TIBCO Spotfire vs ThoughtSpot comparison

ThoughtSpot and TIBCO are both solutions in the BI (Business Intelligence) Tools category. ThoughtSpot is ranked #19 with an average rating of 7.3, while TIBCO is ranked #16 with an average rating of 8.3. 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.

ThoughtSpot

Read 8 ThoughtSpot reviews

1,855 Views
1,361 Comparison Views

87% willing to recommend

TIBCO Spotfire

Read 69 TIBCO Spotfire reviews

1,482 Views
1,060 Comparison Views

96% willing to recommend

ThoughtSpot

TIBCO Spotfire

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Executive SummaryUpdated on Jan 1, 2025

TIBCO Spotfire and ThoughtSpot are both strong competitors in the data analytics sector. Spotfire shines with its advanced analytics features, while ThoughtSpot is praised for its user-friendly query-based search.

Features: TIBCO Spotfire is notable for its extensive data integration, supporting R and Python, coupled with customization via IronPython and JavaScript. Its in-memory analytics allows handling large datasets efficiently, and it provides real-time stakeholder interaction through dynamic dashboards. ThoughtSpot offers intuitive query-based searches that empower non-technical users, allowing customizable analytics without needing deep expertise, facilitating direct strategic decision-making.

Room for Improvement: TIBCO Spotfire could improve its built-in visualizations and simplify its complex customization process. The learning curve is steep, requiring enhanced training resources, and server administration needs modernization. ThoughtSpot's areas for growth include offering more flexible visual customizations and improving its real-time data handling capabilities to enhance enterprise scalability.

Ease of Deployment and Customer Service: TIBCO Spotfire offers flexible deployment for on-premises and cloud environments but may require significant IT resources. Its customer support is robust but offers mixed reviews. ThoughtSpot easily adapts to private and public cloud environments and is noted for its responsive customer service, despite occasionally slow technical support in complex scenarios.

Pricing and ROI: TIBCO Spotfire's pricing is high, particularly for enterprises; however, it provides long-term ROI for feature-rich organizations. ThoughtSpot is competitively priced, more affordable than Tableau but pricier than Power BI. Its data volume-based pricing model offers flexibility and is appealing to smaller companies seeking adaptable solutions.

To learn more, read our detailed TIBCO Spotfire vs. ThoughtSpot Report (Updated: January 2025).

Buyer's Guide

TIBCO Spotfire vs. ThoughtSpot

January 2025

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Review summaries and opinions

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

Categories and Ranking

ThoughtSpot

Ranking in BI (Business Intelligence) Tools

19th

Average Rating

7.6

Reviews Sentiment

7.0

Number of Reviews

Ranking in other categories

Data Visualization (14th), Embedded BI (8th)

TIBCO Spotfire

Ranking in BI (Business Intelligence) Tools

16th

Average Rating

8.2

Reviews Sentiment

6.9

Number of Reviews

Ranking in other categories

No ranking in other categories

Mindshare comparison

As of January 2025, in the BI (Business Intelligence) Tools category, 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

Anthony Fiorino

SVP, Head of Enterprise Data Mgmt & Data Intelligence at a financial services firm with 5,001-10,000 employees

You can drill down into any data right out of the box, with a straightforward deployment, and great support

The most valuable feature is probably the core functionality itself, which is the ability to search and drill down into any data right out of the box. Of course, there's data modeling needed, and things like that, but I can throw it at a set, and I can get up and running in a matter of hours. If a new group comes to me and says, "Hey, I've heard about ThoughtSpot. I have some data and I want to be able to do some analytics, do some profiling, do some BI against it." In a couple of hours, I connect to their source and I just do it. Now for a production product, we have to model and perform it over time, but at least I can get people up and running extremely fast with a tool that's intuitive and easy to use.

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Mohsin Pathan

Associate Vice President - Solutions, presales & services at Bahwan CyberTek

Flexible, offers a single pane of glass, and is highly customizable

There's one area I see that specifically needs improvement. That is when you do the data loading. It is slow. For historical data, when you talk about gigabytes of data, terabytes of data, then it becomes prolonged. Loading could be improved. That's one part. That is actually there with every tool. I would not say that this is a specific problem with Spotfire. However, it is a problem with all the BI tools. That is one area which can be improved. When you are doing analytics, you see that the value has to come perfect. There was a missing feature of alerting out of the box within Spotfire. However, they have released this in version 12.

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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

"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."

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

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

"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 initial setup was very straightforward."

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

"It is easy to set up the solution."

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

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

"It's scalable."

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

"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."

"R and automation services."

More TIBCO Spotfire pros

Cons

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

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

"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."

"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."

"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."

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

"A customized visualization is lacking in this product."

"When it comes to data manipulation, there are features which are good, but one of the features which has really been missing in Spotfire is an offline ability for data manipulation."

"The initial setup of TIBCO Spotfire is in the middle range of difficulty. The initial setup of Power BI is easier."

"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."

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

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

"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."

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

More TIBCO Spotfire cons

Pricing and Cost Advice

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

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

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

"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."

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

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

"The ROI is nearly impossible to calculate."

More TIBCO Spotfire pricing and cost advice

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Top Industries

By visitors reading reviews

Financial Services Firm

24%

Computer Software Company

11%

Manufacturing Company

10%

Healthcare Company

Manufacturing Company

19%

Financial Services Firm

13%

Computer Software Company

11%

Energy/Utilities Company

10%

Company Size

By reviewers

Large Enterprise

Midsize Enterprise

Small Business

Questions from the Community

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's better for me as I can control pricing a bit more easily.

See all answers

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 load or create our own custom calendar to actually need our fiscal year-end. With o...

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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. While they assisted with the setup, we conducted the POC ourselves.

See all answers

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

Compared to other tools, Spotfire's pricing is competitive, especially with its enterprise licensing.

See all answers

What needs improvement with TIBCO Spotfire?

Spotfire requires better documentation. Unlike competitors like Power BI and Tableau, Spotfire lacks comprehensive metadata dictionaries. This makes it difficult to generate usage metrics, which ar...

See all answers

Comparisons

Microsoft Power BI vs ThoughtSpot

Compared 25% of the time

Tableau vs ThoughtSpot

Compared 23% of the time

Looker vs ThoughtSpot

Compared 11% of the time

Databricks vs ThoughtSpot

Compared 10% of the time

Apache Superset vs ThoughtSpot

Compared 4% of the time

More ThoughtSpot Competitors

Tableau vs TIBCO Spotfire

Compared 17% of the time

Microsoft Power BI vs TIBCO Spotfire

Compared 11% of the time

Databricks vs TIBCO Spotfire

Compared 9% of the time

TIBCO Jaspersoft vs TIBCO Spotfire

Compared 9% of the time

QlikView vs TIBCO Spotfire

Compared 5% of the time

More TIBCO Spotfire Competitors

Product Reports

Buyer's Guide

ThoughtSpot

December 2024

Download ThoughtSpot product report

Buyer's Guide

TIBCO Spotfire

December 2024

Download TIBCO Spotfire product report

Also Known As

No data available

Spotfire

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ThoughtSpot

TIBCO

Overview

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

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

January 2025

Free Report: TIBCO Spotfire vs. ThoughtSpot

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