DV News


Data Visualization Readings, Q1 2014, selected from Google+ extensions of this blog:
http://tinyurl.com/VisibleData and
http://tinyurl.com/VisualizationWithTableau

dvi032914

Data Visualization Index (using DATA+QLIK+TIBX+MSTR; click on image above to enlarge):
Since 11/1/13 until 3/15/14: DATA stock grew 50%. QLIK 11%, MSTR – 6%, TIBX – lost 1%.
Current Market Capitalization: Tableau – $5.5B, QLIK – $2.6B, TIBCO – 3.5B, Microstrategy – $1.4B
Number of Job Openings Today: Tableau – 231, QLIK – 135, Spotfire (estimate) – 30, Microstrategy – 214
However during last 2 weeks of March of 2014 DATA shares lost 24%, QLIK lost 14%, TIBX and MSTR both lost about 10%

Why use R? Five reasons.
http://www.econometricsbysimulation.com/2014/03/why-use-r-five-reasons.html

Studying Tableau Performance Characteristics on AWS EC2
http://tableaulove.tumblr.com/post/80571148718/studying-tableau-performance-characteristics-on-aws-ec2

Head-to-head comparison of Datawatch and Tableau
http://datawatch.com/datawatch-vs-tableau

Diving into TIBCO Spotfire Professional 6.0
http://www.jenunderwood.com/2014/03/25/diving-into-tibco-spotfire-professional-6-0/

TIBCO beats Q1 2014 estimates but Spotfire falters
http://diginomica.com/2014/03/20/tibco-beats-estimates-spotfire-falters/

Qlik Doesn’t Fear Tableau, Oracle In Data Analytics
http://news.investors.com/031314-693154-qlik-focuses-on-easy-to-use-data-analytics.htm?p=full

Best of the visualisation web… February 2014
http://www.visualisingdata.com/index.php/2014/04/best-of-the-visualisation-web-february-2014/

Datawatch: ‘Twenty Feet From Stardom’
http://seekingalpha.com/article/2101513-datawatch-twenty-feet-from-stardom

Tableau plans to raise $345M — more than its IPO — with new stock offering
http://venturebeat.com/2014/03/16/tableau-plans-to-raise-345m-more-than-its-ipo-with-new-stock-offering/

TIBCO Spotfire Expands Connectivity to Key Big Data Sources
http://www.marketwatch.com/story/tibco-expands-connectivity-to-key-big-data-sources-2014-03-11

Tableau and Splunk Announce Strategic Technology Alliance
http://www.splunk.com/view/SP-CAAAKH5?awesm=splk.it_hQ

The End of The Data Scientist!?
http://alpinenow.com/blog/the-end-of-the-data-scientist/

bigData

Data Science Is Dead
http://slashdot.org/topic/bi/data-science-is-dead/

Periodic Table of Elements in TIBCO Spotfire
http://insideinformatics.cambridgesoft.com/InteractiveDemos/LaunchDemo/?InteractiveDemoID=1

Best of the visualisation web… January 2014
http://www.visualisingdata.com/index.php/2014/03/best-of-the-visualisation-web-january-2014/

Workbook Tools for Tableau
http://powertoolsfortableau.com/tableau-workbooks/workbook-tools/

Tapestry Data Storytelling Conference
http://www.tapestryconference.com/attendees
http://www.visualisingdata.com/index.php/2014/03/a-short-reflection-about-tapestry-conference/ ReadingLogo

URL Parameters in Tableau
http://interworks.co.uk/business-intelligence/url-parameters-tableau/

Magic Quadrant 2014 for Business Intelligence and Analytics Platforms
http://www.gartner.com/technology/reprints.do?id=1-1QLGACN&ct=140210&st=sb

What’s Next in Big Data: Visualization That Works the Way the Eyes and Mind Work
http://insights.wired.com/profiles/blogs/what-s-next-in-big-data-visualization-that-works-the-way-the-eyes#axzz2wPWAYEuY

What animated movies can teach you about data analysis
http://www.cio.com.au/article/539220/whatanimatedmoviescanteachaboutdata_analysis/

Tableau for Mac is coming, finally
http://www.geekwire.com/2014/tableau-mac-coming-finally/

Authenticating an External Tableau Server using SAML & AD FS
http://www.theinformationlab.co.uk/2014/02/04/authenticating-external-tableau-server-using-internal-ad/

Visualize this: Tableau nearly doubled its revenue in 2013
http://gigaom.com/2014/02/04/visualize-this-tableau-nearly-doubled-its-revenue-in-2013/

Qlik Announces Fourth Quarter and Full Year 2013 Financial Results
http://investor.qlik.com/releasedetail.cfm?ReleaseID=827231

InTheMiddleOfWinter2

Tableau Mapping – Earthquakes, 300,000,000 marks using Tableau 8.1 64-bit
http://theywalkedtogether.blogspot.com/2014/01/tableaumapping-earthquakes-300000000.html

Data Science: What’s in a Name?
http://www.linkedin.com/today/post/article/20130215205002-50510-the-data-scientific-method

Gapminder World Offline
http://www.gapminder.org/world-offline/

Advanced Map Visualisation in Tableau using Alteryx
http://www.theinformationlab.co.uk/2014/01/15/DrawingArrowsinTableau

Motion Map Chart
http://apandre.wordpress.com/2014/01/12/motion-map-chart/

One of Bill Gates’s favorite graphs redesigned
http://www.perceptualedge.com/blog/?p=1829

Authentication and Authorization in Qlikview Server
http://community.qlik.com/blogs/qlikviewdesignblog/2014/01/07/authentication-and-authorization

