Welcome!

Weblogic Authors: Yeshim Deniz, Elizabeth White, Michael Meiner, Michael Bushong, Avi Rosenthal

Blog Feed Post

New TIBCO Spotfire Analytics Software Is Better Than BI, Smarter Than Spreadsheets

Latest release delivers a complete platform for predictive analytics to any business, technical, or scientific user

Somerville, Mass., March 9, 2010 - TIBCO Software Inc. (NASDAQ: TIBX) today launched TIBCO Spotfire® 3.1, the latest version of its in-memory analytics platform making predictive analytics accessible within Spotfire's visual user experience. Spotfire® 3.1 responds faster than BI and more flexibly than spreadsheets, equipping everyone in the enterprise - whether in business, technical, or scientific roles - to easily analyse complex data, customise their discovery experience, and share their story through mashups, portals, or interactive dashboards. With this release, TIBCO makes predictive analytics a mainstream feature of any business application, allowing any enterprise decision-maker to perform "what-if" scenarios on demand and find new insights in complex data instantly.

"The TIBCO Spotfire Analytics Platform continues to evolve, putting more power into the hands of our analytics team and allowing us to cut time to decision, while guiding our users to more strategic insights," said Ramona Hovey, senior vice president, Products and Services for DrillingInfo Inc., an information and data analysis service for the oil and gas industry whose clients include major oil companies and large and small independents that produce over 90% of all U.S. oil and gas. "By exploiting innovative Spotfire technologies, such as Web-based business analytics, we are looking to build highly responsive, real-time business models to provide our internal and external clients with accelerated business innovation, growth, and collaboration."

"If empowering business users to make better decisions is the end game of BI and analytics technology, then organisations - and vendors - must provide functionality that goes beyond basic information access," said Dan Vesset, vice president of business analytics at IDC. "Support for scenario evaluation, predictive analytics, collaboration, and guided analytics of tools such as TIBCO Spotfire enables business decision makers at any level to discover new and actionable insights while proactively detecting and responding to events. This ability not only improves productivity, but also minimizes IT investment."

Superior Data Exploration & Analysis
With an extensive track record of providing users with innovative visualisation capabilities that speed decision-making, Spotfire 3.1 extends Spotfire's dominant position as the industry's leading visual data exploration and analysis solution. Users now have more tools to explore, interact with, and present their data, while giving them more flexibility and speed to analyse their data.

Unlike traditional BI or static spreadsheets, Spotfire 3.1 also includes conditional coloring and lasso and axis marking that allow for better data analysis of patterns, clusters and correlations among sets of variables. Its multiple scale bar charts and combination bar and line plots also allow for enhanced analysis of unstructured, 'free-dimensional' data to identify key outliers and trends amongst the data.

Fully Integrated Advanced Analytics Supporting S+ & R
With Spotfire 3.1, TIBCO continues to advance the industry's most flexible platform for deploying statistically-rigorous, predictive analytic applications to a wide range of professionals across the enterprise. Spotfire 3.1 enables organisations to easily integrate S+® or R statistical scripts and models into a remarkably intuitive and fully interactive interface. This is accomplished through the new TIBCO Spotfire Statistics Services layer, which allows for the central deployment and execution of both S+ and R-based models which can then be accessed and run from a Spotfire client. End users without statistical expertise can now leverage the power of predictive models to add confidence to their decisions. By fully integrating predictive analytics to the TIBCO Spotfire Analytics Platform, Spotfire 3.1 transforms the way business and technical professionals interact with data - whether data at rest or data in motion - to make decisions that impact operations on a moment-to-moment basis.

Spotfire 3.1 also allows the user to bring the power of the widely-adopted R language to the Spotfire platform to perform advanced what-if analysis and sophisticated analytics. This opens up access to a huge array of freely-available statistical methods, and makes them accessible and relevant for business professionals. By linking R analytics into the TIBCO Spotfire Analytics Platform, customers can take advantage of investments they've already made with R and make them available to the rest of the organisation.

"The rapid adoption of R demonstrates the high demand for statistically supported decision-making, but its usage has been limited to expert users" said Bill Ladd, Chief Analytic Officer of RecordedFuture and long-time R user. "This Spotfire Analytics release will make it easy for organisations to put the power of R and S+ into the hands of many more users. Not only will that leverage the investments organisations have made in developing algorithms and models, but it will help end users without statistical expertise make more analytically-powered decisions."

Comprehensive Platform for Building Analytic Applications
Spotfire 3.1 empowers non-IT, non-programmers to easily build powerful visual, interactive, event- and statistically-driven Spotfire® Analytic Applications, enabling more pervasive and flexible use of sophisticated analysis for decision-making by everyday business users. New parameter-driven applications - offered through new user interface controls - put the power of creating sophisticated applications right in the hands of a Spotfire user.

