PALO ALTO, Calif., June 4, 2019 /PRNewswire/ -- TIBCO Software Inc., a global leader in integration, API management, and analytics, today announced its innovative work with partner Mercedes-AMG Petronas Motorsport has been recognized in the 2019 CIO 100 awards. The prestigious 32nd annual award program recognizes global organizations that exemplify the highest level of operational and strategic excellence in IT. Mercedes-AMG Petronas Motorsport was recognized for its work with TIBCO leveraging their analytics solutions in data visualization, predictive analytics, and AI, which helps the five-time FIA Formula One™ World Constructors' Champions make critical, real-time strategic decisions that can impact race results.
One of the most successful Formula One teams in recent history, Mercedes-AMG Petronas Motorsport turned to TIBCO and its data science experts in 2017 for a solution that could help the team quickly analyze massive amounts of data for operational excellence – such as 50,000 data points per racecar, per second – both at the factory and during races. Using the TIBCO® Connected Intelligence platform, Mercedes-AMG Petronas Motorsport was able to discover patterns, increase efficiency, and better understand how external factors such as weather or competition would impact race results to gain a competitive advantage.
"We're incredibly proud to have worked closely with Mercedes-AMG Petronas Motorsport to help improve the team's performance through data and predictive analytics. Being named to the CIO 100 list is an impressive achievement, and we congratulate the members of both the Mercedes-AMG Petronas Motorsport and TIBCO teams who worked tirelessly to implement data-driven decisions that could make an impact on their performance," said Matt Quinn, chief operating officer, TIBCO. "This recognition affirms how both TIBCO's expertise in analytics and AI and the Formula One™ Champions' forward-thinking approach to integrating technology can propel a team to victory."
"Across the business landscape, companies everywhere recognize the vital role that an innovative, value-driven approach to information technology plays in their success," said Maryfran Johnson, executive director, CIO Programs, IDG. "This year's CIO 100 winning companies are inspiring examples of how IT leadership, business collaboration, and digital transformation will drive future growth."
TIBCO fuels digital business by enabling better decisions and faster, smarter actions through the TIBCO Connected Intelligence Cloud. From APIs and systems to devices and people, we interconnect everything, capture data in real time wherever it is, and augment the intelligence of your business through analytical insights. Thousands of customers around the globe rely on us to build compelling experiences, energize operations, and propel innovation. Learn how TIBCO makes digital smarter at www.tibco.com.
About the CIO 100 Awards
The annual CIO 100 Awards celebrate 100 organizations and the teams within them that are using IT in innovative ways to deliver business value, whether by creating competitive advantage, optimizing business processes, enabling growth or improving relationships with customers. The award is an acknowledged mark of enterprise excellence. Recipients are selected through a three-step process. First, companies fill out an online application form detailing an innovative IT and business initiative. Next, a team of external judges (many of them former CIOs) reviews the applications in depth, looking for leading-edge IT practices and measurable results. Finally, CIO editors review the judges' recommendations and select the final 100.
CIO focuses on attracting the highest concentration of enterprise CIOs and business technology executives with unparalleled peer insight and expertise on business strategy, innovation, and leadership. As organizations grow with digital transformation, CIO provides its readers with key insights on career development, including certifications, hiring practices and skills development. The award-winning CIO portfolio — CIO.com, CIO Events, CIO Strategic Marketing Services, CIO Forum on LinkedIn, CIO Executive Council and CIO primary research — provides business technology leaders with analysis and insight on information technology trends and a keen understanding of IT's role in achieving business goals. CIO is published by IDG Communications, Inc. Company information is available at www.idg.com.
About Mercedes-AMG Petronas Motorsport
Mercedes-AMG Petronas Motorsport is the works Formula One Team of Mercedes-Benz, competing in the FIA Formula One™ World Championship – the pinnacle of world motorsport and the largest annual sporting series in the world.
Based at two world-class technology campuses in the UK, the team designs, develops, manufactures and races the race cars and Hybrid Power Units driven by five-time World Champion Lewis Hamilton and race-winning team-mate Valtteri Bottas.
Formula One is a uniquely demanding technical and human challenge, requiring the right alchemy of cutting-edge technologies, high-performance management and elite teamwork to deliver results at 21 Grands Prix around the globe in a race season running from March to December.
Mercedes-AMG Petronas Motorsport set new benchmarks for F1™ success on its way to winning the Constructors' and Drivers' World Championships in 2014, 2015, 2016, 2017 and 2018. During those five Championship-winning seasons, the team scored 74 wins, 147 podiums, 84 pole positions, 53 fastest laps and 39 one-two finishes from 100 race starts.
TIBCO and the TIBCO logo are trademarks or registered trademarks of TIBCO Software Inc. and/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.
Lindsey Ashjian Torres
TIBCO Software Inc.
SOURCE TIBCO Software Inc.