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®.
History: The Real-Time Business Pioneer
TIBCO is the successor to a portion of the business of Teknekron Software Systems,
Inc. Teknekron was founded in 1985 by Vivek Ranadive 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.
