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“The ultimate goal,” says Bigmate’s general manager Brett Orr, “is to stop people getting seriously hurt, or worse.”

Just weeks after Tibco said it was looking at its long-term business options, the business intelligence software and middleware vendor has disclosed that it will be acquired by private equity firm Vista Equity Partners.

Add Tibco to the list of vendors pushing a full stack of so-called "customer engagement" software, which companies use to track and analyze consumer behavior in hopes of building deeper relationships with them and ultimately, selling more products and services.

Tibco's board of directors has begun a review of "strategic and financial alternatives," which presumably include a sale, the middleware vendor has confirmed following a news report of its plans.

Bank of America illegally copied US$300 million worth of Tibco's enterprise software for use in a massive IT project at its Merrill Lynch subsidiary, Tibco alleges in a lawsuit.

A second technology making a significant impact on solving Big Data problems is in-memory computing, which takes workloads that were traditionally resident on disk-based storage and moves them into main memory. This delivers a performance improvement many times above that which has been possible previously.

The massive explosion in data volumes collected by many organisations has brought with it an accompanying headache in terms of putting it to gainful use. Businesses increasingly need to make quick decisions, and pressure is mounting on IT departments to provide solutions that deliver quality data much faster than has been possible before. The days of trapping information in a data warehouse for retrospective analysis are fading in favour of event-driven systems that can provide data and enable decisions in real time.

With the word ‘recession' on every-body's lips, an unprecedented collapse in the finance sector still echoing, and a year of flat IT budgets being widely predicted, you could forgive the CEO of Tibco for being a little downbeat. But Vivek Ranadivé, the boss of arguably the world's largest integration software specialist, is coming out fighting and he has some solid financial numbers with which to back himself.