Aite Estimates Revenue From CEP-Related Products Will Reach $460 Million By 2010

Here is an interested article by Nathan Conz and Melanie Rodier, Predictive Analytics and Complex Event Processing Technology Move to Cutting Edge of Financial Services Industry.

In the article, Aite estimates that revenues for CEP-related products will quadruple in the next two years reaching $460 million by 2010.  The broader event processing (EP) category, which Aite says comprises the range of applications that facilitate the aggregation and processing of events, will reach $1 billion.

Aite implies that there will be around $115 million USD of CEP software sales in 2007.  I don’t think this figure is accurate.    The total sales figure for CEP related software sales for 2007 will be less than half of the figure by Aite.

Event Cloud Computing – IBM Turning Data Centers Into ‘Computing Cloud’

 I predict we may experience less debates on the use of the term “event cloud” related to CEP in the future, now that both IBM and Google  have made announcements about “cloud computing” and “computing cloud”, IBM Turning Data Centers Into ‘Computing Cloud’

“The initiative also builds on IBM’s announcement with Google last  month that they are developing cloud computing environments for  academic use.  But today’s announcement is aimed more widely at corporations and government users that want the extreme scale made possibly by lashing together pools of computers.”

This also furthers the notion and architecture we have been advocating, that event processing will move toward a distributed, cooperative computing model..