Power BI vs Tibco Spotfire: Software Comparison 2022

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Tibco Spotfire and Microsoft Power BI are two of the leading business intelligence and data analytics platforms on the market.

Both data platforms are in high demand as businesses need to make major use of data analytics to gain competitive advantage. Virtually every business division – across all industry sectors – depends on data and therefore relies heavily on data tools such as Tibco Spotfire and Microsoft Power BI.

As two popular analytics platforms, users are often forced to choose between Power BI and Spotfire. There are strong arguments in favor of both data platforms. But which platform is best for your business?

See also: Best data analysis tools

Tibco Spotfire vs Power BI: Key Features Comparison

Microsoft encompasses a large number of platforms and associated applications. Thus, Power BI offers a diverse set of features that go far beyond BI and analytics. Integration with Microsoft Office, Office 365, Teams, Azure and SharePoint is a major selling point. Specific to analytics, Power BI encompasses data preparation, data discovery, dashboards, and visualization.

Spotfire is a mature product with strong analytics, dashboarding, visualization, data preparation, and workflow capabilities. It allows users to harness data science techniques, geoanalysis, and real-time stream analysis in easily consumable forms, and can automatically suggest visualizations.

How about the latest features and updates? Microsoft releases weekly updates to its cloud-based Power BI service. Recent feature additions include AI-powered experiences, intelligent narratives (NLG), and anomaly detection capabilities. A Power BI Premium version enables multi-geo capabilities and the ability to deploy capacity in any of 42 data centers around the world. Its toolsets make it easy to collaborate and track key metrics

The latest updates to Tibco Spotfire include a better interface for administrators, data source names available from server diagnostics, and connection to Tibco Cloud Data Streams from on-premises Spotfire installations. It also offers new connectors (such as PostgreSQL, MySQL, Oracle, Amazon Redshift, Apache Spark SQL, and SAP HANA), single sign-on (SSO) to data sources, and more security features.

Power BI and Spotfire both offer comprehensive functionality. The winner here therefore depends on which product offers the functionality that the user specifically wants.

Tibco Spotfire vs. Power BI: Ease of Use

New users seem to find Power BI relatively easy to use. But as the complexity increases, the platform becomes harder to navigate.

Spotfire is said to be easier in that it allows more users to access, customize and use sophisticated dashboards and visualizations. Some users complain about a lack of offline data modeling capabilities. But Spotfire gets high marks for viewing. The bottom line: Both have done a great job of making their platforms accessible to a non-technical audience.

This category doesn’t offer a major difference between the two solutions, but Microsoft takes the win because it was rated slightly higher by users on ease of use.

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Tibco Spotfire vs. Power BI: Analytics Capabilities

Power BI offers many visualization features. It is also good at processing and analyzing real-time data. Spotfire also has excellent analytical skills. It leverages machine learning to transform data and deliver insights. The platform also has top-notch visualization, dashboard, and customization features.

There’s not much to choose between Spotfire and Power BI on analytics; your selection probably depends on your personal situation.

Tibco Spotfire vs. Power BI: Cloud and On-Premise

Power BI is cloud-first. There is a fully functional SaaS version running in the Azure cloud. But Microsoft also offers a resident local version in Power BI Report Server. And there’s Power BI Desktop which is offered for free as a standalone personal analysis tool. When advanced users are engaged in complex analysis of multiple on-premises data sources, they should download Power BI Desktop. However, these on-premises Power BI offerings aren’t as rich as the cloud version when it comes to dashboards, streaming analytics, natural language, and alerts.

Spotfire is powerful in the cloud and on premise. Spotfire beat Power BI hands down on site, because that’s where it originated. And it has made strides in delivering cloud and hybrid functionality.

Who is the winner? Microsoft wins in the cloud, Spotfire wins on premises.

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Tibco Spotfire vs. Power BI: CRM

CRM and BI often go hand in hand. Power BI integrates relatively well with Microsoft Dynamics CRM. Users can quickly download either and be sure they will integrate well, share data, and be able to link CRM and BI functions smoothly. Thus, it becomes easily possible to analyze CRM data and vice versa to feed the results of the analysis back into the CRM platform as part of campaign planning and lead generation.

