Company Overview

“TIBCO Software Inc. (NASDAQ: TIBX) is a global leader in infrastructure and business intelligence software. Whether it's optimizing inventory, cross-selling products, or averting crisis before it happens, TIBCO uniquely delivers the Two-Second Advantage ® – the ability to capture the right information at the right time and act on it preemptively for a competitive advantage. With a broad mix of innovative products and services, TIBCO is the strategic technology partner trusted by businesses around the world.”

You’ve probably come in contact with TIBCO, you just may not know it yet.

Anyone who has traded stock, shopped at a major retailer, used a smart phone, gambled at a casino, ridden on a train, shipped a package, or flown on a plane has been touched by TIBCO Software Inc.

“If TIBCO stops, the world stops,” says Vivek Ranadivé, our founder, chairman, and CEO.

1986

Teknekron Software Systems founded by Vivek Ranadivé, introducing The Information Bus (TIB® technology) that would revolutionize Wall Street trading.

1987

Teknekron Software Systems becomes an independent company.

1989

Teknekron files patent application for Publish-Subscribe, a messaging technology that paved the way for TIBCO's record-breaking, low-latency messaging solutions. Application later issued as U.S. Patent No. 5,187,787.

1989

First TIB product – The Information Bus for the integration and delivery of market data— goes live at Fidelity Investments, then First Interstate Bank and Salomon Brothers, eventually digitizing the rest of the world’s capital securities markets.

1992

Develops MarketSheet, a real-time, user-personalized portal product leveraging TIB technology widely used in securities trading.

1993

Teknekron takes out full-page ad in Wall Street Journal announcing its 55% of share of market data distribution on securities trading floors compared to Reuters’ 30%.

1993

Reuters announces Teknekron acquisition for $125 million.

1994

Ed Zander, then President of Sun Microsystems, announces Java at fourth annual Teknekron user conference, Strategic Directions.

1994

Introduces TIBCO Rendezvous®, a low latency messaging and data distribution solution used by businesses in industries ranging from logistics and manufacturing and widely adopted by securities trading floors.

1995

Builds Intuit’s Quicken® Financial Services based on MarketSheet.

1996

Changes company name to TIBCO, Inc. reflecting the TIB technology.

1997

Reuters spins off a portion of TIBCO, Inc. to Vivek Ranadivé who establishes TIBCO Software as a separate entity to bring TIBCO® technologies to solve business challenges outside of capital markets.

1997

Cisco takes minority equity stake in TIBCO and furthers joint development of open standard for delivering subscriber-sensitive network capabilities.

1999

Grows to nearly $100 million in annual revenue within first three years and goes public on NASDAQ under ticker symbol TIBX.

1999

At annual TIBCO user conference, Strategic Directions, then Microsoft CEO Steve Ballmer predicts the proliferation of non-PC, Internet-connected devices and online collaboration.

1999

Yahoo! licenses TIBCO's real-time infrastructure Rendezvous software to deliver real-time market data, news, and internal data on a single screen. TIBCO's infrastructure enables the presentation of custom Yahoo! web solutions that integrate external and internal content.

1999

Vivek Ranadivé publishes his first book, The Power of Now, with a foreword by Sun Microsystems' co-founder Scott McNealy which later makes New York Times business bestseller list.

2001

eBay chooses TIBCO integration solutions to integrate its production and search databases, among other applications, to raise the value and currency of its content.

2001

Releases TIBCO Enterprise Message Service, the first enterprise-ready messaging product built on the Java Messaging Standard, later adopted by leading businesses.

2001

Releases version 1.0 of TIBCO BusinessWorks, which would become a leading integration platform used by the world’s largest businesses.

2002

Acquires Talarian Corp and reinforces its leadership in high-performance messaging solutions.

2004 Acquires Staffware and gains a distinguished Business Process Management (BPM) platform.
2004

Changes name of annual TIBCO user conference from Strategic Directions to TUCON®.

