What users are saying about

Adaptive Insights<a href='https://www.trustradius.com/static/about-trustradius-scoring#question3' target='_blank' rel='nofollow'>Customer Verified: Read more.</a>

Top Rated
204 Ratings

TIBCO Spotfire<a href='https://www.trustradius.com/static/about-trustradius-scoring#question3' target='_blank' rel='nofollow'>Customer Verified: Read more.</a>

Top Rated
513 Ratings

Adaptive Insights<a href='https://www.trustradius.com/static/about-trustradius-scoring#question3' target='_blank' rel='nofollow'>Customer Verified: Read more.</a>

Top Rated
204 Ratings
<a href='https://www.trustradius.com/static/about-trustradius-scoring' target='_blank' rel='nofollow'>trScore algorithm: Learn more.</a>
Score 8.7 out of 101

TIBCO Spotfire<a href='https://www.trustradius.com/static/about-trustradius-scoring#question3' target='_blank' rel='nofollow'>Customer Verified: Read more.</a>

Top Rated
513 Ratings
<a href='https://www.trustradius.com/static/about-trustradius-scoring' target='_blank' rel='nofollow'>trScore algorithm: Learn more.</a>
Score 8.4 out of 101

Add comparison

Likelihood to Recommend

Adaptive Insights

It is well suited for mid-size companies to have a budgeting, forecasting, and reporting platform. The system needs data and someone to maintain it so it would not be well suited for a small company or one without a dedicated finance team.
Brian Kyslinger profile photo

TIBCO Spotfire

TIBCO Spotfire is perfectly suited for the data scientist and the financial analyst who is willing to go beyond simple accounting visuals. The data scientists get the entire range of job responsibilities, from data exploration to final model building to visualization. The financial analyst with a more technical background gets the ability to present financial data in a more unique way.
Thomas Young profile photo

Feature Rating Comparison

BI Standard Reporting

Adaptive Insights
9.3
TIBCO Spotfire
7.7
Pixel Perfect reports
Adaptive Insights
9.0
TIBCO Spotfire
7.3
Customizable dashboards
Adaptive Insights
10.0
TIBCO Spotfire
8.3
Report Formatting Templates
Adaptive Insights
9.0
TIBCO Spotfire
7.6

Ad-hoc Reporting

Adaptive Insights
8.0
TIBCO Spotfire
7.9
Drill-down analysis
Adaptive Insights
9.0
TIBCO Spotfire
8.4
Formatting capabilities
Adaptive Insights
7.0
TIBCO Spotfire
7.7
Integration with R or other statistical packages
Adaptive Insights
8.0
TIBCO Spotfire
7.8
Report sharing and collaboration
Adaptive Insights
8.0
TIBCO Spotfire
8.0

Report Output and Scheduling

Adaptive Insights
8.0
TIBCO Spotfire
7.9
Publish to PDF
Adaptive Insights
8.0
TIBCO Spotfire
7.9
Report Versioning
Adaptive Insights
8.0
TIBCO Spotfire
7.9
Report Delivery Scheduling
Adaptive Insights
8.0
TIBCO Spotfire
7.4
Publish to Web
Adaptive Insights
TIBCO Spotfire
8.2

Data Discovery and Visualization

Adaptive Insights
7.7
TIBCO Spotfire
8.0
Pre-built visualization formats (heatmaps, scatter plots etc.)
Adaptive Insights
7.0
TIBCO Spotfire
8.5
Location Analytics / Geographic Visualization
Adaptive Insights
8.0
TIBCO Spotfire
8.2
Predictive Analytics
Adaptive Insights
8.0
TIBCO Spotfire
7.3

Access Control and Security

Adaptive Insights
9.0
TIBCO Spotfire
8.2
Multi-User Support (named login)
Adaptive Insights
9.0
TIBCO Spotfire
8.3
Role-Based Security Model
Adaptive Insights
9.0
TIBCO Spotfire
8.2
Multiple Access Permission Levels (Create, Read, Delete)
Adaptive Insights
9.0
TIBCO Spotfire
8.2

Mobile Capabilities

Adaptive Insights
8.5
TIBCO Spotfire
6.3
Responsive Design for Web Access
Adaptive Insights
8.0
TIBCO Spotfire
7.4
Dedicated iOS Application
Adaptive Insights
8.0
TIBCO Spotfire
7.0
Dedicated Android Application
Adaptive Insights
8.0
TIBCO Spotfire
3.9
Dashboard / Report / Visualization Interactivity on Mobile
Adaptive Insights
10.0
TIBCO Spotfire
7.0

