What are business events used for in Mule applications?

Business events in Mule applications serve the purpose of collecting key performance indicators (KPIs) related to the application's operation and performance. These events enable organizations to track and analyze critical metrics that reflect the health and efficiency of their business processes. By capturing data regarding specific occurrences or milestones within the application, teams can make informed decisions based on real-time insights and enhance their operational strategies.

In the context of monitoring and performance evaluation, business events provide a structured way to gather and analyze data that aligns with business objectives. This allows for better visibility into how well applications are performing in relation to the expected outcomes and helps in identifying areas for improvement. Therefore, utilizing business events for KPI collection is essential for enabling a data-driven approach to application management.