MicroStrategy vs TIBCO Spotfire comparison

MicroStrategy and TIBCO are both solutions in the BI (Business Intelligence) Tools category. MicroStrategy is ranked #8 with an average rating of 7.5, while TIBCO is ranked #16 with an average rating of 8.4. MicroStrategy holds a 3.5% mindshare in BIT, compared to TIBCO’s 1.1% mindshare. Additionally, 92% of MicroStrategy users are willing to recommend the solution, compared to 96% of TIBCO users who would recommend it.

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Executive Summary

We performed a comparison between MicroStrategy and TIBCO Spotfire based on real PeerSpot user reviews.

Find out in this report how the two BI (Business Intelligence) Tools solutions compare in terms of features, pricing, service and support, easy of deployment, and ROI.

To learn more, read our detailed MicroStrategy vs. TIBCO Spotfire Report (Updated: October 2024).

Buyer's Guide

MicroStrategy vs. TIBCO Spotfire

October 2024

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Categories and Ranking

IBM Cognos

Mindshare comparison

As of November 2024, in the BI (Business Intelligence) Tools category, the mindshare of IBM Cognos is 3.8%, down from 4.4% compared to the previous year. The mindshare of MicroStrategy is 3.5%, down from 3.6% compared to the previous year. The mindshare of TIBCO Spotfire is 1.1%, down from 1.3% compared to the previous year. It is calculated based on PeerSpot user engagement data.

BI (Business Intelligence) Tools

Featured Reviews

Carlos Larrad Salgado

Deputy Director Operations Management Control at Mapfre

Jul 27, 2022

Improved the quality of our KPIs, while reducing calls to the IT department

I don't like that when we use Colab packages, we get less functionality. For example, you can make groups of data with Excel or with the data sets from the packages, but when you use the Colab packages directly, you can only group the data when you analyze it with Analysis Studio. I think Cognos needs to improve more on this functionality. The user experience is also very important. Cognos is not very easy to understand sometimes, especially when they change the layout but keep the functionality the same. The help is not very graphic and they have no examples. Cognos has to make a big effort to help with understanding the functionality by improving the documentation. There is a lot of documentation, but the examples are hard to find and they should make their help section easier to understand for non-technical users.

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Pietro Saglietti

Management Consultant at STG

Sep 26, 2023

A robust solution for powerful data analytics

I use its Discovery Analytics feature, particularly in the context of KPI analysis for management It plays a vital role in establishing a connection with predictive continuous improvement. This approach proves highly valuable for teams involved in continuous improvement efforts, especially in…

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Fuad Mammadli

Deputy Chief Financial Officer at Unibank

Nov 8, 2023

A scalable tool to create dashboards for financial reporting

I use TIBCO Spotfire in my company for finance-related purposes. Basically, we use TIBCO Spotfire to create dashboards for financial reporting, and with the dashboard, we manage data mining and similar kinds of activities in our company The way TIBCO Spotfire is designed, in my opinion, is the…

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Quotes from Members

We asked business professionals to review the solutions they use. Here are some excerpts of what they said:

Pros

"Mapbox integration for geospatial analytics down to longitude/latitude layers."

"It has a very powerful edit feature which allows users to back out of changes (undo) without forcing them to recreate entire reports."

"It's enabled us to report directly from our main application systems. We're removing islands of data and we're removing inefficiencies, where people or small divisions had their own store of information."

"We are able to generate quality reports easily which allows us to decrease response time."

"The comprehensiveness or broadness of the software functions or business intelligence functions that it provides is valuable. It is also quite easy to use and user-friendly."

"IBM Cognos improves the effectiveness of the sales team."

"For planning, forecasting, in-boxing, modeling in general and for predicting numbers and doing work analysis, they are excellent."

"We use the account statement report. When you use an account in HSBC, you receive various types of accounts, such as the stock market, fixed accounts, credit cards, and business accounts. We can create one consolidated report called CCS support, which includes all these accounts. In that statement, we are consolidating all those accounts."

More IBM Cognos pros

"We are using it for operations analysis and sales data analysis."

