How does ThoughtSpot BI & Analytics score on certain components?
In our survey we also analyzed the various tools of ThoughtSpot software. We examined no less than 720 aspects. The chart below shows the strengths and weaknesses of ThoughtSpot Business Intelligence, compared to key competitors. Please note that Passionned Group is 100% independent of the suppliers in our guide. We do not sell licenses, we do not make deals or have done business with the supplier. Among other things, we help and advise companies in the proper selection of BI tooling.
Figure 1: Scorecard of the BI provider ThoughtSpot. The best supplier on a particular topic gets a maximum of 100 percent. Source: the BI & Analytics Guide 2023. Do you want to take a deep dive into the survey structure? Click here to download this guide.
The ThoughtSpot analysis was compiled by collecting a lot of public big data and from there it was thoroughly analyzed. More than 4,057 documents have been scanned from this software vendor in recent times. In this analysis process both algorithms as a senior expert played a key role in finalizing the validation process.ThoughtSpot BI & Analytics in our BI & Analytics Guide 2023. In our 100% vendor-independent BI & Analytics Guide we have collected all the ins and outs of ThoughtSpot BI & Analytics for you.
ThoughtSpot and their complete BI & Analytics product portfolio
The software company ThoughtSpot carries (a minimum of) 5 products in the realm of BI & Analytics. Based on relevance we list the products below:
What is ThoughtSpot Business Intelligence?
We don’t reveal everything here but, in this paragraph, we provide a description of ThoughtSpot Business Intelligence, including some of its features and any related products. This product group consists of ThoughtSpot Embrace, SpotIQ, ThoughtSpot DataFlow and ThoughtSpot mobile. This product can be best defined by the following functionalities:
- analytics
- business intelligence
- artificial intelligence > algorithms
- data governance > data management > data transformations
- data governance > data quality > data cleansing
- data discovery > analysis
- artificial intelligence > natural language processing > natural language
- artificial intelligence > data mining
- BI infrastructure > repository
Do you want to know everything about all the functionalities (100+) of ThoughtSpot Business Intelligence? In that case order the BI & Analytics Guide™ 2023 here.
Are you considering hiring an expert in ThoughtSpot Business Intelligence?
Do you want to hire a freelance ThoughtSpot Business Intelligence developer who can help you get started and implement an ThoughtSpot Business Intelligence application? Or do you want to develop an application for one of the related products like SpotIQ? Our specialists are happy to assist you. Indeed, hiring ThoughtSpot Business Intelligence developers is sometimes cumbersome and expensive. Leave a message here and we will explore the possibilities of cooperation with you.
What is ThoughtSpot Embrace?
Other names by which this software product is known: Embrace
In this paragraph, we describe ThoughtSpot Embrace, including some of its features and any related products. The product ThoughtSpot Embrace can be best characterized by the following characteristics:
- analytics
- data connectivity > Teradata
- data integration > data warehousing
- data connectivity > Google BigQuery
- data connectivity > Amazon Redshift
- data discovery > analysis
- artificial intelligence
- BI infrastructure > scalability > Amazon Web Services
- data integration > data warehouse > cloud data warehouse
- analytics > advanced analytics > augmented analytics
Are you curious about all characteristics (100+) of ThoughtSpot Embrace? Download the BI & Analytics Guide™ 2023 here.
What is SpotIQ?
In this section, we portrait SpotIQ, including some of its features and any related products. This product / group of products can be best characterized by the following characteristics:
- data discovery > analysis
- analytics
- AI
- artificial intelligence > R
- artificial intelligence > algorithms
- analytics > analytics platform
- data integration > data warehousing
- artificial intelligence > machine learning
- data governance > data management > SQL
Are you curious about all elements (100+) of SpotIQ? Then download our BI & Analytics Guide™ 2023 here.
What is ThoughtSpot DataFlow?
