This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

TIBCO Software Inc. - Special Call

So we've done this historically with S+ and R, and many have appreciated the value of that approach. And what we're really excited to unveil here today is that in 4.5, we've extended our ecosystem now with a new integration for SAS and for MATLAB. So SAS and MATLAB are now integrated with Spotfire, just like R and S+. So in this case, an application author in Spotfire who is already licensed to use SAS and MATLAB separately, so those are separate licenses with Spotfire, that Spotfire application author will continue to develop scripts in those other proprietary systems but they can now embed those proprietary scripts into a Spotfire app, which can then be broadly distributed to a set of business users. So just like we had with our S+ and R integrations, Spotfire version 4.5 is going to now call out also to SAS and to MATLAB, and here we're using our statistical services on server, which is going to manage the activity of the SAS and MATLAB engines. And it will bring back the result sets from those external systems.

So from a statistician's point of view, I think this is very exciting and very powerful stuff. You can now leverage your existing SAS and MATLAB investments and make them more broadly available by embedding those scripts into Spotfire. So we actually even in this release provide some sample data functions. These are basically simple tutorials to show how to call SAS or MATLAB from Spotfire.

So there's certainly lots of use cases here. But one particular that might be worth calling out would be in the life sciences area, specifically in clinical environments. In clinical, application authors in Spotfire regularly use SAS to extract data and prepare it and then do an initial analysis of that data in SAS. Now with Spotfire 4.5, those same clinicians can essentially use SAS as a data source by pulling data into Spotfire, calling out to SAS and loading existing data preprocessing scripts in SAS and pulling the results back into Spotfire. So again, separate licensing for SAS and MATLAB. But if you have those applications in-house today, you can bring those scripts and embed them into a Spotfire app and then distribute that Spotfire application to consumers who would really benefit from all the decision-making capabilities and insights that would be driven from a stats engine or a MATLAB script, so really excited about this integration here and this broadening of our ecosystem.

Read the rest of this transcript for free on seekingalpha.com

3 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG

Markets

DOW 18,165.92 +124.38 0.69%
S&P 500 2,121.95 +17.75 0.84%
NASDAQ 5,098.1080 +65.3570 1.30%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs