The Event-Enabled Enterprise
What gives innovators their winning edge? What marks the difference between those who are good at something and those who are great?
Simply put: leaders can see possible futures before others. Pairing observations in the present with memories from the past, they can anticipate and act on what’s likely to happen next – just a little ahead of and more accurately than everyone else.
This combinatorial skill – to unlock meaningful value from series of historical data and activity in motion – is the power of an event-enabled enterprise. Rather than analyzing massive amounts of information in a one-time effort, it processes data in real time as things change – continuously deciphering the meaning of what’s happening in the moment based on what’s known from the past.
How It Works: Understand. Anticipate. Act.
Registering activity across the enterprise, it can sense when opportunities and risks are coming and systematically ensure the right person (or system) has the right information before outcomes crystallize – what TIBCO calls the two-second advantage®.
Whether it's two minutes or two hours, it's an opportunity to take action before outcomes crystallize, redirect the course of activity, and optimize results.
The Building Blocks
- Automation: Ensure real-time information is available and can be accessed, consumed, and acted on by any application, person, or process across geographical boundaries, channels, and touch points
- Event Processing: Understand the cause of opportunities and risks so you can track and act on when they happen next
- Analytics: Find actionable insights at the speed of thought by enabling users to spot patterns, examine outliers, and share trends in data
- Cloud: Meet fluctuating demands with an efficiency that optimizes your IT cost structure.
- Social: Allow employees, customers, and partners to collaborate with each other and interact with information located in any system
MGM Resorts International: using big data to optimize a customer’s resort experience.
Sisters of Mercy: with a unified, real-time EHR, doctors are diagnosing symptoms faster and treating patients with greater precision.
FedEx: how TIBCO's real-time backbone lets millions of people track packages online.
Con-way: staying on time – no matter the conditions – by analyzing millions of business events in real time.
Union Pacific: fine-grained visibility and automatic rescheduling keeps 8,000 trains running on time.