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TIBCO Leads Fast-Growing CEP Space, Says Leading IT Analyst Firm

New Release of TIBCO BusinessEvents(TM) Delivers Quantum Leap in Complex Event Processing Scalability; Capable of Monitoring Millions of Events

PALO ALTO, Calif., Sept 22, 2008 /PRNewswire-FirstCall via COMTEX News Network/ -- TIBCO Software Inc.
(Nasdaq: TIBX) continued its market leadership in the fast-growing Complex
Event Processing (CEP) space, according to a new report from IDC. TIBCO thus
marked another year as the undisputed CEP leader, with a market share of 40.2
percent -- twice the share of its closest competitor-while experiencing 52
percent year-over-year growth, according to the IDC study.[1]

"CEP is the fastest-growing segment of the global event-driven middleware
market," according to Maureen Fleming, director of IDC's BPM and middleware
research program. "We expect this growth to continue as enterprises build
event-driven applications that, in essence, act as real-time navigation
systems for business."

This news comes with the launch of TIBCO BusinessEvents(TM) Enterprise
Suite, which adds significant new functionality to the company's CEP software.
BusinessEvents(TM) Enterprise Suite features a new business user interface for
easier, more intuitive rules authoring as well as support for event streams
processing. In addition, the solution's industry-first distributed event
processing capabilities can monitor a practically unlimited number of events,
making it by far the most robust and scalable CEP offering in the market.

"TIBCO has been working with leading private companies and public sector
clients to realize the benefits of CEP long before it became such a hot
market, said Ram Menon, executive vice president, worldwide marketing at
TIBCO. " As the leading provider of event driven infrastructure software, we
are proud to be singled out in this report as continuing our lead over the
many other firms who have entered the field more recently."

TIBCO BusinessEvents Enterprise Suite is available for purchase
immediately. To learn more about TIBCO's CEP, SOA and BPM solutions, visit
www.tibco.com.

About TIBCO

TIBCO's technology digitized Wall Street in the '80s with 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, The Power of Now, TIBCO BusinessEvents, BusinessEvents 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.

[1] IDC, Worldwide Event-Driven Middleware 2008-2012 Forecast and 2007
Vendor Shares, Doc # 213956, September 2008

SOURCE TIBCO Software Inc.


http://www.tibco.com

Copyright (C) 2008 PR Newswire. All rights reserved


 



 
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