Overview

What is TIBCO BusinessEvents?

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…

TIBCO BusinessEvents - Enterprise Level Rule Engine and Event Hub

Rating: 8 out of 10

November 28, 2018

IncentivizedVetted ReviewVerified User

Our company has a long history of using the TIBCO family product, previously we majorly used the TIBCO BusinessWorks to build the data flowing and adaptation back-end process,...

Verified user

Strategist

3 years of experience

BE is a must!

Rating: 8 out of 10

September 5, 2018

IncentivizedVetted ReviewVerified User

We use BE across our entire enterprise and it ensures our quick delivery of complex business ventures and new business intiatives.

Verified user

Manager

4 years of experience

TIBCO Spofire review.

Rating: 10 out of 10

May 9, 2018

IncentivizedVetted ReviewVerified User

It is used across the whole organization addressing problems spanning from R&D to financial analysis.

Paolo Avalle

Professional - Research & Development

Associate Principal Scientist | Process Analytical Technology

Merck

4 years of experience

Business Events, the prodigy of TIBCO!

Rating: 7 out of 10

January 24, 2018

IncentivizedVetted ReviewVerified User

TIBCO BusinessEvents (BE) is used in multiple business applications as well as gateway implementations at Western Union. It is used to receive, transform and handle events/tra...

Verified user

Team Lead

6 years of experience

TIBCO BusinessEvents Review

Rating: 4 out of 10

January 19, 2018

IncentivizedVetted ReviewVerified User

We Use Business Events Rule Engine in regards with Fraud Detection use cases. Various rules built and deployed to identify fraud across different channels. We use Web Studio t...

Verified user

Professional

6 years of experience

Eventful Business with BusinessEvents

Rating: 7 out of 10

January 18, 2018

IncentivizedVetted ReviewVerified User

BusinessEvents is used in my organisation to deliver a capability of rules-driven processing on the events that are flowing through the middleware layer. The requirements expe...

Verified user

Consultant

3 years of experience

TIBCO BusinessEvents as CEP solution for complex problems

Rating: 9 out of 10

January 18, 2018

IncentivizedVetted ReviewVerified User

In the actual project, TIBCO BusinessEvents is being used as correlation engines. Its purpose is to collect metadata about service requests and responses across the Service Ba...

Fabio Martone

Consultant - Information Technology

TIBCO Specialist

T-Systems

9 years of experience

TIBCO BE Product Review

Rating: 5 out of 10

January 18, 2018

IncentivizedVetted ReviewVerified User

Currently, Fraud department in my company uses Business Events, to run rules to detect fraud based on certain data points and internal calculations. We heavily use BRMS functi...

Verified user

Professional

5 years of experience

How to get the business to adapt to change

Rating: 7 out of 10

November 22, 2017

IncentivizedVetted ReviewVerified User

It replaces the current legacy fraud operational system. We incorporated a number of producers of real-time events (e.g. web UI claims process and RSA Web Threat Detection). T...

.john omahen

Engineer - Information Technology

Domain Architect

Asurion

10 years of experience

BE isn't really worth it

Rating: 2 out of 10

November 14, 2017

IncentivizedVetted ReviewVerified User

Tibco BusinessEvents is being used by several groups across the company in non-legacy projects. It was supposed to be the business rules engine that would drive the event-driv...

Verified user

Contributor

1 year of experience

A real Fast Data Engine!

Rating: 6 out of 10

November 6, 2017

IncentivizedVetted ReviewVerified User

For enrollment validations, we used: BusinessEvents (BE) was acting as a rules engine to perform some initial set of validations, transformations, computations, and also acti...

Verified user

Engineer

5 years of experience

BE as Business Roles Engine

Rating: 7 out of 10

October 30, 2017

IncentivizedVetted ReviewVerified User

TIBCO BusinessEvents has been used to implement the business catalog engine of the business catalog. BE was used by the IT department. come detto prima è stato usato per reali...

Verified user

Engineer

3 years of experience

TIBCO BusinessEvents- Processing rules faster

Rating: 6 out of 10

September 7, 2016

IncentivizedVetted ReviewVerified User

For enrollment validations, we used: TIBCO Business Events (BE) as the container, delegating to TIBCO BusinessWorks for interfaces to existing systems/extracting data as requi...

Verified user

Project Manager

3 years of experience

Awards

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Product Details

About
Competitors
Tech Details
Downloadables

What is TIBCO BusinessEvents?

Decision-making in businesses requires a comprehensive understanding of various event types, ranging from historical, current, and expected yet absent events. TIBCO BusinessEvents® provides contextual Event Processing.

TIBCO BusinessEvents® enables businesses to handle vast volumes of events that large, complex businesses encounter daily, satisfying the rigorous demands of today’s high-traffic business environment, and is designed to provide the essential capability of an event-driven architecture (EDA).

