TIBCO Software Inc. (NASDAQ: TIBX) a leading business integration and process management software company that enables real-time business, today announced that it has completed the seamless product integration of its comprehensive Business Process Management (BPM) suite with its business integration offerings.
This move forms a dynamic combination that leverages BPM capabilities within a Service-Oriented Architecture (SOA), which will help to increase organizations' agility and efficiency through the reuse of services within business processes.
According to a Gartner report released last year, several key technologies enable business leaders and process owners to directly control and manage the execution of business processes, with less reliance on the IT organization than ever before. These technologies have converged into a software suite of tools - the BPMS. Today's announcement solidifies the strategic underpinnings for providing customers with the industry's most comprehensive BPM suite. TIBCO's all-encompassing BPM suite addresses customers' dynamic requirements for sharp, adaptable processes and a heightened desire for continuous improvement across a real-time enterprise.
TIBCO's seamless layering of BPM on top of an SOA enables customers to reduce time-to-market and minimize development costs by using a single process management suite. Consequently, customers are able to transform their monolithic CRM, ERP and legacy applications into discrete reusable services, which then serve as building blocks that can be combined, organized and orchestrated to support complex business processes.
"The alignment of our software strategy to emphasize a smarter, more innovative approach to BPM enables us to continually deliver on the promise of better-managed, higher-quality software within an SOA," said Ram Menon, senior vice president, Worldwide Marketing, TIBCO. "By moving to a converged solution, our customers can gain even greater efficiencies and reap the cost savings and revenue opportunities that improved processes bring."
As part of the acquisition of Staffware PLC in 2004, TIBCO committed to aligning and integrating the complementary technology assets of both companies to provide unified, standards-based business process technologies that can be collectively shared across TIBCO's entire product portfolio. With this announcement, TIBCO completed the shared services approach of its TIBCO Staffware Process Suite and increased its ability to rapidly deliver predictable, low-risk products.
The latest unified BPM suite provides increased integration of TIBCO iProcess engine with TIBCO BusinessWorks to unite BPM with SOA; real-time monitoring across the entire suite to improve business efficiency and greater visibility and insight into business process performance; inclusive system management capabilities that help reduce downtime and provide high availability of IT operations; and an improved user interface for compliance with next-generation technology, such as Asynchronous, JavaScript and XML for developing Rich Internet Applications.
"TIBCO's software solutions have enabled DBS to reach new levels of integration through the application of service-oriented architecture," said Sahba Saint-Claire, managing director, Business Process Management, T&O, DBS Bank. "As our business process needs continued to expand, we looked to TIBCO to also provide a converged BPM suite that offers integrated access to information and real-time monitoring and automation of business processes. TIBCO's unique combination of BPM and SOA will help us in our commitment to improve on our delivery of better customer service."