"Visual Insight gives you the capability of doing self-service analytics. This has been the most powerful and valuable feature."

"The most valuable features of MicroStrategy are user-friendliness and integration with the different data warehouse systems."

"I really like the visualizations. I like how you can put large data sets in there, then the user can quickly go through the data and drill down at various levels to understand things."

"It's user-friendly, also the MTDI cube is a very good approach, as it helps you to use the pre-format instead of using the standard objects from the schema of MicroStrategy."

"The solution is ideal for enterprise-level companies or corporations."

"I like that they're trying to incorporate Developer into Workstation and Desktop into Workstation, so you get the all-in-one encompassing, highly technical Developer Workstation where you can do the VI, you can do the Dossier."

"It is a great tool and has the best offerings for doing data analysis."

More MicroStrategy pros

"The ability to connect to many different data sources is one of the key features. The other would then be the different ways in which that data can be visualized."

"We particularly like the data angling feature of this solution. This gives us the ability to work on data transformations, join files, and carry out other data preparation tasks all in a single tool."

"TIBCO Spotfire is easy to use. We initiated Spotfire as POC, with support from a tech team based in South Africa. While they assisted with the setup, we conducted the POC ourselves."

"The most valuable features of TIBCO Spotfire are visualization. It's very nice, clear, and, flexible. You can analyze many data types and the user interface is very good."

"One of the main features is integrated statistical analysis."

"The flexibility, data preparation, and data wrangling abilities of the platform are exceptional."

"The two features that I have found most valuable are its ability to customize the dashboards when it comes to the evaluation. The second feature is its ability to handle a large amount of data, which is also something very unique about it."

"R and automation services."

More TIBCO Spotfire pros

Cons

"Extending dynamic cubes aggregate awareness with calculated measures."

"They should provide improved visual reporting."

"The charts and graphics are weak."

"There are a lot of limitations with the out-of-the-box tool."

"IBM Support can be slow at times, but they can usually deliver in a timely manner."

"Most of our company's customers want to be able to deploy IBM Cognos on a web application and use it as a desktop application, which is not possible currently."

"Need improvement towards Visualization."

"Cognos charts are not as fast as those of the other tools, even with DQM (dynamic query mode)."

More IBM Cognos cons

"There is room for improvement on the graphs."

"We're starting to open it up to more and more people to give them the ability and start looking at these things themselves, but it's not the most intuitive system, Enterprise Manager that is, so it's tough. We're trying to bridge the gap between usability and who we let in the system, because you're not going to come in and just pick it up."

"There are a lot of offerings, and we are not fully using everything to its advantage."

"The learning curve is quite steep."

"They need to improve on having more professional, well-equipped premium support."

"I would like to see more Writeback capabilities that would allow our IT department not to be worried about the wild, Wild West of Writeback."

"We would like access to more storage and access to more metadata to build the right programs that can construct all the stuff for us instead of us having to type it in all the time."

"The web developer tool for documents creation does not have all the features of the client version"

More MicroStrategy cons

"Compared to competitors, the UI is quite dated."

"The number of charts available out of the box in Spotfire can be enhanced."

"The way TIBCO Spotfire is designed, in my opinion, is the reason why it lags a bit, especially compared to other BI tools like Qlik."

"The solution might be generic."

"The initial setup is complicated and needs experience and knowledge."

"I would like to see the visualization library in this solution expanded, so that I can increase what I can offer to our clients."

"We encountered difficulties connecting the special data sets, as the post data set did not contain any shared columns, making it difficult to establish a connection between the data sets."

"We would like to see some development in the visualization aspect of this solution, as they can currently only be configured in the cloud, which limits us to one endpoint. It would be helpful if this could be integrated with other tools."

More TIBCO Spotfire cons

Pricing and Cost Advice

"It is averagely priced."

"IBM Cognos is priced reasonable. However, it is more expensive than Power BI and Tableau."

"The pricing and licensing policies are comparatively cheaper than other products in the market ."