SlopeGraph for QlikView (D3SlopeGraph QlikView Extension)
http://www.qlikblog.at/3093/slopegraph-for-qlikview-d3slopegraph-qlikview-extension/

Revenue Model Comparison: SaaS v. One-Time-Sales
http://www.wovenware.com/blog/2013/12/revenue-model-comparison-saas-v-one-time-sales#.UyimffmwIUo

Scientific Data Has Become So Complex, We Have to Invent New Math to Deal With It
http://www.wired.com/wiredscience/2013/10/topology-data-sets/all/

Posting data to the web services from QlikView
http://community.qlik.com/docs/DOC-5530

It’s your round at the bar
http://interworks.co.uk/tableau/radial-bar-chart/

Lexical Distance Among the Languages of Europe
http://elms.wordpress.com/2008/03/04/lexical-distance-among-languages-of-europe/

SnowInsteadOfRainJan2014-SNOW

Data Visualization readings – last 4 months of 2013.

(time to read is shrinking…)

0. The Once and Future Prototyping Tool of Choice
http://tableaufriction.blogspot.com/2013/07/the-once-and-future-prototyping-tool-of.html

1. Block by Block, Brooklyn’s Past and Present
http://bklynr.com/block-by-block-brooklyns-past-and-present/

2. Data Visualization and the Blind
http://www.perceptualedge.com/blog/?p=1756

3. WHY ABRAHAM LINCOLN LOVED INFOGRAPHICS
http://www.newyorker.com/online/blogs/elements/2013/10/why-abraham-lincoln-loved-infographics.html#

4. Old Charts

5. Back To Basics
http://www.quickintelligence.co.uk/back-to-basics/

6. In-Memory Data Grid Key to TIBCO’s Strategy
http://www.datanami.com/datanami/2013-10-21/in-memory_data_grid_key_to_tibco_s_strategy.html

7. Submarine Cable Map
http://visual.ly/submarine-cable-map?view=true

8. Interview with Nate Silver:
http://blogs.hbr.org/2013/09/nate-silver-on-finding-a-mentor-teaching-yourself-statistics-and-not-settling-in-your-career/

9. Qlikview.Next will be available in 2014
http://apandre.wordpress.com/2013/09/25/qlikview-next/

10. Importance of color?
http://www.qualia.hr/why-is-color-so-important-in-data-visualization/#

11. Qlikview.Next has a gift for Tableau and Datawatch
http://apandre.wordpress.com/2013/10/24/qlik-next-has-gift/

12. (October 2013) Tableau posts 90% revenue gain and tops 1,000 staffers, files for $450 million secondary offering
http://www.geekwire.com/2013/tableau-software/#

13. The Science Of A Great Subway Map
http://www.fastcodesign.com/3020708/evidence/the-science-of-a-great-subway-map

14. SEO Data Visualization with Tableau
http://www.blastam.com/blog/index.php/2013/10/how-to-create-awesome-seo-data-visualization-with-tableau/

15. John Tukey “Badmandments”
http://www.kdnuggets.com/2013/11/john-tukey-badmandments-lessons-from-great-statistician.html#
Tukey

Supplementary BADMANDMENTS:

  • 91. NEVER plan any analysis before seeing the DATA.
  • 92. DON’T consult with a statistician until after collecting your data.
  • 94. LARGE enough samples always tell the truth

16. Thinking about proper uses of data visualization.
http://data-visualization-software.com/finally-some-clear-thinking-about-proper-uses-of-data-visualization/

17. Big BI is Stuck: Illustrated by SAP BusinessObjects Explorer
http://www.perceptualedge.com/blog/?p=727

18. IBM (trying to catch up?) bets on big data visualization
http://www.zdnet.com/ibm-bets-on-big-data-visualization-7000022741/

19. Site features draft designs and full views of the Treemap Art project (By Ben Shneiderman)
http://treemapart.wordpress.com/
http://www.cs.umd.edu/hcil/treemap-history/
http://www.cs.umd.edu/hcil/treemap/
http://treemapart.wordpress.com/full-views/
http://treemapart.wordpress.com/category/draft-designs/
img_6560

20. A Guide to the Quality of Different Visualization Venues
http://eagereyes.org/blog/2013/a-guide-to-the-quality-of-different-visualization-venues

21. Short History of (Nothing) Data Science
http://www.forbes.com/sites/gilpress/2013/05/28/a-very-short-history-of-data-science/

22. Storytelling: Hans Rosling at Global Health – beyond 2015

23. DataWatch Quarterly Review: Rapid Growth Finally Materializing
http://seekingalpha.com/article/1872591-datawatch-quarterly-review-rapid-growth-finally-materializing

24. QlikView Extension – D3 Animated Scatter Chart
http://www.qlikblog.at/2574/qlikview-extension-animated-scatter-chart/

AnimatedScatterChart-500x328

25. SlopeGraph for QlikView (D3SlopeGraph QlikView Extension)
http://www.qlikblog.at/3093/slopegraph-for-qlikview-d3slopegraph-qlikview-extension/

26. Recipe for a Pareto Analysis
http://community.qlikview.com/blogs/qlikviewdesignblog/2013/12/09/pareto-analysis

27. Color has meaning
http://www.juiceanalytics.com/design-principles/color-has-meaning/#
Meaning-in-color-e1328906744180

28. TIBCO’s Return To License Growth Frustratingly Inconsistent
http://seekingalpha.com/article/1909571-tibcos-return-to-license-growth-frustratingly-inconsistent

