One of the distinct solution areas for business rules and event processing is in “policy management” for businesses: TIBCO’s Kabira product covers this providing PCRF (Policy Charging Rules Function). This TIBCO Policy Orchestration solution, built on top of the popular TIBCO BusinessEvents CEP platform to provide the necessary extreme performance and reliability requirements, addresses a market that was recently reported as worth more than $400M pa. Other highlights from the latter report (by Infonetics Research) include:
- Policy management revenue grew 48% in 2010… with the majority of spending occurring in the wireless market
- Operators in emerging markets … are some of the more innovative users of policy control capabilities, using policy management to enable value-added services and create innovative loyalty programs
- Skyrocketing machine-to-machine connections will drive growth … operators deploy solutions that identify and track M2M traffic and apply policy rules based on transaction type, time of day, network congestion, etc.
- Regulatory factors impact the policy management market …[and] require wireless operators to implement real-time subscriber spend notifications and a cut-off mechanism once the subscriber’s bill reaches a certain limit…