October 11, 2013
Spotfire 6 is announced
Posted by Andrei Pandre under Datawatch
, DV News
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):
Another 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
Spotfire 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:
TIBCO 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:
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:
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 ” 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
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.
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.
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)