ThoughtSpot announced the availability of new editions at its Beyond conference. The Team Edition and Pro Edition focus on small teams and individual users respectively, allowing them to get more value from data and analytics.
With the new editions, ThoughtSpot broadens its strategy. Up until the release of the new editions, the analytics vendor primarily focused on large implementations within organizations. They use ThoughtSpot to analyze data through a search interface and make decisions accordingly. However, with the Enterprise Edition, this functionality was primarily limited to larger companies.
Modified licensing model
Now that ThoughtSpot wants to bring its analytics solutions to SMBs as well, it has considered which licensing model fits the bill. Our current information extends only to American organizations. Prices for European companies are unknown at this time.
The Team Edition is available for $95 per month for one user group with an unlimited number of users. In turn, the Pro Edition is available from $2,500 per month for five user groups with an unlimited number of users. Users of the Pro Edition only pay for what they use, which is based on the number of queries.
ThoughtSpot emphasizes that organizations can use the SaaS platform immediately. The analytics platform connects directly to compatible cloud data platforms such as Snowflake, Databricks, Google BigQuery, AWS and Azure. Interested companies can also try out the platform with a 30-day trial.
Additionally, ThoughtSpot is introducing a special bundle for startups, non-profits and educational institutions with fewer than 100 employees and revenues of up to $10 million. They can take advantage of a special offer for the Pro Edition, with a fixed monthly fee without costs for queries.
At this time, it’s unclear whether the various editions also differ in terms of functionality. Techzine is attending ThoughtSpot Beyond this week, where we hope to get details on the new editions.