SUNNYVALE, Calif .– (WIRE OF BUSINESS)-ThinkSpot, 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 data decade. 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, educational institutions, and nonprofits, making it possible for individuals, small teams, and growth companies that take advantage of the Modern Analytics Cloud.
The dawn of the data decade
The proliferation of cloud, mobile, and new data sources over the past ten years sets the stage for transformational change for every business and sector in society. Today, the emergence of new technologies such as AI, web3, and 5G continues this change than ever before, creating a generation of change in market power, within organizations, and between consumers and brand. The main part of these power changes is the data.
As this power changes fundamentally rethinking the world around us, they create new opportunities for businesses brave enough to rethink themselves in kind. The new capabilities in ThoughtSpot give companies a new layer of experience that makes it possible to put innovation from the entire modern data stack in the hands of each employee to maximize the value of all the different tools. this. With these new functionalities, customers are confident that they can accelerate analytics initiatives and apply new data rules 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 businesses, to connect, build, launch, and measure the power of data across their organizations.
Connect
With so many new integrations and expanded relationships, connecting ThoughtSpot to any data source or data platform has never been easier. These include:
- Support for Amazon Redshift Serverless means that customers can use the Modern Analytics Cloud to run and measure analytics on Amazon Web Services without having to provide 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 quickly prototype insights using new data sources for leading indicators.
- Connect Databricks Partner 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 use Live Analytics and accelerate value from a variety of architectures, including data mesh and 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 analytics embedding and app development using ThoughtSpot Everywhere. CodeSpot includes reusable, best-practice examples of the most common development tasks, such as custom actions, visualizations, APIs and tooling, formulas, and more.
- ELT Live Analytics the templates are easily accessible with custom ELT jobs built to work with SpotApps and Matillion. Any Matillion customer can launch a new use case in minutes simply by accessing Matillion’s work from CodeSpot and mapping the transaction system to your cloud data platform.
- New third party data blocks use 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 faced with increasing requests from businesses to quickly get use cases from development to production. New features from ThoughtSpot give these professionals the skills they need to make it to scale. These include:
- Integration with dbt, now available in general, empowers analytics engineers to translate dbt models into TML (ThoughtSpot Modeling Language). With dbt, data models can collaborate more effectively on data modeling on the cloud data platform, then make those data models immediately available in ThoughtSpot.
- New SpotApps simplify setup and operation with use case templates for critical use cases, dramatically speeding up value time for customers. These new SpotApps include various templates for transaction systems such as ServiceNow, Snowflake, HubSpot, Okta, Google Analytics, Google Ads, Jira, Redshift, and Databricks.
Scale. Data value transformation is only possible when it is possible to scale these initiatives to every corner of the business quickly and efficiently. To make it reachable, ThoughtSpot has introduced new capabilities, such as:
- ThoughtSpot syncwhich allows companies to implement insights by using them to automatically trigger actions in other applications and services via APIs.
- Bring Your Own Charts gives users the freedom to engage and see their insights in completely new ways using the best possible chart, graph, or visualization. With Bring Your Own Charts, customers can bring any visualization from another javascript or d3 library directly into ThoughtSpot’s interactive, Live Analytics experience.
- Keep track, now available in general, analytics is more scalable by eliminating the need to log in to an analytics platform. Instead, users get automated insights that alert them to changes as they occur. Users can only create KPIs, then the system continuously scans for changes, outliers, and anomalies. Once detected, it will grow further, initiating an automated change analysis to discover the key drivers of change and then pushing all of these insights to a user.
“The more we communicate with customers, the clearer they need a completely new layer of experience for analytics if they want to realize the potential of the modern data stack. Tools made for desktops that deliver static visualizations just don’t cut it with decades of data, ”said Ajeet Singh, cofounder and Executive Chairman, ThoughtSpot.“ With today’s new capabilities, we’re answering the call Whether they want to bring insights to everyone in their organization, build products and apps using Live Analytics, or launch new use cases, we’re ready to help them make that possible with the Modern Analytics Cloud. ”
“Data is an important element of our education products and services. At ThoughtSpot, we deliver innovative ways to capture 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 directly integrate agility into our product is critical to driving a unique experience for our customers.”
See the power of the Modern Analytics Cloud for yourself and start a 30 day free trial today.
About ThoughtSpot
ThoughtSpot is the Modern Analytics Cloud company. Our mission is to create a more reality -based world with the easiest to use analytics platform. With ThoughtSpot, anyone can use natural language search and AI to find data insights and tap into the best 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 the entire business process. ThoughtSpot allows everyone within an organization to have unlimited access to live data regardless of their cloud data platform, making it easy to achieve granular, actionable insights through Live Analytics . Customers can take advantage of the ThoughtSpot web and mobile application to improve decision making for every employee. Using ThoughtSpot’s developer-friendly platform, ThoughtSpot Everywhere, customers can also bring the Modern Analytics Cloud to their products and services, engaging users and keeping them coming back for more. Organizations such as Walmart, BT, T-Mobile, Snowflake, HubSpot, Exxon, Daimler, Medtronic, Hulu, Royal Bank of Canada, Nasdaq, OpenTable, Workato, and Nationwide Building Society are relying on ThoughtSpot to change how we take advantage of their employees and customers the data. See for yourself and try ThoughtSpot today.