Budgeting, Planning, and Forecasting

Adaptive Insights
8.7
TIBCO Spotfire
Long-term financial planning
Adaptive Insights
8.9
TIBCO Spotfire
Financial budgeting
Adaptive Insights
8.9
TIBCO Spotfire
Forecasting
Adaptive Insights
9.1
TIBCO Spotfire
Scenario modeling
Adaptive Insights
8.3
TIBCO Spotfire
Management reporting
Adaptive Insights
8.1
TIBCO Spotfire

Consolidation and Close

Adaptive Insights
7.5
TIBCO Spotfire
Financial data consolidation
Adaptive Insights
7.9
TIBCO Spotfire
Journal entries and reports
Adaptive Insights
5.6
TIBCO Spotfire
Multi-currency management
Adaptive Insights
7.6
TIBCO Spotfire
Intercompany Eliminations
Adaptive Insights
7.5
TIBCO Spotfire
Minority Ownership
Adaptive Insights
7.1
TIBCO Spotfire
Local and consolidated reporting
Adaptive Insights
8.3
TIBCO Spotfire
Detailed Audit Trails
Adaptive Insights
8.6
TIBCO Spotfire

FInancial Reporting and Compliance

Adaptive Insights
8.3
TIBCO Spotfire
Financial Statement Reporting
Adaptive Insights
9.0
TIBCO Spotfire
Management Reporting
Adaptive Insights
8.6
TIBCO Spotfire
Excel-based Reporting
Adaptive Insights
8.5
TIBCO Spotfire
Automated board and financial reporting
Adaptive Insights
8.5
TIBCO Spotfire
XBRL support for regulatory filing
Adaptive Insights
7.0
TIBCO Spotfire

Analytics

Adaptive Insights
7.6
TIBCO Spotfire
Personalized dashboards
Adaptive Insights
7.3
TIBCO Spotfire
Color-coded scorecards
Adaptive Insights
6.8
TIBCO Spotfire
KPIs
Adaptive Insights
8.0
TIBCO Spotfire
Cost and profitability analysis
Adaptive Insights
8.1
TIBCO Spotfire
Key Performance Indicator setting
Adaptive Insights
8.0
TIBCO Spotfire
Benchmarking with external data
Adaptive Insights
7.3
TIBCO Spotfire

Integration

Adaptive Insights
8.6
TIBCO Spotfire
Flat file integration
Adaptive Insights
8.4
TIBCO Spotfire
Excel data integration
Adaptive Insights
8.7
TIBCO Spotfire
Direct links to 3rd-party data sources
Adaptive Insights
8.7
TIBCO Spotfire

Application Program Interfaces (APIs) / Embedding

Adaptive Insights
TIBCO Spotfire
6.4
REST API
Adaptive Insights
TIBCO Spotfire
6.5
Javascript API
Adaptive Insights
TIBCO Spotfire
6.5
iFrames
Adaptive Insights
TIBCO Spotfire
6.2
Java API
Adaptive Insights
TIBCO Spotfire
6.1
Themeable User Interface (UI)
Adaptive Insights
TIBCO Spotfire
6.6
Customizable Platform (Open Source)
Adaptive Insights
TIBCO Spotfire
6.3

Pros

  • Infinite ability to group accounts and departments for reporting. The only limitation is the number of ways that you think of in terms of consolidating the information.
  • Being able to build scalable, complex, distributed, budget models. With the data we can bring into the system and the formulas we can use we have all the functionality of the spreadsheet, but with the flexibility to allow leaders across the organization to participate and update their section.
  • The platform allows multiple forecast/budget versions which allows for version control and sensitivity analysis. I can lock versions from changes while quickly creating a new version to see the impact of a +or- scenario to the company’s profitability.
  • With the OfficeConnect tool we can leverage Excel to provide repeatable reports for the board and other business leaders that are repeatable from month to month. While the platform provides more flexibility than an accounting package it still has limitations. Using OfficeConnect I can leverage the power of the Microsoft suite of Excel/Word/PowerPoint directly.
Brian Kyslinger profile photo
  • Dynamic visualizations, I like that it's intuitive to flip between different ways of seeing the data until I can get the story the data is telling.
  • Importing data, I like being able to import a csv (or in the past, use custom sql to query a db) then do multiple transformations (pivot, calc cols, etc.) and create the visualizations I need. Especially beneficial that I can add to or replace the initial imported data and as long as I match the format the transformations and visualizations will update.
  • As great as it is to view data in Spotfire, the universal reporting standard is powerpoint. Spotfire does a good job allowing me to export the visualizations I have created to a format everyone can view.
David Glennon profile photo

