Businesss Objects And Tibco Tie-up
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Business Objects (Nasdaq:BOBJ) (Euronext Paris ISIN code: FR0004026250 - BOB), the world's leading provider of business intelligence (BI) solutions, and TIBCO Software Inc. (Nasdaq:TIBX), a leading business integration and process management software company that enables real-time business, today announced a new technology partnership to provide customers with improved process performance management solutions and make BI available to more users throughout an organization. Working together, Business Objects and TIBCO intend to integrate BusinessObjects(TM) XI Built for Operational BI with the TIBCO(R) Staffware Process Suite, a platform independent solution delivering enterprise-wide business process management (BPM) functionality. In addition, both companies will also join each others' technology partner programs. TIBCO and Business Objects share the same vision for the integration of business intelligence and process management, said Janet Wood, group vice president of global alliances and OEM at Business Objects. "With BusinessObjects(TM) XI Built for Operational BI, we are providing embedded analytics as part of business processes, giving more end users across an organization access to the information they need, when they need it, thereby improving overall efficiency. The goal of this partnership is to extend that vision even further." Through its relationship with TIBCO, Business Objects is seeking to make BI more "process-aware." Aligning BI with business processes is critical to performance management because it ties organizational performance closer to business objectives. It also makes BI more pervasive within organizations as it brings BI directly to where workers spend their time -- within business processes themselves. This allows people to have more intelligence at their fingertips and make better day-to-day decisions. The combination of our proven leadership in BPM and Business Objects leadership in BI will further enable companies to get the most out of their business processes and gain a competitive advantage, said Ram Menon, senior vice president of worldwide marketing at TIBCO. "TIBCO brings over 15 years' experience to this partnership along with our award winning BPM solutions, which have been deployed at more than 800 customer sites with more than 500,000 users worldwide." About TIBCO Software TIBCO Software Inc. (Nasdaq:TIBX) is a leading business integration and process management software company that enables real-time business. Real-Time Business is about 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(R), 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 optimization solutions, TIBCO can be reached at 650-846-1000 or on the Web at www.tibco.com. TIBCO is headquartered in Palo Alto, Calif. About Business Objects Business Objects is the world's leading business intelligence (BI) software company. With more than 30,000 customers worldwide, including over 80 percent of the Fortune 500, Business Objects helps organizations gain better insight into their business, improve decision making, and optimize enterprise performance. The company's business intelligence platform, BusinessObjects(TM) XI, offers the BI industry's most advanced and complete platform for reporting, query and analysis, performance management, and data integration. BusinessObjects XI includes Crystal Reports(R), the industry standard for enterprise reporting. Business Objects has built the industry's strongest and most diverse partner community, and also offers consulting and education services to help customers effectively deploy their business intelligence projects. Business Objects has dual headquarters in San Jose, Calif., and Paris, France. The company's stock is traded on both the Nasdaq (BOBJ) and Euronext Paris (ISIN: FR0004026250 - BOB) stock exchanges. More information about Business Objects can be found at www.businessobjects.com. Business Objects and the Business Objects logo, BusinessObjects, and Crystal Reports are trademarks or registered trademarks of Business Objects S.A. or its affiliated companies in the United States and/or other countries. TIBCO is a registered trademark of TIBCO Software Inc. in the United States and other countries. All other names mentioned herein may be trademarks of their respective owners.
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