- categoryBusiness Intelligence
Business intelligence (BI) software helps businesses perform data collection and recovery with ease. The process that used to lie in the hands of advanced analytics experts can now be done by businesses thanks to BI software. Business intelligence software collects, analyzes, and transforms data into useful insights for making evidence-based decision making. With data warehousing and visualization, dashboards, and reporting, users can act on market trends and customer purchasing patterns in an instant.
Use BI software to forecast revenue growth and future outcomes, resolve issues, collect data, and share information to promote evidence-based decision making.
We compare two popular business intelligence software: Domo vs. TIBCO Spotfire. We’ll evaluate their features, pricing models, and integrations to determine the more suitable software for your business. Our Technology Advisors can give you five recommendations of products when you use our free and easy-to-use Product Selection Tool.
Domo vs. TIBCO Spotfire: An overview
Domo is a cloud-based business intelligence system designed for all business sizes to provide wide data set and connector support. Use a single dashboard for making informed actions from collected insights and combine different data sets with standard SQLs. Domo consolidates business data into one self-service solution to allow for real-time, evidence-based decisions. BI-critical processes that used to take weeks can now be done in minutes or seconds at an unbelievable scale. Users can access a vast array of social sharing features for online discussions.
TIBCO Spotfire is a powerful business intelligence platform for all business sizes with smart, secure, and scalable capabilities. It uses one analytics platform for helping businesses evade risks and seize new opportunities. Use the software’s dynamic and collaborative interface with data from various sources to create easy-to-use visual dashboards and perform complex analyses. It removes IT intervention in exploring data and spotting actionable insights.
A comparison of features
Domo and TIBCO Spotfire both come with unique features for business intelligence processes.
Let’s look at Domo’s capabilities for analyzing business data:
The software comes with more than 1,000 pre-built data connectors like Salesforce and Facebook for importing data. Users can control the status of connectors and choose upload data times with a few clicks.
Use Domo for storing data from all sources in one platform that can be easily accessed without aggregate data modeling.
Domo has predictive models and data prep tools that even non-technical users can take advantage of for data preparation and processing. Textbots are provided to answer questions and provide information.
Visualize data in graphs and charts in a drag-and-drop interface with Domo’s card builder. Create stories by combining cards, images, and texts using the software’s Stories feature.
TIBCO Spotfire provides business intelligence service through its features:
· Streaming analytics:
Use TIBCO Spotfire’s real-time streaming feature to spot issues and opportunities quickly. The software processes streaming data from more than 50 sources including the Internet of Things (IoT) technology. Combine historical and current data and get alerts for major data changes.
· Predictive analytics:
Users can access the software’s machine learning functionality for detecting complex data trends and making accurate predictions. Use the Spotfire Data Functions and TIBCO Data Science Platform to calculate dashboard and report data.
· Visual analytics:
Users can choose from different visualization types for analyzing data such as heat maps, tables, and charts. Access visualizations through desktop and mobile devices or by embedding them on company websites. Add conversations and annotations to data and export reports in PowerPoint and PDF.
· Data wrangling:
Blend, clean, and make adjustments to data within the software using data sources such as relational databases, cloud applications, Hadoop, and OLAP.
· Location analytics:
The software’s interactive map recognizes state, city, and country as locations and makes route calculations.
A comparison of prices
Users can choose from Domo’s two pricing models: Professional and Enterprise. Both pricing plans come with security, advanced governance, and unlimited data and are charged on a per user, per month basis. Interested parties can contact the vendor directly to receive full pricing details and corresponding features. This ensures your business gets the necessary tools for the right price.
TIBCO Spotfire offers a 4-tiered pricing plan: Analyst, Business Author, Consumer, and Library Storage. The Analyst Plan is intended for start-ups and small businesses with 250-GB of data storage for every analyst, while the Business Author Plan comes with 100-GB of data storage for each business author seat. The Consumer Plan is intended as a view-only access to the software, requiring users to purchase one Analyst or Business Author Plan to use it. The Library Storage is suitable for larger businesses that need more storage in increments of 25-GB of additional data storage.
Subscribers enjoy free service for the first two months as an annual discount. You can try the 30-day free trial with 250-GB of data storage before subscribing to the service.
A comparison of integrations
Domo makes sure businesses can use other important apps by seamlessly integrating with:
· Google Adwords
· Microsoft Excel
TIBCO Spotfire does not have a publicly available list of integrations—a common practice among vendors. However, it welcomes requests for detailed product information from interested users.
Takeaways: Domo vs. TIBCO Spotfire
Both Domo and TIBCO Spotfire are great business intelligence software for businesses. They offer multi-tiered pricing plans, though TIBCO Spotfire’s 30-day free trial is an advantage. Both software integrate with other applications to make business processes easier. However, it’s important to know their differences when purchasing your business’s BI software.
If you own a start-up, it’s best to go for Domo because it has 1,000 pre-built data connectors for importing data and a textbot that provides answers for beginner users. This cuts expenses used for training users and lowers the software learning curve.
Regardless of business size, users can benefit from TIBCO Spotfire’s visual analytics feature to easily understand and make sense of data through heat maps, tables, and graphs. Users can access data on the go using desktop and mobile devices.
Still looking for business intelligence software? Use ourProduct Selection Tool.