29. Automated Semantics and BI
http://www.forbes.com/sites/danwoods/2013/12/30/why-automated-semantics-will-solve-the-bi-dashboard-crisis/

30. What is wrong with definition of Data Science?
http://www.kdnuggets.com/2013/12/what-is-wrong-with-definition-data-science.html
mout-stats-cs-database

31. Scientific data became so complex, we have to Invent new Math to deal with it
http://www.wired.com/wiredscience/2013/10/topology-data-sets/

32. Samples

Selected Tableau Readings after TCC13 (since September 18, 2013)

sometimes reading is better then doing or writing…

0. Top 10 sessions from TCC13:
http://www.tableausoftware.com/about/blog/2013/12/top-10-sessions-tcc13-27292

1. Dual Color Axis:
https://www.interworks.com/blogs/wjones/2013/09/18/create-dual-color-axis-tableau

2. Evaluate models with fresh data using Tableau heat maps:
http://cooldata.wordpress.com/2012/07/12/evaluate-models-with-fresh-data-using-tableau-heat-maps/

3. Tableau Throws a Brick at Traditional BI:
http://www.datanami.com/datanami/2013-09-11/tableau_throws_a_brick_at_traditional_bi.html

4. Easy Empty Local Extracts:
http://www.tableausoftware.com/about/blog/2013/9/easy-empty-local-extracts-25152

5. Tableau 8.1: Sophisticated Analytics for Sophisticated People:
http://www.tableausoftware.com/about/blog/2013/9/tableau-81-sophisticated-analytics-sophisticated-people-25177

6. Tableau 8.1 and R (can be interesting for at least 5% of Tableau users):
http://www.tableausoftware.com/about/blog/2013/10/tableau-81-and-r-25327
also see:
https://www.interworks.com/blogs/trobeson/2013/11/27/using-r-tableau-81-getting-started
and here:
http://www.tableausoftware.com/about/blog/r-integration

7. Tableau, When Are You Going to Fix This?
http://www.datarevelations.com/tableau-when-are-you-going-to-fix-this.html

8. Automated PDF Email Distribution of Tableau Views Using PowerShell and Tabcmd:
http://www.interworks.com/blogs/tladd/2013/08/22/automated-pdf-email-distribution-tableau-views-using-powershell-and-tabcmd

9. Geocoding Addresses Directly in Tableau 8.1 Using Integration with R:
http://www.dataplusscience.com/Geocoding%20in%20Tableau%20using%20R.html

10. Best Practices for Designing Efficient Workbooks (and white Paper about it):
http://www.tableausoftware.com/about/blog/2013/10/best-practices-designing-efficient-workbooks-25391

11. Tableau Mapping Architecture:
http://urbanmapping.com/tableau/mapping-architecture.html

12. Story Points in Tableau 8.2 presentation mode:
http://eagereyes.org/blog/2013/story-points

13. Truly Global: Filtering Across Multiple Tableau Workbooks with the JavaScript API:
https://www.interworks.com/blogs/tladd/2013/10/24/truly-global-filtering-across-multiple-tableau-workbooks-javascript-api

14. Tableau 8.1 Worksheet, Dashboard menus improved, still room for more:
http://tableaufriction.blogspot.com/2013/10/tv81-beta-3-worksheet-dashboard-menus.html

15. Lollipops Charts in Tableau:
http://drawingwithnumbers.artisart.org/lollipops-for-quality-improvement/

16. Was Stephen Few Right?
http://www.datarevelations.com/was-stephen-few-right-my-problems-with-a-companys-iron-viz-competition.html

17. Precision Inputs Required In Addition To Analog Controls:
http://tableaufriction.blogspot.com/2013/11/precision-inputs-required-in-addition.html

18. Google Spreadsheets to Tableau connector – a working driver:
http://community.tableausoftware.com/thread/135281

19. Leveraging Color to Improve Your Data Visualization:
http://www.tableausoftware.com/public/blog/2013/10/leveraging-color-improve-your-data-visualization-2174

20. Workbook acts as a container for multiple Tableau-based Charts – 114
Samples and Visualization Types:
http://www.alansmitheepresents.org/2013/07/team-geiger-rides-again.html

21. The New Box-and-Whisker Plot:
http://www.tableausoftware.com/public/blog/2013/11/box-and-whisker-plots-2231

22. The Tableau Workbook Library:
http://www.tableausoftware.com/about/blog/2013/11/tableau-workbook-library-27004

23. Customizing Tableau Server Experience (Parts 1, 1.5, 2):
http://ugamarkj.blogspot.com/2013/11/customizing-tableau-server-experience.html
http://ugamarkj.blogspot.com/2013/12/customizing-tableau-server-experience.html
http://ugamarkj.blogspot.com/2013/12/customizing-tableau-server-experience_15.html

24. SAML Integration in Tableau 8.1:
https://www.interworks.com/blogs/daustin/2013/11/27/saml-integration-tableau-81

25. Tableau file types and extensions:
http://www.theinformationlab.co.uk/2013/12/02/tableau-file-types-and-extensions/

26. Tableau Server XML Information Files: The Master Class:
http://tableaulove.tumblr.com/post/69383091006/tableau-server-xml-information-files-the-master-class

27. Is it Transparency? Is it Opacity? Labeled one, works like the other:
http://tableaufriction.blogspot.com/2013/12/is-it-transparency-is-it-opacity.html

