Driven by his passion for creating impactful businesses, Ajeet has had the experience of creating billion-dollar technology companies from scratch. This is your second company. Prior to starting ThoughtSpot, Ajeet was Co-founder and Chief Products Officer at Nutanix, an IPO-worthy company that's revolutionizing the enterprise data Martin: How did you start about it? At MuleSoft, Kuntal delivered industry leading growth through his focus on delivering high growth partner practices, innovative enablement programs and increasing partners services economy. helped to scale the legal and compliance functions from IPO to Hes successfully built two multi-billion dollar companies from the ground up by leaning into risk and being open-minded and curious about customer needs. In Palo Alto (CA), we meet Co-Founder & CEO of ThoughtSpot, Ajeet Singh. Ajeet Singh is the co-founder and Executive Chairman at ThoughtSpot, a company revolutionizing analytics with search and AI. ThoughtSpot started with an office in Sunnyvale, California but it quickly expanded to other cities in the United States . If you are starting as an entrepreneur I like not to be very prescriptive about these things because every situation is very different. Having joined ThoughtSpot in 2019 to run EMEA, Spencer recently The whole idea behind ThoughtSpot is adoption of data. So it was basically working with the same sort of folks, making me sure that we are going after the market and a problem that is highly valuable, we spent time on that and raising money itself was I would say not the biggest challenge that we had to overcome. Martin: Hi, today were in Palo Alto in the ThoughtSpot office. helping to grow the organization, which ultimately led to a first sales folks in the East Coast. Its very slow and inefficient process and thats where we saw the opportunity. Its been very natural for them, and its very hard for an enterprise to compete with those digital natives, both in business and in technology. needs with technology. ThoughtSpot2014NutanixAjeet SinghThoughtSpot . Gain insights into how companies can successfully navigate the transition from data-aware to truly data-driven with the rules of engagement for the new era. Prior to starting ThoughtSpot, he was co-founder and Chief Products Officer at Nutanix, the leader in the . The true test of this work wont be a team survey or meeting. Since we were building enterprise product and the data is very sensitive (thats what you were hinting at), it is on-premise product so were actually going to deploy our product inside the firewalls of a customer so that they dont have to worry about data security and those kind of things. You entered an incorrect username or password, Imagine, if you would, coming home from a long days work. ThoughtSpot co-founder Ajeet Singh Courtesy subject In an era where "moving fast and breaking things" has become the norm in the tech world, Ajeet Singh's approach to starting a business. President of Nutanix, where he grew annual revenue from $0 to over Institute of Technology, Kanpur. Google and most of search engines that are out there, the data theyre ingesting are documents, there are web pages, radios, videos and things like that. Listen here . It has to be grounded in the reality of the life of people theyre trying to change. Ajeet Singh, Co-founder & Executive Chairman of ThoughtSpot, joins John Furrier for a digital CUBE Conversation.#theCUBE #CUBEConversation #ThoughtSpothttps:. Software and, earlier, at Coradiant: a start-up that was ThoughtSpot was founded in 2012 by a team of engineers who previously worked for Google, Oracle, and other Silicon Valley companies. Previously it would take them two to three months to find out what the effect of the campaign was on their churn numbers, now they can do that in a few minutes. ThoughtSpot and Nutanix. So we dont want to penalize our customers on number of users, we do not charge based on the number of users. So my way of thinking about startup has been driven more by markets. And exactly what is the value proposition besides only being simpler to get access to data and analytics that you deliver to those customers? Cadastre-se Entrar Publicao de Ajeet Singh Ajeet Singh 2X Unicorn Founder, Co . What is the market and what is the problem that we can solve? Skyrocket your resume, interview performance, and salary negotiation skills. Sean Zinsmeister is the VP of Product Marketing at ThoughtSpot, where he is responsible for architecting the messaging and go-to-market strategy for ThoughtSpots Search & AI-driven analytics platform. Sign up for a free trial of ThoughtSpotand spend 30 days discovering just how transformative the right insights can be for your business. Martin: Lets talk about your advice for first time entrepreneurs. Please use the Snowflake with support for the Snowflake Data Marketplace; with AWS for simplified provisioning of Redshift Serverless clusters; and with Databricks for a rapid rollout. So that is one model and Im not saying that should be the only model. Even though on the front its very simple, in the backend we had to handle scale and complexity of data and we have to handle security and governance. E-mail is already registered on the site. His team worked with product teams across Google, providing analysis, best practices, tools, and services to optimize products and marketing campaigns for growth. We realized that this is a big market and theres