Investment Idea Details

About the company

ThoughtSpot is a business intelligence and big data analytics platform that helps you explore, analyze, and share real-time business analytics data easily. ThoughtSpot connects with any on-premise, cloud, big data, or desktop data source and deploys 85 percent faster than legacy technologies.

Business Intelligence and Analytics teams have used ThoughtSpot to cut reporting backlogs by more than 90 percent and make more than 3 million decisions - and counting.


High competition. There are number of companies operating in Business Analytics sector, current market leaders are Microsoft, Tableau, Qlik.

Market Opportunities

The company was co-founded in 2012 by its CEO Ajeet Singh and six other technical co-founders from Google, Microsoft, Amazon, and Oracle. It is based in Palo Alto, CA and is currently expanding operations in North America, Europe and Asia-Pacific.

Financials and Valuation

The company reported 180% growth in revenue for the fourth quarter of its fiscal year ending January 31, 2018.

Global Business Analytics Software Market was valued at $45B in 2016, and is expected to reach $86B in 2023, growing at a CAGR of 10% from 2017 to 2023.

According to Research and Markets, Global Big Data Analytics Market is expected to grow at a CAGR of 30% to $41 Billion in 2023.

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