Business Analytics versus CEP

Reading Time: < 1 minute

Following on from that IDC report, and from looking at the agenda for the forthcoming Predictive Analytics World event, I’m wondering how “event based analytics” fits alongside the really-clever-PhD-stuff. For example, the Citi banking CEP use case mentioned previously gets its value by trying to model what customers are doing based on analysis of events – customer situation awareness, if you like. One suspects this information should be an important and accuracy-enhancing  input to the analytic models the S+/SAS/SPSS etc guys are doing for (what seems mostly to be) customer management.

In other words: “know thy customer through all possible means”, with customer monitoring and modeling helping drive predictive analytics…

Previous articleBusiness Analytics and CEP
Next articleTIBCO, CEP and DataSynapse
Paul Vincent is the former CTO for Business Rules and Complex Events Processing at TIBCO. He has been applying rule engine technologies for over 20 years in financial services, government, defense, and manufacturing. He is a contributor to the OMG and W3C standards on rule and decision modeling and interchange, and to the Event Processing Technical Society.