Are You Ready to Bet on Real-Time Data?

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Whether it’s stock trading, gaming, or betting, real-time data plays an important role. Delayed, incomplete, or inaccurate information can cause significant losses to any organization—especially in time-sensitive scenarios when customer satisfaction is directly proportional to data availability. Horseracing is as real time as it gets, with people placing bets up to just seconds before races. PMU, a pivotal player in horseracing, handles large transactions at high speed. Additionally, they provide hyper-real-time information from the track throughout the extensive network they manage. PMU was a customer speaker at Transform—one of TIBCO’s annual user conferences—in Europe this year, and are a great example of the type of amazing customer use cases you can hear at TUCON 2013.

“The horse I bet on was so slow, the jockey kept a diary of the trip.” – Henny Youngman

Organizations need to be confident about data availability in real time; but, more importantly, they need to ensure users interact across all systems with the same experience. Whether on a betting kiosk, mobile phone, or web client, or simply calling in a bet, each customer’s data needs to be tracked and correlated. Volume, variety, and velocity of data only add to the complexity. PMU was able to completely transform their business from just horseracing to online poker and sports betting through deployment of an ESB. With the ESB managing connections across their systems, they were able to connect these new sports and online poker systems to their traditional horseracing infrastructure.

 “The golden rule is that there are no golden rules.” – George Bernard Shaw

In online betting there is one golden rule: Organizations cannot afford to have system downtime! PMU orchestrates back-end systems, acquires betting information from numerous channels, and facilitates process peak transactions to the tune of 2,500 per second (or 4 million bets a day). They ensure a million Euros aren’t lost due to 10 minutes of system downtime—and that’s thanks to TIBCO. Watch the video below to hear their story directly from CIO and COO Christophe Leray.

Want to learn more? Explore our Integration Maturity Model.