TIBCO Spotfire
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TIBCO Spotfire by TIBCO Software Inc.

TIBCO Spotfire? is a data discovery and business intelligence tool with depth. Its capabilities cover the spectrum from colorful graphic visualizations to in-depth statistical analysis. 

You can create various data visualizations with custom interactive dashboards that aid in discovery, but with the Spotfire built in analytical engines, you can do so much more: utilize the results of data mining, help in-house intelligence analysts crunch proprietary numbers, and aim for new business growth.

Spotfire helps you anticipate opportunities and risks by seamlessly integrating predictive models and real-time event streams into user-friendly business intelligence solutions that work. 

It offers the best of both worlds: powerful predictive analytics for business users and a broad array of cutting-edge statistical analysis tools and self-service BI systems for statisticians and quantitative analysts. These tools can be used to rapidly prototype, develop, and deploy new analytic applications.
TIBCO SPOTFIRE
Cost of Ownership

Typical cost structure for TIBCO Spotfire:

License/Subscription Cost
  • On-Premise: Provides customized subscription plan and prices are based on customer needs and requirements
  • Cloud-based/SaaS model: Based on recurring subscription fee model – per user per month/annual plus 250GB cloud storage
Maintenance Cost
  • On-Premise: Included in the upfront license cost
  • Cloud-based/SaaS: None
Installation/Implementation Cost
  • On-Premise: Included in the upfront license cost
  • Cloud-based/SaaS: None
Customization Cost For both type of deployments, cost will vary depending on the type of module selected and the level of customization required (add-on) for developing or enhancing an existing product feature or module
Data Migration Cost/Change Management/Upfront Switching Cost Dependent on your current software, amount of data to be migrated, availability of migration tools, complexity of data and gaps between the existing system and the new system
Training Cost
  • For both types of deployments, initial training support is provided for streamlining the implementation process
  • Provides training support through Spotfire Community, live webinars, classroom and online training, interactive demo, resource library and on-demand webinars
Recurring/Renewal Costs

- On-Premise: Include cost for updates, maintenance, upgrades, and patches

- Cloud-based/SaaS:

  • Recurring monthly fee which typically includes maintenance, remote monitoring, upgrades, training and support
  • Additionally, the renewal cost will vary depending on the type of module selected by the users
Pricing Details
Product Name Description Price/Details
TIBCO Spotfire Desktop
  • Immediate, anywhere access
  • No IT Infrastructure required and no maintenance concern
  • Data Access
  • Data Visualization
  • Data Analysis
  • Sharing and Presenting Data
Starting price is $650/user/year (annual subscription cost)
TIBCO Spotfire Cloud
    • Data Access
    • Data Visualization
    • Data Analysis
    • Sharing and Presenting Data
  • $200/user/month or $2,000/user/year
  • 250GB of cloud storage
  • Custom pricing available on demand
TIBCO Spotfire Platform
  • Data Access
  • Data Visualization
  • Data Analysis
  • Sharing and Presenting Data
  • Advanced Customization
  • Pricing information available on request
  • Pricing plans available based on type of deployment opted - Subscription, Perpetual and Term Licenses
TIBCO Spotfire Cloud Enterprise
  • Data Access
  • Data Visualization
  • Data Analysis
  • Sharing and Presenting Data
Pricing information available on request
TIBCO Spotfire for Amazon Cloud Services
  • Data Access
  • Data Visualization
  • Data Analysis
  • Sharing and Presenting Data
  • Advanced Customization
Starting at $0.99/hour
Deployment Options What options are available for product deployment? Cloud - based/SaaS & On-Premise
Pricing Model What is the pricing model? Subscription and License-based
Minimum Commitment Is there a minimum monthly or yearly commitment required for purchase?
  • One time set up fees is required for purchase of license based product
  • No minimum commitment required for purchasing cloud-based product
Custom Quote Is there an option of requesting custom quote? Available
Free Trial Does the vendor provide a free trial option? Yes, 30 Day Trial
Product Limitations

Some of the product limitations include:

  • Calculating custom fields in Spotfire is fairly difficult as compared to MS Excel. Users need to manually calculate the data in Spotfire tool
  • Does not offer robust Metadata functionality
  • Difficulty in customizing visualizations and drilling down into data sets for more granular view
  • Does not let users specify custom SQL instructions when accessing a data source
  • Difficult to write and understand Spotfire coding
Competitors

Birst: Starting at $30,000/20 users/year

QlikSense: Starting at $20/user/month

Tableau Big Data Analytics: Starting at $35/user/month

Benefits

  • Desktop 
    Spotfire® Desktop was built for the individual. Once your data is imported, Spotfire® will use targeted BI solutions to provide suggestions on different and better ways to look at the data, allowing for the discovery of different insights, relationships, and impact of the data. 

    Spotfire supports dimension-free exploration, to enable users to interactively visualize data without constraints. Develop actionable insights for quick actions and informed decision making under pressure. Use the assets locked in a data warehouse to actively control the course of business processes. 

    In addition, this set of business intelligence software products uniquely enables users to create rich, multi-level map-based analytics presentations, to better understand geographic correlations in data. From there you can build custom groupings in business intelligence dashboards, run statistical models locally, and export your findings with ease. 

  • Cloud
    TIBCO Spotfire® Cloud, designed for data mining, requires no installation. Everything you need for robust business intelligence and analytics is in the cloud. You get data analytics software-as-a-service for visual exploration and analysis of your data. 

    Spotfire Cloud provides the same business intelligence tools as Spotfire Desktop, with the addition of web authoring and unlimited sharing. Best for a team, some of the capabilities include exporting your findings to Excel, PPT, and PDF; sharing privately with your group; or publishing to the Internet. 

  • Platform
    Spotfire Platform is designed for larger deployments within organizations. Its differentiating hybrid in-memory/in-database analytics architecture supports the most demanding enterprise needs, easily scaling to thousands of users and limitless rows of data.

    Spotfire is deployed in the world’s largest companies in energy, financial services, manufacturing, consumer packaged goods, and life sciences industries. It works within existing IT systems and security models, and is backed by TIBCO’s global domain expertise and 24×7 customer service. Along with the same capabilities of Spotfire Cloud, Platform allows you to run enterprise-scale statistical models; export or share reporting and analytics in any way you want; share your findings securely with customers, partners, and your organization; and customize security, data connectivity, and automation for your environment.