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ThoughtSpot Launches SaaS Offering in Japan

ThoughtSpot brings the Modern Analytics Cloud to the Japanese market to empower every employee to ask questions, find insights, and take action on all their cloud data

ThoughtSpot, the Modern Analytics Cloud company, announced the release of the Japanese version of the company’s SaaS platform in Tokyo.

ThoughtSpot is the only fully managed SaaS offering in the market to bring Live Analytics to companies of all sizes, in every industry. With the Modern Analytics Cloud, organizations can empower companies to tap into the full power of their modern data stack with a simple to use, yet robust front end experience that connects live to their cloud data. This provides business users with the ability to extract insights from data in the cloud, and take action that is fact based and data-driven. In turn, the capabilities help organizations maximize the return on investment from their cloud data platforms like Amazon Redshift, Google BigQuery, Microsoft Azure Synapse, Snowflake, Databricks, and Oracle Autonomous Data Warehouse.

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Enterprise Analytics is Ready for the Cloud

Cloud data platforms have enabled unprecedented scale, complexity, and flexibility for organizations when it comes to capturing and storing data from a myriad of sources and connecting this data to other SaaS applications. However, legacy analytics tools fail to deliver on the promise of these platforms, creating bottlenecks around decision making by catering only to technically proficient data analysts and data engineers to turn data into insights. The pandemic further demonstrated the need for modern self-service solutions, as organizations’ digital transformation initiatives were compressed from years to months to adapt to a quickly changing business landscape

Japan has been particularly impacted by the rise of the cloud ecosystem and digital transformation imperatives. In May 2021, the Japanese Government passed laws to establish a new government agency called the Digital Policy Agency with the goal of strengthening the country’s digital transformation, with cloud infrastructure being a key priority. As such, Japanese companies are investing in the cloud more heavily than ever before. Analysts project that from 2020 to 2025, Japan’s public cloud services market will grow by 19.5% annually, to approximately $23.5 billion in 2025. To realize the value of these investments, however, businesses must rethink how their teams leverage the full power of their cloud to create meaningful growth at record speed.

ThoughtSpot fulfills this timely demand, helping enterprises break free from the broken, static data pipelines and dashboards that have prevented them from achieving digital transformation gains. Capabilities like search and AI separate modern self-service tools from traditional self-service tools, and are critical to capitalize on the value of the modern data stack, as new research from Harvard Business Review demonstrates.

With ThoughtSpot, users access a live interactive front end and engage with their entire modern data stack by searching for answers, asking follow-up questions and drilling down in the data to understand not only what is happening in the business, but also why. Powered by a live connection to the company’s cloud data platform, every insight users uncover is as recent and fresh as the data. Lastly, ThoughtSpot’s open platform means business users can not only uncover insights, but use them to drive actions directly in other business applications like Salesforce, Adobe, and Zendesk, making insight-to-action easy and scalable across an organization.

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Driving Substantial Growth in Japan

ThoughtSpot established a presence in the Japanese market in June 2019 with an office in Tokyo and local customer support, and has since experienced growth in the region with large-scale adoptions made by players in the retail, IT, manufacturing, and CPG including Kyocera, NEC Networks & System Integration Corporation, Belc and Lotte.

“Empowering employees at every level of an organization to access, analyze, and take action on data-driven insights is more important and impactful than ever before. ThoughtSpot Analytics Cloud helps our customers accelerate these initiatives with search and AI-driven analytics capabilities for all your data in the cloud. Our goal is to continue to help our customers in Japan realize strong ROI on their cloud data platform investments by empowering their talent with modern self-service analytics,” said Keizo Arinobu, Country Manager of ThoughtSpot Japan.

Additional Features

ThoughtSpot is built on the same highly scalable, cloud-native architecture. Additional features and benefits include:

  • Fully managed service: ThoughtSpot’s Modern Analytics Cloud platform is now available as a fully managed service.
  • Ease of use: Experience the full power of search and AI-driven analytics in a matter of minutes with minimum setup and configuration.
  • Personalized onboarding: Specific onboarding flows by role tailor the experience for users, accelerating their time to value.
  • Liveboards: Personalized, interactive, and actionable insights on all your cloud data that let users drill anywhere into granular insights without pre-defined drill paths SpotIQ: AI-driven insights that automatically uncovers and alerts users to anomalies, emerging trends, and their key drivers
  • Prebuilt SpotApps: Reusable low-code templates to make getting insights from popular applications, like Salesforce, ServiceNow and Snowflake, simple and scalable.
  • In-database benefits: Run queries directly in both high-performance, zero-management, built-for-the-cloud data warehouses like Amazon Redshift and Snowflake.

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[To share your insights with us, please write to sghosh@martechseries.com]

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