On March 14, 2023, TIBCO, a leading data connectivity, management, and analytics solutions provider helping businesses solve complex data challenges, announced a set of updates to its analytics suite. These updates aim to provide customers with immersive, real-time analytics that empower them to make better business decisions with confidence and impact benefiting from smarter and faster insights. The enhancements to TIBCO's analytics solutions, including TIBCO Spotfire, narrows the gap between action and insight, building on data science capabilities to accelerate time-to-decision and reduce operational costs.
The TIBCO Data Management and Analytics portfolios provide a streamlined user experience by combining data management, visual analytics, streaming, and data science capabilities to improve business outcomes.
TIBCO's analytics solutions have been enhanced to further support clients on their digital journeys, including upgrades to the following offerings:
TIBCO Spotfire 12.2- offers a scalable, self-service analytics platform with built-in governance that enables human and automated decisions. TIBCO Spotfire Cloud Actions allows users to trigger actions and transactional workflows within the platform, bridging the gap between insight and decision. The application's new native TIBCO ModelOps capabilities deliver AI model management for real-time data science predictions. Additionally, Spotfire deployments are now managed natively in the cloud, reducing the cost of ownership and improving the user experience of IT and systems staff.
TIBCO Streaming- now includes dynamic learning, which automates data analytics calculations and management on real-time events, expanding business intelligence into low-latency operational use cases such as IoT and edge sensors. In addition, Spotfire serves as a decision and control hub, making both human-in-the-loop monitoring and consistent automated decisions more efficient.
TIBCO Data Science- Team Studio bolsters TIBCO's mission to democratize data science at scale, offering end-to-end lifecycle support for data access, preparation, feature engineering, management, model training, inference, and operations deployment. Updates consist of a new Apache Spark 3 workflow engine, TIBCO Data Virtualization for data management, and a new operator framework that enables workflows to execute as a single Spark application, thereby improving performance. The updates also provide greater interoperability with TIBCO Spotfire and TIBCO Data Virtualization, thus allowing users to control data preparation, feature engineering, training, and inference at scale within the Spotfire user interface. In the context of the business challenge at hand, end-user apps can train models, make predictions, summarize the data, and use data science approaches.
About TIBCO
TIBCO is a global leader in data connectivity, management, and analytics, providing innovative solutions that empower enterprises to solve complex data challenges and make critical business decisions with greater confidence and impact. Focusing on delivering seamless user experiences, its Data Management and Analytics portfolios combine visual analytics, data management, streaming, and data science capabilities to drive better business outcomes. With a focus on delivering immersive, intelligent, and real-time analytics, TIBCO is at the forefront of the data management and analytics industry, providing cutting-edge solutions to customers worldwide.