Cons

  • The Adaptive Planning portion of the suite is very mature and has few short-comings. The biggest improvement I can think of is the ability for formulas to cross versions.
  • The Adaptive Discovery (dashboard) portion of the suite is much less mature. There are many chart types not available that are in Excel. For example, I would like to have an X-Y scatter chart to use. Also, some of the dial (chart) types have very little formatting options (like pie charts).
  • While the object of the web-based product is to eliminate paper printing, there are times when it is necessary to print financial statements. It would be nice to print directly to pdf with the ability to format the reports.
Jack Kersjes profile photo
  • Would like to be able to use network graphs without a separate license.
  • The built-in SQL in Spotfire developer is clunky, but there's no good way to debug custom written SQL.
  • Zoom on map reports is too discretized, I find I want to zoom to a point that is between two options so I end up with a visualization that is either too far away and has empty space or too close and is missing data. Geographic plotting in new to me and the crappy zoom overall feels out of place with Spotfire's general fluidity.
David Glennon profile photo

Likelihood to Renew

Adaptive Insights8.5
Based on 32 answers
We have renewed this a number of times. It fits our business model and it is now an integral part of our organization.
Harry Vasels profile photo
TIBCO Spotfire8.1
Based on 27 answers
Simply an excellent reporting and data tracking tool. Capable of exactly what it advertises (and sometimes more) for much less than its nearest competitors.
Prem S. Kumar profile photo

Usability

Adaptive Insights7.7
Based on 75 answers
There is a learning curve to using Adaptive but it is easily overcome with regular use. Once a user is comfortable with the tool it is easy to navigate and faster than moving between and maintaining multiple files as was required before Adaptive was implemented.
Justin Wade profile photo
TIBCO Spotfire8.5
Based on 21 answers
This is a wonderful product that is easy to learn. The support of the company allows users to become experts of the product in no time.
Justin Ricker profile photo

Reliability and Availability

Adaptive Insights9.1
Based on 9 answers
As far as I recall, it is always up and available when I need to use it, except obviously when it announced couple of hours of down time during its upgrade or maintenance.
Lenny Wu, MBA, MA, CPA, CGA profile photo
TIBCO Spotfire8.0
Based on 12 answers
The product on visualization is very reliable.The analytics S server for analytics also continues to be improved upon.
Prabhu Ramamoorthy profile photo

Performance

Adaptive Insights9.1
Based on 4 answers
Product performs well when making and saving changes and navigating between pages within the application
Andrew Rosenberg profile photo
TIBCO Spotfire8.9
Based on 12 answers
Considering the amount of data Spotfire supports, and the ability to connect to so many different data sources, the performance is really strong; specially, if you are working with v5.5
Shakeel Muhajir profile photo

Support

Adaptive Insights6.8
Based on 11 answers
Support requests are always handled promptly and resolved favourably.Many user support requests arise during initial deployment and use and often represent questions relating to best methods or how to approach their particular situation, which we gladly assist with as we provide the appropriate skills transfer training and assistance.As clients become more knowledgeable in working with the product suite then they tend not to ask many questions.
Greg Clarke profile photo
TIBCO Spotfire9.8
Based on 22 answers
I have had great success with the support of the product.
Justin Ricker profile photo

In-Person Training

No score
No answers yet
No answers on this topic
TIBCO Spotfire7.7
Based on 52 answers
I learned a lot and found a lot of the lessons useful. Sometimes I felt like things were moving a little fast, but it was a fairly good experience. The instructors are usually patient and willing to answer questions. I think there is a lot to learn in these sessions and it was well worth my time.
Kirk Ashdown profile photo

Online Training

Adaptive Insights8.2
Based on 6 answers
Training receives the highest rating due to the availability of Webex training from an expert at Adaptive, with several sessions tailored to specific features including personnel, capital, formulas, reporting, etc
Andrew Rosenberg profile photo
TIBCO Spotfire7.8
Based on 54 answers
The online training is good, provides a good base of knowledge. The video demonstrations were well-done and easy to follow along. Provided exercises are good as well, but I think there could be more challenging exercises. The training has also gone up in price significantly in the last 3 years (in USD, which hurts us even more in Canada), and I'm not sure it is worth the money it now costs (it is worth how much it cost 3 years ago, but not double that.)
Emilie Wheeler profile photo

Implementation

Adaptive Insights8.2
Based on 13 answers
Although having a set of spreadsheet and workbooks helps to define the logic and processes, preparing a requirements document is also an important element in a successful implementation. In addition, dedicating a knowledgeable user as part of the "Scrum" development allows focus and permits the implementation to proceed without time loss and promotes knowledge transfer. Finally, having an onsite developer speeds the process and can reduce the overall cost as well.
Bob Katz, CMA, CFM, CFP® profile photo
TIBCO Spotfire7.9
Based on 14 answers
The implementation seemed to be a smooth change.
Justin Ricker profile photo

