SlideShare una empresa de Scribd logo
1 de 19
NEW IMAGE
PEOPLE | FACES | SOCIAL | SOFTWARE

THOMSON REUTERS AND TIBCO:
AN ENDURING PARTNERSHIP
TUCON 2013
JAMES POWELL
OCTOBER 16, 2013
PRESENTATION OUTLINE
• Introduction

• Thomson Reuters – TIBCO Partnership
• Showcase: Thomson Reuters and tibbr
• TIBCO’s True Leverage Value
• Wrapping Up

Thomson Reuters and TIBCO: An Enduring Partnership

2
INTRODUCTION
WHO IS THOMSON REUTERS?
FINANCIAL & RISK

LEGAL

Critical news, information & analytics, enables
transactions, and connects trading, investing,
financial and corporate professionals.

Critical information, decision support tools,
software & services to legal, investigation,
business and government professionals.

Key products include: Eikon, Thomson One,
Reuters 3000 Xtra, Datastream, FXall

Key products include: WestlawNext,
FindLaw, Firm Central, Concourse, CLEAR

TAX & ACCOUNTING

INTELLECTUAL PROPERTY & SCIENCE

Integrated tax compliance and accounting
information, software & services for
professionals in accounting firms, corporations,
law firms and government.

Comprehensive IP & scientific information,
decision support tools & services to enable
governments, academia, publishers,
corporations & law firms.

Key products include: OneSource,
Checkpoint, CS Professional Suite,
Government Revenue Management

Key products include: Web of Knowledge,
Cortellis, ScholarOne, Thomson IP Manager,
Mark Monitor

Thomson Reuters and TIBCO: An Enduring Partnership

4
THOMSON REUTERS:
CHALLENGES AND OPPORTUNITIES
Challenges

Opportunities
• Moving beyond content to become
an indispensable platform

• Integration
• Legacy complexity
• Cannibalization of select products

• Cannibalization of select products

• Consumerization of technology

• New customers and new markets

A state of constant evolution, rapid change and uncertainty

Thomson Reuters and TIBCO: An Enduring Partnership

5
THOMSON REUTERS – TIBCO PARTNERSHIP
ORIGINS:
FROM TEKNEKRON SOFTWARE SYSTEMS TO TIBCO
1986

1987

1988

1989

1990

1991

1992

1993

1994

Acquisition of TSS by Reuters
Holdings PLC for $125 million
Development of
The Information Bus (TIBCO)
“Mr. Real Time”

Teknekron Software Systems is born

1995

1996

1997

TIBCO
spin-off

1998

1999

Current

TIBCO
IPO

Ongoing
Thomson
Reuters –
TIBCO
Relationship

“The trading floor
of the future”

“The digitization
of Wall Street”

Thomson Reuters and TIBCO: An Enduring Partnership

7
THOMSON REUTERS AND TIBCO
Early Failure to Leverage

Buy vs. Build

• Belief in “Best of
Breed”

• Focus on core
competencies

• Uniqueness of early
feature sets

• Desire for integrated
stack with low cost of
ownership

• Willingness to handle
integration of multiple
components

Evolution of
Thomson Reuters

• Challenge of scale
• Thinking differently
about SaaS
Deciding to
Outsource
Thomson Reuters and TIBCO: An Enduring Partnership

Choosing TIBCO

SCALE

INTEGRATION

FLEXIBILITY

PARTNERSHIP

“Architected
to Scale”
8
SHOWCASE: tibbr
WHAT THOMSON REUTERS WAS LOOKING FOR
• An enterprise social platform that would
make Thomson Reuters products more
useful throughout a customer's day
• Enable and foster internal and external
collaboration, within and outside the office
• Make community-building simple for
business units within Thomson Reuters

Social
Platform
API’s

Analytics
(i.e. Atlas)

Web & Video
Conferencing

Data
Room

Identity &
Directory
Twitter,
LinkedIn,
etc.

