Matt Quinn, TIBCO CTO, gave a technology update at TUCON today. There were a few interesting points about Matt’s presentation (from a CEP perspective):
1. Matt started with the need for Event Processing – the “2 second advantage” being about (a) getting the necessary events and (b) recognising the useful patterns to make decisions against in a timely manner. This is the core TIBCO focus.
2. The 2nd main point was on the need for businesses to adopt the “Event Driven Platform”. Part of this is what we also sometimes call the “Event Server”, or “CEP Platform”, or TIBCO BusinessEvents.
3. Matt touched on the improvements to the technology stack with BE5.0 (mostly around the BusinessEvents DataGrid capabilities). He then touched on the directions for BusinessEvents – more business models, more statistics / analytics support, business web support, and (more) ActiveMatrix deployment options. But note: no specific announcements at TUCON on these.
4. TIBCO has also grown lots in the vertical markets (and solutions) space. Most of these are CEP-relevant – for example TIBCO Loyalty Lab covering best-of-breed customer marketing that fits nicely at some customers with CEP-based advanced Customer Relationship Management.
5. “Big Data” is the “buzzword du jour” (or at least year or 2): Matt emphasized that all the data in the world is not much use to you in 6 months when you need to make a decision today. TIBCO’s responses included TIBCO FTL 2.0 (even more optimised) for getting more events, faster, and TIBCO ActiveSpaces 2.0 for bridging the big low-latency data world with the analytics and event processing worlds. And also TIBCO Spotfire 4.0 with lower latency gadgets for those wanting to use Spotfire for faster data viewing.
So a good session from Matt: also check out BPM analyst Sandy Kemsley’s views of the same content from the analyst briefings.