AI-powered analytics firm ThoughtSpot has announced it has signed a definitive agreement to acquire Mode Analytics, the modern Business Intelligence (BI) platform that brings data teams and business teams together to drive impact, in a cash and equity deal valued at $200M. Upon close of the acquisition, Mode will become a wholly-owned
The global business intelligence industry is expected to grow from $23.1 billion in 2020, with a 7.6% CAGR, reaching close to $33.3 billion by 2025 The adoption of business intelligence tools is expected to continue to rise in 2023, with more businesses realising the importance of effective data management and
Qlik has released its next-generation application for self-service business intelligence (BI) and visual analytics called Qlik Sense. Built on a fully integrated, cloud-ready platform, and powered by the patented QIX Associative Indexing Engine, Qlik Sense combines enterprise readiness and governance with intuitive visualization and exploration, advanced analytics, and self-service data preparation capabilities.
Infor has announced that it has reached an agreement to acquire Birst, a pioneer of cloud-native, business intelligence (BI), analytics, and data visualization. Birst is a unique, comprehensive platform for sourcing, refining, and presenting standardized data insights at scale to drive business decisions. “The founders of Birst have a deep BI
Global revenue in the business intelligence (BI) and analytics software market is forecast to reach $18.3 billion in 2017, an increase of 7.3 percent from 2016, according to the latest forecast from Gartner, Inc. By the end of 2020, the market is forecast to grow to $22.8 billion. According to