TIBCO Software Named Top-Tier Software Vendor by APPS RUN THE WORLD in the APPS and CLOUD TOP 500 Market Report

TIBCO Software Strengths, Domain Expertise, and Key Differentiators

TIBCO Software is a distinguished provider of adaptable infrastructure software designed for on-premise and cloud environments, including cloud-based analytics applications. Their collaboration with Microsoft Corp. brings forth substantial advantages for the financial services sector, offering scalable cloud capabilities for vital risk management and regulatory compliance computations. Customers can harness TIBCO's powerful "HPC virtual super computer," the TIBCO DataSynapse GridServer software, through Microsoft Azure. Moreover, TIBCO's Spotfire 7.5 achieves SAP certification for integration with SAP HANA, unlocking advanced self-service functionalities, such as enhanced data visualization, streamlined data preparation, scalable architectures, and enriched user collaboration—a pivotal strength for customer productivity and innovation.

TIBCO Software Recent Developments

In August 2023, HCLTech secured an exclusive preferred professional services agreement with Cloud Software Group, bolstering their services for TIBCO solutions. This strategic partnership extends enhanced digital transformation capabilities to Cloud Software Group's TIBCO clientele, leveraging HCLTech's robust technology offerings and consulting expertise spanning digital, cloud, automation, engineering, and process optimization. The incorporation of TIBCO products fortifies HCLTech's already comprehensive professional services portfolio, augmenting their existing array of software product lines. This strategic move positions HCLTech to deliver an expanded suite of tailored solutions, catering to the evolving needs of businesses engaged in digital transformation endeavors.

In October 2020, TIBCO Software Inc. has entered into an agreement to acquire Information Builders, Inc. (ibi), a leading data and analytics software company. ibi has a rich product portfolio and trusted data-driven solutions that are at the core of digital transformation. Its comprehensive set of data management and analytics capabilities will augment TIBCO’s Connected Intelligence platform to more deeply address customers’ end-to-end needs.

In June 2019, TIBCO Software Inc. launched its new Independent Software Vendor (ISV) Velocity Partner Program, designed for companies to collaborate with TIBCO on building complementary or integrated solutions. As ISV members, partners will gain access to TIBCO Connected Intelligence technology, technical resources, certifications, enablement, product support, marketing, and go-to-market benefits.

TIBCO Software Mergers and Acquisitions (M&A) Activities

In September 2022, Vista Equity Partners, a prominent global investment firm specializing in enterprise software, data, and technology-enabled ventures, alongside Evergreen Coast Capital Corp., an affiliate of Elliott Investment Management L.P., successfully finalized their acquisition of Citrix Systems, Inc. (NASDAQ: CTXS). This acquisition involved the integration of Citrix with TIBCO Software, marking a significant consolidation in the technology landscape.

In March 2019, TIBCO Software acquired SnappyData. The acquisition complemented the TIBCO Connected Intelligence platform with a unified analytics data fabric that enhances analytics, data science, streaming, and data management for various use cases requiring speed, volume, and agility. Customers benefited from enabling streaming, transactional, and interactive analytics in a single unifying system, delivering faster insights from high volumes, while maintaining a low total cost of ownership due to performance and ease of administration. The result is increased performance that is up to twenty times faster than native Apache Spark, while scaling to support large Apache Spark-compatible stores. Together, TIBCO and SnappyData provided the ultimate data management platform, making the TIBCO Connected Intelligence platform one of the best solutions for driving real-time insights.

In 2018, TIBCO Software acquired Scribe Software, a cloud-based integration service that enables over 10,000 businesses efficaciously connect Software-as-a-Service (SaaS) applications and automate data flows. The amalgamation of Scribe's capabilities with TIBCO Cloud Integration's existing SaaS and hybrid integration features enabled customers to utilize a single solution to tackle a wide array of integration scenarios, such as data, API, and application projects, to interconnect everything, whether on-premises, on billions of edge devices, or in the cloud.

In June 2017, TIBCO acquired Statistica. With the addition of Statistica, TIBCO strengthens the Augment Intelligence pillar of the company strategy, targeting the data scientist segment with powerful, proven technology that gives customers the ability to produce insights in a simpler, deeper, and faster way. Statistica will enable users to more rapidly uncover insights from source data. It will also become part of the TIBCO Insight Platform to empower a broader audience of business users with these analytical capabilities. The enhancements to the platform will allow actions to be triggered in related systems, ensuring insights turn into the best outcomes for the business. Statistica will provide rigorous modeling and validation tools for machine learning and deep learning, resulting in better answers, smarter decisions, and the right actions at the right time.

TIBCO Software Customers in ARTW Customer Database

Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying TIBCO Software applications and why? And we provide the answers – supported by decades of research – to our clients around the world. Our Customer database has over 100 data fields that detail company usage of TIBCO Software and other enterprise apps by function, customer size, industry, location, implementation status, partner involvement, Line of Business Key Stakeholders and IT decision makers contact details. List of Verified TIBCO Cloud, customers.

TIBCO Software Key Enterprise and Cloud Applications

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TIBCO Software Direct vs Indirect sales

TIBCO Software Customers - Breakdown by Geo, Size, Vertical and Product

List of Verified TIBCO Software Customers

No. of TIBCO Software Customers: 11000

No. of TIBCO Software Enterprise Applications Customers: x

No. of TIBCO Software Cloud Customers: x

No. of TIBCO Software Cloud Subscribers: x

More than 10,000 customers worldwide rely on TIBCO to manage information, decisions, processes and applications in real-time. Recent customer wins included: Sky Italy, SofTrek, Yellow Pages Group, ING Turkey, Western Union, eClinicalWorks and many others.

