Leading Industry Analyst Firm Ranks Tableau Software as World’s Fastest Growing Business Intelligence Vendor With 114% Growth Rate
Tableau Software Positioned as “Challenger” in Magic Quadrant for Business Intelligence
SEATTLE (May 01, 2011) – Tableau Software, the global leader in rapid-fire business intelligence software, today announced it is the world’s fastest growing Business Intelligence, Performance, and Analytics Software vendor based on year over year revenue growth in 2010, according to new research from Gartner Dataquest (Market Share Analysis: Business Intelligence, Analytics and Performance Management, Worldwide, 2010). While the business intelligence market overall grew by 13.4%, Tableau posted growth of 113.5%. Far outpacing traditional business intelligence vendors, Tableau grew more than four times as fast as the average vendor.
These findings come on the heels of Gartner’s seminal 2011 Magic Quadrant report for Business Intelligence Platforms*, which positioned Tableau as a “challenger” based on survey feedback from Tableau customers. Gartner also released detailed customer survey findings about Tableau and 27 other BI vendors, which can be used for a deeper look into what has driven Tableau’s remarkable growth. Tableau has made the full Magic Quadrant report and the supporting Gartner detailed reports available at no charge at http://www.tableausoftware.com/gartner. A video index of the report can be found at http://www.tableausoftware.com/gartner-video-guide. Tableau will be exhibiting at the Gartner Business Intelligence Summit in Los Angeles this week.
“We believe being included in Gartner’s Magic Quadrant is testament to the value Tableau provides. Innovative, rapid-fire business intelligence software that’s easy for both IT and end-users helps organizations be smarter, more agile and efficient,” said Christian Chabot, Tableau’s CEO and co-founder. “Our latest product release supports easy analyses of massive data sets and is fully scalable to large enterprises. It’s no surprise we’re topping our competitors’ growth by such a wide margin.”
“The efficiency of my group has gone through the roof,” said Shawn Spott, vice president and manager for RBC Wealth Management, a Tableau customer. “Because Tableau provides us with the self-service model, we’re able to continue to keep projects moving through the pipeline. The maintenance footprint is so small, we just load and go. It’s been off-the-charts successful.”
Tableau has made its mark in the business intelligence space by providing powerful, easy to use visual analytics that is unmatched across the industry. Award-winning Tableau Desktop lets people create interactive dashboards and visualizations using an easy drag-and-drop interface. Tableau Server, also an award winner, provides a complete web-based business intelligence solution for browser-based analytics anyone can learn and use. The suite can be deployed in hours, not months like traditional platforms.
Tableau recently expanded its Seattle, WA presence with new, additional offices in Kirkland on the eastside of the city; an open house is scheduled for June 14. People can register to attend at http://www.tableausoftware.com/kirkland-open-house. The company plans on hiring 150 people this year, many of them software developers. In addition, Tableau recently opened operations in Europe.
Gartner’s market share analysis report is based on direct surveys of 48 vendors with revenues over $10 million. For the Magic Quadrant reports, Gartner surveys customers of 28 vendors with revenues over $15 million.
* Magic Quadrant Disclaimer
The Magic Quadrant is copyrighted 2011, by Gartner, Inc. and is reused with permission. The Magic Quadrant is a graphical representation of a marketplace at and for a specific time period. It depicts Gartner’s analysis of how certain vendors measure against criteria for that marketplace, as defined by Gartner. Gartner does not endorse any vendor, product or service depicted in the Magic Quadrant, and does not advise technology users to select only those vendors placed in the “Leaders” quadrant. The Magic Quadrant is intended solely as a research tool, and is not meant to be a specific guide to action. Gartner disclaims all warranties, express or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
About Tableau Software
Tableau Software is the leading provider of visual analytics and rapid-fire business intelligence software. Ranked by Gartner in 2011 as the world’s fastest growing business intelligence company, Tableau makes its award-winning applications available for download at http://www.tableausoftware.com/trial. They enable anyone to easily create and share interactive data visualizations, dashboards and analytics from virtually any data, even massively big data, and can scale to organizations of any size or reach. For more information, please visit http://www.tableausoftware.com.
Source: Tableau Software
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