TIBCO Software Inc (NASDAQ: TIBX), a leading enabler of real-time business and the world`s largest independent business integration software company, today announced that it has been positioned in the April 2005 "Leaders" quadrant of Gartner`s integration backbone Magic Quadrant.
According to Gartner, leaders are defined as vendors that are performing well today, have a clear vision of market direction and are actively building competencies to sustain their leadership position in the market.
"TIBCO`s vision is to deliver innovative business integration solutions for the next phase of real-time business, or what we call Predictive Business, which helps organisations avoid potential problems, anticipate customer needs and growth opportunities, and proactively pursue them for significant gain," said Ram Menon, senior vice-president of Worldwide Marketing, TIBCO Software Inc.
"This strategy resonates with the market and is translating into sales, as evidenced by TIBCO`s seven consecutive quarters of revenue growth and profitability and TIBCO`s position in the Leaders quadrant is further industry validation," added Menon.
TIBCO recently advanced its Predictive Business strategy at the Gartner Application Integration and Web Services Summit in Los Angeles last week with the introduction of TIBCO BusinessEvents, an enterprise-class, complex events processing product that proactively identifies and responds to potential business threats and opportunities occurring at diverse layers within an organisation and across the value chain.
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The Gartner magic quadrant positions vendors in four major categories: leaders, visionaries, challengers or niche players. The Magic Quadrant is copyrighted 8 April 2005 by Gartner, Inc and is reused with permission. The Magic Quadrant is a graphical representation of a marketplace at and for a specific time period. It depicts Gartner`s analysis of how certain vendors measure against criteria for that marketplace, as defined by Gartner. Gartner does not endorse any vendor, product or service depicted in the Magic Quadrant, and does not advise technology users to select only those vendors placed in the "Leaders" quadrant. The Magic Quadrant is intended solely as a research tool, and is not meant to be a specific guide to action. Gartner disclaims all warranties, express or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
TIBCO Software
TIBCO Software Inc (NASDAQ:TIBX) is the leading independent business integration software company in the world, demonstrated by market share and analyst reports. In addition, TIBCO is a leading enabler of real-time business, helping companies become more cost-effective, more agile and more efficient. TIBCO has delivered the value of real-time business, what TIBCO calls The Power of Now, to over 2 000 customers around the world and in a wide variety of industries. For more information on TIBCO`s proven enterprise backbone, business integration, business process management and business optimisation solutions, TIBCO can be reached at +1 650-846-1000 or on the Web at www.tibco.com. TIBCO is headquartered in Palo Alto, California.