Consolidation has come to the small-but-growing computing niche called CEP (complex event processing), as Aleri and rival Coral8 have merged, the companies announced Monday. Terms were not disclosed.
In the coming weeks the feds and the surviving financial services institutions will have the daunting task of unraveling all the securitized loans and other instruments that are hiding the toxic investments. But does the technology exist to do that? And if so, could it have been used to prevent the bad debt from hitting the fan in the first place?
Tibco is releasing what it calls a major update to its complex-event processing (CEP) software on Monday, not long after its rival IBM laid out an ambitious road map for its own offerings in the space.
IBM is set to release a wave of new products for business event processing, IBM's preferred term for complex event processing (CEP), executives said at an event in Boston on Tuesday.
Sidekick: The Good News & the Bad News Either way you look at it Microsoft Data Center management did not follow standards or best practices in this failure. In which case it makes me wonder more about the outsourcing of corporate data much less personal data.
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Tibco beefs up business events processing wares
How IT could have prevented the financial meltdown
Complex-event-processing vendors merge
IBM pushes new business events processing wares