Well, we’re all now back at the ranch so to speak, having recently wrapped up our latest adventure at the First (annual) Gartner Event Processing Summit recently held in Orlando, Florida. TIBCO was in attendance as a Platinum sponsor. It was a big deal for us – in some ways, this event was a coming of age party for the CEP market, the industry, and the TIBCO BusinessEvents CEP software product.
It was also a big deal for Gartner as they were taking a chance that the infrastructure is ready for a prime time CEP trade show. And it seems to be well on its way now. Some observations that I gathered from attending the show were:
- –CEP as a mass market is still early, but now gathering steam. Indeed, from the speakers, trade articles, bloggers and case studies, the subject matter is ‘hot’
- –There were many case studies in Financial Services for CEP.
- –There is confusion about the differences between Event Stream Processing and Complex Event Processing. ESP seems to be good at picking out event patterns very fast. But that’s about it.
- –CEP associated vendors are launching very rapidly. Associated vendors outside the space i/e Business Intelligence, Data Warehouses, are also interested in the potential of this technology and were also there kicking tires.
- – The latter half of the CEP problem seems to be missing from most other vendors. Once the event pattern is discovered you still need to do something about it i/e resolve the problem or take advatantage of the discovered opportunity. And this is where the Rules based CEP systems and BPM products come into play, including TIBCO’s.
Overall, I thought that it was an auspicious beginning… and it will continue. Gartner announced there will be a second CEP show next August in New York City at the Gartner Financial Services show.
Better book early.
