TIBCO Software recently unveiled a new “approach to analytics” via TIBCO Hyperconverged Analytics, which sees the release of TIBCO Cloud Data Streams and Spotfire 11. The announcement was made at the company’s annual (and now virtual) user conference, TIBCO NOW. TIBCO Hyperconverged Analytics is the vendor’s approach for converged visual analytics, data science, and streaming across all data analytics user personas. Data Streams adds to this by enabling them to connect to real-time data streams.
TIBCO’s product capabilities are expansive, and range from data integration and API management to visual analytics, reporting, and data science. The company’s BI and analytics portfolio comes in two main iterations: TIBCO Spotfire and TIBCO Jaspersoft. TIBCO Spotfire is the company’s more modern platform. It features interactive visualization, data preparation, enterprise-class governance, and advanced analytic capabilities. TIBCO Jaspersoft supports traditional reporting and embedded BI functionality.
In a media statement about the news, TIBCO’s Chief Analytics Officer Michael O’Connell said: “With TIBCO Hyperconverged Analytics, we compress the time from business events to analysis, insight, decision and action for all kinds of data. Proven results are astounding, and we see extreme value generation across many business sectors.”
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