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EsperTech, Inc. Provides Complex Event Processing for Business Objects Labs

EsperTech's open-source Esper software provides Complex Event Processing for Business Objects Labs "Event Driven Business Intelligence" prototype.


New York, NY, (PRWEB) July 30, 2008 - EsperTech Inc., a leading provider of event stream and complex event processing software (ESP and CEP), today unveiled that Business Objects, an SAP company and the world's leading provider of business performance optimization solutions, will incorporate EsperTech's Esper product, for evaluation, into Business Objects Labs' "Event Driven BI" prototype.

EsperTech CEP technology is capable of analyzing large volumes of streaming data to detect complex situations in real-time. Use cases range from advanced monitoring and RFID tag tracking to investment banks' algorithmic trading platforms. EsperTech is leading the pace of open-source innovation in the event processing field with its Esper product, ensuring wide adoption through a dual open-source and commercial licensing business model.

Business Objects Labs is an innovation center that brings Business Objects users and customers a unique chance to combine Business Objects' business intelligence products with the latest innovations. The evaluation prototypes are made available free of charge to all Business Objects users and customers online at http://labs.businessobjects.com.

The evaluation prototype further validates EsperTech's technology benefits in providing a Java-based, platform neutral and fully embeddable technology. EsperTech's Esper product is being bundled into the Business Objects "Event Driven BI" prototype that enriches the power of the Business Objects semantic layer with event data source to build real time analytics with Xcelsius® 2008 in order to tackle operational business problems and translate these into action.

"This evaluation agreement incorporates proven technology and highlights the flexibility and power of the Esper event processing engine. We are thrilled to have our technology integrated into this Business Objects component for evalution purposes and brought further to scrutiny and mass adoption. This is also a great showcase that EsperTech's CEP technology has a wide range of applications that maps to direct, visual, and sensible business benefits as best illustrated by event-driven business intelligence" said Thomas Bernhardt, EsperTech' founder and CEO. "Business Objects innovation shows leadership in that area, and addressing "Event Driven BI" with Esper is an addition to our traditional CEP use cases deployments such as in SOA integration and eXtreme Transaction Processing (XTP) platforms".

Esper is the first and only open-source Java Event Stream Processing (ESP) and Complex Event Processing (CEP) engine. Targeted to real-time Event-Driven Architectures (EDA), Esper can detect and correlate in real-time complex situations when user-defined conditions occur among large volume event streams. It enables organizations to turn the growing volume of data flowing across disparate systems into actionable competitive intelligence. EsperTech is the only provider of ESP/CEP technology with products available both in Java and .Net that can integrate with any platforms and middleware, ensuring best productivity, choice and adaptability.

About EsperTech
EsperTech, Inc., a privately-owned startup company located in New Jersey, brings Event Stream Processing (ESP) and Complex Event Processing (CEP) to mainstream by combining a flexible multi-platform Open-Source technology with commercial enterprise grade options, services and support. Information about EsperTech can be found at http://www.espertech.com.

EsperTech press contact:
Public Relations
EsperTech Inc.
info@espertech.com