The ninth and final prediction for event processing is that the processing of moving information will yield a great independent software company.
While it's nice that Time Magazine declared event processing is a technology that will "change your life," and the World Economic Forum at Davos named event processing as one of the 26 top innovations in the world, the previous 8 predictions explain why event processing will prove fertile ground for a great software sector:
- The business case - to enable the rapid construction of real-time applications - has already impacted two of our most critical markets: the capital markets and the intelligence agencies
- The solution requires a fundamentally new computing physics where traditional static computing technologies don't fit
- The technology is proven, with major companies already using CEP enterprise-wide
- The revolutionary simplicity of event processing is, as Clayton Christensen suggests, "always disruptive," and therefore facilitates disruptive innovation
- This innovation has become even more critical in an era where competitive advantage is becoming more quantitative
- The market for data management is huge and the big software stack vendors continue to miss the mark with their technology offerings
- The possibility of an entirely new software stack is upon us - open source is a big part of it, and innovation in the field should continue for the next 10 years
Put all of the conditions together, and it's ripe territory for the emergence of a new software powerhouse that disrupts the old guard.
