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WIKI ANALYSIS
TIBCO Software Inc. (TIBCO) offers business integration (BI) software and business process management (BPM) software that enables real-time business. TIBCO provides software that enables interoperability between applications and information sources, coordinates processes that span systems and people. The Company’s products are licensed by companies worldwide in diverse industries. The Company offers a range of software products that can be sold individually to solve specific technical challenges. TIBCO’s professional services offerings include a range of consulting services, such as systems planning and design, installation and systems integration for the rapid deployment of TIBCO products.
TIBCO unveiled a series of products and services that target service performance management, and that leverage the insights that managed complex events processing [CEP] provides. These complex events processing and service performance management find common ground -- to help provide a new level of insurance against failure for SOA and for enterprise IT architects.
TIBCO Products
TIBCO offers a wide range of software products in four major areas: SOA (Service-Oriented Architecture), BPM, business optimization and MDM (Master Data Management). [1]
- SOA: SOA software enables organizations to migrate their IT infrastructures to SOA by turning information and functions into discrete and reusable components that can be invoked from across the business and aggregated with other such services to create "composite applications." This helps companies streamline the integration and orchestration of assets across technological, organizational and geographical boundaries.
- BPM: BPM software enables the automation and coordination of the assets and tasks that make up business processes. This software can coordinate the human and electronic resources inside a business and its network of customers and partners.
- Business optimization: This software automatically routes information to appropriate recipients, allows users access to up-to-date information whenever they need it, and provides users with the ability to analyze and act on information. It also tracks large volumes of real-time events as they occur and applies sophisticated rules in order to identify patterns that signify problems, threats and opportunities, and can automatically initiate appropriate notifications or adaptation of processes.
- MDM: MDM software enables organizations to align enterprise master data (such as product, service, customer or vendor data) across multiple systems and departments, as well as with customers and trading partners. Our software also enables organizations to ensure that the necessary processes, policies and procedures are put in place to support the continuous addition, deletion and modification of information. This helps organizations reduce errors, increase the efficiency of their business activities and accelerate critical processes such as new product introductions, service provisioning, sales processes and customer service.
- TIBCO Software (TIBX), on 17th Feb announced its beefed-up ActiveMatrix 2.0, which aims to simplify building and managing service-oriented architectures (SOAs).
This latest release adds BusinessWorks, which is available either in standalone mode or as a container hosted in the ActiveMatrix infrastructure, and Service Bus, a new lightweight enterprise service bus [ESB], that helps integrate services while using content or context-based routing.
Trends and Forces
Complexity of the Service Oriented Architecture
Myriad unpredictable demands are being placed on enterprise application services as Service Oriented Architecture [SOA] grows in use. The way TIBCO handles far-flung deployment infrastructure adapt and the disparate components perform so that complex business services meet their expectations in the real world will be a judge of how successful the company will be in the real world.
Competitions
TIBCO faces strong competitions from larger software companies, such as International Business Machines (IBM), Microsoft (MSFT), Oracle (ORCL), and SAP AG (SAP). It also competes with smaller software vendors of its size, that have similar product lines, such as BEA Systems (BEAS) and Sybase (SY). [2]
Footnotes
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