Covelight Systems and StreamBase Partner to Deliver Fastest Real-Time CEP Platform for Processing Online and Internet Application Events.Alliance Delivers Enhanced Business Agility and Instantaneous Response Capabilities For Real-Time Events BOSTON & CARY, N.C. -- Covelight Systems and StreamBase Systems today announced a new strategic partnership to empower high-volume, low-latency processing and analysis of online data and events for applications, including Business Intelligence (BI), web analytics, performance monitoring, fraud detection and protection, and prevention of identify theft. This alliance combines Covelight's real-time, application-independent online management solutions with StreamBase's real-time and historical Complex Event Processing Complex Event Processing, or CEP, is a technology for building and managing event-driven information systems. CEP is primarily an event processing concept that deals with the task of processing multiple events from an event cloud with the goal of identifying the meaningful (CEP CEP congenital erythropoietic porphyria. CEP abbr. congenital erythropoietic porphyria ) software. Ultimately, the partnership delivers a sophisticated new class of CEP business applications for ensuring data security and enabling businesses to react in real-time to online activities. These applications can be prototyped and built in as little as a few hours to days and process data at rates greater than 500,000 messages/second. "The pervasiveness of real-time data Real-time data denotes information that is delivered immediately after collection. There is no delay in the timeliness of the information provided. Some uses of this term confuse it with the term dynamic data. has created a new class of challenges, including monitoring and protection of personal information, such as credit card numbers and social security numbers, which are transmitted through numerous online channels," said Barry Morris Barry Morris (20 April 1935–19 May 2001) was an Australian politician,[1] who in 1995 was jailed for making bomb and death threats. The incident was considered a key factor in the Labor Party being returned to power in New South Wales after seven years in , Chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of StreamBase. "Customers have asked us to integrate StreamBase's stream processing For other uses, see Event Stream Processing. Stream processing is a relatively new, yet quite successful paradigm to allow parallel processing at never-before-seen efficiency with minimal effort. platform with Covelight's ability to capture real-time online operational data, so that we may offer enhanced capabilities to instantaneously prevent or react to online activities." StreamBase's Stream Processing Engine for CEP provides industry-leading performance, multiple options for persistent storage, and standards-based programmability with StreamSQL[TM] Co three major capabilities required to power enterprise-class stream processing applications. StreamBase will use Covelight's Inflight Intelligence Engine[TM] (IIE See Apple II. ), based on Covelight's revolutionary CTF CTF Capture The Flag CTF Child Trust Fund (UK) CTF Canadian Tax Foundation CTF Canadian Taxpayers Federation (lobby group) CTF Canadian Television Fund CTF Canadian Teachers' Federation architecture, to extend its real-time event processing footprint via an integrated event stream adapter. The combined Covelight / StreamBase solution captures online operational data in real-time, transforms the data into useful events, and then feeds it instantaneously for use in a variety of business applications, including network system monitoring A System Monitor (SM) is a process within a distributed system for collecting and storing state data. There are many issues involved with designing and implementing a system monitor. and fraud detection. "Coupling StreamBase's engine with Inflight delivers a level of real-time user detail that is highly valuable to nearly every business," stated Spencer Snedecor, Covelight's CEO. "We're thrilled with the combined Covelight and StreamBase offering to deliver a real-time event platform, as it provides value to nearly any enterprise application. Businesses can now take action based on events instantaneously, driving a new level of business agility." Availability The integrated StreamBase / Covelight solution will be available in the fourth quarter of 2006 and will provide insight into online operational data, including network-level, HTTP HTTP in full HyperText Transfer Protocol Standard application-level protocol used for exchanging files on the World Wide Web. HTTP runs on top of the TCP/IP protocol. , and business-level events. In addition, the solution will support high-level event processing and correlation. For further information, please email Covelight at info@covelight.com or StreamBase at info@streambase.com. About StreamBase StreamBase's award-winning Stream Processing Engine, fueled by the standards-based next generation query language A generalized language that allows a user to select records from a database. It uses a command language, menu-driven method or a query by example (QBE) format for expressing the matching condition. , StreamSQL[TM], offers the fastest Complex Event Processing software for processing of real-time and historical data. With StreamBase and StreamSQL, enterprises can query, process, and analyze real-time and stored data at rates of up to hundreds of thousands messages/second. StreamBase's combination of real-time performance, persistence, and programmability empowers enterprises in industries like financial services, telecom and networking, e-Business, government and military to solve new classes of business challenges in a more timely, scalable, and cost effective manner than custom-coding. StreamBase is headquartered in Lexington, Massachusetts with offices in New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of , Washington, D.C., and London. A downloadable version of StreamBase's software is available at www.streambase.com. About Covelight Systems Covelight Systems' Inflight[TM] solution provides web-channel data at wire speed to backend analytic engines for a variety of enterprise uses. Covelight's products provide real-time, identity-based monitoring of critical online applications. Only by deploying Covelight solutions can organizations protect their business from Fraud and also grow their business by taking immediate action upon online transactions. For more information, go to www.covelight.com or call at (919) 677-9680. |
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