Thomson Reuters and TIBCO: An Enduring Partnership

Eikon
Messaging

10
WHY tibbr?
• Ease of integration with different applications

• Flexibility and extensibility
• Built to scale
• Broadening the Thomson Reuters network
• Rich collaboration experience

Thomson Reuters and TIBCO: An Enduring Partnership

11
tibbr INTEGRATION: SUCCESSES TO DATE
1 Tax & Accounting
Integration and Roll-out

• 5 months from concept to launch in
May 2013
• Integration of Community tab into
Thomson Reuters Tax & Accounting
website and Checkpoint

2 Future Roll-outs

• One roll-out to date in Legal
• Deployments in Legal and GGO for
2013 and 2014

• 20k users, with goal of 300k users by
end of 2013
Status: Integration into 3 products/sites to date
Goal: Integration into 11+ products by end of 2013
Thomson Reuters and TIBCO: An Enduring Partnership

12
TAX AND ACCOUNTING:
CUSTOMER BENEFITS
• Networking: Access to global pool of colleagues and experts

• Brand Building: Opportunities to build personal brand and reputation
• Knowledge Sharing: Safe and controlled environment for sharing
professional experiences

• Better Collaboration: Infrastructure for professional collaboration across
organizational lines
• Increased Productivity: Access to productivity-enhancing information and
tools produced by
peers and experts
Thomson Reuters and TIBCO: An Enduring Partnership

13
BENEFITS OF NEW SOCIAL PLATFORM:
REAL BUSINESS RESULTS FOR THOMSON REUTERS
• Increased customer retention and loyalty

• Cross-sell/up-sell opportunities
• Lead generation
• Cost reduction by providing efficient means for product support and
market research
• A strategic advantage by discovering gaps in customer needs

• Innovation and speed to market

Thomson Reuters and TIBCO: An Enduring Partnership

14
TIBCO’S TRUE LEVERAGE VALUE
MOVING FORWARD WITH TIBCO
TIBCO must continue to evolve to meet new, emerging
needs and enhance its enterprise proposition
Spotfire, tibbr
and more

• Well-received products and services
• TIBCO’s flexibility

• Thinking expansively about middleware
Middleware

Cloud
Computing

• Emergence of new verticals
• TIBCO’s story continues to evolve
• Support enterprise customers’ move to the cloud
Thomson Reuters and TIBCO: An Enduring Partnership

16
TIBCO’S BROADER VALUE

Scale

Ease of integration Flexibility
and interoperability

Thomson Reuters and TIBCO: An Enduring Partnership

SaaS

17
WRAPPING UP
LOOKING AHEAD:
TIBCO’S CHALLENGES AND OPPORTUNITIES
• Integration

Challenges

• Consumerization of technology
• Enabling agility

Opportunities

• Moving from a hosted world to a
deployed world

27 Years of Partnership: TIBCO’s persisting
importance to Thomson Reuters evolution
Thomson Reuters and TIBCO: An Enduring Partnership

19

Más contenido relacionado

La actualidad más candente

Shifting Offline to Online2
Shifting Offline to Online2Shifting Offline to Online2
Shifting Offline to Online2
satria kwa
 
Digital Platform Selection Best Practices
Digital Platform Selection Best PracticesDigital Platform Selection Best Practices
Digital Platform Selection Best Practices
edynamic
 
The CIO Challenge
The CIO ChallengeThe CIO Challenge
The CIO Challenge
NetApp
 

La actualidad más candente (20)

Strategies for the Age of Digital Disruption #DTR7
Strategies for the Age of Digital Disruption #DTR7Strategies for the Age of Digital Disruption #DTR7
Strategies for the Age of Digital Disruption #DTR7
 
"Managed Customization” in the Garment Industry - 10/2010
"Managed Customization” in the Garment Industry - 10/2010"Managed Customization” in the Garment Industry - 10/2010
"Managed Customization” in the Garment Industry - 10/2010
 
Shifting Offline to Online2
Shifting Offline to Online2Shifting Offline to Online2
Shifting Offline to Online2
 
The Interactive Print Experience
The Interactive Print ExperienceThe Interactive Print Experience
The Interactive Print Experience
 
How to become like Airbnb, Uber, and Alibaba
How to become like Airbnb, Uber, and AlibabaHow to become like Airbnb, Uber, and Alibaba
How to become like Airbnb, Uber, and Alibaba
 
Digital Platform Selection Best Practices
Digital Platform Selection Best PracticesDigital Platform Selection Best Practices
Digital Platform Selection Best Practices
 
The Cloud Analytics Reference Architecture: Harnessing Big Data to Solve Comp...
The Cloud Analytics Reference Architecture: Harnessing Big Data to Solve Comp...The Cloud Analytics Reference Architecture: Harnessing Big Data to Solve Comp...
The Cloud Analytics Reference Architecture: Harnessing Big Data to Solve Comp...
 
