TIBCO Spotfire and Composite Software Combine Forces to Address Challenges in Big Data Analytics Analytics Alliance Delivers on Need for Agile and Flexible Business Intelligence PALO ALTO, CA -- (Marketwired) -- 07/25/13 -- TIBCO Software Inc. (NASDAQ: TIBX) and Composite Software today announced that the two companies have aligned to offer joint customers the ability to respond and adapt to the changing data landscape by providing a complete analytic application stack that is both agile and flexible. The combination of the TIBCO Spotfire(R) Analytics Platform and the Composite Data Virtualization Platform allows businesses to get an analytic solution in production much faster than alternatives, while allowing organizations to quickly adapt as data sources and business needs change. One of the biggest challenges for business intelligence (BI) users today is how to develop BI systems that have an agility level that matches the speed at which the business evolves. Business leaders are eager to exploit Big Data for their organizations, but often struggle with the limited agility of existing physical data consolidation approaches and traditional BI and analytic tools. The combination of Spotfire(R) and Composite brings to market a powerful, yet agile, data analytics solution that enables users to access, understand, and take advantage of information that's crucial to their business decisions. "The partnership between TIBCO Spotfire and Composite Software delivers a powerful value proposition that innovative companies require -- a combination of seamless access to diverse data sources, including Big Data, coupled with an agile analytic platform that delivers on the speed and flexibility that today's sophisticated end users demand," said Shawn Rogers, VP of Research for Business Intelligence at Enterprise Management Associates. To provide a more complete picture of their data, more quickly and with less complexity, Composite enables businesses to virtually integrate data from multiple sources, without the cost and overhead of physical data consolidation. Along with the powerful, yet easy-to-use analytics of TIBCO Spotfire, businesses gain value from their data with the agility they have been searching for in a data analytics solution. "Many of our customers require a unified view of data from a variety of databases so they can understand what's driving revenue, analyze their customers' success and find ways to reduce churn," said Robert Eve, EVP Marketing, Composite Software. "To do this, they combine lead-to-revenue information from Salesforce.com, website traffic from a big data source like Cloudera, lifetime customer value from an enterprise data warehouse like Teradata, and invoice and shipment history from SAP and then use TIBCO Spotfire to analyze this wealth of customer data." "The Cloudera platform is growing to make more data and capabilities available to our customers, at faster and faster speeds," said Tim Stevens, vice president, Business Development, Cloudera. "As this occurs, the challenge for organizations becomes how can they make the most of that data by getting it to the right end user applications at the right time? The speed and agility that the combination of the TIBCO Spotfire and Composite Software front-end and middle tier provide is key to seeing quick value from Big Data." This partnership includes the following benefits: -- High performance analytic data processing distributed across the widest variety of data sources including 30 analytic data warehouses, data bases, No-SQL sources, web services and applications such as Apache and Cloudera distributions of Hadoop, Greenplum, IBM DB2 and Netezza, Sybase IQ, Teradata, Vertica and more -- Centralized control of data and metadata -- Quick iterations and flexibility -- Rich analysis and visualization "Today, our customers use virtual data warehouses to ensure they have the flexibility to change the back end systems without affecting their operationalized guided analytic applications," said Greg Goldsmith, Director of Global Alliances at TIBCO Spotfire. "A lot of our customers were exploring Hadoop, but now in this fast moving space of Big Data they want their end users to get the immediate performance benefits that Cloudera now makes possible. Since they were using Composite as the middle tier to access Hadoop, they were able to provide this benefit to their end-decision makers without any changes to the front-end application -- or any downtime." About TIBCO TIBCO Software Inc. (NASDAQ: TIBX) is a provider of infrastructure software for companies to use on-premise or as part of cloud computing environments. Whether it's efficient claims or trade processing, cross-selling products based on real-time customer behavior, or averting a crisis before it happens, TIBCO provides companies the two-second advantage(R) -- the ability to capture the right information, at the right time and act on it preemptively for a competitive advantage. More than 4,000 customers worldwide rely on TIBCO to manage information, decisions, processes, and applications in real-time. TIBCO Spotfire is the company's in-memory analytics software for next-generation business intelligence. By offering a visual, interactive experience, Spotfire helps professionals quickly discover new and actionable insights in information. Learn more at http://spotfire.tibco.com or by following @TIBCOSpotfire. TIBCO, TIBCO Software, TIBCO Spotfire, Spotfire, and two-second advantage are trademarks or registered trademarks of TIBCO Software Inc. or its subsidiaries in the United States and/or other countries. Teradata is a trademark of Teradata Corporation in the United States and 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. About Composite Software Composite Software, Inc. is the data virtualization market leader. Hundreds of organizations use the Composite Data Virtualization Platform's streamlined approach to data integration to gain more insight from their data, respond faster to ever changing analytics and BI needs, and save 50-75% over data replication and consolidation. Composite Software is privately held, with corporate headquarters in San Mateo, CA. On June 20, 2013, Cisco announced its intent to acquire Composite Software. .To contact Composite, please call (650) 227-8200, visit us on the Web at http://www.compositesw.com, or follow us on Twitter http://twitter.com/compositesw. To learn more about data virtualization visit the DV Cafe microsite, the Data Virtualization Channel and the Data Virtualization Leadership Blog. Composite Software is a registered trademark of Composite Software, Inc. Copyright Copyright Composite Software, Inc. 2013. Composite Media Contact: Scott Humphrey Humphrey Strategic Communications 503 644-9709 firstname.lastname@example.org http://strategic-pr.com TIBCO Media Contact: Roya Pakfetrat Engage 510-748-8200 x217 email@example.com http://engagepr.com
TIBCO Spotfire and Composite Software Combine Forces to Address Challenges in Big Data Analytics
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