Item: Spotfire Streaming
Rating: 9
Author: Verified User

Use Cases and Deployment Scope

I'm building a stock trading/securities trading solution using Spotfire Streaming for one of our local customers. We have also built a solution around a stock trading platform which can be readily used by any Indian Stock Broking firm(s). The solution along with other Spotfire and non-Spotfire technologies thrives to achieve millisecond-level latency to beat the industry stalwarts.

Pros and Cons

Event Streaming Capabilties
Low level latency
Improved Java - JRE for the best performance
UML Like coding which reduces dependency on hard-core developers
Hundreds of connectivity options by way of providing adapters. Building custom adapters are also easy.
Provides industry standards and scientific functions out of the box.

A web-based UI for canvas
Hot deploy available out of the box
Tighter web-service coupling
Deploying on docker/kubernetes containers

Return on Investment

Extremely positive as business of the customer grew very well.
It allowed central monitoring of the entire trading floor
It also reduces the amount of hardware required for the solution to run.

Alternatives Considered

Drools and Oracle Streaming Analytics

Other Software Used

TIBCO FTL, MongoDB, Drools

Likelihood to Recommend

Suitable: 1) Stock Trading, 2) Gaming, 3) Reasoning Skills, 4) IoT Integrations, 5) RealTime monitoring, 6) Gambling, 7) Vehicle/Traffic Monitoring solutions can easily be built with Spotfire Streaming Less Appropriate: 1) Solutions which can't execute on lower footprint like Raspberry Pi 2) Dynamic Rules where business changes are on-demand or frequent. 3) Cost is a huge factor in decision 4) Process Monitoring solutions are less appropriate for Spotfire Streaming usage.

Training Types Used

Self-taught

Due to my previous experience with TIBCO, I'm well aware of TIBCO Streambase and its capabilities. Additional trainings did help and TIBCO Support was always friendly in explaining the product features.

In-Person Training

Online Training

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Manish Patel
commented 6 years ago
Thanks for the good review! We are glad you like our Performance, low-latency and Connectivity. We take your feedback seriously as we are continuously improving Spotfire Streaming. In regards to the areas of enhancements you mentioned (more integration with other technologies, better documentation), have you considered submitting or voting for them in the Spotfire Ideas portal (ideas.spotfire.com)? The Spotfire Idea portal allows you to submit your own ideas, vote on suggestions from others and easily see when one of your ideas have been implemented. Regarding the container/docker support - Recently GA'ed - Spotfire Streaming edition SB10 is fully Cloud-enabled with support for building and deploying applications as docker images to a wide variety of cloud operating environments. SB10 is a major upgrade to the way Spotfire Streaming applications run, moving from a single execution engine model to integrated support for clustered operation, which provides powerful features for enterprise applications, such as automatic transactionality and built-in support for continuous availability, Fault Tolerance and Disaster Recovery. At the same time, SB10 enhances the easy to use Spotfire Streaming Studio programming interface that allows developers to quickly build the business logic of a streaming analytics application with drag and drop efficiency.

Event Streaming platform built right

Overall Satisfaction with Spotfire Streaming