TIBCO buys Spotfire
Posted: Tuesday, May 1st, 2007On May 1st, TIBCO announced our plan to buy Spotfire, a leading provider of enterprise analytics software. The transaction extends TIBCO’s Predictive Business capabilities to offer the industry’s first next generation business intelligence platform built on a real-time infrastructure. This offering will enable business users to access the most relevant and timely data, in a responsive and easy to use environment, so they can discover new insights, make better decisions and take action – delivering an Information Advantage.
TIBCO has been revolutionizing information architectures (to be real-time and event driven) with solutions for Service Oriented Architecture, Business Process Management, and Business Optimization; and Spotfire’s next generation Business Intelligence solutions are transforming the way business users interact with data. In a global information economy the winners are those who create a sustainable and systemic Information Advantage.
TIBCO to Acquire Spotfire
• Acquisition Announcement
• Overview Presentation
• Acquisition FAQ
This is easier said than done when new data is expanding by 30% each year, when existing data is trapped in various proprietary information architectures that are unresponsive to real-time business challenges, or while the data people really use to make business decisions is floating freely in unmanaged “spread marts.”
Data management technologies and application and data interface standards like SOA are making data increasingly available to business users but the environment remains technically diverse, unresponsive, and often disconnected or irrelevant to professionals whose work requires fast access to dynamic information from disparate sources specifically optimized for their jobs. For these reasons, industry analysts have identified the nascent convergence of business intelligence with business processes. Some call it “pervasive BI” (Gartner) or “process-centric BI (Forrester).” Others call it “intelligent process automation” (IDC). In all cases the point of this emerging disruptive convergence is to make the information that is relevant to any specific business process – whether a stock analysis and trade; an evaluation of adverse effects in a clinical trial; or the way a sales person plans their calls for the day – available in the right context and in real time equipping every business person to quickly discover new insights and make better decisions.
Until today, no one has delivered the complete real time, business user relevant infrastructure that organizations need to establish a systemic sustainable Information Advantage. The large IT vendors are overly invested in the status quo – traditional BI architectures and dashboards, proprietary application stacks, transactional process management. Today, only TIBCO is able to implement the componentized, real time data delivery infrastructure, business process management and now, adaptable enterprise analytics that will set winners in the global information economy apart from losers.








