streamparse lets you run Python code against real-time streams of data. It also integrates Python smoothly with Apache Storm. It can be viewed as a more robust alternative to Python worker-and-queue systems, as might be built atop frameworks like Celery and RQ. It offers a way to do "real-time map/reduce style computation" against live streams of data. It can also be a powerful way to scale long-running, highly parallel Python processes in production.
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