TIBCO Spotfire S+ Review - why 4.4 stars?

TIBCO Spotfire S+ Review
ITQlick Score: 81/100
ITQlick Rating: (4.4/5)
Pricing: 3.2/10 - low cost
Category: Business Intelligence -> TIBCO Spotfire S+
Ranking:Ranked 92 out of 532 Business Intelligence systems
Company: Tibco
Pricing: starts at $650 per user/year
Typical customers: Small, medium and large size businesses
Platforms: Desktop, Mobile, Cloud
Links: TIBCO Spotfire S+ pricing, TIBCO Spotfire S+ alternatives
Shlomi LaviShlomi Lavi / updated: Aug 16, 2021

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What is TIBCO Spotfire S+?

TIBCO Spotfire S+ is a software developed to help users unlock the information hidden in their data and compete in the fierce market environment that the world has turned into. It is the application that will allow businesses to gain fast insights and make agile, competitive decisions for the overall good of a company.

TIBCO Software Inc., the company behind Spotfire S+, was founded in1997 by Vivek Ranadivé to provide businesses with real-time communication for business-to-consumer, business-to-employee and business-to-business data transfers. Today, TIBCO offers other types of business related softwares including those designed for decision making based on data analysis.

What is TIBCO Spotfire S+ rating? ()

The rating of TIBCO Spotfire S+ is 4.4 stars out of 5 and the total score is 81 out of 100. The ratings are based on our unbiased experts. Learn more in our rating methodology page

Who are TIBCO Spotfire S+'s typical customers?

With a market capitalization of $5.1 billion, TIBCO Software Inc. now offers softwares that can be used to manage information and the decision making process of over 4,000 customers. Spotfire S+ is being used in research and development by companies like PerkinElmer, Inc. The software is also being used by financial services, energy agencies, governments, manufacturers and telecommunication companies.

Analysts, statistician and IT professionals will certainly find the interactive analytic interface Spotfire offers of a great use. That is because it includes manipulation of data, composing analyses and all kind of visual data exploration.

Notable customers currently using Spotfire S+ are the Golden State Warriors, Major League Baseball, Charles Schwab, NASDAQ and Yahoo.

Is TIBCO Spotfire S+ the best Business Intelligence?

TIBCO Spotfire S+ is ranked 92 out of 532 software in their category (Business Intelligence systems).

What are their main features and functionalities?

Spotfire S+ was developed to help businesses visualize their data and interact with it in order to be able to spot opportunities that wouldn't have been seen on the first instance. The software gives users the power to monitor important operational metrics based on which accurate predictions can be done. By exploring historical data and comparing it to real-time information, users of Spotfire S+ can detect certain trends and have a fair idea of certain scenarios that could play out

Spotfire S+ gives you an insight into the unknown and provides you with the information based on which you can take the right action. Because the application is versatile, it can be used by all the members of a team and that facilitates collaboration which also has an important influence on the final outcome.

What are TIBCO Spotfire S+'s pros? (5 Pros)

  • TIBCO Spotfire S+ offers the tools to visualize and analyze your data and quickly get the answer to basic questions.
  • The software allows you to discover where you need to take action and see improvements in your business.
  • TIBCO Spotfire S+ offers mobile based Business Intelligence so can access it even on mobile devices
  • TIBCO Spotfire S+ was designed to be user friendly so you don't need a professional to take full advantage of the software
  • TIBCO Spotfire S+ comes in both an online service and a client server software

What are TIBCO Spotfire S+'s cons? (2 cons)

  • The data mining feature on TIBCO Spotfire S+ comes with some limitations
  • TIBCO Spotfire S+ does support API but it still requires the user to be very technical to take advantage of it.

Who are their main alternatives?

The main competitors for Tibco Spotfire S+ are Angoss and IBM SPSS.

Angoss provides a number of statistical solutions focused on predictive analysis to help in business decision making. There is Knowledge Seeker which utilizes data mining to build decision & strategy trees to support business objectives. This is integrated with Knowledge Studio which provides advanced predictive modeling tools to deliver scorecards for analysis. Additionally Knowledge Reader supports this analysis with tools for comparison, trend & association discovery to better predict future business outcomes.

Tibco Spotfire S+ however provides a visual programming language to develop analytic applications focused on specific customer requirements. It includes a large repository of statistical tools which can be incorporated into variable models and combined with a graphical display. Additionally these analytic applications can be developed & deployed quickly unlike traditional applications, and draw information from multiple sources for its predictive analysis.

IBM SPSS on the other hand while not having a programming platform breaks down predictive analytics into separate functional products. These include data collection, statistical analysis & modeling, and information insights which are statistically significant to yield predictive analysis. Based on this there is a decision making tool that translates these predictions into concrete actions which can be recommended for implementation organization wide.

Tibco Spotfire S+ however has an API in its Server module to integrate with other applications and so feed predictions which can be converted to business actions or strategic goals. Additionally its Miner module is responsible for in depth data mining which can support the predictive analysis methods using assigned workflows.

What is the cost of TIBCO Spotfire S+?

The cost of license starts at $650 per user/year. On top of the total cost of licenses which is easy to calculate - what is the REAL total cost of implementation? You need to add the cost of training, customization, data migration, and other "hidden cost". ITQlick pricing score is 3.2 out of 10 (10 is most expensive). Find here the REAL total cost breakdown for TIBCO Spotfire S+

What should you ask Tibco during a demo session? (65 questions)

Schedule a demo with TIBCO Spotfire S+ and access 65 must ask questions for the vendor while watching TIBCO Spotfire S+ in action.

List of categories

BI & Analytics
Data Analysis Tools
Business Intelligence
Cloud BI
Dashboards & KPIs
Data mining
Data Warehousing
Mobile BI
Predictive analytics
Query and Report Writer

List of features

Performance Measurements
Data analysis
Budgeting & CPM
Data visualization

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Shlomi Lavi

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Shlomi holds a Bachelor of Science (B.Sc.) in Information System Engineering from Ben Gurion University in Israel. Shlomi brings 15 years of global IT and IS management experience as a consultant, and implementation expert for small, medium and large size (global) companies.