Information Builders Explained

Information Builders (ibi)
Type:Private
Foundation:1975 in United States
Location City:New York City
Location Country:United States
Key People:Gerald D. Cohen, founder
Frank J. Vella, CEO
Num Employees:1,400 (2007)
Industry:Software and consulting
Products:WebFOCUS
FOCUS iWay Software
integration technology
Revenue:US$315 million (2007)

Information Builders (ibi), founded in 1975, was a privately held software company headquartered in New York City.[1] Information Builders (ibi) provided services in the fields of Business Intelligence, Data Integration and Data Quality solutions.

History

Gerald D. Cohen, who died in 2020,[2] co-founded Information Builders (ibi) in 1975[3] with Peter Mittelman and Martin B. Slagowitz. Their initial product, FOCUS, was designed to enable people without formal computer programming skills to work with information systems.[4]

Information Builders (ibi) was one of the largest privately held software firms, operating in more than 60 locations.[5] In 2001, it established iWay Software, a wholly-owned company focusing on data integration and service-oriented architecture (SOA).[6]

In October 2020, TIBCO Software agreed to purchase ibi. The deal was completed in March 2021.[7]

Notes and References

  1. News: . Lease for Office Space . Mervyn Rothstein . May 2, 1997.
  2. Web site: Brust . Andrew . Information Builders (ibi) names Frank J. Vella new CEO . ZDNet . 13 March 2019.
  3. Web site: Founded in 1975. Information Builders, Inc.. .
  4. Network World. Focus on End User tools. May 9, 1994 . 39.
  5. Web site: Zielenziger. David. Let Oracle, SAP Buy Others, Information Builders (ibi) Remains Independent Stalwart, CEO Says. International Business Times. 5 December 2011.
  6. ComputerWorld. iWay Software, launched in February 2001, is a wholly owned company of Information Builders (ibi) Inc. . iWay Software, from Information Builders (ibi). March 19, 2001 . 50.
  7. Web site: TIBCO Announces Agreement to Acquire Information Builders, Inc.. TIBCO Software Inc. Press Release. 22 October 2020.