TIBCO Spotfire vs ThoughtSpot comparison

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ThoughtSpot Logo
2,000 views|1,530 comparisons
87% willing to recommend
TIBCO Logo
2,334 views|1,650 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: March 2024).
767,667 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
"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.""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 is easy to set up the solution.""ThoughtSpot takes the modifying of existing reports out of our hands.""The initial setup was very straightforward.""The ability to do ad hoc explorations of data has been most valuable.""It's easy to drill down or expand data to get more details right out of the box.""The scalability is good."

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"The out-of-the-box features are simple and easy to use across the board.""One of the main features is integrated statistical analysis.""The most valuable features of TIBCO Spotfire are visualization. It's very nice, clear, and, flexible. You can analyze many data types and the user interface is very good.""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.""The two features that I have found most valuable are its ability to customize the dashboards when it comes to the evaluation. The second feature is its ability to handle a large amount of data, which is also something very unique about it.""The solution is an affordable one.""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.""The ability to create a real-time data mark, using just one piece of software, is the best feature of this product."

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

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"The initial setup can be difficult.""When it comes to data manipulation, there are features which are good, but one of the features which has really been missing in Spotfire is an offline ability for data manipulation.""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.""The design of the UI could be improved.""Compared to competitors, the UI is quite dated.""The data compression has room for improvement.""The initial setup of TIBCO Spotfire is in the middle range of difficulty. The initial setup of Power BI is easier.""One aspect where Spotfire could improve is its global recognition, especially in terms of support."

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Pricing and Cost Advice
  • "I give the pricing a six out of ten."
  • More ThoughtSpot 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
    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: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
    Views
    2,000
    Comparisons
    1,530
    Reviews
    8
    Average Words per Review
    783
    Rating
    7.5
    Views
    2,334
    Comparisons
    1,650
    Reviews
    9
    Average Words per Review
    477
    Rating
    8.3
    Comparisons
    Tableau logo
    Compared 29% of the time.
    Microsoft Power BI logo
    Compared 26% of the time.
    Looker logo
    Compared 12% of the time.
    Amazon QuickSight logo
    Compared 5% of the time.
    Alteryx logo
    Compared 2% of the time.
    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 Company15%
    Energy/Utilities Company12%
    Financial Services Firm11%
    Computer Software Company10%
    Company Size
    REVIEWERS
    Small Business13%
    Large Enterprise88%
    VISITORS READING REVIEWS
    Small Business13%
    Midsize Enterprise9%
    Large Enterprise78%
    REVIEWERS
    Small Business27%
    Midsize Enterprise13%
    Large Enterprise61%
    VISITORS READING REVIEWS
    Small Business14%
    Midsize Enterprise8%
    Large Enterprise78%
    Buyer's Guide
    TIBCO Spotfire vs. ThoughtSpot
    March 2024
    Find out what your peers are saying about TIBCO Spotfire vs. ThoughtSpot and other solutions. Updated: March 2024.
    767,667 professionals have used our research since 2012.

    ThoughtSpot is ranked 15th in BI (Business Intelligence) Tools with 8 reviews while TIBCO Spotfire is ranked 13th in BI (Business Intelligence) Tools with 66 reviews. ThoughtSpot is rated 7.6, while TIBCO Spotfire is rated 8.2. 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 "A robust BI tool, with good dashboard features and adverse event tracking". ThoughtSpot is most compared with Tableau, Microsoft Power BI, Looker, Amazon QuickSight and Alteryx, whereas TIBCO Spotfire is most compared with Tableau, Microsoft Power BI, Qlik Sense and QlikView. 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.