Back to TIBX
Bayer. GUVV Uses TIBCO Software to Support Greater Business Flexibility

MUNICH, GERMANY -- (Marketwire) -- 11/03/09 -- TIBCO Software Inc. (NASDAQ: TIBX) today announced that the Bavarian Municipal Accident Insurance Association (Bayer. GUVV) will use TIBCO's infrastructure software to easily connect its existing disparate IT systems for improved data exchange and to increase support and flexibility for reconfiguring back office business processes.

"Forging a SOA strategy is key to sustainable business agility," said Jürgen Renfer, head of IT at Bayer. GUVV. "The role of IT systems is to provide unparalleled support for key businesses processes through simplicity and robustness, eliminating unnecessary complexity. Our SOA project sprang forth from this very consideration," Renfer continued. "We chose TIBCO's solutions because they are vendor neutral and supported by an extremely large number of adapters, far more than in any other company."

Disparate systems are typically unable to communicate and exchange information with one another, making it nearly impossible to access customer data when and wherever it is needed most. Leveraging TIBCO's service oriented architecture (SOA) approach will enable Bayer. GUVV to increase process productivity through instant online access to accident processing and member contribution management data, which has been traditionally transferred through its various core systems via an overnight batch process. The option of transferring data records between both systems will also be made available without delay which has not been previously possible.

"The SOA project with Bayer. GUVV is a great example of the commitment to innovation in the public sector," said Fabio Pulidori, senior vice president, EMEA Field Operations, TIBCO. "Flexible interconnections between systems and applications with a view to delivering joint use of data and functions are at the heart of SOA creating numerous opportunities for process optimization. TIBCO is committed to helping customers achieve this vision using our solutions."

The Baden-Wuerttemberg Cooperative State University will be following the progress of the SOA implementation from an academic perspective featuring it as the subject of a future thesis. The University will determine the economic efficiency of the project, as well as produce viable scenarios for future process optimizations based on TIBCO's SOA approach.

TIBCO Software

In the 1980s, TIBCO technology digitalized Wall Street with its event-managed information bus software, which helped turn realtime business into a strategic advantage in the 1990s. Today, TIBCO's infrastructure software provides customers with the means to continuously develop and promote innovations. This is achieved by combining applications and data in a service-oriented architecture, streamlining processes via business process management and reaching quicker and more effective decisions by providing employees with the right information and tools. TIBCO calls this empowerment The Power of Now®. TIBCO has over 3000 customers worldwide. It has branches in 40 countries and a network of over 200 partners. For further information, please visit www.tibco.com.

TIBCO and TIBCO Software are trademarks or registered trademarks of TIBCO Software Inc. in the USA and/or in other countries. All other product and company names and brands mentioned in this document are property of their respective owners and are only mentioned for identification purposes.

Back to TIBX
Wikinvest © 2006, 2007, 2008, 2009. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki