In June 2023, ThoughtSpot, an AI-driven analytics player, acquired Mode Analytics, a provider of business intelligence solutions, in order to enhance the footprint of ThoughtSpot in India and increase the number of customers.
In May 2023, Qlik acquired Talend company to further develop the capabilities of Data integration and intelligence. The company seems to be on a mission to make modern businesses transform trust data, access it, analyse it and act on it.
In January 2023, Microsoft published a new feature, Power BI, within Microsoft Teams for enhanced usability. The announcements are accompanied by three new features, including rich broadcast cards for chat in Microsoft Teams, an update of the legacy Power BI tab in Channel 2.0 and the ability to listen and learn from experiences and requirements.
Tableau unveiled a new version of its platform, Tableau 2022.4, which was aimed at business users and analysts in December 2022. It achieves this with the use of data stories that help in the development, analysis, and communication of insights, such as Data Change Radar, Data Guide, and Explain the Viz, which require little analyst literacy.
In November 2022, Qlik launched a brand-new cloud-based data integration platform. This sophisticated platform is a cloud-based service where the catalogue and the data preparation are hosted in one space. The new integration allows organizations to carry out data analysis in real time. This advanced platform comes with several services that form the data fabric, which is the unification of services meant for the connection of data sources for the organization to have a holistic view of its data.
In October 2022, Mode Analytics declared its strategic collaboration with Dbt Labs to announce the unveiling of the new Dbt's Semantic Layer. First of all, thanks to the deep integration of Mode Analytics and Dbt Semantic Layer, defined, consistent metrics governed by the company's policies are available for instant exploration without any programming – only clicks. It helps, therefore, reliably and uniformly determine the definition of the key business metrics of the organization.
In October 2022, Oracle enhanced inclusive and integrated the data and analytics capabilities to boost the socio-corporate user's strength. Now, users of the corporate segment of Oracle Fusion Analytics, over the ERP, CX, HCM, and SCM, can employ strategic goals dashboards, rest and business performance over reports, and KPIs for evaluation of performance.
