Share this article Share this article SAN MATEO, Calif., March 17, 2021 /PRNewswire/ -- Hazelcast, the fast cloud application platform, today announced that it successfully achieved a stream processing performance milestone of one billion events per second with 26-millisecond latency on 720 virtual CPUs (vCPUs) in a public cloud deployment. The Hazelcast In-Memory Computing Platform provides high speed, cloud-native, distributed stateful stream processing capabilities integrated with in-memory storage to power software applications with the highest throughput and lowest latency requirements. In addition to its performance, Hazelcast is architected to run with maximum efficiency to minimize the hardware footprint, delivering best-in-class total cost of ownership.