Welcome to episode eight of The Complex Events Podcast brought to you by Voices in Business and sponsored by Oracle.

On today’s show, we feature an interview with Sumitro Sarkar of ThomsonReuters.  

Sumitro Sarkar is Global Head of Business Architecture at ThomsonReuters. He has more than 20 years of experience in management consulting, with a focus on strategy and transformation. Currently, he works at ThomsonReuters office of the CTO on market data and associated areas.

He also writes the “Is IT Worth It” blog and also blogs at the CIOZone.

In this interview, Sumitro speaks with Vicki Zesses of Voices in Business and David Fergie of Oracle about his thoughts on CEP as a disruptive technology, its applicability across industries, and the steps necessary for adoption.

Show notes for this episode:

00:13 – Introduction
00:52 – Start of interview and Sumitro’s background
01:57 – Is CEP analogous to Financial Services
02:27 – Low Latency and High Latency Businesses
02:55 – Healthcare, Insurance and Decision Support
03:34 – Gaming industry, Interactivity and Simultaneity
05:14 – Parallel Processing versus Rules-Based Engines
06:02 – A disruptive technology
06:42 – Modeling the real world
07:08 – Align businss and technology
08:00 – Adopting CEP
09:46 – Multi-Data Centric to Adaptive
12:06 – Non-intrusive applications
14:44 – Real-Time processing “On the Chip”
15:47 – Proactive risk mitigation
16:33 – Measuring systemic and market risk
16:54 – Alan Greenspan and determining magnitude of risk
18:41 – Practical usage of CEP and social networking
22:02 – End of interview and wrap-up

Click here for a full transcript of this episode

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