The State of
the Union
A look at how
the TEMENOS, Mpower1 and jBASE International relationship
benefits jBASE users around the globe
1989: jBASE the Product
Since its founding in 1989, the history of jBASE is characterized by pioneering
spirit coupled with ground-breaking innovations and collaboration with customers
around the globe. Coming from what was then a world leading database vendor and
solutions supplier, McDonnell Douglas Information Systems Ltd., the early jBASE
pioneers had an insight into how the database vendors were dealing with the move
to open systems. In fact, in all cases “Open Systems” seemed only to mean
“operates on UNIX”. Realizing that solutions for business needs were not always
to be found in the use of one database and understanding that access to all
databases transparently would be beneficial (and truly open), they embarked on a
mission to design, from the ground up, an open database product that would bring
the strengths of not only multiple platform, but also multiple database access
into the mainstream computing market.
From the
very beginning, jBASE was designed with both database and platform independence
in mind. Before Microsoft delivered Open Database Connectivity (ODBC), jBASE
engineers had already built a Database Management System, (DBMS) which was
completely database independent. By means of an innovative open and published
interface (jBASE External Device Interface,
jEDI), customers could achieve
seamless integration with foreign databases. This meant that any jBASE developed
application could read and write to whichever database was required for data
storage such as the native jBASE database but also Oracle, DB2 and others – a
first in the industry.
Not only was jBASE the industry’s first, database-independent solution, it was
also the first to be available across all popular, commercially viable platforms
such as Windows 95, NT and Linux. Today, jBASE runs on all of the most widely
used hardware and operating systems, with the inherent ability to port to
different platforms designed into the product in the very early stages.
A combination of powerful tools, a powerful database, together with a truly open
middleware revolutionized the industry for developers and end-users alike.
Nearly 18 years on, jBASE is still recognized as the most technologically
advanced product available in the market, with a customer base that has grown
exponentially. From a geographical perspective, the jBASE market spans the
world, with an impressive installed base spread across 70+ countries worldwide
in almost every facet of daily life including Banks, Retailers, Healthcare,
Government and General Commerce. Over 300,000 users and 8000 businesses around
the world rely on jBASE for mission critical information management.
1998: TEMENOS™ and jBASE Software
TEMENOS Group AG is a public company based in Switzerland, quoted on the Zurich
stock exchange. TEMENOS software provides banks with a single, real-time view
of the client across the enterprise, enabling banks to maximize returns while
streamlining costs. Whether providing 24/7 functionality to the wholesale,
retail and private banking sectors, partnering with central banks on core system
replacement, or working with the World Bank on solutions for the emerging
markets, TEMENOS knows banking.
In 1998, TEMENOS had big plans for their TEMENOS GLOBUS™ banking system
but felt technically restricted by UniVerse, the database technology upon which
their products were based. To progress from providing targeted solutions in
smaller environments to major solutions for top tier banks, TEMENOS needed to
move into the mainstream not just with databases but with tools and
connectivity. They were determined to do this while remaining truly open,
operating on multiple platforms and databases and other technologies without
restriction. TEMENOS needed to achieve this without rewriting the application in
order to retain the benefits of its widely accepted rich functionality.
Late in 1998, TEMENOS had its
first client requirement to serve 6,000 users. At that time, TEMENOS undertook
an extensive examination of jBASE technology and proved to themselves within
months that the jBASE advantage was a viable and commercially acceptable
solution. Benchmarking results in their tests against UniVerse showed that the
average throughput on jBASE was 2.6 times that of UniVerse but also, and more
significantly, this was in tests simulating 6,000 users with Transaction
Journaling in operation versus 2750 UniVerse simulated users without. The
benchmarking was a clear signal to TEMENOS. The client was won and remains a
leading client of TEMENOS today.
Performance and scalability were proven and, as a jBASE solution allows the
database layer to be almost anything via the open jEDI interface, TEMENOS could
harness this power to enable their clients to store their data in the market
leading DBMSs. Database storage would now be a matter of client preference and
budget.