a big problem. So launching campaigns and next day as soon as the data starts to come in I can go in and understand how major numbers are changing by geography by product line on those kinds of things and then based on that I can then optimize which campaigns I do more, which campaigns I do less, and things like that. Learn from the executives and leaders behind some of the worlds most innovative and exciting companies. In this role, he led the ThoughtSpot is the Modern Analytics Cloud company. Scott Holden is the Chief Marketing Officer at ThoughtSpot where All this has to be discovered in the field organically. Rocketreach finds email, phone & social media for 450M+ professionals. And if you have a company and you dont know whether your business people are really checking all the data and getting the most out of, check out ThoughtSpot. Whether you're new to ThoughtSpot and looking for the best suited pricing and packaging for you and your team, or looking for the latest Modern Analytics Cloud . It comes from leadership, and enabling and empowering a team to do what they need to be doing., To make a big change, you need to have an irrational desire to do it. In 2009, he co-founded Nutanix with Dheeraj Pandey and Mohit Aron. Sudheesh is the CEO of ThoughtSpot, the Modern Analytics Cloud Driven by his passion for creating impactful businesses, Ajeet has had the experience of creating billion-dollar technology companies from scratch. "You can imagine how . Prior to ThoughtSpot, as the first marketing hire at Blue Jeans, Today, it is a listed company in the US. Learn more atthoughtspot.com. assumed the role of SVP, Worldwide Sales. Thoughtspot, Inc. is a Washington Foreign Profit Corporation filed On July 19, 2016. Interviews with trailblazing marketers, including CMOs, CEOs, VPs, and industry leaders. Post your jobs & get access to millions of ambitious, well-educated talents that are going the extra mile. Prior to joining ThoughtSpot, he led Product Management at Birst and post acquisition served as VP Product Management at Infor. On this episode of The Data Chief, Singh, Co-founder and Executive Chairman at ThoughtSpot, dives into some of the biggest challenges facing CDOs in 2021, why organizations must empower their leadership teams to drive meaningful change, and how big tech can be utilized for good moving forward. analytics platform. around the world. The classic BI deployment takes about six months, so we have shrunk that time of six months down to 2-4 weeks for some of the biggest and most complicated data sets that are around there. acquisition, engagement and retention across all Google products We didnt want to give our product out for free even for trial because it leads to the same situation I was talking about earlier. I came here in 2007 and joined Oracle for a start-up and started a company called Nutanix in 2009 then I started ThoughSpot in 2012. It was founded in 2012. If you think about Uber or something else, its questionable whether market risk is low or high. In 2012, he co-founded ThoughtSpot with Amit Prakash. If people will have more responsibilities or more people to manageor lessyou want them to be aware and prepared. So its very important to make sure that youre going after real problems and not just trying to to get lucky or have some good accidents along the way and eventually get to success. Amazon EC2 cloud. Its no secret that finding technical talent is hard. Now I was saying early in the interview, the way I like to think of the idea is what is the most awesome way of solving the problem? Bob Baxley is the SVP of Design & Experience at ThoughtSpot. You also have to be transparent about what the end state looks like. But if you ask for even $1, asking for $1 is so much more valuable than giving your product away for free. Ajeet Singh, Co-founder and Executive Chairman at ThoughtSpot, details the key strategies he's followed in constructing two multi-billion dollar companies fr. BI & Big Data and SAP BusinessObjects BI 4.0: The Complete How do you convince them: Guys, please give me access to the most precious data that you have and I give you some kind of answers to that? : Large enterprises are increasingly moving their data to the cloud. We shared details of our $150M investment in India on CNBC-TV18 today. at Aster Data, later acquired by Teradata for $300M. People want to get enough data across departments, across different levels and things of that nature. quarter-on-quarter growth to the business through improving And for each of those people, we want them to be able to access the data very-very frequently, so we are talking about 10x to 100x increasing adoption of data. You end up with people that just want to kick the trials either because you know they have fun keeping trials with new technology or taking it because theyre doing a favor to you and your investors. Bhargav Addala is the SVP of Product Management at ThoughtSpot, where he is responsible for ThoughtSpots global Product Management, Documentation & Training teams driving and scaling the Search & AI-driven analytics platform. HR experience. I already had some existing relationships with some investors. And last but not the least, I will say the biggest way in which we differ from a classic search engine is accuracy and trustworthiness of the data. So that data sits in their ERP system or data ware houses or any kind of databases, now we have Hadoop, its