Automated reconfiguration of real time data stream processing

Automated reconfiguration of real time data stream processing may be implemented. A processing function that describes one or more operations to be performed with respect to one or more data streams may be executed at one or more processing nodes. Performance metrics describing the performance of the processing function at the processing nodes may be collected and monitored. A reconfiguration event may be detected for the processing function. A different execution configuration for the processing function may be determined and initiated in response to detecting the reconfiguration event.