The Rise of Open Adoption Software (OAS)
The Rise of Open Adoption Software (OAS)The Rise of Open Adoption Software (OAS)
The Rise of Open Adoption Software (OAS)
 
Bring Your Own Device
Bring Your Own DeviceBring Your Own Device
Bring Your Own Device
 
Millennials and the Next Generation of IT
Millennials and the Next Generation of ITMillennials and the Next Generation of IT
Millennials and the Next Generation of IT
 
IT Consulting Services
IT Consulting ServicesIT Consulting Services
IT Consulting Services
 
Idc predictions 2016
Idc predictions 2016Idc predictions 2016
Idc predictions 2016
 
The CIO Challenge
The CIO ChallengeThe CIO Challenge
The CIO Challenge
 
Dont Get SMACked
Dont Get SMACkedDont Get SMACked
Dont Get SMACked
 
The Path to Self-Disruption
The Path to Self-DisruptionThe Path to Self-Disruption
The Path to Self-Disruption
 
Tackling the “How” of Digital Transformation
Tackling the “How” of Digital TransformationTackling the “How” of Digital Transformation
Tackling the “How” of Digital Transformation
 
Technology Trends Return on Investment
Technology Trends Return on InvestmentTechnology Trends Return on Investment
Technology Trends Return on Investment
 
Thinking about VC themes
Thinking about VC themesThinking about VC themes
Thinking about VC themes
 
2012 Future of Cloud Study
2012 Future of Cloud Study2012 Future of Cloud Study
2012 Future of Cloud Study
 
CIO Strategies 2008
CIO Strategies 2008CIO Strategies 2008
CIO Strategies 2008
 

Similar a Multinational Media and Information Firm, Thomson Reuters, Uses Enterprise Social Network to Connect Thousands of Customers

TMT_Value_Creators_Report_Productivity_and_Growth_tcm80-181018
TMT_Value_Creators_Report_Productivity_and_Growth_tcm80-181018TMT_Value_Creators_Report_Productivity_and_Growth_tcm80-181018
TMT_Value_Creators_Report_Productivity_and_Growth_tcm80-181018
vijaikrishnan
 
INTM Cloud Insights Pack
INTM Cloud Insights PackINTM Cloud Insights Pack
INTM Cloud Insights Pack
Jarmila Yu
 
Technology in Motion, LLC
Technology in Motion, LLCTechnology in Motion, LLC
Technology in Motion, LLC
htorres00
 

Similar a Multinational Media and Information Firm, Thomson Reuters, Uses Enterprise Social Network to Connect Thousands of Customers (20)

Case Study: Thomson Reuters
Case Study: Thomson ReutersCase Study: Thomson Reuters
Case Study: Thomson Reuters
 
Eikon Overview
Eikon OverviewEikon Overview
Eikon Overview
 
O'Reilly eBook: Creating a Data-Driven Enterprise in Media | eubolr
O'Reilly eBook: Creating a Data-Driven Enterprise in Media | eubolrO'Reilly eBook: Creating a Data-Driven Enterprise in Media | eubolr
O'Reilly eBook: Creating a Data-Driven Enterprise in Media | eubolr
 
TMT_Value_Creators_Report_Productivity_and_Growth_tcm80-181018
TMT_Value_Creators_Report_Productivity_and_Growth_tcm80-181018TMT_Value_Creators_Report_Productivity_and_Growth_tcm80-181018
TMT_Value_Creators_Report_Productivity_and_Growth_tcm80-181018
 
TT_Jan16
TT_Jan16TT_Jan16
TT_Jan16
 
Enabling the OTT Revolution: How Telecom Operators Can Stake Their Claim
Enabling the OTT Revolution: How Telecom Operators Can Stake Their ClaimEnabling the OTT Revolution: How Telecom Operators Can Stake Their Claim
Enabling the OTT Revolution: How Telecom Operators Can Stake Their Claim
 
PTC Acquires Leading Internet of Things Platform Provider ThingWorx
PTC Acquires Leading Internet of Things Platform Provider ThingWorxPTC Acquires Leading Internet of Things Platform Provider ThingWorx
PTC Acquires Leading Internet of Things Platform Provider ThingWorx
 
