Last night, TIBCO Software
Management kept coming back to the 11 contracts worth more than $1 million each that were signed in the quarter, several of which were closer to $5 million. The customer list includes Comcast
In response to an analyst question on why customers should choose TIBCO software over competing products from the likes of BEA Systems
To be sure, moving to SOA software requires a few changes. Ranadive described SOA as "not a one-shot installation, but more of a mind-set, a way of life." You need to retrain your technical and financial staff to a whole new approach to how business data moves through the system, or else start over with new hires. For that reason, TIBCO doesn't expect an overnight revolution, but more of a long-term evolution. If you buy into the same vision and have a long-term investing horizon, TIBCO could serve you well.
Further Foolishness:
- See if TIBCO met this Fool's expectations.
- Read up on the SOA controversy between two of the current market leaders.
- 5 top stocks you don't know about.
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Fool contributor Anders Bylund holds no position in any of the companies discussed here. You can check out Anders' holdings if you like. Foolish disclosure is well-rounded in and of itself.