Tibco and Predictive Analytics
February 25, 2015
Business intelligence and infrastructure firm Tibco has been busy making deals lately. A press release at Digital Journal tells us that “Tibco and Lavastorm Analytics Announce Predictive Analytics Environment that Enhances IT and Business Collaboration.” Shortly thereafter, Virtual-Strategy Magazine reveals in its post, “Pilgrim Launches BI Solution for Quality Performance Insights,” that Tibco’s tech will underpin Pilgrim’s new platform.
The Digital Journal article discusses the embedding of Tibco’s TERR engine into Lavastorm’s Analytics Engine:
“The predictive analytics capability of TERR enhances the Lavastorm Analytics Engine’s drag-and-drop data assembly and analytical capabilities providing a high-performance, highly-scalable implementation of the popular R statistical computing language. Data scientists can now leverage R to apply predictive analytical techniques and package them into reusable analytic building blocks that enable rapid self-service data analysis by business users seeking insights and increased business efficiency.”
Meanwhile, the Virtual-Strategy post describes Pilgrim’s SmartSolve BI suite:
“SmartSolve BI is powered by TIBCO Spotfire technology. Its analytic and visualization engine is coupled with the proven capabilities of SmartSolve, Pilgrim’s quality management solution. Its numerous quality management metrics and dashboards enhance clients’ access to, and visibility of, their quality and compliance results and trends. Transforming this data with SmartSolve BI drives a multitude of analytical advantages including improved decision making with built-in quality KPIs and prebuilt dynamic dashboards that display a variety of sophisticated charts, graphs, plots and tables.”
Launched in 1997 and headquartered in Palo Alto, California, Tibco provides infrastructure and business intelligence solutions to businesses in several industries around the world. TERR, by the way, stands for the Tibco Enterprise Runtime for R; it is one of many Tibco products.
Lavastorm Analytics emphasizes data aggregation and user-friendly reports. Besides analytics and BI, the company offers tools for fraud management, data discovery, and revenue assurance. Lavastorm was founded in 1999, and is headquartered in Boston, Massachusetts.
Operating out of Tampa, Florida, Pilgrim focuses on risk, compliance, and quality management software for highly regulated industries around the world. They also happen to be hiring for several positions as of this writing.
Cynthia Murrell, February 25, 2015
Sponsored by ArnoldIT.com, developer of Augmentext
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Tibco and Predictive Analytics : Stephen E. Arnold @ Beyond Search