Contact Information: Media Inquiries Amy Groden-Morrison TIBCO Software Inc. 617-702-1710 http://spotfire.tibco.com Jim Baptiste Davies Murphy Group 781-418-2438 http://daviesmurphy.com
TIBCO Spotfire Positioned in Visionaries Quadrant in 2009 Business Intelligence Platforms Magic Quadrant
Independent Analyst Research Firm's Evaluation Based on Completeness of Vision and Ability to Execute
| Source: TIBCO Software Inc.
SOMERVILLE, MA--(Marketwire - January 26, 2009) - TIBCO Software Inc. (NASDAQ : TIBX ) today
announced it has been positioned in the Visionaries quadrant in Gartner,
Inc.'s recently released Business Intelligence Platforms 2009 Magic
Quadrant.(1) Vendors were evaluated based on their completeness of vision
and ability to execute.
According to Gartner, "BI is a vital competitive tool of increased
importance in an environment where doing business more smartly, in order to
maximize share of the reduced revenue in circulation, is a necessity." The
TIBCO Spotfire Enterprise Analytics platform enables every user in the
enterprise to gain more insights from the data they work with every day.
"Adoption of traditional business intelligence platforms has been hampered
by the lack of deep integration with business processes and reliance on
typically static information in the data warehouse. Especially in today's
challenging economic environment, an organization's ability to quickly find
new insights across a broad range of users and processes can mean the
difference between success and failure. By combining industry-leading
business process management, complex event processing and enterprise
analytics software, TIBCO is uniquely positioned to offer customers the
ability to rapidly discover new insights in the data they work with every
day," said Lars Bauerle, Vice President of Product Management, Spotfire
Division, TIBCO Software Inc.
"The relationship between BI and the greater enterprise software
infrastructure, including BPM and BAM, will only grow as competitive
businesses require the right decisions be made at critical times based on
accurate, timely information. TIBCO is positioned to offer enterprises the
whole spectrum -- from data capture and streaming to data analysis and
interactive reporting -- on a single, flexible platform. We're taking best
of breed products and drawing common threads among them that enable our
customers to quickly sense and respond to their industry-specific
requirements," Bauerle continued.
Before Spotfire®, the ability for business professionals to discover
insights in the information they work with daily was limited by backlogs
for static reports from traditional BI systems or by ubiquitous and
overwhelming spreadsheets. With the comprehensive Spotfire platform,
enterprises can eliminate these issues by using the extensive customization
capabilities to make analysis a part of any business process, then
broadcast personalized and updated data to information consumers
automatically.
The "Magic Quadrant for Business Intelligence Platforms" report is
available for purchase directly from Gartner.
About Gartner's Magic Quadrant
The Magic Quadrant is copyrighted 2009 by Gartner, Inc. and is reused with
permission. The Magic Quadrant is a graphical representation of a
marketplace at and for a specific time period. It depicts Gartner's
analysis of how certain vendors measure against criteria for that
marketplace, as defined by Gartner. Gartner does not endorse any vendor,
product or service depicted in the Magic Quadrant, and does not advise
technology users to select only those vendors placed in the "Leaders"
quadrant. The Magic Quadrant is intended solely as a research tool, and is
not meant to be a specific guide to action. Gartner disclaims all
warranties, express or implied, with respect to this research, including
any warranties of merchantability or fitness for a particular purpose.
About TIBCO
TIBCO Software Inc. (NASDAQ : TIBX ) is a leading provider of enterprise
analytics software for next generation business intelligence. TIBCO
Spotfire products offer a visual and interactive experience that helps
professionals quickly discover new and actionable insights in information.
Distinguished by its speed to insight and adaptability to specific business
challenges, Spotfire rapidly reveals unseen threats and new opportunities,
creating significant economic value. Spotfire customers include industry
leaders among the Global 2000 that have deployed Spotfire analytics to gain
an information advantage over their competitors. For more information,
visit http://spotfire.tibco.com.
TIBCO, TIBCO Software, TIBCO Spotfire and Spotfire are trademarks or
registered trademarks of TIBCO Software Inc. or its subsidiaries in the
United States and/or other countries. All other product and company names
and marks mentioned in this document are the property of their respective
owners and are mentioned for identification purposes only.
(1) Gartner, Inc., "Magic Quadrant for Business Intelligence Platforms,"
1Q09, J. Richardson, K. Schlegel, R. Sallam, B. Hostmann, January 16, 2009