PALO ALTO, CA--(Marketwire - June 14, 2010) - TIBCO Software Inc. (
Disk-based relational databases are expensive to buy and configure and are not built to manage real-time events, while in-memory caches do not scale well across networks or provide the rich functionality required for today's new breed of applications. By harnessing in-memory data as part of a shared, scalable data grid, ActiveSpaces Suite is planned to provide users with a new alternative that offers low-latency information access, corrects for data inconsistencies, and maintains integrity through transactional semantics. Because ActiveSpaces Suite is being designed to enable the notion of eventing, applications and systems are notified of any changes instantly rather than continually having to claw change information from databases -- enabling decision-makers to have the right information quickly before the moment of truth.
TIBCO ActiveSpaces Suite is planned to have three core elements that allow enterprises to pick and choose what they need in order to meet their specific requirements:
- TIBCO ActiveSpaces®, which is available now and will be renamed TIBCO ActiveSpaces® Data Grid, builds on a scalable peer-to-peer distribution model and provides the ability to store and analyze data in memory. Designed on the premise that today's business is characterized by data in motion as well as data at rest, ActiveSpaces® Data Grid enables high-throughput, low-latency data processing to support the generation, consumption and evaluation of events that continually influence business operations in real time.
- Businesses often need to insure data integrity and consistency even in situations where extreme speed is required and traditional transaction managers would not be practical. To be built on the Kabira Transaction Platform, TIBCO ActiveSpaces® Transactions, which is scheduled to be available within the next 12 months, is being designed to meet this requirement by providing a fully distributed, in-memory transaction management mechanism. TIBCO acquired Kabira Technologies in late April for an undisclosed amount.
- Leveraging TIBCO's acquisition of Netrics, TIBCO ActiveSpaces® Patterns, which is scheduled to be available within the next 12 months, will greatly accelerate transforming, rationalizing and making business sense of very large and potentially inconsistent data sets. The need to analyze data at rates far beyond traditional data access methods has become key as enterprises deal with real-time, event-driven operations and decision analysis. Using continuous, in-memory matching and subscription capabilities, ActiveSpaces® Patterns is being designed to provide mechanisms by which real-time data and event patterns can be evaluated appropriately matched even when the data is inconsistent and names or descriptions do not perfectly correlate.
Supporting Quotes:
"The new breed of applications our customers are building requires a new approach to the data problem," said Ram Menon, TIBCO's executive VP of worldwide marketing. "The query-based model -- where you need to keep asking the question against a database -- is simply too slow when you are dealing with billions of events per day and need to react almost instantly."
For more information, please visit www.tibco.com.
About TIBCO
TIBCO's technology digitized Wall Street in the '80s with its 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, TIBCO Software, The Power of Now, TIBCO ActiveSpaces, TIBCO ActiveSpaces Data Grid, TIBCO ActiveSpaces Transactions, TIBCO ActiveSpaces Patterns, Kabira, and Netrics are trademarks or registered trademarks of TIBCO Software Inc. and/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.
Legal Notice Regarding Forward-Looking Statements
This release contains forward-looking statements within the meaning of the "safe harbor" provisions of the federal securities laws. All statements other than statements of historical fact could be deemed forward-looking, including statements regarding the future release or capabilities of products in the TIBCO ActiveSpaces Suite. Because these forward-looking statements involve risks and uncertainties, important factors could cause actual results to differ materially. These factors include: any unforeseen delays, technical difficulties or changes in technology and standards relating to the development of this new offering. Additional information regarding potential risks is provided in TIBCO's filings with the SEC, including its most recent Annual Report on Form 10-K for the year ended November 30, 2009 and Quarterly Report on Form 10-Q for the quarter ended February 28, 2010. TIBCO assumes no obligation to update the forward-looking statements included in this release.
Contact Information:
Media Contacts:
Holly Burkhart
TIBCO Software Inc.
(650) 846-5624
hburkhart@tibco.com
Joan Hammel
Weber Shandwick
(408) 685-0605
jhammel@webershandwick.com