Showing posts with label size of the market. Show all posts
Showing posts with label size of the market. Show all posts

Friday, August 30, 2013

New market research on the event processing market by Markets&Markets
















It seems that there is a new comprehensive market research on the event processing market in the years 2013-2018 by Markets and Markets.  I don't have the market research itself (it is quite expensive), but the site gives some details, according to the report,  Markets&Markets forecast that  the "CEP  market"  is expected to grow from $764.5 million in 2013 to $3,322.0 million in 2018.  I wonder what this figures represent, it seems that this is beyond the accumulative sales of event processing platforms. 

They also classify the market according to the following verticals: 

BFSI: algorithmic trading, electronic transaction monitoring, dynamic pretrade analytics, data enrichment, fraud detection, governance, risk and compliance (GRC); 

Transportation and Logistics: asset management and predictive scheduling and toll system management; healthcare: self-service proactive monitoring and alerting and governance, risk and compliance (GRC); 

Telecommunication: mobile billboards, revenue assurance, network infrastructure monitoring and predictive CDR assessment; 

Retail: inventory optimization, shoplifting detection and real-time marketing and customer engagement; 

Energy and utilities: oil and gas operation management and nuclear crisis and smart grid energy management; 

Manufacturing: shop floor automation and operational failure detection, infrastructure management and supply chain optimization; 

Government, defense and aerospace: Intelligence and Security, emergency response services and geo-fencing and geospatial analysis; 

Others: includes education and research

Hope to get more insight towards this research. 


Friday, November 18, 2011

AITE says that vendors need to be more aggressive in marketing event processing


I have not read the recent Aite report entitled: "complex event processing - beyond capital markets",  have to check if IBM subscribes to these reports.  But from the promo page linked here I copied the figure above. It is interesting that the numbers are somewhat different among analysts, but all shows growth.   One insight given in the report is that vendors should be more aggressive about their message, since many customers still don't understand what event processing is -- a challenge both to the vendors and to the community.   One of the challenges we'll work in the EPTS level is to disseminate the event processing manifesto and ideas  more aggressively in 2012 -- stay tuned for announcement in this area.