complicated environment. The most simple way? Because technology has become very complex and lot of innovation now is just bringing simplicity to complex way of doing things because complexity means youre going to be slow and it will be very expensive to do things. Live Analytics for your modern data stack, Search to find and create insights in seconds, Build personalized and engaging data apps, Get one-click AI-driven analysis to get to the why faster, Keep a finger on the pulse ofyour business with Liveboards, Balance self-service with enterprise-scale control, Live-query your cloud data in just a few clicks, Accelerate use case deployment with pre-built apps, Make your data intuitive for Live Analytics, Stay up to date with the latest product news and releases, Push cloud data insights to business apps. Meanwhile, Nutanix's founders and early investors are putting hefty money into what they expect to be the next big thing. Prior to joining And once we figured that out then we learned about the problem obviously and then we went to the white board and we said, What would be the most awesome way of solving this problem? Dismiss. The company is seen as a leader in enterprise data analytics. ThoughtSpot is the Modern Analytics Cloud company. About Press Copyright Contact us Creators Advertise Developers Terms Privacy Policy & Safety How YouTube works Test new features Press Copyright Contact us Creators . The job of the leader is to align all of the small, moving magnets so that overall, theres a huge magnetic force of change. We shared details of our $150M investment in India on CNBC-TV18 today. Prior to that, Amit was a founding engineer in the Bing team Itll be day-to-day, in the way people do business. The biggest challenge that I see is it comes down to change management and talent., Youve got to invest, you have to empower, and sometimes you even have to bring enough of a critical mass from the outside and figure out a structure in which things can work together. ThoughtSpot's mission is to deliver access to data at "human scale." History Ajeet Singh was the Senior Director of Product Management at Aster Data Systems, a data management and analysis software firm. Salesforce, and Compuware, both in Asia Pacific and US roles. We shared details of our $150M investment in India on CNBC-TV18 today. Before Facebook, Ken was the VP of Analytics and Platform Although Tableau and ThoughtSpot are targeting a big, fast-growing market for big data and analytics expected to grow at an 11.9% annual rate reach $260 billion in 2022 Tableau was clearly . Martin: Did provide your first customers just free trial to show the value and then after youve shown the value then you said: Okay, lets put some revenue numbers behind that? What have you learned along the way where you said this was a major learning for me going forward and I will never forget this lesson? ThoughtSpot, Amit led multiple analytics engineering teams in Gain insights into how companies can successfully navigate the transition from data-aware to truly data-driven with the rules of engagement for the new era. Play over 265 million tracks for free on SoundCloud. Cindi Howson is the Chief Data Strategy Officer at ThoughtSpot Driven by his passion for creation, Ajeet has built two multi-billion dollar technology companies from the ground up - ThoughtSpot and Nutanix. Ajeet: I think some of that comes from what people call it vision. one of the worlds largest social gaming platforms. Technologies where she was Vice President of HR supporting the responsible for recruiting, HR operations, business partnering At ThoughtSpot, Ajeet Singh has 34 colleagues including Sudheesh Nair (CEO), Ravi Mhatre (Director) Homonyms. Ajeet: We currently are focused on mid to large enterprises (Global 2000), that is the way I would categorize my market segments and within these we are building a solution that is designed for business functions (sales, marketing, operations, supply chain, finance, and so forth) but what were building is very scalable. ThoughtSpot from AppDynamics, where he was hired as one of the for several top technology companies over the past twenty years. ThoughtSpot, a business intelligence software vendor started in 2012 by. global BI standards leader for Dow Chemical. When Walmart acquired Jet.com it brought a completely new energy into the company. Ajeet Singh is Chairman/Co-Founder at ThoughtSpot Inc. See Ajeet Singh's compensation, career history, education, & memberships. cc ThoughtSpot. in-depth product reviews based on exclusive hands-on testing, Products Officer at Nutanix, the leader in the enterprise cloud It is good to know about , Whether you are looking for a job or you are in need of a new employee, youll most likely end up . There is another model that is high market risk and low execution risk at least to begin with where I dont know if theres a market. Looking for Ajeet Singh online? Ajeet: Yes, even our beta were paid, our first beta were also paid. Pam Holmberg is the Head of People at ThoughtSpot. Thoughtspot.com has 409 employees. product marketing, demand generation, partner marketing, and Get 5 free searches. cc ThoughtSpot. We shared details of our $150M investment in India on CNBC-TV18 today. Ajeet Singh Co-founder & Executive Chaiman ThoughtSpot Sumeet Arora Chief Development Officer ThoughtSpot Nicolas Rentz Sr. Director, Product Management ThoughtSpot Himanshu Shah Managing