TIBCO entered the BI market through its $194 million acquisition of Spotfire in 2007. The TIBCO Spotfire BI platform includes functionality for analysis, reporting, dashboards, and advanced data visualization while Spotfire Silver (provides the best Zero-Footprint (web-beased) Client in DV market) is a cloud-based BI tool for creating and publishing dashboards and reports. SpotfireSilver is free for the first year of use. In addition, TIBCO’s $25 million acquisition of Insightful (vendor of S-PLUS, commercail version of the most popular statistical “R-Library) in 2008 added further statistical data analysis and dataminingfunctionality to the list of TIBCO’s BI capabilities.
According to IDC, Revenue from Spotfire and related TIBCO products (like S-PLUS) in 2010 is around $68.5M, while in 2008 it was about $72.7M and in 2009 it was $64.1M.