"It is quite pricy. I think Microsoft BI is cheaper. Tableau might also be cheaper, but it also depends on the usage. If you have very many users, Cognos can be a problem. It could be cheaper than Tableau but not for so many users. If you have a few thousand users, Tableau, which is generally quite expensive, can be cheaper than Cognos."

"IBM Cognos price is on the higher side of the spectrum. However, with the features that it brings, such as correlation analysis, it's worth the money. They should look at the pricing more clearly because it's a little on the higher side."

"IBM Cognos offers competitive pricing similar to other BI vendors in the market."

"It is pretty expensive."

"There is a standard license required to use this solution. There are some additional tools but I am not sure if they are an extra cost."

More IBM Cognos pricing and cost advice

"The solution’s licensing cost is expensive."

"They can improve its licensing. It is a bit expensive as compared to Microsoft and other tools."

"They need to work on their license structure. They are not competitive against somebody like SAP BusinessObjects. We had a quote that was almost a third the price, coming from SAP BusinessObjects, and it's not a better platform. It's not cheaper. They do concurrent user licensing, while MicroStrategy does named user licensing, and that was literally the only difference. But it made a $500,000 difference. They've got to do something to make themselves more competitive. Maybe it's assessing your business users and what you really expect them to use, and maybe giving a reduced price on that. But they are already giving us a 60% discount and they were still a million or so above, over a three-year time period. That doesn't account for synergies as we get from on-site resources that are already available, but I thought that that was a big, big deficit for them."

"Now, the price is high."

"All BI software vendors' list prices are high. It's about a price that fits the customer's needs. And I think MicroStrategy has some flexibility in its pricing model where we can easily demonstrate a total cost of ownership comparison against any of the other players."

"They made a change in the licensing module some time ago and we can now use all the enterprise tools for free."

"The solution is scalable. A little expensive perhaps, but it is scalable."

"For larger businesses, the pricing is logical."

More MicroStrategy pricing and cost advice

"The cost of TIBCO Spotfire could improve. It should be less expensive. It's the most expensive visualization tool in our company."

"The cost is a few hundred dollars per user per year."

"In comparison to other solutions such as IBM Cognos, TIBCO Spotfire is more affordable."

"The price-point for this solution is negotiable depending on usage levels."

"The solution is affordable one."

"I would describe TIBCO Spotfire as an averagely-priced product."

"The pricing seems competitive and reasonable. The value delivered by the product far exceeds the cost."

"This product carries a monthly licensing charge, with the amount depending on the features that are to be included. This costs also covers the use of technical support."

More TIBCO Spotfire pricing and cost advice

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Comparison Review

it_user6330

Product Manager at a retailer with 10,001+ employees

May 2, 2013

MicroStrategy vs. Tableau

After a recent presentation, several attendees asked me about the applications of Visual Insights and Tableau. Many companies are investing in both tools and are trying to figure out the right tool for specific applications Tableau has found its sweet-spot as an agile discovery tool that analysts…

Read full review

Top Industries

By visitors reading reviews

Educational Organization

57%

Financial Services Firm

Computer Software Company

Government

Financial Services Firm

18%

Computer Software Company

10%

Retailer

Insurance Company

Manufacturing Company

18%

Financial Services Firm

12%

Energy/Utilities Company

11%

Computer Software Company

11%

Company Size

By reviewers

Large Enterprise

Midsize Enterprise

Small Business

Questions from the Community

Seeking lightweight open source BI software

It depends on the Data architecture and the complexity of your requirement. Some great tools in the market are Qlik ...

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What do you like most about IBM Cognos?

The solution's most valuable feature is its ease of use, which makes it easily compatible with other tools.

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What needs improvement with IBM Cognos?

I need improvements, particularly with the Framework Manager, which has an outdated user interface from older version...

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What do you like most about MicroStrategy?

The stability of the product is good.

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What is your experience regarding pricing and costs for MicroStrategy?

For larger businesses, I think the pricing is logical, but for smaller companies, it can be a bit costly.

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What needs improvement with MicroStrategy?

There is room for improvement in data visualization. Compared to other BI tools like Power BI, MicroStrategy is stron...

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What do you like most about TIBCO Spotfire?