28. Viz Hall of Fame:
http://www.tableausoftware.com/about/blog/2013/12/viz-hall-fame-27270

29. Tableau Weekly Archive:
http://us7.campaign-archive1.com/home/?u=f3dd94f15b41de877be6b0d4b&id=d23712a896

30. 2013 Winners:
http://www.tableausoftware.com/public/blog/2013/12/2013-award-winners-2272
Happy New Year!
2014Cubes

2 months ago TIBCO (Symbol TIBX on NASDAQ) announced Spotfire 6 at TUCON 2013 user conference. This as well a follow-up release  (around 12/7/13) of Spotfire Cloud supposed to be good for TIBX prices. Instead since then TIBX lost more then 8%, while NASDAQ as whole grew more then 5%:

TIBXvsNasdaqFrom1014To121313

For example, at TUCON 2013 TIBCO’s CEO re-declared “5 primary forces for 21st century“(IMHO all 5 “drivers” sounds to me like obsolete IBM-ish Sales pitches) – I guess to underscore the relevance of TIBCO’s strategy and products to 21st century:

  1. Explosion of data (sounds like Sun rises in the East);

  2. Rise of mobility (any kid with smartphone will say the same);

  3. Emergence of Platforms (not sure if this a good pitch, at least it was not clear from TIBCO’s presentation);

  4. Emergence of Asian Economies (what else you expect? This is the side effect of the greedy offshoring for more then decade);

  5. Math trumping Science  (Mr. Ranadive and various other TUCON speakers kept repeating this mantra, showing that they think that statistics and “math” are the same thing and they do not know how valuable science can be. I personally think that recycling this pitch is dangerous for TIBCO sales and I suggest to replace this statement with something more appealing and more mature).

Somehow TUCON 2013 propaganda and introduction of new and more capable version 6 of Spotfire and Spotfire Cloud did not help TIBCO’s stock. For example In trading on Thursday, 12/12/13 the shares of TIBCO Software, Inc. (NASD: TIBX) crossed below their 200 day moving average of $22.86, changing hands as low as $22.39 per share while Market Capitalization was oscillating around $3.9B, basically the same as the capitalization of 3 times smaller (in terms of employees) competitor Tableau Software.

As I said above, just a few days before this low TIBX price, on 12/7/13, as promised on TUCON 2013, TIBCO launched Spotfire Cloud and published licensing and pricing for it.

Most disappointing news is that in reality TIBCO withdrew itself from the competition for mindshare with Tableau Public (more then 100 millions of users, more then 40000 active publishers and Visualization Authors with Tableau Public Profile), because TIBCO no longer offers free annual evaluations. In addition, new Spotfire Cloud Personal service ($300/year, 100GB storage, 1 business author seat) became less useful under new license since its Desktop Client has limited connectivity to local data and can upload only local DXP files.

The 2nd Cloud option called Spotfire Cloud Work Group ($2000/year, 250GB storage, 1 business author/1 analyst/5 consumer seats) and gives to one author almost complete TIBCO Spotfire Analyst with ability to read 17 different types of local files (dxp, stdf, sbdf, sfs, xls, xlsx, xlsm, xlsb, csv, txt, mdb, mde, accdb, accde, sas7bdat,udl, log, shp), connectivity to standard Data Sources (ODBC, OleDb, Oracle, Microsoft SQL Server Compact Data Provider 4.0, .NET Data Provider for Teradata, ADS Composite Information Server Connection, Microsoft SQL Server (including Analysis Services), Teradata and TIBCO Spotfire Maps. It also enables author  to do predictive analytics, forecasting, and local R language scripting).

This 2nd Spotfire’s Cloud option does not reduce Spotfire chances to compete with Tableau Online, which costs 4 times less ($500/year). However (thanks to 2 Blog Visitors – both with name Steve – for help), you cannot use Tableau online without licensed version of Tableau Desktop ($1999 perpetual non-expiring desktop license with 1st year maintenance included and each following year 20% $400 per year maintenance) and Online License (additional $500/year for access to the same site, but extra storage will not be added to that site!) for each consumer. Let’s compare Spotfire Workgroup Edition and Tableau Online cumulative cost for 1, 2, 3 and 4 years for 1 developer/analyst and 5 consumer seats :

 

Cumulative cost for 1, 2, 3 and 4 years of usage/subscription, 1 developer/analyst and 5 consumer seats:

Year

Spotfire Cloud Work Group, 250GB storage

Tableau Online (with Desktop), 100GB storage

Cost Difference (negative if Spotfire cheaper)

1

$2000

$4999

-$2999

2

$4000

$8399

-$4399

3

$6000

$11799

-$5799

4

$8000

$15199

-$7199

UPDATE: You may need to consider some other properties, like available storage and number of users who can consume/review visualizations, published in cloud. In sample above:

  • Spotfire giving to Work Group total 250 GB storage, while Tableau giving total 100 GB to the site. 2 or more subscriptions can be associated with the same site, but it will not increase the size of storage for the site from 100 GB to more (e.g. 200 GB for 2 subscribers). 
  • Spotfire costs less than Tableau Online for similar configuration (almost twice less!)

Overall, Spotfire giving more for your $$$ and as such can be a front-runner in Cloud Data Visualization race, considering that Qlikview does not have any comparable cloud options (yet) and Qliktech relying on its partners (I doubt it can be competitive) to offer Qlikview-based services in the cloud. Gere is the same table as above but as IMage (to make sure all web browsers can see it):

SFvsTBCloudPrice

It is important to consider another advantage of Spotfire Cloud: ability to share visualizations with everybody on internet by publishing them into Public Folder(s). By contrast, Tableau has limited licensing for this: in order to access to published workbooks on Tableau Online site, the Tableau Software by default requires the extra subscription, which is wrong from my point of view, because you can just publish it on Public Folder of such site (if such option allowed). By default (and without additional negotiations) Tableau Online does not allow the usage of Public Folder.

