Contact Information: Media Inquiries Amy Groden-Morrison TIBCO Software Inc. 617-702-1710 amorriso@tibco.com http://spotfire.tibco.com Toni Iafrate Davies Murphy Group 781-418-2406 tiafrate@daviesmurphy.com http://daviesmurphy.com
TIBCO Spotfire Named Reporting and Analytics "Champion" in 2009 Aberdeen Research AXIS Report
Leading Research Firm Recognizes TIBCO Spotfire Products as Top Performer Based on Customer Value Delivered and Market Readiness
| Source: TIBCO Software Inc.
SOMERVILLE, MA--(Marketwire - June 29, 2009) - TIBCO Software Inc. (NASDAQ : TIBX ) today
announced technology research firm Aberdeen Group, a Harte-Hanks Company
(NYSE : HHS ), has named TIBCO Spotfire products the "Champion" in its
Business Intelligence: Reporting &
Analytics (BIRA) AXIS Report. TIBCO Spotfire products ranked ahead of
all other products based on survey responses from hundreds of enterprise
end-users and a total score representing market readiness and ability to
deliver value to customers. A "Champion" is defined as a vendor that has
demonstrated superior proficiency in delivering both real value as well as
the ability to serve and support its installed user base. Twenty-seven
BIRA vendors, including QlikTech, Cognos (IBM), SAS, and BusinessObjects
(SAP), were evaluated based on the success of the respective technology in
the context of the user's environment.
As stated in the AXIS report, "TIBCO Spotfire products offer a visual and
interactive experience that helps professionals quickly discover new and
actionable insights in information. The products are distinguished by their
speed to insight and adaptability to specific business challenges, while
maintaining a simple-to-use interface for non-technical users. Customers
can now obtain powerful reporting and analytics tied to the management of
their business processes. The platform delivers much more than simple
reporting and charting capabilities. The intuitive user interface enables
some of the deepest visualization options for non-technical end users.
TIBCO Spotfire customers represent the only customer base of a reporting
and analytics solution to achieve 'Champion' status in this AXIS report."
"Adoption of traditional business intelligence platforms has been hampered
by the lack of deep integration with business processes and reliance on
typically static information in the data warehouse. Especially in today's
challenging economic environment, an organization's ability to quickly find
new insights across a broad range of users and processes can mean the
difference between success and failure," said Lars Bauerle, vice president
of Product Management, Spotfire Division, TIBCO Software Inc. "Because the
AXIS report puts a heavy emphasis on customer input, scoring this highly
confirms that we're doing the right things by our customers and they
recognize that. That's what makes us a Champion."
According to the report, "Once TIBCO Spotfire applications are rolled-out,
end users infrequently if ever report that they require assistance from the
IT department."
TIBCO continues to advance the TIBCO Spotfire®
enterprise analytics platform, the industry's most flexible platform
for deploying statistically enhanced and predictive analytic applications
to a wide range of professionals across the enterprise. By giving users
The Power to Predict™, organizations have the ability to anticipate
changes in a volatile environment, which can mean the difference between
dying, surviving, or thriving. TIBCO Spotfire® 3.0, the company's
industry-leading, in-memory analytics platform, is the latest in a steady
stream of product enhancements and industry firsts, following on a history
of innovation. Recent product releases brought to market support business mashups, real-time data and
business process integration, new visualization methods, and predictive
analytics.
"Organizations today are realizing the potential of applying BI technology
and approaches to immediate operational information needs in the business.
The ability of TIBCO Spotfire to meet rapidly changing end-user
requirements and reduce 'time-to-decision/action' are key reasons it's a
Champion in the Reporting and Analytics AXIS report," stated David Hatch,
vice president/principal analyst, Aberdeen Group. "Customer focus is a
cornerstone of the company and TIBCO Spotfire continues to release
innovative solutions and product enhancements to meet its customers' needs
despite tough economic times."
To download the 2009 Aberdeen AXIS for Reporting and Analytics, visit:
http://goto.spotfire.com/champion.
About TIBCO
TIBCO Software Inc. (NASDAQ : TIBX ) is a leading provider of enterprise
analytics software for next generation business intelligence. TIBCO
Spotfire products offer a visual and interactive experience that helps
professionals quickly discover new and actionable insights in information.
Distinguished by its speed to insight and adaptability to specific business
challenges, Spotfire rapidly reveals unseen threats and new opportunities,
creating significant economic value. Spotfire customers include industry
leaders among the Global 2000 that have deployed Spotfire analytics to gain
an information advantage over their competitors. For more information,
visit http://spotfire.tibco.com.
TIBCO, TIBCO Software, TIBCO Spotfire and The Powere to Predict are
trademarks or registered trademarks of TIBCO Software Inc. or its
subsidiaries 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.