itb-nz logo
Story image

TIBCO takes first Challenger title in BI Magic Quadrant

05 Mar 2020

TIBCO has been named a Challenger in Gartner’s 2020 Magic Quadrant for Analytics and Business Intelligence Platforms for the first time, recognising the company in the analytics and BI market.

See also: TIBCO named a Leader in Magic Quadrant for Data Management

The report describes modern analytics and business intelligence (ABI) platforms as “characterised by easy-to-use functionality that supports a full analytic workflow – from data preparation to visual exploration and insight generation – with an emphasis on self-service and augmentation.”

It describes how simple data visualisation is no longer the main differentiator between vendors in this market. Today, what sets vendors apart is:

  • Integrated support for enterprise reporting capabilities replacing older BI products from vendors like SAP, Oracle and IBM, and
  • Augmented analytics with machine learning (ML) and artificial intelligence (AI)-assisted data preparation, insight generation and insight explanation.

In the 2020 Magic Quadrant for Analytics and Business Intelligence Platforms report, Gartner evaluated the strengths and cautions of 22 platform providers, with TIBCO named in the Challengers quadrant.

TIBCO’s Spotfire software provides data-driven insights through augmented visual analytics, geoanalytics, data science, and continuous operational intelligence. 

The software’s functionality was noted as a strength in the report which stated, TIBCO’s “platform features ML-based data preparation capability for building complex data models … analysts and citizen data scientists have access to an extensive library of drag-and-drop advanced analytic functions, with some automated insight features.”

Customer experience was also noted as a strength, highlighting TIBCO’s “ability to understand the needs of customers.”

Under cautions, Gartner’s report notes that “TIBCO has less momentum than many competitors in this market,” with a “smaller community and fewer experienced staff to hire who have TIBCO Spotfire skills.”

Marketing and software cost were also placed under cautions with the report explaining that TIBCO is not seen as a significant player, and that customers “consistently identified the cost of its software as the main barrier to wider deployment.”

Vendors are plotted by Gartner based on their ability to execute and their completeness of vision.

“This decade will be a catalyst for real-time, insights-driven enterprises to take flight. The advanced insights our customers derive from their disparate data are a competitive differentiator for businesses looking to increase revenues, improve operations, and elevate customer experiences,” says TIBCO senior vice president and engineering general manager Mark Palmer. 

“We are delighted to be recognised as a Challenger in this report, and see this as proof of the value we deliver to our customers by unlocking the potential of real-time data to solve complex analytics problems.”

Story image
From 1G to 5G: How innovations in cellular have shaped our lives
As we look to the present decade from 2020 onwards, 5G will be at the forefront. The race for 5G is not about merely deploying new infrastructure, but getting the first-mover advantage in who can build and take the leadership role in the host of new applications and services that 5G will enable.More
Story image
Case study: MECCA has HCM makeover with Workday
The phased HCM makeover began in 2017, when the company made the decision to launch a three to five-year program to digitalise its human capital management technology so that it could simplify everyday requirements for its team members and enable them to self-serve. More
Link image
Webcast series: The necessary tools to secure a remote workforce
Experts from across the A/NZ region discuss the best security practices in a remote working world - with sessions available on the first Thursday of every month.More
Story image
ServiceNow extends Microsoft partnership with new Teams functionality
Powered by ServiceNow’s digital workflow platform, the Now Platform, the new capabilities are also said to improve agent productivity by enabling them to more effectively collaborate and complete key tasks in Microsoft Teams.More
Link image
Webinar: How CX demands are changing in tandem with cloud
The ability to adapt to your customers' changing needs is critical. At the Virtual G-Summit, 15 experts share their best tips on strengthening customer relationships and moving the business forward.More
Story image
Fast track your digital transformation with dynamic security services from Fortinet
Jon McGettigan, Fortinet A/NZ Regional Director, explains how enterprises can speed up their network service delivery programmes by embracing Fortinet’s dynamic security services.More