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MarketScreener Homepage  >  Equities  >  Nasdaq  >  Forrester Research, Inc.    FORR

FORRESTER RESEARCH, INC.

(FORR)
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Forrester Research : TIBCO Named an Enterprise BI Leader in Two Industry Reports for its Client-Managed and Vendor-Managed Platform

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08/12/2019 | 09:18am EDT

TIBCO Receives Highest Possible Score in 11 Out of 19 Criteria in Both Reports.

TIBCO Software Inc., a global leader in integration, API management, and analytics, today announced it was named a Leader in The Forrester Wave: Enterprise BI Platforms (Vendor-Managed), Q3 2019 by Forrester Research. The firm also cited TIBCO as a Leader in The Forrester Wave: Enterprise BI Platforms (Client-Managed), Q3 2019. Across both reports, TIBCO received the highest possible score for the criteria of augmented BI, app-building/customization, big data, data prep, deployment options, graphical user interface, systems of insight, commercial model, innovation road map, product vision, and supporting products and services.

A part of the TIBCO Connected Intelligence Cloud platform, TIBCO Spotfire offers cloud and on-premises deployments and scales to serve a wide breadth of enterprise software users, from frontline operations and analysts to data scientists. TIBCO recently announced an enhanced set of capabilities in Spotfire X, extending beyond basic business intelligence dashboarding to serve a variety of analytics needs across the enterprise. The TIBCO Spotfire Recommendations Engine leverages AI-powered technology to uncover relationships across varied datasets, while search-driven natural language querying capabilities allow the user to explore data more freely. In addition, TIBCO Spotfire Data Streams brings data in motion-including IoT data-to business intelligence, allowing users to make better decisions, faster.

'We're thrilled to be recognized in these reports by Forrester for what we believe to be our most impactful achievements in Enterprise BI,' said Mark Palmer, senior vice president and general manager, data and analytics, TIBCO. 'Our customer and market success validates our ability to keep a step ahead by delivering best-in-class analytics solutions to enterprises looking to accelerate their digital journeys. We make it as easy to analyze information in motion, like IoT data streams and Apache Kafka data, as it is to analyze a spreadsheet. It's the difference between merely amassing data and transforming data into innovation.'

The Forrester Wave: Enterprise BI Platforms (Vendor-Managed), Q3 2019 and The Forrester Wave: Enterprise BI Platforms (Client-Managed), Q3 2019 evaluated business enterprise solutions and analyzes current offering, strategy, and market presence across 19 criteria through vendor surveys and product demos, for which TIBCO earned a five out of five score in 11. Each of the vendors in the reports demonstrate key foundational BI components and a combination of BI revenues and sufficient interest from Forrester clients.

Learn more about TIBCO Spotfire, or read the Forrester Wave: Vendor-Managed Enterprise BI Platforms, Q3 2019 report.

Follow us @TIBCO on Twitter, and on our Facebook and LinkedIn pages to hear the latest news and updates from our team.

About TIBCO

TIBCO fuels digital business by enabling better decisions and faster, smarter actions through the TIBCO Connected Intelligence Cloud. From APIs and systems to devices and people, we interconnect everything, capture data in real time wherever it is, and augment the intelligence of your business through analytical insights. Thousands of customers around the globe rely on us to build compelling experiences, energize operations, and propel innovation. Learn how TIBCO makes digital smarter at www.tibco.com.

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TIBCO, Spotfire, and the TIBCO logo are trademarks or registered trademarks of TIBCO Software Inc. and/or its subsidiaries in the United States and/or other countries. Apache and Kafka are trademarks of The Apache Software Foundation. All other product and company names and marks mentioned in this document are the property of their respective owners and are mentioned for identification.

TIBCO Software Inc.

Lindsey Ashjian Torres

Public Relations

+1 650 846 8862

public.relations@tibco.com

(C) 2019 Electronic News Publishing, source ENP Newswire

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Financials (USD)
Sales 2019 462 M
EBIT 2019 -1,22 M
Net income 2019 -11,0 M
Debt 2019 -
Yield 2019 -
P/E ratio 2019 -56,2x
P/E ratio 2020 50,6x
Capi. / Sales2019 1,32x
Capi. / Sales2020 1,20x
Capitalization 610 M
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Mean consensus HOLD
Number of Analysts 3
Average target price 59,00  $
Last Close Price 32,88  $
Spread / Highest target 79,4%
Spread / Average Target 79,4%
Spread / Lowest Target 79,4%
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Managers
NameTitle
George F. Colony Chairman, President & Chief Executive Officer
Michael A. Doyle Chief Financial Officer
Carrie Johnson Fanlo Chief Research Officer
Robert M. Galford Independent Director
Gretchen G. Teichgraeber Independent Director
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