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Snowflake vs ThoughtSpot
June 28, 2023 | Author: Michael Stromann
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Snowflake is the only data platform built for the cloud for all your data & all your users. Learn more about our purpose-built SQL cloud data warehouse.
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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.
Snowflake and ThoughtSpot are two distinct but complementary players in the data analytics landscape. Snowflake is a cloud-based data platform that provides scalable and efficient data warehousing capabilities. It excels in handling large volumes of structured and semi-structured data, offering robust storage, processing, and querying capabilities. Snowflake enables organizations to store and analyze vast amounts of data with ease, providing a solid foundation for data-driven decision-making. In contrast, ThoughtSpot specializes in search-driven analytics, allowing users to ask questions in plain language and receive instant insights and visualizations. ThoughtSpot's AI-powered search engine accelerates data exploration and empowers users to derive actionable insights quickly.
See also: Top 10 Business Intelligence software
See also: Top 10 Business Intelligence software
Snowflake 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.
2021. Cloud security startup Lacework has raised $525M
Lacework, a cloud security startup that offers a solution built on the Snowflake platform, has raised $525 million in its Series D funding round, bringing its total funding to over $1 billion. The company reported a remarkable 300% year-over-year revenue growth for the second consecutive year. Investors and customers have shown significant interest due to the comprehensive nature of Lacework's security solution. It enables companies to securely build in the cloud and covers multiple market categories to meet diverse customer needs. This includes services such as configuration and compliance, infrastructure-as-code security, vulnerability scanning during build time and runtime, as well as runtime security for cloud-native environments like Kubernetes and containers.