2005

Vivek Ranadivé wins Wharton Infosys Business Transformation Awards (WIBTA) 2005 Technology Change Agent Award for North America which rewards IT innovations having broad impact.

2005

Launches TIBCO BusinessEvents®, expanding predictive business capabilities.

2005

Acquires Velosel Corp., adding master data management capabilities.

2006

Vivek Ranadivé publishes second book, The Power to Predict, with foreword from FedEx founder Frederick W. Smith exploring how companies can break new ground in their quest to anticipate customers' needs, capture new opportunities, and predict and avoid problems, which later becomes a global best seller.

2007

Acquires Spotfire, Inc., and gains advanced business intelligence tools.

2007

Informatique, the major IT magazine of France, features TIBCO in cover story about SOA and as forming the integration backbone for airline merging AirFrance and KLM.

2009

Citibank Hong Kong honored with 2009 Banker Innovation Award for ground-breaking use of TIBCO real-time solutions.

2009

Unveils tibbr®, now an industry leading enterprise social network.

2009

Releases TIBCO ActiveSpaces® 1.0, distributed in-memory data grid.

Announces TIBCO FTL®, the industry’s fastest messaging solution, later adopted by global brokerages and financial and commodity exchanges including the CME Group.

2010

Acquires OpenSpirit Corp. and gains an integration middleware solution for the oil and gas industry.

2010

Acquires Loyalty Lab, Inc. and gains an innovative platform for running advanced loyalty programs.

2011

Vivek Ranadivé publishes third book, The Two-Second Advantage: How We Succeed by Anticipating the Future–Just Enough, which reveals how our understanding of human mastery is being applied to the way computers "think", later becoming a New York Times bestseller.

2011

Acquires Nimbus Partners and gains a sophisticated process management platform.

2012

Acquires LogLogic, Inc. and gains a leading log management platform.

2013

Acquires Maporama Solutions and adds location analytics to TIBCO Spotfire®

2013

Acquires StreamBase Systems, expanding our event processing capabilities.

2013

Citibank Brazil wins WfMC’s 2013 Global Award for Excellence in BPM and Workflow with TIBCO ActiveMatrix® BPM

2013

Acquires Extended Results, and gains an advanced platform for delivering business intelligence to mobile devices.

2013

Wins Bronze Stevie for Company of the Year in 11th Annual American Business Awards.

2013

Crosses $1 billion in annual revenue.

2014

Beginning a new growth journey, launches new brand identity and renames annual TIBCO user conference to TIBCO Now.

2014

Acquires Jaspersoft Corp and gains an open source business intelligence (BI) and reporting software.

TIBCO provides the backbone that moves information for more than 4,000 of the world’s largest and most important companies, including 100 of the Forbes 100, in almost every industry. Now a $1 billion-a-year enterprise, we started as a messaging company and became the backbone of Wall Street because we could deliver information in real time with low latency. This ability is still the glue. Today, we move more information in a day than Twitter does in a month, helping businesses and government agencies manage and leverage data that will create the path to survive and thrive in the age of change.

In today’s data-driven economy, Big Data is important, but it has a shelf life where its value depreciates over time.

TIBCO turns organizations into leaders by allowing them to:

  • Increase revenue by redefining the way they manage marketing campaigns and perishable inventory in real time, based on a deep customer understanding, combined with contextual and personalized conversations with each customer through social networking.
  • Improve operational efficiency by contextually enabling and optimizing the use of their assets to serve business needs on the fly, all while complying with other mandates, such as lowering energy consumption.
  • Venture into new business territories by creating innovative and differentiating services based on unique understanding of their most important asset: data.
  • Mitigate risks by identifying threats before they occur and taking preventive action.

Among the ubiquitous forces of Big Data, cloud, mobile and social, TIBCO offers our customers the unique value of Fast Data. While rapid business changes impact every industry, all around the globe, TIBCO’s real-time answer lies at the epicenter of it all.

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