TMT Valuations - Report
TMT Valuations - ReportTMT Valuations - Report
TMT Valuations - Report
 
Business First, Technology Second for Italy's CIOs
Business First, Technology Second for Italy's CIOsBusiness First, Technology Second for Italy's CIOs
Business First, Technology Second for Italy's CIOs
 
Digital Transformation : Just a Buzzword or Real Transformation
Digital Transformation :  Just a Buzzword or Real TransformationDigital Transformation :  Just a Buzzword or Real Transformation
Digital Transformation : Just a Buzzword or Real Transformation
 
PTC Again Named IoT Leader by Experton Group
PTC Again Named IoT Leader by Experton GroupPTC Again Named IoT Leader by Experton Group
PTC Again Named IoT Leader by Experton Group
 
The Benefits of Integrated CPQ and Contract Management
The Benefits of Integrated CPQ and Contract ManagementThe Benefits of Integrated CPQ and Contract Management
The Benefits of Integrated CPQ and Contract Management
 
Beyond the Hype: How to Avoid Common IoT Monetization Mistakes
Beyond the Hype: How to Avoid Common IoT Monetization MistakesBeyond the Hype: How to Avoid Common IoT Monetization Mistakes
Beyond the Hype: How to Avoid Common IoT Monetization Mistakes
 
Utilizing Digital Performance to Overcome Industry Challenges
Utilizing Digital Performance to Overcome Industry ChallengesUtilizing Digital Performance to Overcome Industry Challenges
Utilizing Digital Performance to Overcome Industry Challenges
 
INTM Cloud Insights Pack
INTM Cloud Insights PackINTM Cloud Insights Pack
INTM Cloud Insights Pack
 
Technology in Motion, LLC
Technology in Motion, LLCTechnology in Motion, LLC
Technology in Motion, LLC
 
Technology in Motion - Company Profile
Technology in Motion - Company ProfileTechnology in Motion - Company Profile
Technology in Motion - Company Profile
 
Twin Cities User Group - May 2017
Twin Cities User Group - May 2017Twin Cities User Group - May 2017
Twin Cities User Group - May 2017
 
Big data Journalists: influence & interest
Big data Journalists: influence & interestBig data Journalists: influence & interest
Big data Journalists: influence & interest
 
Building NextGen Enterprise data platforms | Graham Cousins
Building NextGen Enterprise data platforms | Graham CousinsBuilding NextGen Enterprise data platforms | Graham Cousins
Building NextGen Enterprise data platforms | Graham Cousins
 

Más de tibbr

The ROI of Collaboration featuring research from Forrester
The ROI of Collaboration featuring research from ForresterThe ROI of Collaboration featuring research from Forrester
The ROI of Collaboration featuring research from Forrester
tibbr
 
The ROI Global Forum on Enterprise Social Networking
The ROI Global Forum on Enterprise Social NetworkingThe ROI Global Forum on Enterprise Social Networking
The ROI Global Forum on Enterprise Social Networking
tibbr
 

Más de tibbr (20)

The ROI of Collaboration featuring research from Forrester
The ROI of Collaboration featuring research from ForresterThe ROI of Collaboration featuring research from Forrester
The ROI of Collaboration featuring research from Forrester
 
The ROI Global Forum on Enterprise Social Networking
The ROI Global Forum on Enterprise Social NetworkingThe ROI Global Forum on Enterprise Social Networking
The ROI Global Forum on Enterprise Social Networking
 
Leading Media and Marketing Solutions Company Yellow Pages Group Uses Enterpr...
Leading Media and Marketing Solutions Company Yellow Pages Group Uses Enterpr...Leading Media and Marketing Solutions Company Yellow Pages Group Uses Enterpr...
Leading Media and Marketing Solutions Company Yellow Pages Group Uses Enterpr...
 
How Schneider Electric Connects Over 140,000 Employees Around the Globe
How Schneider Electric Connects Over 140,000 Employees Around the GlobeHow Schneider Electric Connects Over 140,000 Employees Around the Globe
How Schneider Electric Connects Over 140,000 Employees Around the Globe
 
69,000 Consultants Use an Enterprise Social Network to Overcome Market Challe...
69,000 Consultants Use an Enterprise Social Network to Overcome Market Challe...69,000 Consultants Use an Enterprise Social Network to Overcome Market Challe...
69,000 Consultants Use an Enterprise Social Network to Overcome Market Challe...
 
Professional Services Firm Veritec Reduces Email Traffic and Noise with Enter...
Professional Services Firm Veritec Reduces Email Traffic and Noise with Enter...Professional Services Firm Veritec Reduces Email Traffic and Noise with Enter...
Professional Services Firm Veritec Reduces Email Traffic and Noise with Enter...
 
Global Law Enforcement Agency InterPortPolice Uses Enterprise Social Networki...
Global Law Enforcement Agency InterPortPolice Uses Enterprise Social Networki...Global Law Enforcement Agency InterPortPolice Uses Enterprise Social Networki...
Global Law Enforcement Agency InterPortPolice Uses Enterprise Social Networki...
 
Australian Real Estate Agency Compton Green Uses Enterprise Social Networking...
Australian Real Estate Agency Compton Green Uses Enterprise Social Networking...Australian Real Estate Agency Compton Green Uses Enterprise Social Networking...
Australian Real Estate Agency Compton Green Uses Enterprise Social Networking...
 
Global Energy Management Specialist, Schneider Electric, Uses Enterprise Soci...
Global Energy Management Specialist, Schneider Electric, Uses Enterprise Soci...Global Energy Management Specialist, Schneider Electric, Uses Enterprise Soci...
Global Energy Management Specialist, Schneider Electric, Uses Enterprise Soci...
 
Leading Digital Advertising and Marketing Solutions Company, Yellow Pages Gro...
Leading Digital Advertising and Marketing Solutions Company, Yellow Pages Gro...Leading Digital Advertising and Marketing Solutions Company, Yellow Pages Gro...
Leading Digital Advertising and Marketing Solutions Company, Yellow Pages Gro...
 
Leading Nordic IT-services Company, Tieto, Uses Enterprise Social Networking ...
Leading Nordic IT-services Company, Tieto, Uses Enterprise Social Networking ...Leading Nordic IT-services Company, Tieto, Uses Enterprise Social Networking ...
Leading Nordic IT-services Company, Tieto, Uses Enterprise Social Networking ...
 
German Search Portal Meinestadt Uses Enterprise Social Network
German Search Portal Meinestadt Uses Enterprise Social Network German Search Portal Meinestadt Uses Enterprise Social Network
German Search Portal Meinestadt Uses Enterprise Social Network
 
How Social Software Helps 350,000 Men's Wearhouse Customers Dress Better Ever...
How Social Software Helps 350,000 Men's Wearhouse Customers Dress Better Ever...How Social Software Helps 350,000 Men's Wearhouse Customers Dress Better Ever...
How Social Software Helps 350,000 Men's Wearhouse Customers Dress Better Ever...
 
A Nielsen Company Case Study: Accelerating Innovation with Collaboration
A Nielsen Company Case Study: Accelerating Innovation with CollaborationA Nielsen Company Case Study: Accelerating Innovation with Collaboration
A Nielsen Company Case Study: Accelerating Innovation with Collaboration
 
Making the Most Out of Your Company's Expertise
Making the Most Out of Your Company's ExpertiseMaking the Most Out of Your Company's Expertise
Making the Most Out of Your Company's Expertise
 
Cathay Pacific: Engaging Frontline Employees with Enterprise Social
Cathay Pacific: Engaging Frontline Employees with Enterprise SocialCathay Pacific: Engaging Frontline Employees with Enterprise Social
Cathay Pacific: Engaging Frontline Employees with Enterprise Social
 
Overcoming Market and Growth Challenges with Enterprise Social
Overcoming Market and Growth Challenges with Enterprise SocialOvercoming Market and Growth Challenges with Enterprise Social
Overcoming Market and Growth Challenges with Enterprise Social
 
Turbo-charging Your Organization's Productivity with Enterprise Social
Turbo-charging Your Organization's Productivity with Enterprise SocialTurbo-charging Your Organization's Productivity with Enterprise Social
Turbo-charging Your Organization's Productivity with Enterprise Social
 
