SOMERVILLE, MA--(Marketwire - February 17, 2009) - TIBCO Software Inc. (
NASDAQ:
TIBX) today
announced two new products, TIBCO Spotfire Miner™ 8.1 and TIBCO Spotfire
S+® Server 8.1, that allow enterprises to incorporate and deploy
predictive analytics on very large data sets in a wide range of business
applications. The software encourages better, more informed business
decisions across the enterprise by utilizing the TIBCO Spotfire®
Enterprise Analytics platform to deploy easy-to-understand business
applications that utilize powerful data mining, statistics and predictive
modeling to discover hidden patterns, anticipate opportunities in a
volatile environment, and optimize investment in limited resources.
TIBCO continues to advance the industry's most flexible platform for
deploying statistically enhanced and predictive analytic applications to a
wide range of professionals across the enterprise. Not only does TIBCO
enable statisticians and business analysts to prototype, test, and deploy
analytics much faster than with alternative statistical modeling
environments, but TIBCO now has a solution that offers reusable and
intuitive data preparation and data mining as well.
"When analytics are put in the hands of business professionals, it drives
competitive advantage and greater predictability for the business," said
Mark Lorion, vice president of Marketing, TIBCO Spotfire. "The addition of
robust data mining, computational analytics, and predictive analytics to
the TIBCO Spotfire Enterprise Analytics Platform will transform the way
business professionals interact with data -- whether data at rest or data
in motion -- and make decisions to impact business operations on a
moment-to-moment basis."
Predictive Analytics in the Spotfire Enterprise Analytics Platform
The Spotfire® Enterprise Analytics Platform gives users the Power to
Predict™. This ability to anticipate changes in a volatile environment
can mean the difference between dying, surviving, or thriving. With this
announcement, TIBCO puts the power of predictive analytics into the hands
of any business user, with data visualizations they can understand, and a
level of interactivity unmatched by traditional BI.
"IDC research has shown that the return on investment in advanced
analytics, including data mining and predictive analytic tools, outpaces
that of information access tools. Advanced analytics facilitate better
understanding of past complex relationships in order to better predict the
future," said Dan Vesset, vice president, business analytics research, IDC.
"However, since these two types of business analytics solutions are
complementary, the addition of advanced analytics capabilities to the
Spotfire ad-hoc query and analysis platform better positions TIBCO to meet
a diverse set of technology requirements for business intelligence and
analytics."
Predictive modeling -- long the mainstay of statisticians and vacant from
traditional BI applications -- is now available to all business
professionals in any business process. From within a Spotfire data
analysis, users can conduct more thorough predictive modeling powered by
Spotfire S+® Server. Users can then share their interactive analyses,
including guided workflows, via a local library or web-based application.
By adding the advanced predictive analytics to the Spotfire® Enterprise
Analytics platform, TIBCO is empowering customers to gain deeper insights
into:
-- Clinical trial outcomes
-- Portfolio performance
-- Customer churn
Powerful, Intuitive Data Preparation and Data Mining
The introduction of TIBCO Spotfire Miner™ adds data mining capabilities
directly to the leading in-memory enterprise analytics platform. The
release incorporates new functionality for accessing, cleaning,
transforming and reducing data, enabling the application of data mining,
statistics and predictive modeling in Spotfire applications. This new
functionality allows Spotfire to crunch and clean data in ways that were
never before possible, scaling up to handle very large data sets.
The application of data reduction and data mining methods provides deep
analytic insight and enhances data through statistics and predictive
modeling to guide and focus further analysis for business decision makers
using TIBCO Spotfire® Professional or TIBCO Spotfire® Web Player.
Powerful Statistics integrated in any application
By combining the power of S-PLUS® statistical tools with the Spotfire®
Enterprise Analytics platform, customers get a rapid prototyping
environment for analytic applications that combines highly interactive,
exploratory analysis with the power of statistical and predictive
modeling. Statistical experts can visualize and explore model results in
TIBCO Spotfire® Professional, and collaborate more easily through the
creation of reusable analytical applications that can be easily shared and
used by business professionals.
In addition, Spotfire S+® Server enables the deployment and integration
of statistics and predictive analytics to any application through a
scalable web services architecture. These applications could include
Spotfire® Professional on the desktop, the zero-footprint Spotfire® Web
Player, or other desktop or web-based applications. These capabilities
help analysts and researchers make informed and reliable decisions at
critical points across the organization.
"The S language and the S+ application have been critical to our ability to
manage big data objects intrinsic to wind analytics and wind energy
development," said Brad Horn, Director of Wind Analytics at NextEra
Energy. "We credit our long-term interface and Spotfire consulting with
unlocking new ideas and sources of value. Joint dialogue on configuration
alternatives and our recent efforts to restructure legacy code is allowing
us to transition from simple interactive use of S+ to a customized S+
configuration with integrated batch processing, server load balancing, and
parallel processing. S+ has a central role in supporting internal
decisions and our group emphasis on scale, speed, and quality."
TIBCO will be demonstrating both of these products this week at the
Predictive Analytics World Conference, February 18-19, in San Francisco,
California. Visit TIBCO in booth #6.
TIBCO Spotfire Miner™ 8.1 and TIBCO Spotfire S+® Server 8.1 are
available now. For more information, visit:
http://spotfire.tibco.com/whatsnew_splus/
About TIBCO
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, TIBCO Software, TIBCO Spotfire, TIBCO Spotfire Professional, The
Power to Predict, TIBCO Spotfire Miner, TIBCO Spotfire Guided Analytics,
TIBCO Spotfire Web Player, TIBCO Spotfire S+ and S-PLUS are trademarks or
registered trademarks of TIBCO Software Inc. or its subsidiaries in the
United States and/or other countries. All other product and company names
and marks mentioned in this document are the property of their respective
owners and are mentioned for identification purposes only.
Contact Information: Media Inquiries
Amy Groden-Morrison
TIBCO Software Inc.
617-702-1710
http://spotfire.tibco.com
Jim Baptiste
Davies Murphy Group
781-418-2438
http://daviesmurphy.com
