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
TIBCO Software Inc. (NASDAQ: TIBX) today announced that Forrester Research, Inc. has recognized TIBCO's Complex Event Processing (CEP) offering – TIBCO Business Events™ 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.
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 and TIBCO BusinessEvents 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.