Somerville, Mass., October 28, 2008 -TIBCO Software Inc. (NASDAQ: TIBX), today announced the release of the latest version of its flagship in-memory enterprise analytics platform, TIBCO Spotfire® version 2.2, including new 3-D visualization, and introduced TIBCO Spotfire® Network Analytics, a powerful new add-on product. Together, the new software allows business professionals to thoroughly explore relationships between different types of data, revealing hidden risks, fraud, threats and opportunities. In addition, TIBCO announced the TIBCO Spotfire Technology Network, a content-rich online resource for developers who are using the TIBCO Spotfire Software Development Kit to extend and adapt the market's leading interactive visualization experience to their business needs.
"We"re always excited to hear what new capabilities and features are added as the TIBCO Spotfire enterprise analytics platform continues to evolve. Spotfire®offers the kind of flexible, powerful and extremely usable analytic experience that Wolters Kluwer data subscribers depend upon, and we expect these new visualization capabilities and performance enhancements to keep us at the head of our market in helping our customers find more strategic insights in their Managed Care Data,” said Shiraz Hasan, managing director of Consulting Services, Wolters Kluwer.
Industry Leading Data Visualizations Enhanced with 3-D and Relationship Analysis
Spotfire products have been at the forefront of data visualization and in-memory analysis. Spotfire 2.2 and Spotifire® Network Analytics take the Spotfire experience to a new level, unmatched by traditional BI.
Spotfire 2.2 introduces a third dimension to Spotfire visual analysis. Users analyzing complex multi-dimensional data users can zoom and rotate in three dimensions to analyze their data in a whole new way, and quickly spot new insights or hidden patterns.
Spotfire Network Analytics is a new product that complements Spotfire 2.2. It offers unique interactive visualizations of data relationships, allowing business professionals to see and explore the interesting network of relationships between data that is otherwise hidden. Spotfire Network Analytics can help in any type of relationship analysis, from identifying email or cell phone traffic patterns to perform social network analysis to analyzing counter-party or supply chain relationships.
“Comparing Spotfire to traditional BI is like comparing the World Wide Web to printed publications,” said Roger Oberg, vice president of Product Strategy for Spotfire products. “One is used to explore in an unstructured, self-directed, highly visual way that leads to new discoveries and insights. The other is used to distribute information already known. In times like these, there is a clear need to equip business professionals to see quickly what they could not see before. Spotfire 2.2 and Spotfire Network Analytics along with our recently acquired TIBCO Spotfire S+® products do exactly that – by turning complex data into useful, statistically informed, interactive visualizations for business professionals.”
With the release of Spotfire 2.2, TIBCO announced the TIBCO Spotfire Technology Network http://stn.spotfire.com/stn/, an online resource that provides developers and technologists with information on how to begin using and take full advantage of the TIBCO Spotfire® Software Development Kit (SDK) and APIs to adapt the Spotfire platform to their businesses. The website offers articles, whitepapers and shared knowledge about how to customize applications for any business process, for users both within and outside the enterprise. The website also offers examples of how developers can begin integrating TIBCO Spotfire S+ and TIBCO Spotfire Miner™ with other Spotfire enterprise analytics products, enabling organizations to build powerful, statistically informed applications. The network was designed with the goal of helping IT workers and line of business developers automate analysis processes for business users, so they can put these users directly in the driver’s seat and eliminate the 'build me a report’ syndrome.
Greater Performance and Scale
Enhancements to the platform improve its interactivity, response time and scalability. In particular, the TIBCO Spotfire® Web Player, which allows users within and outside companies to analyze data through a standard web browser, now accommodates more users on the same hardware. This is important, as more companies adopt browser-based applications for their extended workforce and partner networks.
”In the pharmaceuticals business, we deal with enormous volumes of data and hundreds of millions of rows. Spotfire is the versatile tool that we count on to make a difference across many functions. We could not draw insights as quickly and easily through other tools such as SAS or MS Access,” said Aaron Salamon, Segment Market Research Manager of Endo Pharmaceuticals, a specialty pharmaceutical company engaged in the research, development, sale and marketing of branded and generic prescription pharmaceuticals used primarily to treat and manage pain. “For marketing and payer analysis, Spotfire’s strengths in taking any data and uncovering crucial insights make it a ‘must-have’ for our team.”
TIBCO Software Inc. (NASDAQ: TIBX) is a leading provider of enterprise analytics software for next generation business intelligence. TIBCO Spotfire products offer a visual and interactive experience that helps professionals quickly discover new and actionable insights in information. Distinguished by its speed to insight and adaptability to specific business challenges, Spotfire rapidly reveals unseen threats and new opportunities, creating significant economic value. Spotfire customers include industry leaders among the Global 2000 that have deployed Spotfire analytics to gain an information advantage over their competitors. For more information, visit http://spotfire.tibco.com.
TIBCO Spotfire Division
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