thoughtspot presentation at the chief analytics officer, fall 2016
TRANSCRIPT
Most of us still depend on data experts
Business Analyst
BI Analyst
Data Scientist
EXPERTS HUMANS
Lawyers Producers Doctors
Recruiters
Scientists
Traders
Architects
Contractors
Because analytics technology is complicated
Business Analyst Data Scientist BI Analyst
3 DAYS Average length of a beginner Tableau training class.
Which has created a massive analytics bottleneck
850 Million Humans at work
1.5 Million Data experts
4.8 Days to build one report
DATA
EXPERTS
ThoughtSpot: Search-Driven Analytics
TEAM Search + Enterprise
CUSTOMERS Mid-to-Large Enterprise
TECHNOLOGY Relational Search Engine
$100M
Experienced founders with search-at-scale expertise
Search Staff Engineer
Google Ads
DataBase Senior Engineer
Borg Tech Lead
Google Adsense
Analytics Senior Engineer
Oracle
Cloud BI Architect
Nutanix
($2B IPO in 2016) Cofounder and CPO
Yahoo
Search Senior Engineer
Ajeet Singh
Amit Prakash
Sanjay Agrawal
Priyendra Deshwal
Abhishek Rai
Vijay Ganesan
Shashank Gupta
The analytics pipeline is fundamentally broken
Gather Requirements Interpret what users want
Model Data Generate cubes, pre-aggregate data, tune SQL queries, and define hierarchies and drill paths
Create Reports Endless building and tweaking of reports and dashboards
Distribute to Users Manually publish to consumers
1-2 Weeks
2-6 Weeks
1-3 Weeks
1-10 Days
2+ Months
RINSE &
REPEAT
Despite billions spent on BI, data remains inaccessible
$68.9 Billion* Only 22% data access*
* Annual spend on BI Software and Services *BI Scorecard, 2014
BI Software
BI Services
Haves
Have Nots
The Dramatic BI Landscape change
2013 2014 2015 2016
No one vendor is fully addressing both enterprises’ IT-driven requirements
and business users' requirements for ease of use. “ Gartner Magic Quadrant
BI and Analytics Platforms, Feb 2016
Gartner Magic Quadrant
BI and Analytics Platforms
Feb 2015
“Smart data discovery and natural language query
is likely to have a significant impact
on the next generation BI user experience.”
Search is shaping the next generation of BI
Royal Bank of Canada is the largest Canadian bank with 81,000 employees providing
financial services across the globe.
The credit card services team was struggling to get get critical information on the effectiveness of online promotions, and were often waiting weeks for ad-hoc report requests
to come back from the BI team. As a result, executives were forced to make key decisions based on gut instinct or delay.
With ThoughtSpot, 200+ marketers and their executive team will be able to analyze campaign statistics such as conversion rates, customer product mix, lifetime value of accounts, and
overall ROI, right in the moment, freeing up the burden on their BI team.
Now marketers will be able to identify top campaign performers and improve overall effectiveness of their credit card promotions. And executives can answer their own questions
about credit card promotions in 2 minutes instead of waiting 2 weeks for that new report.
RBC Speeds Decisions from
2 Weeks to 2 Minutes
100+ Users Marketing, Credit Card Services
2 TB Data 5 years of historical
transaction, customer and
product data
top AMER campaigns by week
2 Weeks to 2 Min* Reduced time to insights for
credit card executive team