Software provides business activity monitoring capabilities.
Press Release Summary:
With TIBCO iProcess(TM) Suite v10.5, businesses can define key metrics and examine status of in-flight processes. Program offers dynamic deadlines for flexibility and control in managing work queues. Graphical audit trail functionality provides simplified viewing of case histories for visibility and control. With form-building capabilities offered via General Interface(TM), users can customize look and feel of web interface and create custom forms.
Original Press Release:
TIBCO Releases New Version of Business Process Management Software
TIBCO iProcess Suite Version 10.5 Delivers Actionable Insight with Business Activity Monitoring Capabilities
PALO ALTO, Calif., Nov. 14 /-- TIBCO Software Inc. (NASDAQ:TIBX), a leading business integration and process management software company that enables real-time business, today announced general availability of TIBCO iProcess(TM) Suite, version 10.5. In addition to improvements in performance and scalability, TIBCO's latest business process management (BPM) offering introduces real-time Business Activity Monitoring (BAM) capabilities enabling customers to avert problems and take advantage of opportunities.
Broken, inefficient and labor-intensive manual processes are often the root causes of unsatisfactory customer service and poor business performance. To compete effectively, organizations need to be more efficient and adaptable to market conditions, yet still comply with requisite controls and industry regulations. With the addition of TIBCO iProcess Insight, a wizard-based product, businesses can easily define key metrics and examine the status of in-flight processes. This benefit offers a unique view into processes by instantly leveraging dashboard insight to detect patterns, take corrective action and improve operations, such as claim management processes and trade exceptions.
"In the marketplace, momentum is gaining around better managing business processes. Organizations that have already completed several BPM initiatives are realizing significant productivity increases and want to do more. Because of this, naysayers will be forced to recognize BPM as a way to more directly link business with IT and reap the productivity gains in the process."(1)
TIBCO iProcess Suite, version 10.5 also provides enhanced usability features in its browser-based client that is built on TIBCO's Asynchronous, JavaScript and XML (AJAX) development framework. New graphical audit trail functionality provides users a simplified viewing of case histories for increased visibility and control. Additionally, users can take advantage of the advanced form-building capabilities offered via TIBCO General Interface(TM) to customize the look and feel of the Web interface and create custom forms.
Built on an open architecture, TIBCO iProcess Suite version 10.5 also delivers increased scalability and performance functionality. Highlights include:
o Dynamic deadlines for greater flexibility and control in managing work queues;
o Work queue performance and scalability enhancements to support a larger number of concurrent users;
o Extended database support for Oracle Real Application Cluster (RAC) for Oracle 10G as well as Microsoft SQL Server 2005;
"Business processes are rarely static. They are constantly evolving based on market conditions, competitive pressures and customer requirements," said Jeff Kristick, senior director, Product Marketing, TIBCO Software. "Consequently, business activity monitoring has become an important part of the feedback loop in a process-driven enterprise. For many of TIBCO's customers, the business imperative is shifting from simply recognizing and reacting to unforeseen patterns and events to proactively detecting patterns and driving continuous process improvement."
TIBCO iProcess Suite, version 10.5 is now available to the public. To learn more, visit www.tibco.com for details or stop by TIBCO's booth at the Shared Insights Business Process Management Conference, being held Nov. 14-16, 2006, at the Intercontinental Hotel in Boston. For more information about the conference itself, please visit www.sharedinsights.com.
About TIBCO
TIBCO Software Inc. is a leading business integration and process management software company that enables real-time business. Real-time business is about giving organizations the ability to sense and respond to changes and opportunities as they arise. TIBCO has delivered the value of real-time business, what TIBCO calls The Power of Now(R), to over 2,500 customers around the world and in a wide variety of industries. To learn about TIBCO's solutions for service-oriented architecture (SOA), business process management (BPM) and business optimization, contact TIBCO at +1 650-846-1000 or on the Web at www.tibco.com. TIBCO is headquartered in Palo Alto, California.
NOTE: TIBCO, the TIBCO logo, The Power of Now, TIBCO Software, TIBCO General Interface and TIBCO iProcess Suite are trademarks or registered trademarks of TIBCO Software Inc. 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.
(1) How to Overcome the Hurdles Presented During Early BPM Adoption, M.J. Melenovsky, Gartner, May 26, 2006
CONTACT: Holly Burkhart of TIBCO Software Inc., +1-650-846-8463, or hburkhart@tibco.com
