Like the Great Wall of China, streaming analytics took a long time to build, but now that it is part of the landscape it is here to stay – a very long time into the future.A decade or so ago, solutions for streaming analytics (or complex event processing as it was more commonly termed then) were introduced into financial services. Today it is hard to imagine the financial services industry without them. Trading strategies, market monitoring, fraud detection, risk management – all of these would not be possible without streaming analytics.
Financial markets were just the start; streaming analytics is now making major inroads in retail, manufacturing, healthcare and many other industries.
That is why Bloor Research chose streaming analytics as a subject for its Streaming Analytics 2016 Market Report.
It said: “To stream or not to stream is no longer the question. Streaming analytics is here to stay. The market is demonstrating significant growth and is fulfilling its potential.”
Bloor noted that the future for streaming analytics is more than merely acting as a conduit for real-time analytics to business applications; it lies “at the heart of the real-time enterprise for driving business process automation.”
We are proud to say that Bloor has awarded our Apama Streaming Analytics Platform with the highest score overall in its Streaming Analytics 2016 Market Report.
The Bloor report points to Apama’s comprehensive combination of performance and scalability, streaming analytics operators, graphical tools and solution accelerators for application development.
It also highlights that our primary differentiator is the ability to deliver real-time business transformation to enterprise customers. This is enabled by Software AG’s end-to-end Digital Business Platform, based on open standards, with integration, process management, in-memory data, adaptive application development, real-time analytics and enterprise architecture management as core building blocks. The modular platform allows users to develop the next generation of application systems to build their digital future, today.
And, as our CEO Karl-Heinz Streibich said in a previous blog, streaming analytics is poised to enter the mainstream thanks to the Internet of Things. Our work in the IoT space also attracted Bloor’s attention.
The report said: “Software AG was one of the few vendors able to demonstrate that it was getting to grips with the hierarchical architectural requirements of the Internet of Things.”
IoT, streaming analytics, the Digital Business Platform and Apama – they are indeed all here to stay.