TIBCO Software Market Opportunities, M&A and Geo Expansions

The acquisition of Citrix Systems, Inc. by Vista Equity Partners and Evergreen Coast Capital Corp. in September 2022 paved the way for an exciting opportunity for TIBCO Software. This strategic integration of Citrix with TIBCO positions the latter at the forefront of a transformative phase in the technology domain. This consolidation opens avenues for TIBCO to expand its market presence, harness synergies, and potentially offer enhanced and diversified solutions within the technology landscape.

In September 2019, TIBCO Software Inc. released the beta program for TIBCO Cloud Metadata, a new cloud-native enterprise metadata management service powered by TIBCO EBX. This lightweight Software-as-a-Service (SaaS) offering, which will be available on the TIBCO Connected Intelligence Cloud platform, is easy to use and simple to start. Built on TIBCO EBX, the offering will allow customers to leverage all EBX features and unlock the power of metadata management within a software environment that clients are already comfortable using.

In August 2019, TIBCO Software Inc. made a new integration with Snowflake, the data warehouse built for the cloud. This integration will benefit cloud-native enterprises leveraging TIBCO Spotfire advanced data exploration and analytics capabilities to discover insights in the Snowflake Data Warehouse. The comprehensive solution empowers business analysts and data scientists managing some of the world`s largest data sets to deploy advanced analytics at scale, without performance degradation, and to drive better more efficient decision-making.

In November 2018, TIBCO Software released TIBCO Spotfire X, now showcasing real-time and historical data in the same environment, supported by the groundbreaking A(X) Experience, which fuses multiple AI-powered interaction models that adapt to user preference and style. The offering combines three new authoring approaches: natural language query (NLQ) powered search, AI-driven recommendations, and model-based processing, wrapped in a streamlined, modern interface. Combined with top-of-the-line geo-analytics and advanced features like predictive analytics and embedded data science, Spotfire X is one of the most comprehensive analytics solutions on the market. Spotfire X features native support for real-time data streaming from sources such as TIBCO Messaging, Apache Kafka, MQTT, and Salesforce Streaming, helping users compare real-time and historical sources for true contextual and situational awareness. With self-service visual analytics and the ability to build custom connectors, Spotfire X helps companies in industries such as retail, transportation, finance, and more optimize real-time operations and respond quickly to frequent changes.

On the same month in 2018 TIBCO Software highlighted a collaboration with Asia Pacific University of Technology and Innovation (APU) in its intent to expand the data analytics capabilities and knowledge of the students in Malaysia. TIBCO, together with its partner iZeno and APU, engaged the students from APU's School of Computing. Aiming to teach data analytics in a more visualized manner, these organizations hoped to ultimately equip the students with key data skillsets that are essential for their future careers.

TIBCO Software acquired Mashery for Application Programming Interface (API) management. With this acquisition, TIBCO expanded its API management solutions to help enterprises transform into digital businesses, integrate more channels for new services and experiences, and empower developers to accelerate innovation.

TIBCO Software Risks and Challenges

In August 2020, TIBCO Software appointed Tony Beller, the company's new senior vice president of worldwide partner ecosystems and OEM sales. In his new role, Beller will work to build new markets with the partner ecosystem, drive revenue, and ensure customer success through partners, including service providers, resellers, system integrators, independent software vendors (ISVs), OEM partners, and technology partners.

In April 2019, Dan Streetman has been appointed as its new chief executive officer, effective April 15, 2019, in TIBCO Software Inc. Streetman joins TIBCO from BMC Software where he was executive vice president of worldwide sales and marketing.

Current CEO Murray Rode has been named vice chairman of TIBCO. Integrating its recently-acquired analytics products and making them run seamlessly in the Cloud could present challenges for TIBCO.

Jaspersoft`s acquisition by TIBCO could impact its relationship with its OEM and SaaS customers, some of which might compete with different parts of TIBCO, especially in financial services vertical where the vendor has built a sizable installed base.

TIBCO Software Ecosystem, Partners, Resellers and SI

TIBCO currently markets its software and services primarily through a direct sales organization complemented by indirect sales channels of 300 partners. Its direct sales force is located throughout the Americas, EMEA and APJ and operates globally through its foreign subsidiaries.

Jaspersoft`s 30 resellers include Buro Mexicano de Seguridad Informatica, OGIS-RI, Red Hat, Column Technologies, Unisys, Autonomic Resources, io2 Tecnologia e Consultoria, MISNet, Workbrain Japan, Smile, INFOPRO, MSV Soluções, LINE-OF-SIGHT, iZeno, DEFTeam, NRI OpenStandia, SRA Information Technology, Masterson Technology, Dupaco Distribution B.V., IT-Nova and others.

TIBCO Software Cloud Infrastructure Insights

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• TIBCO Software Public Cloud and Infrastructure (IaaS)
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Research Methodology

Data used in research reports are derived from publicly available documents, continuous surveys of applications vendors, customers, resellers, Independent Software Vendors, systems integrators and other verifiable sources.

Vendor shares and market forecast results are based on a combination of existing databases as well as demand side and supply side research conducted throughout the year with validation from vendors, customers, channel partners and documentations such as earnings releases and 10Q and 10K filings, vertical industry studies, regional and country-level statistics from public and private institutions(i.e. colleges, universities, government agencies and trade associations).

For additional information on our methodologies, here's the link: