Tibco scoops up analytics vendor Jaspersoft for $185 million

Jaspersoft's BI tools will complement Tibco's Spotfire cloud analytics service

Tibco has acquired Jaspersoft for US$185 million in a deal that will give it a widely used embedded BI (business-intelligence) suite to sell alongside its existing Spotfire analytics product.

Jaspersoft uses a commercial open-source business model, offering a community edition of its software under the GPL (general public license) at no charge, while offering more fully featured commercial editions as well as support services.

The commercial open-source strategy will continue under Tibco's ownership, and Jaspersoft's employees will join the company, according to Monday's announcement.

Jaspersoft customers include both end-user companies and independent software vendors, who use its products to plug analytics and reporting capabilities into enterprise applications.

The Jaspersoft portfolio will complement Spotfire, which provides iterative data-discovery tools, according to Tibco.

"We believe that the combination of our companies' offerings will allow us to cover the whole of the market opportunity for analytics while providing tremendous value to the combined set of customers and prospects," Tibco Chief Operating Officer Murray Rode said in a statement.

Related: Tibco former CMO and head of social business shares why CMOs need to adapt their skills to their corporate environment

Tibco made a wise move in acquiring Jaspersoft, according to one observer.

"Spotfire is an analytics-only product," Forrester Research vice president and principal analyst Boris Evelson said via email on Monday. "It a) does not do pixel-perfect reporting (like customer statements, invoices, bills, etc)." Nor does Spotfire have an ETL (extract, transform and load) component, although Tibco has other products, such as its enterprise service bus, that perform data integration, he added. ETL prepares data for analysis and use in BI.

Jaspersoft is also integrated with Amazon's Redshift cloud data warehousing service, "so Tibco gets an instance presence in that big data in the cloud market segment," Evelson added.

"With the acquisition, TIBCO is better suited to address the reality that there are different analytic requirements within and across organizations that require different functionality and deployment options," IDC analyst Brian McDonough said in an email.

"For example, business analysts need more advanced data discovery capabilities compared to the average knowledge worker, who can be served well through access to dashboards, embedded analytics and reports," he added. "And as maturity levels change in the organization and individuals outgrow spreadsheets for their analytics needs, they can turn to visual analytics, dashboard and report development, and then move into data discovery, event analytics and more advanced decision management."

Jaspersoft recently rolled out a new version of the software that focused on ease-of-use improvements.

There have been some 16 million downloads of Jaspersoft's software, according to a statement. The company has 2,000 commercial customers.

Chris Kanaracus covers enterprise software and general technology breaking news for The IDG News Service. Chris' email address is Chris_Kanaracus@idg.com

Join the newsletter!

Or

Sign up to gain exclusive access to email subscriptions, event invitations, competitions, giveaways, and much more.

Membership is free, and your security and privacy remain protected. View our privacy policy before signing up.

Error: Please check your email address.
Show Comments

Blog Posts

Putting the ‘human element’ back in marketing

During the recent CMO Momentum conference, Paul Mitchell shared how marketing leaders can create cultures that deliver

Paul Mitchell

Managing director, The Human Enterprise

The rise and rise of voice search

In 1982, an AT&T employee by the name of Plotzke predicted the rise of voice: “In fact, it has been predicted that, by 1990, well over half the communications dollars spent by businesses will be for products and services that include voice technologies.

Michael Jenkins

Founder and director, Shout agency

Is design thinking the answer for the next generation of marketing?

The speed and pace of change will never be slower than we’re experiencing today. So in this era of unprecedented change, how can brands meet soaring consumer expectations, stay relevant and deliver differentiated and connected experiences?

Merryn Olifent

Senior consultant, G2 Innovation

Prozac is the brand name of fluoxetine, a prescription drug used to treat depression obsessive-compulsive disorder, and panic disorder. B...

jenson smith

CMO's top 8 martech stories for the week - 19 July 2018

Read more

I have been suffering from (HERPES) disease for the last two years and had constant pain, especially in my knees. During the first year, ...

Steven Kizzy

KPMG Australia appoints ex-Publicis leader as head of brand strategy

Read more

When they say they had to much focus on traditional media, this is code for very bad creative, and very bad category strategy, Clearly th...

Rob

iSelect outlines new approach to arrest ineffective marketing as its reports full-year results

Read more

play barbie games https://www.barbi-igre.net/

Karlo Bozak

Rethinking gamification in marketing

Read more

There are lots of software tools available online that can do what you are asking about and also trace the location of a cell phone and e...

Curtis Bacchus

CMO's top 10 martech stories for the week - 9 August 2018

Read more

Latest Podcast

More podcasts

Sign in