The Event Model (TEM) provides a new way to model, develop, validate, maintain, and implement event-driven applications. In TEM, the event derivation logic is expressed through a high-level declarative language through a collection of normalized tables (Excel spreadsheet like fashion). These tables can be validated and transformed into code generation. TEM is based on a set of well-defined principles and building blocks, and does not require substantial programming skills, therefore target to non-technical people.
This idea has already been successfully proven in the domain of business rules by The Decision Model (TDM)  . TDM groups the rules into natural logical groups to create a structure that makes the model relatively simple to understand, communicate, and manage.
The Event Model follows the Model Driven Engineering approach and can be classified as a CIM (Computation Independent Model), providing independence in the physical data representation, and omitting details which are obvious to the designer. This model can be directly translated into an execution model (PSM – Platform Specific Model in the Model Driven Architecture terminology) through an intermediate generic representation (PIM – Platform Independent Model). In the course of the first two years in FERARI, we have developed the CIM model for functional and non-functional requirements of event driven applications. In the third year we plan to articulate the translation of TEM (the CIM) into an event processing network (PIM). The event processing network can then be converted into a JSON file and eventually to a running application (PSM).
During the first two years in the FERARI project we extended the basic model we had and completed all the functional aspects as well as the non-functional requirements. The work until now has been theoretical and reported through FERARI WP4 deliverables. The model parts for the functional requirements are described in the paper: A Model Driven Approach for Event Processing Applications accepted for DEBS16.
 Available at: http://www.ferari-project.eu/key-deliverables/