1999: TEMENOS Acquires 100%
of jBASE
It was clear that implementing jBASE would allow TEMENOS to position their
product as a multi-platform, multi-database solution, but there was one risk
involved: the reliance on a company the size of jBASE Software. Despite a huge
client base, jBASE Software was a company of only 18 people worldwide and
therefore the inward investment to the product was limited to that of a company
with less than $1 million dollars in committed development funds. It was vital
for TEMENOS to protect their existing clients’ investment and to address the
potential concerns of their clients with regard to licensing a database from a
relatively small company. The perfect solution was for TEMENOS to buy jBASE and
invest in the technology. TEMENOS acquired 100% of jBASE Software in 1999 and
began to fund research and development on a scale previously unachievable in
jBASE Software’s ten year history.
The
decision to merge the strengths of both companies was based on a strong belief
in jBASE's future potential as a standalone product as well as the synergetic
value of a jBASE / GLOBUS™ solution. This belief soon became a reality and,
since 2000, TEMENOS GLOBUS™ has shipped exclusively with integrated jBASE
technology. The transition from UniVerse to jBASE laid the foundations for
GLOBUS’ successor, TEMENOS T24™. One of the prerequisites for TEMENOS T24™ is
the jBASE open connectivity technology integrated with the banking functionality
and coupled with an open database such as Oracle, IBM’s DB2, Microsoft’s SQL
Server or jBASE, which provides clients with numerous options with regard to
future direction.
It is
relatively easy to choose a system that will meet today’s requirements. What is
more difficult is choosing a system that has the flexibility and support to meet
one’s demands far into the future. Since embedding jBASE into their banking
solution, TEMENOS clients can now select the best database vendor or environment
to suit their own needs whether this is low cost, high performance, local
support or any other factor. If this changes in the future, they can switch
database vendor without altering their investment in TEMENOS T24™. This will
provide true longevity in the client’s chosen system.
TEMENOS
continues to support existing sites that are running UniVerse, but all new
installations are open using jBASE technology. Today, 66% of the entire TEMENOS
client base is on open database technology with just 33% remaining on UniVerse;
20% of which are already engaged in migration projects. The remaining 13% will
follow as and when their individual circumstances dictate. As new business has
grown over the past five years at a rate of 20% per annum, the 13% figure is
steadily being diluted regardless.
Internally, TEMENOS development, training, support and QA departments are using
jBASE to support their operations. In addition, and perhaps more importantly,
jBASE has allowed TEMENOS to expand its technological view significantly. For
example, TEMENOS is now able to take advantage of Java technologies to provide
interoperability and scalability options. And jBASE applications can easily
integrate with mainstream technologies such as MQ Series and other such
protocols. Further, TEMENOS can now deliver their solutions on jBASE,
Oracle, DB2 and SQL Server. None of this would have been possible without
jBASE.
The
jump to jBASE allowed TEMENOS to position itself as a serious market leader and
expanded its ability to pitch to 100% of its targeted market. In 6 years,
TEMENOS has grown from a $25 million dollar company to a predicted $205-210
million dollar company this year and is covered by market analysts such as
Gartner Group, Datamonitor and IDC.
TEMENOS
has grown from being just one of the players in the banking sector to being a
market leader due to many factors including its ability to deliver their
solution on jBASE, Oracle, DB2 or SQL Server and virtually any platform that the
client desires. Since TEMENOS T24™ was launched in 2003, each accounting period
has proved to be a company record including the most recent Q2 2006 showing
record sales.
2002: Engagement of Mpower1
International
In
2002, Mpower1 International forged a partnership with TEMENOS and attained the
worldwide support, distribution and existing client rights of the full jBASE
product set with the exception of TEMENOS’ own application sales. The UK-based
business empowerment company embarked on a major investment program by
reorganizing jBASE sales and support personnel into an independent sales,
marketing and support channel for jBASE customers and partners world-wide. The
new 100% Mpower1 owned subsidiary, jBASE International, became the exclusive
distributor of the jBASE software with the exception of where TEMENOS licenses
jBASE in conjunction with their own application software.
TEMENOS
retained the intellectual property rights and continued their investment in the
jBASE product with a dedicated jBASE development department in its own R&D
organization. Although TEMENOS remain extremely committed to the jBASE
database, the diversification into the sales and marketing of database
technology such as jBASE was not in line with its core business objectives in
the Banking industry vertical. This engagement enabled jBASE International to
fully focus on support and continuity, while at the same time allowing TEMENOS
to concentrate on delivering its jBASE developed banking solution to its own
clients.
Four
years on, the jBASE International market is strong, stable and growing, and
TEMENOS’ business has grown beyond recognition.
