Tibco becomes the first company with BPM, visualization, rules and data mining
Just saw the announcement that Tibco is buying Insightful. Insightful has a range of data mining tools build on the open source R algorithms as well as some proprietary pieces. This means that Tibco now has a BPM environment, a rules/event processing one, Spotfire for visualization and data mining/predictive analytics development and deployment. In theory this could mean that they have a real decision management platform coming, though the fact that the Insightful announcement is linked tightly to Spotfire makes me concerned that this is just going to be data mining for pretty pictures.
No-one from Tibco has told us anything yet beyond what’s in the press release but hopefully more will become known in the coming weeks. Interesting…
Tags:analytics, bpm, BPMS, BRMS, Business Process Management, Business Rules, Data Mining, decision, Decision Management, Event Processing, Predictive Analytics, Tibco, visualization
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