If you don't know what Tibco Software
The enterprise software builder saw second-quarter sales jump 21% year over year to $173 million, while earnings took a 27% leap to $0.08 per share. Tibco's sales have accelerated recently, each of the last three quarters showing stronger growth than the period before it. That trend dovetails nicely with what CEO Vivek Ranadive calls a "tipping point" somewhere in the last year.
The theory is that IT managers and CIOs are coming around to Tibco's world view, where the event-driven information bus often delivers the right data at the right time. Traditional database-oriented information flows might give you more data, but the bus delivers it faster. That "two-second advantage" can make or break a business decision or customer interaction.
Industry trends also seem to support this hypothesis: Chief rivals IBM
It's one thing to have technology service planners Accenture
Tibco is profitable and cash-flow positive, positioned on the bleeding edge of a product category that every serious business needs to use. If one of the big boys doesn't buy the entire company before it gets too expensive, I see several years of stand-alone business growth ahead for Tibco.
Fool contributor Anders Bylund holds no position in any of the companies discussed here. Accenture is a Motley Fool Inside Value choice. The Fool owns shares of Oracle. Try any of our Foolish newsletters today, free for 30 days. You can check out Anders' holdings and a concise bio if you like, and The Motley Fool is investors writing for investors.