Sigma vs. TIBCO Spotfire

Business intelligence (BI) software is one of the best software technology innovations that help businesses improve data discovery and analysis. Tasks and processes that required the services of advanced analytics experts in the past can now be done by anyone using BI software. This type of software collects, analyzes, and transforms data that the business produces into actionable insights. Thanks to BI software, organizations can confidently make evidence-based decisions in a matter of minutes.

Because BI software aggregates and standardizes data produced by the business, users can determine purchasing patterns and marketing trends and set better marketing directions. Businesses gain higher rates of productivity and efficiency by using one platform that performs various processes and business-intelligence-related tasks.

We’ll compare two popular business intelligence software: Sigma vs. TIBCO Spotfire. Let’s evaluate their features, integrations, and pricing models to determine the more suitable product for your business. Use our Product Selection Tool and receive five recommendations from our experienced Technology Advisors. It’s free, easy to use, and takes only five minutes.

Sigma vs. TIBCO Spotfire: An overview

Sigma is a cloud-based analytics and business intelligence application for various business sizes that provides live access to cloud data warehouses. With an intuitive spreadsheet interface, it empowers business experts to retrieve more data without using a single line of code. Users can freely collect and analyze data without limits in real time thanks to the cloud, full power of SQL, and a familiar interface. Sigma was designed as a self-service analytics platform.

TIBCO Spotfire is a web-based business intelligence software designed to derive valuable business insights for all business sizes. It has smart, scalable, and secure capabilities that help businesses seize new opportunities and evade risks using one analytics platform. Users no longer need IT intervention to explore data and spot actionable insights, allowing businesses to look deep into the root cause of business issues. Use the software to perform complex data analyses and create easy-to-use visual dashboards through TIBCO Spotfire’s dynamic and collaborative interface.

A comparison of features

Sigma

·         Reports:

Sigma makes reporting easier by offering scorecards, report interface, dashboards, a step-by-step report guide, as well as graphs and charts for data presentation.

·         Self-service capability:

Users save time running the software since it provides a self-service functionality that includes search, data column filtering, collaboration/workflow, auto-modeling, data discovery, and calculated fields.

·         Advanced analytics:

Use the software’s advanced analytics features such as big data services, data visualization, and predictive analytics to better understand trends.

·         Data modeling and blending:

Sigma lets users choose a smaller selection of a data set for viewing or analysis.

TIBCO Spotfire

·         Predictive analytics:

Make accurate predictions and detect complex data trends using TIBCO Spotfire’s machine learning functionality. Use TIBCO Data Science Platform and Spotfire Data Functions to calculate reports and dashboard data.

·         Location analytics:

The software is equipped with an interactive map that can make route calculations and can recognize city, state, or country as locations. Users are able to create multiple layers by adding more data to the map and handle address-level geocoding and step-by-step directions.

·         Data wrangling:

Users can clean, blend, and make adjustments to data right within the software using sources like relational databases, cloud applications, Hadoop, and OLAP.

·         Streaming analytics:

TIBCO Spotfire has a real-time streaming feature that spots issues and opportunities quickly.  It can process streaming data from more than 50 sources including the Internet of Things (IoT). Users can receive alerts for major data changes and combine historical and current data.

·         Visual analytics:

The software offers different visualization types such as graphs, heat maps, charts, and tables for analyzing data. Use it to access visualizations through desktop and mobile devices or embed them on company websites. Users can also add data annotations and conversations and export reports in PowerPoint and PDF forms.

A comparison of prices

Sigma does not publicly provide pricing details, which is a common practice among software vendors. This helps ensure that businesses understand the features they need and get the right set of functionalities that meet their specific needs. Sigma is open to quote requests from interested users. It also offers a free trial for interested parties who want to test the software.

TIBCO Spotfire offers users with a 4-tiered pricing plan: Analyst, Business Author, Consumer, and Library Storage. The Analyst plan offers 250-GB of data storage per analyst, while the Business Author plan offers 100-GB of data storage for every Business Author seat. The Consumer plan is intended for view-only access to the software and can be used if a user purchases one Business Author or Analyst plan. The Library Storage plan allows additional storage in 25-GB increments.

As an annual discount, TIBCO Spotfire allows users to enjoy free service for the first two months. The software also offers a 30-day free trial with 250-GB of data storage.

Comparison of integrations

Sigma and TIBCO Spotfire do not publicly provide information on their integrations with third-party business applications. Interested users can contact the vendors directly to request for full information.

Takeaways: Sigma vs. TIBCO Spotfire

Business owners who are looking for good business intelligence software can choose between Sigma and TIBCO Spotfire. Both software are equipped with the necessary BI software features such as data discovery, reporting, and analysis. However, their differences also need to be considered when choosing your business software.

Small businesses and startups should choose Sigma because of its free trial. It lets users test the software and see if it meets their needs, which means that users have nothing to lose if they decide not to subscribe to the software.

Mid-sized and large businesses can opt for TIBCO Spotfire to quickly address issues and opportunities using its real-time streaming feature. Businesses are able to install measures to tackle threats before they happen.

Sigma is also a good option for all business sizes as it lets users choose a small part of a data set for analysis. This allows them to see specific information clearly.

If you’re looking for more business intelligence software options, use our Product Selection Tool.