TIBCO Software Inc. Strengths, Domain Expertise, and Key Differentiators
TIBCO Software is a provider of infrastructure software for companies to use on-premise or as part of cloud computing environments. TIBCO also carries Cloud-based analytics applications. TIBCO started a collaboration with Microsoft Corp. that enables financial services industry customers to utilize cloud agility and scale to run infinite compute calculations for risk management and regulatory compliance demands. This will empower customers to use TIBCO's "HPC virtual super computer," TIBCO DataSynapse GridServer software, on the Microsoft Azure cloud platform. TIBCO's Spotfire 7.5 has achieved SAP-certified integration with the SAP HANA platform. Certified integration is a requirement for production use, enabling customers to expand access to the latest self-service features in Spotfire, including improved data visualizations, inline data preparation, scale-out architectures, and enhanced user collaboration.
TIBCO Software Inc. Recent Developments
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 Inc. Mergers and Acquisitions (M&A) Activities
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 Inc. 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 Inc. 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 Inc. 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 Inc. Overview
Ownership: - x
Number of Employees: 4500
Key Verticals: Aerospace and Defense, Automotive, Banking and Financial Services, Communication, Construction, Real Estate, Consumer Packaged Goods, Distribution, K12, Higher Education, Federal Government, State and Local Government, Public Safety, Healthcare, Life Insurance, P&C Insurance, Specialty Insurance, Leisure and Recreation, Hospitality, Life Sciences, Manufacturing, Media, Faith Based Nonprofit, Youth and Elderly Care Nonprofit, Special Cause Nonprofit, Oil and Gas, Professional Services, Retail, Transportation, Utilities,
TIBCO Software Inc. Key Enterprise and Cloud Applications
TIBCO Software Inc. Revenues, $M:
|Type/Year||2018||2019||YoY Growth, %|
|Total Revenues, $M||Subscribe||Subscribe||Subscribe|
|Enterprise Applications Revenues, $M||Subscribe||Subscribe||Subscribe|
|Cloud Applications Revenues, $M||Subscribe||Subscribe||Subscribe|
* Enterprise Applications Revenues = License + Support & Maintenance + SaaS
** All revenue figures are estimates based on public records, Cloud and Non-Cloud business models in Apps Run The World's vendor database, and annual survey results including vendor feedback.
TIBCO Software Inc. Revenue Breakdown By Type, $M:
|Type||License||Services||Hardware||Support & Maintenance||SaaS|
|% of Total Revenues||Subscribe||Subscribe||Subscribe||Subscribe||Subscribe|
TIBCO Software Inc. Enterprise Applications Revenues By Functional Markets, $M:
TIBCO Software Inc. Enterprise Applications Revenues By Verticals, $M:
TIBCO Software Inc. Revenues By Region, $M
|Region||% of Total Revenues||2019 Total Revenues, $M||2019 Enterprise Applications Revenues, $M||2019 Cloud Applications Revenues, $M|
TIBCO Software Inc. Direct vs Indirect sales
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TIBCO Software Inc. Customers - Breakdown by Geo, Size, Vertical and Product
No. of TIBCO Software Inc. Customers: 10000
No. of TIBCO Software Inc. Enterprise Applications Customers: 10000
No. of TIBCO Software Inc. Cloud Customers: x
No. of TIBCO Software Inc. 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 Inc. Market Opportunities, M&A and Geo Expansions
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 Inc. 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 Inc. 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 SoluÃ§Ãµes, LINE-OF-SIGHT, iZeno, DEFTeam, NRI OpenStandia, SRA Information Technology, Masterson Technology, Dupaco Distribution B.V., IT-Nova and others.
TIBCO Software Inc. Cloud Infrastructure Insights
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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).
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