Tableau Finds Success Since Going Public Last Year
March 12, 2014
Investment site the Street is very enthused about Tableau Software, which went public less than a year ago. In fact, they go so far as to announce that “Tableau’s Building the ‘Google for Data’.” In this piece, writer Andrea Tse interviews Tableau CEO Christian Chabot. In her introduction, Tse notes that nearly a third of the company’s staff is in R&D—a good sign for future growth. She also sees the direction of Tableau’s research as a wise. The article explains:
“The research and development team has been heavily focused on developing technology that’s free of skillset constraints, utilizable by everyone. This direction has been driven by the broad, corporate cultural shift to employee-centric, online-accessible data analytics, from the more traditional, hierarchical or top-down approach toward data analysis and dissemination.
“Tableau 9 and Tableau 10 that are in the product pipeline and soon-to-be-shipped Tableau 8.2 are designed to highlight ‘storytelling’ or visually striking data presentation.
“Well-positioned to ride the big data wave, Tableau shares, as of Tuesday’s [February 11] intraday high of $95, are now trading over 206% above its initial public offering price of $31 set on May 16.”
In the interview, Chabot shares his company’s research philosophy, touches on some recent large deals, and takes a gander at what’s is ahead. For example, his developers are currently working hard on a user-friendly mobile platform. See the article for details. Founded in 2003 and located in Seattle, Tableau Software grew from a project begun at Stanford University. Their priority is to help ordinary people use data to solve problems quickly and easily.
Cynthia Murrell, March 12, 2014
Sponsored by ArnoldIT.com, developer of Augmentext
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