Enterprise Service Bus - History and Name

History and Name

The first published usage of the term Enterprise Service Bus is attributed to Analyst Roy W. Schulte from the Gartner Group 2002 and the book "The Enterprise Service Bus" by David Chappell. The term was coined by the Sonic team at Progress Software,

• Service - denotes non-iterative and autonomously executing programs that communicate with other services through message exchange
• Bus - is used in analogy to a computer hardware bus
• Enterprise - the concept has been originally invented to reduce complexity of enterprise application integration within an enterprise; the restriction has become obsolete since modern Internet communication is no longer limited to a corporate entity

In fact, the term "bus" was created in the '80s by Teknekron Software Systems. Frustrated by how software seemed to always under-deliver, while hardware was always on time and under budget, Vivek Ranadivé set out to build software based on the premise of a "Software Bus" (which later became known as "The Information Bus," a.k.a. TIB), where a "bus" is the standard data highway by which various elements – like a computer system such as the CPU, the memory, the I/O devices, etc. — communicate. This concept would allow for the "tight" coupling of applications.

In 1986, Teknekron embarked on a consulting project with Goldman Sachs to redefine the "trading floor of the future" applying this approach. In 1987, the first TIB — for the integration and delivery of market data such as stock quotes, news and other financial information — went live at Fidelity, followed by First Interstate Bank, then Salomon, eventually digitizing all of Wall Street. Teknekron was later acquired by Reuters in 1994 to expand its use of the Information Bus in the financial services markets. In January 1997, Ranadivé founded TIBCO Software Inc. to create and market software for use in the integration of business applications outside the financial services sector. In 1998, TIBCO Software released TIB/ActiveEnterprise suite. In July 1999, TIBCO went public on the NASDAQ Stock Market under the ticker symbol TIBX. TIBCO stands for The Information Bus Company.