Engaged vs Disengaged Employees [Infographic]
Engaged vs Disengaged Employees [Infographic]Engaged vs Disengaged Employees [Infographic]
Engaged vs Disengaged Employees [Infographic]
 
Collaboration Meets Community
Collaboration Meets CommunityCollaboration Meets Community
Collaboration Meets Community
 

Último

Why Teams call analytics are critical to your entire business
Why Teams call analytics are critical to your entire businessWhy Teams call analytics are critical to your entire business
Why Teams call analytics are critical to your entire business
panagenda
 

Último (20)

From Event to Action: Accelerate Your Decision Making with Real-Time Automation
From Event to Action: Accelerate Your Decision Making with Real-Time AutomationFrom Event to Action: Accelerate Your Decision Making with Real-Time Automation
From Event to Action: Accelerate Your Decision Making with Real-Time Automation
 
Understanding Discord NSFW Servers A Guide for Responsible Users.pdf
Understanding Discord NSFW Servers A Guide for Responsible Users.pdfUnderstanding Discord NSFW Servers A Guide for Responsible Users.pdf
Understanding Discord NSFW Servers A Guide for Responsible Users.pdf
 
Top 10 Most Downloaded Games on Play Store in 2024
Top 10 Most Downloaded Games on Play Store in 2024Top 10 Most Downloaded Games on Play Store in 2024
Top 10 Most Downloaded Games on Play Store in 2024
 
Polkadot JAM Slides - Token2049 - By Dr. Gavin Wood
Polkadot JAM Slides - Token2049 - By Dr. Gavin WoodPolkadot JAM Slides - Token2049 - By Dr. Gavin Wood
Polkadot JAM Slides - Token2049 - By Dr. Gavin Wood
 
Strategize a Smooth Tenant-to-tenant Migration and Copilot Takeoff
Strategize a Smooth Tenant-to-tenant Migration and Copilot TakeoffStrategize a Smooth Tenant-to-tenant Migration and Copilot Takeoff
Strategize a Smooth Tenant-to-tenant Migration and Copilot Takeoff
 
Apidays Singapore 2024 - Building Digital Trust in a Digital Economy by Veron...
Apidays Singapore 2024 - Building Digital Trust in a Digital Economy by Veron...Apidays Singapore 2024 - Building Digital Trust in a Digital Economy by Veron...
Apidays Singapore 2024 - Building Digital Trust in a Digital Economy by Veron...
 
Strategies for Landing an Oracle DBA Job as a Fresher
Strategies for Landing an Oracle DBA Job as a FresherStrategies for Landing an Oracle DBA Job as a Fresher
Strategies for Landing an Oracle DBA Job as a Fresher
 
Why Teams call analytics are critical to your entire business
Why Teams call analytics are critical to your entire businessWhy Teams call analytics are critical to your entire business
Why Teams call analytics are critical to your entire business
 
Top 5 Benefits OF Using Muvi Live Paywall For Live Streams
Top 5 Benefits OF Using Muvi Live Paywall For Live StreamsTop 5 Benefits OF Using Muvi Live Paywall For Live Streams
Top 5 Benefits OF Using Muvi Live Paywall For Live Streams
 
Automating Google Workspace (GWS) & more with Apps Script
Automating Google Workspace (GWS) & more with Apps ScriptAutomating Google Workspace (GWS) & more with Apps Script
Automating Google Workspace (GWS) & more with Apps Script
 
Strategies for Unlocking Knowledge Management in Microsoft 365 in the Copilot...
Strategies for Unlocking Knowledge Management in Microsoft 365 in the Copilot...Strategies for Unlocking Knowledge Management in Microsoft 365 in the Copilot...
Strategies for Unlocking Knowledge Management in Microsoft 365 in the Copilot...
 
TrustArc Webinar - Unlock the Power of AI-Driven Data Discovery
TrustArc Webinar - Unlock the Power of AI-Driven Data DiscoveryTrustArc Webinar - Unlock the Power of AI-Driven Data Discovery
TrustArc Webinar - Unlock the Power of AI-Driven Data Discovery
 
2024: Domino Containers - The Next Step. News from the Domino Container commu...
2024: Domino Containers - The Next Step. News from the Domino Container commu...2024: Domino Containers - The Next Step. News from the Domino Container commu...
2024: Domino Containers - The Next Step. News from the Domino Container commu...
 
