Data Visualization Landscape changed: October 2013

Something dramatic happened during October 2013 with Data Visualization (DV) Market and I feel it everywhere. Share Prices for QLIK went down 40% from $35 to $25, for DATA went down 20% from $72 to below $60, for MSTR went up 27% from $100 to $127 and for DWCH went up  25% from $27.7 to $34.5. This blog got 30% more visitors then usual and it reached 26000 visitors per month of October 2013!

dwchPlus3DVPricesOctober2013So in this blog post I revisited who are actually the DV leaders and active players in Data Visualization field, what events and factors important here and I also will form the DVIndex containing 4-6 DV Leaders and will use it for future estimate of Marketshare and Mindshare in DV market.

In terms of candidates for DV Index I need measurable players, so I will prefer public companies, but will mention private corporations if they are relevant. I did some modeling and it turned out that the best indicator for DV Leader if its YoY (Year-over-Year Revenue growth) is larger than 10% – it will separate obsolete and traditional BI vendors and me-too attempts from real DV Leaders.

Let’s start with traditional BI behemoths: SAP, IBM, Oracle and SAS: according to IDC, their BI revenue total $5810M, but none of those vendors had YoY (2012-over-2011) more then 6.7% ! These 4 BI Vendors literally desperate to get in to Data Visualization market (for example SAP Lumira, IBM is getting desperate too with Project Neo (will be in beta in early 2014), Rapidly Adaptive Visualization Engine (RAVE), SmartCloud Analytics-Predictive Insights, BLU Acceleration, InfoSphere Data Explorer or SAS Visual Analytics) but so far they were not competitive with 3 known DV Leaders (those 3 are part of DVIndex for sure) Qlikview, Tableau and Spotfire

5th traditional BI Vendor – Microsoft had BI revenue in 2012 as $1044M, YoY 16% and added lately a lot of relevant features to its Data Visualization toolbox: Power Pivot 2013, Power View, Power Query, Power Map, SSAS 2012 (and soon SQL Server 2014) etc. Unfortunately Microsoft does not have Data Visualization Product but pushing everything toward Office 365, SharePoint and Excel 2013, which cannot compete in DV market…

6th Traditional BI vendor – Microstrategy made during October 2013 a desperate attempt to get into DV market by releasing 2 free Data Visualization products: Microstrategy Desktop and Microstrategy Express, which are forcing me to qualify Microstrategy for a status of DV Candidate, which I will include (at least temporary) into DVIndex.  Microstrategy BI revenue for TTM (Trailing 12 months) was $574, YoY is below 5% so while I can include it into DVIndex, I cannot say (yet?) that Microstrategy is DV Leader.

Datawatch Corporation is public (DWCH), recently bought advanced Data Visualization vendor – Panopticon for $31M. Panopticon TTM Revenue approximately $7M and YoY was phenomenal 112%  in 2012! Combining it with $27.5M TTM Revenue of Datawatch (45% YoY!) giving us approximately 55% YoY for combined company and qualifying DWCH as a new member of DVIndex!

Other potential candidates for DVIndex can be Panorama (and their Necto 3.0 Product), Visokio (they have very competitive DV Product, called Omniscope 2.8), Advizor Solution with their mature Advizor Visual Discovery 6.0 Platform), but unfortunately all 3 companies choose to be private and I have now way to measure their performance and so they will stay as DV Candidates only.

