Tableau Software Inc

Tableau Software Inc

Tableau Software Inc. incorporated on July 19, 2004, a computer software company. The Company’s products are used by around 17,000 organizations, including Fortune 500 corporations, small and medium-sized businesses, government agencies, universities, research institutions and non-profits. Organizations employ its products in a range of use cases, such as increasing sales, streamlining operations, improving customer service, managing investments, assessing quality and safety, studying and treating diseases, completing academic research, addressing environmental problems and improving education.

Products offered by Tableau Software Inc.

Tableau Software Inc is offering 3 products meeting needs of single user to an entire organisation.

Tableau Desktop

Tableau Server

Tableau Online

Tableau Reader (Free App)

Tableau Public   (Free App)

Tableau’s product helps single user to analyze data from a simple spreadsheet, and enable thousands of users across an enterprise to execute queries against databases, it provides a complete solution from single men to a Multinational organisation. (http://www.tableausoftware.com/products).

Revenue Classification/Financials

Tableau Software Inc has recently reported its financial results for the 3^rd quarter ended September 30, 2014, compared to the third quarter of 2013.

•Revenue was $104.5 million, up 71% year over year.

•License revenue was $69.8 million, up 66% year over year.

•International revenue was up 115% year over year.

•Added more than 2,500 new customer accounts.

•Closed 200 sales orders greater than $100,000, up 68% year over year.     

Tableau’s revenue comes from the licensing business increases 66% to 69.8 million from $42.0 prior quarter of 2013. http://investors.tableausoftware.com/files/doc_news/Q3Y14/Q3-2014-Earnings-Release-(Final)_v001_g95jb6.pdf

The financials shows that Tableau is heading like a bull to achieve its future goals with continuous innovation and expanding further its enterprise capabilities, new mobile App offerings and after sale customer support.

Competitive advantage

VizQL™

1.Making visual analysis real, a technology that allows you to visualize data of any size simply by dragging and dropping. The innovation is a patented software language that translates your drags and drops into an optimized database query and then displays the databases's response graphically.

This creates a fundamentally new way of interacting with databases and spreadsheets. People can now do data visualization and data analysis as a single action, streamlining the process of human visual analysis. The right presentation of data makes it easy to organize and understand the information. Computational support for visualization gives the user the ability to iterate on different presentations of data, asking new questions and exploring it interactively.

2. The next breakthrough was Tableau's Data Engine, which gives users the ability to do ad hoc analysis of massive data in seconds. The Data Engine combines advances in database and computer graphics technology to let you visually query massive data in a truly ad hoc fashion.

With huge data comes huge possibility. When we built the Data Engine, we focused on data layout and algorithms that allow Tableau to realize speed-of-thought performance. You can work with all your data in-memory on a laptop or mobile device and get query responses in seconds or less.

3. According to findings based on business leaders Gartner surveyed for its signature Magic Quadrant on BI and Analytics Platforms study, Tableau received one of the highest scores for Overall Product Ratings by Use versus Number of Survey Responses amongst the 30 Magic Quadrant BI platforms. Tableau customers recognized us for enabling them to conduct complex analysis without help from specialists, leading to better insights and business decisions.

‘’Customers of Data discovery vendors report achieving the highest business benefits. Making more advanced types of analysis easy for a broad range of users translates into customers deriving more business value from their deployments.’’

               

Customer Reviews

Ryan Renner, Deloitte

“We made the conscious choice of starting with Tableau at the staff level on down. So everybody from new-hire MBAs to people who come out of undergrad have Tableau.”

Richard Rothschild, Pandora

“Allowing our people to ask questions has provided huge value. Tableau makes it easier for people to get their own data and answer their own questions.”

Kevin Sonsky, Citrix

“Tableau is a wow product. It just works. With no consultants, no training, it just plugs in and it works.”

Peter Gilks, Barclays

“We send data and insight out via dashboards so our senior executives and frontline see the same data. It's getting people really excited about what data can do for them.”

Fundamental Analysis

Tableau is a development stage company in the subject industry however; grab its market share very quickly.Its innovative products,prices and user friendly interface enables wide variety of user to easily understand and work on it. 

Based on its financials as on 2013-12-31. Tableau has made a tremendous success and rising as an emerging leader in the software industry. Currently 2014-09-30 its Cash &Cash Equivalents stands on 644.52 million is very impressive figure based on its Cash & Equivalents of $252.67 million as on 2013-12-31.its total assets figure stands on $773.89 million in comparison with $354.93 (based on 2013-12-31) its total liabilities increases by only $40 million which is very nominal in comparison with its revenue figure, Having positive equity of $622.16 million.

Tableau is trading in red yet continuous to trade in impressive volumes and it looks that it will get back to its previous position in near future. So in total its financials are representing a very healthy trend and going onward by exploring its full potential.

Considering the fundamentals its Market capitalization of $6.87 billion looks a little bit overstated.

Technical Analysis

Tableau has been moving in a bullish trend since start of the year and touched its high at $100.28 in February, 2014 but start moving in a downtrend way from march, 2014 and continuous to trade in crest and through till October, 2014 and then start to climb the chart from October till now.

Tableau’s share prices saw it’s highest at $102.37 and it’s lowest at $52.02 in a 52-week period.

Conclusion

Tableau is on the move now and striving hard to capture the market share it deserves. Tableau has won the trust of the customers, besides its technology it’s after sale services and user friendly interface provides ease to its customers, even a non-technical person can have hands on experiences in a short span of time.