Real-time Event Processing

Real-time Event Processing (RTEP): The architecture for capturing, analyzing, and acting on data in motion—events—the moment they occur, enabling sub-second decision-making.

RTEP is the engine for modern, data-driven operations: it processes continuous streams of data, not static batches. This capability is critical for use cases demanding immediate action, where latency must be measured in milliseconds. Technologies like Apache Kafka and Apache Flink form the core pipeline, ingesting high-volume data (e.g., 2,500+ records/second) and applying complex logic. Specific applications include instant credit card fraud detection, high-frequency algorithmic trading, and real-time IoT sensor monitoring for predictive maintenance, all requiring immediate system response to maintain competitive advantage.

https://www.confluent.io/learn/event-processing/