PALO ALTO, US - TIBCO Software Inc. (NASDAQ: TIBX) today announced TIBCO ActiveMatrix® BPM 3.0, the next major version of the company's acclaimed business process management (BPM) suite that makes an organization more effective in adapting to a constantly changing environment.
Organizations across every industry must drive innovation by bringing the power of event-driven processes and Fast Data to their businesses, providing actionable insight into what's happening right now. ActiveMatrix® BPM 3.0 brings a host of powerful new capabilities that enable businesses to adapt to real-time events, ultimately improving business outcomes while enhancing their customer's overall experience.
"In today's era of disruptive technologies, such as Fast Data and the Internet of Things, organizations must do more than just automate their existing business processes: they must digitalize them," said Matt Quinn, chief technology officer, TIBCO. "Digitalization involves capitalizing on disruption and innovation to increase business success, giving our customers the power to take advantage of new economies and new markets. ActiveMatrix BPM 3.0 enables our customers to embrace these new advancing technologies and allows them to compose the best possible process for the current situation, in the moment."
Every second there are millions of events produced by people, processes and systems, across an enterprise. ActiveMatrix BPM 3.0 provides processes flexible enough to react to the right events in real time, ushering in event-driven BPM, so businesses can react to events as they happen in the organization and have contextual conversations across all channels.
With ActiveMatrix BPM 3.0, enterprises can design and execute the complete spectrum of business process styles (e.g., Case Management, Dynamic, Event-Driven) in a single solution that eliminates the need for additional products or custom coding, resulting not only in cost savings, but faster time-to-market for improved business performance. ActiveMatrix BPM 3.0 brings event-driven architecture and case management capabilities that open up a new world of possibilities for customer servicing, marketing operations and fraud of dispute handling.
"TIBCO offers a strong set of traditional BPM features. It also provides forward-thinking capabilities around work management, work analytics, events, and the ability to dynamically generate tasks and a contextualized user interface delivered to a mobile app or PC browser. For those reasons along with its comprehensive set of capabilities, TIBCO is the only Leader also designated as a disruptive innovator." IDC MarketScape: Worldwide Business Process Platforms 2014 Vendor Assessment Doc # 247683 Apr 2014.
