In 2020 the world will generate 50 times the amount of data
as in 2011. And 75 times the number of information sources (IDC, 2011). Within
these data are huge, unparalleled opportunities for human advancement. But to
turn opportunities into reality, people need the power of data at their fingertips.
Tableau is building software to deliver exactly that. Tableau Software is an
American computer software company headquartered in Seattle, WA, USA. It
produces a family of interactive data visualization products focused on
business intelligence.
The
company was founded at Stanford University’s Department of Computer Science
between 1997 and 2002. Professor Pat Hanrahan and Ph.D. student Chris Stolte
who specialized in visualization techniques for exploring and analyzing
relational databases and data cubes led research in the use of table-based
displays to browse multidimensional relational databases. Together, they
combined a structured query language for databases with a descriptive language
for rendering graphics and invented a database visualization language called
VizQL (Visual Query Language). VizQL formed the core of the Polaris system, an
interface for exploring large multi-dimensional databases. In 2003, after
Stolte recruited his former business partner and friend, Christian Chabot, to
serve as CEO Tableau was spun out of Stanford with an eponymous software
application. The product queries relational databases, cubes, cloud database,
and spreadsheets and then generates a number of graph types that can be
combined into dashboards and shared over a computer network or the internet.
In
2010, Tableau reported revenue of $34.2 million dollars. 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.
Shares of Tableau Software started trading on the New York Stock Exchange after
an initial public offering on May 17, 2013
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