Mode Analytics vs ThoughtSpot comparison

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Mode Analytics

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Executive Summary

We performed a comparison between Mode Analytics and ThoughtSpot based on real PeerSpot user reviews.

Find out in this report how the two BI (Business Intelligence) Tools solutions compare in terms of features, pricing, service and support, easy of deployment, and ROI.

To learn more, read our detailed Mode Analytics vs. ThoughtSpot Report (Updated: May 2024).

Mode Analytics vs. ThoughtSpot

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Helped 787,061 peers since 2012

Categories and Ranking

Mode Analytics

Ranking in BI (Business Intelligence) Tools

20th

Average Rating

7.8

Number of Reviews

Ranking in other categories

No ranking in other categories

ThoughtSpot

Ranking in BI (Business Intelligence) Tools

15th

Average Rating

7.6

Number of Reviews

Ranking in other categories

Data Visualization (11th), Embedded BI (7th)

Market share comparison

As of June 2024, in the BI (Business Intelligence) Tools category, the market share of Mode Analytics is 0.4% and it increased by 279.9% compared to the previous year. The market share of ThoughtSpot is 2.0% and it increased by 27.1% compared to the previous year. It is calculated based on PeerSpot user engagement data.

BI (Business Intelligence) Tools

Unique Categories:

No other categories found

Data Visualization

3.0%

Embedded BI

17.6%

Featured Reviews

Tamás Srancsik

Data Analyst Lead at Vectornator

Sep 7, 2023

Helps to review results but data visualization is cumbersome

Mode Analytics helped us with short turnaround times. We also had a very lean data team working with many stakeholders. The tool helps to catch results and review them. The data visualization is cumbersome in Mode Analytics. I want the solution to add a map that has an easy interface. The UI is…

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Kevin McAllister

Executive Manager at Hexagon AB

Jan 18, 2023

You can also create custom analytics even if you aren't an experienced data analyst

We invested much effort into providing a feature in a product that the user said they needed in a particular region. When the product owner checked the usage of that feature in ThoughtSpot, they found that the customers had not even adopted the version of the product with that feature in it. With that knowledge, they could work with those customers to understand what was happening. Maybe they didn't know the feature they requested was in the product, or was there another reason they did not adopt the feature? It allowed the product owner to follow up with the customer on product adoption.

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Quotes from Members

We asked business professionals to review the solutions they use. Here are some excerpts of what they said:

Pros

"The most important feature of the solution is the ability to run Python-based scripts."

"The most valuable feature I would say is the flexibility in editing."

"The solution is simple for people from a viewing perspective, not a coding perspective."

"The tool helps to catch results and review them."

"I like ThoughtSpot's search capabilities. You can also create custom analytics even if you aren't an experienced data analyst. We have users with no data analytics experience making some of the dashboards we've created, copying components, and customizing them to their specific use cases."

"The ability to do ad hoc explorations of data has been most valuable."

"It is easy to set up the solution."

"It's easy to drill down or expand data to get more details right out of the box."

"ThoughtSpot takes the modifying of existing reports out of our hands."

"The initial setup was very straightforward."

"The scalability is good."

"I would say the return on investment is good. Whatever we invested, we got results. We have been finding it easy to use and onboard new use cases."

Cons

"I think in terms of User Interface, I would say it can be better."

"Mode Analytics needs to improve the overall user experience."

"The solution could run faster."

"The data visualization is cumbersome in Mode Analytics. I want the solution to add a map that has an easy interface. The UI is slow sometimes."

"A customized visualization is lacking in this product."

"The one area of the solution that I do hear needs improvement is on the visualization front."

"In terms of features, I'd like to be able to pivot data - for example, going from rows to columns. It's not easy to do."

"ThoughtSpot is a fairly new product, so some usability aspects aren't as mature as we'd like them to be. One example is their organizational methodology, like how objects are organized in their dashboards inside the product. They're all on a flat list, which works if you've got five or 10 dashboards. However, it's insufficient when you're a large enterprise with multiple groups looking at the same dashboards. It isn't organized well."

"The dashboards could give you more ability to fine tune the appearance. You get a great deal more control over how something looks in Power BI than you do in ThoughtSpot."

"If I want to order columns, this feature is not there."

"The most difficult thing I found is that it only deals with the files and does not have direct connectivity to databases."

"I would like to see more flexibility in adding the pins. Currently, we have four different sizes in which I can add pins, but I would like to be able to resize my pins."

Pricing and Cost Advice

"The pricing is per user."

"My decision-maker found the pricing expensive, but it is okay for me."

"Mode Analytics is cheap compared to other tools."

"I give the pricing a six out of ten."

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Top Industries

By visitors reading reviews

Computer Software Company

31%

Manufacturing Company

11%

Financial Services Firm

Healthcare Company

Financial Services Firm

24%

Computer Software Company

11%

Manufacturing Company

10%

Healthcare Company

Company Size

By reviewers

Large Enterprise

Midsize Enterprise

Small Business

No data available

Questions from the Community

What do you like most about Mode Analytics?

The solution is simple for people from a viewing perspective, not a coding perspective.

What needs improvement with Mode Analytics?

The solution could run faster. You just sit there, waiting during the load times, especially for the large ones. And if you're doing a presentation, no one likes awkwardly waiting for it to load. L...

What is your primary use case for Mode Analytics?

I was put in charge of creating a lot of the dashboards, so it was very much that there weren't people at the company that knew how to use the solution. I was just handed the solution when I transf...

What do you like most about ThoughtSpot?

It's easy to drill down or expand data to get more details right out of the box.

What is your experience regarding pricing and costs for ThoughtSpot?

I like the pricing structure. I get billed by how much data I put in, not how many people are looking at the data. It's better for me as I can control pricing a bit more easily.

What needs improvement with ThoughtSpot?

We'd like more flexibility with the calendar as our fiscal year does not align with the calendar year. We have to load or create our own custom calendar to actually need our fiscal year-end. With o...

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Product Reports

BI (Business Intelligence) Tools

Download Mode Analytics product report

Download ThoughtSpot product report

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Mode

Overview

Mode builds technology that helps analysts and data scientists unlock the value in data. The collaborative analytics platform tightly integrates SQL queries, Python notebooks, and reporting tools to make a profound impact on an entire organization's ability to use data effectively. Mode drives data-informed decisions at innovative companies including Clover Health, Thumbtack, Twitch, and Zenefits. Mode also supports the analytics community with free learning resources, open source SQL queries, and offers its tools for free to anyone analyzing public data.

ThoughtSpot is a powerful business intelligence tool that allows easy searching and drilling into data. Its ad hoc exploration and query-based search features are highly valued, and it is easy to set up, stable, and scalable.

The solution is used for reporting purposes, self-service BI, and embedding into other applications for customers to do self-service analytics. It helps businesses with metrics, KPIs, and important insights by sourcing data from various sources into one golden source and visualizing it in an easy way for the business to consume. The pricing model is ideal, charging for data rather than the number of users.

Sample Customers

Lyft, Zenefits, Twitch, Trello, Clover, Grovo, CrowdFlower, Segment, Everlane, Pocket, Highfive

Primary Capital Mortgage, Sterling Backcheck, RichRelevance, Rambus, Batteries Plus Bulbs

Mode Analytics vs. ThoughtSpot