Contact Information: Media Contacts: Allison Witherspoon TIBCO Software Inc. (650) 846-5760 awithers@tibco.com Emilia Palaveeva Weber Shandwick for TIBCO (425) 452-5489 epalaveeva@webershandwick.com
Independent Research Firm Names TIBCO BusinessEvents 3.0 a Leader in Complex Event Processing Platforms
TIBCO Earns Highest Score for Strategy, Runtime Architecture and Platform Administration Categories
| Source: TIBCO Software Inc.
PALO ALTO, CA--(Marketwire - August 11, 2009) - TIBCO Software Inc. (NASDAQ : TIBX ) today
announced that Forrester Research, Inc. has recognized TIBCO's Complex
Event Processing (CEP) offering -- TIBCO BusinessEvents™ 3.0 -- as a
leader in the August 2009 Forrester Wave: Complex Event Processing
Platforms, Q3 2009.
TIBCO BusinessEvents 3.0 uses a model-driven approach to collect, filter
and correlate events to deliver real-time operational insight. With a
unique user interface, business users are able to identify and quantify the
impact of events, ultimately enabling the customer to capitalize on
opportunities, remediate threats and make timely, well-informed decisions.
According to the report, TIBCO Software has one of the largest rosters of
CEP customers. "The company has succeeded with CEP by selling it as an
add-on to its enterprise integration products. TIBCO BusinessEvents has
strong product features... its road map includes a new Eclipse-based
development environment, a new data grid, expanded dashboard and analysis
tools, additional business rules modeling and management features, new
tools for business analysts, and expanded monitoring and management
tools."(1)
"We are honored to receive this recognition in Forrester's first evaluation
of CEP technologies," said Ram Menon, executive vice president, Worldwide
Marketing, TIBCO. "TIBCO recognized early on the value of providing
real-time, operational insight to customers, enabling them to adapt 'on the
fly' as opportunities and challenges arose. We are committed to the ongoing
research and development required to ensure our CEP offering meets the
growing customer demand for a proven, innovative business optimization
solution."
This honor adds to a host of awards including the Intelligent Enterprise
Awards and the Waters Magazine Rankings where TIBCO BusinessEvents was
chosen as the best CEP software by publication readers and CEP software
buyers and end-users. TIBCO BusinessEvents has also been recognized by a
variety of independent analysts, such as IDC and Bloor Research.
Forrester evaluated the strengths and weaknesses of nine vendors competing
in the market today, using a combination of three data sources -- hands-on
lab evaluations, vendor surveys and customer reference calls. More
information about the report and related research is available at
http://www.forrester.com.
About TIBCO
TIBCO's technology digitized
Wall Street in the '80s with its event-driven "Information Bus" software,
which helped make real-time business a strategic differentiator in the
'90s. Today, TIBCO's infrastructure software gives customers the ability to
constantly innovate by connecting applications and data in a
service-oriented architecture, streamlining activities through business
process management, and giving people the information and intelligence
tools they need to make faster and smarter decisions, what we call The
Power of Now®. TIBCO serves more than 3,000 customers around the world
with offices in more than 20 countries and an ecosystem of over 200
partners. Learn more at www.tibco.com.
TIBCO, TIBCO Software, TIBCO BusinessEvents, and The Power of Now are
trademarks or registered trademarks of TIBCO Software Inc. 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) Source: Forrester Wave™: Complex Event Processing (CEP Platforms),
Q3 2009, by Mike Gualtieri and John R. Rymer, August 2009.