TIBCO BusinessEvents

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
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
TIBCO BusinessEvents
Editions & Modules
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Offerings
Pricing Offerings
TIBCO BusinessEvents
Free Trial
No
Free/Freemium Version
No
Premium Consulting/Integration Services
No
Entry-level Setup FeeOptional
Additional Details
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Community Pulse
TIBCO BusinessEvents
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TIBCO BusinessEvents
Small Businesses

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Score 9.9 out of 10
Enterprises
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User Ratings
TIBCO BusinessEvents
Likelihood to Recommend
7.2
(0 ratings)
User Testimonials
TIBCO BusinessEvents
Likelihood to Recommend
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
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Pros
  • 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.
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Cons
  • 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.
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Alternatives Considered
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.
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Return on Investment
  • 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.
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