In order to monitor the progress of open source BI vendors toward DV Market, I also decided to include into DVIndex one potential DV Candidate (not a leader for sure) – Actuate with their BIRT product. Actuate TTM revenue about $138M and YoY about 3%. Here is the tabular MarketShare result with 6 members of DVIndex:

MarketShareIndex

Please keep in mind that I have no way to get exact numbers for Spotfire, but I feel comfortable to estimate Spotfire approximately as 20% of TIBCO numbers. Indirect confirmation of my estimate came from … TIBCO’s CEO and I quote: “In fact, Tibco’s Spotfire visualization product alone boasts higher sales than all of Tableau.” As a result I estimate Spotfire’s YoY is 16% which is higher then 11% TIBCO has. Numbers in table above are fluid and reflect the market situation by the end of October 2013. Also see my attempt to visualize the Market Share of 6 companies above in simple Bubble Chart (click on it to Enlarge; where * X-axis: Vendor’s Revenue for last TTM: 12 trailing Months, * Y-axis: Number of Full-Time Employees, working for given Vendor, * Sized by Market Capitalization, in $B (Billions of Dollars), and * Colored by Year-Over-Year revenue Growth):

MarketShare

For that date I also have an estimate of Mindshare of all 6 members of DVIndex by using the mentioning of those 6 companies by LinkedIn members, LinkedIn groups, posted on LinkedIn job openings and companies with Linkedin profile:

MindShareIndex

Again, please see below my attempt to represent Mindshare of those 6 companies above with simple Bubble Chart ((click on it to Enlarge; here 6 DV vendors, positioned relatively to their MINDSHARE on LinkedIn and where * X-axis: Number of LinkedIn members, mentioned Vendor in LinkedIn profile, * Y-axis: Number of LinkedIn Job Postings, with request of Vendor-related skills, * Sized by number of companies mentioned them on LinkedIn and * Colored by Year-Over-Year revenue Growth):

MindShare

Among other potential DV candidates I can mention some recent me-too attempts like Yellowfin, NeitrinoBI, Domo, BIME, RoamBI, Zoomdata and multiple similar companies (mostly private startups) and hardly commercial but very interesting toolkits like D3. None of them have impact on DV Market yet.

Now, let’s review some of October events (may add more October events later):

1. For the fourth quarter, Qliktech predicts earnings of 28 cents to 31 cents a share on revenue between $156 million and $161 million. The forecast came in significantly lower than analysts’ expectations of 45 cents a share on $165.78 million in revenue. For the full year, the company projects revenue between $465 million and $470 million, and earnings between 23 and 26 cents a share. Analysts had expectations of 38 cents a share on $478.45 million. As far as I concern it is not a big deal, but traders/speculants on Wall Street drove QLIK prices down almost 40%

2. Tableau Software Files Registration Statement for Proposed Secondary Offering. Also Tableau’s Revenue in the three months ended in September rose to $61 million, 10 millions more then expected – Revenue jumped 90%! Tableau CEO Christian Chabot said the results were boosted by one customer that increased its contract with the company. “Our third quarter results were bolstered by a large multimillion-dollar deal with a leading technology company,” he said. “Use of our products in this account started within one business unit and over the last two years have expanded to over 15 groups across the company. “Recently, this customer set our to establish an enterprise standard for self-service business intelligence, which led to the multimillion-dollar transaction. This deal demonstrates the power and value of Tableau to the enterprise.” However DATA prices went down anyway in anticipation of a significant portion of these Shares Premium prices should quickly evaporate as the STOCK Options lock-up will expire in November 2013.

3. TIBCO TUCON 2013 conference somehow did not help TIBCO stock but in my mind brought attention to Datawatch and to the meteoric rise of DWCH stock (on Chart below compare it with QLIK and TIBX prices, which basically did not change during period of March-October of 2013) which is more then tripled in a matter of just 8 months (Datawatch bought and integrated Panopticon during exactly that period):

DWCHvsQLIKvsTIBXMar_Oct20134. Datawatch now has potentially better software stack then 3 DV Leaders, because of Datawatch Desktop is integrated with Panopticon Desktop Designer and Datawatch Server is integrated with Panopticon Data Visualization Server; it means that in addition to “traditional” BI + ETL + Big Data 3V features (Volume, Velocity, Variety) Datawatch has 4th V feature, which is relevant to DV Market: the advanced Data Visualization. Most visualization tools are unable to cope with the “Three V’s of Big Data” – volume, velocity and variety. However, Datawatch’s technology handles:

