City
Epaper

ThoughtSpot Appoints Ketan Karkhanis as New Chief Executive Officer

By ANI | Updated: September 30, 2024 19:40 IST

BusinessWire IndiaMountain View (California) [US]/ Bengaluru (Karnataka) [India], September 30: ThoughtSpot, the AI-Powered Analytics Company, today announced that ...

Open in App

BusinessWire India

Mountain View (California) [US]/ Bengaluru (Karnataka) [India], September 30: 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.

(ADVERTORIAL DISCLAIMER: The above press release has been provided by BusinessWire India.will not be responsible in any way for the content of the same)

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Open in App

Related Stories

InternationalHigh alert issued Khyber Pakhtunkhwa following rain forecast between September 15 to 19

Cricket"If you don't get butterflies in your stomach...": Suryakumar on overcoming poor record against Pakistan

CricketGambhir expresses solidarity with Pahalgam attack victims, lauds Indian Armed forces following India's Asia Cup win over Pakistan

Other SportsHandshake snub of Pakistan players after Asia Cup clash was head coach Gambhir's idea: Report

InternationalRomania condemns Russia for violating airspace during attack on Ukraine, calls it "irresponsible"

Business Realted Stories

BusinessI-T Department refutes reports on ITR filing date extension, Sep 15 remains deadline

BusinessNew polypropylene plant to boost jobs, economic growth in Assam: Hardeep Puri

BusinessSpiceJet says salary delay part of ‘phased disbursement schedule’ during lean periods

BusinessUP govt charts roadmap for $6 trillion economy by 2047; special focus on AI, green energy, agri-tech sectors

BusinessPM Modi to launch ‘Swasth Nari, Sashakt Parivar Abhiyaan’ on Sep 17