Message #95 From:
NewsBot Date: March 21, 2007 04:00:00 AM
IBM News StreamBase Launches Partner Program in Response to Multi-Market Demand for Complex Event Processing
BOSTON--(BUSINESS WIRE)--StreamBase Systems, the leader in high-performance Complex Event Processing (CEP), today announced the official launch of its worldwide Partner Program for technology partners, independent software vendors (ISVs), original equipment manufacturers (OEMs), system integrators (SIs), and value-added resellers (VARs). The program serves companies interested in building and delivering solutions on StreamBase’s CEP platform. StreamBase already has established technology partnerships with leading global technology companies including IBM (NYSE:IBM), Advanced Micro Devices (NYSE: AMD), Red Hat Linux (NASDAQ: RHAT), Reuters, Sun (NASDAQ: SUNW), and Sybase (NYSE: SY).
“CEP has become increasingly important to IBM’s customers in a number of markets,” said Dr. Arvind Krishna, Vice President IBM Data Servers. “IBM is working strategically with StreamBase to meet these customer needs via solutions that integrate StreamBase’s CEP engine with IBM’s industry-leading data management products.”
Accelerated demand for real-time event processing and analysis in diverse markets such as financial services, e-business, telecom, and government is driving fast growth in StreamBase’s sales, services, and distribution channels. The StreamBase Partner Program delivers StreamBase’s high-performance CEP software along with technical support, education, and marketing support to help drive partners’ success. The program offers an easy three-step sign up process to allow partners to quickly and affordably establish a technology and business partnership with StreamBase. The standard StreamBase Partner Program, which can be renewed annually, enables partners to build and deliver solutions based on StreamBase’s CEP platform. Partners enrolled in the standard program are eligible to enter into a separate distribution arrangement with StreamBase allowing them to resell or redistribute StreamBase software as part of their solution offerings.
“Our partners play a critical role in delivering and implementing the most powerful CEP applications,” said Barry Morris, Chairman and CEO of StreamBase. “We’ve built into this new program all the tools, resources, and support our partners need to capitalize on the fast growth market for high-performance CEP. With our program, partners are able to more quickly deliver high-value, standards-based solutions to their customers which also are highly scalable and easily modified when business needs change. These relationships are not only of immense benefit to StreamBase and our clients, but also to the overall growth of the high-performance CEP industry. We are proud to announce that we have successfully signed up a number of key partners to this new program, and we expect dozens of new partners to join the program during this year.”
Additional application vendors and solution providers joining the StreamBase Partner Program include:
- Anthrope Informatics (www.anthrope.com) – Anthrope Informatics is a New York-based services and technology firm specializing in the Capital Markets industry. Possessing significant domain expertise in Algorithmic Trading, Market Data Management, Reference Data Management and Securities Processing, Anthrope has established a strong record of delivering quality solutions to Wall Street since 1999. Anthrope provides the deep technical expertise in stream processing, high-performance messaging, high-performance databases and distributed computing technologies. StreamBase’s high-performance CEP engine is the core of the company’s high-performance algorithmic trading platform, which is currently under development. StreamBase facilitates rapid integration of high-throughput market data feeds with off-the-shelf algorithms and order management functions like routing, matching, and execution. Anthrope has partnered with StreamBase in order to deliver the industry’s fastest processing speeds of high-throughput data streams.
- BusinessEdge Solutions (www.businessedge.com) – BusinessEdge Solutions Inc. is an industry-focused business and technology consulting firm offering strategy, process optimization, and solution integration to clients in the financial services, life sciences and communications, media, and content industries. The company has partnered with StreamBase to further help its clients optimally develop and deploy high-performance CEP applications for processing, analyzing, and responding to high-volume streaming data with low latency.
- Covelight Systems (www.covelight.com)—Covelight Systems’ Inflight™ provides real-time business events of in-session user transactions through network-based pervasive monitoring of critical online applications. StreamBase is extending its’ real-time event processing footprint via an integrated event stream adapter from Inflight. The combined solution enables StreamBase’s CEP platform to process Inflight real-time events out-of-band from the online applications for a variety of business applications, including networks system monitoring, business intelligence, in-session marketing, real-time compliance, and fraud detection.
“We’re seeing the market and our customers wanting to take action and make decisions in real-time to increase the efficiency of their business, enhance the customer experience and drive revenues,” said Spencer Snedecor, CEO of Covelight Systems. “Our ability to capture and deliver real-time events from Web applications and deliver them to leading Complex Event Processing solutions like StreamBase enables the real-time, event-driven enterprise.”
- DSAL (http://www.datastreamanalysis.com) — Data Stream Analysis Limited (DSAL) is a specialized London-based software firm which has developed a number of solutions for the processing and storage of financial market data for investment banks, brokers, hedge funds, and other financial market trading organizations. DSAL’s systems are all based upon StreamBase’s CEP software. DSAL solutions enable firms to measure latency in streaming data and data processing cycles, handle ever increasing volumes of financial market data in a more scalable and robust manner, validate the accuracy of the data in real-time, and perform real-time analytics. The systems operate on all types of real-time and historical financial market data; trades, quotes, corporate actions, and reference data.
“StreamBase enables us to rapidly develop solutions for our clients and to handle in real-time the ever increasing volumes and complexity of data in the financial markets,” said Ian T Hillier-Brook, Managing Director of DSAL.
- Infusion Development (www.infusiondev.com) —As an emerging technologies consulting firm focused on providing next-generation solutions for the financial services industry, Infusion Development leverages StreamBase’s CEP software to provide its clients with high-performance, low-latency data processing applications with a significantly lower development cost. As a recommended StreamBase consulting partner, Infusion Development provides comprehensive services and solutions around software development, integration, and training.
- NetIQ (www.netiq.com) — NetIQ, an Attachmate business, is a leading provider of comprehensive systems and security management solutions that help enterprises maximize IT service delivery and efficiency. After evaluating and testing multiple real-time CEP platforms, NetIQ chose StreamBase for its high speed and ease-of-application-development. By leveraging the StreamBase platform, NetIQ continues to drive greater innovation around its systems and security management solutions and fully manage the processes they support and enable.
- Panoscopix Software (www.panoscopix.com) — Panoscopix Software is a systems integration consultancy specializing in architecting and implementing systems for business operations. The company is focused on integrating real-time data processing and traditional RDBMS data storage for telecommunications, manufacturing, financial services, and civil and defense government agencies. StreamBase’s high-performance CEP capabilities provide Panoscopix with powerful enterprise-class systems software for handling its customers’ most challenging real-time and historical data processing requirements.
- Rithmic (www.rithmic.com) –Rithmic, LLC is a leading independent provider of systems that enable Automated (Algorithmic) Trading for the futures industry. The company is leveraging StreamBase’s IDE and CEP engine to interface with its trading platform and provide a GUI-based environment for quickly developing algorithms. The Rithmic Trading Infrastructure is a low-latency, high-frequency trading platform and working with StreamBase enables the company to simplify and shorten the trading, testing, and programming lifecycle of a strategy.
“StreamBase’s platform and API are straightforward, and the technical support staff is responsive and knowledgeable,” said Jonathan Walden, CEO of Rithmic. “Our customers can now develop and trade new algorithms in just 15 minutes.”
- VSTI (www.vsticorp.com) — Vision Systems & Technology, Inc. (VSTI) is an Information Technology company that provides innovative technological services to the commercial, federal, and intelligence communities. Through this alliance, VSTI is using StreamBase for rapid data analysis, especially within the intelligence community (IC), and is currently helping several defense and intelligence agencies evaluate StreamBase application prototypes.
“With StreamBase, we’re able to build solutions faster with lower project risk, and in a more scalable and robust manner than custom-coded applications,” said Bryan Harris, CTO of VSTI.
VSTI is leveraging StreamBase to develop cutting-edge stream processing applications to process and evaluate terabytes of structured and unstructured data and provide:
Real-time alerting based on user-driven rules and search criteria
Content-driven prioritization of data loading processes for data warehouses
High-speed data filtering and normalization
Content-driven anomaly detection on large data feeds
To help partners achieve and exceed the expectations of their customers, StreamBase’s Partner Program offers a high-touch approach that includes access to a variety of business, technical, and operational resources. To learn more about the StreamBase Partner Program and the mix of strategic and tactical offerings, please visit http://www.streambase.com/partners/.
About StreamBase
StreamBase's award-winning Stream Processing Engine, fueled by the standards-based next generation query language, StreamSQL™ and an Eclipse-based development environment, offers the fastest Complex Event Processing software for processing of real-time and historical data. With StreamBase and StreamSQL, enterprises can query, process, and analyze real-time and stored data at rates of up to hundreds of thousands messages/second. StreamBase’s combination of real-time performance, persistence, and programmability empowers enterprises in industries like financial services, telecom and networking, e-Business, government and military to solve new classes of business challenges in a more timely, scalable, and cost effective manner than custom-coding. StreamBase is headquartered in Lexington, Massachusetts with offices in New York, Washington, D.C., and London. A downloadable version of StreamBase's software is available at www.streambase.com.
