EP and predictive analytics
April 30, 2008
I really like this post by, I think, Paul Haley, discussing a talk on predictive analytics. One good quote from the post that applies to EP (CEP) as to any field that might involve predictive analytics: “Being able to override the predictive analytic model with rules is a critical improvement…” Also his final conclusion is “Predictive analytics may help make good decisions but adapting makes decisions better.”
As Opher frequently mentions, EP, as with any field involving data analysis, is not monolithic. To be sure, there are needs for specialized inference engines. But as Haley’s article highlights, there is also a need for technology to tie those engines together, and to make decisions about which model applies and which kind of inference to use.
My guess about the future of EP would be a core of products that allow for a wide variety of real-time data processing and logic, but do not get into specialized decision making techniques. Rather, they will allow the user to code their specialized logic if desired. And these engines will, in turn, tie into a variety of more specialized decision and analytics products.
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