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PALO ALTO, CA -- (Marketwired) -- 10/16/14 -- TIBCO Software Inc. (NASDAQ: TIBX), a global leader in infrastructure and business intelligence (BI) software, announced today that it is partnering with HP on its new Business Intelligence Modernization Services.

The production-scale analytics and event processing of TIBCO's Fast Data portfolio coupled with HP's services, technologies and architectures offers customers:

• A seamless combination of functions and technology for easy integration
• The ability to obtain a cost-effective, data-driven and agile enterprise
• The power of enterprise collaboration

Additionally, TIBCO and HP are uniquely positioned to address the emerging demands of Big Data and Fast Data by enabling customers to process vast amounts of structured and unstructured data in real time, and on an industrialized scale.

"Augmenting HP's HAVEn Big Data platform and consulting services with TIBCO's analytics and Fast Data platform makes it possible to provide best-in-class, real-time, closed-loop decision-making systems," said Matt Quinn, chief technology officer, TIBCO. "We are excited to partner with HP on this new service offering as it will create opportunities for our clients to benefit from Big Data and enhanced analytics. This will enable our clients to improve their customers' experience, reduce costs, risk and achieve a competitive advantage."

"HP has a strong focus in bringing clients flexibility, expanded features and options to modernize their Business Intelligence and accelerate their time to value," said Martin Risau, senior vice president, analytics and data management, HP Enterprise Services. "Our partnership with TIBCO will enable powerful analytics and compelling visualizations customized for exploratory analysis of Big Data and legacy sources, which are built on our reliable and comprehensive hybrid data management platform and integrated using open architectures."

For more information on HP BI Modernization services, http://hp.nu/AKnSL

Link to TIBCO BI Modernization Web pages http://spotfire.tibco.com/about-us/partners/partner-list/system-integrator/hp

Link to HP BI Modernization Web pages www.hp.com/services/BI-Modernization

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, 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.