TIBCO Spotfire is easy to use. We initiated Spotfire as POC, with support from a tech team based in South Africa. Whi...

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What is your experience regarding pricing and costs for TIBCO Spotfire?

Spotfire is a bit costly in terms of money, but it is value for money if you are installing it and working with it. C...

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What needs improvement with TIBCO Spotfire?

The hierarchies or the maps to some extent may need some modifications. The layered features within Spotfire can make...

See all answers

Comparisons

Microsoft Power BI vs IBM Cognos

Compared 13% of the time

Oracle Hyperion vs IBM Cognos

Compared 10% of the time

Tableau vs IBM Cognos

Compared 10% of the time

Amazon QuickSight vs IBM Cognos

Compared 8% of the time

Oracle OBIEE vs IBM Cognos

Compared 3% of the time

More IBM Cognos Competitors

Tableau vs MicroStrategy

Compared 23% of the time

Microsoft Power BI vs MicroStrategy

Compared 20% of the time

SAP BusinessObjects Business Intelligence Platform vs MicroStrategy

Compared 7% of the time

Amazon QuickSight vs MicroStrategy

Compared 7% of the time

More MicroStrategy Competitors

Tableau vs TIBCO Spotfire

Compared 19% of the time

Microsoft Power BI vs TIBCO Spotfire

Compared 12% of the time

TIBCO Jaspersoft vs TIBCO Spotfire

Compared 9% of the time

Databricks vs TIBCO Spotfire

Compared 9% of the time

Oracle OBIEE vs TIBCO Spotfire

Compared 2% of the time

More TIBCO Spotfire Competitors

Product Reports

Buyer's Guide

IBM Cognos

October 2024

Download IBM Cognos product report

Buyer's Guide

MicroStrategy

October 2024

Download MicroStrategy product report

Buyer's Guide

TIBCO Spotfire

October 2024

Download TIBCO Spotfire product report

Also Known As

Cognos, Cognos Analytics, IBM Cognos Analytics

No data available

Spotfire

Learn More

IBM

MicroStrategy

TIBCO

Overview

IBM Cognos Business Intelligence provides a wide range of tools to help you analyze your organization's data. IBM Cognos BI allows businesses to monitor events and metrics, create and view business reports, and analyze data to help them make effective business decisions.

IBM Cognos applies techniques to describe, summarize, and compare data, and draw conclusions. This allows users to see trends and discover anomalies or variances that may not be evident by simply reading data. Data sources that contain information from different areas of a business can be stored in separate packages. Users can see only information that they have been granted access to, based on their group or role.

IBM Cognos BI consolidates the following business intelligence functions into a single web-based solution:

IBM Cognos Insight: Create personal and managed workspaces for data analysis. Using these interactive workspaces, you can share insight results with managers. Cognos Insight supports write-back, and you can also use these workspaces to capture and integrate management goals, commitments, and forecasts.
IBM Cognos Workspace: With IBM Cognos Workspace, you can create rich, interactive workspaces using IBM Cognos content as well as data from external sources. You can view and open your favorite workspaces and reports, edit content in your workspaces, and share your workspaces via email.
IBM Cognos Analytics: IBM Cognos Analytics utilizes built-in AI and intuitive searches which helps users to quickly create the visualizations and a wide range of reports. Cognos Analytics provides cognitive and managed self-service, enabling you to gain insights from controlled and trusted data.
IBM Cognos Report Studio and IBM Cognos Query Studio: Easily create structured and query reports. IBM Cognos allows users to create application and report templates. In addition, report authors can reuse report objects to apply filters, fields, and styles to reports. Users can set the language of the user interface and report content according to the user's native language.
IBM Cognos Event Studio: Receive notifications of events that occur within your organization in real time. Event Studio enables the creation of agents that detect the occurrence of business events, failures, or anomalies, based on the change of specific events or data conditions. Notification can be sent via email, publication in the portal, or by triggering reports.
IBM Cognos Connection: This is the Web portal for IBM Cognos BI and is the central area for accessing all the IBM Cognos functions. In the web portal, users can schedule and distribute reports, create tasks, administer the server and the access permissions, and more.

