Technology and F1 Leaders TIBCO and Mercedes-AMG Petronas Motorsport Announce Global Collaboration for Data-Driven Success
London, UK, March 14, 2019 – TIBCO Software Inc., a global leader in integration, API management, and analytics, today announces its continued partnership, which began in 2017, with five-time consecutive FIA Formula One™ World Constructors’ Champions Mercedes-AMG Petronas Motorsport. Leading with innovation, TIBCO will continue to provide the championship team and its brand-new Mercedes-AMG F1 W10 EQ Power+ race car with advanced analytics solutions, from TIBCO Spotfire® to TIBCO® Data Science, to create a competitive edge.
Now preparing for their tenth season in Formula One™, Mercedes-AMG Petronas Motorsport has both considerable experience and an immense amount of data. The combination of the two, then applied to data science, creates a unique opportunity for the team. The reigning champions look to TIBCO technology to leverage terabytes of dynamic data from any race weekend that is essential to making strategic decisions at the factory, as well as during a race. The TIBCO® Connected Intelligence platform provides a foundation of advanced analytics, helping the team pinpoint anomalies, make faster decisions, and exploit the full potential of its cars.
“Our TIBCO Connected Intelligence platform is ideal for customers that require unique insights to inform critical decisions in real-time. Similarly, Formula One teams require technology of the highest performance to complement the collaborative teamwork it takes to win,” said Thomas Been, chief marketing officer, TIBCO. “Mercedes-AMG Petronas Motorsport are committed to developing the car throughout the season to stay ahead of competition. With new regulation changes in place for the 2019 season, data will be key to success. We wish them success in 2019, as we work together to enhance performance, improve reliability, and reduce lead-times.”
Mercedes-AMG Petronas Motorsport has run millions of race simulations with TIBCO Spotfire, examining different variables to assess the results of minor changes. The robust solution empowers the team with seamless, easy access to various data types and advanced visualisations, while TIBCO’s real-time streaming analytics offer instant visibility on metrics during critical phases, plus instant notifications of threats. Using TIBCO Data Science and collaborating with TIBCO’s team of data scientists, Mercedes-AMG Petronas Motorsport creates and validates data science models used in analytics and applications, all run at a speed compatible with F1 requirements.
“Winning in Formula One requires both a team that can push development throughout an entire season, as well as technology that allows the freedom to innovate across the organisation. We’ve chosen to use TIBCO’s solutions for just that reason,” said Toto Wolff, team principal and chief executive officer, Mercedes-AMG Petronas Motorsport. “TIBCO technology not only provides our team with unique insights about the W10, but also gives us the necessary, real-time data we need to take the right risks at the right time to make decisions that ultimately enhance performance and help win races. The TIBCO Connected Intelligence platform plays a key role in helping us achieve success, and we are excited for it to continue to help the team in 2019.”
Learn how TIBCO’s partnership with Mercedes-AMG Petronas Motorsport helps them gain a competitive advantage.
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, 33 fastest laps and 39 one-two finishes from 100 race starts.
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, energise operations, and propel innovation. Learn how TIBCO makes digital smarter at www.tibco.com.
TIBCO, Spotfire, 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.