Reuters, Bloomberg1998: Web click streams2002: He...
Stream Processing looks at what’s happening now so that you can respond (before the opportunity, or threat, has gone)<br />
Real Time Data Processing at Work<br />CEP: Recognized as 1 of 26 Most Innovative Technologies in the World in 2010<br />I...
Automated, intelligent trading and regulation on Wall Street<br />Sentiment analysis<br />Circuit breakers<br />Exchange c...
The U.S. National Security Agency uses CEP to monitor our homeland security and proactively act on threats<br />
Static Data Processing: “When was the price of MSFT below its trailing 5 minute moving average yesterday?”<br />time<br />...
Stream processing powers innovation through simplicity<br />trade<br />“We developed in 4 months what would have taken 4 y...
CEP – Visual Programming<br />
What new real-time analytics might be possible?<br />What macro-market sentiment analysis could you find useful in real-ti...
@twtrcon#twtrcontwtrcon.comsocialmediaatwork.com<br />
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TWTRCON NY 10 Case Study: Real-Time Information, Instant Decision-Making | Mark Palmer, Streambase

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TWTRCON NY 2010 Case Study:
Real Time Information, Instant Decision-Making

How data processing and analytics are changing business models, from capital markets to eCommerce

Mark Palmer, CEO, StreamBase Systems

Published in: Business, Technology
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  • Transcript of "TWTRCON NY 10 Case Study: Real-Time Information, Instant Decision-Making | Mark Palmer, Streambase"

    1. 1. @twtrcon#twtrcontwtrcon.comsocialmediaatwork.com<br />
    2. 2. Thank You to Our Sponsors<br />ANCHOR SPONSORS<br />PLATINUM SPONSORS<br />RESEARCH SPONSOR<br />RECEPTION SPONSOR<br />GOLD SPONSORS<br />SILVER SPONSORS<br />Please visit our sponsors and exhibitors during the breaks!<br />
    3. 3. Case Study: Real-Time Information, Instant Decision-Making<br />Mark Palmer, CEO, StreamBase Systems | @mrkwpalmer<br />
    4. 4. Mark Palmer, CEO<br />Case Study: Real Time Information, Instant Decision-Making<br />
    5. 5. StreamBase Complex Event Processing (CEP) - data management for streaming information<br />
    6. 6. Networking, the Internet, and wireless communications have caused the amount of streaming data in the world to explode. Twitter transmits 1.6 million tweets an hour<br />
    7. 7. But most existing business systems look at what happened in the past...<br />
    8. 8. The history of streaming business data1990-2000: Real time market data – Reuters, Bloomberg1998: Web click streams2002: Health Care (digitized bed side equipment)2004: RFID (real-time casinos)2004: Elementized news feeds – Dow Jones, Reuters2009: Twitter<br />
    9. 9. Stream Processing looks at what’s happening now so that you can respond (before the opportunity, or threat, has gone)<br />
    10. 10. Real Time Data Processing at Work<br />CEP: Recognized as 1 of 26 Most Innovative Technologies in the World in 2010<br />Invented ~ 2000 at MIT, Cambridge University, Stanford<br />Can Process millions of events a second and make sub-millisecond decisions<br />Commercial Applications in Finance, Intelligence, and Web<br />Dominant use of CEP in financial services<br />Federal government: defense and intelligence agencies<br />General CEP applications – telecom, monitoring, fraud detection <br />
    11. 11. Automated, intelligent trading and regulation on Wall Street<br />Sentiment analysis<br />Circuit breakers<br />Exchange communication<br />
    12. 12. The U.S. National Security Agency uses CEP to monitor our homeland security and proactively act on threats<br />
    13. 13. Static Data Processing: “When was the price of MSFT below its trailing 5 minute moving average yesterday?”<br />time<br />Real Time Data Processing: “What equities are below their trailing 5 minute VWAP right now and what should I trade right now.”<br />Stream ProcessingTurning Data Processing on its Head<br />
    14. 14. Stream processing powers innovation through simplicity<br />trade<br />“We developed in 4 months what would have taken 4 years.”<br />- StreamBase customer Kairos<br />f(x)<br />“We modify the behavior of our trading system every day.”<br /> - StreamBase customer PhaseCapital<br />
    15. 15. CEP – Visual Programming<br />
    16. 16. What new real-time analytics might be possible?<br />What macro-market sentiment analysis could you find useful in real-time?<br />What defensive measures could be made better with Twitter-based circuit breakers?<br />
    17. 17. @twtrcon#twtrcontwtrcon.comsocialmediaatwork.com<br />
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