Business Event Processing

Superior Business Event Processing Improves Operational Responsiveness

Business event processing can be a powerful tool in achieving operational responsiveness, giving you the ability to respond to business events such as customer interactions and changing conditions as they occur. Because the flow of information about business events into your organization is constantly increasing in speed and volume, achieving operational responsiveness requires business event processing technology to monitor these fast moving data streams and analyze the information for insight and action. Business event processing offers the tools for monitoring events in real time to identify meaningful patterns and relationships within the data. Business event processing technology can help uncover new opportunities, critical threats, changing conditions, or other developments that may impact your business and enable you to perform deeper operational assessment for increased responsiveness.

Progress® Apama® is a superior business event processing platform that is used in some of the world’s leading financial institutions.

Progress Software—Market-leading Solutions for Business Event Processing

Progress Software produces market-leading application infrastructure solutions to help achieve greater business responsiveness. The Progress Apama Event Processing Platform is one of the industry’s leading solutions for creating high performance business event processing applications. Designed with a richly featured dashboard design and execution environment, Apama provides the operational analysis tools to monitor, analyze, and act on fast-moving events in real time. Apama acts on complex inbound event data before it is written to a database and delivers sophisticated logical, spatial, and temporal operations to respond to incoming events within milliseconds.

The Business Benefits of Processing Complex Event Data with Apama

With superior capabilities and a feature-rich interface, Apama lets your users define the business conditions that signal opportunities or threats, increasing the effectiveness of their business operational planning. 

Because Apama is a business event processing platform for building event-driven solutions, it delivers vital solutions for real-time responses to event-driven requirements in many industry verticals.

• Traders in leading capital market firms use Apama to rapidly develop sophisticated trading algorithms.
• Compliance and risk managers respond more quickly to changing business and market conditions with the help of Apama.
• Telecom companies use Apama to monitor network transmissions to ensure delivery of Quality of Service (QoS) commitments.
• Energy firms get real-time visibility into production and distribution.
• Military units rely on Apama to provide a real-time view of battlefield operations.

Apama’s integration environment enables business events to be captured from many different applications, middleware systems, and other endpoints, while highly interactive dashboards give users the ability to view data of interest and control the way it is used and presented for better operational decision making.

Business Event Processing (BEP) and Responsive Process Management (RPM)

Without actionable insight or the ability to sense and respond immediately to the events that impact your business day in, day out, you’re flying blind. And without the controls you need for continuous business process improvement, your competition will pass you by. You need operational responsiveness. Business event processing is a core part of our Progress® Responsive Process Management (RPM) suite. Together with business process management (BPM), business transaction assurance (BTA), a business rules manager, and a integrated business control panel, The Progress RPM suite delivers:

• Gain Real-time Visibility
  Gain comprehensive insight into your business events, business transactions and business operations as they occur.
  
  
• Immediately Sense and Respond
  Understand how events reveal opportunities, threats or inefficiencies and take action.
  
  
• Continuous Process Improvement
  Easily modify your processes to continuously meet or exceed key business objectives.
  
  

In addition to providing solutions for business event processing, Progress Software also delivers solutions for application performance management, multi-site integration, and OSS/BSS integration. They also off a complete SOA infrastructure portfolio designed to give every enterprise the operational responsiveness they need to achieve revenue growth and improved customer satisfaction.