04/02/2008

Spotfire, a division of TIBCO Software Inc. (NASDAQ: TIBX), yesterday announced the newest version of its flagship software, TIBCO Spotfire® 2.1, to help customers and partners more easily create highly visual, interactive, and extremely fast business mashups adapted to their needs.

ebizQ received the following:

This latest release also includes new application programming interfaces (APIs) which enable richer analytic and pervasive Business Intelligence (BI) application development. TIBCO Spotfire 2.1 also offers significant new analytic capabilities and usability enhancements that make it easier for business professionals to find new insights in any information.

"The TIBCO Spotfire enterprise analytics platform continues to evolve, putting more power into the hands of our analytics team and allowing us to cut time to decision, while guiding our users to more strategic insights,” said Ramona Hovey, Vice President of DrillingInfo Inc's Energy Strategy Partners. “By exploiting Web 2.0 and innovative Spotfire technologies, such as business mashups, we are looking to build a highly responsive, real-time business model to provide our clients with accelerated business innovation, growth, and collaboration.”

Business Mashups

While consumers in a Web 2.0 world can visually explore everything from maps to music, business professionals still rely too much on cumbersome spreadsheets and static reports. The business mashup capabilities in Spotfire® 2.1 merge Web 2.0 and BI into business applications that solve specific business problems. Spotfire 2.1 brings the interactive, visual nature of innovative Web 2.0 applications to enterprise users, allowing subject matter experts to leverage standard interfaces and BI data to create user experiences -- from rich analytic applications for a particular business problem to next gen dashboards and reports -- that speed insights and prompt better business decisions. This type of speed and flexibility is difficult to achieve quickly with traditional BI solutions.

Rich Analytics Applications

With Spotfire 2.1, TIBCO is releasing an enhanced set of application programming interfaces (APIs) to allow partners and customers to build analytics applications for any business process. These APIs make it easier for companies to create a seamlessly integrated user experience, by customizing the user interface and even developing new data visualizations for the TIBCO Spotfire® Web Player. Security improvements provide better integration to existing infrastructure for internal and external use over the web.

Greater Speed to Insight

Spotfire has enhanced this version to provide deeper visual insights to business users. Spotfire 2.1 offers dynamically-drawn curve and line fits that isolate trends and patterns, allowing for interactive comparison, as well multi-scale axes that make it a snap to compare trends across disparate variables.

“At Zoomio we are looking forward to this release with great anticipation. As a software company developing a multichannel marketing platform, we"ve leveraged Spotfire’s ability to present complex data in a simple way to develop a highly advanced benchmarking tool for our customers,” Lene Brysting Renault, Manager of Consulting and Analytics, Zoomio. “The capabilities in Spotfire 2.1 meet our demand for showing general trends in a vibrant and intuitive way, so decision-makers can immediately evaluate how effective his/ marketing campaign has been - compared to earlier campaigns or toward the Industry in general.”

Training for an Expanding User Base Spotfire 2.1 enables everyone in the enterprise to benefit from the power of analytics, and with this release Spotfire is offering training for all users – from developer to business analyst to everyday business front-line user. Spotfire has expanded its training options by offering regional and on-site training, as well as expanding its comprehensive on-line offerings, including on-demand, web-based training and user communities.

Christopher Ahlberg, president Spotfire Division, said “Traditional BI dashboards and reports are now commoditized. Companies must derive information advantage by leveraging data interactivity and web innovations into daily decision-making processes. Spotfire speaks to these user needs – interactivity, speed and flexibility.”

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