Hi @Anonymous,
Events represent actions that have taken place in Dataverse. For example, create, update, delete, of an Account record. Other security events could include grant access, revoke access of a record. You can also define your own custom events by creating a custom API.
The Event Framework allows you to respond to these events using code (Plugins).
You can use Business Events to expose (catalog) specific events that are then available to trigger a Power Automate flow so you can perform whatever actions you need.
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