TIBCO Software Acquires Extended Results
Palo Alto, Calif., September 18, 2013 - TIBCO Software Inc. (NASDAQ: TIBX) today announced it has acquired Extended Results, a privately-held provider of mobile business intelligence software and services. Extended Results makes business intelligence personal by presenting up-to-date key performance indicators on virtually any mobile device, whether online or offline.
Extended Results' operational monitoring capabilities are a powerful complement to TIBCO Spotfire® as well as to TIBCO's event-enabled infrastructure, cloud, loyalty and social software platforms.
Companies are consistently unable to extract true value from their existing BI and data warehouse investments because information is buried in reports and dashboards which are not truly optimized for decision makers. With the consumerization of IT and increasingly mobile workforces, employees expect immediate access to accurate, timely information wherever they are. By combining the Extended Results PushBI™ product and Spotfire, TIBCO customers are able to unlock the value of their existing BI and data warehouse investments by extending the reach out to the last mile of their organization – onto the mobile devices of all their knowledge workers.TIBCO is providing beautiful insight into operations for today's BYOD world.
"By combining Extended Results' mobile business intelligence technology withthe market-leading Spotfire analytics and data discovery platform, we enable everyday business users to manage by exception and take action immediately when critical business metrics change," said Matthew Quinn, Chief Technical Officer, TIBCO. "With this powerful addition to our platform, executives, operational managers and employees in the field will always have fingertip access to the information that is most important to them."
About Extended Results
Extended Results delivers end-to-end Technology and Business Intelligence services and solutions using a proven methodology that combines business knowledge, technical expertise, and an in-depth creative application experiences. We help our customers and partners discover and implement high value business intelligence solutions that generate rapid, meaningful, and measureable results. Extended Results enables the successful adoption, deployment and use of business intelligence solutions and technologies for all customers, from the individual to the enterprise.
TIBCO Software Inc. (NASDAQ: TIBX) is a provider of infrastructure software for companies to use on-premise or as part of cloud computing environments. Whether it's optimizing claims, processing trades, cross-selling products based on real-time customer behavior, or averting a crisis before it happens, TIBCO provides companies the two-second advantage® – the ability to capture the right information at the right time and act on it preemptively for a competitive advantage. More than 4,000 customers worldwide rely on TIBCO to manage information, decisions, processes and applications in real time. Learn more at www.tibco.com.
# # #
TIBCO, Two-Second Advantage, Spotfire, PushBI, Extended Results, and TIBCO Software 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.