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Complex Event Processing Goes Mainstream With TIBCO BusinessEvents 3.0

CEP Market Leader TIBCO Builds 40 Percent Market Share While Experiencing 52 Percent Year-over-Year Growth

PALO ALTO, Calif., Sept 24, 2008 /PRNewswire-FirstCall via COMTEX News Network/ -- A key benefit of
Complex Event Processing (CEP) is the ability of companies to rapidly respond
to potential problems or take advantage of emerging opportunities. TIBCO
BusinessEvents(TM) detects business behaviors, provides contextual insight to
help companies mitigate risk and generate additional profits. Companies can
set TIBCO BusinessEvents to act automatically on opportunities to increase
customer satisfaction, build loyalty, sell more products and increase
efficiency. Unlike many traditional CEP solutions that focus on a limited
scope of problems and uses, TIBCO BusinessEvents continues to benefit multiple
industry segments and applications.

Southwest Airlines, which carries more than 96 million passengers
annually, operating more than 3,400 flights a day with more than 34,000
employees, is one example.

"With TIBCO BusinessEvents, we're able to anticipate potential service
disruptions involving flight operations that can affect our customer
experience," said Jan Marshall, Southwest Airlines' vice president of
technology and chief information officer. "BusinessEvents helps us maintain
our on-time industry leadership and continues to improve operational
efficiencies in today's tough business environment."

With the launch of TIBCO BusinessEvents 3.0, TIBCO marks another year as
the undisputed leader in CEP software with over 40 percent market
share -- which is more than twice the closest competitor and 52 percent
year-over-year growth according to a the most recent IDC Study(1).

"Vendors that are serious about providing platforms for event-driven
systems must have best-of-breed capabilities for predictability, the ability
to manage high levels of complexity at ultra fast speeds and interoperability
with all styles of CEP," according to Maureen Fleming, director of IDC's BPM
and middleware research program. "Perhaps more importantly, CEP platforms must
also support the experts skilled at identifying risk and opportunity patterns
without forcing these experts to learn how to program."

TIBCO BusinessEvents 3.0 Aedds Revolutionary New Features:

-- Decision Manager: New business user Interface provides simpler access
for business users to write rules in their domains of expertise.

-- Events Stream Processing: BusinessEvents query language allows you to
continuously query event streams in real-time and take immediate action.

-- Distributed BusinessEvents: Distributed cache and rules engine that
provides practically unlimited scalability letting you monitor twice the
magnitude of events previously possible.

"TIBCO BusinessEvents allows companies to harness the business behaviors
of their smartest employees and automatically scale their best practices
across the entire organization. This provides unique insights that enable
businesses to see opportunities and act on them immediately," said Ram Menon,
executive vice president, worldwide marketing at TIBCO. "Think of it as
instant expertise -- it enables your top performing two percent of employees
to be digitally distributed across the entire organization."

TIBCO BusinessEvents Enterprise Suite is available immediately. To learn
more about TIBCO's CEP, SOA and BPM solutions, visit TIBCO Software Inc.
(Nasdaq: TIBX) at:
http://www.tibco.com/software/complex_event_processing/businessevents/

(1) IDC, Worldwide Event-Driven Middleware 2008-2012 Forecast and 2007
Vendor Shares, Doc # 213956, September 2008

About TIBCO

TIBCO's technology digitized Wall Street in the '80s with event-driven
"Information Bus" software, which helped make real-time business a strategic
differentiator in the '90s. Today, TIBCO's infrastructure software gives
customers the ability to constantly innovate by connecting applications and
data in a service-oriented architecture, streamlining activities through
business process management, and giving people the information and
intelligence tools they need to make faster and smarter decisions, what we
call The Power of Now. TIBCO serves more than 3,000 customers around the world
with offices in more than 20 countries and an ecosystem of over 200 partners.
Learn more at http://www.tibco.com.

TIBCO, The Power of Now, TIBCO BusinessEvents, BusinessEvents and TIBCO
Software are trademarks or registered trademarks of TIBCO Software Inc. in the
United States and/or other countries. All other product and company names and
marks mentioned in this document are the property of their respective owners
and are mentioned for identification purposes only.

SOURCE TIBCO


http://www.tibco.com

Copyright (C) 2008 PR Newswire. All rights reserved


 



 
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