PALO ALTO, CA--(Marketwire - December 10, 2008) - TIBCO Software Inc. (NASDAQ: TIBX) today
announced the expanded reach of its BPM+ initiative, increasing the convergence of TIBCO
iProcess™, its leading Business Process Management (BPM) suite with its
Service Oriented
Architecture (SOA), Web 2.0,
Complex Event Processing (CEP) and
Master Data Management (MDM) technologies. TIBCO iProcess™ Suite version 11 further unifies design
and operations, enabling business experts to own and rapidly improve more
of the business process.
TIBCO's unique approach to BPM is to deliver a unified solution that
extends from process design to process optimization and from front-office
to back-office processes extending business processes to a higher level of
sophistication beyond what has traditionally been accomplished. Business
experts can now own and rapidly change processes involving people,
information and systems across the entire business process management
lifecycle, from business modeling and simulation to execution, and business
activity monitoring.
Many companies have already been using TIBCO BPM+ to transform their core
business processes. KPN, one of the leading telecommunications providers in
Europe with over 35 million customers, is transforming over the last few
years from a traditional PTT threatened by a shrinking fixed landline
business into a growth company delivering fixed, mobile, broadband and
bundled offerings on an all-IP network. KPN relied on TIBCO's BPM+SOA
technology to make this transformation a reality, and become a much more
agile IT organization.
"In 2005, KPN had a traditional telecommunications IT environment, with an
existing portfolio of over 1000 applications that were expensive to
maintain and took too long to change," said Eric Kramer, program manager at
KPN. "In order to support all-IP, broadband and multi-product initiatives
in the timeframes needed for the business, we had to adopt a new approach.
Three years later, KPN's IT is completely different. Nearly 60% of KPN's
business is running on TIBCO's BPM and SOA products, with over 450 business
services in production. We deliver projects much faster and more
efficiently, and achieve 40-60% reuse in a given project. Most importantly,
TIBCO BPM and SOA have helped us transform into a more profitable, more
nimble growth company, and be first to market with new offerings like 100
MB broadband access or ITV."
Many companies have gained substantial benefits in terms of cost savings,
faster time to market and increases in bottom line revenue using TIBCO
BPM+. Specific benefits achieved include:
-- 75 percent lower labor costs
-- Up to a 90 percent reduction in business process cycle times
-- Up to 90 percent shorter development times
-- Some projects delivered in 30 days
-- Up to 50 percent revenue growth
"In this economic environment, businesses need software that rapidly
improves the efficiency of their core business processes to create bottom
line benefits," said Ram Menon executive vice president, worldwide
marketing at TIBCO. "With the increases in agility and productivity that
this latest release adds on top of TIBCO's proven BPM leadership, I
anticipate we will continue to attract smart companies looking for quick
and quantifiable returns from their BPM investments."
About TIBCO
TIBCO technology digitized Wall Street in the '80s with the event-driven
"Information Bus" software, which helped make real-time business a
strategic differentiator in the '90s. Today, TIBCO's infrastructure
software gives customers the ability to constantly innovate by connecting
applications and data in a service-oriented architecture, streamlining
activities through business process management, and giving people the
information and intelligence tools they need to make faster and smarter
decisions, what we call The Power of Now®. TIBCO serves more than 3,000
customers around the world with offices in more than 20 countries and an
ecosystem of over 200 partners. Learn more at www.tibco.com.
TIBCO, TIBCO iProcess™ Suite, The Power of Now, 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.
Contact Information: Media Contacts:
Phillip Tree
TIBCO Software Inc.
(650) 846-8529
Erin K. Farrell Talbot
Farrell Talbot Consulting for TIBCO
917-232-9309