TIBCO BusinessEvents

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
TIBCO BusinessEvents
Score 6.2 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
Considered Both Products
TIBCO BusinessEvents
Chose TIBCO BusinessEvents
We used TIBCO BW so as successor, we start using TIBCO BE. We use also EMS for our messaging bus, and ActiveSpaces as large in-memory data cache, and Spotfire gives us to present and visualize the analyzed data.
Chose TIBCO BusinessEvents
TIBCO BE has better integration.
Chose TIBCO BusinessEvents
TIBCO BE helped us by having all the required capabilities packaged within one product which is very descriptive in the documentation.
Chose TIBCO BusinessEvents
I was not part of evaluation of the products in this space in my organization. But I feel BE is better in terms of RIO if compared with some commercial products from Orcle, IBM and SAP.

I strongly feel difficulty in using cloud native features is one big shortcoming in current …
Chose TIBCO BusinessEvents
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 …
Chose TIBCO BusinessEvents
As we have otherTIBCO products, also integrations with other services are very easy with EMS support, we have selected Business Events.
Chose TIBCO BusinessEvents
BE has been a great tool. But our company is moving to AWS and not moving current TIBCO solutions to the cloud.
Chose TIBCO BusinessEvents
These tools are all far better than BE in terms of flexibility and ability to scale with the right architecture and best practices. The wealth of resources available for open source and widely used technologies means that onboarding is so much easier than with any of the TIBCO …
Chose TIBCO BusinessEvents
You need a full orchestration suite to perform pre-enrollment checks before storing [them] into the system of records. TIBCO BusinessEvents was bought along with TIBCO BusinessWorks (BW) to design the end to end flow for member contract processing. We were able to get down the …
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User Ratings
TIBCO BusinessEvents
Likelihood to Recommend
7.2
(0 ratings)
User Testimonials
TIBCO BusinessEvents
Likelihood to Recommend
TIBCO Business Events is ideal for mid to large size organization where there are large amounts of data. It can help in automating the responses based on any circumstances as it supports writing rules what trigger actions when any specific event occurs. It is great for processing complex events and can also help in real time monitoring of data for taking actions. It is not suitable for small to mid-size organizations due to complex learning curve and cost associated with the purchase and licensing.
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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
  • Better integration with R versions and better debug for R-scripts in Spotfire. There are inconsistencies in syntactic expressions accepted by R-studio and not accepted in Spotfire. Accelerating the debug would be awesome. Having a command like View (data frame) that directly output in the dashboard would be a great accelerator.
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Usability
TIBCO Business Events is one of the best in business and very well suitable for organization like ours where there are large volumes of data that need to be processed on daily basis. It helps in real time monitoring of data and supports writing complex rules which makes it easier to get the work done. It also helps in fraud detection by identifying suspicious activities and integrate with other systems for a comprehensive view.
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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
  • It speeds up the information integration and digesting process, helping our business quickly identify the key business events and response to that in time
  • However, we also found out that BusinessEvents can be difficult to deploy and scale, without knowing the extensive knowledge and a lot of inner workings tricks, which slows us down for more widely and quickly grow our application's footage
  • BE consumes too much hardware resources, plus with its own license fee, it is not a cheap product, financially speaking
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