Pyramid

Founded in late 2008, Pyramid Analytics is a privately held software company with close to 200 employees. The company is headquartered in the Netherlands and has go-to-market teams in North America, Europe, the Middle East and Africa. Research and development largely takes place in Israel with a dedicated team of approximately 65 developers. The vendor recently received additional venture capital, this time from JVP, to grow its business. This funding is Pyramid Analytics’ third round, the previous one coming in 2015.

Pyramid Analytics’ vision is to help companies realize the full potential of their data by providing a unified data analytics platform that enables large enterprises to become data-driven and disruption-resilient.

Pyramid Analytics launched its first BI product, BI Office, back in 2012. BI Office grew over time into a mature and broad BI platform. However, because of changing customer requirements and technologies, the company decided a modernized architecture and technology was needed to address new markets and use cases such as embedding. In 2017, Pyramid Analytics launched Pyramid, its newly architected and revamped product.

Pyramid was built from the ground up to be an integrated platform which unifies enterprise-grade self-service with governance in one product that can be deployed anywhere, run on any data and used by any type of user. The product supports a broad range of BI and analytics scenarios by offering features for data preparation, data discovery, formatted reporting, dashboards and analysis. The web-based suite uses modern standards such as HTML5, Java and RESTful APIs. It also makes strong use of machine learning to differentiate the tool with the goal of making an impact in the highly competitive enterprise market. Pyramid Analytics markets its unified platform as the ‘Analytics OS’ (operating system), which clearly shows its aspiration to deliver a platform that caters for all the analytics needs of its customers.

User & Use Cases

Pyramid serves a broad range of user requirements. The product is mostly used for enterprise reporting, dashboards and analyses – all roughly to the same degree. 71 percent of respondents have also used the product for ad hoc querying. Despite having predefined content available to them, Pyramid users from business departments seem to be quite active content creators, analyzing data and visualizing it in reports and dashboards.

Advanced analytics functionality is used by 17 percent of respondents. However, an impressive 77 percent plan to invest in this trending area. Pyramid offers native integration of R and Python into the data flows of the product, as well as allowing users to incorporate third-party plug-ins and libraries. This support of advanced analytics is a differentiating factor for Pyramid.

86 percent of this year’s respondents came from mid-sized and large enterprises with a median of 100 users. The mean of 744 users shows that there are already a number of large deployments out there.

Current vs. planned use

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5 products most often evaluated in competition with Pyramid

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Percentage of employees using Pyramid

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Number of users using Pyramid

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Tasks carried out with Pyramid by business users

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Company size (number of employees)

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Pyramid

Peer Groups Ad Hoc Reporting-focused Products, BI & Analytics Specialists, Dashboarding-focused Products, Embedded Analytics-focused Products, Self-Service Analytics-focused Products
VendorPyramid Analytics
Number of responses35
ProductPyramid v2020
OfficesNetherlands (HQ), USA, UK and Israel
Employees175+
Customers750+
Websitewww.pyramidanalytics.com