Enterprise cloud adoption revolves around pushing the BYOD movement and focusing on data security.
In his session at the 12th International Cloud Expo, Ross Brouse, COO and President of Solar VPS, will cover how cloud adoption is driven by consumerism, humanity’s need to socialize, our addiction to new gadgets and the ability of data to stay secure in a growing collaborative world. The cloud is a drug and we’re just getting hooked.
Ross Brouse is the COO and President of Solar VPS. He is a tr...| By Marketwire . | Article Rating: |
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| February 15, 2013 02:58 PM EST | Reads: |
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LONDON -- (Marketwire) -- 02/15/13 -- TIBCO Software Inc. (NASDAQ: TIBX) has completed the first stage of a major project to help Renaissance Capital, the leading investment bank focused on emerging markets, unlock the potential within big data. The project is set to enable the bank and its clients to make faster, better-informed and more profitable decisions.
This latest investment in TIBCO is allowing the company to mine vast amounts of real-time digital market information alongside transactional and traditional data sources. Renaissance Capital is already witnessing a significant improvement in the speed with which it can access and act on business data and a subsequent increase in the number of daily trades.
The next phase of the project will further improve the bank's reporting capabilities. The new platform will give Renaissance Capital the capability to provide 'self-service' analytics tools and instruments and better visualization for live and historic data for its clients rather than generic, daily reports showing their portfolio performance. The investment is the latest in a long line of projects that TIBCO has undertaken for Renaissance Capital. The successful relationship stretches back to 2006 when TIBCO was selected to integrate the banks' disparate business IT systems.
This latest investment was made after a thorough market place review. TIBCO was chosen due to the strength of its big data expertise and products and its proven track record with Renaissance Capital. TIBCO will underpin the project with TIBCO ActiveSpaces® -- TIBCO's in-memory data grid technology and the TIBCO Spotfire® analytics platform.
Adam Mitchell, CIO at Renaissance Capital, said: "Selecting TIBCO was made easy for us as it natively understands the needs of banking clients and underpins that with a great team and an innovative, broad product set. We are already seeing an improvement in the way in which we can turn copious amounts of data into business opportunities. Our clients will soon have the ability to see great development in creation of the analytics they need, from the data they want and in the time frame they require."
Mark Darbyshire, CTO of Europe for TIBCO Software Inc., said: "It's always an honor to be re-appointed by a client, and this is no exception."
He added: "We have long since held a successful working relationship with Renaissance Capital and there is a genuine feeling of teamwork when we work together. This latest project makes use of all the great integration work that we have been doing over the past six years. By enabling them to analyze vast amounts of live and historic data across multiple internal and external sources they can make fast, sound decisions."
About TIBCO
TIBCO Software Inc. (NASDAQ: TIBX) is a provider of infrastructure software for companies to use on-premise or as part of cloud computing environments. Whether it's optimising claims, processing trades, cross-selling products based on real-time customer behaviour, or averting a crisis before it happens, TIBCO provides companies the two-second advantage -- the ability to capture the right information at the right time and act on it pre-emptively for a competitive advantage. More than 4,000 customers worldwide rely on TIBCO to manage information, decisions, processes and applications in real time. Learn more at www.tibco.com.
TIBCO, two-second advantage, ActiveSpaces, Spotfire, 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 marks mentioned in this document are the property of their respective owners and are mentioned for identification purposes only.
About Renaissance Capital (www.rencap.com)
Renaissance Capital is a leading emerging markets investment bank with operations in Russia, the CIS, Central and Eastern Europe, Central Asia and Africa. The Firm also offers its clients access to these markets through such financial centers as London and New York. Renaissance Capital has market-leading positions in each of its core businesses -- M&A, equity and debt capital markets, securities sales and trading, research, and derivatives. The Firm is building market-leading practices across emerging markets globally in metals & mining, oil & gas and agriculture.
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Media contacts:
TIBCO Software, Inc.
Amy E. Groden-Morrison
Director, Global Product PR
617-702-1710
amorriso@tibco.com
Engage PR
Fran Lowe
510-748-8200
flowe@engagepr.com
Published February 15, 2013 Reads 546
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Enterprise cloud adoption revolves around pushing the BYOD movement and focusing on data security.
In his session at the 12th International Cloud Expo, Ross Brouse, COO and President of Solar VPS, will cover how cloud adoption is driven by consumerism, humanity’s need to socialize, our addiction to new gadgets and the ability of data to stay secure in a growing collaborative world. The cloud is a drug and we’re just getting hooked.
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Organizations across the world are increasingly starting to see the benefits of moving more and more services to the cloud. The focus on the cost-saving potential of cloud is rapidly shifting to completely transforming the business with cloud. As organizations are investing enormous sums on technology they are starting to realize that in order to maximize the return on investment and accelerate the business transformation process the first area of focus should be people. By ensuring the organiza...
Our more interconnected planet is accelerating the adoption and convergence of next-generation architectures, in the form of cloud, mobile and instrumented physical assets. Organizations that can effectively balance optimization and innovation, will be in a position to leverage new systems of engagement, out maneuver their peers and achieve desired outcomes. In the Opening Keynote at 12th Cloud Expo | Cloud Expo New York, IBM GM & Next Generation Platform CTO Dr Danny Sabbah will detail the crit...
The cloud-enabled data center sits at the center of IT transformation. It facilitates the interconnection and communities that come together, propelling growth for both buyers and sellers.
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Companies around the world are collecting massive amounts of data everyday that’s sitting around and not being utilized. Take for example the fact that companies collect demographic and location-based data via mobile devices all the time, but have to figure out how to monetize that data. In this session, Joyent CTO and founder Jason Hoffman will examine the state of Big Data, taking a look at what we're doing now to discussing what's on the horizon, as companies prepare and realign their busines...
Planning scalable environments isn't terribly difficult, but it does require a change of perspective. During this session we'll broaden our views to think on an Internet Scale by dissecting a video publishing application built with The SoftLayer Platform, Message Queuing, Object Storage, and Drupal. By examining a scalable modular application build that can handle unpredictable traffic, you'll be able to grow your development arsenal and pick up a few strategies to apply to your own projects.
Cloud enables SMBs to access new, scalable resources – previously only available to enterprises – in flexible and cost-effective ways. McKinsey’s SMB Cloud Report projects the public cloud market to reach $40-$50 billion by 2015, with SMBs comprising 65% of public cloud spending in 2015. But selling cloud to SMBs raises the questions of who, what and how.
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