Fasten Your Seat Belts: Search Driven Analytics
January 4, 2016
Editor’s Note: ThoughtSpot has no relationship with EMC.
The buzzword meisters are salivating. A term kicked around by folks like Lucidworks (really?) and Radiology Software has been snapped up by EMC. Yep, I know. EMC is not a search vendor, and I was surprised to learn that it was in the analytics business. Hey, that’s what happens when one lives in rural Kentucky.
According to EMC, the “new” concept is the spark behind ThoughtSpot. I learned from “Introducing ThoughtSpot 3: The World’s First Product to Harness Collective Intelligence for Search Driven Analytics”:
ThoughtSpot 3 combines the ease of search with the intelligence of machine learning to deliver a powerful analytic solution that anyone can use to quickly get the right answers out of their data.
Slam dunk. Stock up on EMC shares which are trading in value territory. The company has reported flat revenues and profit margins, but search driven analytics, now in Version 3, is something that makes mid tier consulting firms quiver.
Aberdeen allegedly said:
“As the desire for data-driven decisions grows across the business world, there is a greater appetite for people capable of creating data insights,” said Aberdeen Vice President and Principal Analyst Michael Lock. “For companies looking to create insights faster and more easily, early findings from Aberdeen’s latest survey indicate that Best-in-Class organizations are adopting language-driven analytics, for example search-driven analytics and code-free discovery, at a greater rate than lesser performers.”
That’s sufficient for me. Now we just need to watch the revenues of EMC and other vendors almost certain to embrace a buzzword with some rubber left on the 15 inch recap.
Stephen E Arnold, January 4, 2015
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One Response to “Fasten Your Seat Belts: Search Driven Analytics”
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Hi, I’m Scott Holden, the VP of Marketing at ThoughtSpot. I’d like to reiterate that we do not have a relationship with EMC at this time. If you are interested in learning more about ThoughtSpot 3 and how we use machine learning to make big data analytics easier for everyone, please visit http://www.thoughtspot.com/thoughtspot3.
Thanks for the support, Stephen!