Mastering MySQL Database Architecture: Deep Dive into MySQL Shell and MySQL R...
Mastering MySQL Database Architecture: Deep Dive into MySQL Shell and MySQL R...Mastering MySQL Database Architecture: Deep Dive into MySQL Shell and MySQL R...
Mastering MySQL Database Architecture: Deep Dive into MySQL Shell and MySQL R...
 
Artificial Intelligence Chap.5 : Uncertainty
Artificial Intelligence Chap.5 : UncertaintyArtificial Intelligence Chap.5 : Uncertainty
Artificial Intelligence Chap.5 : Uncertainty
 
Boost PC performance: How more available memory can improve productivity
Boost PC performance: How more available memory can improve productivityBoost PC performance: How more available memory can improve productivity
Boost PC performance: How more available memory can improve productivity
 
Bajaj Allianz Life Insurance Company - Insurer Innovation Award 2024
Bajaj Allianz Life Insurance Company - Insurer Innovation Award 2024Bajaj Allianz Life Insurance Company - Insurer Innovation Award 2024
Bajaj Allianz Life Insurance Company - Insurer Innovation Award 2024
 
Repurposing LNG terminals for Hydrogen Ammonia: Feasibility and Cost Saving
Repurposing LNG terminals for Hydrogen Ammonia: Feasibility and Cost SavingRepurposing LNG terminals for Hydrogen Ammonia: Feasibility and Cost Saving
Repurposing LNG terminals for Hydrogen Ammonia: Feasibility and Cost Saving
 
Scaling API-first – The story of a global engineering organization
Scaling API-first – The story of a global engineering organizationScaling API-first – The story of a global engineering organization
Scaling API-first – The story of a global engineering organization
 
Real Time Object Detection Using Open CV
Real Time Object Detection Using Open CVReal Time Object Detection Using Open CV
Real Time Object Detection Using Open CV
 

Multinational Media and Information Firm, Thomson Reuters, Uses Enterprise Social Network to Connect Thousands of Customers

