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Domo vs ThoughtSpot
June 28, 2023 | Author: Michael Stromann
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The Domo Business Cloud lets you integrate data from any source, turn data into live visualizations, and extend BI into apps that empower your team with data.
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ThoughtSpot is the AI-Powered Analytics platform that empowers everyone to ask any data questions in natural language, get accurate answers, and take action.
Domo and ThoughtSpot are two leading players in the business intelligence (BI) market, offering distinct strengths in data analytics. Domo is a comprehensive BI platform that provides a wide range of features, including data integration, data visualization, and collaboration tools. It excels in providing a holistic view of business data and offers robust data governance and sharing capabilities. Domo empowers users to create interactive dashboards and reports, enabling data-driven decision-making across the organization. On the other hand, ThoughtSpot focuses on search-driven analytics, allowing users to ask questions in plain language and receive instant insights using its AI-powered search engine. ThoughtSpot's strength lies in its speed and ease of use in exploring vast amounts of data and delivering precise answers.
See also: Top 10 Business Intelligence software
See also: Top 10 Business Intelligence software
Domo vs ThoughtSpot in our news:
2023. ThoughtSpot acquires BI platform Mode Analytics
ThoughtSpot, the AI-powered data analytics platform provider has acquired Mode Analytics, a startup specializing in business intelligence. The acquisition, worth $200 million, will enhance ThoughtSpot's generative AI applications and result in a doubling of its customer base. ThoughtSpot's platform is designed to enable individuals without technical expertise to perform data analysis. It utilizes tools that monitor data from sources like Snowflake and Databricks, identifying changing patterns and trends. Trusted by major companies such as Walmart and Apple, ThoughtSpot's products primarily focus on self-service analytics, incorporating AI and machine learning capabilities. Mode Analytics complements these offerings by introducing a new suite of products. Through this acquisition, ThoughtSpot customers will gain additional value by being able to create analytics applications and visualize data in Mode, which can then be seamlessly integrated into ThoughtSpot's dashboards.
