TIBCO Identified as a Leader in Business Process Platforms by Independent Research Firm
TIBCO Software Inc. (NASDAQ: TIBX) has been named as a leader in IDC's 2011 ‘MarketScape: Business Process Platforms' assessment, receiving top scores for its overall product capabilities, technology platform, platform strategy and development environment.
Business Process Management (BPM) enables enterprises to understand, automate and optimize critical processes, allowing them to operate faster, more reliably and efficiently, reducing the time it takes to deliver new products or services and improving customer service levels. For many organizations, BPM is a key source of differentiation and competitive advantage in today's increasingly competitive, commoditized and regulated global business environment.
IDC's report presents an assessment of leading Business Process Platform vendors' offerings, using a balanced group of criteria to rate the strength of their respective strategies - including portfolio differentiation and innovation - and capabilities, including strength of technical platform and business level functionality.
Alongside top scores for its business process platform strategy, product capabilities, technology platform and development environment, TIBCO also received a high score for innovation, based on its strategy of building its business process layer on top of its services platform, and also rated above-average for its ability to help customers manage their costs through the use of BPM software.
"With over 1,000 customers and three million employees already using our BPM solutions worldwide, TIBCO BPM is a trusted industrial-strength offering, and proven to help businesses worldwide become more agile, efficient and effective," said Rourke McNamara, vice president of product and industry marketing, TIBCO. "IDC's rigorous assessment confirms the multiple strengths of TIBCO's BPM platform, and it expects TIBCO to be a strong offering both for enterprises purchasing comprehensive strategic BPM capabilities as well as for integration-intensive projects."
TIBCO offers an integrated portfolio that comprehensively governs all business services from design-time to run-time, and includes proactive performance and health monitoring of IT and business services. To find out more about TIBCO's BPM offerings, including the TIBCO Business Studio™ process modelling tool, TIBCO BPM Enterprise enterprise platform and TIBCO Silver™ BPM cloud delivery platform, visit: www.tibco.com/products/bpm/default.jsp
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, TIBCO Business Studio, TIBCO ActiveMatrix, TIBCO Silver, 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.