Complex event/stream processing vendor Coral8 raised its hand and offered a briefing – non-technical, alas, but at least it was a start. Here are some of the highlights:
- Like StreamBase, they do complex event/stream processing in a SQL-based language. They fondly think they did this before StreamBase. They further think their language is currently richer than StreamBase’s. They’re not as optimistic about industry language standardization as Mike Stonebraker is.
- Like every other vendor I’ve talked with in this space, they’re proud of their app dev tools.
- They don’t have a government division. Hence, no classified/intelligence business to date. They also didn’t start out by attacking the financial services business. However, algorithmic trading is their hottest area now, largely via a partnership with an outfit called Wombat.
- Their other leading business is web clickstream analysis.
- They identify three further significant market areas, all via OEMs – RFID, security/network processing, and “generic infrastructure.” RFID is of course limited by general RFID adoption. But stay tuned for partnerships – i.e., Coral8 embeddings — with humongous app vendors. Security/network processing is, presumably, self-explanatory. “Generic infrastructure” is, for example, embedding into messaging middleware.
- Like Apama, they mention fraud detection as an application area. That makes sense, since it clearly has a real-time aspect.
- One cool app (at Sallie Mae, which seems to generally be a flagship customer) is to capture information about an abandoned web site visit and immediately send it to the call center apps, so as to better serve the customer who picked up the phone and dialed in frustration. Some of the application details mentioned sounded very nice indeed.
- They seem to handle XML natively. When I asked whether there was much XML that didn’t originate in relational databases, they assured me there was. One example is PFML, a Wall Street derivatives standard. They have a lovefest with IBM/DB2 in connection with their XML capabilities.