Yup. We’re looking at a business intelligence renaissance


We know all about the giga-tons of information businesses are generating — and now collecting — in the era of big data. Now, judging by a rush of funding flowing into new-look business intelligence (BI) companies, there’s huge opportunity in helping mere mortals — line-of-business managers, not just CEOs and data geeks — see and analyze that data.

Just in the last few weeks, ThoughtSpot, the brainchild of former Oracle(s orcl) and Google(s goog) engineers, raised $10.5 million from Lightspeed Ventures and others to bring Google-like search to corporate data. And Domo, a one-year-old startup founded by former Omniture CEO Joshua James, snagged an impressive $125 million in new VC, bringing its total to a healthy $250 million. (Adobe Systems bought Omniture for $1.8 billion in 2009.)

But those investments are just the latest in a flurry of BI-related activity. In December Chartio logged $2.2 million in new funding

View original post 593 more words


Leave a Reply

Please log in using one of these methods to post your comment:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s