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The idea of a networked, event-driven data management system is not new. When we developed the first prototype in 1998, I was fortunate enough to be working for a great company that rewarded creativity and motivated it's employees to design and sell their ideas.  That was the kind of company I wanted to start some day.

Although that solution was tied into relational databases we succeeded in establishing a new technology niche by introducing the Event Broker, a server that allowed users to capture, monitor and route critical Business Events across the enterprise. Events could be brokered between applications, messaging systems and databases. The product received some attention from industry analysts, customers and competitors, in time evolving into a broader technology area called Real-Time Data Services.

This technology was initially developed for the financial services industry, where in-flight data was often more critical than the standard system-of-record information.  Over time it turned out that in-flight data was becoming important in other sectors of the industry, eventually out-pacing conventional databases in it's relevance. Today, nearly all mission critical systems utilize some form of data caching and/or messaging to provide real-time analytics and governance of in-flight data.  In fact some regulatory and compliance bodies are starting to mandate this type of capability within the industry in order to guarantee accurate reporting and fiscal transparency.

By contrast, the trend in the software industry is to isolate and compartmentalize functionality. As data management systems and messaging technologies continue to evolve independently, developing a unified solution often requires additional software.  So while system architects, developers and CTOs are looking for ways to unify event-driven computing and structured data management, vendors continue to treat these disciplines as separate, occasionally complementary technologies. The result is an exponential increase in cost and complexity of solutions that provide real-time data distribution and in-flight analytics.  The need for an integrated, cost-effective approach served as inspiration to the StreamScape team.

It has been said that innovation does not happen as a great leap, but often occurs in a more subtle fashion through a series of small steps.  No less a man then Sir Isaac Newton once remarked that "If I have seen further, it is by standing on the shoulders of giants." The observation holds especially true today as businesses increasingly look for innovative solutions to improve their productivity. 

Innovative technology often combines disparate, previously existing disciplines into a new product or component. Our goal at StreamScape Technologies is to take that next step by providing a product that offers a blend of commodity functions and unique new capabilities.  The Service Application Engine™ combines event processing facilities with the power of a web application server and a database into a powerful platform for collaborative computing.  Building on Event Broker concepts to include presence, notifications and event filtering we add the ability to store and analyze in-flight data as it flows through the application fabric.  Our technology is in production at some of the industry's leading investment firms, helping them integrate with strategic partners and revitalizing their back office operations.

 

Dmitry Lelchuk

Founder and CTO

StreamScape Technologies

 

 
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