Coral8 Unveils Next Generation CEP Platform That Brings Continuous Intelligence™ to the Enterprise

Enhanced Product Suite Powers “Live” Analytic Applications for Faster Decision Making and Business Execution

MOUNTAIN VIEW, Calif., October 20, 2008 -- Coral8, Inc., a leading provider of Complex Event Processing (CEP) software, today announced the availability of Coral8 Engine™ and Portal Release 5.5. The upgraded product suite includes significant new functionality that delivers Continuous Intelligence™ across enterprise networks for faster decision making and business execution. Coral8’s CEP platform enables companies to quickly deploy live analytic applications that provide up-to-the-moment business intelligence on market and trade data, online customer interactions, point-of-sale data, electronic transactions, RFID reads of asset or inventory movement, and service usage records and statistics

With more live data representing the changing state of the business on their network, enterprises are challenged with analyzing and delivering a constant flow of intelligence to front-line decision agents or to applications that will execute in-the-moment actions. Traditional options such as batch analytics and custom applications do not deliver intelligence fast enough or are too expensive. Coral8 is providing enterprises with a new way to make sense of a dynamic business environment that is increasingly influenced by global marketplaces, shifting customer attitudes and behavior, complex supply and distribution chains, and highly sophisticated services.

Decisions must keep pace with the urgency of modern business,” wrote James Kobielus, senior analyst at Forrester Research, Inc. in the August 2008 report Really Urgent Analytics: The Sweet Spot For Real-Time Data Warehousing. “Just as important, business executives and operations staff must have access to the most current information available so that they can have confidence in the validity of the actions they are about to take. Some business decisions are just too time-sensitive, and the stakes too high, to rely entirely on day-old analytics.”

The enhanced Coral8 CEP platform powers up-to-the-moment intelligence over tens of millions of discrete “live” information sets across many dimensions, measures and metrics. Coral8 Release 5.5 enables agile implementation of live analytic applications through:

  • Scalable, Continuous Analysis—Transforms large volumes of fast changing and historical data into live insights, delivering granular details that drive in-the-moment decisions, recommendations and actions
  • Integrated, Analytic Development Model—Supports fast implementation of live analytic data that is extensible and easy to change to meet the evolving business needs
  • Just-in-time Delivery Model—Allows information to be distributed to key decision agents in real-time or through existing business intelligence tools

"To gain an edge in the dynamic, global economy, enterprises need to deliver an ongoing analysis of corporate data that provides situational awareness directly to key front-line decision makers,” said Terry Cunningham, CEO of Coral8. “Coral8’s Continuous Intelligence™ interprets live data about markets, transactions, customers and operations. By combining live data with historical trends, Coral8 delivers a constant pulse of information that allows an organization to execute faster in the rapidly changing marketplace.”

Coral8’s next generation CEP platform powers large-scale live analytic data sets that can be maintained over long periods of time, queried over many dimensions, and accessed in many ways, including on-demand snapshots and queries. Key new features in Release 5.5 include:

  • Shared Windows—Enables large-scale analysis and dynamic querying of live data by representing different views in shadow Windows based off of master Windows
  • Subscriptions with Predicates—Supports wide distribution of data by allowing downstream clients to filter results based on the values in specific fields
  • “Snapshot-Plus” Queries—Allows queries that return a current result set from a Window, followed by any incremental changes to the Window
  • Easier-to-Use Web Interface—Features new charts and actions wizards in Coral8 Portal™, streamlining the execution of personalized web queries

Coral8 Release 5.5 takes the guess work out of delivering scalable live analytics applications. The powerful Coral8 Engine™ and advanced optimizer combine to deliver high throughput even at the complex workloads created by sophisticated analysis of large volumes of live data. Through highly optimized memory management and parallel execution, Coral8 Engine™ offers large-scale state management and cross-dimensional analysis across tens of millions of master information sets. Finally, Coral8 allows users to filter, aggregate, slice and dice data to suit their own needs.

By using Coral8 to power a broader array of analytic application styles, enterprises can drive increased revenue through faster trading in global marketplaces; optimize risk mitigation through earlier detection and elimination of risky positions or transactions; up sell customers through timely, personalized offers; improve customer satisfaction and reduce churn via proactive problem resolution; and offer higher degrees of service assurance through optimized product and service delivery.

About Coral8

Based in Mountain View, Calif., Coral8, Inc. is a leading provider of software for Complex Event Processing (CEP). Bringing together high-performance, innovative SQL-based programming language and enterprise-class features, Coral8 Engine™ is the fastest, lowest cost way to build and deploy powerful, sophisticated CEP applications. Coral8 is speeding the delivery of critical business information for customers worldwide, including Fortune 500 companies and global leaders within financial services, e-commerce, telecommunications, transportation, government and other rapidly growing vertical applications. For more information, visit www.coral8.com or call (650) 210-3810.

Media Contact

Jill Reed or Katy Garlinghouse
Schwartz Communications
(415) 512-0770
coral8@schwartz-pr.com

Anna Luo
Coral8, Inc.
anna@coral8.com
650-210-3819

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