TIBCO Spotfire and ThoughtSpot are both strong competitors in the data analytics sector. Spotfire shines with its advanced analytics features, while ThoughtSpot is praised for its user-friendly query-based search.
Features: TIBCO Spotfire is notable for its extensive data integration, supporting R and Python, coupled with customization via IronPython and JavaScript. Its in-memory analytics allows handling large datasets efficiently, and it provides real-time stakeholder interaction through dynamic dashboards. ThoughtSpot offers intuitive query-based searches that empower non-technical users, allowing customizable analytics without needing deep expertise, facilitating direct strategic decision-making.
Room for Improvement: TIBCO Spotfire could improve its built-in visualizations and simplify its complex customization process. The learning curve is steep, requiring enhanced training resources, and server administration needs modernization. ThoughtSpot's areas for growth include offering more flexible visual customizations and improving its real-time data handling capabilities to enhance enterprise scalability.
Ease of Deployment and Customer Service: TIBCO Spotfire offers flexible deployment for on-premises and cloud environments but may require significant IT resources. Its customer support is robust but offers mixed reviews. ThoughtSpot easily adapts to private and public cloud environments and is noted for its responsive customer service, despite occasionally slow technical support in complex scenarios.
Pricing and ROI: TIBCO Spotfire's pricing is high, particularly for enterprises; however, it provides long-term ROI for feature-rich organizations. ThoughtSpot is competitively priced, more affordable than Tableau but pricier than Power BI. Its data volume-based pricing model offers flexibility and is appealing to smaller companies seeking adaptable solutions.
Using ThoughtSpot has resulted in significant time savings and improved business sales by allowing us to identify sellers and buyers across regions, facilitating targeted marketing.
Based on our implementation in one project, we are trying to raise more funding to expand its use.
ThoughtSpot saves a significant amount of time compared to other tools and is very user-friendly.
I have seen a return on investment with TIBCO Spotfire; it has significantly reduced our manual report creation time and increased data-driven decision-making efficiency, so our ROI is good in that aspect.
I stopped opening tickets due to insufficient and untimely responses.
ThoughtSpot provides a dedicated customer success person and the ability to submit tickets online, with a response time of no more than a day.
The knowledge base for ThoughtSpot is less robust compared to others.
Having a local partner was crucial for us while they were there.
I would rate the customer support for TIBCO Spotfire nine out of ten.
TIBCO's support, especially for integration products, is swift.
Tableau, Power BI, or Looker have separate tools for preparation, customization, and storytelling.
The platform does not have technical problems with scaling data or connections.
As our data has grown, I have validated huge datasets and complex models without significant issues.
The platform was able to support multiple simultaneous users and connect to cloud analytics in the backend, making it quite scalable.
I use it primarily for large datasets, and it performs faster than regular data visualization tools such as Power BI, which has limits on dataset size.
The upgrades are smooth with no downtime, which is super important.
The responsiveness of accessing live data is exceptional and faster than most other BI tools.
There are no significant stability issues as long as the product's capabilities are understood and not overly pushed.
The action logs allowed us to check traceability and see how mature and stable the setup was if corruption, performance drift, or synchronization issues occurred.
Overall, TIBCO Spotfire is a good product and has been a stable platform.
Currently, it is not as customizable as the options available on Power BI or Tableau.
Handling governance when there are many models and dashboards is complex.
Enhancing integration capabilities with other tools like DBT would also be beneficial as it would make our lives easier.
TIBCO Spotfire and ClickView need improvement in scheduling, which is critical yet lacking in quality.
It could be very useful if the coding part of using the platform could be more user-friendly in terms of visual capability.
For regulatory submissions, we sometimes had to additionally deploy external tools to provide our client with a perfect export.
HubSpot is expensive.
ThoughtSpot's pricing is reasonable and in line with other BI tools.
TIBCO Spotfire's pricing is high, particularly in traditional markets like Turkey, impacting market penetration.
My experience with pricing, setup cost, and licensing for TIBCO Spotfire appears fair.
Its compatibility with most databases, including the latest from FlexMovely and Redshift, allows users to create joins and worksheets easily.
This alerting feature is very beneficial for our company at the moment, and we use it extensively.
When I upload a data dump, AI analytics suggest possible data visualizations and insights, which I can pin to dashboards or live boards for modification.
TIBCO Spotfire integrates with R and Python, offering a differentiator from the competition.
Our client wanted a single analytic environment to serve as a one-stop place where their teams could explore, visualize, and collaborate in real time while maintaining security and regulatory expectations.
I think having Python included is a big win because you get the chance to customize your algorithm and your in-house development without having a big dependency on a third party.
| Product | Market Share (%) |
|---|---|
| ThoughtSpot | 1.5% |
| TIBCO Spotfire | 1.1% |
| Other | 97.4% |
| Company Size | Count |
|---|---|
| Small Business | 3 |
| Midsize Enterprise | 1 |
| Large Enterprise | 13 |
| Company Size | Count |
|---|---|
| Small Business | 18 |
| Midsize Enterprise | 12 |
| Large Enterprise | 42 |
ThoughtSpot is a powerful business intelligence tool that allows easy searching and drilling into data. Its ad hoc exploration and query-based search features are highly valued, and it is easy to set up, stable, and scalable.
The solution is used for reporting purposes, self-service BI, and embedding into other applications for customers to do self-service analytics. It helps businesses with metrics, KPIs, and important insights by sourcing data from various sources into one golden source and visualizing it in an easy way for the business to consume. The pricing model is ideal, charging for data rather than the number of users.
TIBCO Spotfire is a versatile data analytics platform that can handle large datasets and be deployed on-premise or in the cloud. Its dynamic reporting, easy creation of dynamic dashboards, and highly customizable tool make it a valuable asset for process data analysis, industrial performance dashboards, problem root cause analysis, business intelligence, and real-time analytics for IoT devices in the energy sector.
The solution also offers data science functions, map visuals, R and Python integration, and the ability to write HTML and JavaScript text areas. Spotfire has helped organizations deliver projects more efficiently and cost-effectively, allowing for faster data analysis.
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