In Predictive
Analytics software, several algorithms are used on
structured and unstructured data for extracting business insights. Predictive
analytics gives users flexible and scalable solutions that they can use for
taking better business decisions. Predictive analytics solutions are used to understand
customer perception better, which provides an edge to companies.
TIBCO
Software Inc. is recognized as an Innovator by 360Quadrants.
It provides comprehensive analytics solutions that allow for swift and easy
visualization of new discoveries in data. Using its built-in AI engine’s search
and recommendation abilities, users can explore data and generate insights. As
an Innovator, TIBCO is classified as a vendor that has demonstrated notable product
innovation compared to its competitors.
Some significant developments
of TIBCO Spotfire include the following
TIBCO acquires SnappyData, platform for high-performance in-memory
data
TIBCO Software Inc. is an industry leader
in API management, integration, and analytics. It has completed acquisition
formalities for SnappyData, a move that will complement its Connected
Intelligence platform with an amalgamated analytics data fabric that gives a
boost to analytics, data management, data science, and streaming for several different
use cases that require agility, speed, and volume. Customers will receive benefits
in the form of interactive, streaming, and transactional analytics in one combined
system. This will allow delivery of quicker insights from sizable volumes while
keeping the total cost of ownership under control through performance and simplified
administration. This results in an increase in performance and speed by up to 20
times compared with native Apache Spark while scaling to provide support for large
stores compatible with Spark.
The SnappyData platform offers Enterprise
and Open Source products that have several applications in IoT and throughout industry
verticals, including financial services, manufacturing, and telecom. This
acquisition allows TIBCO to add these solutions to its portfolio and
subsequently enhance existing offerings.
This acquisition makes TIBCO 100%
compatible with the Apache Spark open source ecosystem. SnappyData puts the prevalence
of Apache Spark and Apache Spark Streaming to use by combining the Apache Spark
stack and Apache’s distributed in-memory database, Apache Geode. The solution makes
TIBCO's open source portfolio more robust.
TIBCO acquires Orchestra Networks, an industry leader in master
data management
TIBCO Software has acquired Orchestra
Networks, a leading provider of solutions for master data management (MDM) and
an innovator in the field of data asset management. Through this acquisition, TIBCO
will extend its Connected Intelligence platform by adding trusted shared data
assets for use in critical analytics and operational processes that drive transformation
and innovation.
Through its EBX platform, Orchestra
Networks provides a single solution for managing, governing, and sharing of all
master data, metadata, and reference data assets. Several organizations undertake
independent management of these shared data assets, thus incurring higher costs
and greater risk while operating at lower speeds.
A global leader in hospitality uses EBX for the uniform management and distribution of master data across its web and mobile applications. The market-leading features of EBX give further strength to TIBCO's data management portfolio, which includes TIBCO MDM and TIBCO Data Virtualization.
360Quadrants lists competitors of TIBCO in the predictive
analytics software
space.
