TIBCO Positioned in Leaders Quadrant in Latest Business Process Management Suites Magic Quadrant
TIBCO Software Inc. (NASDAQ: TIBX) today announced that it has been positioned in the Leaders quadrant of Gartner Inc.'s February 2009 "Magic Quadrant for Business Process Management Suites"1 report. Inclusion criteria for vendors in the Magic Quadrant include fulfilling all BPMS capabilities defined by Gartner, and providing references that demonstrate industry and geographic diversity.
In this report, Gartner defines leaders as vendors who "offer products and services that best enable all the use cases and have customer references for each. These vendors relentlessly focus on increasing the participation of business roles in process improvement efforts by enabling explicit, model-driven approaches, rather than traditional coding. Leaders' products and services especially focus on business process analysts working alongside process owners to transform processes. They enable the highest level of collaboration among business and IT professionals, from the design and modeling phase through execution and optimization…In addition, as a group, leaders exhibit superior sales and marketing execution. Many leaders exhibit strong innovation in their products, business models, and consulting and educational services. Many of these vendors have introduced new SaaS offerings and BPO alliances, and are developing their partner ecosystems to support a BPP. We anticipate that these vendors will continue to be leaders through 2011, as interest in BPMS continues to grow, companies expand investments in continuous process improvement and formalize their BPP."
As enterprises seek to optimize business processes, decisions, and actions, they are increasingly turning to products such as TIBCO's Business Process Management (BPM) solution, TIBCO iProcess™ Suite which is built on an open architecture and delivers end-to-end process management that encompasses modeling, design, deployment and execution.
"We believe TIBCO's position in the Leaders quadrant is a direct result of the value we provide to thousands of customers using our BPM offerings," said Rourke McNamara, director of product marketing at TIBCO. "TIBCO's leadership is demonstrated by our ability to execute and deliver flexible, end-to-end business process solutions that enable companies to move seamlessly from modeling through to execution to quickly unlock business value and realize greater business agility."
Download Free TIBCO Business Modeling Software
TIBCO offers several valuable online BPM resources, including practical tips and techniques, video tutorials and webinars that are all designed to help users quickly get up and running with TIBCO's award-winning TIBCO Business Studio™. TIBCO Business Studio addresses the market need for a fully-functional modeling environment for use by non-technical business users in a variety of vertical industries. Because it is standards-compliant with support for BPMN and XPDL, models created can be easily shared or implemented by a variety of users. These online resources, along with the TIBCO Business Studio download are available for free at: www.tibco.com/devnet/business_studio/default.jsp.
About the 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.
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 Business Studio and TIBCO iProcess Suite 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.