Breadth of Deployment

It is used throughout the company in different divisions and at our corporate level. When used in a division recently the personnel from different departments directly inputted data and monitored their budget against actual. It is very user friendly and flexible.
Harry Vasels profile photo
In previous roles as well as my current vendor consultation role, I have seen Spotfire start in one business unit and expand to the entire company. Operations, research, IT, accounting, finance, and executives all end up performing ad hoc analyses or reviewing reports through Spotfire. Typically their are analysts or developers in each business unit or group that build Spotfire analyses. Decision makers typically review analyses through the webplayer. The ability to allow everyone in an organization to review visualizations is very simple through the webplayer.
Brent Meyers profile photo

Alternatives Considered

I was not involved in the selection process, but have interfaced with TM1 to our parent company. My personal experience has found Adaptive to have greater responsiveness.
Mikel Christopherson profile photo
TIBCO Spotfire has a definite advantage over competing programs due to its user-friendly interface that requires no understanding of programming language to produce effective graphs. Spotfire also excels in producing graphs that display multiple variables on all axes, which the other programs I have used generally have trouble doing in an as effective way.
Shelby Bowden profile photo

Collaboration and Sharing

Adaptive Insights7.5
Based on 17 answers
With workflow I am able to track progress on budget and forecast projects in a timely manner. There is also an organiser to track and assign tasks to users. Security is very flexible.
Robin Webber profile photo
TIBCO Spotfire7.7
Based on 35 answers
Spotfire provides multiple ways to share data across multiple user groups. It's simple to publish any analytics file to the library to allow other users to interact with the data. Multiple platforms (web application, mobile applications, and desktop) all provide similar amounts of capability to interact with the data. Bookmarking allows sharing of individual views with filters, marking, and formatting.
Willy Nunn profile photo

Data Integration

Adaptive Insights7.6
Based on 17 answers
We have used Adaptive for years and it works well as we adapt to changing business scenarios. We can make changes and see potential impacts to our business before they occur.
Harry Vasels profile photo
TIBCO Spotfire8.5
Based on 35 answers
Spotfire has a growing portfolio of native support for varying data sources. On a business user level, importing data from different file type data sources is simple and straightforward. Building information links from SQL sources etc., requires a stronger bit of IT support to get full value, but once implemented, provides significant ease of use for the business. Real time data is not yet readily available and requires workarounds to implement.
Willy Nunn profile photo

Scalability

Adaptive Insights9.1
Based on 7 answers
Adaptive is the leader and is very progressive with the product improvements that they provide.
Gary Sabulski profile photo
TIBCO Spotfire8.9
Based on 2 answers
The program has proved to be very useful and allows for analyzing various forms of data.
Justin Ricker profile photo

Return on Investment

  • Budget process has been shortened, while at the same time allowing greater detail. Visibility of prior activities across multiple years has provided greater understanding of the budget/forecast at the lower levels of the company.
  • Month End reporting cycles have been simplified and shortened. Reliability is increased as errors in data transfer between spreadsheets and/or files have been eliminated.
  • Weekly reporting to operating groups is now provided with significantly less resources in the accounting group. Accounting team members are able to concentrate more on accuracy in the accounting entries and less on data entry into reports.
Mikel Christopherson profile photo
  • I am not sure about the licensing costs.
  • We used the free Cloud version for a short duration.
  • Helped achieve the goals of the class where my students were doing data analytics in the Healthcare domain.
Kimberly Bartholomew profile photo

Pricing Details

Adaptive Insights

General
Free Trial
Yes
Free/Freemium Version
Premium Consulting/Integration Services
Yes
Entry-level set up fee?
Optional
1.  per seat, per installation
Adaptive Insights Editions & Modules
Adaptive Insights
Additional Pricing Details

Adaptive Insights More Information

TIBCO Spotfire

General
Free Trial
Yes
Free/Freemium Version
Yes
Premium Consulting/Integration Services
Yes
Entry-level set up fee?
No
TIBCO Spotfire Editions & Modules
TIBCO Spotfire
On-premise Edition
TIBCO Spotfire Platform
Please contact TIBCO sales
SaaS Edition
TIBCO Spotfire Cloud - Monthly
$2001
TIBCO Spotfire Cloud - Annual
$2,0002
TIBCO Spotfire for Amazon Web Services
$0.993
TIBCO Spotfire Cloud Enterprise
Please contact TIBCO sales
1. Per Month, Per Authoring Seat
2. Per Year, Per Authoring Seat
3. Per Hour (Starting)
Additional Pricing Details
For Enterprise engagements, please contact TIBCO directly for a custom price quote.

TIBCO Spotfire More Information