Bay Street News

Leading Independent Research Firm Cites TIBCO as a Strong Performer in Insight Platform Report

PALO ALTO, CA–(Marketwired – Dec 8, 2016) – TIBCO Software Inc., a global leader in integration, API management, and analytics, today announced it has been named as a strong performer in The Forrester Wave™: Enterprise Insight Platform Suites, Q4 2016 report by Forrester Research. Forrester cited TIBCO for its “good customer reference ratings relative to other participants, especially in areas like insight execution, analytics tools, and runtime components.” The research firm noted that businesses looking to build real-time systems of insight should consider TIBCO.

According to Forrester, “TIBCO focuses on real-time insight execution coupled with leading streaming and agile BI components. [Their] platform features deep integration between streaming, visual, and predictive analytics that will only get better next year. Furthermore, its open-source, fast-insights framework can help developers rapidly build solutions. TIBCO’s OEM of Attivio® provides excellent data lake, governance, and search tools as well.”

Announced last month, the TIBCO® Insight Platform helps businesses turn analytical insights into action, especially as they introduce IoT connected devices, which emit massive volumes of new, streaming data. For example, the Insight Platform can help analyze sensor data from IoT connected devices to find patterns that predict device failure to perform predictive maintenance, or monitor location information from connected vehicles to act on opportunities for route optimization. The Insight Platform enables users to build closed-loop systems of insight with visual, predictive, and streaming analytics. Businesses of all sizes and industries can benefit from interconnecting their tools with smart applications to automate actions and make intelligent decisions accordingly.

“We’re happy to be included as a strong performer in The Forrester Wave: Enterprise Insight Platform Suites, Q4 2016 report,” said Thomas Been, chief marketing officer, TIBCO. “We believe this report validates our efforts to create a comprehensive solution that strengthens our customers’ businesses through interconnecting applications and augmenting intelligence. Our customers continue to be the driving force for enhancing our product offerings, which is why we’re one of the first companies to develop an enterprise Insight Platform.”

Forrester evaluated TIBCO Spotfire®, TIBCO StreamBase®, and TIBCO® Enterprise Runtime for R (TERR™) in its report, recognizing these products together as a Strong Performer in the Enterprise Insight evaluation. TIBCO Spotfire provides data wrangling, visualization, and predictive modeling to help users discover unique insights to support business decisions. This solution works together with StreamBase®, a platform for building and deploying applications that monitor and act on real-time data. TERR™ is embedded in Spotfire® and StreamBase to deliver built-in enterprise-grade predictive analytics, allowing customers to develop in open-source R, integrate, and deploy on a platform, all without needing to write their own code.

To read Forrester’s full evaluation of TIBCO, download The Forrester Wave™: Enterprise Insight Platform Suites, Q4 2016 report at http://tibco.cm/2fUzIv9.

Learn more about the TIBCO Insight Platform and how you can take action with analytics during TIBCO’s webinar on Thursday, January 12th at 8:30 AM PT. Register to attend here: http://tibco.cm/2hb3vEZ

To learn more about TIBCO Software, visit www.tibco.com. Follow us @TIBCO on Twitter, and on our Facebook and LinkedIn pages to hear the latest news and updates from our team.

About TIBCO
TIBCO Software takes businesses to their digital destinations by interconnecting everything in real time and providing augmented intelligence for everyone, from business users to data scientists. This combination delivers faster answers, better decisions, and smarter actions. For nearly 20 years, thousands of businesses around the globe have relied on TIBCO technology to differentiate themselves through compelling customer experiences, optimized assets, and innovative new business models. Learn how TIBCO brings data alive at www.tibco.com.

TIBCO, Spotfire, StreamBase, TERR, and the TIBCO logo are trademarks or registered trademarks of TIBCO Software Inc. and/or its subsidiaries in the United States and/or other countries. Forrester and Forrester Wave are trademarks of Forrester Research, Inc. Attivio is a trademark of Attivio, Inc. All other product and company names and marks mentioned in this document are the property of their respective owners and are mentioned for identification.

Media Contact:
TIBCO Software Inc.
Lindsey Ashjian
(650) 846-8862
lashjian@tibco.com