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PALO ALTO, CA -- (Marketwired) -- 05/13/14 -- TIBCO Software Inc. (NASDAQ: TIBX) today announced that IDC has named TIBCO a leader in the new IDC MarketScape for Business Process Platforms (BPP) 2014 Vendor Assessment, as well as a disruptive innovator in process automation.
Following an extensive evaluation of 22 vendors, only 10 were selected to participate in the MarketScape for Business Process Platforms. The research study focuses on sophisticated offerings that address enterprise-level strategic and transformational process improvement as well as departmental innovation initiatives.
TIBCO was recognized to be a leader because of strong scores across all 13 categories evaluated and, as the report states, because of: "TIBCO's end-to-end focus on event-driven BPM, particularly the ability to use ActiveMatrix® BPM to dynamically render a user interface, its support of case management style applications, and its integration with its rules-oriented, event processing software to provide highly scalable real-time, decision-centric automation."
"Being named a leader, as well as a disruptive innovator in the IDC MarketScape for Business Process Platforms, affirms our vision and strategy for TIBCO ActiveMatrix BPM and its compelling role within the TIBCO platform," said Inderjeet Singh, senior vice president and general manager, products and technology, TIBCO. "We believe that event-driven processes and fast data are necessary to drive innovation in business operations and bring along the transformational power of delivering insight into what's happening right now."
Based on IDC's evaluation, customer praise, and partner feedback, TIBCO's position as a leader and disruptive innovator was attributed to the following:
For more information, download the IDC MarketScape for Business Process Platforms (BPP) 2014 Vendor Assessment and the TIBCO Profile for IDC MarketScape: Business Process Platforms.
Sources:
About IDC MarketScape:
IDC MarketScape vendor analysis model is designed to provide an overview of the competitive fitness of ICT (information and communications technology) suppliers in a given market. The research methodology utilizes a rigorous scoring methodology based on both qualitative and quantitative criteria that results in a single graphical illustration of each vendor's position within a given market. IDC MarketScape provides a clear framework in which the product and service offerings, capabilities and strategies, and current and future market success factors of IT and telecommunications vendors can be meaningfully compared. The framework also provides technology buyers with a 360-degree assessment of the strengths and weaknesses of current and prospective vendors.
About TIBCO
TIBCO Software Inc. (NASDAQ: TIBX) is a global leader in infrastructure and business intelligence software. Whether it's optimizing inventory, cross-selling products, or averting crisis before it happens, TIBCO uniquely delivers the Two-Second Advantage® -- the ability to capture the right information at the right time and act on it preemptively for a competitive advantage. With a broad mix of innovative products and services, TIBCO is the strategic technology partner trusted by businesses around the world. Learn more about TIBCO at www.tibco.com.
TIBCO, Two-Second Advantage, ActiveMatrix, Nimbus, and TIBCO Software are trademarks or registered trademarks of TIBCO Software Inc. or its subsidiaries 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.
Media Contact:
Leslie Moore
TIBCO Software Inc.
(650) 846-5025
lmoore@tibco.com
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