Palo Alto-based Tibco Software Inc unveiled Tibco Business
Studio, the first software offering in a series of role-based design technology
targeting the business user. This software represents a unified Eclipse-based
environment that integrates modeling, management and simulation to help
facilitate collaboration between business and IT users and optimizes processes,
thereby decreasing time-to-market of enterprise projects.
Unveiling the software at TUCON 2006, Tibco's annual user
conference being held at Orlando's Omni Resort, Ram Menon, Senior VP
(Worldwide Marketing), Tibco Software said, "Modeling and managing
processes is becoming more and more difficult and there is ongoing pressure to
reduce the time from design to execution. Tibco Business Studio streamlines
complex processes, simulates what if scenarios and encourages process
optimization, helping our customers realize a return on their solutions even
faster."
As Business Process Management (BPM), SOA and business
optimization technologies evolve, so does the complexity of the processes that
they manage. According to a Gartner report, Business Process Analysis (BPA) and
modeling is becoming a starting point for BPM projects and compliance
activities. The assistance of a tool with visualization and other features, such
as simulation and activity-based costing, is essential to optimize business
processes and realize BPM cost and time savings.
According to Menon, Tibco Business Studio addresses the
challenges of incorporating assets, both inside and outside of the organization,
modeling them into business processes and simulating how they would perform
prior to deployment.
Earlier in his inaugural address, Vivek Ranadive, Chairman
and CEO, Tibco Software, brought the house down when he started his speech
saying, "I have a lot of similarities with Dilbert." Then on a more
serious note, he went about espousing the cause of the Service Oriented
Architecture (SOA), which Tibco is so passionate about. Bashing companies like
IBM and Oracle, he thundered, "Database Oriented Architecture is an
architecture for extortion. There is a sea change occurring. Now it is the era
of Service Oriented Architecture."
TUCON 2006 is the annual user conference of the $446 million
Palo Alto-based Tibco Software Inc, a business integration and process
management software company that enables real time business. The theme of this
two-day conference "Learn, Engage and Leverage" was designed to
facilitate attendees' opportunity to collaborate with an extensive network of
Tibco experts, partners, peers and industry leaders. The basic idea is to
deliver on their real-time vision and deepen their practical knowledge of BPM,
business optimization and SOA.
ASIM RAINA
(Travel for this story was sponsored by Tibco).