TIBCO SOFTWARE CEO TO DELIVER KEYNOTE SPEECH ON REAL-TIME TECHNOLOGY AT INFORMATICA WORLD 2001
TIBCO & Informatica to Demo Real-Time, Event-Driven Analytics Capabilities - Latency of Information a Problem of the Past
PALO ALTO, October 24, 2001 - Vivek Ranadivé, chairman and CEO of TIBCO Software Inc. (NASDAQ: TIBX), will be the keynote speaker at the Informatica World 2001 user conference this week in San Francisco. Speaking today at 11:00 AM, Ranadivé will deliver a speech entitled “Real Time Analytics and the Event Driven Enterprise.” Throughout the show, TIBCO will demonstrate the solution they have collaboratively developed with Informatica to deliver the only real-time analytics capabilities to enterprise customers via TIBCO ActivePortalTM, TIBCO's suite of enterprise portal products.
Ranadivé is the author of best selling book The Power of Now: How Winning Companies Sense and Respond to Change Using Real-time Technology, which outlines how companies use real-time information to anticipate and instantly respond to ever-changing opportunities and new business conditions. The Power of Now champions the creation of “event-driven” companies that recognize and respond to real-time information about customers, markets and business opportunities. By leveraging integrated, real-time, active information delivery systems, corporations enable swift, creative responses across the enterprise.
TIBCO is the leading provider of business integration solutions, pioneering the digitization of Wall Street and later the energy, telecommunications and high tech manufacturing markets.
In his keynote discussion, Ranadivé will elaborate on the evolution of enterprise data needs from a batch-driven model, where data is updated and integrated throughout the enterprise in batches, to a place where speed is essential to remaining competitive and up-to-the-minute data is critical. The partnership between TIBCO and Informatica was forged to meet this need. To deliver real-time analytics, streams of real-time data from TIBCO's Enterprise Application Integration (EAI) infrastructure software are captured and integrated with historical and analytic data through the Informatica PowerCenter data integration platform. In this way, information from across the distributed enterprise is immediately delivered to relevant applications and people enabling immediate responses.
Real-time analytics are a key component of TIBCO's enterprise portal strategy. With the integration of the Informatica Analytics Delivery Platform with the TIBCO ActivePortal platform, employees, customers, vendors and business partners can have visibility to critical corporate data, such as inventory, sales data and customer service information, anytime, anywhere.
“Working with TIBCO, we will provide our customers with the best possible real-time business metrics across a wide range of business applications,” said Gaurav Dhillon, CEO for Informatica. “We are honored to have Vivek as a keynote speaker. His comprehensive knowledge on the subject of real-time technologies is unequaled and his expertise speaks directly to Informatica World's 2001 theme of 'Powering Business Insight' through the consolidation of data into a single source that can be transformed into business insight.”
“The value of our partnership with Informatica to develop real-time analytics will be realized by customers, suppliers, partners and employees alike,” said Ranadivé. “The leading companies of the future will be those that can harness real-time, user-specific information and make intelligent business decisions to meet the needs of their customers.”
About Vivek Ranadivé
Vivek Ranadivé is chairman and CEO of TIBCO Software Inc. (NASDAQ: TIBX). In the early eighties, he pioneered the real-time software technologies that brought Wall Street into the digital era. Today, TIBCO helps businesses integrate internal operations, business partners, and custom channels in real-time, through its real-time software that enables computer applications and platforms to communicate across local or wide area networks, including the Internet. TIBCO's solutions are used by hundreds of leading companies, including NASDAQ, Philips, and Yahoo! Ranadivé holds an MBA from Harvard Business School, where he was a Baker Scholar. He received a Master's Degree in Electrical Engineering and Bachelor's Degree in Mechanical Engineering from the Massachusetts Institute of Technology (MIT).
TIBCO at Informatica World 2001
To view a demo of TIBCO ActivePortal, please visit us at booth #212 during Informatica World 2001, Sunday, October 21 through Wednesday, October 24, at the Hyatt Regency Embarcadero in San Francisco, California. For more information on attending Informatica World, visit www.informatica.com/world . For more information on TIBCO's business integration solutions, visit http://www.tibco.com/.
About Informatica
Informatica provides enterprise analytic software that enables decision makers to transform business insight into competitive advantage. Informatica provides the industry's only integrated set of analytic products, including a powerful data integration platform, a suite of cross value chain analytic applications, and real-time delivery of analytics via Web, wireless and voice. More than 1,370 customers, including 60 percent of the Fortune 100, rely on Informatica software to integrate, analyze, personalize and deliver critical information to managers, executives and other decision makers to optimize business performance. Our list of global customers includes 3Com, AMD, American Airlines, BMW, Borders Group, Brocade, Brunswick, Chevron, Cisco, CNET, Deutsche Bank, eBay, General Electric, Hewlett-Packard, MetLife, Motorola, Orbitz, Philips, Polo Ralph Lauren, Sprint, UBS, the U.S. Department of Justice and the U.S. Postal Service. For more information, call +1-800-970-1179, or visit the Informatica Web site at http://www.informatica.com/.
About TIBCO Software Inc.
TIBCO Software Inc. (Nasdaq: TIBX) is a leading provider of total business integration solutions delivering infrastructure software that enables businesses to seamlessly integrate business systems in real-time. TIBCO technology was first used to digitize Wall Street and has since been adopted in diverse industries including financial services, telecommunications, electronic commerce, transportation, logistics, manufacturing and energy. TIBCO's global customer base includes more than 1,300 customers such as Cisco Systems, Yahoo!, NEC, Enron, Sun Microsystems, GE Capital, The Limited, Delta Air Lines, Philips, AT&T and Pirelli. Headquartered in Palo Alto, California, TIBCO can be reached at 650-846-1000 or on the web at http://www.tibco.com/.
TIBCO, the TIBCO logo, TIBCO Software and TIBCO ActivePortal are trademarks or registered trademarks of TIBCO Software Inc. in the United States and/or other countries. All other product and company names and marks mentioned in this document are the property of their respective owners and are mentioned for identification purposes only.
Informatica is the registered trademarks of Informatica Corporation in the United States and in jurisdictions throughout the world. All other company and product names may be tradenames or trademarks of their respective owners.
Legal Notice Regarding Forward-Looking Statements: This release contains forward-looking statements regarding TIBCO's business, customers, markets served or other factors including the ability of products to meet customers' expectations, needs, or perform as described that may affect future earnings or financial results. Our actual results could differ in such forward-looking statements. Reasons for why actual results could differ materially include if the products are unable to successfully meet customers' expectations, needs, or perform as described. Additional information concerning factors that could cause our actual results to differ materially from those contained in the forward-looking statements can be found in TIBCO Software's filings with the Securities and Exchange Commission ("SEC"), including but not limited to its most recent reports on Forms 10-Q and 10-K filed with the SEC on July 13, 2001 and October 5, 2001, respectively, which identify important risk factors that could cause actual results to differ from those contained in the forward-looking statements including limited independent operating history, history of losses, unpredictability of future revenue, dependence on a limited number of customers, relationship with Reuters Group PLC, rapid technological and market changes, risks associated with infrastructure software and volatility of stock price. Copies of filings made with the SEC are available through the SEC's electronic data gather analysis and retrieval system (EDGAR) at www.sec.gov . TIBCO assumes no obligation to update the forward-looking statements included in this document.
Contact:
Caroline Philips
TIBCO Software Inc.
650-846-5697
caroline@tibco.com