TIBCO BusinessEvents Features

Supported: Enterprise-scale event throughput
Supported: Event Processing from broader contextual information using multiple approaches
Supported: Streamlines a complete EDA rollout

TIBCO BusinessEvents Competitors

TIBCO BusinessEvents Technical Details

Deployment Types	On-premise, Software as a Service (SaaS), Cloud, or Web-Based
Operating Systems	Windows, Linux, Mac
Mobile Application	No

TIBCO BusinessEvents Downloadables

TIBCO BusinessEvents Datasheet

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Reviews and Ratings

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(1-13 of 13)

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TIBCO BusinessEvents - Enterprise Level Rule Engine and Event Hub

Rating: 8 out of 10

Incentivized

November 28, 2018

Verified User

Vetted Review

Verified User

3 years of experience

Use Cases and Deployment Scope

Our company has a long history of using the TIBCO family product, previously we majorly used the TIBCO BusinessWorks to build the data flowing and adaptation back-end process, together with the TIBCO EMS. In recent years, together with the TIBCO ActiveSpace, TIBCO BusinessEvents has been introduced into the IT department, aiming to further strengthen our efforts to leverage the "event-driven" architecture to better support our increasing real-time business decision making demand due to business expansion. TIBCO BusinessEvents has become the core technology stack of our company's Enterprise Foundation Service

Pros and Cons

It allows us to build rule-based model-driven application, to collect, filter, analyze, correlate various business events in our real-time event flow
It makes various business applications/components easy to integrate (loosely decoupled but chained via the events flow) together
Its distributed rule engine and embedded in-memory data grid (ActiveSpace) gives us a lot of flexibility and room to play with a large amount of rules and data with high performance

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

BE is a must!

Rating: 8 out of 10

Incentivized

September 05, 2018

Verified User

Vetted Review

Verified User

4 years of experience

Use Cases and Deployment Scope

We use BE across our entire enterprise and it ensures our quick delivery of complex business ventures and new business intiatives.

Pros and Cons

Business driven interactions with our enrollment engine.

Likelihood to Recommend

BE is great for translating business rules to intelligent actions systematically.

TIBCO Spofire review.

Rating: 10 out of 10

Incentivized

May 09, 2018

Paolo Avalle

Associate Principal Scientist | Process Analytical Technology

Merck (Pharmaceuticals, 10,001+ employees)

Vetted Review

Verified User

4 years of experience

View profile

Use Cases and Deployment Scope

It is used across the whole organization addressing problems spanning from R&D to financial analysis.

Pros and Cons

Dashboard for real-time analysis
R-scripting, although the R editor could be improved, there are syntax inconsistencies between R-studio and R-opensource in TSSS
Basic statistics and drill down capabilities

Likelihood to Recommend

Standard dashboard for basic statistics. GREAT

Advanced multivariate modeling needs to be coded in R for example, LESS GREAT. You would get a million users for off-the-shelf multivariate modeling like SIMCA.

The integration with Statistica is a great idea but much of its success will depend on the speed and the ergonomics by which you integrate the development workflow for multivariate models PLS/PLS-DA/ PCA etc.

You should implement some of the features offered by SIMCA (Sartorius Stedim) and expand the multivariate analysis offering and more advanced tools (from Random Forest to T-SNE and machine learning / AI). You will get lots of 'love' from pharmaceutical engineers. :)

Business Events, the prodigy of TIBCO!

Rating: 7 out of 10

Incentivized

January 24, 2018

Verified User

Vetted Review

Verified User

6 years of experience

Use Cases and Deployment Scope

TIBCO BusinessEvents (BE) is used in multiple business applications as well as gateway implementations at Western Union. It is used to receive, transform and handle events/transactions in real-time. Business users are provided with the capability of making and changing rules dynamically using BE based applications. Since every transaction in the company deals directly with funds every application plays a critical role.

Pros and Cons

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.

Likelihood to Recommend

Real-time processing.
Event Streaming.
In-memory computing.
Dynamic rules.
BRMS.

TIBCO BusinessEvents Review

Rating: 4 out of 10

Incentivized

January 19, 2018

Verified User

Vetted Review

Verified User

6 years of experience

Use Cases and Deployment Scope

We Use Business Events Rule Engine in regards with Fraud Detection use cases. Various rules built and deployed to identify fraud across different channels. We use Web Studio to author most of the rules that are executed by BE Engine. ActiveSpaces used as a caching mechanism between BE and Backing Store.

