TIBCO BPM+ Helps Customers Achieve Positive Return on Investment in One Year
TIBCO BPM+ Helps Customers Achieve Positive Return on Investment in One Year
Companies Realize up to Four-Times Efficiency Gains in Core Business Processes
PALO ALTO, CA, Dec 10, 2008 (MARKET WIRE via COMTEX) --
TIBCO Software Inc.
today announced the expanded
reach of its BPM+ initiative, increasing the convergence of TIBCO
iProcess(TM), its leading Business Process Management (BPM) suite
with its Service Oriented Architecture (SOA), Web 2.0, Complex Event
Processing (CEP) and Master Data Management (MDM) technologies.
TIBCO iProcess(TM) Suite version 11 further unifies design and
operations, enabling business experts to own and rapidly improve more
of the business process.
TIBCO's unique approach to BPM is to deliver a unified solution that
extends from process design to process optimization and from
front-office to back-office processes extending business processes to
a higher level of sophistication beyond what has traditionally been
accomplished. Business experts can now own and rapidly change
processes involving people, information and systems across the entire
business process management lifecycle, from business modeling and
simulation to execution, and business activity monitoring.
Many companies have already been using TIBCO BPM+ to transform their
core business processes. KPN, one of the leading telecommunications
providers in Europe with over 35 million customers, is transforming
over the last few years from a traditional PTT threatened by a
shrinking fixed landline business into a growth company delivering
fixed, mobile, broadband and bundled offerings on an all-IP network.
KPN relied on TIBCO's BPM+SOA technology to make this transformation
a reality, and become a much more agile IT organization.
"In 2005, KPN had a traditional telecommunications IT environment,
with an existing portfolio of over 1000 applications that were
expensive to maintain and took too long to change," said Eric Kramer,
program manager at KPN. "In order to support all-IP, broadband and
multi-product initiatives in the timeframes needed for the business,
we had to adopt a new approach. Three years later, KPN's IT is
completely different. Nearly 60% of KPN's business is running on
TIBCO's BPM and SOA products, with over 450 business services in
production. We deliver projects much faster and more efficiently, and
achieve 40-60% reuse in a given project. Most importantly, TIBCO BPM
and SOA have helped us transform into a more profitable, more nimble
growth company, and be first to market with new offerings like 100 MB
broadband access or ITV."
Many companies have gained substantial benefits in terms of cost
savings, faster time to market and increases in bottom line revenue
using TIBCO BPM+. Specific benefits achieved include:
-- 75 percent lower labor costs
-- Up to a 90 percent reduction in business process cycle times
-- Up to 90 percent shorter development times
-- Some projects delivered in 30 days
-- Up to 50 percent revenue growth
"In this economic environment, businesses need software that rapidly
improves the efficiency of their core business processes to create
bottom line benefits," said Ram Menon executive vice president,
worldwide marketing at TIBCO. "With the increases in agility and
productivity that this latest release adds on top of TIBCO's proven
BPM leadership, I anticipate we will continue to attract smart
companies looking for quick and quantifiable returns from their BPM
investments."
About TIBCO
TIBCO technology digitized Wall Street in the '80s with the
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(R). 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.
Learn more at www.tibco.com.
TIBCO, TIBCO iProcess(TM) Suite, The Power of Now, and TIBCO Software
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.
SOURCE: TIBCO Software Inc.
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For more resources on Business Process Management see: THE BPM NETWORK
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Gary E. Smith
BPM Architect - BPM in a Connected World
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