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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To learn more, read our detailed Reporting Report (Updated: October 2024).

Buyer's Guide

Reporting

October 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

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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VenkateshJuloori

Founder & CEO at Ira

Feb 9, 2024

A flexible tool that offers an open-source version

My company builds products. With the help of Plotly, the dashboards and reports my company builds are used by our clients. My company uses Plotly to present our data to clients so that they can understand and improve their performance. My company uses Plotly as it is a very light and flexible tool…

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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

"Using custom controls, it is possible to extend the application with even more functionality and make the application intuitive and attractive."

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

"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."

"The tool can join data from different sources, write back to databases, generate alerts, and be customized to our preferences. It's an enterprise BI tool that's more powerful than just visualization tools like Power BI or Tableau."

"It is a stable product."

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

"One of the strong suits of Cognos is its robust corporate reporting capability."

"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."

More IBM Cognos pros

"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."

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

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

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

"It's scalable."

"I appreciate Spotfire's range of visualization options, advanced analytics features, and seamless integration with other TIBCO products."

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

"We used it pretty heavily in gathering data, which goes to our VPs. They are able to base their next revenue planning based on this metric. So, it has been invaluable."

"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."

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

"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."

More TIBCO Spotfire pros

Cons

"This product could use improvement in terms of usability for those with less technical know how."

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

"The solution seems to slow down the servers."

"I need improvements, particularly with the Framework Manager, which has an outdated user interface from older versions like IBM Cognos 10 or 8. Additionally, the Event Studio, which offered great flexibility in previous versions, is no longer available in IBM Cognos Analytics 12. These are areas that could be improved to enhance the product."

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

"The AI-based features could be further enhanced by the solution."

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

More IBM Cognos cons

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

"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 data compression has room for improvement."

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

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

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

"The initial setup can be difficult."

"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."

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

More TIBCO Spotfire cons

Pricing and Cost Advice

"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."

"There is some additional licensing that we needed to purchase because we were touching data outside of our core data platform. The cost was approximately $25,000 for the additional licenses, which were approximate 45 licenses. For the application itself, updates, and the core platform it was approximately $50,000. Giving a total cost of $75,000 annually for our usage of IBM 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."

"Pricing should be improved."

"My company uses IBM Cognos with another IBM product, so I think only one license is used."

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

"It is pretty expensive."

"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."

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."

"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 ROI is nearly impossible to calculate."

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

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

"The solution is affordable one."

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

More TIBCO Spotfire pricing and cost advice

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Top Industries

By visitors reading reviews

Educational Organization

57%

Financial Services Firm

Computer Software Company

Government

Financial Services Firm

20%

Manufacturing Company

13%

University

Computer Software 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

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 ...

See all answers

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.

See all answers

What needs improvement with IBM Cognos?

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

See all answers

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...

See all answers

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

SAP BusinessObjects Business Intelligence Platform vs IBM Cognos

Compared 6% of the time

More IBM Cognos Competitors

Tableau vs Plotly

Compared 44% of the time

Microsoft Power BI vs Plotly

Compared 42% of the time

More Plotly 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

SQL Server vs TIBCO Spotfire

Compared 4% of the time

More TIBCO Spotfire Competitors

Product Reports

Buyer's Guide

IBM Cognos

October 2024

Download IBM Cognos product report

Buyer's Guide

Reporting

October 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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