Under this heading, we describe the key elements of ThoughtSpot DataFlow, including some of its features and any related products. This product can be characterized by the following features:
- BI infrastructure > authentication > SSO
- data connectivity > PostgreSQL
- data discovery > analysis
- BI infrastructure > authentication > Single Sign-On
- analytics
- AI
- performance optimization > in-memory
- performance optimization > caching
- data integration > data warehouses
- analytics > analytics platform
Do you want to know the intricacies of all properties (100+) of ThoughtSpot DataFlow? In that case open the BI & Analytics Guide™ 2023 here.
What is ThoughtSpot mobile?
We do not display here all the features but, in this paragraph, we provide a description of ThoughtSpot mobile, including some of its features and any related products. The product ThoughtSpot mobile can be defined by the following features:
- BI infrastructure > operating systems > iOS
- analytics
- mobile business intelligence > Android
- mobile business intelligence > iPhone
- data discovery > share insights
- data governance > data management > MDM
- data connectivity > native
- mobile business intelligence > iPad
- data connectivity > connectivity
- data connectivity > Slack
Are you curious about all the functionalities (100+) of ThoughtSpot mobile? Then download our BI & Analytics Guide™ 2023 here.
Innovations of ThoughtSpot Business Intelligence-tools and the version history
Recently, we see a positive evolution in relation to BI & Analytics functionality and support for various platforms and data sources. The latest innovations are in the areas of self-service BI > self-service reporting, data governance > data catalog and multidimensional models > OLAP > OLAP cubes.
We reviewed ThoughtSpot’s most recent releases of the total product range. Below you can see the successive versions of all the ones known to us BI & Analytics products of ThoughtSpot:
- SpotIQ: 101 9.6.0
- ThoughtSpot Business Intelligence: 8.8.1 6.3 6.2 6.1 6.0.5 6.0.4
- ThoughtSpot mobile: 2.0
Behind each product are the version numbers, the most recent updates are listed first.
What are the licensing costs of ThoughtSpot Embrace, SpotIQ and ThoughtSpot DataFlow?
It is difficult to determine exactly what a license of ThoughtSpot Embrace, SpotIQ and ThoughtSpot DataFlow costs because it depends on the country, the number of users (also consider the amount of CPUs for server versions), the connectors to data sources, and at what point in the year you request a quote. If you do this a few weeks before the end of ThoughtSpot’s fiscal quarter, you may be in for a decent discount. In addition, it makes sense running the software in the cloud, for the most part, you only pay for your consumption then. The purchase cost of ThoughtSpot Embrace, SpotIQ and ThoughtSpot DataFlow may not be the single largest expense, but maintenance and support do return each year.
What makes ThoughtSpot BI & Analytics innovative
In our study, we see that ThoughtSpot in the field of BI & Analytics software has several specific features which may be the deciding factor in purchasing. This makes ThoughtSpot Business Intelligence more or less unique: correlation analysis, regression line, decision intelligence, KPI charts and candlestick charts.
The advantages and disadvantages of ThoughtSpot Business Intelligence
Figure 11: Tag cloud of the developed and less developed aspects of ThoughtSpot BI & Analytics
In the following paragraphs, we name all the advantages and disadvantages of ThoughtSpot BI & Analytics, ThoughtSpot Embrace, SpotIQ and ThoughtSpot DataFlow, et cetera. The listing in the following paragraphs is subject to change, because: ThoughtSpot wants to gain a better position in the market, of course, and works continuously to improving existing and developing functionality that closes the gaps in the product portfolio at this time (such as support for Python, OLAP, Sharepoint, CRM, cube, scalability, streaming, IoT, Kerberos and iOS).
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1. ThoughtSpot Self-service BI
The company has a good performance in our objective BI & Analytics survey on the section ‘Self-service BI’. The score amounts to 60%, compared to other vendors. We used the following selection criteria: self-service data preparation, self-service reporting, self-service data discovery, self-service data analytics, self-service data visualization and self-service data exploration. In total, we examined 14 aspects in this category. Would you like to go into more depth with the topic ‘Self-service BI’? Then download here our BI & Analytics Guide 2023.
