Company

Headquartered in Palo Alto, California, TIBCO Software Inc. (NASDAQ:TIBX) provides enterprise software that helps companies achieve service-oriented architecture (SOA) and business process management (BPM) success. With over 3,000 customers and offices in 40 countries, TIBCO has given leading organizations around the world better awareness and agility–what TIBCO calls The Power of Now®.

Real-Time Business and The Power of Now

As markets become more dynamic and competitive, the ability to adapt is becoming the key competitive advantage for large organizations. To achieve this critical advantage and stay ahead of commoditization, organizations need the following:

• Real-Time Visibility:
  The power to see what's happening right now across their operation and marketplace.
• Real-Time Understanding:
  The power to make sense of it all so they can understand the impact of developing situations.
• Real-Time Action:
  The power to act and adapt so they can immediately seize opportunities, mitigate risks and proactively maneuver around threats.

Together, these capabilities add up to real-time business and give companies what TIBCO calls The Power of Now: the ability to sense and respond to changes and opportunities as they arise.

TIBCO gives organizations The Power of Now by providing innovative software that helps them pursue initiatives in three important areas:

• SOA
  Helping organizations migrate to an infrastructure made up of services that can be assembled, orchestrated and reused.
• BPM
  Helping organizations better coordinate the process flows that control how their assets work together.
• Business Optimisation
  Helping organizations convert streams of data into meaningful information and deliver it to employees, customers and partners.

History

TIBCO is the successor to a portion of the business of Teknekron Software Systems, Inc. Teknekron was founded in 1985 by Vivek Ranadivé and developed software, known as The Information Bus™ (TIB), for the integration and delivery of market data – such as stock quotes, news and other financial information – in trading rooms of large banks and financial services institutions. In 1994 Teknekron was acquired by Reuters Group PLC, which continued the development of TIB software and expanded its use in the financial services markets

In January 1997 TIBCO Software Inc. was established as a separate entity to create and market software solutions for use in the integration of business information, processes and applications outside the financial services sector. In July 1999 TIBCO went public on the Nasdaq Stock Market under the ticker symbol TIBX, and since that time TIBCO has been established itself as the leading independent provider of business integration software.

Vision and Direction: Predictive Business™

TIBCO is focused on leveraging and extending the capabilities of its software to help companies move toward predictive business: an exciting new way of doing business that lets companies anticipate customer needs, create opportunities and avoid potential problems. As the basis of the real-time movement of data across the enterprise, TIBCO's software is uniquely capable of correlating information about a company's operations and performance with information about expected behavior and business rules so they can anticipate and respond to threats and opportunities before they occur.