Sigma Recognized as a Representative Vendor in the 2023 Gartner® Hype Cycle™ for Analytics and Business Intelligence

The 2023 Gartner Hype Cycle for Analytics and Business Intelligence highlights the progression of AI and ABI technologies, recognizing Sigma as a first-time Representative Vendor in the 'Cloud Analytics' category due to its cloud-native capabilities that enable rapid and scalable data analysis. The report emphasizes the growing adoption of cloud analytics, driven by the need for high computational power and faster time to value, as seen in companies like Blackstone and DoorDash utilizing Sigma for cloud-scale data analytics. Additionally, the report discusses the impact of generative AI, the rise of embedded and self-service analytics, and the evolving market for low-code and no-code interfaces that facilitate these capabilities. Sigma AI is introduced to enhance productivity, usability, and helpfulness, enabling faster insights through GPT-powered components and natural language processing. The report also notes the significant market benefit of embedded analytics, as demonstrated by companies like Raptive and Slope Software, which have achieved substantial business outcomes by leveraging Sigma's embedded capabilities.