TIBCO Positioned as A "Leader" in Gartner's Magic quadrant for Master Data Management for Customer and Product data solution



12 November, 2013


TIBCO Software Inc. [NASDAQ: TIBX] today announced it has been positioned by Gartner, Inc. in the "Leaders" quadrant in both the "Magic Quadrant for Master Data Management of Customer Data Solutions" report, published October 17, 2013 by Bill O'Kane and Saul Judah and "Magic Quadrant for Master Data Management of Product Data Solutions" report, published November 6, 2013 by Andrew White and Bill O'Kane.

According to Gartner's October 2013 report titled, "Magic Quadrant for Master Data Management of Customer Data Solutions" by Bill O'Kane and Saul Judah, Gartner views Master Data Management (MDM) "as a technology-enabled discipline in which business and IT teams work together to ensure the uniformity, accuracy, stewardship, semantic consistency and accountability of their enterprise's official, shared master data assets."

"We differentiate by providing a unified MDM platform that delivers unique multi-domain capabilities that enables TIBCO to support a broad functional spectrum between Customer and Product Data," said, Matt Quinn, chief technology officer, TIBCO. He also noted that "as customers expand their MDM initiatives, TIBCO's platform does more than just solve a known set of use cases; it empowers customers with the flexibility to address a wide variety of future use cases in multiple data domains."

TIBCO® MDM is an event-driven solution designed specifically for fast-paced, multi-party, and multi-tier distribution environments. Combining an extensible master data repository and real-time data synchronization with a robust rule-based workflow engine, this solution can quickly comply with ever-changing requirements, while automating existing manual business processes involved with managing master data.

TIBCO continues to invest substantially in new ways of offering business value to its customers. At TIBCO's recent annual users' conference, TUCON®, it announced its launch of TIBCO® Cloud MDM, which will be available to customers by the end of 2013.

For more information about TIBCO please visit: www.tibco.com or to download the full Gartner reports, please visit "Magic Quadrant for Master Data Management of Consumer Data Solutions" and "Magic Quadrant for Master Data Management of Product Data Solutions".

About the Magic Quadrant

Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

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, TUCON and TIBCO Software are trademarks or registered trademarks of TIBCO Software Inc. in the United States and/or other countries. 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.

TIBCO Software Inc.

Lloyd Berry

Public Relations

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