IBM Watson Explorer vs TIBCO Spotfire comparison

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Executive Summary

We performed a comparison between IBM Watson Explorer and TIBCO Spotfire based on real PeerSpot user reviews.

Find out in this report how the two Data Mining solutions compare in terms of features, pricing, service and support, easy of deployment, and ROI.
To learn more, read our detailed IBM Watson Explorer vs. TIBCO Spotfire Report (Updated: March 2020).
765,386 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 valuable feature of Watson Explorer for us is data entities, and to see the hidden insights from within unstructured data.""I have found the auto-generated document very useful as well as the main keywords that are highlighted, which are used for the search functionality within IBM Watson Explorer.""Ease of use is pretty good as is the standardization of not actually having to have my own natural learning algorithms, just to use the Watson APIs.""We take natural language that was happening in our repositories and our application and then feed it to the Watson APIs. We receive JSON payloads as an API response to get cognitive feedback from the repository data.""The ability to easily pull together lots of different pieces of information and drill down in a smarter way than has been possible with other analytics tools is key. Watson is all based on a set of AI and deep learning, machine-learning capabilities, and it is looking behind the scenes at some relationships that you likely would not have spotted on your own. It's pulling things together, categorizing some things, that are not something that you might have seen on your own.""For me, as a user, the most valuable feature is the ability to ingest and then retrieve information from a range of separate sources; the ability to dissect questions in context and actually answer them."

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"The out-of-the-box features are simple and easy to use across the board.""I appreciate Spotfire's range of visualization options, advanced analytics features, and seamless integration with other TIBCO products.""Live Query data on demand, R and Python integration, and the ability to write HTML and JavaScript text areas are all valuable features.""One of the main features is integrated statistical analysis.""This solution allows us to integrate data from across all client departments, for effective reporting via a single dashboard.""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.""From a scalability standpoint, I would say it's pretty fantastic.""R and automation services."

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Cons
"It needs better language support, to include some other languages. Also, they should improve the user interface.""Stability is actually one of the areas that could use improvement. Setting it up is always tough. Setting Explorer requires experts, but also the underlying platform is not that stable. So it really needs a good expert to keep it running.""The solution is expensive.""Much of IBM operates this way, where they have sets of tools that are in the middleware space, and it becomes the customer's responsibility or the business partner's responsibility to develop full solutions that take advantage of that middleware. I think IBM's finding itself in that spot with Watson-related technologies as well, where the capabilities to do really interesting and useful things for customers is there, but somebody still has to build it. Is that going to be the customer? Are they going to be willing to take on that responsibility themselves""It is a little bit tricky to get used to the workflow of knowing how to train Watson, what can be provided, what can't be, how to provide it, how to import, export, and what it means every time you have to add a new dictionary""Small businesses will probably have a little harder time getting into it, just because of the amount of resources that they have available, both financial and time, but it really is a solution that should work for them.""More cognitive feedback would be good. The natural language analysis is great, the sentiment analyzers are great. But I would just like to see more... innovation done with the Watson platform.""I would say, give some kind of a community edition, a free edition. A lot of companies do, even Amazon gives you some kind of trial and error opportunities. If they could provide something like that, it would be good."

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"The initial setup can be difficult.""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.""The number of charts available out of the box in Spotfire can be enhanced.""I would like more easy-to-implement analytical algorithms. At the moment they include things like forecasts and regressions. They need to add a lot more of these types of things to the product because not everyone is a data scientist.""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.""Personalising Spotfire, as a whole, is painful and is something that could be made easier.""We encountered difficulties connecting the special data sets, as the post data set did not contain any shared columns, making it difficult to establish a connection between the data sets."

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Pricing and Cost Advice
  • "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
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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 »
    Ranking
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    Average Words per Review
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    Rating
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    Comparisons
    Also Known As
    IBM WEX
    Spotfire
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    Overview

    IBM Watson Explorer is a cognitive exploration and content analysis platform that lets you listen to your data for advice. Explore and analyze structured, unstructured, internal, external and public content to uncover trends and patterns that improve decision-making, customer service and ROI. Leverage built-in cognitive capabilities powered by machine learning models, natural language processing and next-generation APIs to unlock hidden value in all your data. Gain a secure 360-degree view of customers, in context, to deliver better experiences for your clients.

    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
    RIMAC, Westpac New Zealand, Toyota Financial Services, Swiss Re, Akershus University Hospital, Korean Air Lines, Mizuho Bank, Honda
    Allergan, ASSS de Montreal, Avantium, Blue River, Bank of Montreal, Citibank, FrieslandCampina, Hellmann Logistics, Merck, Novartis
    Top Industries
    VISITORS READING REVIEWS
    Computer Software Company18%
    Financial Services Firm10%
    Educational Organization9%
    Government9%
    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
    REVIEWERS
    Small Business18%
    Midsize Enterprise18%
    Large Enterprise64%
    VISITORS READING REVIEWS
    Small Business25%
    Midsize Enterprise11%
    Large Enterprise64%
    REVIEWERS
    Small Business27%
    Midsize Enterprise13%
    Large Enterprise60%
    VISITORS READING REVIEWS
    Small Business13%
    Midsize Enterprise8%
    Large Enterprise78%
    Buyer's Guide
    IBM Watson Explorer vs. TIBCO Spotfire
    March 2020
    Find out what your peers are saying about IBM Watson Explorer vs. TIBCO Spotfire and other solutions. Updated: March 2020.
    765,386 professionals have used our research since 2012.

    IBM Watson Explorer is ranked 8th in Data Mining while TIBCO Spotfire is ranked 13th in BI (Business Intelligence) Tools with 65 reviews. IBM Watson Explorer is rated 8.4, while TIBCO Spotfire is rated 8.2. The top reviewer of IBM Watson Explorer writes "Ingests, retrieves information from a range of sources; enables dissecting questions in context and answering them". On the other hand, the top reviewer of TIBCO Spotfire writes "A robust BI tool, with good dashboard features and adverse event tracking". IBM Watson Explorer is most compared with Salesforce Einstein Analytics, Microsoft Power BI, Tableau and KNIME, whereas TIBCO Spotfire is most compared with Tableau, Microsoft Power BI, QlikView, Qlik Sense and Amazon QuickSight. See our IBM Watson Explorer vs. TIBCO Spotfire report.

    We monitor all Data Mining 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.