Complex event processing and rapid analysis of datastreams from smart meters and other systems will generate predictive intelligence and insights, and enabling real-time responses.

9th August 2011 – London - Oninit Consulting, the Informix services company and Traak Systems, which provides predictive analytics solutions, have announced a partnership which will see them jointly develop solutions for the energy, renewable energy and utilities marketplace. Together they will work to combine the power of the Traak complex event processing (CEP) engine with that of Informix, one of the fastest and most powerful databases in the world. The solutions will leverage the native Time Series data handling capabilities of Informix and the analytical, real-time, next event predictive capabilities of the CEP engine. Companies will, for the first time, be able to receive, interpret and understand vast quantities of real-time information and transform this for immediate action in dynamic business situations. Traak and Oninit will focus initially on the energy and utilities markets and broaden the focus to other sectors including transportation, retail and manufacturing over time.

Full press release is here

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