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TIBCO Positioned as a Leader for SOA Governance in 2011 Magic QuadrantTIBCO's Integrated SOA Governance Portfolio Ensures the Effective and Efficient Use of SOA for the Greatest Return on Investment (October 31, 2011)
PALO ALTO, CA -- (Marketwire) -- 10/31/11 -- TIBCO Software Inc. (NASDAQ: TIBX) today announced that it has been positioned by Gartner, Inc. in the "Leaders" quadrant of the "Magic Quadrant for SOA Governance Technologies." The evaluation of TIBCO in this Magic Quadrant is based on "ability to execute" and "completeness of vision."
"TIBCO has been a market leader in SOA and SOA Governance Technologies for quite some time, and we believe Gartner's latest report confirms our ability to meet growing customer demands on getting the greatest return on investment from their SOA projects," said Ivan Casanova, director, product marketing, TIBCO. "On the heels of being named one of the top five 2010 market share leaders in SOA Governance based on total software revenue from Gartner, our integrated SOA governance portfolio continues to deliver value with end-to-end governance across the entire service lifecycle, including design, development, testing, deployment, maintenance, and retirement."
According to Gartner: "As service-oriented architecture becomes mainstream and takes on different names, the importance of SOA governance and the technologies related to it keep increasing. The market for SOA governance technologies keeps changing, driven by more comprehensive requirements from end users."
With growth in SOA Governance revenue of over 70 percent year on year between 2009 and 2010, TIBCO offers an integrated portfolio that comprehensively governs all business services from design-time to run-time, and includes proactive performance and health monitoring of IT and business services.
TIBCO's ActiveMatrix SOA Governance offering integrates extensively with the company's leading Business Integration, Business Process Management, Master Data Management and Complex Event Processing offerings, as well as third party technologies. For more information visit: http://www.tibco.com/products/soa/governance/.
For more information about TIBCO, please visit: www.tibco.com or to download the full report, please visit http://forms2.tibco.com/gartner-magic-quad-soa-2011-q411.
Source: Gartner, Inc. Market Share: All Software Markets, Worldwide, 2010, Colleen Graham et al, March 30, 2011.
About the Magic Quadrant
The Magic Quadrant is copyrighted 2011 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 Inc. (NASDAQ: TIBX) is a provider of infrastructure software for companies to use on-premise or as part of cloud computing environments. Whether it's optimizing claims, processing trades, cross-selling products based on real-time customer behavior, or averting a crisis before it happens, TIBCO provides companies the two-second advantage -- the ability to capture the right information at the right time and act on it preemptively for a competitive advantage. More than 4,000 customers worldwide rely on TIBCO to manage information, decisions, processes and applications in real time. Learn more at www.tibco.com.
TIBCO, two-second advantage, ActiveMatrix and TIBCO Software are trademarks or registered trademarks of TIBCO Software Inc. 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.
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