Tibco: Will It Regain Its Momentum?
September 29, 2014
I read “Tibco Sells Out to Private Equity in $4.3bn Deal with Vista Equity Partners.” I found Tibco interesting when I saw the servers used to power Yahoo News a number of years ago. The company is now owned by accountants and MBAs. I learned in the write up:
Tibco was founded in 1997 by its current chairman and CEO Vivek Ranadive. It was a pioneer of message-oriented middleware, particularly for the financial sector, which enables information to be pushed to multiple recipients at precisely the same time. However, Tibco’s expensive high-end proprietary software is under attack from open source in the form of the Advanced Message Queuing Protocol (AMQP), which promises not just lower-cost message queuing software, but also inter-operability between different vendors’ implementations of the open-source standard.
My recollection is that Tibco’s “information bus” made some of the old line outfits uncomfortable. Perhaps IBM? If the write up is accurate, open source is claiming a proprietary vendor.
How long will proprietary enterprise search vendors be able to keep the open source predators away? If the financial market gets the willies, the collapse of over hyped proprietary systems are likely to face high seas. Some swimmers drown in rough water even though the marketers insist the sun is shining.
Stephen E Arnold, September 29, 2014
Comments
-
- Subscribe to Beyond Search
Feature archive
News archive
-
