ThoughtSpot Appoints Ketan Karkhanis as new Chief Executive Officer

ThoughtSpot, the AI-Powered Analytics Company, today announced that the Company has appointed Ketan Karkhanis as Chief Executive Officer.

Ketan is joining ThoughtSpot from Salesforce, where he has spent over a decade of his career. He most recently served as the Executive Vice President and General Manager of the Salesforce Sales Cloud business, leading one of the company's largest cloud businesses that generated more than $7 billion last fiscal year. He returned to Salesforce in March 2022 after his time as the COO of Turvo, a supply-chain collaboration platform that was acquired by Lineage Logistics in 2022. Before that, Ketan was the Senior Vice President and General Manager of Salesforce Einstein Analytics, incubating the business from launch to over $300 million and a 30,000 strong user community.

“During this time of accelerated transformation driven by the advent of generative AI, there is no better person to lead ThoughtSpot than Ketan,” said Ajeet Singh, Co-Founder and Executive Chairman of ThoughtSpot. “He is a customer-obsessed, employee-focused business leader with a deep experience in analytics and has built and led world-class SaaS businesses of significant scale. The ThoughtSpot Board believes that Ketan is the right leader to help ThoughtSpot capitalize on its foundational innovation and capture the massive market opportunity that lies ahead in AI-powered analytics.”

Singh added, “Over the last six months, ThoughtSpot has made significant progress in accelerating its product roadmap, delivering genAI-driven value to customers that are migrating away from legacy visualization platforms, and centering its focus on durable growth at scale, all setting the table for our next CEO.”

“Ketan has the passion and experience to lead ThoughtSpot in its next chapter,” said Ravi Mhatre, Founder and Managing Director of Lightspeed Venture Partners and the founding investor on ThoughtSpot's Board of Directors. “This appointment comes at a perfect time for the market as analytics is redefined by genAI, and ensures that ThoughtSpot is best positioned to scale rapidly.”

“ThoughtSpot has built a fundamentally different approach to analytics since its inception, squarely focused on democratizing data and empowering everyone to make data-driven decisions with its AI and search-driven analytics platform,” said Ketan Karkhanis, CEO of ThoughtSpot. “ThoughtSpot has a significant head start in innovation that is required for truly delivering on the expectations that genAI has created, with a proven solution that is delivering value to some of the largest and most complex enterprises in the world. I am extremely honored to have the opportunity to lead the company that finds itself intersecting with the genAI tailwinds at a perfect time, and is in a strong position to capitalize on this market opportunity by bringing unparalleled value to over a thousand customers across the globe.”

Ketan has a Bachelor's in Computer Science from PICT (Pune Institute of Computer Technology, India) and an MBA from Santa Clara University Leavey School of Business.

About ThoughtSpot
ThoughtSpot is the AI-Powered Analytics company. Our mission is to create a more fact-driven world with the easiest to use analytics platform. With ThoughtSpot, anyone can leverage natural language search to ask and answer data questions with confidence. ThoughtSpot enables everyone within an organization to limitlessly engage with live data in any major cloud data platform, making it easy to create and interact with granular, hyper-personalized, and actionable insights. Customers can take advantage of both ThoughtSpot's web and mobile applications to improve decision-making for every employee, wherever and whenever decisions are made. With ThoughtSpot's low-code developer-friendly platform, ThoughtSpot Embedded, customers can also embed AI-Powered Analytics to their products and services, monetizing their data and engaging users to keep them coming back for more. Organizations like Capital One, Daimler, Comcast, Cigna, Royal Bank of Canada, Nasdaq, and Unilever rely on ThoughtSpot to transform how their employees and customers take advantage of data. Try ThoughtSpot today and see for yourself.

PR Contact:

Lindsay Noonan
Director of Communications, ThoughtSpot
[email protected]

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/88088950-4082-42c9-b99f-a944c31c28c8