Tibco Software

TIBCO Software Inc.

Type	Public (NASDAQ: TIBX)
Industry	Computer Software
Founded	1997
Headquarters	Palo Alto, CA
Key people	Vivek Ranadivé, founder, CEO, chairman
Products	Business software
Revenue	US ~920 Million (FY 2011)
Employees	2,283 (June 2010)
Website	www.tibco.com

TIBCO Software Inc. (NASDAQ: TIBX) is a provider of infrastructure software for companies to use on-premise or as part of cloud computing environments. TIBCO manages information, decisions, processes and applications in real-time for over 4,000 customers worldwide. It has headquarters in Palo Alto, California, and offices in North America, Europe, Asia, the Middle East, Africa and South America. The company's major commercial competitors are IBM and Oracle Corporation.

Corporate history

Teknekron Corp., which funded start-ups or "technology incubators," provided $250,000 in seed capital to Vivek Ranadivé in 1985 and in 1986 Teknekron Software Systems was born. It was spun off into an independent company in 1987. Frustrated by how software seemed to always under-deliver, while hardware was always on time and under budget, Ranadivé set out to build software based on the premise of a "Software Bus" (which later became known as "The Information Bus," a.k.a. TIB), where a "bus" is the standard data highway by which various elements – like a computer system such as the CPU, the memory, the I/O devices, etc. — communicate. This concept would allow for the "tight" coupling of applications.

In 1986, Teknekron embarked on a consulting project with Goldman Sachs to redefine the "trading floor of the future" applying this approach. In 1987, the first TIB — for the integration and delivery of market data such as stock quotes, news and other financial information — went live at Fidelity, followed by First Interstate Bank, then Salomon, eventually digitizing all of Wall Street. Teknekron was later acquired by Reuters in 1994 to expand its use of the Information Bus in the financial services markets. In January 1997, TIBCO Software Inc. was established as a separate entity to create and market software for use in the integration of business applications outside the financial services sector. In 1998, TIBCO Software released TIB/ActiveEnterprise suite. In July 1999, TIBCO went public on the NASDAQ Stock Market under the ticker symbol TIBX.

Products

TIBCO's products focus on fulfilling the company's vision for "Enterprise 3.0," in which technology delivers the right information in the right place at the right time with the right context, giving businesses and organizations a significant advantage in serving their customers and managing their operations. Working together, TIBCO's technologies aim to accelerate business processes and decisions based on real-time events and align technology to work in more natural, human, responsive ways that reflect how businesses really work. This helps address three critical requirements that TIBCO has identified for Enterprise 3.0 organizations:

1. Manage events on a massive scale
2. Develop and manage applications universally
3. Connect people to technology naturally

TIBCO ActiveMatrix

TIBCO ActiveMatrix is a technology-neutral platform designed to simplify the development, deployment and management of composite business process management (BPM) and service-oriented architecture (SOA) applications. The ActiveMatrix family includes products for service creation and integration, distributed service and data grids, packaged applications, BPM and governance.

TIBCO BusinessEvents

TIBCO BusinessEvents is complex event processing (CEP) software that enables organizations to identify meaningful patterns across their business. It does so by correlating massive volumes of data about discrete events and applying predefined rules to identify situations that require a response.

TIBCO Collaborative Information Manager

TIBCO Collaborative Information Manager is master data management (MDM) software that enables organizations to align enterprise master data across multiple business units, departments and partners and synchronize that information with downstream IT transactional systems.

TIBCO Silver

TIBCO Silver is an infrastructure platform designed specifically for building, deploying and managing cloud applications within enterprise IT environments. Silver includes BPM, composite application development and analytics products.

TIBCO Spotfire

TIBCO Spotfire is an analytics and business intelligence platform that allows customers to perform in-depth analysis on their data through the use of predictive and complex statistics.

TIBCO tibbr

TIBCO tibbr is a workplace communication tool designed to allow users to follow a range of granular subjects and machines, rather than just people. It is built using TIBCO Silver and is currently in beta.

TIBCO FTL

TIBCO FTL is an extreme-low-latency messaging technology that is meant for electronic trading of high performance algorithms on massively multi-core machines

TIBCO ActiveSpaces Datagrid

TIBCO ActiveSpaces Datagrid is a distributed elastic peer-to-peer transactional datastore implementing and expanding upon the TupleSpace concepts. It is infrastructure software that can be used to store, retrieve and query data stored into Spaces as well as for distributing in a true 'push' manner the changes to that data in real-time as they happen. It can be used as an alternative datastore (with ACID properties and query filtering criteria expressed as SQL-compatible stings), messaging system (or a combination of the two functionality) and can also be used to process large amounts of data in a distributed manner. It can store the data in-memory, on disk or as a combination of the two (i.e. memory being used as a transparent cache).

See also

• Enterprise Application Integration
• Business Process Management
• Enterprise Service Bus
• Business Analytics
• Service-Oriented Architecture
• Master data management
• Complex event processing

Acquisitions

TIBCO has acquired several companies to extend and enhance its technology offerings. Most notably:

• In 2002, TIBCO acquired Talarian, adding SmartSockets to its portfolio of high-performance messaging solutions.
• In 2004, TIBCO acquired Staffware for automating, integrating and dynamically managing business processes.
• In 2005, TIBCO acquired Objectstar, a mainframe integration solutions provider.
• In 2007, TIBCO entered the analytics business intelligence markets by acquiring Spotfire.
• In 2009, the company entered the grid computing and cloud computing markets with its acquisition of DataSynapse.
• On March 25, 2010, TIBCO acquired Netrics, a privately-held provider of enterprise data matching software products.
• On September 16, 2010, TIBCO acquired Proginet (file transfer).
• On September 23, 2010, TIBCO acquired OpenSpirit, an independent provider of data and application integration solutions for the exploration and production segment of the global oil and gas market.
• On December 8, 2010, TIBCO acquired Loyalty Lab Inc., an independent provider of loyalty management solutions. Headquartered in San Francisco, Loyalty Lab is a privately-held company with over 35 clients including many of the nation's largest retailers, hospitality chains, and consumer product manufacturers.
• On August 30, 2011, TIBCO acquired Nimbus a UK-headquartered provider of business process discovery and analysis applications that help companies drive adoption of business process initiatives.