CEO: Dan Streetman
TIBCO entered 2021 by closing its acquisition of business analytics pioneer Information Builders, announced in October, for an undisclosed sum. Now begins the challenging work of combining the two companies’ operations and product lines.
TIBCO plans to add Information Builders’ flagship WebFocusS business analytics and reporting platform to its product lineup and enrich its Hyperconverged Analytics business analytics strategy. Information Builders’ data quality, preparation and integration products are being added to the TIBCO Any Data Hub and Tibco Responsive Application Mesh strategies.
TIBCO is already a player in the business analytics and big data management arena thanks to previous acquisitions such as Spotfire, Jaspersoft, Statistica, Alpine Data Labs and SnappyData. But the IBI acquisition was TIBCO’s largest and the industry will be watching to see how well the company leverages its expanded product portfolio.