How BI could energize complex events processing

Date: April 22, 2010
Pages: 22
Price:
US$ 1,495.00
Publisher: Ovum
Report type: Strategic Report
Delivery: E-mail Delivery (PDF)
ID: HF9D998A930EN
Leaflet:

Download PDF Leaflet

How BI could energize complex events processing
Volatility in world financial markets is one of the trends that has helped raise awareness of the need to sense and respond to events. In spite of growing awareness, adoption of complex event processing (CEP) – the extreme end of event processing – remains at an early stage. CEP has produced dramatic successes in a few chosen vertical markets ranging from financial services to telecommunications and national security.

CEP will never be a single, unitary market – use cases across verticals share little in common except the need to sense and respond to events, and there are multiple technologies that can be used for implementing CEP. However, there is one common thread – organizations that have implemented a middle tier that performs some form of integration of data and/or processes have already taken step one, and are best poised for realizing the benefit of responding to complex events. Of those middle tier technologies, the least understood is the relationship between CEP and business intelligence (BI). Although many consider both to operate at cross purposes, in actuality CEP and BI are complementary. Given that BI has entered the enterprise application mainstream, it could provide a critical springboard for new adoption of CEP.
SUMMARY

Impact
Ovum view
Key messages

THE CEP MARKET IS STILL IMMATURE

CEP helps people and organizations connect the dots
For now a successful niche market
CEP has an identity crisis
Myths, hurdles and opportunities
Loosely defined product
Perceived complexity
High-cost image

MARKET DEVELOPMENT SCENARIO

CEP could follow BI’s lead
Operational BI could catapult CEP adoption

MANY PARALLELS BETWEEN CEP AND BI AND A FEW CONTRASTS

The analytic connection
Data view
Technology and market evolution paths diverge
Use cases are not that different
Some important operational differences
Data storage
Data quality

MARKET SAMPLING

IBM
Progress Apama
Tibco
Streambase
Informatica
SQLstream
BI vendors

RECOMMENDATIONS

Recommendations for enterprises
Recommendations for suppliers

APPENDIX

Further reading
Methodology

LIST OF FIGURES

Figure 1: Event processing spectrum of use cases
Figure 2: Initial steps for integrating CEP and BI
Figure 3: How CEP and BI could converge
Figure 4: Comparison of traditional CEP and BI use cases
Skip to top


2011 Trends to Watch: Financial Markets Technology US$ 1,895.00 Oct, 2010 · 20 pages
Starview - Smart Enterprise Platform US$ 995.00 Jan, 2011 · 13 pages
Informatica Company Assessment US$ 1,495.00 Sep, 2010 · 27 pages

Ask Your Question

How BI could energize complex events processing
Company name*:
Contact person*:
Phone/fax*:
Email*:
Request invoice
Your enquiry:
Please click on a Check Box below to confirm you are not a robot: