ThoughtSpot | May 11, 2022
ThoughtSpot, the Modern Analytics Cloud company, today announced a significant update to the organization’s platform during their annual customer conference Beyond 2022 to help organizations around the world dominate the decade of data. These new capabilities include ThoughtSpot Sync, CodeSpot, Bring Your Own Charts, new Liveboard capabilities, and multiple new SpotApps.
ThoughtSpot also announced the launch of new editions, including Team Edition, Pro Edition, and a special offer for startups, education institutions, and nonprofits, making it possible for individuals, small teams, and growth companies to take advantage of the Modern Analytics Cloud.
The dawning of the decade of data
The proliferation of cloud, mobile, and new data sources over the last ten years set the stage for transformational change for every business and sector in society. Now, the rise of new technologies like AI, web3, and 5G are taking this transformation further than ever before, creating a generational shift in power in the market, within organizations, and between consumers and brands. At the core of these shifts in power is data.
As these power shifts fundamentally reimagine the world around us, they’re creating new opportunities for businesses bold enough to reimagine themselves in kind. The new ThoughtSpot capabilities give companies a new experience layer that makes it possible to put innovation from across the modern data stack in the hands of every employee to maximize the value of all these different tools. Armed with these new functionalities, customers can confidently accelerate analytics initiatives and adopt the new rules of data as they seek to dominate the decade of data.
A deeper look
Each of the new elements launched for the Modern Analytics Cloud enables organizations, whether startups or established enterprises, to connect, build, launch, and scale the power of data in their organizations.
With multiple new integrations and expanded relationships, connecting ThoughtSpot to any data source or data platform has never been simpler. This includes:
Support for Amazon Redshift Serverless means customers can leverage the Modern Analytics Cloud to run and scale analytics on Amazon Web Services without having to provision and manage data warehouse clusters.
Snowflake Data Marketplace, including the new Snowflake Data Explorer app, gives customers the ability to create insights from third party data in the Snowflake Data Marketplace. This makes it possible to rapidly prototype insights with new data sources for leading indicators.
Databricks Partner connect gives Databricks customers the ability to launch a ThoughtSpot free trial in seconds from the Databricks console.
Support for new architectures with connectors for both Dremio and Starburst Galaxy gives customers the ability to leverage Live Analytics and accelerate value from different architectures, including data mesh and the data lake.
Build. Organizations can build products, apps, and services faster than ever with ThoughtSpot.
CodeSpot is a searchable repository of open-source ThoughtSpot blocks and code samples for developers to accelerate embedding analytics and app development with ThoughtSpot Everywhere. CodeSpot includes reusable, best practice examples of the most common development tasks, such as custom actions, visualization, API and tooling, formulas, and more.
ELT Live Analytics templates are readily available custom ELT jobs built to work with SpotApps and Matillion. Any Matillion customer can launch a new use case in a matter of minutes simply by accessing the Matillion job from CodeSpot and mapping the transaction system to your cloud data platform.
New third party data blocks leverage TML (ThoughtSpot Modeling Language) to empower customers to use external data to enrich their own proprietary data for more nuanced, meaningful insights. Data providers include Ibotta, Safegraph, Windfall, and FactSet.
Launch. Data professionals and analytics engineers are facing increasing demands from businesses to get use cases from development to production quickly. New features from ThoughtSpot arm these professionals with the capabilities they need to do so at scale. These include:
Integration with dbt, now generally available, empowers analytics engineers to translate dbt models to TML (ThoughtSpot Modeling Language). With dbt, data teams can more effectively collaborate on modeling data in the cloud data platform, then make those data models immediately consumable with ThoughtSpot.
New SpotApps make getting up and running with use case templates for critical use cases simple, dramatically accelerating time to value for customers. These new SpotApps include different templates for transaction systems like ServiceNow, Snowflake, HubSpot, Okta, Google Analytics, Google Ads, Jira, Redshift, and Databricks.
Scale. The transformative value of data can only be realized when it’s possible to scale these initiatives to every corner of the business quickly and efficiently. To make this achievable, ThoughtSpot has introduced new capabilities, such as:
ThoughtSpot Sync, which enables companies to operationalize insights by using them to automatically trigger actions in other applications and services through APIs.
Monitor, now generally available, scales analytics further by eliminating the need to even log into an analytics platform. Instead, users get automated insights that alert them to changes as they happen. Users can simply create KPIs, then the system continuously scans for changes, outliers, and anomalies. When detected, it goes further, initiating an automated change analysis to uncover the key drivers of the change then pushes all these insights to a user.
“The more we talk to customers, the more it’s clear they need an entirely new experience layer for analytics if they want to realize the potential of the modern data stack. The tools built for desktops that deliver static visualizations simply won’t cut it in the decade of data,” said Ajeet Singh, cofounder & Executive Chairman, ThoughtSpot. “With today’s new capabilities, we’re answering the call of customers. Whether they’re looking to bring insights to everyone in their organization, build products and apps with Live Analytics, or launch new use cases, we’re ready to help them make that possible with the Modern Analytics Cloud.”
