IBM Operational Decision Manager vs. TIBCO BusinessEvents

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
IBM Operational Decision Manager
Score 7.1 out of 10
N/A
IBM Operational Decision Manager is presented as a comprehensive decision automation solution that helps users discover, capture, analyze, automate and govern rules-based business decisions, on premises or on cloud. It is formerly known as the IBM Websphere Operational Decision Management, and before that as the ILOG JRules Business Rules Management System (BRMS).N/A
TIBCO BusinessEvents
Score 8.0 out of 10
N/A
Enterprises are surrounded by hundreds of thousands of events that occur continuously. Hidden amongst them can be stalled business processes, opportunities for value creation, potential fraud, dissatisfied customers, failing equipment, and more. TIBCO BusinessEvents® proactively identifies these critical events, responds intelligently in real-time to navigate the fast-moving business environments and optimize outcomes. Decision-making in businesses requires a comprehensive…N/A
Pricing
IBM Operational Decision ManagerTIBCO BusinessEvents
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
IBM Operational Decision ManagerTIBCO BusinessEvents
Free Trial
NoNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeOptional
Additional Details
More Pricing Information
Community Pulse
IBM Operational Decision ManagerTIBCO BusinessEvents
Best Alternatives
IBM Operational Decision ManagerTIBCO BusinessEvents
Small Businesses

No answers on this topic

No answers on this topic

Medium-sized Companies
IBM Cloud Pak for Business Automation
IBM Cloud Pak for Business Automation
Score 9.0 out of 10
Confluent
Confluent
Score 9.9 out of 10
Enterprises
IBM Cloud Pak for Business Automation
IBM Cloud Pak for Business Automation
Score 9.0 out of 10
Spotfire Streaming
Spotfire Streaming
Score 6.6 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
IBM Operational Decision ManagerTIBCO BusinessEvents
Likelihood to Recommend
5.4
(0 ratings)
7.2
(0 ratings)
User Testimonials
IBM Operational Decision ManagerTIBCO BusinessEvents
Likelihood to Recommend
IBM Operational Decision Manager can be used to manage complex business processes with less use of IT infrastructure and more use of centralized decision making. Decision-making depends on a logical framework and the creation of commands for better futuristic decisions with less time consumption and more precision and accuracy. IBM's Operational decision manager application is well suited for such scenarios where complex processes have to be streamlined.
Read full review
BusinessEvents is not very well suited for Cloud native solutions, but it is suitable for traditional enterprise self-maintained data center deployment. And it gives the business the power to define/modify/update the business rules, in a visualized way, instead of asking IT team to maintain them. Generally speaking it is a very comprehensive rule engine solution, but not suitable for "hook on" some other complex computation/data processing logic
Read full review
Pros
  • Converting business policy to business rule.
  • Intelligent and responsive automation decision.
  • Reduction of duplicated functionality.
Read full review
  • Business users have the capability of changing rules dynamically without downtime in the application.
  • Real-time processing capability decreases latency and increases the efficiency of the features developed in TIBCO BE.
  • Capability of caching the data as well as managing it as an independent entity as TIBCO Active Spaces is a huge addition.
Read full review
Cons
  • There is some confusion for users as they have many different tools and consoles to use and write/edit rules. There is the rule designer, an enterprise console, a business console, etc and there is overlapping functionality between the consoles.
  • There needs to be support added for creating models using the decision modeling notation (DMN). Businesses need to be able to represent the knowledge using a model and DMN is a standard way of representing the information.
  • Also to be able to import and export models that have been created using DMN. There are tools that companies use to create DMN models and represent the business domain and logic. This tool needs to be able to import those models and provide execution runtime for the same.
Read full review
  • We had to write our own business rules interface that matched how our previous systems operated. Web Studio has gone through some great changes but in that time we have made a decision to move to Kafka, Kinesis, and Spark for our events streaming solution in AWS.
  • We did not modify our business process flow to take advantage of BE. If you are not truly running an adaptive business process effort, then BE could be overkill.
Read full review
Alternatives Considered
A lot of firms will have their own pseudo-rule engines that are tailored to the application, but adopting open source frameworks like Drools IBM Operational Decision Manager includes an English-like rule language, an IDE for defining vocabulary and rules, an easy interface for creating rule applications from scratch and deploying them, as well as tools for testing them locally, through API, and via simulations.
Read full review
Drools is an open source alternative for CEP solutions, that provides a business rules engine. Unfortunately it comes without support, while the TIBCO support for BusinessEvents is very efficient. Additionally, TIBCO BusinessEvents suite provides several additional components that could satisfy many requirements, and it can be integrated with existing TIBCO stack, giving great interoperability with other TIBCO products. As well as could be used in stand alone way.
Read full review
Return on Investment
  • Improved Time to Market for new products.
  • Operational efficiency.
  • Cost savings in application maintenance.
Read full review
  • Positive: dashboard is very informative and extremely powerful
  • Negative: we need to have more capability for data integration - OR for prototyping data integration and analytics, without resorting to something complex and big like StreamBase (which is truly amazing) but requires too much specific knowledge for industrial application. something easier to learn would be great. for example, I was able to learn KNIME and prototype a solution in a week. But StreamBase is too complex.
Read full review
ScreenShots