TIBCO Spotfire vs ThoughtSpot comparison

ThoughtSpot and TIBCO are both solutions in the BI (Business Intelligence) Tools category. ThoughtSpot is ranked #17 with an average rating of 7.4, while TIBCO is ranked #16 with an average rating of 8.4. ThoughtSpot holds a 1.5% mindshare in BIT, compared to TIBCO’s 1.1% mindshare. Additionally, 87% of ThoughtSpot 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 ThoughtSpot 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 TIBCO Spotfire vs. ThoughtSpot Report (Updated: December 2024).

Buyer's Guide

TIBCO Spotfire vs. ThoughtSpot

December 2024

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Categories and Ranking

IBM Cognos

Mindshare comparison

As of December 2024, in the BI (Business Intelligence) Tools category, the mindshare of IBM Cognos is 3.8%, down from 4.3% compared to the previous year. The mindshare of ThoughtSpot is 1.5%, up from 1.4% compared to the previous year. The mindshare of TIBCO Spotfire is 1.1%, down from 1.2% 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

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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Avirat Gaikwad

Senior Consultant at Slalom

It's great not having to write SQL queries but they lack custom visualization functionalities

The majority of issues we have are similar to those every visualization tool faces in the initial phase. Something like a customized visualization, which a lot of companies build for Power BI or Tableau isn't available in ThoughtSpot, or there are minimal options. That's something that I'd like to see in the next release. ThoughtSpot is essentially a query-based search engine where you can type your query and get the answer. If you don't have your data prepared well, your user won't understand what this search engine is for, or they won't get the right answer. So, it doesn't have that powerful query. We usually create models in DBT and then get that into ThoughtSpot as a worksheet.

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Rajesh Nai

Senior Associate at Cognizant

A robust BI tool, with good dashboard features and adverse event tracking

We would like to see some improvement in the default properties of the solution, so that there is less need for us to spend our time coding. We would also appreciate proper API and a proper training solution to be developed for this product so that we can quickly implement changes.

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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

"It is a stable product."

"Security administration tools are powerful and flexible."

"The Report Studio that is aimed at professional report writers."

"Report Studio: This is the most powerful and sophisticated tool for professional reporting."

"IBM Cognos offers tools so that you can design and develop your own test queries and reporting solutions."

"The most valuable feature is developing reports from different data sources, making it a reliable data source."

"Previously, we were doing static reporting. Management would request a report, and it would take staff a week or more to provide it. With Cognos, we have dynamic reporting, and it has reduced both reporting and decision making times significantly. With the solution's dashboard, the company's management team has updated records at their fingertips. This means that they can directly access the data they need to make decisions."

"When it comes to decision-making, the product is very useful and used in many departments since a lot of people prefer the reports to be generated by IBM Cognos."

More IBM Cognos pros

"ThoughtSpot takes the modifying of existing reports out of our hands."

"The ability to do ad hoc explorations of data has been most valuable."

"It is easy to set up the solution."

"It's easy to drill down or expand data to get more details right out of the box."

"The initial setup was very straightforward."

"I would say the return on investment is good. Whatever we invested, we got results. We have been finding it easy to use and onboard new use cases."

"The scalability is good."

"I like ThoughtSpot's search capabilities. You can also create custom analytics even if you aren't an experienced data analyst. We have users with no data analytics experience making some of the dashboards we've created, copying components, and customizing them to their specific use cases."

"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."

"Data discovery is very simple."

"Spotfire is excellent for scientific applications, especially because of its integration with RNG."

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

"The product's initial setup phase was simple."

"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."

"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."

"The solution is an affordable one."

More TIBCO Spotfire pros

Cons

"I think the GIS pieces maybe not as good as we would like."

"It would be nice to offer free online training on the tool for end-users."

"We would like to see development of the product's UI function, to make it more of a UI tool that can be configured as required."

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

"I would like them to reinclude PowerPlay. One thing that I am missing in the current Cognos is what was formally named PowerPlay. They have basically removed PowerPlay from it, which is something that I fail to understand because it was the most wonderful tool for business intelligence that I've ever used. As far as I know, they don't provide this functionality anymore, so this is one thing that I dislike about Cognos."

"Extending dynamic cubes aggregate awareness with calculated measures."

