TIBCO acquires Insightful
Posted by Paul Vincent
Per a recent press release, TIBCO has completed its acquisition of Insightful, known for its S+ statistics language (and with a common ancestry with the open source R langage) as used, amongst others, in the financial industry. S+ and R have had a few mentions in recent CEP blogs:
- Marc Adler commented on the initial TIBCO Insightful announcement [*1], and the potential for S+ queries in CEP (which is probably true at some level)
- Hans Gilde commented on improvements to R and responded to Marc’s comment on S+ Queries
- Tim Bass complimented the TIBCO team about the acquisition (understanding, of course, what advanced statistics and trending functions mean for the complex processing of complex events)
We won’t comment now on what this might mean for Complex Event Processing, real-time decisions, or operational intelligence in future, but if anyone has any interesting CEP-with-S+ use cases they want to see enhanced, please let us know!
Notes:
[1] Mark also commented that he hadn’t seen “built-in adapter support for object caches, like… Tangasol” in CEP tools. TIBCO BusinessEvents has included Tangosol (now called Coherance), out-of-the-box, since version 2.0 so we obviously need to give Mark an update (at the forthcoming Gartner EP Show no doubt).
Analytics, Complex Event Processing (CEP) | 04 September 2008 |
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By Marc, September 4, 2008 @ 16:15
Blame your Citigroup sales rep, Vincent. He gave a rather lackluster sales pitch when we were evaluating CEP engines. We’ll talk at the CEP conference ….
By vincent, September 5, 2008 @ 03:55
Thanks Mark.
[Disclaimer: Citigroup are a user of TIBCO CEP technology in other parts of their business. For example, see this User Group presentation (registration required) from Citigroup].
By Tim Bass, September 5, 2008 @ 06:15
Hi Marc,
TIBCO has a great CEP/EP product if you want more than a time-series continuous query stream processor.
For modeling complex situations using rules and state machines, there is not a better CEP/EP related product current on the market. BE is more complex than the more simple CC engines on the market, so comparing the streaming CC engines to TIBCO’s BE is like comparing apples and oranges.
I guess the problem is that I am not at TIBCO anymore, showing people “the dream” and capabilities before the sale guys come in an close the deal.
Anyway, I was focused on APJ and not working Wall Street…. my fault, in retrospect of how hard business is in Thailand and SE Asia!!
Anyway, I currently have no commercial affliation with TIBCO Software, other than a fan of great technology and good people. I do recommend you take a second look at BE, but not as a time-series stream processor, but an an real-time rules engine that can model complex scenarios and situations.
Cheers.
Yours sincerely, Tim