20131011

Spotfire 6 is announced

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, and 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):
ipadiphone
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
la1

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:
GeoCodingSP6

TIBCO has Event processing capabilities (e.g StreamBase, they bought 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 Events Analytics 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
  • 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."

Spotfire 6 has 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 note: 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, R&D office in Sweden and Main marketing, sales and consulting office in 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.

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