22%
arrow_upward3% YoY
#2
Summary
- Hex ranks #2 within the Business Intelligence category, maintaining its position month-over-month.
- As of July 2026, 22% of organizations who have a vendor in the Business Intelligence category use Hex: up 3 percentage points from last year.
- Hex has the highest adoption among micro-SMB companies (36%), compared to small-to-medium businesses (26%), mid-market (17%), and enterprise (10%).
- Hex key capabilities include collaborative data notebooks, SQL-based analytics, and interactive visualization tools, supporting data exploration and business intelligence workflows.
Are businesses buying Hex?
Key stats
22%
arrow_upward3% YoY
Mid-Market, 59%
16%
20%
#3
#2
Adoption Rates by company size
| Company size | Adoption rate |
|---|---|
| SMB | 26% |
| Mid-market | 17% |
| Enterprise | 10% |
About Hex
Hex is a collaborative data workspace that makes it easy to explore data, build and share interactive analyses, and work together with your team.
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Have feedback?About this data
These insights come from Ramp’s procurement and renewal data, built on real-world transactions observed across our platform. Figures represent aggregated observations from Ramp Procurement and Renewals activity.
| Date | New adopter share | Competitor switch rate | Dominant FTE segment | Adoption rate (Enterprise) | Adoption rate (Mid-Market) | Adoption rate (SMB) |
|---|---|---|---|---|---|---|
| Jun 2026 | 16% | 20% | Mid-Market, 59% | 10% | 17% | 26% |
| May 2026 | 11% | 20% | Mid-Market, 58% | 9% | 17% | 26% |
| Apr 2026 | 18% | 20% | Mid-Market, 56% | 10% | 17% | 26% |
| Mar 2026 | 16% | 20% | Mid-Market, 56% | 12% | 17% | 25% |
| Feb 2026 | 15% | 19% | Mid-Market, 56% | 13% | 16% | 25% |
| Jan 2026 | 19% | 18% | Mid-Market, 54% | 14% | 17% | 25% |
| Dec 2025 | 19% | 18% | Mid-Market, 54% | 15% | 16% | 24% |
| Nov 2025 | 15% | 18% | Mid-Market, 54% | 16% | 16% | 23% |
| Oct 2025 | 22% | 17% | Mid-Market, 57% | 17% | 16% | 22% |
| Sep 2025 | 17% | 17% | Mid-Market, 56% | 13% | 16% | 22% |
| Aug 2025 | 16% | 18% | Mid-Market, 54% | 14% | 16% | 22% |
| Jul 2025 | 9% | 19% | Mid-Market, 53% | 14% | 15% | 22% |
| Jun 2025 | 16% | 19% | Mid-Market, 59% | 15% | 15% | 23% |
| May 2025 | 12% | 12% | Mid-Market, 59% | 10% | 15% | 22% |
| Apr 2025 | 11% | 12% | Mid-Market, 58% | 11% | 15% | 22% |
| Mar 2025 | 10% | 11% | Mid-Market, 62% | 13% | 15% | 22% |
| Feb 2025 | 21% | 12% | Mid-Market, 64% | 10% | 16% | 22% |
| Jan 2025 | 14% | 11% | Mid-Market, 64% | 7% | 15% | 22% |
| Dec 2024 | 9% | 10% | Mid-Market, 63% | 7% | 15% | 22% |
| Nov 2024 | 15% | 11% | Mid-Market, 63% | 7% | 15% | 22% |
| Oct 2024 | 11% | 13% | Mid-Market, 63% | 8% | 15% | 22% |
| Sep 2024 | 12% | 14% | Mid-Market, 63% | 8% | 16% | 22% |
| Aug 2024 | 11% | 17% | Mid-Market, 62% | 8% | 16% | 22% |
| Jul 2024 | 9% | 28% | Mid-Market, 66% | 9% | 16% | 22% |
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