2. ThoughtSpot Business Intelligence
ThoughtSpot has a moderate rating in our objective BI & Analytics survey on the subject ‘Business Intelligence’. The company scores 44% on this topic, compared to other vendors. The following criteria were used: reporting and dashboards. In doing so, we studied the following products: ThoughtSpot Business Intelligence. In total, we examined 73 features within this discipline. Would you like to learn more about the topic ‘Business Intelligence’? Then download here our BI & Analytics Guide. Or take a deep dive in the following content:
3. ThoughtSpot BI Infrastructure
The vendor ThoughtSpot has a moderate rating in our study on the subject ‘BI Infrastructure’. The score amounts to 43%, compared to other vendors. We used the following selection criteria: infrastructure and repository. In total, we examined 162 criteria in this category. Would you like to become more proficient in the topic ‘BI Infrastructure’? Then download here our BI & Analytics Guide.
4. ThoughtSpot Performance Optimization
ThoughtSpot has a moderate performance in our 100% vendor-independent BI & Analytics survey of the theme ‘Performance Optimization’. The company scores 41% on this topic, compared to other vendors. We looked at the following criteria, among others: data pipelines, materialized views, quantum computing, cached data and cache settings. In total, we examined 29 aspects in this category. Are you planning to specialize further in the topic ‘Performance Optimization’? Then download here our BI & Analytics Study.
5. ThoughtSpot Data Governance
The vendor ThoughtSpot has a moderate score in our independent BI & Analytics survey on the subject ‘Data Governance’ with a score of 37%, relative to other vendors. We looked at the following criteria, among others: data encryption and data acquisition layer. In total, we examined 91 criteria within this section. Are you planning to specialize further in the topic ‘Data Governance’? Then download here our BI & Analytics Study 2023.
6. ThoughtSpot Data Discovery
The company has a moderate performance in our study on the section ‘Data Discovery’ with a score of 37%, compared to other vendors. The following criteria were used: time series, data visualization, notifications, standard deviation, data storytelling and share insights. In total, we examined 398 criteria within this section. Would you like to learn more about the topic ‘Data Discovery’? Then download here our BI & Analytics Guide 2023.
7. ThoughtSpot Data Connectivity
The company has a moderate rating in our objective BI & Analytics survey of the theme ‘Data Connectivity’. The score amounts to 36%, compared to other vendors. We used the following selection criteria: Sharepoint, connectivity, native, Teradata, Google Analytics, Amazon Redshift and PostgreSQL. In total, we examined 91 criteria in this category. Would you like to go into more depth with the topic ‘Data Connectivity’? Then download here our BI & Analytics Guide 2023.
8. ThoughtSpot Decision Management
The vendor ThoughtSpot has a moderate rating in our recently updated, independent BI & Analytics study on the section ‘Decision Management’. The company scores 35% on this topic, compared to other vendors. We used the following selection criteria: performance management, decision support, decision-making platform, decision intelligence, decision optimization, enterprise decision management and real-time decisioning. In total, we examined 30 features within this discipline. Would you like to go into more depth with the topic ‘Decision Management’? Then download here our BI & Analytics Guide. Or take a deep dive in the following content:
9. ThoughtSpot Data Integration
ThoughtSpot has a moderate score in our objective BI & Analytics survey on the section ‘Data Integration’. The company scores 33% on this topic, compared to other vendors. We looked at the following criteria, among others: data warehousing, data hub, data virtualization, data integration platform, data wrangling, cross-database joins and Extract-Transform-Load. In total, we examined 76 features within this discipline. Would you like to delve further into the topic ‘Data Integration’? Then download here our BI & Analytics Study 2023.
