TIBCO Software Inc (NASDAQ: TIBX), a leading business integration and process management software company that enables real-time business, today announced that Forrester Research (NASDAQ: FORR) has rated TIBCO Software the "Overall Market Leader" in its most recent evaluation of integration suite vendors, giving the company high scores across the current offering, strategic alliance, new customers and installed base categories.
In addition, Forrester recognised TIBCO for delivering "a powerful solution that encompasses a comprehensive application and process integration capability". (The Forrester Wave: Integration Suites, Q3 2005, Forrester Research, Inc, July 2005.)
In The Forrester Wave evaluation of Integration Suites for Q3 2005, Forrester reports that increasing demand for organizational process improvement continues to drive high levels of interest in combined enterprise application integration (EAI), business-to-business integration (B2Bi), and business process management (BPM) integration suites. This analysis is followed by a comparative evaluation of the top 13 vendors against 125 key criteria developed through examination of research, user need assessments and vendor and expert interviews.
"TIBCO came out as the market leader based on its strong showing across the process management, partner management, monitoring and reporting, and business rules categories, plus its good marks across the strategy domain," stated Ken Vollmer, principal analyst, Forrester Research. "The company provides a powerful solution that encompasses a comprehensive application and process integration capability and has worked aggressively over the past two years to strengthen their level of integration suite functionality."
According to the Forrester Wave, enterprises continue to place integration technology high on the purchase priority list. In addition, composite applications, made possible by SOAs, are predicted to be the primary driver of integration suite implementations over the next five years. TIBCO is committed to the SOA concept and has embedded core SOA technology into its products. (Integration Suites, Q3 2005, Vendor Scorecard: TIBCO Software BusinessWorks, Forrester Research, Inc, July 2005)
"We are pleased that Forrester recognises TIBCO`s strong product strategy and vision for the Integration market," said Ram Menon, senior vice-president, Worldwide Marketing, TIBCO. "Our comprehensive integration suite combines EAI, B2Bi and BPM capabilities into a single technology stack that has been augmented by many other features once available only as standalone products, such as BAM, portals and rules engines. This forward-thinking vision keeps TIBCO the overall market leader among integration suite vendors."
Forrester Research is an independent technology and market research company that provides pragmatic and forward-thinking advice about technology`s impact on business and consumers. For more information on Forrester Research and its products and services, visit www.forrester.com.
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