Marco Gerazounis, Senior Vice President, Software AG Middle East
Software AG has introduced webMethods Business Events, a product targeted for the expanding market of complex event processing (CEP), during its recent participation at CeBIT 2011 in Hanover, Germany. By correlating event data and identifying useful patterns across a multitude of sources, webMethods Business Events enables organizations to quickly adapt processes to changing conditions and react faster to the needs of customers, partners and other stakeholders.
“Now more than ever, businesses and governmental agencies need to understand everything that’s happening around them – in real-time,” said Dr. Wolfram Jost, Chief Technology Officer and member of the Executive Board, Software AG. “They cannot afford to misinterpret new patterns or react late to unfolding opportunities. Pausing to analyze new information or to decide the next course of action is rarely an option.”
Marco Gerazounis, Senior Vice President, Software AG Middle East, said: "The growth pace in the Middle East has made it crucial for business enterprises to immediately respond to changes in market dynamics and customer demands. The introduction of webMethods Business Events empowers our customers to make strategic business decisions, putting them in the best possible position to boost their business prospects as opportunities develop."
According to Gartner, Inc.: “…organizations pursuing aggressive information management, combined with pattern detection analysis, are all outperforming their peers, based on various performance metrics, by more than 25%.”
To identify event patterns and deliver a holistic view, webMethods Business Events performs continuous queries on the event streams, which are then evaluated on-the-fly. This innovative approach ensures predictable, traceable, repeatable and correct results every time. At the core of webMethods Business Events is a proven and scalable CEP engine, optimized for high-throughput and low-latency event processing.
“Though we’re launching webMethods Business Events today, the product is foundationally based on years of research and proven technology,” added Dr. Jost. “In early 2010, Software AG acquired RTM Realtime Monitoring GmbH for its differentiating event processing engine. And, during the past few months, we commercialized and integrated it with the event-driven architecture (EDA) of our webMethods suite.”
By being tightly integrated with Software AG’s product portfolio, webMethods Business Events can further event-enable organizations with real-time visualization of business events via the integrated, interactive dashboard capabilities of ARIS MashZone. If the analysis of both historical and current events is required, webMethods Business Events can easily integrate with data warehouses or databases to provide unprecedented insights, without a semantic break between live and historical analysis. Finally, the integrity of events and event type definitions can be managed and governed with Software AG’s CentraSite product.