ThoughtSpot 6's Answer Explorer interface
At its Beyond user conference in Dallas today, search-as-query business intelligence (BI) company ThoughtSpot is announcing version 6 of its core product, bringing a range of new and enhanced capabilities. It's also shining a spotlight on its recently launched mobile application.
In a briefing with ZDNet, Andrew Yeung, ThoughtSpot's senior director of product marketing and Sean Zinsmeister, the company's head of product marketing, provided deets on v6. All in all, ThoughtSpot is going beyond search has invested heavily in intelligent assistance, cloud storage integration, in-database query technology and some smaller editions.
Answer Explorer, a contextual search suggestions facility, available in pinboards (ThoughtSpot's term for dashboards), is perhaps the headline feature for this release. ThoughtSpot is known for its capable natural language query facility, which can make gaining insights from data easier than with tools which require users to select specific tables and columns for analysis. The search option has a democratizing effect on analytics and ThoughtSpot's thorough orientation around the search paradigm is noteworthy. But even natural language query can still pose users with the problem of the blank page, and it can be intimidating for less-experienced users to formulate their own search. Answer Explorer provides assistance here by providing suggested searches.
All of this puts ThoughtSpot in the position not just of accommodating a search-based approach to analytics but helping users formulate what to search for. ThoughtSpot says Answer Explorer is machine learning-driven, using a collective intelligence approach, and based on search terms frequently used against the relevant data set. It provides iterative suggestions; for example, using a specific filter, adding a dimension or a comparing specific metrics, as shown in the figure above.
Speaking of metrics, ThoughtSpot is introducing another new capability, called ThoughtSpot Monitor, as a beta feature. Monitor allows users to follow specific metrics, charts and data sets, view how they are trending over time, and even provide automated alerts when they change. ThoughtSpot says Monitor is powered by SpotIQ, its AI-driven automated insights engine.
Beyond Answer Explorer and Monitor, ThoughtSpot 6 adds some fit-and-finish enhancements as well. The additional capabilities in ThoughtSpot 6 include:
While ThoughtSpot 6 is being announced today, general availability of the product likely to come in November.
Though it was launched previously, ThoughtSpot is also promoting the availability of its new mobile application. The app provides a full-featured consumption experience for content authored on the conventional ThoughtSpot platform. It provides offline data access and is compatible with various mobile device management platforms. ThoughtSpot Mobile is available only for iOS (for both iPhone and iPad devices); an Android version is slated for next year.
There's been much consolidation in the BI space recently, with Salesforce's acquisition of Tableau; Google's acquisition of Looker, the merger of Sisense and Periscope Data, Logi Analytics' acquisition of ZoomData and Cloudera's intention to acquire Arcadia Data. Arcadia Data features a substantive search facility as does Microsoft's Power BI, with its Q&A feature, which was just massively updated.
Also read: Salesforce-Tableau, other BI deals flow; the tally's now five in a row
Also read: Arcadia Data brings natural language query to the data lake
All this leaves ThoughtSpot in a sel-service BI space dominated by hyperscale cloud providers, a couple of indies and the last Big Data distribution vendor left standing. That means ThoughtSpot will need to win on independence and innovation, because its chief competitors are trading on incumbency, and in many cases quite strongly.
Suggested searches and monitoring/alerting are good moves, as are integrations with Snowflake, Amazon and Google Cloud. But mobile and in-database querying are table stakes features, where ThoughtSpot is playing catch-up. And with the likes of Power BI being updated on a monthly basis, competition is fierce. ThoughtSpot's doing great, but it may need to accelerate if it's going to play and win in the consolidated BI landscape.