PALO ALTO, Calif., Sept. 10 /PRNewswire-FirstCall/ -- TIBCO Software Inc. (NASDAQ:TIBX) today announced that Forrester Research, Inc. (NASDAQ:FORR) has named TIBCO as a leader in its August 2007 evaluation, "The Forrester Wave(TM): Human-Centric BPMS For Banking and Investments, Q3 2007." Forrester evaluated 11 leading human-centric business process management suite (BPMS) vendors with a financial services focus across 17 criteria, placing TIBCO in the leader category.
In the Forrester Wave report, TIBCO was recognized for having "the professional services expertise to really understand the customer base" and was also noted as having "a very large base of investment customers, supporting its expertise in the industry, as well as a very high number of new FSI customers and customers upgrading their existing systems." Additionally, the report highlights TIBCO's experience with BPM centers of excellence (COE), noting "one of the best ways to work across organizational silos with BPM is to use COEs, and TIBCO has a very strong COE professional services offering." "Financial services is one of TIBCO's key vertical areas, and being recognized as a leader is a clear indication that we are providing the investment and banking industry with the tools they need to solve a variety of business challenges" said Jeff Kristick, vice president, Product Marketing, TIBCO. "We pride ourselves on our experience and we have integrated that key element into our center of excellence methodology to create a true differentiator." This report leveraged vendors from another recent Forrester report, "The Forrester Wave(TM): Human-Centric BPM for Java Platforms, Q3 2007," in which TIBCO's iProcess(TM) Suite was also recognized as a leader.
About TIBCO 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, TIBCO has given leading organizations around the world better awareness and agility -- what TIBCO calls The Power of Now(R). To learn more, contact TIBCO at +1 650-846-1000 or on the Web at http://www.tibco.com/.
TIBCO, The Power of Now, TIBCO iProcess Suite, and TIBCO Software 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. DATASOURCE: TIBCO Software Inc.
CONTACT: Jenna Kuhl of TIBCO Software Inc., +1-650-846-5396, , or Bill Bourdon of Bateman Group, +1-415-602-1491, , for TIBCO Web site: http://www.tibco.com/
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