Formal Development Team
In 2002,
TEMENOS consolidated jBASE development into one central office in the UK. This
was carried out in order to implement formal development management which would
live up to the scrutiny expected of a public company by external accounting
auditors and ISO auditors.
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Clive Ketteridge, co-founder of the jBASE
company back in 1989, remains at TEMENOS as General Manager, jBASE. “It
became necessary to align our processes with that of an internationally
recognized standard,” says Ketteridge. “Today everything from source code
control, development, quality assurance to disaster recovery as regards
development of jBASE is regularly scrutinized externally in order for
TEMENOS to maintain its ISO certifications and credibility as a public
company.”
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Through this period, stability within
development has been achieved with many of the team passing their ten year
service and many more their five year service with the jBASE team. At the
same time, new blood continues to arrive so that today jBASE development
numbers 33 and is growing.
Improved Deliverables
The consolidation and restructure has proved successful and deliverables are
achieved within planned timeframes, consequently allowing TEMENOS and jBASE
International to better assist their respective clients in effectively planning
their business.
“The
development team has monitored and improved on a solid delivery mechanism,” says
Ketteridge. “It is our intention to strictly adhere to the development board’s
agreed schedule and so far we have been successful in meeting each milestone
since 2002. The structures and processes that are in place today have removed
any possibility of significant delay in product rollout.”
Of course
to achieve this, some of the high risk ground breaking propensity has had to
evolve into straightforward deliverables as development has moved from out and
out pioneers to production line status. “That’s not to say that the
cutting-edge, inventive sprit doesn’t remain,” says Ketteridge. “In fact, the
development team has accelerated research and development into emerging
technologies and today has a presence on the XML development boards of Oracle
and IBM.”
Quality Assurance
Another aspect of the more controlled environment is the adherence to a
progressive Quality Assurance framework. This ensures a more rigorous and
repeatable approach to the establishment of consistent, high quality standards
for the jBASE product.
A
dedicated team continually ensures that each new release is an improvement on
the previous, as all new releases are subjected to meticulous internal testing
in both the TEMENOS development offices in the UK and Chennai, India.
Before jBASE is delivered to a client site, it has undergone significant testing
in the UK, including the exercising of complex application code. It then goes
into a three month testing cycle at the Chennai TEMENOS offices where the entire
application of several millions of lines of code and thousands of business rules
developed in jBASE are tested.
So, while
it may take longer to reach general release status, it becomes quicker and
easier to implement thereby saving effort for TEMENOS, jBASE International and
their respective customers.
Strategic Relationships
Relationships between jBASE development and HP, Sun, Oracle, IBM and Microsoft
have strengthened and regular communication takes place between the various
development teams allowing the jBASE product to benefit from this type of
privileged information exchange.
Under a
pre-release initiative, these vendors supply jBASE development with hardware and
software product and information prior to general release so that they can be
tested with jBASE for compatibility and jBASE can be tuned to adopt certain
vendor enhancements that will eventually benefit any applications developed in
the jBASE product line.
Regular
workshops take place with these vendors as well as consultation as and when
required. This means that the Development Team is always ahead of the game,
developing the building blocks for future releases of jBASE.
Enhanced Support to jBASE
International Customers
jBASE has a long-standing, excellent reputation
for providing first-class support and consulting; the Mpower1 partnership has
allowed that to continue. Separate jBASE International support offices in
the US and the UK were merged into one expanded entity with personnel located on
multiple continents, creating a more effective support team and providing a
cohesive and consistent interface for customers and partners.
"The reorganization of the support team and
the addition of new in-house technical skills is a natural evolutionary step
for jBASE”, says Pete Loveless, CEO of jBASE International. “It solidifies
jBASE’s position as a leading provider of support in our industry and allows
jBASE International to provide the level of experience, value, and guidance
expected from an implementation partner.”
The Support and Development Teams meet weekly
to discuss outstanding issues and client requirements. Major projects
such as upgrading large sites from jBASE 3.4 to 4.1 now occur as
meticulously planned projects between the client, the Support Team and the
Development Team.
In
addition to offering superior support, jBASE International’s staff of technical
consultants offer access to expertise in the jBASE product line, providing
training and consulting services to maximize the client’s technology
investment. jBASE Professional Services meets needs ranging from
straightforward programming to comprehensive project management encompassing
strategic planning, implementation, and deployment to ensure each client's
unique business needs are identified and fulfilled.
