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Companies today have more data about their operations, customers and competitors than ever before. Making sense of all the data they have, however, is also as difficult as ever. To gain an edge, they need to slice and dice it so they can manage operational performance and exceptional situations as conditions change, not after the fact. Because this data is in diverse formats and lives throughout the enterprise and across the extended value chain, they are often reacting to inaccurate, incomplete or conflicting views of their business.
To become more effective operationally these companies must find ways to instantly turn this massive amount of constantly changing disconnected data into comprehensible, contextual and actionable information that they can leverage for competitive advantage. To do this they need the ability to understand the impact of events as they occur, and respond to those events that are most meaningful to their business.
Complex Event Processing (CEP) software enables companies to collect events from throughout the enterprise, correlate those events with one another to identify meaningful patterns that represent opportunities and threats, and assess and prioritize the probable impact of those opportunities and threats so they can be addressed.
Through CEP, TIBCO BusinessEvents™ software allows companies to identify and quantify the impact of events and notify people and systems about meaningful events—those representing opportunities or threats—so automated processes can be adapted on-the-fly and people can make decisions and take action to capitalize on opportunities and remediate threats.
TIBCO BusinessEvents uses a model-driven approach to collect, filter and correlate events with respective business processes and to deliver real-time operational inisght enabling timely, well-informed decisoins.
Benefits
- Improves understanding of existing operations:
TIBCO BusinessEvents ensures that the effect of seemingly unrelated events captured in different applications is identified and delivered to appropriate decision makers. With TIBCO BusinessEvents companies can "layer and learn," measuring operational performance without changing how users interact with applications.
- Increases ability to prioritize situations and responses:
By correlating events and putting them in context of other past and simultaneous events as well as with an awareness of process definitions and key performance indicators (KPIs), TIBCO BusinessEvents helps companies understand the quantifiable business impact of all kinds of granular events that today go unnoticed or unconsidered when making decisions.
- Accelerates the identification of threats and opportunities:
TIBCO BusinessEvents relates enterprise events to processes and KPIs so companies can view problem-relevant information, specifically those events directly related to a problem, in time for the information to be useful.
Platforms
- Operating Systems: Windows 2000, Solaris
Related Topics
Related Documents
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