TIBCO Software Inc., a business integration and process management software company, has released TIBCO Business Studio Version 1.1, which delivers enhanced modeling and simulation capabilities so that users can now model and simulate process execution via real-world data to help ensure the model represents a true reflection of the business prior to deployment.
The company said this new feature provides a more efficient and cost-effective way to control the processes and helps to increase collaboration between business and IT, thereby decreasing the time to market of enterprise projects.
TIBCO Business Studio addresses the challenge of process design and simulation in a collaborative environment. New software features included in this latest version are:
Service Level Agreement (SLA) Indicators – users can specify thresholds for activities and resource utilisation to ensure processes comply with all aspects of SLAs
Advanced Simulation – users can fully simulate their processes and create simulation scenarios; by comparing results across scenarios users can better understand the true business impact of any changes, thereby improving decision making
Rapid Process Design - a library of sample processes are provided from different industry sectors, as well as an import wizard to import process models from other modeling tools to shorten process design time
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