"So an event mesh is a data movement fabric, okay, yep, so the network, but it's the layer between the network and the applications. So if we explain it a little bit further, event broker is this technology that allows you to move data in a one to many manner, in a publish to subscribe manner. So for example, if an order is created, and we say that order event is published to the event broker, that order may have to go to the order management system. It may also go to the digital receipt system. It may also go to the loyalty system. So the same order has to go to multiple systems. And this pattern is called publish, subscribe, which is done by an event broker." - Sumeet Puri

In this episode of the Asia Tech Podcast, Sumeet Puri, Chief Technology Solutions Officer at Solace, shared deep insights on the transformative power of real-time data and event-driven architecture. He explained how advancements in network and computing capabilities have enabled industries to transition from traditional data handling to real-time data processing.

Some of the topics that Sumeet covered in detail:

• The evolution from traditional data handling to real-time data processing.
• Real-time data is no longer a luxury reserved for high-frequency trading desks. It has permeated various industries, enhancing customer experience and operational efficiency.
• The importance of event-driven architecture in facilitating real-time data movement. This architecture operates on the principle of event meshes, which are networks of event brokers that handle data in a publish-subscribe model.
• Real-time data processing democratizes access to information and services. Puri highlights initiatives like Singapore's SGQR and India's UPI as examples where real-time data movement has enabled even the smallest merchants to participate in the digital economy.
• The concept of 'Event Storming' workshops is an innovative approach to identifying and leveraging real-time data opportunities. By breaking down business processes into individual events, companies can uncover previously hidden efficiencies and opportunities.