Apache Flink is a framework and distributed processing engine for stateful computations over unbounded and bounded data streams. It excels in real-time processing with a model centered on streams, using components such as Dispatcher, JobManager, ResourceManager, and TaskManager. Flink differentiates between event-time and processing-time semantics to manage complexities in data flows. It also offers robust state management and checkpointing to ensure fault tolerance. Its architecture supports scalable, high-throughput, and low-latency processing environments, making it suitable for applications involving complex event data.

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