Tibco Software
Encyclopedia
TIBCO Software Inc. 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
.
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.
TIBCO ActiveMatrix
TIBCO BusinessEvents
TIBCO Collaborative Information Manager
TIBCO Silver
TIBCO Spotfire
TIBCO tibbr
TIBCO FTL
TIBCO ActiveSpaces Datagrid
Cloud computing
Cloud computing is the delivery of computing as a service rather than a product, whereby shared resources, software, and information are provided to computers and other devices as a utility over a network ....
environments. TIBCO manages information, decisions, processes and applications in real-time for over 4,000 customers worldwide. It has headquarters in Palo Alto, California
California
California is a state located on the West Coast of the United States. It is by far the most populous U.S. state, and the third-largest by land area...
, and offices in North America, Europe, Asia, the Middle East, Africa and South America. The company's major commercial competitors are IBM
IBM
International Business Machines Corporation or IBM is an American multinational technology and consulting corporation headquartered in Armonk, New York, United States. IBM manufactures and sells computer hardware and software, and it offers infrastructure, hosting and consulting services in areas...
and Oracle Corporation
Oracle Corporation
Oracle Corporation is an American multinational computer technology corporation that specializes in developing and marketing hardware systems and enterprise software products – particularly database management systems...
.
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" couplingCoupling (computer science)
In computer science, coupling or dependency is the degree to which each program module relies on each one of the other modules.Coupling is usually contrasted with cohesion. Low coupling often correlates with high cohesion, and vice versa...
of applications.
In 1986, Teknekron embarked on a consulting project with Goldman Sachs
Goldman Sachs
The Goldman Sachs Group, Inc. is an American multinational bulge bracket investment banking and securities firm that engages in global investment banking, securities, investment management, and other financial services primarily with institutional clients...
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
First Interstate Bancorp
First Interstate Bancorp was a bank holding company based in the United States that was taken over in 1996 by Wells Fargo. Headquartered in Los Angeles, it was the nation's eighth largest banking company....
, 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
NASDAQ
The NASDAQ Stock Market, also known as the NASDAQ, is an American stock exchange. "NASDAQ" originally stood for "National Association of Securities Dealers Automated Quotations". It is the second-largest stock exchange by market capitalization in the world, after the New York Stock Exchange. As of...
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:- Manage events on a massive scale
- Develop and manage applications universally
- 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 managementBusiness process managementBusiness process management is a holistic management approach focused on aligning all aspects of an organization with the wants and needs of clients. It promotes business effectiveness and efficiency while striving for innovation, flexibility, and integration with technology. BPM attempts to...
(BPM) and service-oriented architectureService-oriented architectureIn software engineering, a Service-Oriented Architecture is a set of principles and methodologies for designing and developing software in the form of interoperable services. These services are well-defined business functionalities that are built as software components that can be reused for...
(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 managementMaster Data ManagementIn computing, master data management comprises a set of processes and tools that consistently defines and manages the non-transactional data entities of an organization...
(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 intelligenceBusiness intelligenceBusiness intelligence mainly refers to computer-based techniques used in identifying, extracting, and analyzing business data, such as sales revenue by products and/or departments, or by associated costs and incomes....
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 IntegrationEnterprise application integrationEnterprise Application Integration is defined as the use of software and computer systems architectural principles to integrate a set of enterprise computer applications.- Overview :...
- Business Process ManagementBusiness process managementBusiness process management is a holistic management approach focused on aligning all aspects of an organization with the wants and needs of clients. It promotes business effectiveness and efficiency while striving for innovation, flexibility, and integration with technology. BPM attempts to...
- Enterprise Service BusEnterprise service busAn enterprise service bus is a software architecture model used for designing and implementing the interaction and communication between mutually interacting software applications in Service Oriented Architecture...
- Business AnalyticsBusiness analyticsBusiness analytics refers to the skills, technologies, applications and practices for continuous iterative exploration and investigation of past business performance to gain insight and drive business planning. Business analytics focuses on developing new insights and understanding of business...
- Service-Oriented ArchitectureService-oriented architectureIn software engineering, a Service-Oriented Architecture is a set of principles and methodologies for designing and developing software in the form of interoperable services. These services are well-defined business functionalities that are built as software components that can be reused for...
- Master data managementMaster Data ManagementIn computing, master data management comprises a set of processes and tools that consistently defines and manages the non-transactional data entities of an organization...
- Complex event processingComplex Event ProcessingComplex event processing consists of processing many events happening across all the layers of an organization, identifying the most meaningful events within the event cloud, analyzing their impact, and taking subsequent action in real time....
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 mainframeMainframe computerMainframes are powerful computers used primarily by corporate and governmental organizations for critical applications, bulk data processing such as census, industry and consumer statistics, enterprise resource planning, and financial transaction processing.The term originally referred to the...
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.