PALO ALTO: Palo Alto-based Tibco Software Inc unveiled Tibco Business Studio, the first software offering in a series of role-based design technology targeting the business user. This software represents a unified Eclipse-based environment that integrates modeling, management and simulation to help facilitate collaboration between business and IT users and optimizes processes, thereby decreasing time-to-market of enterprise projects.

Unveiling the software at TUCON 2006, Tibco's annual user conference being held at Orlando's Omni Resort, Ram Menon, Senior VP (Worldwide Marketing), Tibco Software said, “Modeling and managing processes is becoming more and more difficult and there is ongoing pressure to reduce the time from design to execution. Tibco Business Studio streamlines complex processes, simulates what if scenarios and encourages process optimization, helping our customers realize a return on their solutions even faster.”

As Business Process Management (BPM), SOA and business optimization technologies evolve, so does the complexity of the processes that they manage. According to a Gartner report, Business Process Analysis (BPA) and modeling is becoming a starting point for BPM projects and compliance activities. The assistance of a tool with visualization and other features, such as simulation and activity-based costing, is essential to optimize business processes and realize BPM cost and time savings.

According to Menon, Tibco Business Studio addresses the challenges of incorporating assets, both inside and outside of the organization, modeling them into business processes and simulating how they would perform prior to deployment. “The end result is an ability to move to execution in a more timely and accurate manner.”

Earlier in his inaugural address, Vivek Ranadive, Chairman and CEO, Tibco Software, brought the house down when he started his speech saying, “I have a lot of similarities with Dilbert.” Then on a more serious note, he went about espousing the cause of the Service Oriented Architecture (SOA), which Tibco is so passionate about. Bashing companies like IBM and Oracle, he thundered, “Database Oriented Architecture is an architecture for extortion. There is a sea change occurring. Now it is the era of Service Oriented Architecture.”

TUCON 2006 is the annual user conference of the $446 million Palo Alto-based Tibco Software Inc, a business integration and process management software company that enables real time business. The theme of this two-day conference “Learn, Engage and Leverage” was designed to facilitate attendees' opportunity to collaborate with an extensive network of Tibco experts, partners, peers and industry leaders. The basic idea is to deliver on their real-time vision and deepen their practical knowledge of BPM, business optimization and SOA.