"The visualization aspect needs to be improved and I believe, this is being resolved in upcoming versions."

"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."

More IBM Cognos cons

"In terms of features, I'd like to be able to pivot data - for example, going from rows to columns. It's not easy to do."

"The most difficult thing I found is that it only deals with the files and does not have direct connectivity to databases."

"The dashboards could give you more ability to fine tune the appearance. You get a great deal more control over how something looks in Power BI than you do in ThoughtSpot."

"I would like to see more flexibility in adding the pins. Currently, we have four different sizes in which I can add pins, but I would like to be able to resize my pins."

"A customized visualization is lacking in this product."

"The one area of the solution that I do hear needs improvement is on the visualization front."

"If I want to order columns, this feature is not there."

"ThoughtSpot is a fairly new product, so some usability aspects aren't as mature as we'd like them to be. One example is their organizational methodology, like how objects are organized in their dashboards inside the product. They're all on a flat list, which works if you've got five or 10 dashboards. However, it's insufficient when you're a large enterprise with multiple groups looking at the same dashboards. It isn't organized well."

"The handling and consumption of realtime data could be improved."

"The initial setup can be difficult."

"When you do the data loading, it is slow."

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

"The solution might be generic."

"The data compression has room for improvement."

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

"One aspect where Spotfire could improve is its global recognition, especially in terms of support."

More TIBCO Spotfire cons

Pricing and Cost Advice

"The cost of IBM Cognos it's more or less the same as most of the other solutions on the market. They're very competitive with the rest of the market and it is not the most expensive product."

"The pricing of this product is meant for medium to large-scale enterprises."

"On a scale from one to ten where one is low pricing and ten is high pricing, I would rate this solution at eight."

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

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

"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."

"It is pretty expensive."

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

More IBM Cognos pricing and cost advice

"I give the pricing a six out of ten."

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

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

"The solution is affordable one."

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

"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 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

55%

Financial Services Firm

Computer Software Company

Government

Financial Services Firm

24%

Computer Software Company

11%

Manufacturing Company

10%

Healthcare 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

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.

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 ThoughtSpot?

It's easy to drill down or expand data to get more details right out of the box.

See all answers

What is your experience regarding pricing and costs for ThoughtSpot?

I like the pricing structure. I get billed by how much data I put in, not how many people are looking at the data. It...

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What needs improvement with ThoughtSpot?

We'd like more flexibility with the calendar as our fiscal year does not align with the calendar year. We have to loa...

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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...

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

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 ThoughtSpot

Compared 26% of the time

Microsoft Power BI vs ThoughtSpot

Compared 25% of the time

Looker vs ThoughtSpot

Compared 12% of the time

Databricks vs ThoughtSpot

Compared 9% of the time

Apache Superset vs ThoughtSpot

Compared 5% of the time

More ThoughtSpot Competitors

Tableau vs TIBCO Spotfire

Compared 18% 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

Plotly vs TIBCO Spotfire

Compared 4% of the time

More TIBCO Spotfire Competitors

Product Reports

Buyer's Guide

IBM Cognos

December 2024

Download IBM Cognos product report

Buyer's Guide

ThoughtSpot

November 2024

Download ThoughtSpot product report

Buyer's Guide

TIBCO Spotfire

November 2024

Download TIBCO Spotfire product report

Also Known As

Cognos, Cognos Analytics, IBM Cognos Analytics

No data available

Spotfire

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IBM

ThoughtSpot

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.”

ThoughtSpot is a powerful business intelligence tool that allows easy searching and drilling into data. Its ad hoc exploration and query-based search features are highly valued, and it is easy to set up, stable, and scalable.

The solution is used for reporting purposes, self-service BI, and embedding into other applications for customers to do self-service analytics. It helps businesses with metrics, KPIs, and important insights by sourcing data from various sources into one golden source and visualizing it in an easy way for the business to consume. The pricing model is ideal, charging for data rather than the number of users.

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.

Primary Capital Mortgage, Sterling Backcheck, RichRelevance, Rambus, Batteries Plus Bulbs

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

Buyer's Guide

TIBCO Spotfire vs. ThoughtSpot

December 2024

Free Report: TIBCO Spotfire vs. ThoughtSpot

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

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