Plotly vs TIBCO Spotfire comparison

The compared Plotly and TIBCO solutions aren't in the same category. Plotly is ranked #18 in RT , with an average rating of 7.7, and holds a 1.1% mindshare in the category. TIBCO is ranked #16 in BIT , with an average rating of 8.4, and holds a 1.1% mindshare. Additionally, 100% of Plotly 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 Plotly and TIBCO Spotfire based on real PeerSpot user reviews.

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Buyer's Guide

Reporting

November 2024

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Categories and Ranking

IBM Cognos

Mindshare comparison

Reporting

BI (Business Intelligence) Tools

Featured Reviews

Carlos Larrad Salgado

Deputy Director Operations Management Control at Mapfre

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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VenkateshJuloori

Founder & CEO at Ira

A flexible tool that offers an open-source version

It is a scalable solution. Scalability-wise, I rate the solution a nine to ten out of ten. In my company, there are around five resources that use the product. My company's clients use the product a lot on a daily basis. I use the product twice a week in my company before I get any call from our clients.

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Fuad Mammadli

Deputy Chief Financial Officer at Unibank

A scalable tool to create dashboards for financial reporting

I have experience with Qlik. Our company moved from Qlik to TIBCO, as the latter provided us with easier options to make dashboards. We consider TIBCO to be better for our company in some of the areas related to automation and analytics. The data monitoring team in our company prefers TIBCO.

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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

"This solution allows you to input a wide range of file formats."

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

"Cognos is the best application with dashboards,batch reporting, jobs, events and ad-hoc reporting for business users."

"We use IBM Cognos for enterprise analytics and reporting."

"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."

"I have worked on the features like dashboards and stories, and I do like them a lot."

"Even while a user is using a cube for reporting, there will not be a situation as ' Cube file locked; unable to build or deploy'."

"Cognos' most valuable features are the bundled studios, simple UI, and advanced features like the ability to create data modules."

More IBM Cognos pros

"It is a scalable solution. Scalability-wise, I rate the solution a nine to ten out of ten."

"The level of interactivity that the product provides is valuable to me."

"When reviewing and interpreting data, I typically examine it in a tabular form to understand its structure. However, when explaining or presenting the findings to others, I often use visualization tools such as Plotly. These tools allow me to create visual representations of datasets."

"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."

"The ability to create a real-time data mark, using just one piece of software, is the best feature of this product."

"Live Query data on demand, R and Python integration, and the ability to write HTML and JavaScript text areas are all valuable features."

"The solution is an affordable one."

"It allows users to quickly analyze data from a variety of sources and visualize it with powerful, interactive graphs, and charts."

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

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

"Data discovery is very simple."

More TIBCO Spotfire pros

Cons

"The solution's support could be better."

"The performance is a bottleneck and something that can be improved."

"Extending features on dashboards so it becomes a real dashboard building application, not only a data exploration tool."

"Data modeling needs to be improved. We use the ETL process, and when we get errors, we then need to identify which structural change is required. The error messaging should be better. They should be descriptive rather than semantic."

"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."

"Need improvement towards Visualization."

"Chart quality: many other competitors have charts and graphics that look much better and that provide dynamic effects. Cognos doesn't."

"The charts and graphics are weak."

More IBM Cognos cons

"I believe that the prices of the tool's paid services could be on the premium side, so the pricing model can be considered for improvement."

"The tool needs to improve its pie charts. Regarding Plotly, I find the online documentation somewhat challenging to navigate, especially when dealing with many parameters. Searching through thousands of parameters can be a tedious and less straightforward process. While the documentation is available online and serves its purpose, I often encounter difficulties in finding the information."

"The solution cannot be deployed on the website and shared with others through its own platform."

"The layered features within Spotfire can make it a bit complicated sometimes as compared to Power BI."

"Print capability and trigger-based events."

"We would like an easier way to get the product to the cloud. Right now, we have the on-premise version, and we would like to find a way to make it easier to migrate it over to the cloud."

"The data compression has room for improvement."

"The solution might be generic."

"I would like more easy-to-implement analytical algorithms. At the moment they include things like forecasts and regressions. They need to add a lot more of these types of things to the product because not everyone is a data scientist."

"Personalising Spotfire, as a whole, is painful and is something that could be made easier."

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

More TIBCO Spotfire cons

Pricing and Cost Advice

"The solution is affordable."

"Cognos is super expensive compared to Tableau ($70/month) and Power BI ($20/month) — I think Cognos is roughly $200 a month."

"I rate the product price as four or five on a scale from one to ten, where one is a low price, and ten is a high price."

"There is need to assess the purchase license accordingly so as to avoid audit penalties."

"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."

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

"The licensing costs are a little bit higher for IBM Cognos. I don't think there is any additional cost apart from the licensing charges."

"It is pretty expensive."

More IBM Cognos pricing and cost advice

"I only use the free tier of the product."

"It is an open-source tool. My company hasn't explored Plotly's premium services yet, but I believe the prices could be on the premium side."

"The Tibco sales teams have been very difficult to work with - ignoring requests, misrepresenting level of demand, etc."

"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."

"The ROI is nearly impossible to calculate."

"The solution is affordable one."

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

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

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

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

More TIBCO Spotfire pricing and cost advice

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Top Industries

By visitors reading reviews

Educational Organization

56%

Financial Services Firm

Computer Software Company

Government

Financial Services Firm

20%

Manufacturing Company

14%

University

Insurance Company

Manufacturing Company

18%

Financial Services Firm

13%

Energy/Utilities Company

11%

Computer Software Company

11%

Company Size

By reviewers

Large Enterprise

Midsize Enterprise

Small Business

No data available

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 Plotly?

It is a scalable solution. Scalability-wise, I rate the solution a nine to ten out of ten.

See all answers

What is your experience regarding pricing and costs for Plotly?

It is an open-source tool. My company hasn't explored Plotly's premium services yet, but I believe the prices are on ...

See all answers

What needs improvement with Plotly?

I believe that the price of the tool's paid services is on the premium side, so the pricing model can be considered f...

See all answers

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

Tableau vs IBM Cognos

Compared 10% of the time

Oracle Hyperion vs IBM Cognos

Compared 10% of the time

Amazon QuickSight vs IBM Cognos

Compared 8% of the time

SAP BusinessObjects Business Intelligence Platform vs IBM Cognos

Compared 7% of the time

More IBM Cognos Competitors

Tableau vs Plotly

Compared 43% of the time

Microsoft Power BI vs Plotly

Compared 43% of the time

More Plotly Competitors

Tableau vs TIBCO Spotfire

Compared 18% of the time

Microsoft Power BI vs TIBCO Spotfire

Compared 11% of the time

TIBCO Jaspersoft vs TIBCO Spotfire

Compared 9% of the time

Databricks vs TIBCO Spotfire

Compared 9% of the time

SQL Server vs TIBCO Spotfire

Compared 4% of the time

More TIBCO Spotfire Competitors

Product Reports

Buyer's Guide

IBM Cognos

November 2024

Download IBM Cognos product report

Buyer's Guide

Reporting

November 2024

Download Plotly 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

Plotly

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.”

Plotly creates leading open source tools for composing, editing, and sharing interactive data visualization via the Web.

Our collaboration servers (available in cloud or on premises) allow data scientists to showcase their work, make graphs without coding, and collaborate with business analysts, designers, executives, and clients.

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.

Google, Goji, VIT, Smpl Bio, U.S. Air Force, C12 Energy, New York University

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

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