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With BlackRock backing, Pyramid continues to transform analytics

November 25, 2024
November 25, 2024
The BlackRock logo in a yellow rectangle over a dark background

Pyramid Analytics positions itself as an emerging leader in the ever-changing 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.

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. Pyramid offers a natural language-based interface that understands user intent to provide actionable insights and reports.

Everyone is talking about it

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.

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.

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. Will your organization lead the trend or stay behind?

Schedule a demo to see Pyramid in action!

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