TIBCO Named SOA Governance Market Share Leader by Independent Research Firm
TIBCO Software Inc. (NASDAQ: TIBX) today announced that it has been identified as leader in the SOA Governance segment, by market share for 2010, in Gartner Inc.'s "Market Share: All Software Markets, Worldwide, 2010."
Service-Orientated Architecture (SOA) Governance Infrastructure aims to ensure greater return on investment from enterprise SOA projects through increased reusability and flexibility of business services. It is one of the fastest growing segments within the Application Infrastructure and Middleware market, and is expected to continue to grow at a compound annual rate of 8.3% over the next five years, according to Gartner.
With growth in SOA Governance revenue of over 70% year on year between 2009 and 2010, 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.
"At a time when businesses are increasingly recognizing the cost and flexibility benefits that SOA delivers to an organization, the market is attracted to the strength of TIBCO's SOA Governance offering," said Rourke McNamara, vice president of product marketing, TIBCO. "With our integrated SOA governance portfolio, TIBCO's goal is to help enterprises deliver on the promise of SOA by simplifying the publishing, discovery, reuse and changing of services, to increase the return on investment they see from their SOA projects."
TIBCO's ActiveMatrix SOA Governance offering integrates extensively with the company's leading Business Integration, Business Process Management, Master Data Management and Complex Event Processing offerings, as well as third party technologies. For more information visit: www.tibco.com/products/soa/governance/.
Source: Gartner, Inc. Market Share: All Software Markets, Worldwide, 2010, Colleen Graham et al, March 30, 2011.
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.
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