I am intrigued by a new development in computing that seems to be getting more traction. Operational Intelligence (OI). What is it? Well, we have all heard of Business Intelligence (BI); collect & analyze your data for an epiphany into market behavior. OI seeks to do the same thing but with Events instead of Data. The key concept in OI is the concept of Complex Event Processing or CEP.

With the unemployment rate rising, the financial bailout program getting worked out and the stimulus bill still in debate with the US Senate we have to wonder where the silver lining is. However there is hope and one global industry that can benefit from this crisis is the IT (Information Technology) sector.

“There is nothing permanent except change” – Heraclitus 6th Century BC. To lead in the business environment is to embrace change. In most of organizations, senior executives to developers struggle with one common factor – the “UNKNOWNS” and primarily suffer because of the following underlying reasons:

A business process is a set of activities, tasks and events performed by systems and people to achieve a business goal. Commissioning a process involves several steps ranging from the ideation of the process through the building, and continuous improvement of the process – this is typically referred to as the life-cycle of a process. Business Process Management refers to the concept of managing a business process through its life-cycle.