Leading Independent Research Firm Cites TIBCO Spotfire as Strong Performer in Enterprise Business Intelligence

SOMERVILLE, Mass., Aug. 25 /PRNewswire/ -- TIBCO Software Inc. (Nasdaq: TIBX), today announced that Forrester Research, Inc. has recognized the TIBCO Spotfire(R) line of products as a strong performer in BI reporting and analysis platforms, according to the July 2008 Forrester Wave(TM): Enterprise Business Intelligence (BI) Platforms, Q3 2008. Forrester cited TIBCO as a strong performer based on the company's market presence, strategy, and current Spotfire offering.(1)

According to Forrester, "TIBCO, a recent entrant into the BI market with the acquisition of Spotfire, leverages its long history of success and expertise in middleware for integrating visual information analysis with process orchestration and business rules."

Unlike other products that notify users of problems, but do not initiate an action or fix, TIBCO Spotfire(R) Operations Analytics closes the business process improvement loop by automatically preparing an interactive analysis application of a real-time process based on customer-defined rules. Using this single application on their desktop, business professionals can quickly perform root-cause analysis and then revise rule parameters to improve future business performance.

According to Forrester, "While many BI vendors talk about enterprise optimization or enterprise decision management that can only be enabled through seamless convergence of BI, business process management, and business rules engines, the TIBCO Spotfire team is actually implementing such solutions today. Its Operational Analytics bundle can display data and process metrics and let an end user correct rules and process flows if necessary. Users can even see the updated results in real time."

"TIBCO Spotfire products deliver on the vision of pervasive BI -- where everyone is equipped to discover new insights," said Christopher Ahlberg, EVP and President, Spotfire division. "With Spotfire's combination of in-memory analytics and interactive visualization for building and sharing analytic applications, we are setting new standards in innovation and functionality to help our customers achieve greater insights into business performance."

The comprehensive report evaluated 12 vendors competing in this market today. More information about the report and related research is available at http://www.forrester.com .

About TIBCO

TIBCO Software Inc. 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 Spotfire, TIBCO Spotfire Operations Analytics and Spotfire are trademarks or registered trademarks of TIBCO Software Inc. and/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.

    Contacts:
    Jim Baptiste                        Amy Groden-Morrison
    Davies Murphy Group, Inc.           TIBCO Software Inc.
    (781) 418-2438                      (617) 702-1710
    spotfire@daviesmurphy.com           amorriso@tibco.com
    http://www.daviesmurphy.com         http://www.spotfire.com

    (1) Source: Forrester Wave(TM): Enterprise Business Intelligence (BI)
        Platforms, Q3 2008, by Boris Evelson, July 2008.

SOURCE TIBCO Software Inc.