TXOdds Selects TIBCO StreamBase for Zero-Latency Analytics
PALO ALTO, CA -- (Marketwired) -- 04/04/14 -- TIBCO Software Inc.
(NASDAQ: TIBX) today announced that TXOdds, the global leader in
real-time betting data, has selected TIBCO StreamBase(R) to power its
new, innovative generation of zero-latency odds analytics.
TXOdds is the leading provider of zero-latency odds data for a global
network of betting markets. The new TXOdds data service provides
real-time betting analytics discovered using the StreamBase(R) Event
Processing platform. With TXOdds analyzing fluctuations in lines that
represent opportunities or trouble in over 50 betting markets in real
time, subscribers can quickly identify, understand, and act
accordingly on that data.
"Today, 80% of the world's betting decisions are made in real time,"
said Einar Knobel, chief executive officer, TXOdds. "Our firm is a
leader in providing streaming betting data to our subscribers, so it
was only fitting that we employ a stream-based solution for our new,
innovative betting analytics. The biggest value of TIBCO StreamBase
is how quickly we were able to obtain these innovative odds analytics
-- we deployed in months what would have taken years with traditional
programming tools such as Java or .NET."
"Online betting is a great example of an industry in which technology
is changing -- now, you need to be real time to compete," said Mark
Palmer, general manager, TIBCO StreamBase. "By deploying a rapid
analytics development platform like StreamBase, TXOdds has brought an
innovative service to market quickly, establishing a huge competitive
advantage for the firm with unique analytics that help players gain
TIBCO Software Inc. (NASDAQ: TIBX) is a global leader in
infrastructure and business intelligence software. Whether it's
optimizing inventory, cross-selling products, or averting crisis
before it happens, TIBCO uniquely delivers 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.
With a broad mix of innovative products and services, TIBCO is the
strategic technology partner trusted by businesses around the world.
Learn more about TIBCO at www.tibco.com.
TIBCO, Streambase, Two-Second Advantage, and TIBCO Software are
trademarks or registered trademarks of TIBCO Software Inc. or its
subsidiaries in the United States and/or other countries. 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.
TIBCO Software Inc.
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