  • 1. NEW IMAGE PEOPLE | FACES | SOCIAL | SOFTWARE THOMSON REUTERS AND TIBCO: AN ENDURING PARTNERSHIP TUCON 2013 JAMES POWELL OCTOBER 16, 2013
  • 2. PRESENTATION OUTLINE • Introduction • Thomson Reuters – TIBCO Partnership • Showcase: Thomson Reuters and tibbr • TIBCO’s True Leverage Value • Wrapping Up Thomson Reuters and TIBCO: An Enduring Partnership 2
  • 4. WHO IS THOMSON REUTERS? FINANCIAL & RISK LEGAL Critical news, information & analytics, enables transactions, and connects trading, investing, financial and corporate professionals. Critical information, decision support tools, software & services to legal, investigation, business and government professionals. Key products include: Eikon, Thomson One, Reuters 3000 Xtra, Datastream, FXall Key products include: WestlawNext, FindLaw, Firm Central, Concourse, CLEAR TAX & ACCOUNTING INTELLECTUAL PROPERTY & SCIENCE Integrated tax compliance and accounting information, software & services for professionals in accounting firms, corporations, law firms and government. Comprehensive IP & scientific information, decision support tools & services to enable governments, academia, publishers, corporations & law firms. Key products include: OneSource, Checkpoint, CS Professional Suite, Government Revenue Management Key products include: Web of Knowledge, Cortellis, ScholarOne, Thomson IP Manager, Mark Monitor Thomson Reuters and TIBCO: An Enduring Partnership 4
  • 5. THOMSON REUTERS: CHALLENGES AND OPPORTUNITIES Challenges Opportunities • Moving beyond content to become an indispensable platform • Integration • Legacy complexity • Cannibalization of select products • Cannibalization of select products • Consumerization of technology • New customers and new markets A state of constant evolution, rapid change and uncertainty Thomson Reuters and TIBCO: An Enduring Partnership 5
  • 6. THOMSON REUTERS – TIBCO PARTNERSHIP
  • 7. ORIGINS: FROM TEKNEKRON SOFTWARE SYSTEMS TO TIBCO 1986 1987 1988 1989 1990 1991 1992 1993 1994 Acquisition of TSS by Reuters Holdings PLC for $125 million Development of The Information Bus (TIBCO) “Mr. Real Time” Teknekron Software Systems is born 1995 1996 1997 TIBCO spin-off 1998 1999 Current TIBCO IPO Ongoing Thomson Reuters – TIBCO Relationship “The trading floor of the future” “The digitization of Wall Street” Thomson Reuters and TIBCO: An Enduring Partnership 7
  • 8. THOMSON REUTERS AND TIBCO Early Failure to Leverage Buy vs. Build • Belief in “Best of Breed” • Focus on core competencies • Uniqueness of early feature sets • Desire for integrated stack with low cost of ownership • Willingness to handle integration of multiple components Evolution of Thomson Reuters • Challenge of scale • Thinking differently about SaaS Deciding to Outsource Thomson Reuters and TIBCO: An Enduring Partnership Choosing TIBCO SCALE INTEGRATION FLEXIBILITY PARTNERSHIP “Architected to Scale” 8
  • 10. WHAT THOMSON REUTERS WAS LOOKING FOR • An enterprise social platform that would make Thomson Reuters products more useful throughout a customer's day • Enable and foster internal and external collaboration, within and outside the office • Make community-building simple for business units within Thomson Reuters Social Platform API’s Analytics (i.e. Atlas) Web & Video Conferencing Data Room Identity & Directory Twitter, LinkedIn, etc. Thomson Reuters and TIBCO: An Enduring Partnership Eikon Messaging 10
  • 11. WHY tibbr? • Ease of integration with different applications • Flexibility and extensibility • Built to scale • Broadening the Thomson Reuters network • Rich collaboration experience Thomson Reuters and TIBCO: An Enduring Partnership 11
  • 12. tibbr INTEGRATION: SUCCESSES TO DATE 1 Tax & Accounting Integration and Roll-out • 5 months from concept to launch in May 2013 • Integration of Community tab into Thomson Reuters Tax & Accounting website and Checkpoint 2 Future Roll-outs • One roll-out to date in Legal • Deployments in Legal and GGO for 2013 and 2014 • 20k users, with goal of 300k users by end of 2013 Status: Integration into 3 products/sites to date Goal: Integration into 11+ products by end of 2013 Thomson Reuters and TIBCO: An Enduring Partnership 12
  • 13. TAX AND ACCOUNTING: CUSTOMER BENEFITS • Networking: Access to global pool of colleagues and experts • Brand Building: Opportunities to build personal brand and reputation • Knowledge Sharing: Safe and controlled environment for sharing professional experiences • Better Collaboration: Infrastructure for professional collaboration across organizational lines • Increased Productivity: Access to productivity-enhancing information and tools produced by peers and experts Thomson Reuters and TIBCO: An Enduring Partnership 13
  • 14. BENEFITS OF NEW SOCIAL PLATFORM: REAL BUSINESS RESULTS FOR THOMSON REUTERS • Increased customer retention and loyalty • Cross-sell/up-sell opportunities • Lead generation • Cost reduction by providing efficient means for product support and market research • A strategic advantage by discovering gaps in customer needs • Innovation and speed to market Thomson Reuters and TIBCO: An Enduring Partnership 14
  • 16. MOVING FORWARD WITH TIBCO TIBCO must continue to evolve to meet new, emerging needs and enhance its enterprise proposition Spotfire, tibbr and more • Well-received products and services • TIBCO’s flexibility • Thinking expansively about middleware Middleware Cloud Computing • Emergence of new verticals • TIBCO’s story continues to evolve • Support enterprise customers’ move to the cloud Thomson Reuters and TIBCO: An Enduring Partnership 16
  • 17. TIBCO’S BROADER VALUE Scale Ease of integration Flexibility and interoperability Thomson Reuters and TIBCO: An Enduring Partnership SaaS 17
  • 19. LOOKING AHEAD: TIBCO’S CHALLENGES AND OPPORTUNITIES • Integration Challenges • Consumerization of technology • Enabling agility Opportunities • Moving from a hosted world to a deployed world 27 Years of Partnership: TIBCO’s persisting importance to Thomson Reuters evolution Thomson Reuters and TIBCO: An Enduring Partnership 19

Notas del editor

  1. Historically we’ve been a portfolio company made up of a number of business units. Each business focuses on a specific industry with specific products tailored to that industry.Historically, very acquisitive: many distinct products with sometimes overlapping audiences.