3rd Spotfire’s Cloud option called Spotfire Cloud Enterprise, it has customizable seating options and storage, more advanced visualization, security and scalability and connects to 40+ additional data sources. It requires an annoying negotiations with TIBCO sales, which may result to even larger pricing. Existence of 3rd Spotfire Cloud option decreases the value of its 2nd Cloud Option, because it saying to customer that Spotfire Cloud Work Group is not best and does not include many features. Opposite to that is Tableau’s Cloud approach: you will get everything (with one exception: Multidimensional (cube) data sources are not supported by Tableau Online) with Tableau Online, which is only the option.

Update 12/20/13:  TIBCO announced results for last quarter, ending 11/30/13 with Quarterly revenue $315.5M (only 6.4% growth compare with the same Quarter of 2012) and $1070M Revenue for 12 months ended 11/30/13 (only 4.4% growth compare with the same period of 2012). Wall Street people do not like it today and TIBX lost today 10% of its value, with Share Price ending $22 and Market Capitalization went down to less then $3.6B. At the same time Tableau’s Share Price went up $1 to $66 and Market Capitalization of Tableau Software (symbol DATA) went above $3.9B). As always I think it is relevant to compare the number of job openings today: Spotfire – 28, Tableau – 176, Qliktech – 71

Famous Traditional BI vendor got sick and tired to be out of Data Visualization market and decided to insert itself into it by force by releasing today 2 Free (for all users) Data Visualization Products:

  • MicroStrategy Analytics Desktop™ (Free self-service visual analytics tool)

  • MicroStrategy Analytics Express™ (Free Cloud-based self-service visual analytics)

That looks to me as the huge Disruption of Data Visualization Market: For example similar Desktop Product from Tableau costs $1999 and Cloud Product called Tableau Online costs $500/year/user. It puts Tableau, Qlikview and Spotfire to a very tough position price-wise. However only Tableau stock went down almost $3 (more then %4) today, but MSTR, TIBX an QLIK basically did not react on Microstrategy announcement):

DataMstrQlikTibx

And don’t think that only MIcrostrategy trying to get into DV market. For example SAP did similar (in less-dramatic and non-disruptive fashion) a few months ago with SAP Lumira (Personal Edition is free), also SAP Cloud and Standard edition available too, see it here http://www.saplumira.com/index.php and here http://store.businessobjects.com/store/bobjamer/en_US/Content/pbPage.sap-lumira . SAP senior vice president and platform head Steve Lucas 10 weeks ago was asked if SAP would consider buying Tableau, Lucas went in the opposite direction. “We aren’t going to buy Tableau,” Lucas said with a smile on his face. There’s no need to buy an overvalued software company.” Rather, SAP wants to crush companies like Tableau (I doubt it is possible, but SAP is free to try) and build own Data Visualization product line out of Lumira, read more at

http://venturebeat.com/2013/07/30/sap-platform-head-tableau-overvalued/#yFzUpzOh6ivMYvqP.99

If I will be Tableau, Qlikview or Spotfire I will not worry yet about Microstrategy competition yet, because it is unclear how the future R&D for free Analytics Desktop and Express will be funded – out of MicroStrategy Analytics Enterprise™ R&D budget? That can be tricky, considering as of right now Tableau hiring hard (163 open job positions as of yesterday!) and Qliktech is very active too (about 93 openings as of yesterday) and even TIBCO has 36 open positions just for Spotfire alone.

But I may start to worry about other DV Vendor - Datawatch, who recently completed the acquisition of Panopticon. Datawatch grew 45% YoY (2012-over-2011), has only 124 employees but $27.5M in sales, very experienced leadership, 40000+ customers worldwide and mature product line. May be another evidence of it here:

http://online.wsj.com/article/PR-CO-20131023-907942.html

The three MicroStrategy Analytics Platform products also share a common user experience—making it easy to start small with self-service analytics and grow into the production-grade features of Enterprise. Desktop and Express from Microstrategy can be naturally extended (for fee)  to a new enterprise-grade BI&DV Suite, also released today and called MicroStrategy Analytics Enterprise™ (known under other name as MIcrostrategy Suite 9.4). 

New MicroStrategy Analytics Enterprise 9.4 includes data blending, which allows users to combine data from more than one source; the software stores the data in working memory without the need for a separate data integration product.  9.4 can connect with the MongoDB NoSQL data store as well as Hadoop distributions from Hortonworks, Intel and Pivotal. It comes with the R, adds better ESRI integration. The application can now fit 10 times as much data in memory as the previous version could, and the self-service querying now runs up to 40 percent faster.

MicroStrategy Analytics Enterprise™ Suite is also available starting today for free for developers and non-production use: 10 named user licenses of MicroStrategy Intelligence Server, MicroStrategy Web Reporter and Analyst, MicroStrategy Mobile, MicroStrategy Report Services, MicroStrategy Transaction Services, MicroStrategy OLAP Services, MicroStrategy Distribution Services, and MultiSource Option. 1 named user license of development software, MicroStrategy Web Professional, MicroStrategy Developer, and MicroStrategy Architect The server components have a 1 CPU limit).

