Spotfire
{{Short description|Analytics platform}}
{{Infobox company
| name = Spotfire
| logo = Logo for Spotfire.png
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| industry = Computer software
| products = [https://www.tibco.com/products/tibco-spotfire Spotfire]
| homepage ={{URL|spotfire.com/}}
}}
TIBCO Spotfire is an artificial intelligence (AI)-based analytics platform. Before being acquired by TIBCO in 2007, Spotfire was a business intelligence company based in Somerville, Massachusetts.
History
Spotfire was co-founded by Christopher Ahlberg, who later served as chief executive officer, in 1996.{{Cite book |last=Chen |first=Chaomei |url=https://books.google.com/books?id=am4OfEqLTvEC&dq=%22Spotfire%22+%22Shneiderman%22&pg=PA132 |title=Information Visualization: Beyond the Horizon |date=2006 |publisher=Springer |page=132|isbn=978-1-84628-340-6 }}{{Cite news |date=2023 |title=Christopher Ahlberg |url=https://www.bostonglobe.com/tech-power-players/year/2023/person/christopher-ahlberg-recorded-future/ |work=The Boston Globe |quote=Before starting Recorded Future in 2009, Ahlberg founded the business intelligence firm Spotfire, which was acquired by the Silicon Valley company TIBCO in 2007}} Ben Shneiderman's work on information visualization, including dynamic queries, also led to the development of Spotfire.{{Cite book |url=https://books.google.com/books?id=Y9CPDwAAQBAJ&dq=%22Spotfire%22+%22Shneiderman%22&pg=PA163 |title=Interactive Multimedia |date=1993 |editor-last=Williamson |editor-first=John |page=163|publisher=BoD – Books on Demand |isbn=978-953-51-0224-3 }}
Ahlberg returned to Sweden and developed an enhanced UNIX implementation of his visual data analysis tool, the Information Visualization and Exploration Environment (IVEE).
Spotfire was launched in mid-1996 by IVEE Development, which was renamed Spotfire Inc.[http://www.cs.umd.edu/hcil/spotfire/ Dynamic queries, starfield displays, and the path to Spotfire] (By Ben Shneiderman, February 4, 1999, updated July 26, 2007) Accessed May 18, 2009
TIBCO bought the company in 2007 for $190 million.{{Cite web|last=Alejandro Cremades|title=Christopher Ahlberg On Selling His First Business For $190M And His Second One For $780M|url=https://alejandrocremades.com/christopher-ahlberg/|access-date=2021-11-04|website=Alejandro Cremades|language=en}}[http://www.tibco.com/international/germany/news/2007/02_05_2007.jsp TIBCO kauft Spotfire]{{cite news|title=Spotfire's predictive technology helps companies mine data|publisher=CNNMoney.com |date= October 1, 2006|url=https://money.cnn.com/magazines/business2/business2_archive/2006/10/01/8387113/index.htm?source=aol_quote |quote=Spotfire, a Business-intelligence software company based in Somerville | first=Saheli S.R. | last=Datta}} In November 2011, TIBCO added business intelligence (BI) and analytics software Spotfire 4.0 with Microsoft SharePoint integration.{{Cite news|url=https://www.v3.co.uk/v3-uk/news/2124758/tibco-launches-spotfire-microsoft-sharepoint-integration|title=Tibco launches Spotfire 4.0 with Microsoft SharePoint integration {{!}} V3|website=v3.co.uk|access-date=2018-06-12|language=en|url-status=dead|archive-date=2018-06-12|archive-url=https://web.archive.org/web/20180612143640/https://www.v3.co.uk/v3-uk/news/2124758/tibco-launches-spotfire-microsoft-sharepoint-integration}}
Spotfire X was released in 2018 and introduced new AI and natural language processing capabilities.{{cite web |last=Labbe |first=Mark |date=September 17, 2018 |title=Tibco analytics capabilities get upgrade in Spotfire X |url=https://www.techtarget.com/searchbusinessanalytics/news/252448764/Tibco-analytics-capabilities-get-upgrade-in-Spotfire-X |website=TechTarget}}{{Cite journal |last=Bridgwater |first=Adrian |date=November 21, 2018 |title=Tibco combines NLQ + AI + data models in Spotfire X |url=https://www.computerweekly.com/blog/CW-Developer-Network/Tibco-combines-NLQ-AI-data-models-in-Spotfire-X |journal=Computerworld}} The launch of Spotfire 11 in 2020 featured Hyperconverged Analytics, which has been described as "the confluence of visual analytics, data science and streaming data capture in one environment". Spotfire 12, released in 2022, allowed customers to complete data-driven actions from dashboards and added new cloud-native and model operations functions.