Today TIBCO Software announced that it is acquiring data management company France-based master data management (MDM) solutions company Orchestra Networks. TIBCO Software — which is an integration, API management, and analytics company — will be extending the TIBCO Connected Intelligence platform with trusted shared data assets for critical operational and analytics processes through this acquisition.
Orchestra Networks’ innovative EBX platform is known as being a single solution for managing and sharing all master data, reference data, and metadata assets. This lowers the costs, lowers the risk, and increases the agility for its customers.
TIBCO Spotfire for Financial Services / Credit: TIBCO
“This is a very important acquisition for us, supporting our mission to create the world’s leading platform for digital business. Orchestra Networks will allow TIBCO to address our customers’ simple and complex master data and data asset management needs quickly and easily,” said TIBCO chief operating officer Matt Quinn in a statement. “EBX, an industry-leading master data management solution, will be further amplified as part of the TIBCO Connected Intelligence Cloud. EBX customers will gain instant access to our leading integration and analytics capabilities for their data assets. Orchestra Networks brings an exceptional team that, with TIBCO, will continue to support their customers and partners.”
EBX is used by one of the largest hospitality companies in the world to manage and distribute master data such as locations, suppliers, ingredients, and menu items on its mobile app, web app, and in-restaurant displays in order to reduce the cost of new brand acquisitions and to improve their overall agility.
And EBX is also used by a leading travel and transportation company for managing reference data like airlines, alliances, and agencies for more than one trillion transactions per year and to ensure the accuracy of their analytics.
A number of organizations also tap into Orchestra Networks’ technology for regulation compliances like the General Data Protection Regulation (GDPR).
“Strengthened by TIBCO, EBX will provide shared data assets for integration and analytics to empower better decisions and faster, smarter actions,” added Orchestra Networks co-founder and chief executive Christophe Barriolade. “TIBCO will help Orchestra Networks to market and support its leading data asset management software on a larger, more global scale while offering complementary API-led integration and AI-driven analytics capabilities to our customers.”
EBX will also be leveraged for TIBCO’s data management portfolio such as TIBCO Data Virtualization and TIBCO MDM, which will benefit the thousands of customers that utilize TIBCO’s technology such as Dutch Railways, CargoSmart, AccorHotels, Macy’s, News Corp Australia, the University of Chicago Medicine, Cargill, Western Union, Bosch, Bank of Montreal, etc.