Working in tandem with TIBCO Spotfire® Application Data Services, Spotfire 3.1 also makes it possible to analyse data from various enterprise data sources, including SAP NetWeaver BI, SAP ERP, Salesforce.com, Siebel eBusiness Applications, and the Oracle E-Business Suite. This simplified integration - coupled with new Web mashup application programming interfaces (APIs) - enables richer and pervasive analytic application development. By bringing the power of analytics to mission-critical functions such as Sales and Marketing, Finance, Research & Development, and Supply Chain, Spotfire 3.1 allows IT to continually respond more quickly to growing business needs. With Spotfire, the limitations that had often led IT to adopt multiple applications in order to satisfy the information needs of different user groups no longer apply.

"Spotfire 3.1 brings easy-to-create - yet exceptionally powerful analytic applications to the enterprise - uniquely filling the 'analysis gap' that has forced business and technical professionals to resort to spreadsheets for their analytic needs. It sets a new standard for what a software product needs to provide in order to be truly considered 'analytics'," said Lars Bauerle, vice president product strategy for Spotfire, TIBCO Software Inc. "No other vendor combines five key elements - clarity of visualisation, freedom of spreadsheets, relevance of applications, confidence of statistics, and reach of reports - in a single user experience. We challenge any other vendor boasting 'analytics' to prove they meet this full set of requirements for analytics."

TIBCO Spotfire 3.1 is available now. For more information visit: http://spotfire.tibco.com/ContentCenter/Datasheets/Whats-New-3-1.aspx.

About TIBCO
TIBCO Software Inc. (NASDAQ: TIBX) is a leading provider of enterprise analytics software for next generation business intelligence. TIBCO Spotfire products offer a visual and interactive experience that helps professionals quickly discover new and actionable insights in information. Distinguished by its speed to insight and adaptability to specific business challenges, Spotfire rapidly reveals unseen threats and new opportunities, creating significant economic value. Spotfire customers include industry leaders among the Global 2000 that have deployed Spotfire analytics to gain an information advantage over their competitors. For more information, visit http://spotfire.tibco.com.

Media Inquiries
James Cooper or Duncan Gurney
Ascendant Communications
Tel: 0208 334 8041
Email:
[email protected] / [email protected] /

###

TIBCO, TIBCO Software, TIBCO Spotfire, Spotfire, S+, and TIBCO Spotfire Application Data Services are trademarks or registered trademarks of TIBCO Software Inc. or its subsidiaries in the United States and/or other countries. All other product and company names and marks mentioned in this document are the property of their respective owners and are mentioned for identification purposes only.

Read the original blog entry...

More Stories By RealWire News Distribution

RealWire is a global news release distribution service specialising in the online media. The RealWire approach focuses on delivering relevant content to the receivers of our client's news releases. As we know that it is only through delivering relevance, that influence can ever be achieved.

