TIBCO has a virtual booth at the MWD Advisors Process Intelligence virtual event, covering TIBCO ActiveMatrix BPM Spotfire (which might also win the award for the longest product name) – which does visual and predictive analytics on your process information – and TIBCO BusinessEvents (i.e. CEP) – which does real-time event analytics, monitoring, and dynamic process control…
The MWDA webinar (in 2 parts) is quite interesting and worth a look: their model of Process Intelligence is layered in 3 parts:
- strategy level: goals, motivations, metrics
- process level: BPMN, CEP patterns, analytic models
- reaction level: decision rules and analytics
From a TIBCO perspective, ActiveMatrix BPM and ActiveMatrix BPM Spotfire cover the metrics, process models and analytics side, with BusinessEvents covering the real-time metrics, dynamic processes, CEP, event-based analytics and decisions. One interesting possibility is to use the BusinessEvents’ state models for strategic goal planning too.
Meanwhile, the Gartner guys are also pushing the “Business Process Improvement” button, releasing a report threatening doom and gloom for organisations who do not control their processes. They talk about:
- undetected but detectable process errors: this being the case for process monitoring and analytics, presumably. Either that or good old business analysis!
- “context awareness” to rejuvenate commodity processes: context being of course state, or what events tell you!
Note that the MWD event sponsors other than TIBCO (a CEP company) are Progress (also mentioning CEP capabilities) and SoftwareAG (again, also mentioning CEP capabilities). So it could be an interesting year for BPM-CEP convergence?
