TIBCO BusinessEvents

Companies have more data about their operations, customers and competitors than ever before. They need to slice and dice it in order to manage operational performance and address exceptional situations as conditions change. This data is in diverse formats and lives across the enterprise and extended value chain, though, so they are often reacting to inaccurate, incomplete or conflicting information.

These companies must find ways to turn this disconnected real-time data into comprehensible and contextual view of their business, which means that they need to understand the impact of events as they occur, and focus on responding to those with the most potential impact on their business.

Complex event processing (CEP) software enables companies to do so by collecting events from throughout the enterprise, correlating them to identify meaningful patterns, and assessing the probable impact of those situations so they can be addressed.

TIBCO BusinessEvents™ helps companies identify and quantify the impact of events, and notify people and systems about meaningful events so processes can be adapted on-the-fly and people can take action to capitalize on opportunities and remediate threats. TIBCO BusinessEvents uses a unique model-driven approach to collect, filter and correlate events and deliver real-time operational insight.

Benefits

• Improves understanding of existing operations:
  TIBCO BusinessEvents ensures that the effect of seemingly unrelated events is identified and delivered to appropriate decision makers.
• Increases ability to prioritize situations and responses:
  By correlating events and putting them in context of other events, processes and objectives, TIBCO BusinessEvents can help companies understand the impact of discrete events.
• Accelerates the identification of threats and opportunities:
  TIBCO BusinessEvents maps enterprise events to processes and KPIs so companies can view information that relates to a problem in time for the information to be useful.