SOURCE: TIBCO Software Inc.

TIBCO Software Inc.

October 05, 2009 09:00 ET

International Flavors & Fragrances Sniffs Out Global Business Opportunities With TIBCO Spotfire Analytics

Centralizing Global Research Findings and Improving Data Flow for Internal and External Customers Across the World

SOMERVILLE, MA--(Marketwire - October 5, 2009) - TIBCO Software Inc. (NASDAQ: TIBX) today announced International Flavors & Fragrances Inc. (IFF), a leading creator and manufacturer of flavors and fragrances for products -- from fine fragrances, toiletries, soaps, detergents and other household products, to beverages and food products -- has selected the TIBCO Spotfire® Enterprise Analytics Platform to provide critical business insight into its company-wide research data. With TIBCO Spotfire, IFF is able to interpret its data in a more meaningful way, share those vital findings with both its internal and external audiences, and identify new business opportunities.

IFF has been a leading player in the international flavor and fragrance business since 1833 and the organization's success has been built on a foundation of strong research and development. "Prior to implementing TIBCO Spotfire, we had to draw our research data from lots of different sources and we were losing valuable time handling it once it was located," explained Lana Glazman, project owner in charge of the Sensory and Consumer Research department at IFF.

"Not only was this a very labor-intensive process, but we were unable to exploit the data fully," Glazman continued. "At the core of our success is the ability to be at the cutting edge of the industry. To maintain that position, it's imperative that we're able to fully maximize our research findings and leverage them in the most meaningful way, not only for our business, but also for our internal and external clients for whom our data is vital in their own product development and business decisions."

After reviewing other business intelligence (BI) products on the market, IFF selected the TIBCO Spotfire® Enterprise Analytics Platform. According to Glazman, the team was hugely impressed by its ease of adoption and how user-friendly it proved to be: "Compared to the other BI solutions on the market, TIBCO Spotfire is able to easily equip every IFF employee with the ability to quickly discover new insights into the information they work with every day." She added, "In addition to this was the added advantage that the solution requires minimal IT support or third parties to maintain it."

With offices around the world, IFF plans to leverage its new BI platform globally across the organization. The first phase of this implementation took place in June 2009 amongst the company's consumer research user base and has already freed up a significant amount of time for its users, enabling them to focus their attention on more strategic activities to support the business.

"The adoption of our technology by such a prestigious brand as IFF further demonstrates the critical role that TIBCO Spotfire plays in the lifeblood of these organisations, whose businesses are fuelled by the exploitation of research and data," said Mark Lorion, vice president of Marketing, TIBCO Spotfire. "TIBCO Spotfire's interactive, visual capabilities for data analysis empower IFF users to easily see trends, patterns outliers and unanticipated relationships in data with unprecedented speed and adaptability. We are delighted to be working with IFF and to be enabling the company to further strengthen its market position."

About IFF

International Flavors & Fragrances Inc. (NYSE: IFF) is a leading global creator of flavors and fragrances used in a wide variety of consumer products and packaged goods. Consumers experience these unique scents and tastes in fine fragrances and beauty care, detergents and household goods, as well as beverages, confectionery and food products. The Company leverages its competitive advantages of brand understanding and consumer insight combined with its focus on R&D and innovation, to provide customers with differentiated product offerings. A member of the S&P 500 Index, IFF has sales, manufacturing and creative facilities in 31 countries worldwide. For more information, please visit our Web site at www.iff.com.

About TIBCO

TIBCO Software Inc. (NASDAQ: TIBX) is a leading provider of enterprise analytics software for next generation business intelligence. TIBCO Spotfire products offer a visual and interactive experience that helps professionals quickly discover new and actionable insights in information. Distinguished by its speed to insight and adaptability to specific business challenges, Spotfire rapidly reveals unseen threats and new opportunities, creating significant economic value. Spotfire customers include industry leaders among the Global 2000 that have deployed Spotfire analytics to gain an information advantage over their competitors. For more information, visit http://spotfire.tibco.com.

TIBCO, TIBCO Software and TIBCO Spotfire are trademarks or registered trademarks of TIBCO Software Inc. or its subsidiaries 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.

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