ThoughtSpot acquires Hyd-based Diyotta
ThoughtSpot now has more than 100 employees based out of India.
Hyderabad: ThoughtSpot, the modern analytics cloud company, on Wednesday announced it has entered into a definitive agreement to acquire Diyotta, a leader in modern data integration solutions. With the acquisition, more than 60 new employees in North America and India will join ThoughtSpot to develop modern analytics cloud, adding 25 per cent more headcount to the global R&D team and 50 per cent to the R&D team in India, including an expanded footprint in Hyderabad. ThoughtSpot now has more than 100 employees based out of India.
In particular, the acquisition of Diyotta will accelerate integrations with modern data platforms, AI and ML services, and data applications built by web developers. The modern analytics cloud by ThoughtSpot gives organisations a consumer-grade platform to engage with this new data ecosystem. Companies can build the data stack of their choice, and then empower all of their employees, customers, and partners to take advantage of these investments through a simple, open, and actionable analytics platform.
“We’ve been fans of the work Diyotta has done to help their customers solve some of the toughest challenges involved in integrating their data into their business workflows. Diyotta’s team understands the dynamic, nuanced ecosystem and unique problems companies face in transforming how they leverage their data to drive processes and change decision-making,” said Sumeet Arora, chief development officer, ThoughtSpot.
“By joining forces with ThoughtSpot, we’re going to be able to expand how we help these businesses empower their entire team with data,” said Sanjay Vyas, CEO & co-founder, Diyotta.
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