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Tibco Spotfire

Product
Developers: Tibco Software
Last Release Date: February, 2015
Technology: BI,  SaaS - Software as service

Content

TIBCO Spotfire is the system of analytics. It gives the chance not only quickly, using several clicks, to reveal and analyze large volumes of data (Big Data) in a real mode of time, to visualize the acquired information about a business status in the form of indicative control panels (Dashboards), but also to do realistic forecasts of business development, using and comparing at the same time multidimensional indicators from different sources and databases. The product allows to reveal and monitor trends of development of the market situation, provides the high level of knowledge of opportunities and risks, for acceptance of the best management decisions before implementation of market events when competitors know nothing about new trends yet.

TIBCO Spotfire will help the large companies from the sphere of power, production, telecommunications, finance and many other fields of business with Russia, to analyze data from various sources, to compare historical data with current, with ease to do complex, advanced analysis of Big Data and big content. On the basis of this information it is possible to predict further business development using several clicks and to build different business models.

In addition to the main functionality, in case of need, TIBCO Spotfire provides applications for the analysis of various big content, predictive, highly scalable geospatial and event data analysis. Spotfire with ease can be integrated and interact with other IT systems and data warehouses that is an important factor when choosing a BI system.

Approximate methods of application in certain areas for obtaining the deepest information of analytical character and extraction of benefit from data of stream type in real time are included below.

  • Power (it is about tracking of warnings of adverse weather conditions and analytics of these power pumps of submersible type).
  • Services of financial type (foreign exchange rates, observation of trade processes, tracking of performance of brokers).
  • Production processes (tracking of degree of machine output and identification of factors of failures, tracking of processes of production type and their optimization).
  • Goods of consumer type and retail sale (advertizing in shop, identification of fraudulent activity, determination of degree of a customer loyalty, determination of degree of consumer satisfaction, identification of moods in the social environment).
  • Telecommunications (analytics of data of network type, optimization, determination of efficiency of activity of call center).

You look also - Predicative analytics

2017

TIBCO Spotfire 7.11

On December 4, 2017 the next version of a system of analytics of TIBCO Spotfire — 7.11 became available. The updated solution opens for users a possibility of change of data source or a part of the initial data table in one click and also a set of other useful options.

The main changes concern the following areas:

  • Replacement of data source
    • Transition from test to the working database becomes significantly simpler. If in databases different names of tables are used, Spotfire finds and emphasizes these distinctions, simplifying the choice of the necessary table.
    • Editing connection to data is possible using several clicks in settings of the section of data sources now.

  • Replacement of a part of data in the used sources

    • In addition to replacement of data sources, there was a possibility of replacement of a part of data in the existing sources and tables instead of complete evolution of the source now. For example, users can replace columns of the used tables with data, using data from other sources.

  • Connection to SAP BW using API SAP BAPI

    • Now the connector SAP BW is complemented with an option of departure of requests in SAP BW using native integration of SAP BAPI of API without passing through API ODBO. It not only provides higher performance and more detailed information from SAP BW, but also simplifies work of users and allows to develop new functionality independently.

  • Set of other updates

2015

TIBCO Spotfire 7

In this release there was a Master of Recommendations who allows to make fast intuitive breakthrough in the direction of data analysis. The Spotfire 7 system managed by the built-in examination itself offers and visual representation of the studied data set helps to select the best. Everything, even beginners in data slicing pane, can create the whole analytical control panels within several seconds and begin detection of useful important information.

Of course the design was a little processed. There were additional opportunities for embellishment of dashboards (Dashboards) which meet the requirements of your style and design. With new options of visual design it is possible to select a new dark subject or to individually configure design of appearance of a desktop of Spotfire. For every taste and color, as stated … With the simplified and processed elements of the user interface and a set of new features easy in use of a research of data, for example, such as automatic grouping of data on type, appeared a possibility of faster and flexible data manipulation.

2014

Spotfire Content Analytics

  • In 2014 TIBCO Spotfire was called by "The best offer" in the report of Forrester Wave Agile BI.
  • There was an opportunity for work with big content (big content) - Spotfire Content Analytics (The analysis of content)
  • Big content (Big Content) – what is it?

In addition to standard Big Data (Big Data), there is a huge information flow in the big Universe of data which remains considerably uninvolved. Big Data developed into unstructured computer-generated content which appears as a result of human activity. In total it is called "big content" (Big Content). Nearly 80% of information obtained in the organizations (irrespective of the industry) consist of the unstructured content created by the person who continues to grow in geometrical progression. Some examples of big content (Big Content) include tapes of social networks, a chat and web logi, e-mail, documents, notes of sales and service, a note CRM of systems, maps of clients, blogs and many other things. It is the valuable context information which is practically not used, remains unnoticed because of limited functionality of technologies.

Possibilities of new technology:

  • Analysis of the text - The excellent tool with ample opportunities of the complex analysis of texts that provides structurization of unstructured content and complete understanding of business.
  • Complete visualization - the Single user interface for visualization of analysis results of texts which is equipped with full-text search.
  • The flexibility is the Analysis of content from different sources using the numerous easily configured functions.
  • Different data sources - Extraction and loading of content from different sources with improbable efficiency.

2013

Tibco Spotfire Cloud

Tibco Spotfire Cloud provides the safe, flexibly configured platform for joint work and the analysis of corporate information, wide feature set of management allowing quickly and with a minimum load on IT department to place new analytical applications.

2012

In September, 2012 the TIBCO company released the new version of a corporate analytical packet of Spotfire, as one of principal components of which the implementation of programming language R which is widely used for statistical calculations created by the company serves. The most known implementation of language R freely is distributed under the license with the open code, but it seldom directly is applied in corporate business and analytical packets. TIBCO aims to offer the implementation of R which is commercially supported and integrated with its corporate developments under the name TIBCO Enterprise Runtime for R (TERR). The company considers that existence of such version will allow to refuse rewriting of the analytical algorithms created in language R on languages of corporate systems of SAS or Matlab how often occurs now.

The released free version of TERR extends separately from a packet of Spotfire and is intended for development and testing of programs for R. Integration of the code created with its help into other applications or use in a business activity requires purchase of the license.

2011

Spotfire 4.0

The Tibco company supplied in November, 2011 the system of the business analysis and data visualization of Spotfire with functions of social interaction, having integrated it with the portal Microsoft SharePoint platform and with the own Tibbr social platform. New opportunities will appear in Spotfire of version 4.0 appearing this month. Spotfire executes all processing in RAM. A system allows to create quickly evident data views and interactive dashboards.

Spotfire 4.0 allows to publish the created displays in the SharePoint portal, or customers will be able independently to integrate a system with other platforms of corporate portals. In Tibbr it will be possible to share the developments with other users and to discuss each publication within the branching discussion. Branches, according to settings, can be private or public.

In applications of Spotfire it will be possible to place windows of a video conferencing and a chat of Tibbr. It is also possible to connect the Wiki to a BI system, report in Tibco. According to representatives of the company, in Spotfire 4.0 the appearance of dashboards is improved — now they spend screen space more economically.