Thanks for the post.
"Tibco Software Inc. is probably the biggest software company you've never heard of. But not for long."
Can't wait for it to catch on..
Meanwhile, Ranadive was busy today --
TIBCO Software CEO Talks About the Future of Internet Computing
Ranadive Delivers Keynote at mcast 2000 About Shift to Distributed Computing
SAN FRANCISCO, Feb. 8 /PRNewswire/ -- Vivek Ranadive, Chairman and CEO of TIBCO
Software Inc. (Nasdaq: TIBX), opened the IPMI mcast 2000 show today by predicting a world
of real-time information delivery based on IP multicasting, a technology that allows
information to be "broadcast" over the Internet in a highly efficient manner. (A webcast
of the speech will be available on the mcast 2000 website at stardust.com.)
Ranadive stated he sees a future in which billions of "multicast units," such as cell
phones, pagers, cars, refrigerators, etc., are tied into vast value webs of information
exchange. As such, this information exchange in the mulitcast-enabled future will be
dynamic and complex.
No longer will information be locked in database "silos," but instead, it will be
distributed freely. Whenever information changes, the new data will be published out to
all interested parties, via multicast software. The world will become a virtual trading
floor, with information being the "stock" of choice.
Because of this fundamental change, Ranadive sees the world becoming increasingly
customer-centric. Companies that do not utilize and deliver real-time information,
internally and externally, will miss out on the staggering opportunities that will result
from dynamic Business-to-Business (B2B) and Business-to-Consumer (B2C) e-commerce.
As an example of this dynamic commerce environment, Ranadive cited the synchronization
of business processes, which will remove friction from the economy. When a customer
orders a digital subscriber line (DSL) line, no longer will it take several people and
days, if not weeks to process the order. Instead, through multicast, provisioning will
be done in real-time, resulting in greater service to the end user. As soon as a
customer service representative enters an order for DSL, the necessary information is
sent to all information technology systems, thereby automatically activating the DSL.
Ranadive said that in this new world of personalized information delivery, IP
multicasting is the only model that can support the ever-increasing number of content
producers and subscribers. This need is the catalyst behind TIBCO's recent announcements
that Cisco has licensed TIBCO products to embed in its entire networking product line and
that Pragmatic General Multicast (PGM), the multicast standard co-developed by TIBCO and
Cisco, is now open source. The announcements mean developers can start utilizing the PGM
standard that is now embedded in all Cisco networking products to more efficiently
distribute information.
Ranadive closed by saying that only as more and more programs are written for and
utilize PGM can the full potential of the information revolution be realized.
About Stardust.com
Stardust.com, organizers of mcast 2000, makes sense of new Internet stuff for Internet
networking professionals. The company oversees multi-vendor alliances, produces
specialized technology conferences and provides comprehensive online information
resources at Stardust.com - all focused on new Internet technologies. Founded in 1995,
Stardust.com is a Penton Media, Inc company headquartered in Campbell, California with
offices in Europe. The Stardust.com Web address is www.stardust.com.
About TIBCO Software
TIBCO Software Inc. (Nasdaq: TIBX) is a leading provider of real-time infrastructure
software for the Internet and enterprise. Recently ranked by IDC as the number one
provider in the Businessware category, TIBCO's products and services enable computer
applications and platforms to communicate efficiently across networks, including the
Internet. The TIB/ActiveEnterprise(R) product suite facilitates the distribution of
information and integration of business processes by connecting applications to a network
through patented technology called The Information Bus(R) or TIB(R). TIB technology was
first used to "digitize" Wall Street and has been adopted in diverse industries,
including manufacturing, energy, telecommunications, and electronic commerce. TIBCO
Software's global client base includes Cisco Systems, Yahoo!, Sun Microsystems, NEC,
3Com, AT&T, Philips, and Netscape. Headquartered in Palo Alto, California, TIBCO Software
can be reached at 650-846-1000 or on the Web at tibco.com.
NOTE: TIBCO, TIB/ActiveEnterprise, The Information Bus and TIB are trademarks or
registered trademarks of TIBCO Software Inc.
Legal Notice Regarding Forward-Looking Statements: This release may contain
forward-looking statements regarding TIBCO's business, customers or other factors that
may affect future earnings or financial results. Actual results could differ materially
from those projected in such forward-looking statements. Additional information
concerning factors that could cause our actual results to differ materially from those
contained in the forward- looking statements can be found in TIBCO Software's filings
with the Securities and Exchange Commission ("SEC"), including but not limited to its
registration statement on Form S-1 which was declared effective by the SEC on July 13,
1999, and the most recent reports on Form 10-Q, which identify important risk factors
that could cause actual results to differ from those contained in the forward-looking
statements including limited independent operating history, history of losses,
unpredictability of future revenue, dependence on a limited number of customers,
relationship with Reuters Group PLC, rapid technological and market changes, risks
associated with infrastructure software and volatility of stock price. Copies of filings
made with the SEC are available through the SEC's electronic data gather analysis and
retrieval system (EDGAR) at www.sec.gov. TIBCO assumes no obligation to update the
forward-looking statements included in this document.
/CONTACT: Tanya Klaserner of TIBCO Software Inc., 650-846-5796 or tanyak@tibco.com;
or Sean Mills of Phase Two Strategies, 415-772-8402 or sean_mills@p2pr.com, for TIBCO
Software Inc./
12:27 EST
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