ThoughtSpot’s Search & AI-driven analytics platform aims to allow users to easily analyze data and receive business insights. The platform is a fully searchable business intelligence software, allowing users to search much like a Google search and create charts instantly. ThoughtSpot connects with any on-premise, cloud, big data, or desktop data source and deploys 85 percent faster than legacy technologies, according to the Company. ThoughtSpot's platform can connect various data sources, including but not limited to Salesforce, SAP, Amazon Web Services, Oracle and Faceboook. According to Thoughtspot, Business Intelligence and Analytics teams have used ThoughtSpot to cut reporting backlogs by more than 90 percent and make more than 3 million decisions. ThoughtSpot’s customers include Amway, 7Eleven, Hulu, OpenTable, and Bed Bath & Beyond.
ThoughtSpot was co-founded in 2012 by its Executive Chairman Ajeet Singh and six other technical co-founders from Google, Microsoft, Amazon, and Oracle. The company is based in Palo Alto, CA and is currently expanding operations in North America, Europe and Asia-Pacific. ThoughtSpot’s mission is to enable analytics at "human scale" and put search-driven analytics in the hands of 20 million users by 2020.
*Based on Preferred Stock Price, ThoughtSpot does not have a stock symbol since it is currently private and is yet to have an IPO.
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