Tibco Software

Infobox_Company
company_name = TIBCO Software Inc.
company_
company_type = Public (NASDAQ: [http://news.nasdaq.com/news/newsHeadlines.aspx?&kind=&mode=stock&symbol=TIBX`&selected=TIBX`&FormType=&mkttype=&pathname=&page=news TIBX] )
company_slogan = The Power of Now
foundation = 1985
location = Palo Alto, CA
revenue = US $577.39 million (2007)
industry = Computer Software
products = Business software
homepage = [http://www.tibco.com/ www.tibco.com]
num_employees = 1900 (April, 2008)
key_people = Vivek Ranadive, founder, CEO, chairman

TIBCO Software Inc. is a software company, with headquarters in Palo Alto, California.

TIBCO Software Inc. develops software that enables a range of applications, databases, and platforms used by companies to work together. TIBCO’s products are branded as integration software, the middleware that joins systems within a business and connects the business's software to outside suppliers, vendors, and customers. Integration software is looked upon as an essential piece of operating a business online. TIBCO serves companies in the energy, manufacturing, retail, healthcare, and financial services industries. The company operates on a global level, with two dozen offices including North America, Europe, Asia, the Middle East, Africa and South America. TIBCO is a recognized leader in business process management and business integration software [cite journal
author = Connie Moore
year = 2006
month = February
title = The Forrester Wave™: Human-Centric Business Process Management Suites, Q1 2006
journal = Forrester Research, Inc.
quote =
doi =
volume =
pages = ] .

The company's major commercial competitors are IBM [cite journal
author = Michael Vizard
year = 1999
month = November
title = TIBCO to Challenge IBM Portal Play
journal = InfoWorld
quote =
doi =
volume =
pages = 12] , Oracle Corporation, Sun Microsystems and SAP AG. They also face growing competition from various open source communities such as JBOSS, Mule (software), ServiceMix and OpenESB.

Products

According to the company website, TIBCO develops solutions for the following: Application Integration, B2B Integration, Business Activity Monitoring, Business Intelligence, Business Process Management, Complex Event Processing, Data Integration, Enterprise Service Bus, Mainframe Integration, Master Data Management,
Messaging, Rich Internet Application, SOA, System Monitoring and Management.

History

Vivek Ranadive, described as "a true visionary in a valley full of seers [cite journal
author = Information Age
year = 2004
month = August
title = The Renaissance of TIBCO
journal = Information Age
quote =
doi =
volume =
pages = ] ," founded the company as Teknekron Software Systems in 1985 as a subsidiary of technology incubator Teknekron Corporation. Vivek also invented the patented Subject Based Addressing technology and built the Teknekron Information Bus and a Market Data Delivery System solution that also included products like MarketSheet (a kind of thick-client portal). This technology was revolutionary, and played a major role in the drive to replace "green screens" and digitize securities trading floors world-wide. In addition to Subject Based Addressing, TIB included many other common messaging concepts that have since become widely accepted, and as hardware and operating systems evolved, the TIB evolved from using broadcast messaging to using IP multicast groups.

In 1992 Teknekron Software begins courting customers outside the financial services sector. A year later Teknekron Software was acquired by Reuters Holdings PLC. In 1996 Teknekron Software changed its name to TIBCO Inc. (The Information Bus Company) and a year later is split into two companies, TIBCO Finance Technology Inc. and TIBCO Software Inc. In 1999 TIBCO Software completed its initial public offering of stock [cite journal
author = Craig McGuire
year = 1999
month = September
title = TIBCO Full Speed Ahead Following IPO
journal = Wall Street & Technology
quote =
doi =
volume =
pages = 10] and in 2004 Reuters cut its ownership interest in TIBCO Software from 49 percent to less than 10 percent. A year later, revenues reach a record high of $445 million.

References

ee also

*Enterprise application integration
*Business Process Management
*Enterprise service bus

IT Services

IT Services companies who use Tibco to develop solutions
* Capgemini
* Logica
* Integrated Telecom Company ITC

External references

* [http://www.tibco.com/ Company site]