Quote from Wayne Eckerson, President of  BI Leader Consulting: “The new MicroStrategy Analytics Desktop makes MicroStrategy a top-tier competitor in the red-hot visual discovery market. The company was one of the first traditional enterprise BI vendors to ship a visual discovery tool, so its offering is mature compared to others in its peer group, but it was locked away inside its existing platform. By offering a stand-alone desktop visual discovery tool and making it freely available, MicroStrategy places itself among” Data Visualization Leaders.

You also can read today’s article from very frequent visitor to my blog (his name Akram), who is the Portfolio and Hedge Manager, Daily Trader and excellent investigator of all Data Visualization Stocks, DV Market and DV Vendors. His article “Tableau: The DV Market Just Got More Crowded”  can be found here (cannot resist to quote: “Microstrategy is priced like it has nothing to do with this space, and Tableau is priced like it will own the whole thing.”):

http://seekingalpha.com/article/1760432-tableau-the-dv-market-just-got-more-crowded?source=yahoo

Heatmap generated by Microstrategy Analytic Desktop

Heatmap generated by Microstrategy Analytic Desktop

MicroStrategy Analytics Desktop.

It’s free visual analytics: Free Visual Insight, 100M per file, 1GB total storage, 1 of user, Free e-mail support for 30 days. Free access to online training, forum, and knowledge base.
Data Sources: xls, csv, RDBMSes, Multidimensional Cubes, MapReduce, Columnar DBs, Access with Web Browser, export to Excel, PDF, flash and images, email distribution. The product is freely available to all and can be downloaded instantly at:http://www.microstrategy.com/free/desktop .

TRellis of Bar Charts generated by Microstrategy Analytics Desktop

TRellis of Bar Charts generated by Microstrategy Analytics Desktop

Kevin Spurway, MicroStrategy’s vice president of industry and mobile marketing said: “The new desktop software was designed to compete with other increasingly popular self-serve, data-discovery desktop visualization tools offered by Tableau and others”. To work with larger data sets, a user should have 2GB or more of working memory on the computer, Spurway said. See more here:

http://www.microstrategy.com/Strategy/media/downloads/free/analytics-desktop_quick-start-guide.pdf

MicroStrategy Analytics Express.

MicroStrategy Analytics Express is a software-as-a-service (SaaS)-based application that delivers all the rapid-fire self-service analytical capabilities of Desktop, plus reports and dashboards, native mobile applications, and secure team-based collaboration – all instantly accessible in the Cloud. Today, the Express community includes over 32,000 users across the globe.

In this release, Express inherits all the major functional upgrades of the MicroStrategy Analytics Platform, including new data blending features, improved performance, new map analytics, and much more. For a limited time, MicroStrategy is also making Express available to all users free for a year. With this valuable offer, users will be able to establish an account, invite tens, hundreds, or even thousands of colleagues to connect, analyze and share their data and insight, and do it all at no charge. For some organizations, the potential value of this offer can be $1 million or more. Users can sign up, access the service, and take advantage of this offer instantly at

www.microstrategy.com/free/express

MicroStrategy Analytics Express includes Free Visual Insight, Free web browser and iPad access, Free SaaS for one year, 1GB upload per file, unlimited number of users, Free e-mail support for 30 days. Free access to online training, forum, and knowledge base. Data Sources: xls, csv, RDBMSes Columnar DBs, Drobbox, Google Drive Connector, Visual Insight, a lot of security and a lot more, see http://www.microstrategy.com/Strategy/media/downloads/free/analytics-express_user-guide.pdf

All tools from Microstrategy Analytics Platform (Desktop, Express and Entereprise Suite) support standard list of Chart Styles and Types: Bar (Vertical/Horizontal Clustered/Stacked/100% Stacked), Line (Vertical/Horizontal Absolute/Stacked/100% Stacked), Combo Chart (of Bar and Area)Area (Vertical/Horizontal Absolute/Stacked/100% Stacked)

Area Chart Generated by Microstrategy Analytics Express

Area Chart Generated by Microstrategy Analytics Express

Dual Axis ( Bar/Line/Area Vertical/Horizontal), HeatMap, Scatter, Scatter Grid, Bubble, Bubble Grid, Grid,

Data Grid generated by Microstrategy Analytics Express

Data Grid generated by Microstrategy Analytics Express

Pie, Ring, ESRI Maps,

Microstrategy Analytics Desktop and Express integrate and generate ESRI Map Visualizations

Microstrategy Analytics Desktop and Express integrate and generate ESRI Map Visualizations

Network of Nodes, with lines representing links/connections/relationship,

Network Graph Generated by Microstrategy Analytics Express

Network Graph Generated by Microstrategy Analytics Express

Microcharts and Sparklines,

e4Microcharts

Data and Word Clouds,

DataCloud

and of course any kind of interactive Dashboards as combination of all of the above Charts, Graphs, and Marks:

Interactive Dashboard Generated by Microstrategy Analytics Express

Interactive Dashboard Generated by Microstrategy Analytics Express

Yesterday TIBCO announced Spotfire 6 with features, competitive with Tableau 8.1 and Qlikview.Next (a.k.a Qlikview 12). Some new features will be showcased at TUCON® 2013, TIBCO’s annual user conference, October 14-17, 2013 (2100 attendees). Livestream Video is here: http://tucon.tibco.com/video/index.html , tune in October 15th and 16th from 11:30am – 3:30pm EST.