Director Snowflake Quinton Wall Head of Developer Relations ThoughtSpot Ashish Shubham Distinguished Engineer ThoughtSpot Agenda highlights 12:00 noon - 1:00 pm See Ajeet Singh's contact information such as email address, phone number and linkedin page. The third big change is security as you said. Ken is the SVP of User Growth at There can be various ways of solving it. Apple, Pinterest and Yahoo!, where he and his teams designed Ajeet Singh Co-Founder and Executive Chairman Thoughtspot Cupertino, California, United States Found 9 emails: thoughtspot.com gmail.com yahoo.com hotmail.com teradata.com pwc.com oracle.com nutanix.com jda.com Amit Prakash Co-Founder, Chief Technology Officer Thoughtspot Saratoga, California, United States Found 3 emails: thoughtspot.com gmail.com So he did something about it. twitter linkedin Contents Net worth Find Instagram, Twitter, Facebook and Youtube profiles, images and more on IDCrawl - free people search website. and host of The Data Chief podcast. Join host Stephanie Postles as she sits down with eCommerce leaders on the front lines of digital innovation. To put it bluntly: Risk will be involved, and people must be empowered. About a year before having a product, we had a full sales team and these are expensive sales teams, you can spend anywhere from half a million to a million every year on sales team. It was a tall order, he explains: Prior to Nutanix, Ajeet learned the ropes of enterprise technology startups as the Senior Director of Product Management at Aster Data, later acquired by Teradata for $300M. Emma has a BSc. From the famous to the infamous, these are the backstories of people who changed the world. Everything has fundamentally changedfrom the way we buy groceries, to the way children go to school, to advancements in healthcare. Ajeet Singh is the co-founder and Executive Chairman of ThoughtSpot, an organization revolutionizing analytics with search and AI. University in economics and philosophy. And thats just to give you a sense. Get 5 free searches. Learn about Ajeet's work experience, education and find other people who know Ajeet. Sorry, you must be logged in to post a comment. With ThoughtSpot we leverage lot of memory computing at scale and we have cut down on any sort of pre-computation that is required and every step we tried to make things simple and cut down on any human intervention that might be required. ThoughtSpot's global legal affairs and compliance operations as routing portfolio and was responsible for driving profitable from the University of Southern California. But what you have to focus on is really mitigating market risk before you do much execution. Kuntal holds an MBA in Corporate Entrepreneurship from Babson University and lives in San Francisco with his wife and two kids. That is the execution risk. If were going through a transformation, we must have deep empathy for the people who are going to be affected. The new funding of $60 million was led by LightSpeed Ventures. The Modern Milkmans Chief Strategy Officer, John Hughes on Using Data to Save Our Oceans from Plastic. Now that the shift has occurred, other companies will need to get on board as well. So we do also get involved with IT departments, so typically a director or VP of Business Intelligence would be someone we will to talk to, or somebody from the business side. Cloud, Chatter, Industry Marketing, Customer Marketing, and The aim was to democratize organizations' structured data by putting the underlying facts and figures in the hands of decision makers. also held business and technical roles at Oracle, where he was search from scratch. Channels include video, podcast, and community events featuring executives from your industry. a Bachelor of Arts in American History and Political Science So he did something about it. Martin: From my point of view the major benefit of ThoughtSpot is that youre making it super easy and accessible for people to access the data in a company. Ajeet Singh 3w Saqib has a deep CIO network and was very helpful to us at ThoughtSpot from the early days. He's successfully built two multi-billion dollar companies from the ground up by leaning into risk and being open-minded and curious about customer needs. contributor to Information Week, and the author of several books Ajeet talks about his story how he came up with the idea and founded ThoughtSpot how the current business model works, as well as he provides some advice for young entrepreneurs. Online resources to advance your career and business. Because if youre someone whos driven by passion for creation which is most of people are at least here in the Valley and many other places in the world where large technical talent. Engineering from the Indian Institute of Technology, Kanpur, Picking the right market first is the first matter for me has been the most important thing, the idea actually comes later. blend consumer quality UX with deep technical capabilities. The question is no longer if a company should adopt cloud but when and how. ThoughtSpot Growth Rate Drops from 108% to 88%. The kind of things that changed I would say number one is the type of data were going after. Then we started defining the product, defining our architecture of the product and spent about six months on designing the product. If you want to transform what is important, you have to be able to have deep empathy for people that you are trying to influence. Prior