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Tableau Software Shows Growth in BI Market

By Shamila Janakiraman
TMCnet Contributor

Tableau Software, which specializes in rapid-fire business intelligence software, announced that it has achieved record sales growth and record customer acquisitions as of third quarter 2010.

Company sources added that this has resulted in 123 percent year-over-year growth. Also the company has announced several job openings and is on the verge of hiring over 100 professionals who are adept at disruptive thinking.

In a release, Christian Chabot, CEO and co-founder of Tableau, said, “We’re growing fast because the market is starving for easy-to-use products that deliver rapid-fire business intelligence to everyone. Our customers want ways to unlock their databases and produce engaging reports and dashboards. We are fundamentally different than the legacy BI platforms that became popular last century. People want to be empowered by data rather than restricted by it, no matter their level in the organization.”

According to company sources, Tableau is a fast growing BI software company that is fast overtaking other Gartner Magic Quadrant players and disrupting an industry historically dominated by software giants like Microsoft, Oracle and IBM (News - Alert).

Tableau has generated a grand following as is proved by the fact that it sold off its 2010 Annual Customer Conference three weeks in advance even after doubling the capacity. This quarter, Tableau has been named by Software Magazine as the fastest growing software company in the $10 million to $30 million range in the world. It is also ranked as the second fastest growing software company across the world.

Chris Brinkman, CEO of TNL Global, Inc., explained that his company required high-quality BI reports as a global logistics provider. Tableau’s sophisticated approach has offered the company a powerful tool that is easy to use, built to last and preferred by customers.

Tableau’s products provide business analytics that are quick to deploy and easy to use. This is expected to relieve businesses from the complexity and rigidity of traditional business intelligence platforms. Also Tableau users can connect to virtually any data source and create interactive dashboards and visualizations, which can be shared across their organization.

Tableau Software provides fast analytics and data visualization software. The company’s business intelligence applications can be downloaded, and users will be able to create and share interactive data visualizations, dashboards and analytics, which can be scaled to any size organization.

Shamila Janakiraman is a contributing editor for TMCnet. To read more of Shamila’s articles, please visit her columnist page.

Edited by Tammy Wolf

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