Microsoft eyes CEP market

It's no secret that Microsoft aims to be an essential player in the enterprise market, especially the financial enterprise. To that end, it will soon start testing a complex event processing technology with several financial services firms. It aims to launch a product in 2010. It has picked off a good niche to showcase its efforts. CEP remains a front-burner issue across the financial services industry technology spectrum.

Microsoft aims to make a splash in part with very competitive pricing. The new CEP tool is being developed by the Microsoft's SQL Server Group; obviously it will leverage the full range of Microsoft development products. Which are widely used. Certainly, Microsoft will have a size advantage against the smaller competitors, like Aleri and Progress Software. But we're seeing lots of big companies jump in. Indeed, Securities Industry News suggests that the launch of similar initiatives by Oracle and IBM really kick started the Microsoft effort. Right now, we can comfortably assert that this is good news for companies that currently use Microsoft development tools. 

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