With BlackRock backing, Pyramid continues to transform analytics

Pyramid Analytics positioned itself as an emerging leader in the ever-changing business intelligence (BI) market by securing backing from BlackRock. The $50 million investment by the world’s largest asset management company is much more than a cash infusion, it’s a strategic signal to analytics leaders as to where the industry is headed.

2024 marks a change in the BI industry, traditionally based on separate tools for every analytics stage and characterized by fragmentation and technical complexity. Pyramid’s all-in-one decision intelligence platform combines data preparation, business intelligence, and data science to offer a robust solution for all of the organization’s data needs.

What’s changed?

According to BlackRock’s managing director, John Doyle, backing Pyramid is part of the firm’s commitment to invest in innovative software and technology. This strategic investment will open the door for Pyramid to BlackRock clients to allow them to benefit from its platform, bridging data analytics and AI capabilities.

Pyramid seamlessly integrates AI and machine learning into every aspect of its platform, eliminating unnecessary complexities throughout the data lifecycle. It harnesses the AI revolution that’s already affecting every industry and aspect of life to make data accessible quickly and easily to users with any skill set.

This marks a turning point in how much value organizations can gain from their data and how they interact with it to make smarter decisions more quickly and efficiently.

The GenBI effect

Pyramid never stops innovating and creating new features, but this year, we released a true game changer: Generative BI (GenBI). GenBI is a natural language-based interface that harnesses the power of generative AI to understand user intent and provide actionable insights and reports.

This type of conversational analytics unlocks your data so everyone in the company has the key to meaningful insights and data-driven decisions, without relying on technical teams.

GenBI isn’t just another feature. It’s a revolution in how organizations interact with data and the value they can extract from it. Its impact is already making waves within the industry, gaining attention from BI leaders, analysts, and investors alike.

Everyone is talking about it

Thanks to its forward-looking approach to BI, Pyramid has already been recognized as a Visionary in Gartner’s 2024 Magic Quadrant report for Analytics and Business Intelligence Platforms. The leading technology consulting firm specifically mentioned Pyramid’s strengths in terms of data prep, data science, machine learning capabilities, and embedding options.

Pyramid also ranked highest in all four use cases in Gartner’s Critical Capabilities for Analytics and Business Intelligence Platforms report this year. Pyramid surpassed all established competitors including Power BI, Tableau, MicroStrategy, and Qlik, for analytics developers, business analysts, augmented consumers, and data scientists alike.

If that’s not enough, in the 2025 BI and Analytics Survey recently released by analyst firm BARC, Pyramid also ranked number one in 17 KPIs, exceeding 16 top competitors, across three peer groups.

Top companies are flocking to Pyramid

As both BARC and Gartner already established, Pyramid is a top choice for large organizations and enterprises looking to maximize the value they extract from their data.

Pyramid continues to attract government organizations, large corporations, healthcare providers, and educational institutions including the FDA, MuscleFood, and Volkswagen, to name a few.

As we step into 2025, we continue to bring value to all of our existing customers while expanding our reach to new forward-looking organizations.

It all adds up

BlackRock’s show of trust in Pyramid comes at a critical time for the BI industry as AI is transforming the way organizations interact with data.

This backing, along with the high rankings from Gartner and BARC, is another sign that Pyramid is what’s really next in analytics.

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