Pros and Cons

Optimized Rules engine
Extremely efficient decision tables
Web based rules authoring tools

Likelihood to Recommend

Business Events is well suited for medium to complex use cases involving complex event processing. BE is useful in areas where Buisness Owners want to actually implement business rules defined by designers/developers. BE is well suited where Busieness Rules/ Thresholds change frequently; BE's hot deployment capabilities can be utilized for such scenarios. BE is very well suited for on premise deployments.

BE is not very well suited for Cloud native solutions. Specifically when it uses embedded ActiveSpaces as in memory cache.

Eventful Business with BusinessEvents

Rating: 7 out of 10

Incentivized

January 18, 2018

Verified User

Vetted Review

Verified User

3 years of experience

Use Cases and Deployment Scope

BusinessEvents is used in my organisation to deliver a capability of rules-driven processing on the events that are flowing through the middleware layer. The requirements expect TIBCO BusinessEvents to process states of various electrical devices, perform actions based on the changes of a state exceeding a defined threshold of level, time, or value increment or just of a count as the event. The following business problems are being addressed by using BusinessEvents: event monitoring, event correlation, event recording and event filtering where an event may be observed as a change of state with any physical or logical or otherwise discriminated condition. Preserving the state of an object is achieved through State Machine.

Pros and Cons

Process network events and use defined rules to infer system occurrences
Monitor distribution substation switches that have remote telemetry to infer the actual switch state
Perform rule based Network Alarm suppression

Likelihood to Recommend

Well suited in scenarios where the business landscape has several probabilities of data that needs to be processed by ruke driven approach.

No suited for very huge volumens of data processing.

TIBCO BusinessEvents as CEP solution for complex problems

Rating: 9 out of 10

Incentivized

January 18, 2018

Fabio Martone

TIBCO Specialist

T-Systems (Telecommunications, 10,001+ employees)

Vetted Review

Verified User

9 years of experience

View profile

Use Cases and Deployment Scope

In the actual project, TIBCO BusinessEvents is being used as correlation engines. Its purpose is to collect metadata about service requests and responses across the Service Backbone, correlate them, and provide statistical information about deployed services, such as the number of hits for each service operation, successes and faults, average latency, and so on. All these information are then delivered to another component to be persisted and then read from a GUI. Thanks to this statistical information about the deployed services, the user would be able to figure out the health of the system, create business monitoring rules, and act immediately whenever unexpected patterns appear.

Pros and Cons

One of the simplest use of TIBCO BusinessEvents, is for "Condition Detection" scope. Let's assume we like to monitor business services or our corporation, and create monitoring alerts whenever certain conditions are reached. For example, a monitoring rule could be: "when a service call receives more than 80% of fault responses within a minute, generate an alert (send an email)".
In this scenario, TIBCO BusinessEvents offers a very powerful rule engine. In the rule engine will be defined all the monitoring rules, and their threshold. The rule engine will receive events with statistics information about service calls, eventually correlates and aggregates those message, and when particular condition are detected by the defined rules, an alert is generated
One interesting capability of TIBCO BusinessEvents, is to recognize situation. One example over all, could help to understand the "Situation Recognition" scenario: the Bank Fraud detection.
Let's assume a bank would like to define a solution to identify when a credit card fraud is in act. Now, a simple use of the credit card by its owner, most probably, is not a fraud. So the system should avoid to raise alert every time. But the system should be able to recognize certain suspicious conditions, as for example when the credit card has been used for purchase in a shop in Italy, and after a pair of hours in one store in USA.
This means that one single event (usage in Italy) is not enough to define the fraud, but the system is able to keep the event, and process it once others events arrive, in order to recognize suspicious situation.
One particular pattern, where TIBCO BusinessEvents would be very helpful, is for Track and Trace patterns.
Let's consider an aviation company, that needs a process to follow customer's baggage. The customer drops off his baggage at airport, a bar code is assigned to it, that belongs to the owner. The baggage should follow a route to reach the target airplane, be loaded on the airplane, once arrived at destination unloaded and sent to the correct belt to be collected by its owner.
All the steps above, con be modeled with a state machine, where the baggage change its state at each passage under a bar code reader for example.
This solution would allow companies to track baggage from the beginning (when customer drops the baggage at counter) to the end (customer collects his baggage at destination), and establish any problem during the path.

Likelihood to Recommend

TIBCO BusinessEvents is part of the CEP (Complex Event Processing) family, this means that it fits perfectly in all those scenarios where a correlation between incoming events is required. Where a stateful process is necessary. It does not fit well for a kind of Process Orchestrator scope, where simple events are coming in, and there is a well-defined behavior the system, would have on incoming request, and no particular reason to use a rule engine and its complexity. Anyway, there are particular cases where BusinessEvents would be a good actor in orchestrating a portion of CEP solutions activities

TIBCO BE Product Review

Rating: 5 out of 10

Incentivized

January 18, 2018

Verified User

Vetted Review

Verified User

5 years of experience

Use Cases and Deployment Scope

Currently, Fraud department in my company uses Business Events, to run rules to detect fraud based on certain data points and internal calculations. We heavily use BRMS functionality to dynamically create and deploy rules on ad-hoc bases.

