Leading Independent Research Firm Cites TIBCO Spotfire as a Strong Performer in Enterprise Business Intelligence
TIBCO Spotfire recognized for continuing to lead and share the in-memory analytics market, strength in middleware and application integration
TIBCO Software Inc. (NASDAQ: TIBX) today announced that Forrester Research, Inc. has recognized the TIBCO Spotfire® Analytics Platform as a strong performer in business intelligence (BI) platforms, according to The Forrester Wave™: Enterprise Business Intelligence (BI) Platforms, Q4 2010.1 Forrester cited TIBCO as a strong performer based on the company's market presence, strategy, and current offering.
According to Forrester, "TIBCO Spotfire offers top choices for analytics and even surpasses other Strong Performers in the overall information management arena based on its traditional strength in middleware and application integration." The report states that "[TIBCO Spotfire's] resulting combination of integrated BI, process, rules, workflows, event streams, and advanced analytics, building on TIBCO's traditional strengths in application and data middleware, is hard to beat."
According to the report, "TIBCO Spotfire continues to lead and share the increasingly important in-memory analytics market with [two other vendors]. But whereas [the two other vendors'] in-memory models are limited to what can fit into memory at one time, TIBCO Spotfire offers a unique memory-swapping or paging feature, which lets it analyze models that are larger than a single available memory space."
As the first provider to truly make good on making BI and analytics available to anyone, Spotfire® puts the power of predictive analytics into the hands of any user, with data visualizations they can understand, and a level of interactivity unmatched by traditional business BI. By continuing to advance the industry's most flexible platform for deploying statistically enhanced and predictive analytic applications to a wide range of professionals across the enterprise, Spotfire enables every user in the enterprise to gain more insights from the data they work with every day.
"When analytics are put in the hands of business professionals, it drives competitive advantage and greater predictability for the business," said Lars Bauerle, vice president product strategy for Spotfire, TIBCO Software Inc. "The addition of robust data mining, computational analytics, and predictive analytics to TIBCO Spotfire radically transforms the way business professionals interact with data – whether data at rest or data in motion – allowing them to makes decisions that impact business operations on a moment-to-moment basis."
The comprehensive report evaluated 11 vendors competing in the market today. More information about the report and related research is available at http://www.forrester.com.
TIBCO Software Inc. (NASDAQ: TIBX) is a provider of infrastructure software for companies to use on-premise or as part of cloud computing environments. Whether it's efficient claims or trade processing, cross-selling products based on real-time customer behavior, or averting a crisis before it happens, TIBCO provides companies the two-second advantage™ – the ability to capture the right information, at the right time, and act on it preemptively for a competitive advantage. More than 4,000 customers worldwide rely on TIBCO to manage information, decisions, processes, and applications in real time. Learn more at www.tibco.com.
TIBCO, TIBCO Software, TIBCO Spotfire, and Spotfire 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.