10. ThoughtSpot Big Data
The vendor ThoughtSpot has a moderate performance in our objective BI & Analytics survey on the section ‘Big Data’ with a score of 31%, relative to other vendors. We looked at the following criteria, among others: IoT, streaming, big data analytics, unstructured data, complex data and data lakes. In total, we examined 59 selection criteria within this main theme. Would you like to learn more about the topic ‘Big Data’? Then download here our BI & Analytics Study. Or take a deep dive in the following content:
11. ThoughtSpot Analytics
The company has a moderate rating in our current BI & Analytics survey of the theme ‘Analytics’ with a score of 30%, relative to other vendors. We considered the following factors: analytics platform, customer analytics, retail analytics, marketing analytics and quality analytics. In doing so, we assessed the following four products: ThoughtSpot Business Intelligence, SpotIQ, ThoughtSpot Embrace and ThoughtSpot mobile. In total, we examined 130 criteria in this category. Would you like to become more proficient in the topic ‘Analytics’? Then download here our BI & Analytics Guide.
12. ThoughtSpot Real-time Analytics
The company has a poor score in our independent BI & Analytics survey of the theme ‘Real-time Analytics’, given that they score 25% on this, relative to other vendors. The following criteria were used: real-time, real-time data, data ingestion, near real-time, real-time insights and live connection. In total, we examined 19 aspects in this category. Are you excited about the topic ‘Real-time Analytics’? Then download here our BI & Analytics Guide.
13. ThoughtSpot Artificial Intelligence
ThoughtSpot has a poor score in our recently updated, independent BI & Analytics study of the theme ‘Artificial Intelligence’. The score amounts to 24%, compared to other vendors. We looked at the following criteria, among others: data science, Python, data mining, algorithms, natural language processing, cognitive services and computer vision. In doing so, we studied the following two products: SpotIQ and ThoughtSpot Embrace. In total, we examined 181 criteria within this section. Would you like to delve further into the topic ‘Artificial Intelligence’? Then download here our BI & Analytics Study.
14. ThoughtSpot Mobile Business Intelligence
The vendor ThoughtSpot has a poor rating in our recently updated, independent BI & Analytics study on the section ‘Mobile Business Intelligence’ with a score of 17%, compared to other vendors. The following criteria were used: Android, iPad, push notification, mobile analytics, mobile dashboards and mobile push notifications. In total, we examined 10 selection criteria within this main theme. Are you excited about the topic ‘Mobile Business Intelligence’? Then download here our BI & Analytics Guide.
15. ThoughtSpot Multidimensional Models
The company has a poor score in our objective BI & Analytics survey on the section ‘Multidimensional Models’. The score amounts to 8%, compared to other vendors. We considered the following factors: OLAP, DAX, MOLAP, ROLAP and tabular data models. In total, we examined 14 criteria within this section. Are you excited about the topic ‘Multidimensional Models’? Then download here our BI & Analytics Guide 2023.
Want to know more? Then order the BI & Analytics Guide™ 2023 here
In which sectors is ThoughtSpot BI & Analytics most active?
In our research, we also looked at which industries a supplier operates in. These are the industries where ThoughtSpot is most frequently applied: banking, financial services, health care, insurance, life sciences, manufacturing, retail and utilities.
ThoughtSpot software is most used by…
The BI & Analytics software from ThoughtSpot is most often mentioned in combination with the following functions: business analysts, data engineers and decision makers.
Hire a qualified ThoughtSpot programmer
Training and courses ThoughtSpot BI & Analytics
We facilitate various classes in the field of BI & Analytics but can also provide specific ThoughtSpot training, for example as incompany. Then think about the following software: ThoughtSpot Embrace, SpotIQ and ThoughtSpot DataFlow. Of course we frame the training with the ideas of the intelligent, data-driven organization.
In conclusion: ThoughtSpot Business Intelligence scores reasonably well
ThoughtSpot has a minimal product portfolio with which it scores reasonably well in our BI & Analytics survey. ThoughtSpot BI & Analytics innovates (approximately) at an average rate of more than 15 features per year, is active (for now) in many different sectors, and is strongest in self-service BI.
About Passionned Group
Passionned Group specializes in 100% independent BI & Analytics consulting and the implementation of BI & Analytics solutions. We help large and small governments and businesses to advance as intelligent, data-driven organizations.
