Reference Checks

By Joshua Weinberger  |  Posted 2003-04-09 Email Print this article Print
 
 
 
 
 
 
 

The Palo Alto, Calif., company—famed for its enterprise application integration capabilities—is trying to corner the market in the real-time distribution of business information. Read what real-life customers have to say about what their deploym

& Tibco Operating Results">
Reference Checks & Tibco Operating Results
CENDANT HOTEL GROUP
Nick Forte
Dir., Application Architecture
(973) 496-2641
Project: Hospitality subsidiary is using ActiveEnterprise, Rendezvous, and adapters—with InConcert waiting in the wings.

IOMEGA
Kevin Watson I.T. Business Partner, Supply Chain Integration
(801) 332-3756
Project: Planning a phased transition to Tibco platform, beginning with BusinessWorks.

UNION PACIFIC
Mark S. Davis
Asst. VP, e-Business
(402) 271-3032
Project: Rail and freight giant is at or near current release of Rendezvous, Integration Manager, BusinessConnect and several adapters.

LIMITED BRANDS
Herb Berger
Manager, Advanced Technology Group
(614) 415-7000
Project: Has been using ActiveEnterprise, ActiveExchange, and ActivePortal since 2000.

HARRAH'S
Tim Stanley
CIO
(702) 407-6162
Project: Hotel-and-casino signed on in June 2002; uses Rendezvous, Integration Manager and a bunch of adapters, including one for Teradata.

MERIDIAN HEALTH CARE MANAGEMNT
Stephen Tiffany
Director, I.T.
(818) 673-6241
Project: Health-care-services company is on BusinessWorks.

SEAGATE
Pranab Sinha
Executive Dir., I.T.
(831) 438-6550
Project: In 1999, storage company signed on to ActiveEnterprise, replacing a home-grown system.

MICROMUSE
Marc Wilkinson
CTO
+44 20 8875-9500
Project: Pay attention, now: Years ago, Micromuse was using Talarian; Talarian was acquired by Tibco. Riversoft was using Tibco; then Micromuse acquired Riversoft. Got it?

The executives listed here are all users of Tibco's software. Their willingness to talk has been confirmed by Baseline.

TIBCO OPERATING RESULTS*
 
2003FYTD*
2002FY
2001FY
Revenue $63.6M $273M $322M
Gross margin 78.5% 77.5% 79.0%
Operating loss -$2.3M -$86.7M -$54.8M
Net income $1.7M -$94.6M -$13.2M
Net margin 1.8% -34.6% -4.1%
Earnings per share $0.01 -$0.46 -$0.07
R&D expenditure§ $17.5M $72.3M $91.0M
*Fiscal year ends Nov. 30; 2003FYTD reflects first three months
§Includes stock-based compensation in 2001, 2002
Other financials**
Total assets $884M
Stockholders' equity‡ $750M
Cash & equivalents $653M
Long-term debt None
Shares outstanding 218.8M
Market value at April 4 $965M
**As of 11/30 except where noted
‡Includes short-term investments


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Assistant Editor
joshua_weinberger@ziffdavisenterprise.com
After being on staff at The New Yorker for five years, Josh later traveled the world, hitting all seven continents in a single year. At Yale University, he majored in American Studies, English, and Theatre Studies.

 
 
 
 
 
 

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