OpenText Magellan BI & Reporting vs TIBCO Spotfire comparison

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Executive Summary

We performed a comparison between OpenText Magellan BI & Reporting and TIBCO Spotfire based on real PeerSpot user reviews.

Find out what your peers are saying about Microsoft, Tableau, SAP and others in BI (Business Intelligence) Tools.
To learn more, read our detailed BI (Business Intelligence) Tools Report (Updated: March 2024).
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Quotes From Members
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Pricing and Cost Advice
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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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    Top Answer:The product's initial setup phase was simple.
    Top Answer:I would describe TIBCO Spotfire as an averagely-priced product.
    Top Answer: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. The speed of creating reports or dashboards is slower in TIBCO… more »
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    Average Words per Review
    477
    Rating
    8.3
    Comparisons
    Also Known As
    OpenText Magellan Analytics Suite, BIRT iHub Visualization Platform, OpenText Actuate Information Hub
    Spotfire
    Learn More
    Overview

    Data is the most abundant and precious resource in an enterprise. It comes in all forms and is complex to merge, relate and analyze. Data analytics extract meaning from that data for business gain or productivity, often sharing those insights through analytics dashboards or analytics reports.

    With organizations generating billions of terabytes of data a year, big data analytics techniques are the only way to understand and uncover value from today’s scale of data.

    The best big data analytics tools must be able to process both structured and unstructured data such as text, documents, emails and other data stored in enterprise information management systems. They go further than reporting on historic performance, enabling companies to prescribe better actions through predictive analytics. These data analysis tools are often referred to as advanced analytics solutions, such as OpenText™ Magellan Analytics Suite, and are quickly becoming the preferred choice for enterprise analytics.

    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
    Sasktel, NSBSL
    Allergan, ASSS de Montreal, Avantium, Blue River, Bank of Montreal, Citibank, FrieslandCampina, Hellmann Logistics, Merck, Novartis
    Top Industries
    VISITORS READING REVIEWS
    Financial Services Firm23%
    Computer Software Company20%
    University10%
    Energy/Utilities Company7%
    REVIEWERS
    Energy/Utilities Company23%
    Financial Services Firm17%
    Computer Software Company11%
    Manufacturing Company11%
    VISITORS READING REVIEWS
    Manufacturing Company15%
    Energy/Utilities Company13%
    Financial Services Firm11%
    Computer Software Company11%
    Company Size
    VISITORS READING REVIEWS
    Small Business16%
    Midsize Enterprise12%
    Large Enterprise73%
    REVIEWERS
    Small Business27%
    Midsize Enterprise13%
    Large Enterprise60%
    VISITORS READING REVIEWS
    Small Business13%
    Midsize Enterprise8%
    Large Enterprise78%
    Buyer's Guide
    BI (Business Intelligence) Tools
    March 2024
    Find out what your peers are saying about Microsoft, Tableau, SAP and others in BI (Business Intelligence) Tools. Updated: March 2024.
    765,234 professionals have used our research since 2012.

    OpenText Magellan BI & Reporting is ranked 32nd in BI (Business Intelligence) Tools while TIBCO Spotfire is ranked 13th in BI (Business Intelligence) Tools with 65 reviews. OpenText Magellan BI & Reporting is rated 8.0, while TIBCO Spotfire is rated 8.2. The top reviewer of OpenText Magellan BI & Reporting writes "The Briefing Book feature enables measures to be filtered and viewed based on different criteria by end users". On the other hand, the top reviewer of TIBCO Spotfire writes "A robust BI tool, with good dashboard features and adverse event tracking". OpenText Magellan BI & Reporting is most compared with Microsoft Power BI, Databricks, Tableau and Windward Core, whereas TIBCO Spotfire is most compared with Tableau, Microsoft Power BI, QlikView, Qlik Sense and Amazon QuickSight.

    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.