TIBCO Spotfire vs ThoughtSpot comparison

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ThoughtSpot Logo
2,005 views|1,509 comparisons
87% willing to recommend
TIBCO Logo
2,264 views|1,581 comparisons
96% willing to recommend
Comparison Buyer's Guide
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: May 2024).
772,649 professionals have used our research since 2012.
Featured Review
Quotes From Members
We asked business professionals to review the solutions they use.
Here are some excerpts of what they said:
Pros
"The ability to do ad hoc explorations of data has been most valuable.""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 scalability is good.""ThoughtSpot takes the modifying of existing reports out of our hands.""It is easy to set up the solution.""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.""It's easy to drill down or expand data to get more details right out of the box."

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"One of the main features is integrated statistical analysis.""The out-of-the-box features are simple and easy to use across the board.""The ability to create a real-time data mark, using just one piece of software, is the best feature of this product.""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.""Data discovery is very simple.""I appreciate Spotfire's range of visualization options, advanced analytics features, and seamless integration with other TIBCO products.""It's scalable.""Live Query data on demand, R and Python integration, and the ability to write HTML and JavaScript text areas are all valuable features."

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Cons
"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.""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.""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 one area of the solution that I do hear needs improvement is on the visualization front.""A customized visualization is lacking in this product.""The most difficult thing I found is that it only deals with the files and does not have direct connectivity to databases.""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."

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"The initial setup is complicated and needs experience and knowledge.""The initial setup can be difficult.""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.""The initial setup of TIBCO Spotfire is in the middle range of difficulty. The initial setup of Power BI is 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.""When you do the data loading, it is slow.""One aspect where Spotfire could improve is its global recognition, especially in terms of support.""The design of the UI could be improved."

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Pricing and Cost Advice
  • "I give the pricing a six out of ten."
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  • "The ROI is nearly impossible to calculate."
  • "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 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 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."
  • "In comparison to other solutions such as IBM Cognos, TIBCO Spotfire is more affordable."
  • More TIBCO Spotfire Pricing and Cost Advice →

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    Questions from the Community
    Top Answer:It's easy to drill down or expand data to get more details right out of the box.
    Top Answer: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.
    Top Answer: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… more »
    Top Answer: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.
    Top Answer:The solution is pricey. Most organizations might find it costly because very few are utilizing these features. We initially purchased the perpetual licensing. Additionally, there was an extra cost for… more »
    Ranking
    Views
    2,005
    Comparisons
    1,509
    Reviews
    8
    Average Words per Review
    783
    Rating
    7.5
    Views
    2,264
    Comparisons
    1,581
    Reviews
    10
    Average Words per Review
    452
    Rating
    8.3
    Comparisons
    Also Known As
    Spotfire
    Learn More
    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
    Top Industries
    VISITORS READING REVIEWS
    Financial Services Firm24%
    Computer Software Company11%
    Manufacturing Company11%
    Healthcare Company7%
    REVIEWERS
    Energy/Utilities Company22%
    Financial Services Firm17%
    Computer Software Company11%
    Manufacturing Company11%
    VISITORS READING REVIEWS
    Manufacturing Company16%
    Energy/Utilities Company12%
    Financial Services Firm12%
    Computer Software Company10%
    Company Size
    REVIEWERS
    Small Business13%
    Large Enterprise88%
    VISITORS READING REVIEWS
    Small Business14%
    Midsize Enterprise8%
    Large Enterprise78%
    REVIEWERS
    Small Business27%
    Midsize Enterprise13%
    Large Enterprise61%
    VISITORS READING REVIEWS
    Small Business14%
    Midsize Enterprise9%
    Large Enterprise77%
    Buyer's Guide
    TIBCO Spotfire vs. ThoughtSpot
    May 2024
    Find out what your peers are saying about TIBCO Spotfire vs. ThoughtSpot and other solutions. Updated: May 2024.
    772,649 professionals have used our research since 2012.

    ThoughtSpot is ranked 15th in BI (Business Intelligence) Tools with 8 reviews while TIBCO Spotfire is ranked 10th in BI (Business Intelligence) Tools with 67 reviews. ThoughtSpot is rated 7.6, while TIBCO Spotfire is rated 8.4. The top reviewer of ThoughtSpot writes "You can drill down into any data right out of the box, with a straightforward deployment, and great support". On the other hand, the top reviewer of TIBCO Spotfire writes "Empowers us to extract insights and provide valuable business analytics to support decision-making within our organization". ThoughtSpot is most compared with Tableau, Microsoft Power BI, Looker, Amazon QuickSight and Databricks, whereas TIBCO Spotfire is most compared with Tableau, Microsoft Power BI, QlikView, Qlik Sense and SAP Analytics Cloud. See our TIBCO Spotfire vs. ThoughtSpot report.

    See our list of best BI (Business Intelligence) Tools vendors.

    We monitor all BI (Business Intelligence) Tools reviews to prevent fraudulent reviews and keep review quality high. We do not post reviews by company employees or direct competitors. We validate each review for authenticity via cross-reference with LinkedIn, and personal follow-up with the reviewer when necessary.