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Yup. We’re looking at a business intelligence renaissance

by Dashboard Insight, Dashboard InsightFriday, February 28, 2014

Barb Darrow writes for Gigaom on the business intelligence (BI) "renaissance" that we are entering/in and some of the "new-look" BI companies helping to lead the charge:


Image source: Shutterstock/Vladgrin

We know all about the giga-tons of information businesses are generating — and now collecting — in the era of big data. Now, judging by a rush of funding flowing into new-look business intelligence (BI) companies, there’s huge opportunity in helping mere mortals — line-of-business managers, not just CEOs and data geeks — see and analyze that data.

Just in the last few weeks, ThoughtSpot, the brainchild of former Oracle and Google engineers, raised $10.5 million from Lightspeed Ventures and others to bring Google-like search to corporate data. And Domo, a one-year-old startup founded by former Omniture CEO Joshua James, snagged an impressive $125 million in new VC,/a>, bringing its total to a healthy $250 million. (Adobe Systems bought Omniture for $1.8 billion in 2009.)

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