Value Added Products
Mpower1 have invested in multiple complementary add-on products to enhance jBASE
and extend the existing functionality. Through strategic business alliances
with the Mpower1 group of companies, BlueFinity International and SC Systems,
supplementary products have made their way into the jBASE International product
family.
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Data at Rest Encryption
Data at Rest Encryption Module (DREM) is a powerful cross platform jEDI,
which supports 128-bit encryption and decryption of data at the file system
level without any changes to the application code.
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.NET Integration
mv.NET provides developers with a comprehensive solution to the challenge of
creating or enhancing Microsoft .NET based applications requiring access to
MultiValue databases. Its unique set of features allows the developer to use
the latest Microsoft technology while still leveraging all of the
traditional benefits of MultiValue functionality.
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Microsoft Reporting Services Functionality
Reporting Services Data Connector (RSDC) offers unparalleled Microsoft SQL
Server Reporting Services integration across a wide range of MultiValue
platforms.
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Rapid
Application Development
OSMOSiS is a 4GL Rapid Application Development toolkit based on MultiValue
principals. As a key feature, OSMOSiS includes a high quality conversion
component for System Builder and SB+, which even converts paragraphs into
usable BASIC code. |
“The
addition of new products complements our core product and service offerings and
provides our reseller network with an excellent opportunity to also add value to
their end-users”, explains Loveless.
Mpower1
plan to continue their investment and commitment to forward thinking products.
“The addition of cutting edge tools gives customers the ability to modernize
applications and opens new markets for the sale of application software,”
continues Loveless. “We are committed to offering customers complete solutions
and will continue to develop and adopt state of the art products that enable
increased connectivity and flexibility.”
Product Roadmap
A clearly defined product roadmap for jBASE is in place through to 2009 with
fully funded projects within this underway. This roadmap follows a strategic
schedule and illustrates the planned testing, release and availability dates for
jBASE releases and shows the expected times new releases will move from testing
through to beta and then to final production.
“jBASE
Release 4 has been a substantial engineering project undertaken by TEMENOS” says
Ketteridge. “It represents a significant investment in the future of the jBASE
product, is at the heart of the TEMENOS T24™ solution and is now embedded at
some of the worlds lead financial organizations including over 200 banks. In
fact, jBASE Release 4.1.x has been successfully shipping with T24 to TEMENOS
banking clients since the beginning of 2005.”
Recent
features available in 4.1.5 deliver more flexibility, scalability and ease of
administration. Enhanced SQL, Java and XML support position jBASE on a level
playing field to the mainstream DBMS. In addition, the thread signal handler
has been reworked to ensure full thread safety, making jBASE the only fully
thread safe database of its kind. A new file type has been added, jPlus, which
offers the ability to use large files (greater than 2GB) without administrative
headaches. jBASE 4.1.5 also adds Sun's Opteron platform as well as HPUX
Itanium to its list of supported platforms.
“Since
its first commercial install in February 1993, jBASE has offered unparalleled
robustness, scalability and connectivity. The next generation of jBASE is being
designed to continue this tradition,” says Ketteridge. “The roadmap includes an
increasing investment in jBASE as we move forward into in the next era of
development.”
Development is well under way of jBASE Release 5, a 64-bit implementation
including features such as warm start recovery, resilient files, auto-resizing
files, online backup, OBjEX.Net and more.
Future
Through its
organization, management, partners, products and services, jBASE International
is in a stronger position than ever to seize opportunities in the global
market. Collectively, Mpower1, jBASE International and TEMENOS have an
experienced team of over 40 personnel addressing all aspects of the jBASE
business and have ensured that product development and quality assurance through
to sales and post sales support are strengthened going forward. In addition to
this, jBASE International’s distributor network spans the globe and is expanding
in many areas including Australia and Europe.
Clive Ketteridge remains
steadfastly confident about the future of jBASE. "I have sat back and listened
to the comment and rumor in the marketplace for years now. At last we have
TEMENOS history to point at and say ‘told you so’! TEMENOS promised significant
investment and gave significant investment; TEMENOS promises more and is giving
more. The investment is solid, considerable and a direct benefit to the jBASE
community.” Ketteridge concludes, “I am looking forward to the future with a
firm certainty of continued investment and controlled, timely deliverables and I
hope the jBASE community feels the same!”