  • Data sources of any size (it has to be tested and compared with Qlikview, Spotfire and Tableau)

  • Data that is changing in real time (Spotfire has similar, but Qlikview and Tableau do not have it yet)

  • Data stored in multiple types of systems and formats

We have to wait and see how it will play out but competition from Datawatch will make Data Visualization market more interesting in 2014… I feel now I need to review Datawatch products in my next blog post…

Qlikview.Next has a gift for Tableau and Datawatch

Yesterday I got invited by Qliktech for their semi-annual New England QlikView Boston User Group meeting. It was so many participants, so Qliktech was forced to hold the Keynote (of course the presentation and the demo of Qlikview.Next) and 4 cool presentations by Customers and Partners (Ocean State Job Lot, Analog Devices, Cybex and Attivio) outside of its own office but in the same building  on the 1st floor @Riverside Offices in Newton, MA @Rebecca’s Cafe.

It was plenty of very excited people in a very large room and very promising demo and presentation of Qlikview.Next, which actually will not be generally available until 2014. Entire presentation was done using new and capable HTML5 client, based on functionality Qliktech got when it bought NComVA 6 months ago.

I was alarmed when presenter never mentioned my beloved Qlikview Desktop and I when I asked directly about it, the answer shocked and surprised me. One of the most useful piece of software I ever used will not be part of Qlikview.Next anymore. As part of Qlikview 11.2, it will be supported for 3 years and then it will be out of the picture! I did not believe it and asked one more time during demo and 2 more times after presentation in-person during Networking and Cocktail Hour inside Qliktech offices. While food and drink were excellent, the answer on my question was the same – NO!

LeafsAndNeedlesOnGrass

I have the utmost respect for very smart software developers, architects and product managers of Qlikview, but in this particular case I have to invoke 20+ years of my own advanced and very extensive experience as the Software Architect, Coder and Software Director and nothing in my past can support such a decision. I do not see why Qlikview.Next can not have both (and we as Qlikview users need and love both) Qlikview Desktop Client and Qlikview HTML5 client?

I personally urge Qliktech (and I am sure the majority of 100000+ (according to Qliktech) Qlikview community will agree with me) to keep Qlikview Desktop client as long as Qlikview exist. And not just keep it but 1st,  keep it as the best Data Visualization Desktop Client on market and 2nd, keep it in sync (or better ahead) with HTML5 client.

In case if Qlikview Desktop will disappear from Qlikview.Next, it will be a huge gift to Tableau and Datawatch (Spotfire Cloud Personal will no longer have access to the Spotfire Analyst desktop product and therefor Spotfire Cloud Personal is making a similar (partial) mistake as Qlikview.Next)

.

tableau_cmyk

Tableau recently invested heavily into progress of all variations of Tableau Desktop (Professional, Personal, Public, Online, Free Reader) including (finally) migration to 64-bit and even porting Desktop to MAC, so it will instantly get the huge advantage over Qlikview in desktop, workstation, development, design, debugging, testing, QA  and offline environments.

DATAWATCH CORPORATION LOGO

It will also almost immediately propel the Datawatch as a very attractive contender in Data Visualization market, because Datawatch got (when they bought Panopticon this year) the extremely capable Panopticon Desktop Designer

Panopticon_Data_Visualization_Software_logo_file,_800x155,_Real-Time_Visual_Data_Analysisin addition to its own very relevant line of products.

Again, I hope I misunderstood answer I got 4 times during 4-hour meeting and during follow-up networking/cocktail hour or if understood it correctly, Qliktech will reconsider, but I will respect their decision if they don’t…

So I have to disagree with Cindi Howson (as usual): even if “QlikTech Aims To Disrupt BI, Again“, it actually will disrupt itself first, unless it will listen me begging them to keep Qlikview Desktop alive, well and ahead of competition.