“Data is a vital element of our education products and services. With ThoughtSpot, we’re able to deliver fundamentally new ways to obtain valuable data and share insights that can lead to better student outcomes,” said Patrick Deshler, SVP Technology, Survey & Document Solutions, Data Recognition Corporation. “This ability to incorporate agility directly into our product is critical to driving a differentiated experience for our customers.”
See the power of the Modern Analytics Cloud for yourself and start a 30 day free trial today.
ThoughtSpot is the Modern Analytics Cloud company. Our mission is to create a more fact-driven world with the easiest to use analytics platform. With ThoughtSpot, anyone can leverage natural language search and AI to find data insights and tap into the most cutting edge innovations the cloud data ecosystem has to offer. Companies can put the power of their modern data stack in the hands of every employee, extend the value of their data to partners and customers, and automate entire business processes. ThoughtSpot enables everyone within an organization to limitlessly engage with live data regardless of their cloud data platform, making it easy to achieve granular, actionable insights through Live Analytics. Customers can take advantage of ThoughtSpot’s web and mobile applications to improve decision making for every employee.
Piano | January 19, 2022
Piano, the Digital Experience Cloud, today announced a partnership with Snowflake, the Data Cloud company, to help businesses understand and activate their data at scale. As part of the Powered by Snowflake program, Piano leverages Snowflake as the cloud-based data platform for its sophisticated analytics tool—making it fast and easy to store, query, enrich and securely share data within the Snowflake ecosystem. These advanced capabilities enable real-time, accurate analysis of customer behavior to help organizations drive personalization at scale.
Launched in September 2021, Piano Analytics delivers a powerful analytics solution designed for broad accessibility and manipulation, regardless of an employee's level of data proficiency. By democratizing access to data, businesses can eliminate data silos and ensure all teams, from marketing to sales, data science to operations, are operating from a single source of truth. A core feature of the Piano Analytics solution is its superior data harvesting, which ensures data is clean, privacy-compliant, reliable and never sampled. This reduces risk for businesses and means they're able to confidently chart their path forward using the most accurate information at their disposal.
The Snowflake partnership improves data portability for Piano Analytics customers, who can now use Secure Data Sharing within Snowflake to easily connect their high-quality data into other systems in the Snowflake Data Cloud, such as business intelligence tools or data governance tools. This process, which can be completed in as few as two clicks, eliminates data silos within an organization, ensuring all teams can access and work from the same reliable source of information.
Thanks to Snowflake's architecture, Piano Analytics users also benefit from faster querying times, allowing teams to understand and optimize campaigns faster without compromising data quality or integrity.
"We've long admired Snowflake's leading position in the data industry. When we built our Piano Analytics platform on Snowflake, we knew it would dramatically enhance both our capabilities and our user experience. As our relationship continues, we're eager to partner with Snowflake in new ways to revolutionize how organizations work with their data and use it to create superior digital experiences for their customers."
Trevor Kaufman, CEO, Piano
Piano's tools for data analysis and activation are already used by blue chip clients in many industries, including publishing, broadcasting, financial services, travel and more, to understand their audiences and personalize customer experiences.
"The Snowflake and Piano partnership is focused on providing customers with the tools to enhance the customer experience with cutting-edge efficiency and performance," said Colleen Kapase, SVP of Worldwide Partnerships at Snowflake. "Together, we can empower joint customers to drive personalized digital strategies and connect them to other data-driven organizations through the Snowflake Data Cloud."
Learn more about this partnership during Snowflake's Media Data Cloud Summit on January 19, 2022. Piano will discuss how secure data sharing through Snowflake helps organizations put the right data in the hands of every employee.
Piano's Digital Experience Cloud empowers organizations to understand and influence customer behavior. By unifying customer data, analyzing behavior metrics and creating personalized customer journeys, Piano helps brands launch campaigns and products faster, strengthen customer engagement and drive personalization at scale from a single platform. Headquartered in Philadelphia with offices across the Americas, Europe and Asia Pacific, Piano serves a global client base, including Air France, the BBC, CBS, IBM, Kirin Holdings, Jaguar Land Rover, Linkedin, Nielsen, The Wall Street Journal and more. Piano has been recognized as one of the fastest-growing, most innovative technology companies in the world by World Economic Forum, Red Herring, Inc. and Deloitte.
Lumenore | March 31, 2022
Lumenore, which develops and markets fully integrated cloud-based business intelligence and advanced analytics solutions, introduced today a new version of its AI-driven recommendations and conversational analytics platform. Lumenore’s highly secure self-service data infrastructure delivers an enterprise data universe and organizational intelligence and dramatically simplifies decision making at all levels of the organization.
