A Week of Press Releases on CEP

“Events and other things”,   Philip Howard , Bloor Research

The advent of IBM’s System S (which I shall discuss in more detail in a subsequent article) raises interesting questions about the nature of event and stream-based processing. The reason for this is that the early adopters of System S are doing some interesting things with the product. For example, IBM has initial users processing sonar data, doing real-time facial recognition against video and CCTV footage, processing the high frequency radio spectrum and so on. 

Now, traditionally in the CEP (complex event processing) market we have thought about both discrete events and streams of data. But these can effectively be treated in the same way since you can regard a stream of data as a series of events with only a very short time lag between each event. … Article

“RTI Data Distribution Service Adopted for Sports Betting Platform”

SUNNYVALE, Calif.–(BUSINESS WIRE)–Xuenn Limited, a premier online gaming software solutions provider, today announced that the company has deployed Real-Time Innovations’ (RTI) high-performance messaging and data-caching middleware in its sports betting platform, AgileBet. Serving some of the largest betting companies in the industry, Xuenn has standardized on RTI Data Distribution Service to process betting transactions in conjunction with Complex Event Processing (CEP).

“We selected RTI Data Distribution Service because it offered proven low-latency, high-speed messaging with multicast capabilities; ease of deployment; excellent technical services; and a flexible licensing model. Scalability and availability were also key, since each AgileBet operating customer has at least 50,000 concurrent users at any given time.” Press Release

“Aleri and JWG-IT Examine What it Takes to do Liquidity Risk Management Right”

CHICAGO – (Business Wire) Aleri Inc., a leading provider of enterprise-class complex event processing (CEP) technology and CEP-based solutions, today announced the publication of an analysis report entitled “What If You Could Have Heard the Bubble Bursting,” authored by the neutral think-tank JWG-IT Group.  The report identifies the essential tools banks must acquire in order to comply with new liquidity risk regulations. The paper also explains the business benefits of implementing enterprise-wide risk intelligence tools.  Press Release

“Cloud Computing And More With IBM’s Dr. Angel Luis Diaz”
by Cristian Sturek, InformationWeek

What exactly is IBM (NYSE: IBM)’s BPM BlueWorks? At IBM’s IMPACT 2009, Dr. Angel Luis Diaz and I talked about BPM working in the cloud and how he sees Business Event Processing (BEP) differ from traditional Complex Event Processing (CEP).

Dr. Diaz is the Product Management for BPM and Connectivity Director in IBM’s Software Group.

CS: What can you tell our readers about BPM BlueWorks? Why would anyone be interested in doing BPM “in the cloud”?

ALD: Folks approach business process management within the context of SOA from different lenses: understanding how they run their business, trying to optimize cost by eliminating waste from their systems, and making their people more effective and more efficient. To help people be more efficient, we created BPM BlueWorks. It is a community of business leaders that will be launched in June where you can go, learn, experience, feel and touch. It will be a unique place that marries the social things in our world today – blogging, twittering, with stuff that’s real. It’s good to collaborate, exchange messages online or through mobile phones, but there needs to be a reason. We added value content to this community, process models, diagrams, business cases, industry reports, etc. In addition to the content, we have a hosted BPM platform in the cloud that people will be able to use, author, be able to persist what they’ve done, and collaborate. All the stuff build can be brought into execution and further optimization. What makes it stand out is that they can take what they have done and use that to build the business case.  ….

CS: What is Business Event Processing (BEP) and why isn’t IBM calling it Complex Event Processing (CEP)?  … Interview

TIBCO Announces NOW Virtual Online Summit
PALO ALTO, CA — 05/28/09 — TIBCO Software Inc.  today announced the launch of NOW Online, a series of global virtual events that will offer customers insight on best practices, new technologies and direct access to its most senior subject matter experts all through the convenience of a virtual venue.

TIBCO will kick off its first global NOW Online summit on June 3, 2009, which is designed to be the industry’s largest virtual gathering of TIBCO users with more than 1,500 registered attendees. This year’s theme will focus on the company’s new cloud computing offering.
Attendees for all online events will have the opportunity to listen to customer and partner keynotes and simultaneously interact with TIBCO practitioners as they visit booths, demos, and participate in live chat rooms, all from the convenience of their desktops. Press Release

IBM’s new event stream

by Madan Sheina, Tony Baer, Telecoms and Software News
IBM has announced the release of its own stream processing technology, InfoSphere Streams. Stream processing, a form of complex events processing (CEP), isn’t new. IBM’s entry is aimed at the high end of the market, encompassing a new stream processing language and engine, coupled with Red Hat Linux-based Intel clusters. InfoSphere Streams is intended to transform business intelligence (BI) from historical analysis to near-realtime predictive mode. Although currently too costly and complex for most enterprises, in the long run enterprises of all sizes will have need for predictive BI. The trick is for IBM and its rivals to package the technology into simpler, more digestible bundles that will ultimately expand the market in much the same way that online analytic processing (OLAP) was commoditized.  Report