Best tool on the market for data mining and data analysis!
Updated August 03, 2017

Best tool on the market for data mining and data analysis!

Razvan Bulgariu | TrustRadius Reviewer
Score 10 out of 10
Vetted Review
Verified User

Overall Satisfaction with Spotfire

Currently I am in progress of implementing the Spotfire globally in OMV E&P due to the fact that the product brings flexibility in visualization and data mining. The product will be used to create visualizations/analysis which will support decision makers to make the right decision at the right time. It adresses the entire OMV E&P investment portfolio.

Pros

  • Main strengths are easy configurable graphs/visualizations
  • Fast filtering and accessible data mining
  • Easy deployment on web for users' access
  • Easy configurable user access levels

Cons

  • Preconfigured creaming curves graphs (at the moment you need to build several formulas in order to build such a graph)
  • Preconfigured waterfall graphs
  • Drill up and down functionalities on all graphs allowing the user to drill from one tab to the other (currently partially available)
I am currently using data from several sources like Palantir PLAN and Excel, and the product works perfectly with this two sources. It is easy to manage data access and merge data from these sources.
From an access perspective the tool is great, easy deployment on the web, and easy setup of the user access levels. It has a user friendly interface. Anyone can do it with minimal or no training. It's very intuitive.
  • More user friendly Interface.
  • Easier to configure the access to data bases and other data types.
  • Easier to build aggregations within the graphs.
Data mining and Analytics, Dashboarding is perfectly fitted.
Less Appropriate in building graphs which are not pre-build into the tool (e.g. Waterfall graphs, creaming curves...).Drill down graphs/tabs.

Using Spotfire

20 - Mostly are from Production, Portfolio and Exploration
3 - IT guys from a database connection perspective. The rest is quite intuitive.
  • Visualization of Portfolios development and Portfolio drill down and analysis
  • Rank and cut of projects based on creaming curves
  • Performance management tracking and reporting
  • Portfolio visualizations
  • Planning discussions
The possibility of importing coordinates from GIS system/also using Spotfire coordinates and existing maps in coordination of multi layer Graphs possibility creates a comprehensive message to the user (e.g. possibility of creating exploration blocks on maps and link them with the data behind..).

Evaluating Spotfire and Competitors

Yes - Microsoft BI. Due to development costs and also dependence on vendor for setting up dashboards.
  • Product Features
  • Product Usability
  • Product Reputation
  • Analyst Reports
  • Third-party Reviews
Easy usability of the product full integration with Palantir PLAN, easy configurable interfaces with db.
Looking at price of the licence on user side I might have a second thought on it.

Using Spotfire

ProsCons
Like to use
Easy to use
Technical support not required
Well integrated
Consistent
Quick to learn
Convenient
Feel confident using
Unnecessarily complex
For easy configurable visualizations, user friendly interface. You can discover the product without any trainings at all.

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