The complex event processing software detects, monitors, queries, and manages events occurring in enterprise apps.
Tibco launched "the biggest product portfolio refresh in the company's history" at its annual TUCON user conference in Las Vegas Tuesday, according to Rourke McNamara, director of product marketing.
The upgraded set includes Tibco's heterogeneous services coordinator, ActiveMatrix 3.0; complex event processing software, Business Events 4.0; rapid application delivery platform, Silver; business analytics and data visualization product, Spotfire 3.1; and distributed data caching and management system, Active Spaces suite.
With the announcement, Tibco chairman Vivek Ranadive claimed Tibco customers can gain steps on the competition by getting on top of software event management. Near real time event capture and the ability to react to software events gives Tibco customers what he calls "the two-second advantage."
Many companies are capturing masses of data as more of their business shifts online and becomes subject to data analytics. "If you have just a little bit of the right information beforehand -- it could be two seconds or two minutes or even two hours beforehand -- it is more valuable than all the information in the world days or weeks later," he said in the announcement.
Complex event processing software can detect, monitor, and query events occurring in software, much like a relational database system can query a transaction. Tibco BusinessEvents 4.0 has been upgraded to monitor billions of events a day in a complex software infrastructure, consulting thousands of complex rules meant to govern those events and apply the rules to conditions that it detects. Business users and programmers can write rules for BusinessEvents; it has four distinct ways of developing rules, McNamara said in an interview.
Tibco is working on a complementary product, Tibco FTL, which will be a low latency messaging system that will connect unusual business events in software to a pre-determined response in nanoseconds, said McNamara. The previous fastest response times that it had been able to engineer into its software were measured in microseconds, or millionths of a second, McNamara said. No date has been set for its launch.
Later this month, Tibco Silver will get a new rapid composite application platform and a product for managing business processes that are taking place in either a private cloud on premises or in a public cloud off premises. Tibco acquired DataSynapse Aug. 24 for $28 million and will incorporate DataSynapse technology for provisioning and managing applications across a variety of hardware environments into its Silver product line.
Tibco has added a new single design environment, Tibco Business Studio, to be used across the product set and developed a shared browser-based user interface, Tibco ActiveMatrix Administrator, giving customers a common set of symbols and conventions for managing the products.
The design environment will be included in ActiveMatrix 3.0, a new product in the Tibco lineup. Its first components will become available by the end of May, including: ActiveMatrix BPM or business process management; Business Studio; ActiveMatrix Service Grid for managing services across a cluster; and ActiveMatrix Service Bus for connecting services and passing messages among them, McNamara said.
Tibco is continuing its Tibber social media messaging product (which favors short, Twitter-like messages) and has implemented it in its user group, "giving people a chance to connect to other people in the same industry," McNamara noted.
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