More details will be shown in webcasts and webinars (I personally prefer detailed articles, blogposts, slides, PDFs and Demos, but TIBCO’s corporate culture ignores my preferences for years) on 10/30/13 by Steve Farr

Spotfire 6.0 will be available in mid-November, presumably the same time as Tableau 8.1 and before then Qlikview.Next so TIBCO is not a loser in Leap-frogging game for sure…

TIBCO bought the Extended Results and will presumably will show the integration with PSUHBI product, see it here: http://www.pushbi.com/ ; TIBCO called it as Delivery of  personal KPIs and Metrics on any mobile phone, tablet or laptop, online or offline (new name for it will be TIBCO Spotfire® Consumer):

ipadiphoneAnother TIBCO’s Purchase is MAPORAMA and integration with it TIBCO called (very appropriately) as the Location Analytics with promise to

  • Visualize, explore and analyze data in the context of location

  • Expand situational understanding with multi-layered geo-analytics

  • Mashup new data sources to provide precise geo-coding across the enterprise

la1Spotfire Location Services is the Agnostic Platform and supports (I guess this needs to be verified, because sounds too good to be true) any map service, including own TIBCO, ESRI (Spotfire integrates with ESRI previously), Google:

GeoCodingSP6TIBCO has Event processing capabilities (e.g BusinessEvents (5.1.2. now), ActiveSpaces ( currently v. 2.2) and realtime streaming of “Big Data” StreamBase (7.3.7) , they bought (StreamBase that is) a few months ago, see it here: http://www.streambase.com/news-and-events/press-releases/pr-2013/tibco-software-acquires-streambase-systems/#axzz2hiEjnr9X) and it will be interesting to see the new Spotfire Events Analytics (to Spot Event patterns)  product (see also: http://www.streambase.com/products/streambasecep ) integrated with Spotfire 6:

  • Identify new trends and outliers with continuous process monitoring

  • Automate the delivery of analytics applications based on trends

  • Operationalize analytics to support continuous process improvement:

ea1

One more capability in Spotfire mentioned (this claim needs to be verified) in recent TIBCO blogpost http://www.tibco.com/blog/2013/10/11/connecting-the-loops-the-next-step-in-decision-management/ as the ability to overlap 2 related but separated in real-life processes: the processes of analysis (discovery of insights in data) and execution (deciding and actions) could be separated by days, but with Spotfire 6.0 the entire decision process can happen in real time:

spotfireloops

For business user Spotfire 6 has new web-based authoring (Spotfire has a few “Clients”, one called Web Player and another called Enterprise Player, both are not free unlike Tableau Free Reader or Tableau Public). Bridging the gap between simple dashboards and advanced analytic applications, Spotfire 6.0 provides a new client “tailored to meet the needs of the everyday business user, who typically has struggled to manipulate pivot tables and charts to address their data discovery needs”.

With this new web application, known as TIBCO Spotfire® Business Author, business users can visually explore and interact with data, whether residing in a simple spreadsheet or dashboard, a database, or a predefined analytic application. It will definitely compete with Web Authoring in Tableau 8.1 and incoming Qlikview.Next.

For me personally the most interesting new feature is new Spotfire Cloud Services (supposedly the continuation of Spotfire SIlver, which I like but it is overpriced and non-competitive storage-wise vs. Tableau Public and Tableau Online cloud services). Here is the quote from yesterday’s Press Release: “TIBCO Spotfire® Cloud is a new set of cloud services for enterprises, work groups, and personal use (see some preliminary info here: https://marketplace.cloud.tibco.com/marketplace/marketplace/apps#/sc :

  • Personal: Web-based product, Upload Excel, .csv and .txt data, 12 visualization types, 100 GB of data storage. However, Spofire making a big mistake by denying access to Spotfire Analyst desktop product and making it as not free but only as “free trial for 30 days”, after which you have to pay a fee. That will benefit Tableau for sure and may be even Datawatch. As of 11/13/13, Spotfire still did not posted prices and fees for Spotfire Cloud Personal etc. and suggested to contact them over email, which I did but they never replied…
  • Workgroup: Web-based and desktop product, Connect and integrate multiple data sources, All visualization types, 250 GB of data storage.
  • Enterprise: Web-based and desktop product, Connect to 40+ data sources, All visualization types, Advanced statistics services, 500 GB of data storage

TIBCO Spotfire® Cloud Enterprise provides a secure full-featured version of Spotfire in the cloud to analyze and collaborate on business insights, whether or not the data is hosted. For project teams seeking data discovery as a service, TIBCO Spotfire® Cloud Work Group provides a wealth of application-building tools so distributed teams can visually explore data quickly and easily and deploy analytic applications at a very low cost. For individuals looking for a single step to actionable insight, TIBCO Spotfire®Personal is a cost-effective web-based client for quick data discovery needs.”

Please don’t forget that Spotfire 6 has TIBBR - v.5 as of now: https://tibco.tibbr.com/tibbr/web/login (social computing platform built for the workplace and integrated with Spotfire; Ram Menon, President of Social Computing at tibbr, says, “We now have 6.5 million users for tibbr as of October [2013]” and accessed from 7,000 cities, and 2,100 different device models. “A typical tibbr post is now seen by 100 users in the span of 24 hours, in 7 countries and over 50 mobile devices.” This fulfills TIBCO’s mission of getting the right information to the right people, at the right time. Related: integration between TIBBR and HUDDLE: http://www.huddle.com/blog/huddle-and-tibbr-unite-to-bring-powerful-collaboration-to-enterprise-social-networking/ )

And finally – enterprise-class, R-compatible statistical engine: TIBCO Enterprise Runtime for R (TERR) which is  the part of excellent TIBCO Spotfire Statistics Services (TSSS). TSSS allows Integration of R (including TERR), Spotfire’s own S+ (SPlus is Spotfire’s commercial version of R), SAS® and MATLAB® into Spotfire and custom applications. TERR, see http://spotfire.tibco.com/en/discover-spotfire/what-does-spotfire-do/predictive-analytics/tibco-enterprise-runtime-for-r-terr.aspx supports:

  • Support for paralelized R-language scripts in TERR

  • Support for call outs to open source R from TERR

  • Use RStudio – the most popular IDE in the R Community-to develop your TERR scripts

  • Over a thousand TERR compatible CRAN packages

Among other news is support for new Data Sources: http://spotfire.tibco.com/en/resources/support/spotfire-data-sources.aspx including SAP NetWeaver Business Warehouse v.7.0.1 (required TIBCO Connector Link).

