TIBCO Spotfire Positioned in Visionaries Quadrant in 2008 Business Intelligence Platforms Magic Quadrant
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Independent Analyst Research Firm's Evaluation Based on Completeness of Vision and Ability to Execute
SOMERVILLE, Mass., Feb. 5 - Spotfire, a division of TIBCO Software Inc. (NASDAQ:TIBX), today announced it has been positioned in the Visionaries quadrant in Gartner, Inc.'s recently released Business Intelligence Platforms 2008 Magic Quadrant.(1) Vendors were evaluated based on their completeness of vision and ability to execute.
According to Gartner, "BI platforms enable users to build applications that help organizations learn and understand their business." The TIBCO Spotfire enterprise analytics platform for pervasive BI enables every user in the enterprise to gain more insights from the data they work with every day.
"Customers are embracing the promise of pervasive BI -- where everyone is equipped to discover new insights -- and Spotfire's combination of in-memory analytics and interactive visualization for building and sharing analytic applications," said Christopher Ahlberg, president, Spotfire Division.
Before Spotfire, the ability for business professionals to discover insights in the information they work with daily was limited by backlogs for static reports from traditional BI systems or by ubiquitous and overwhelming spreadsheets. With the interactive and visual Spotfire platform, enterprises can eliminate these issues by using the extensive customization capabilities to make analysis a part of any business process, then broadcast personalized and updated data to information consumers automatically.
The "Magic Quadrant for Business Intelligence Platforms, 1Q08" report is available directly from Gartner. Please note you may have to pay a fee to gain access to the report in its entirety.
(1) Gartner, Inc., "Magic Quadrant for Business Intelligence Platforms,
1Q08, K. Schlegel, B. Hostmann, A. Bitterer, January 2008
About Gartner's Magic Quadrant
The Magic Quadrant is copyrighted January 2008 by Gartner, Inc. and is reused with permission. The Magic Quadrant is a graphical representation of a marketplace at and for a specific time period. It depicts Gartner's analysis of how certain vendors measure against criteria for that marketplace, as defined by Gartner. Gartner does not endorse any vendor, product or service depicted in the Magic Quadrant, and does not advise technology users to select only those vendors placed in the "Leaders" quadrant. The Magic Quadrant is intended solely as a research tool, and is not meant to be a specific guide to action. Gartner disclaims all warranties, express or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
About Spotfire
Spotfire, a division of TIBCO Software Inc., is a leading provider of enterprise analytics software for next generation business intelligence. Spotfire offers 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://www.spotfire.com/.
FCMN Contact: bmenard@daviesmurphy.com
Source: Spotfire
CONTACT: Jim Baptist of Davies Murphy Group, Inc.,
+1-781-418-2438, spotfire@daviesmurphy.com;
Amy Groden-Morrison of TIBCO
Spotfire Division, +1-617-702-1710, amorriso@tibco.com
Web site: http://www.spotfire.com/
