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Event Prediction

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Synonyms

Prediction of event occurrence; Predictionregarding future events

Definition

Event prediction is the capability to estimate the possibility that some event may occur in the future. Some applications may even be required to advance beyond simply predicting the occurrence of events and need to influence the occurrence of some future event. For example, this may involve either decreasing the chance that a non-desirable event will occur or increasing the chance that a desirable event will occur. To determine whether or not such actions should indeed be carried out requires decision-making capabilities.

Historical Background

The first event-based systems were active databases in which automatic actions were carried out as a result of database queries. This was done using the ECA(Event-Condition-Action) paradigm. As such applications evolved, the events to which applications were required to respond evolved beyond single queries (e.g., insertion of deletions of data) and needed to...

Keywords

  • Future Event
  • Customer Relationship Management
  • High Interest Rate
  • Event Prediction
  • Active Database

These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Recommended Reading

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Correspondence to Segev Wasserkrug .

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© 2016 Springer Science+Business Media New York

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Wasserkrug, S. (2016). Event Prediction. In: Liu, L., Özsu, M. (eds) Encyclopedia of Database Systems. Springer, New York, NY. https://doi.org/10.1007/978-1-4899-7993-3_581-2

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  • DOI: https://doi.org/10.1007/978-1-4899-7993-3_581-2

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  • Publisher Name: Springer, New York, NY

  • Online ISBN: 978-1-4899-7993-3

  • eBook Packages: Springer Reference Computer SciencesReference Module Computer Science and Engineering