BusinessEvents 3.0 features a new business user interface for easier, more intuitive rules authoring as well as support for event streams processing. In addition, the solution's industry-first distributed event processing capabilities can monitor a practically unlimited number of events, making it by far the most robust and scalable CEP offering in the market. With the launch of TIBCO BusinessEvents 3.0, TIBCO marks another year as the undisputed leader in CEP software with over 40 per cent market share - which is more than twice the closest competitor, and 52 per cent year-over-year growth according to a recent IDC Study.[1]

TIBCO BusinessEvents 3.0 Adds Revolutionary New Features:

• Decision Manager: New business user interface provides simpler access for business users to write rules in their domains of expertise.
• Event Streams Processing: BusinessEvents query language allows you to continuously query event streams in real-time and take immediate action.
• Distributed BusinessEvents: Distributed cache and rules engine that provides practically unlimited scalability, letting you monitor twice the magnitude of events previously possible.

A key benefit of CEP is that it provides companies with the ability to rapidly respond to potential problems, or take advantage of emerging opportunities. TIBCO BusinessEvents detects business behaviours, provides contextual insight to help companies mitigate risk and generate additional profits. Companies can set TIBCO BusinessEvents to act automatically on opportunities to increase customer satisfaction, build loyalty, sell more products and increase efficiency. Unlike many traditional CEP solutions that focus on a limited scope of problems and uses, TIBCO BusinessEvents continues to benefit multiple industry segments and applications.

Air France-KLM, which is the largest airline group worldwide in terms of revenue, the largest airline worldwide for cargo* and the the leader in Europe in terms of market share, is one example of a company using CEP. Christophe Astier, Chief IT Architect at Air France explains: "As part of keeping its SOA infrastructure maturity at the best possible level, the Air France-KLM Group has selected TIBCO BusinessEvents for event management and routing."

Maureen Fleming, director of IDC's BPM and middleware research program said: "Vendors that are serious about providing platforms for event-driven systems must have best-of-breed capabilities for predictability, the ability to manage high levels of complexity at ultra fast speeds and interoperability with all styles of CEP." She added: "Perhaps more importantly, CEP platforms must also support the experts skilled at identifying risk and opportunity patterns without forcing these experts to learn how to program."

"TIBCO BusinessEvents allows companies to harness the business behaviours of their smartest employees and automatically scale their best practices across the entire organisation. This provides unique insights that enable businesses to see opportunities and act on them immediately," said Ram Menon, executive vice president, worldwide marketing at TIBCO. "Think of it as instant expertise - it enables your top performing two per cent of employees to be digitally distributed across the entire organisation."

[1] ] IDC, Worldwide Event-Driven Middleware 2008-2012 Forecast and 2007 Vendor Shares, Doc # 213956, September 2008