Ufuk Celebi presented on the architecture and execution of Apache Flink's streaming data flow engine. Flink allows for both stream and batch processing using a common runtime. It translates APIs into a directed acyclic graph (DAG) called a JobGraph. The JobGraph is distributed across TaskManagers which execute parallel tasks. Communication between components like the JobManager and TaskManagers uses an actor system to coordinate scheduling, checkpointing, and monitoring of distributed streaming data flows.