Discovery Holdings Increases Business Agility and Operational Excellence With TIBCO Software


PALO ALTO, CA--(Marketwire - March 8, 2010) -  TIBCO Software Inc. (NASDAQ: TIBX) today announced that Discovery Holdings Ltd. -- a leading financial services institution -- has selected TIBCO's messaging, business process management (BPM) and service oriented architecture (SOA) software to improve its competitive position by enhancing business agility to better service more than two million member clients across South Africa.

A Unified Approach to BPM and SOA
Discovery Holdings initially plans to standardise all its group companies including Discovery Health, Discovery Vitality, DiscoveryCard, Discovery Life and Discovery Invest on TIBCO messaging solutions for an efficient, reliable, and scalable way of distributing information and integrating its business to take advantage of a BPM enabled SOA environment.

An open, integrated infrastructure is critical for ensuring the quick and cost-effective delivery and modification of applications and services that address new and changing customer requirements. As part of the second phase of the implementation this year, Discovery will investigate the standardization of existing operational systems on a SOA platform using TIBCO ActiveMatrix BusinessWorks™. This will help to forge a strategy of componentization and establish greater flexibility across departmental business areas.

Discovery is also concurrently running a pilot project using TIBCO iProcess™ Suite to BPM-enable its SOA platform, and increase automation and process improvement for greater productivity and collaboration.

Supporting Quotes
Leopold Malan, chief information officer, Discovery Health commented: "Efficient and integrated use of applications, services and business processes is the lifeblood of our organization and allows us to adapt dynamically to customer demands and respond to market forces to deliver unique value. TIBCO's solutions will drive process improvements and standardisation across all our business units to guarantee the highest level of operation." 

"Fierce competition, globalization and rapid change are driving investments in information technology to help retain customers through continuous innovation and customization of product offerings. The successful businesses are a new class of truly agile organizations such as Discovery," said Fabio Pulidori, senior vice president, EMEA Field Operations, TIBCO. "Through a robust, differentiated TIBCO BPM/SOA environment, Discovery can ensure its services remain customer-centric and its business is competitively positioned for growth."

Additional Resources
PruHealth Wins 2008 Gold Award in Global Awards for Excellence in BPM and Workflow Program
About TIBCO Business Process Management Software
Service-Oriented Architecture Resource Centre
Two Minute Topic: iProcess Suite Built on SOA

About TIBCO
TIBCO's technology digitized Wall Street in the '80s with its event-driven "Information Bus" software, which helped make real-time business a strategic differentiator in the '90s. Today, TIBCO's infrastructure software gives customers the ability to constantly innovate by connecting applications and data in a service-oriented architecture, streamlining activities through business process management, and giving people the information and intelligence tools they need to make faster and smarter decisions, what we call The Power of Now. TIBCO serves more than 3,000 customers around the world with offices in more than 20 countries and an ecosystem of over 200 partners. Learn more at www.tibco.com.

TIBCO, TIBCO ActiveMatrix BusinessWorks, TIBCO iProcess Suite, The Power of Now, and TIBCO Software are trademarks or registered trademarks of TIBCO Software Inc. in the United States and/or other countries. All other product and company names and trademarks mentioned in this document are the property of their respective owners and are mentioned for identification purposes only.

Contact Information:

Media Contacts:
Rhianna Richards
TIBCO Software Inc.
(650) 846-8644
rrichard@tibco.com

Lebo Madiba
GGI
+27 11 728 136/4
lebo@ggisa.com