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ThoughtSpot Stock (THSP)
ThoughtSpot aims to democratize business intelligence with a search-driven approach. Ask questions in plain English and get instant insights from massive datasets. Their platform connects to any data source, which they claim empowers everyone to make data-driven decisions.
ThoughtSpot is a business intelligence and big data analytics platform that claims to help customers explore and analyze real-time business analytics data. ThoughtSpot provides a search-based data analytics platform, where users can ask natural language questions to receive insights and AI-driven reports. Additionally, users are able to drill down to line item data. ThoughtSpot connects with any on-premise, cloud, big data, or desktop data source. Additionally, the ThoughtSpot platform launched on the iOS app store for mobile devices in October 2019. The company was co-founded in 2012 by its CEO Ajeet Singh and six other technical co-founders from Google, Microsoft, Amazon, and Oracle. ThoughtSpot is headquartered in Palo Alto, CA.
About ThoughtSpot Stock
Founded
2012
Headquarters
Mountain View, CA, US
Total Funding
803M
Industries
Software, Data and Analytics, Science and Engineering
ThoughtSpot is a business intelligence and big data analytics platform that claims to help customers explore and analyze real-time business data. ThoughtSpot provides a search-based data analytics platform, where users can ask natural language questions to receive insights and AI-driven reports. ThoughtSpot connects with any on-premise, cloud, big data, or desktop data source. Additionally, the ThoughtSpot platform launched on the iOS app store for mobile devices in October 2019.
The company was co-founded in 2012 by Ajeet Singh and six other technical co-founders from Google, Microsoft, Amazon, and Oracle. ThoughtSpot is headquartered in Palo Alto, CA. Notable investors include Lightspeed Venture Partners, Khosla Ventures, and General Catalyst Partners.
ThoughtSpot Press Mentions
Stay in the know about the latest news on ThoughtSpot
ThoughtSpot adds reasoning to its conversational agent
siliconangle • Apr 10, 2025
7Dxperts Expands to Dubai to Drive Data Innovation in the Middle East
globenewswire • Apr 09, 2025
Analytics and Data Science News for the Week of November 22; Updates from insightsoftware, SAS, ThoughtSpot & More
solutionsreview • Mar 24, 2025
Data Analytics Market to Hit $303.4 Billion By 2030, Unlocking Insights with Advanced Data Analytics
einpresswire • Mar 11, 2025
Analytics and Data Science News for the Week of February 28; Updates from Deloitte, insightsoftware, ThoughtSpot & More
solutionsreview • Mar 01, 2025
Investors in ThoughtSpot
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ThoughtSpot Management
Leadership team at ThoughtSpot
Chief Executive Officer
Ketan Karkhanis
Co-founder and Executive Chairman
Ajeet Singh
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ThoughtSpot Key Facts
• The company has a strong customer base: Organizations such as Capital One and Chevron use ThoughtSpot, per the company, to democratize data access across their workforce, enabling faster decision-making and improving operational efficiency. ThoughtSpot’s implementation at companies like Walmart has enabled frontline employees to leverage data analytics effectively, driving operational efficiencies and revenue growth.
• Partnerships with major cloud providers like Google Cloud and Microsoft Azure have expanded its reach and integrated its solutions into broader enterprise ecosystems.
• Thoughtspot has has garnered industry accolades, including being named a leader in the 2024 Gartner Magic Quadrant for Analytics and BI Platforms.
• ThoughtSpot operates in a highly competitive business intelligence (BI) and analytics market dominated by well-established players like Tableau (now part of Salesforce), Microsoft Power BI, and Qlik. These competitors have significant market share, established customer bases, and robust product offerings.
• Economic uncertainties and fluctuations in IT spending could affect customer acquisition and retention rates.
• ThoughtSpot primarily targets enterprise customers who have complex data analytics needs and significant IT infrastructure requirements. The sales cycles in these markets tend to be long, and conversion rates can be unpredictable.
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