@ThingsExpo Stories
SYS-CON Events announced today that SourceForge has been named “Media Sponsor” of SYS-CON's 21st International Cloud Expo, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. SourceForge is the largest, most trusted destination for Open Source Software development, collaboration, discovery and download on the web serving over 32 million viewers, 150 million downloads and over 460,000 active development projects each and every month.
Enterprises have taken advantage of IoT to achieve important revenue and cost advantages. What is less apparent is how incumbent enterprises operating at scale have, following success with IoT, built analytic, operations management and software development capabilities – ranging from autonomous vehicles to manageable robotics installations. They have embraced these capabilities as if they were Silicon Valley startups. As a result, many firms employ new business models that place enormous impor...
SYS-CON Events announced today that TidalScale will exhibit at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. TidalScale is the leading provider of Software-Defined Servers that bring flexibility to modern data centers by right-sizing servers on the fly to fit any data set or workload. TidalScale’s award-winning inverse hypervisor technology combines multiple commodity servers (including their ass...
As popularity of the smart home is growing and continues to go mainstream, technological factors play a greater role. The IoT protocol houses the interoperability battery consumption, security, and configuration of a smart home device, and it can be difficult for companies to choose the right kind for their product. For both DIY and professionally installed smart homes, developers need to consider each of these elements for their product to be successful in the market and current smart homes.
SYS-CON Events announced today that MIRAI Inc. will exhibit at the Japan External Trade Organization (JETRO) Pavilion at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. MIRAI Inc. are IT consultants from the public sector whose mission is to solve social issues by technology and innovation and to create a meaningful future for people.
In his Opening Keynote at 21st Cloud Expo, John Considine, General Manager of IBM Cloud Infrastructure, will lead you through the exciting evolution of the cloud. He'll look at this major disruption from the perspective of technology, business models, and what this means for enterprises of all sizes. John Considine is General Manager of Cloud Infrastructure Services at IBM. In that role he is responsible for leading IBM’s public cloud infrastructure including strategy, development, and offering ...
As hybrid cloud becomes the de-facto standard mode of operation for most enterprises, new challenges arise on how to efficiently and economically share data across environments. In his session at 21st Cloud Expo, Dr. Allon Cohen, VP of Product at Elastifile, will explore new techniques and best practices that help enterprise IT benefit from the advantages of hybrid cloud environments by enabling data availability for both legacy enterprise and cloud-native mission critical applications. By rev...
SYS-CON Events announced today that Dasher Technologies will exhibit at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 - Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Dasher Technologies, Inc. ® is a premier IT solution provider that delivers expert technical resources along with trusted account executives to architect and deliver complete IT solutions and services to help our clients execute their goals, plans and objectives. Since 1999, we'v...
SYS-CON Events announced today that NetApp has been named “Bronze Sponsor” of SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. NetApp is the data authority for hybrid cloud. NetApp provides a full range of hybrid cloud data services that simplify management of applications and data across cloud and on-premises environments to accelerate digital transformation. Together with their partners, NetApp emp...
SYS-CON Events announced today that TidalScale, a leading provider of systems and services, will exhibit at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 - Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. TidalScale has been involved in shaping the computing landscape. They've designed, developed and deployed some of the most important and successful systems and services in the history of the computing industry - internet, Ethernet, operating s...
Join IBM November 1 at 21st Cloud Expo at the Santa Clara Convention Center in Santa Clara, CA, and learn how IBM Watson can bring cognitive services and AI to intelligent, unmanned systems. Cognitive analysis impacts today’s systems with unparalleled ability that were previously available only to manned, back-end operations. Thanks to cloud processing, IBM Watson can bring cognitive services and AI to intelligent, unmanned systems. Imagine a robot vacuum that becomes your personal assistant tha...
SYS-CON Events announced today that Massive Networks, that helps your business operate seamlessly with fast, reliable, and secure internet and network solutions, has been named "Exhibitor" of SYS-CON's 21st International Cloud Expo ®, which will take place on Oct 31 - Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. As a premier telecommunications provider, Massive Networks is headquartered out of Louisville, Colorado. With years of experience under their belt, their team of...
Widespread fragmentation is stalling the growth of the IIoT and making it difficult for partners to work together. The number of software platforms, apps, hardware and connectivity standards is creating paralysis among businesses that are afraid of being locked into a solution. EdgeX Foundry is unifying the community around a common IoT edge framework and an ecosystem of interoperable components.
Infoblox delivers Actionable Network Intelligence to enterprise, government, and service provider customers around the world. They are the industry leader in DNS, DHCP, and IP address management, the category known as DDI. We empower thousands of organizations to control and secure their networks from the core-enabling them to increase efficiency and visibility, improve customer service, and meet compliance requirements.
SYS-CON Events announced today that IBM has been named “Diamond Sponsor” of SYS-CON's 21st Cloud Expo, which will take place on October 31 through November 2nd 2017 at the Santa Clara Convention Center in Santa Clara, California.
Amazon is pursuing new markets and disrupting industries at an incredible pace. Almost every industry seems to be in its crosshairs. Companies and industries that once thought they were safe are now worried about being “Amazoned.”. The new watch word should be “Be afraid. Be very afraid.” In his session 21st Cloud Expo, Chris Kocher, a co-founder of Grey Heron, will address questions such as: What new areas is Amazon disrupting? How are they doing this? Where are they likely to go? What are th...
In a recent survey, Sumo Logic surveyed 1,500 customers who employ cloud services such as Amazon Web Services (AWS), Microsoft Azure, and Google Cloud Platform (GCP). According to the survey, a quarter of the respondents have already deployed Docker containers and nearly as many (23 percent) are employing the AWS Lambda serverless computing framework. It’s clear: serverless is here to stay. The adoption does come with some needed changes, within both application development and operations. Tha...
SYS-CON Events announced today that Avere Systems, a leading provider of enterprise storage for the hybrid cloud, will exhibit at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 - Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Avere delivers a more modern architectural approach to storage that doesn't require the overprovisioning of storage capacity to achieve performance, overspending on expensive storage media for inactive data or the overbui...
SYS-CON Events announced today that N3N will exhibit at SYS-CON's @ThingsExpo, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. N3N’s solutions increase the effectiveness of operations and control centers, increase the value of IoT investments, and facilitate real-time operational decision making. N3N enables operations teams with a four dimensional digital “big board” that consolidates real-time live video feeds alongside IoT sensor data a...
Join IBM November 1 at 21st Cloud Expo at the Santa Clara Convention Center in Santa Clara, CA, and learn how IBM Watson can bring cognitive services and AI to intelligent, unmanned systems. Cognitive analysis impacts today’s systems with unparalleled ability that were previously available only to manned, back-end operations. Thanks to cloud processing, IBM Watson can bring cognitive services and AI to intelligent, unmanned systems. Imagine a robot vacuum that becomes your personal assistant th...