Reviews from Real Users

IBM Cognos stands out among its competitors for a number of reasons. Two major ones are its powerful analysis tool and its reporting capabilities.

Prasad B., a senior software engineer at a financial services firm, notes, “The product is a very good reporting tool and is very flexible. It allows for the users to get a scheduled report. We can receive automated reports as well. They are easy to schedule on a weekly or monthly basis. It is very fast. I mean in means of report output, it's very fast compared to the actual clients involved.”

Company: Founded in 1989, MicroStrategy (Nasdaq: MSTR) is a leading worldwide provider of enterprise software platforms. With direct operations in 26 countries worldwide and approximately 2,000 employees, our mission is to provide enterprise analytics, mobility, and security platforms that are flexible, powerful, scalable and user-friendly. To learn more, visit MicroStrategy online, and follow us on Facebook and Twitter.

Product portfoilio:

MicroStrategy 10 Secure Enterprise™ empowers leading organizations to analyze vast amounts of data and distribute actionable business insight throughout an enterprise through two distinct offerings: MicroStrategy Analytics™ and MicroStrategy Desktop™. MicroStrategy Analytics delivers reports and dashboards, and enables users to conduct ad hoc analysis and share insights anywhere, anytime, via mobile devices or the Web. It also combines the agility and productivity of self-service visual data discovery with the security, scalability, and governance features of enterprise-grade business intelligence. MicroStrategy Desktop is a standalone, on-premise visual data discovery tool designed to enable business users to analyze and understand their data. MicroStrategy Mobile™ enables organizations to rapidly build custom business applications that deliver analytics combined with transactions, multimedia, and custom workflows to mobile devices. MicroStrategy Secure Cloud™ combines all of the enterprise analytics, mobile, and security features in MicroStrategy 10 Secure Enterprise with powerful and scalable data integration, validation, and warehousing services — all delivered in an environment where organizations can deploy transformational analytics applications in minutes.

Usher, MicroStrategy’s breakthrough security solution, is a powerful mobile security platform designed to dematerialize traditional forms of identity verification (such as passwords, tokens, and physical badges) and replace them with a single mobile identity badge that is cryptographically linked to its owner’s smartphone and dynamically linked to an enterprise’s existing identity repositories. Usher works on standard Android and iOS smartphones, and also boasts an Apple Watch™ integration.

TIBCO Spotfire is a versatile data analytics platform that can handle large datasets and be deployed on-premise or in the cloud. Its dynamic reporting, easy creation of dynamic dashboards, and highly customizable tool make it a valuable asset for process data analysis, industrial performance dashboards, problem root cause analysis, business intelligence, and real-time analytics for IoT devices in the energy sector.

The solution also offers data science functions, map visuals, R and Python integration, and the ability to write HTML and JavaScript text areas. Spotfire has helped organizations deliver projects more efficiently and cost-effectively, allowing for faster data analysis.

Sample Customers

More than 23,000 leading organizations across multiple industries use Cognos. Some examples of Cognos customers include BMW Financial Services, Quinte Health Care, Troy Corporation, Michigan State University, and GKN Land System.

Allstate Insurance, Barneys New York, Boston Children's Hospital, Buenos Aires Department of the Treasury, Campbell Soup Company, DHL, eBay, eHarmony, Facebook, Four Seasons Hotels Inc., Godiva, Hard Rock International, LinkedIn, Netflix, Pfizer, SECO (Swiss Government Unemployment Agency), Starbucks, Texas A&M University, Thomson Reuters Markets, US House of Representatives, and the US Postal Service.

Allergan, ASSS de Montreal, Avantium, Blue River, Bank of Montreal, Citibank, FrieslandCampina, Hellmann Logistics, Merck, Novartis

Buyer's Guide

MicroStrategy vs. TIBCO Spotfire

October 2024

Free Report: MicroStrategy vs. TIBCO Spotfire

Find out what your peers are saying about MicroStrategy vs. TIBCO Spotfire and other solutions. Updated: October 2024.

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