Forrester Gives a Welcoming Wave to Complex Event Processing

by Lauren McKay CRM.com

Citing heavy demand, the research firm unveiled its first-ever evaluation of nine vendors in the rapidly maturing space.

The complex event processing (CEP) space is on the rise — so much so that Forrester Research just conducted its first-ever Wave on the industry. “This market is going to grow very quickly and there’s increasing interest in these platforms,” says Mike Gualtieri, senior analyst at Forrester and the author of “The Forrester Wave: Complex Event Processing (CEP) Platforms Q3 2009.” …..

If business people want to truly optimize their resources, Gualtieri stresses they must examine patterns in real time. He says that CEP transcends the application level. In fact, he advocates event processing as an architecture. “Event processing is huge,” he insists. “It’s going to give businesses a new way of … analyzing and will give [the business side] a better way of communicating with IT and services.”  Article