Had a need for some scheduling operations. I could have done it myself using java.util.Timer but then stumbled across Quartz, an open source component.
From their website, "Quartz is a full-featured, open source job scheduling system that can be integrated with, or used along side virtually any J2EE or J2SE application - from the smallest stand-alone application to the largest e-commerce system. Quartz can be used to create simple or complex schedules for executing tens, hundreds, or even tens-of-thousands of jobs; jobs whose tasks are defined as standard Java components or EJBs. The Quartz Scheduler includes many enterprise-class features, such as JTA transactions and clustering."