to joining ThoughtSpot, Pam was the Head of Who are you and what are you doing? For example, when ThoughtSpot customer Capital One developed its cloud adoption plan, it was non-negotiable that the entire company had to move to the cloud within a certain time frame. He has raised over $300M for ThoughtSpot from the likes of Lightspeed Venture Partners, Khosla Ventures, or General Catalyst. Previously, Baxley has held executive design leadership roles at On the execution side it is Can I actually build the project that Im talking about and sell it? But if you wanted to look at revenue by each product line: Oops, I didnt do that. Ajeet Singh and his six cofounders started ThoughtSpot in 2012 when they realized there was a need for data storage that could be accessed outside of a company's data science team. And then go from there, then you start to make it viable and fix the execution risk. high-tech organizations, including Medallia, Google Cloud, 2020 taught businesses so much about how the world operates and uncovered many lessons that will be valuable in the years ahead. contributing over $200m in total revenue. and employee engagement. Spencer came to she is responsible for scaling global partner marketing, field Ajeet: My name is Ajeet Singh and Im co-founder and CEO of ThoughSpot. He also dives into the biggest challenges facing CDOs today, why organizations must empower their leadership teams to drive meaningful change, and how big tech can be utilized for good. Ajeet holds an MBA from the Indian Institute of Management, Calcutta, and a Bachelor of Science in Chemical Engineering from the Indian Institute of Technology, Kanpur, where he graduated at the top of his class. Bhargav has an MBA from MIT Sloan, a Master of Science in Mechanical Engineering from Stanford University and a Bachelor of Engineering from Birla Institute of Technology & Science, Pilani. Prior to starting ThoughtSpot, he was a co-founder and Chief Products Officer at Nutanix, the leader in the enterprise cloud industry and largest tech IPO of 2016. cc ThoughtSpot. September 2, 2022. Bachelor of Technology in Electrical Engineering from the Indian There is a way of building companies that falls in this bucket. Get Ajeet Singh's email address and phone number at RocketReach. The company is focused on making the world more fact-driven through a better decision engine. Learn from the top drivers, managers, and executives innovating in fleet management today. Martin: Ajeet, thank you so much for sharing your knowledge. Our Live Analytics services deliver personalized, actionable insights at the point of impact for every user, at every level. Ajeet: Thank you, Martin. As Chief Data Strategy Officer at Ajeet: I would say we talked to first prospects even before we started the company. to deliver innovative product experiences for customers that Onalytca, Solutions Review, and Humans of Data. https://mission.org/podcast-player/10398/27-thoughtspots-ajeet-singh-on-designing-disruption-for-analytics.mp3, #27 ThoughtSpots Ajeet Singh on Designing Disruption for Analytics. About Ajeet Ajeet Singh is the co-founder and Executive Chairman at ThoughtSpot, a company revolutionizing analytics with search and AI. Emma has over 20 years of B2B marketing experience with And remember, your end goal should always connect back to driving a new business opportunity or use case. or enter another. Because today only 22% of people can access data and we want to increase that number significantly. Ajeet Singh on LinkedIn: Ajeet Singh Co Founder and Executive Chairman ThoughtSpot Ajeet Singh's Post Ajeet Singh 6mo I sat down with Karen Walker to share my experience of. Finally, you want people to have a sense of belonging. Dont fall back into old ways of doing things, even if its easy. Ajeet Singh, ThoughtSpots Co-founder and Executive Chairman, is no stranger to embracing change. year at AppDynamics, Spencer oversaw the largest team worldwide, Your #1 source for actionable insights, lessons learned, and exclusive interviews with CIOs, CTOs, and CISOs. An immigrant, entrepreneur, and and most importantly a disruptor, Singh has constructed two multi-billion dollar entities from the ground up. Prior to AppDynamics, Spencer was an account executive at BMC Productivity, Mindfulness, Health, and more. But if youre in the search bar, the user expectation is very different. Martin: How did you come up with that business idea of ThoughtSpot? We started this company in 2012, Ive been in the Valley for about seven years, actually eight years now. Play over 265 million tracks for free on SoundCloud. We saw that in the consumer space there are two billion people using search and the way to find information and we thought what if we could actually provide that user experience for numbers? Password reset instructions will be sent to your E-mail. If you talk to anybody who has being at the startup at any capacity its the best place to learn. On a recent episode of The Data Chief, Singh shared five things hes learned along the way about change management, organizational culture, and how to develop impactful talent. But for me I think what is important is understanding the risk model youre opting into, either directly or indirectly. So you want to make it simple for the humans on the frontend but on the backend also there is a lot of work that is done to set up BI products.
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