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Alteryx vs Tibco Spotfire
May 26, 2023 | Author: Michael Stromann
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Alteryx provides an indispensable and easy-to-use analytics platform for enterprise companies making critical decisions that drive their business strategy. Alteryx Analytics provides analysts with an intuitive workflow for data blending and advanced analytics that leads to deeper insights in hours, not the weeks typical of traditional approaches.
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TIBCO Spotfire is analytics software that helps you quickly uncover insights for better decision-making. TIBCO Spotfire designs, develops and distributes in-memory analytics software for next generation business intelligence. Compare how your data looks in different visualizations. Spotfire Recommendations will inspect your data and make suggestions based on what you upload.
Alteryx and Tibco Spotfire are two powerful tools that cater to different aspects of data analysis and visualization. Alteryx is primarily a data preparation and analytics platform that enables users to blend, cleanse, and transform data from various sources, perform advanced analytics, and build workflows for automation. It offers a user-friendly interface and a wide range of data manipulation and transformation capabilities. On the other hand, Tibco Spotfire is a robust data visualization and business intelligence tool that allows users to create interactive visualizations, dashboards, and reports to gain insights from data. It offers advanced analytics capabilities as well, including predictive modeling and statistical analysis.
See also: Top 10 Business Intelligence software
See also: Top 10 Business Intelligence software
Alteryx vs Tibco Spotfire in our news:
2014. Tibco to update its Business Intelligence software
During the Tibco Now conference, middleware analytics provider TIBCO presented its refreshed vision for business analytics, showcasing plans for updates to Spotfire and Jaspersoft (acquired by TIBCO in April this year). This announcement comes amidst TIBCO's impending acquisition by private equity firm Vista Equity Partners, which marks the largest tech buyout of the year. Additionally, Tibco introduced a new offering called Engagement Flows, aimed at empowering marketers to send personalized offers based on various factors such as recent customer activity, inventory status, historical interactions, and data from third-party sources. These new products augment the capabilities of Tibco's Fast Data platform, which features a new version enabling customers to interpret and take action on data from diverse locations, including on-premises, cloud environments, and the Internet of Things (IoT). Despite the pending takeover, Tibco continues to innovate and strengthen its analytics portfolio.
2014. Alteryx gets $60M to develop analytical app-building platform
Alteryx, a platform that enables the creation of analytical apps through a workflow interface using various data sources, has received a significant funding boost of $60 million in a Series B round led by SAP. Alteryx empowers users to design workflows by effortlessly incorporating different data sources and objects. The resulting design can be packaged as an application for sharing with others or for generating reports, pivot tables, and other desired outputs. According to George, the company's president, Alteryx is not in direct competition with the typical Business Intelligence solutions, whether they are modern platforms like Tableau and QlikView or traditional enterprise players such as SAP Business Objects (where Mathew previously worked), Oracle Hyperion, or IBM Cognos.