General notes:

  1. I maintain my opinion that the best way for TIBCO to capitalize on tremendous hidden market value of Spotfire is to spin-it off as EMC did with VMWare.

  2. My other concern is too many offices involved with Spotfire: (Parental) TIBCO’s HQ in California, Swedish HQ (mostly R&D) office in Sweden and Large Marketing, Sales, Support and Consulting office in Newton, Massachusetts. My advise to have only one main office in MA, which is compatible with spin-off idea. Tableau has advantage here with concentrating their main office in Seattle.

  3. Update 11/13/13: TIBCO’s Spotfire propaganda so far did not help TIBCO stock shares at all, but seems to me that it helps a lot to Datawatch stock prices (Datawatch bought recently a very capable (technically) DV Vendor Panopticon and integrated its own software with Panopticon Software; Datawatch has 40000+ customers with 500000+ end users)

Last month Tableau and Qliktech both declared that Traditional BI is too slow (I am saying this for many years) for development and their new Data Visualization (DV software) is going to replace it. Quote from Tableau’s CEO: Christian Chabot: “Traditional BI software is obsolete and dying and this is very direct challenge and threat to BI vendors: your (BI that is) time is over and now it is time for Tableau.” Similar quote from Anthony Deighton, Qliktech’s CTO & Senior VP, Products: “More and more customers are looking at QlikView not just to supplement traditional BI, but to replace it“.

One of my clients – large corporation (obviously cannot say the name of it due NDA) asked me to advise of what to choose between Traditional BI tools with long Development Cycle (like Cognos, Business Objects or Microstrategy), modern BI tools (like JavaScript and D3 toolkit) which is attempt to modernize traditional BI but still having  sizable development time and leading Data Visualization tools with minimal development time (like Tableau, Qlikview or Spotfire).

Since main criterias for client were

  • minimize IT personnel involved and increase its productivity;

  • minimize the off-shoring and outsourcing as it limits interactions with end users;

  • increase end users’s involvement, feedback and action discovery.

So I advised to client to take some typical Visual Report project from the most productive Traditional  BI Platform (Microstrategy), use its prepared Data and clone it with D3 and Tableau (using experts for both). Results in form of Development time in hours) I put below; all three projects include the same time (16 hours) for Data Preparation & ETL, the same time for Deployment (2 hours) and the same number (8) of Repeated Development Cycles (due 8 consecutive feedback from End Users):

DVvsD3vsBI

It is clear that Traditional BI requires too much time, that D3 tools just trying to prolongate old/dead BI traditions by modernizing and beautifying BI approach, so my client choose Tableau as a replacement for Microstrategy, Cognos, SAS and Business Objects and better option then D3 (which require smart developers and too much development). This movement to leading Data Visualization platforms is going on right now in most of corporate America, despite IT inertia and existing skillset. Basically it is the application of the simple known principle that “Faster is better then Shorter“, known in science as Fermat’s Principle of least time.

This changes made me wonder (again) if Gartner’s recent marketshare estimate and trends for Dead Horse sales (old traditional BI) will stay for long. Gartner estimates the size of BI market as $13B which is drastically different from TBR estimate ($30B).

BIDeadHorseTheoryTBR predicts that it will keep growing at least until 2018 with yearly rate 4% and BI Software Market to Exceed $40 Billion by 2018 (They estimate BI Market as $30B in 2012 and include more wider category of Business Analytics Software as opposed to strictly BI tools). I added estimates for Microstrategy, Qliktech, Tableau and Spotfire to Gartner’s MarketShare estimates for 2012 here:

9Vendors

However, when Forrester asked people what BI Tools they used, it’s survey results were very different from Gartner’s estimate of “market share:

BIToolsInUse

“Traditional BI is like a pencil with a brick attached to it” said Chris Stolte at recent TCC13 conference and Qliktech said very similar in its recent announcement of Qlikview.Next. I expect TIBCO will say similar about upcoming new release of Spotfire (next week at TUCON 2013 conference in Las Vegas?)

Tableau_brick2

These bold predictions by leading Data Visualization vendors are just simple application of Fermat’s Principle of Least Time: this principle stated that the path taken between two points by a ray of light (or development path in our context) is the path that can be traversed in the least time.

Pierre_de_Fermat2Fermat’s principle can be easily applied to “PATH” estimates to multiple situations like in video below, where path from initial position of the Life Guard on beach to the Swimmer in Distress (Path through Sand, Shoreline and Water) explained: 

Even Ants following the Fermat’s Principle (as described in article at Public Library of Science here: http://www.plosone.org/article/info%3Adoi%2F10.1371%2Fjournal.pone.0059739 ) so my interpretation of this Law of Nature (“Faster is better then Shorter“) that  traditional BI is a dying horse and I advise everybody to obey the Laws of Nature.

AntsOn2SurfacesIf you like to watch another video about Fermat’s principle of Least Time and related Snell’s law, you can watch this: 
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