ThoughtSpot a technology company that produces business intelligence analytics search software on Tuesday announced plans to invest 150 million across its operations in India over the next five years. Additionally ThoughtSpot has announced the opening of a new office in Trivandrum the companys third RD centre in India The new investment will fuel continued product innovation for the Modern Analytics Cloud empowering every company to build their business on data. Dominating the decade of data with Live Analytics. According to ThoughtSpot the company was built to empower anyone to tap into the full value of innovations through intuitive interactive Live Analytics Any team member from store clerk to business analyst to the executive chair can leverage search and Artificial Intelligence AI to selfserve insights and take action that drives their business forward In the last year ThoughtSpot said its annual recurring revenue from cloud offerings grew by 102 percent ThoughtSpot hopes to continue to grow by growing headcount by more than 30 percent across offices in Bengaluru Hyderabad and Trivandrum in the next year. Simultaneously it wants to expand beyond traditional RD with partner engineering working closely with software integrators SIs and other tech partners to build joint solutions and value for customers. The next step in ThoughtSpots strategic bet on India. The investments ThoughtSpot is making in India over the next five years are part of the companys longterm strategy in the market and natural evolution of activity to date. #thoughtspot Source:- CNBCTV18