The invention relates to a method and system that provide a high performance and extremely scalable triple store within the Resource Description Framework (or alternative data models), with optimized query execution. An embodiment of the invention provides a data storage and analysis system to support scalable monitoring and analysis of business processes along multiple configurable perspectives and levels of granularity. This embodiment analyses data from processes that have been already executed and from ongoing processes, as a continuous flow of information. This embodiment provides defining and monitoring processes based on no initial domain knowledge about the process and such that the process will be built only from the incoming flow of information. Another embodiment of the invention provides a grid infrastructure that allows storage of data across many grid nodes and distribution of the workload, avoiding the bottleneck represented by constantly querying a database.