Spotfire offers many great visualizations and dashboards for sales and marketing teams. But it stops before the CRM. It is configured to integrate well with third-party CRM systems. Whether you use Salesforce, Microsoft Dynamics CRM or another CRM system, Tibco can integrate it with Spotfire.

Microsoft Power BI wins when a company wants a unified BI/CRM package. But if the organization is not a Microsoft CRM user, Spotfire offers more flexibility in terms of which CRM and marketing platforms it can be used with for analytics.

Tibco Spotfire vs. Power BI: Integration

Microsoft offers a wide range of integration options, APIs, and partnerships. Power BI is tightly integrated with most Microsoft and Windows ecosystems. The company, however, is addressing some integration issues. Gartner noted that Power BI’s management of content promotion and publication may incur administrative costs. This is not an easy solution, which will add manual work between Power BI applications and its collaborative development environment known as workspaces.

Spotfire, likewise, is in the midst of its own integration challenges. Integration with the acquired BI Information Builders platform will take time but will provide additional functionality in the long run. It is already paying off as seen in recent platform updates.

Additionally, Spotfire has a hyperconverged analytics vision that continues. Some users have noted that the technical capabilities of this one have yet to match the hype. But the company is working hard to close the gap through tighter integration.

Microsoft outperforms Spotfire when it comes to integration because of the depth of its partner relationships it has built over decades.

See also: What is data visualization?

Tibco Spotfire vs. Power BI: Pricing

Microsoft is very good at keeping prices low as a tactic to increase market share. It offers many features at a relatively low price. Power BI Pro, for example, costs around $10 per month per user. The premium version is $20 per month. The bottom line for any rival is that it’s hard to compete with Microsoft Power BI on price when it comes to automated ML capabilities and AI-powered services.

Spotfire does not have a solid reputation when it comes to pricing and negotiating contracts. The company does not publish prices online. But it seems that there are different prices for analysts, commercial authors and consumers of analytical data. These range from $25 per month per user to $125 per month. In this category, users should check pricing as it applies to their specific environments.

In most cases, Power BI will win. The license on Spotfire seems more complex. The company also charges for integration with other platforms.

Tibco Spotfire vs. Power BI: Conclusion

Microsoft is committed to investing in Power BI and improving its integration with other Microsoft platforms. Any organization that uses Office 365, Teams, Dynamics, and/or Azure heavily will find it hard to resist the benefits of deploying Power BI.

And these benefits will only increase. On the AI ​​front, for example, the company has around 100,000 customers using Power BI’s AI services. The company is also working to integrate other applications and make it easier to automatically tune query performance. Those on a budget who still want a rich BI platform will likely prefer Power BI.

Also consider existing sales teams and distribution channels for Microsoft products. With such a large user base and so many tentacles around the world, Power BI may just be a click away for many organizations.

Tibco Spotfire also has a loyal following among data scientists and power users. It is particularly strong in life sciences, high-tech manufacturing, transportation and logistics, and energy. But outside of its installed base, it lacks momentum. Gartner said this rarely shows up in surveys of bidders for different projects.

For verticals in Spotfire’s areas of strength, it’s probably just ahead of Power BI. But for other verticals, Microsoft might be a better choice. It is difficult, after all, to compete with Microsoft. Against the wider Microsoft ecosystem, it has an uphill battle to advance and gain market share. But outside of that ecosystem, Spotfire gives Power BI a run for its money.

Overall, Microsoft offers the widest range of features and integrations, while Tibco Spotfire beats it in terms of depth in some markets. Gartner’s latest “Magic Quadrant (MQ) for Analytics and Business Intelligence Platforms” ranked Power BI ahead of Spotfire. As such, Power BI is a leader while Tibco is a visionary.

User reviews and ratings make the two platforms broadly equal. Power BI scored higher in coloring, social BI, and mobile exploration. Tibco Spotfire was ahead in publishing and integrating analytics content.

But for now, Power BI wins overall.

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