TIBCO to buy Information Builders to bolster data and analytics biz

TIBCO has agreed to acquire Information Builders, a data and analytics software company. The data management and analytics capabilities of Information Builders will enhance TIBCO’s Connected Intelligence platform.
TIBCO Software business“With the acquisition of ibi, we gain access to a set of analytics and technology, enhancing our ability to help organizations solve their complex data problems,” said Dan Streetman, chief executive officer of TIBCO.

ibi helps organizations manage complex and disconnected data so they can build, embed, and automate intelligence in everything they do. With a shared focus on customer excellence and innovation, TIBCO and ibi will partner with customers to transform their business and drive sustainable innovation.

ibi’s data quality, preparation, and integration products will support the TIBCO Any Data Hub and Responsive Application Mesh strategies. In addition, TIBCO’s Hyperconverged Analytics strategy will be enriched with the infusion of ibi’s analytics solution, WebFOCUS.

Millions of people use ibi-powered software across the healthcare, financial services, public sector, manufacturing, transportation and logistics, and retail industries. ibi solutions have received more than 40 awards for Outstanding Customer Service and Support, including ones for a Cloud BI and Technology Innovation.

Gartner has recognized TIBCO as a Leader in Gartner’s 2020 Magic Quadrant for Data Science and Machine Learning Platforms for the second year in a row.

Gartner evaluated the strengths and cautions of 16 Data Science and Machine Learning (DSML) platform providers and named TIBCO in the Leaders quadrant. DSML vendors are plotted by Gartner based on their ability to execute and their completeness of vision.

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