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Gigabit December 2018

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CLICK TO WATCH: THE POWER OF ARTIFICIAL INTELLIGENCE<br />

09<br />

Event-Driven Technology<br />

The ability to recognize, respond to, and capitalize on business<br />

events is, according to Gartner, increasingly central to the success of<br />

digital businesses. Business events “reflect the discovery of notable<br />

states or state changes, such as completion of a purchase order”. By<br />

using new Artificial Intelligence and Internet of Things technology,<br />

digital businesses can analyse these events in shorter amounts of<br />

time, allowing Event-Driven technology to take advantage of the data.<br />

Event-Driven technology, according to BBVA, takes the form of “automatic<br />

decision making processes within a business, triggered by<br />

a series of pre-established events … given a situation ‘x’ in a specific<br />

context, systems must be capable of activating ‘y’.”<br />

67<br />

www.gigabitmagazine.com

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