Pros and Cons

BE does inferencing part very well
Correlate a lot of data streams and make decisions on very minute scales.

Likelihood to Recommend

Business Events is well suited for the scenario where you want to use the product just as a rule engine instead of making a lot of other heavy calculations inside business events engine.

How to get the business to adapt to change

Rating: 7 out of 10

Incentivized

November 22, 2017

.john omahen

Domain Architect

Asurion (Insurance, 10,001+ employees)

Vetted Review

Verified User

10 years of experience

View profile

Use Cases and Deployment Scope

It replaces the current legacy fraud operational system. We incorporated a number of producers of real-time events (e.g. web UI claims process and RSA Web Threat Detection). TIBCO BusinessEvents (BE) is the consumer that runs a set of rules against those events to determine the next steps in the claims process.

Pros and Cons

Great event driven engine with a rich event model
Provides ability to use Web Studio to generate basic rules that will drive the outcomes
Allows for Java implementations of other rule sets
Has in-memory caching abilities

Likelihood to Recommend

If you are truly event driven and are willing to implement an adaptive business process then BE is great. The challenge is involving the business and ensuring they are in charge of the product release. In our organization, when the business drove the product releases (which included BE applications) then BE was a winner. When developers took over and had no real event-driven background then all the calls were synchronous which is a killer to the event-driven process.

BE isn't really worth it

Rating: 2 out of 10

Incentivized

November 14, 2017

Verified User

Vetted Review

Verified User

1 year of experience

Use Cases and Deployment Scope

Tibco BusinessEvents is being used by several groups across the company in non-legacy projects. It was supposed to be the business rules engine that would drive the event-driven, real time capabilities the company wanted. The in-memory rules engine was supposed to enable instant decision making over the life of the product.

Pros and Cons

The rules engine works well for simple rule sets in smaller batches
TIBCO consultants are usually very good with the product

Likelihood to Recommend

It is very poorly suited to run a central rules engine for large numbers of transactions. Perhaps as an input-output rules engine it might be ok, but as far as managing those events itself it does a poor, overly complex job.

A real Fast Data Engine!

Rating: 6 out of 10

Incentivized

November 06, 2017

Verified User

Vetted Review

Verified User

5 years of experience

Use Cases and Deployment Scope

For enrollment validations, we used:

BusinessEvents (BE) was acting as a rules engine to perform some initial set of validations, transformations, computations, and also acting as a control flow management engine.
We used BE's state diagram to specify what process or rules to apply and behavior was specified as declarative rules.

Pros and Cons

It does not require major implementation effort to address major business issues.
Works well as a rules engine with process orchestration capability.

Likelihood to Recommend

BusinessEvents is very useful in all scenarios where there is a need to respond quickly to events.

BE as Business Roles Engine

Rating: 7 out of 10

Incentivized

October 30, 2017

Verified User

Vetted Review

Verified User

3 years of experience

Use Cases and Deployment Scope

TIBCO BusinessEvents has been used to implement the business catalog engine of the business catalog. BE was used by the IT department. come detto prima è stato usato per realizzare il BRE di un Nuovo Catalogo Commerciale

Pros and Cons

It does not require major implementation effort to address major business issues.
It is quite efficient even if subjected to high stress.
Is extremely versatile

Likelihood to Recommend

BE is very useful in all scenarios where there is a need to respond quickly to events. For example, a request that needs to be accomplished requires enrichment from other sources

TIBCO BusinessEvents- Processing rules faster

Rating: 6 out of 10

Incentivized

September 07, 2016

Verified User

Vetted Review

Verified User

3 years of experience

Use Cases and Deployment Scope

For enrollment validations, we used:

TIBCO Business Events (BE) as the container, delegating to TIBCO BusinessWorks for interfaces to existing systems/extracting data as required for event processing.
BE was acting as a rules engine to perform some initial set of validations, transformations, computations, and also acting as s control flow management engine.
We used BE's state diagram to specify what process or rules to apply and behavior was specified as declarative rules.

Pros and Cons

Works well as a rules engine with process orchestration capability.
Maintains the state as the process goes through various stages.
Well defined state diagram that specifies what process or rules to apply and behavior is specified as declarative rules.

Likelihood to Recommend

Best suited for collecting data from various sources, understanding the meaning of this data and its context and identifying and acting on a critical business moment for mostly light weight, ad hoc business processes.
Not the best choice where business rules are constantly changing/will require a lot of maintenance post production or where business users need to maintain rules.

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