Today i attended a pre-launch briefing by Steve Lucas (GM Business Analytics) of SAP regarding the Business Objects release 4 (Official Launch planned later this month). There was a lot of interesting content which will be the focus of another post. In this post i want to focus on one statement that Steve made that i thought was very interesting.
Steve indicated that Event Insight is one of the most exciting / differentiating factors in this new release of SAP.
Looks like SAP is definitely onto something here - The combination Event Insight, In Memory & mobility will be a real game changer.
It would be really interesting to see how SAP allows third party developers to develop / deploy mobile applications leveraging these 3 areas. Maybe SAP could create its own "Mobile App store" allowing third party developers could deploy a wide range of "enterprise" mobility applications leveraging the "foundations" that SAP puts in place with "Event Insight" + "In Memory" + "Mobility" platform.
What is Event Insight?
The goal of Event Insight is to provide real-time monitoring of business events:
- Detect meaningful business events and new opportunities, such as customer buying behavior, through historical and current events
- Send alerts to business users, letting them detect and react to business changes before adverse events happen
- Easily set up the agents, on multiple data sources, monitoring both structured and unstructured data, without programming
Event Insight uses technology that was first developed for high-velocity, high-transaction trades on Wall Street, but has now been extended and adapted for use in BI. The biggest difference is in the nature of the processing: compared to previous “monolithic” CEP implementations, business intelligence typically requires more data sources, with processing shared among nodes on the network.
Source: Timo Elliot