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Business Event Management from TIBCO
(6/15/2004) Ascet Volume 6
By Mark Smith, Ventana Research
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Summary

May 6, 2005 - Are you significantly challenged by time delays and lack of responsiveness in your organization to improve the performance of your operational events and activities? If so, TIBCO has introduced Business Events, a solution that provides the ability to define, map, measure, monitor and relate events that impact operational activities. This product addresses latency issues and timeliness of information in BI data based architectures typically stressed beyond their technology limits. Ventana Research asserts that organizations needing to address performance improvement challenges in operational events and activities examine how innovative technology can enable pro-active performance improvement.


For example, there must be a more direct method to improve the value and effectiveness of the business events. Merely listening to business events is not enough. TIBCO has released a new technology called BusinessEvents that can help detect threats and opportunities in a real-time manner. This new product brings a sophisticated event-processing engine that can leverage rules and monitoring technology, and correlate potential issues through event aggregation and analytics to determine notification and resolution action.


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