%0 Conference Paper %1 Schmidt2008b %A Schmidt, Kay-Uwe %A Anicic, Darko %A Stühmer, Roland %B SBPM2008: 3rd international Workshop on Semantic Business Process Management in conjunction with the 5th European Semantic Web Conference (ESWC'08) %D 2008 %I CEUR Workshop Proceedings (CEUR-WS.org, ISSN 1613-0073) %K 2008 logical myOwn CEP event CECKarlsruhe rule Rete ESP %T Event-driven Reactivity: A Survey and Requirements Analysis %U http://sbpm2008.fzi.de/paper/paper7.pdf %X Despite the huge popularity of event processing nowadays, there is a big gap between the potential usefulness of event-driven processing and the current state of the practice. One of the main reasons is the lack of a comprehensive conceptual model for the event-triggered reactivity and the corresponding framework for its management. In this paper we survey the current state of the art in event-driven architecture with special focus on event and action processing. We describe the prerequisites of a completely novel conceptual model for describing reactivity that is more close to the way people react on events: based on the ability to identify the context during which active behavior is relevant and the situations in which it is required. This approach opens a completely new view on the event processing as the way for managing a very valuable knowledge asset of every enterprise - knowledge how to react (make decisions) in event-driven situations