Tableau Software

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Tableau Software
Public
Traded as NASDAQDATA
Industry Software
Founded Seattle, Washington (2003)
Founder Christian Chabot
Chris Stolte
Pat Hanrahan
Headquarters Seattle, Washington, United States
Key people
  • Adam Selipsky, CEO
  • Christian Chabot, Co-founder and Chairman of the Board
  • Chris Stolte, Co-founder and Technical Advisor
  • Andrew Beers, CDO
  • Pat Hanrahan, Chief Scientist and Co-founder
Revenue
  • Increase US$412,616,000 (2014)
  • US$ 232,440,000 (2013)
[1]
  • Decrease US$ 5,873,000 (2014)
  • US$ 7,076,000 (2013)
[1]
Number of employees
3,248 (August 2016)
Website tableau.com

Tableau Software (/tæbˈl/ tab-LOH) is a software company[2] headquartered in Seattle, United States which produces interactive data visualization products[3] focused on business intelligence.[4] It initially began in order to commercialize research which had been conducted at Stanford University's Department of Computer Science between 1999 and 2002.[5] It was founded in Mountain View, California in January, 2003 by Chris Stolte, who specialized in visualization techniques for exploring and analyzing relational databases and data cubes.[6] The product queries relational databases, OLAP cubes, cloud databases, and spreadsheets and then generates a number of graph types.

Tableau has a mapping functionality,[7][8] and is able to plot latitude and longitude coordinates.[9] It has been criticized for being overly US-centric.[10] They also offer custom geocoding,[11] as well as five ways to access their products: Desktop (both professional and personal editions), Server, Online (which scales to support thousands of users), Reader and Public, with the last two free to use.[12] Vizable, a consumer data visualization mobile app, was released in 2015.[13]

Public company[edit]

On May 17, 2013, Tableau launched an initial public offering (IPO) on the New York Stock Exchange,[14] raising more than $250 million USD.[15] Prior to its IPO, Tableau raised over $45 million in venture capital investment from investors such as NEA and Meritech.[15]

The company's 2013 revenue reached $232.44 million, an 82% growth over 2012's $128 million.[16] In 2010, Tableau reported revenue of $34.2 million. That figure grew to $62.4 million in 2011 and $127.7 million in 2012. Profit during the same periods came to $2.7 million, $3.4 million, and $1.6 million, respectively.[17] The founders moved the company to Seattle, Washington in October, 2003, where it remains headquartered today.[18] In August 2016, Tableau announced the appointment of Adam Selipsky as president and CEO, effective September 16, 2016, replacing co-founder Christian Chabot as CEO.[19]

Wikileaks and policy changes[edit]

View from the Tableau Software Office

On December 2, 2010, Tableau withdrew its visualizations from the contents of the United States diplomatic cables leak by WikiLeaks, with Tableau stating that it was directly due to political pressure from US Senator Joe Lieberman.[20][21]

On February 21, 2011, Tableau posted an updated data policy.[22] The accompanying blog post cited the two main changes as (1) creating a formal complaint process and (2) using freedom of speech as a guiding principle.[23] In addition, the post announced the creation of an advisory board to help the company navigate future situations that "push the boundaries of the policy."[23] Tableau likened the new policy to the model set forth in the Digital Millennium Copyright Act, and opined that under the new policy, the Wikileaks cables would not have been removed.[24]

Awards[edit]

Pie chart created by Tableau Software
Population pyramid created by Tableau Software

Tableau Software has won awards including "Best Overall in Data Visualization" by DM Review, "Best of 2005 for Data Analysis" by PC Magazine,[25] and "2008 Best Business Intelligence Solution (CODiE award)" by the Software & Information Industry Association.[26]

References[edit]

  1. ^ a b "99.1 - 01 (Q4 2014)". SEC. 2 February 2015. Retrieved 26 February 2015. 
  2. ^ A Dead-Simple Tool That Lets Anyone Create Interactive Maps
  3. ^ Tableau Software Helping Data Become More Visual
  4. ^ "Tableau Business Intelligence". Tableau Software. Retrieved 2013-04-11. 
  5. ^ "How To Get a 20 Million Dollar Pre-Money Valuation for Series A: Tableau Software CEO Christian Chabot (Part 3)". One MIllion by One Million by Sramana Mitra. Retrieved 2014-04-23. 
  6. ^ "Christopher R. Stolte: Ph.D. Candidate @ Stanford". Graphics.stanford.edu. Retrieved 2011-11-16. 
  7. ^ Maps
  8. ^ Tips for avoiding nulls & errors using Tableau
  9. ^ Plotting Geographic Data Using Custom Longitude and Latitude Values
  10. ^ How to map geographies in Tableau that are not built in to the product (e.g. UK postcodes, sales areas)
  11. ^ Custom Geocode Your Data
  12. ^ "Tableau Desktop Pricing". 
  13. ^ https://vizable.tableau.com/
  14. ^ CNBC Big Data's IPO: Tableau Software Is a Big One
  15. ^ a b Lunden, Ingrid (May 17, 2013). "Big Data Analytics Specialist Tableau Software Raises $254M In IPO". TechCrunch. Retrieved April 29, 2014. 
  16. ^ "Financial Statements for Tableau Software Inc - Google Finance". google.com/finance. Google Finance. Retrieved 29 April 2015. 
  17. ^ "Forms S-1". SEC. Retrieved 2013-04-11. 
  18. ^ "Tableau CEO Chabot: Seattle is the promised land of startup America". GeekWire. Retrieved 2014-04-23. 
  19. ^ Lerman, Rachel (22 August 2016). "Seattle Times". Retrieved 23 August 2016. 
  20. ^ Arthur, Charles; Halliday, Josh (December 3, 2010). "WikiLeaks cables visualisation pulled after pressure from Joe Lieberman". The Guardian. London. 
  21. ^ Fink, Elissa (December 2, 2010). "Why we removed the WikiLeaks visualizations". Tableau Software. 
  22. ^ "The Data is In: New Policy & Advisory Board for Tableau Public". Tableau Software. 2011-02-21. Retrieved 2015-04-07. 
  23. ^ a b Fink, Elissa (February 21, 2011). "The Data is In: New Policy & Advisory Board for Tableau Public". Tableau Software. 
  24. ^ Kosara, Robert (February 22, 2011). "Tableau Public's New Data Policy". EagerEyes blog. Retrieved March 13, 2013. 
  25. ^ "Software: Business - Tableau - Best of the Year". PCMag.com. November 11, 2005. Retrieved 2011-11-16. 
  26. ^ "2008 Codie Award Winners". SIIA.net.

External links[edit]