Business Activity Monitoring

More and more organizations are demanding real-time visibility into critical business operations. Daily, weekly or monthly reports are no longer sufficient to provide timely understanding of what is happening. Some call it "the single version of truth", but for many organizations that truth is continuously changing. Whether it is a manufacturer's just-in-time processes, or a retailer's on-demand supply chain, or an investment firm's pre-trade risk calculation or a homeland security agency's border watch - organizations need a continuously updated, accurate and actionable view of what is happening.

Real-Time Intelligence with Business Activity Monitoring

Progress® Apama® Dashboard Studio, a richly-featured BAM dashboard design and execution environment, is the centerpiece to the Apama BAM offering. With its up-to-the-second visualization of key metrics that drive event-driven operations, Dashboard Studio gives decision-makers the ability to see operational activity in real time, generating alerts when conditions that warrant action are detected.

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The Brains Behind BAM

Though dashboards are the iconic BAM representation, dashboards by themselves are not enough. The real power of BAM is the capacity to act in response to what is detected. Organizations are now recognizing the role that Complex Event Processing (CEP) can play as a critical component to successful BAM deployments. With CEP, BAM applications can deliver real-time insight and actionable response. That combination of insight and action is the key - and unique - capability that powers the Progress Apama BAM platform, what we term the "Brains behind BAM".

As the market's leading platform for building complex event processing solutions, Apama offers a rich and comprehensive foundation (the "brains") to build intelligent BAM applications. The key elements of the Apama BAM architecture extend far beyond dashboards to include:

RAD Dashboard Development Tools - The Apama platform features a flexible development environment that allows rapid application development (RAD) of dashboards.
CEP Engine - The Apama Event Correlator monitors event streams, detecting patterns and relationships amongst the events through application of CEP rules.
RAD CEP Development Tools - Apama's sophisticated pattern detection rules are accessible via development tools for business users, business analysts, and IT developers.
Encapsulated Functionality - Apama incorporates unique SmartBlocks that encapsulate CEP rules and expose them to business users via a high-level functional interface.
Data Source and Sink Adapters -Apama can receive data from and send data to a wide variety of sources making it appropriate for a range of use cases in many markets.
Event Data Management, Research, Testing, and Simulation - BAM solutions require a unique class of data management to capture every event, filtered event subsets, and newly created "complex" events. Event data management services from EventStore and Research Studio provide the basis for research, testing, and simulation

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Progress Software Corporation supplies business application platform, soa infrastructure and data infrastructure software that simplifies and accelerates the development, deployment, integration and management of business applications and Service-Oriented Architecture (SOA). Our superior business application platforms include Progress OpenEdge for high performance SOA integration and software as a service (SaaS), and Progress Apama for complex event processing. Our innovative event-driven SOA infrastructure solutions include Progress Sonic Enterprise Service Bus (ESB), Progress DataXtend semantic data integration, Progress Actional SOA management and SOA governance, and DataDirect data connectivity for mainframe SOA and web services. Our data infrastructure products include DataDirect Connect for database driver and data provider connections to relational databases and XML data integration, EasyAsk for enterprise search and e-commerce, and ObjectStore object data management.

Progress Apama is the market-leading platform for building algorithmically-driven applications. With its powerful complex event processing (CEP) engine and tools for business and IT, Apama powers Capital Markets applications like algorithmic trading, risk management, market surveillance, market aggregation, smart order routing in equities, FX, derivatives, and fixed income markets. Outside Capital Markets, Apama supports CEP-powered applications (including real-time Business Activity Monitoring) in a range of different time-sensitive markets, and delivers the real-time correlations that power an event-driven SOA infrastructure.