We use cookies and other similar technologies (Cookies) to enhance your experience and to provide you with relevant content and ads. By using our website, you are agreeing to the use of Cookies. You can change your settings at any time. Cookie Policy.

Untitled Document

The topic of real-time business intelligence (BI) has had steady interest since the turn of the century. Back in 2003, The Data Warehouse Institute (TDWI) performed a study that showed 50 percent of respondents were deploying or planned to deploy "Real-Time BI" projects. Global 24/7 markets, just-in-time business processes, adaptive sales and marketing processes, and increased customer service all contribute to the need for faster decision making and actions.

To date, Complex Event Processing (CEP) software has been considered the domain of development teams building sophisticated real-time applications such as algorithmic trading or real-time risk management in financial markets. But a growing number of savvy customers have applied CEP software for next generation real-time analytic applications in traditional BI environments that drive situational awareness, faster decisions and immediate actions.

Second-generation CEP platforms have emerged with features that enable BI and data management professionals to more easily incorporate event processing into their analytic application suites. Using CEP, these professionals can incorporate Continuous Intelligence (TM) in a fast, affordable manner to speed decisions and actions that respond to market activity and opportunities, raise customer revenue and lower churn, and increase service assurance.

How do we get faster, actionable analytics?

As many of you know, not all business processes are capable of or even designed for working in "real-time." But many customer-facing, revenue-related and operational processes could fully take advantage of just-in-time, situational intelligence to drive faster actions that enhance customer relationships, maximize revenue opportunities, and ensure the risk-free delivery of products and services.

Faster, actionable analytics is easier said then done -- at least so far. When BI and development teams look at such applications, they encounter daunting challenges:

  • Gathering large volumes of constantly changing data from various customer or operational touch-points
  • Integrating this high volume data with existing customer and operational information to provide full situational context
  • Continuously analyzing all this information to identify problems and opportunities and derive the proper course of action


1  2  3  

   Next Page

Explore Our Topics

  • Virtual Conferences
  • Webinars
  • Roundtables

BPM in Action

March 10, 2011

The sixth annual BPM in Action 2011 Virtual Conference will explore cutting-edge market developments in BPM and describe how to leverage them for improved business operation and performance. More

View All Virtual Conferences

Smart Case Management: Why It's So Smart.

Date:Nov 05, 2009
Time:12:00 PM ET- (17:00 GMT)


Date:Oct 29, 2009
Time:15:00 PM ET- (19:00 GMT)

View All Roundtables
  • Research Library
  • Podcasts
  • News

Joe McKendrick: Part II of II: Designing Evolve-ability into SOA and IT Systems

In part two of Joe McKendrick's recent podcast with Miko Matsumura, chief strategist for Software AG, they talk about how SOA and IT systems need to change and grow and adapt with the organization around it.

Listen Now

Phil Wainewright: Helping Brands Engage with Social Media

Phil Wainewright interviews David Vap, VP of products at RightNow Technologies, and finds out how sharing best practices can help businesses understand how best to engage with online communities.

Listen Now

Peter Schooff: Making Every IT Dollar Result in a Desired Business Outcome: Scott Hebner of IBM Rati

Scott Hebner, Vice President of Marketing and Strategy for IBM Rational, discusses a topic on the top of every company's mind today: getting the most from IT investments.

Listen Now

Jessica Ann Mola: Where Will BI Fit In? Lyndsay Wise Explains

In BI, this tough economy and the increasing role of Web 2.0 and MDM are certainly topics on people's minds today. WiseAnalytics' Lyndsay Wise addresses each of them in this informative podcast.

Listen Now

Dennis Byron: Talking with...Deepak Singh of BPM Provider Adeptia

Deepak Singh, President and CTO of Adeptia, joins ebizQ's Dennis Byron in a podcast that gets its hand around the trend of industry-specific BPM.

Listen Now
More Podcasts
  • Most Popular
  • Quick Guide
  • Most Discussed

Quick Guide: What is BPM?

Learn More

Quick Guide: What is Event Processing?

Smart event processing can help your company run smarter and faster. This comprehensive guide helps you research the basics of complex event processing (CEP) and learn how to get started on the right foot with your CEP project using EDA, RFID, SOA, SCADA and other relevant technologies. Learn More

Quick Guide: What is Enterprise 2.0?

A lot of people are talking about Enterprise 2.0 as being the business application of Web 2.0 technology. However, there's still some debate on exactly what this technology entails, how it applies to today's business models, and which components bring true value. Some use the term Enterprise 2.0 exclusively to describe the use of social networking technologies in the enterprise, while others use it to describe a web economy platform, or the technological framework behind such a platform. Still others say that Enterprise 2.0 is all of these things. Learn More