{{Cite web |last=Avidon |first=Eric |date=June 16, 2022 |title=Tibco Spotfire 12 to enable direct actions from dashboards |url=https://www.techtarget.com/searchbusinessanalytics/news/252521620/Tibco-Spotfire-12-to-enable-direct-actions-from-dashboards |work=TechTarget}}{{Cite web |last=Avidon |first=Eric |date=March 14, 2023 |title=Tibco Spotfire targets efficiency of triggering actions |url=https://www.techtarget.com/searchbusinessanalytics/news/365532513/Tibco-Spotfire-update-enables-direct-actions-from-dashboards |website=TechTarget |quote=The latest Tibco Spotfire update enables administrators to understand how end users are applying a recently launched tool that allows them to trigger actions directly from their dashboards. In addition, Tibco introduced new streaming and data science capabilities... In June 2022, Tibco previewed Spotfire 12 -- including the Cloud Actions tool. Weeks later, the vendor launched Spotfire 12 and made Cloud Actions generally available.}}
Spotfire became a business unit of Cloud Software Group in 2023.{{Cite web |last=Banks |first=Martin |date=June 15, 2023 |title=Cloud Software Group explained, with TIBCO and Citrix still very much in enterprise line of sight |url=https://diginomica.com/cloud-software-group-explained-tibco-and-citrix-still-very-much-enterprise-line-sight |work=Diginomica |quote=So what is Cloud Software Group? While being a conglomerate, the parent company of both TIBCO and Citrix, it's more than that. Many of the major product groups within those two – such as TIBCO's Spotfire and NetScaler from Citrix, are now developed into distinct business units, of which there are now eight in total.}}{{Cite web |last=Chambers |first=Alice |date=April 5, 2024 |title=Cloud Software Group invests $1.65 billion in Microsoft Azure and AI capabilities |url=https://www.technologyrecord.com/article/cloud-software-group-invests-165-billion-in-microsoft-azure-and-ai-capabilities |work=Technology Record |quote=Spotfire, a Cloud Software Group business unit, is using the Azure OpenAI service to power its new Spotfire Copilot}} The company has become an AI-powered data analytics and visualization platform. In 2023, TIBO updated Spotfire 12.2 with improved data visualization features and new data functionality.{{Cite web |last=Ghoshal |first=Anirban |date=March 14, 2023 |title=Tibco's Spotfire 12.2 release adds streaming and data science tools |url=https://www.infoworld.com/article/2338151/tibcos-spotfire-12-2-release-adds-streaming-and-data-science-tools.html |work=InfoWorld}}{{Cite web |last=Kerner |first=Sean Michael |date=March 14, 2023 |title=Tibco scales data analytics and visualization with an eye on AI |url=https://venturebeat.com/ai/tibco-scales-data-analytics-and-visualization-with-an-eye-on-ai/ |work=VentureBeat |quote=This includes an update to Spotfire 12.2 with enhanced data visualization features as well as new data functionality for developers... Spotfire was positioned as a business intelligence vendor, although the technology has steadily evolved to an AI powered data analytics and visualization platform.}} Built on Microsoft Azure's OpenAI service, the AI assistant Spotfire Copilot was introduced to improve data analysis functions.{{Cite journal |date=April 10, 2024 |title=Cloud Software Group and Microsoft Forge Strategic Cloud and AI Partnership |url=https://www.jumpstartmag.com/cloud-software-group-and-microsoft-forge-strategic-cloud-and-ai-partnership/ |quote=Additionally, Spotfire, another Cloud Software Group business, introduced a new AI assistant, Spotfire Copilot, built on Microsoft Azure OpenAI service, to enhance data analysis capabilities. |journal=Jumpstart Magazine}}
See also
References
{{reflist}}
External links
- [https://www.spotfire.com/ Official website]
Category:Business intelligence companies