Lumenore’s platform provides seamless data acquisition, improved accessibility, and a powerful architecture for unparalleled performance. It features text and voice-based insight, utilizing natural language querying with Ask Me and automated data discovery with Do You Know to provide faster and easier access to actionable business recommendations from data.
Lumenore also announced the availability of 100 new data connectors—bringing the total to more than 150—that provide fast and seamless connectivity to leading CRM applications such as Excel, QuickBooks, Salesforce Insights and Shopify and immediately help organizations visualize metrics that matter most to a business, bridging the gap between data and decisions.
Donald Farmer Joins Lumenore as Strategic Advisor
Lumenore also announced that Donald Farmer, former Microsoft and Qlik executive and globally recognized as a visionary product leader, sought after speaker and author, has joined Lumenore as a strategic advisor. “We all know too well that the volume of data in business is almost overwhelming. But data without analysis is a wasted asset - and analysis without action is a wasted effort,” said Farmer. “We need to bridge the gap between data and decisions and it’s not enough to have a few smart analysts or data scientists."
“Lumenore has built a platform for organizational intelligence developed from a deep understanding of enterprise needs,” added Farmer. “I am impressed that their natural language capabilities are not just for cute demos but enable widespread data literacy and engagement. Similarly, their data discovery and augmented analytics features are genuinely self-service, but still built over a robust and secure data universe. It’s an impressive approach for enterprises who have struggled with the inflexibility of reporting and the risks of ungoverned self-service,” Farmer said.
“We are honored that Donald has joined Lumenore and will be advising us in our product development and go-to-market strategies,” said Anurag Shrivastava, Lumenore Founder and CEO. “The pandemic has sped up digital transformation across industries and sectors which means that we now have even more data than anticipated, and it has made consumer behavior harder to predict. The solution is not to build more dashboards, because dashboards are focused on an individual viewer, but instead empower organizational intelligence and new forms of organizational decision making, which are distributed and collaborative,” Shrivastava said. “Lumenore delivers a seamless experience to the entire team which helps them to derive insights from raw data and have a transparent view of its operations.”
Lumenore develops and markets advanced analytics and business intelligence solutions delivered through an intuitive, AI-powered platform. Lumenore’s solutions enable organizations to build their entire data universe as well as automate and optimize organizational decision-making. Lumenore utilizes a common dataset to feed its powerful platform to visualize, analyze, actionize, as well as monetize business operations.
BIG DATA MANAGEMENT
Hightouch | April 18, 2022
The leading company in the Reverse ETL space, Hightouch, has launched its Data Activation Platform. Data Activation is the method of unlocking the knowledge sorted within your data warehouse, and making it actionable by your business users in the end tools they use every day. In doing so, Data Activation helps bring data people toward the center of the business and directly ties their work to business outcomes.
"When we first started this company, people called our product Reverse ETL because they thought Hightouch simply replicated data from the warehouse into different SaaS tools like Salesforce, which is reminiscent of ETL but just the reverse," explains Co-Founder and Co-CEO Kashish Gupta. "But over time, those very same customers came back and kept finding new use cases for the Hightouch product, and our team kept executing to fill those needs, fast forward a year and a half and Hightouch became a Data Activation Platform with 5 core frameworks."
So, why "The Data Activation Company"? Gupta explains: "Data Activation is the next step in the modern data stack. Instead of simply analyzing data to make data-informed decisions, data activation shifts the focus from understanding data to taking action on data."
"The success of our product is based on owning that final mile of the data journey – your data is no longer stuck in BI and reporting tools," says Hightouch Head of Data Pedram Navid. "Instead, Hightouch quickly gets your data to the business tools, where business teams actually work – whether that's Salesforce or Hubspot, Zapier or Slack, or a myriad of marketing platforms."
"Data Activation is really important to us. Not everyone is doing their work in a BI tool—some of our employees are doing it in a CRM, email tool, or Slack and that is why Hightouch is valuable."
Rachel Bradley-HaaS, co-founder of Big Time Data and Hightouch customer
Hightouch users have created over three thousand workspaces, sending their data to over 100 available SaaS destinations – while Hightouch's engineering team has constantly taken inspiration from users' needs. "Over time, as we built new features and frameworks for moving data, our product itself began to diverge from the definition of Reverse ETL. We began to see customers create Slack bots with Hightouch, automatically assign tasks in Salesforce, and automatically generate invoices in Netsuite," says Gupta.
Hightouch, the market leading Data Activation Platform, syncs data from data warehouses directly into the SaaS tools business teams use every day. Hightouch was founded by early engineers from Segment. Hightouch has raised over $50M of funding to date from top investors like ICONIQ, Amplify Partners, Bain Capital Ventures, Afore Capital, and Y-Combinator. The start-up has experienced phenomenal growth since its launch just two years ago, working with hundreds of brands including AutoTrader, Flickr, Calendly, Ramp, and Plaid.