|Event Insight is part of Business Objects suite of BI applications.
It is also a great value for media companies to "optimize the monetization of their intellectual property across multiple distribution channels and geographies" as well as a financial planning tool for public-sector agencies.
Event Insight is designed for the growing market of CEP (complex event processing) software. CEP software sifts through information from sources such as transactional systems and sensors, looking for patterns and correlations and potentially triggering actions depending on what it finds.
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Financial companies are the primary user of CEP for purposes such as rapid-fire stock trades or fraud detection.
It also empowers the IT business development & strategic planning in other lines of business such as logistics and transportation.
If you are a customer of both of SAP's ERP and Business Objects software, and have built out a BI portal that delivers the executives of your organization with a wide range of KPIs (key performance indicators) and other data about the business' operations, you may need to consider focus on real-time information as well, with working on a real-time BI project and evaluating CEP engines.
For example, in order for a railroad company to get value out of CEP, the system must be able to incorporate geospatial data which is possible by using Event Insight as a near real-time visibility engine into fuel consumption and real-time train handling data such as train horsepower, weight, prevailing wind and weather which also affect fuel consumption. (collecting telemetry data from most of locomotives, that information resides on hosted services)
What is the Value of Real-Time Insight?
To learn more about how your company or organization can benefit from Event Insight or to find out more about CEP, please call us or complete the contact us enquiry form.
Small Businesses and Midsize Companies
iPuzzlebiz will help you to maximize your investment in SAP software by providing named user and package licenses. We will help you develop the key business metrics needed for you to align them with your business real-world requirements. iPuzzlebiz will enable you to pay for financing and IT equipment leasing services in one total payment.
We also help you make more-informed investment decisions in line with your area of responsibility, specific business requirements, business acceleration and solution specialization. Please find below the set of products and solutions with the strong interest in the market at the present time:
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