SunsetOnCapeCod102413

You can find in Ted Cuzzillo’s article here: http://datadoodle.com/2013/10/09/next-for-qlik/ the actual quote from Qliktech’s CEO Lars Björk: ““We can disrupt the industry again”. My problem with this quote that Qliktech considers itself as the insider and reinventor of the dead and slow BI industry, while Tableau with its new motto “DATA to the people” is actually trying to be out of this grave and be inside own/new/fast growing Data Visualization space/field/market, see also blogpost from Tony Cosentino, VP of Ventana Research, here: http://tonycosentino.ventanaresearch.com/2013/09/21/tableau-continues-its-visual-analytics-revolution/#!

You can see below interview with Time Beyers, who has own doubts about Qlikview.Next from investor’s point of view:

Basically, Qlikview.Next is late for 2 years, it will not have Qlikview Desktop (big mistake), it still does not promise any Qlikview Cloud services similar to Tableau Online and Tableau Public and it still does not have server-less distribution of visualizations because it does not have free Qlikview Desktop Viewer/Readers similar to free Tableau Reader. So far it looks to me that QLIK may have a trouble in the future…

The BI is a dead horse, long live the DV!

Last month Tableau and Qliktech both declared that Traditional BI is too slow (I am saying this for many years) for development and their new Data Visualization (DV software) is going to replace it. Quote from Tableau’s CEO: Christian Chabot: “Traditional BI software is obsolete and dying and this is very direct challenge and threat to BI vendors: your (BI that is) time is over and now it is time for Tableau.” Similar quote from Anthony Deighton, Qliktech’s CTO & Senior VP, Products: “More and more customers are looking at QlikView not just to supplement traditional BI, but to replace it“.

One of my clients – large corporation (obviously cannot say the name of it due NDA) asked me to advise of what to choose between Traditional BI tools with long Development Cycle (like Cognos, Business Objects or Microstrategy), modern BI tools (like JavaScript and D3 toolkit) which is attempt to modernize traditional BI but still having  sizable development time and leading Data Visualization tools with minimal development time (like Tableau, Qlikview or Spotfire).

Since main criterias for client were

  • minimize IT personnel involved and increase its productivity;

  • minimize the off-shoring and outsourcing as it limits interactions with end users;

  • increase end users’s involvement, feedback and action discovery.

So I advised to client to take some typical Visual Report project from the most productive Traditional  BI Platform (Microstrategy), use its prepared Data and clone it with D3 and Tableau (using experts for both). Results in form of Development time in hours) I put below; all three projects include the same time (16 hours) for Data Preparation & ETL, the same time for Deployment (2 hours) and the same number (8) of Repeated Development Cycles (due 8 consecutive feedback from End Users):

DVvsD3vsBI

It is clear that Traditional BI requires too much time, that D3 tools just trying to prolongate old/dead BI traditions by modernizing and beautifying BI approach, so my client choose Tableau as a replacement for Microstrategy, Cognos, SAS and Business Objects and better option then D3 (which require smart developers and too much development). This movement to leading Data Visualization platforms is going on right now in most of corporate America, despite IT inertia and existing skillset. Basically it is the application of the simple known principle that “Faster is better then Shorter“, known in science as Fermat’s Principle of least time.

This changes made me wonder (again) if Gartner’s recent marketshare estimate and trends for Dead Horse sales (old traditional BI) will stay for long. Gartner estimates the size of BI market as $13B which is drastically different from TBR estimate ($30B).

BIDeadHorseTheoryTBR predicts that it will keep growing at least until 2018 with yearly rate 4% and BI Software Market to Exceed $40 Billion by 2018 (They estimate BI Market as $30B in 2012 and include more wider category of Business Analytics Software as opposed to strictly BI tools). I added estimates for Microstrategy, Qliktech, Tableau and Spotfire to Gartner’s MarketShare estimates for 2012 here:

9Vendors

However, when Forrester asked people what BI Tools they used, it’s survey results were very different from Gartner’s estimate of “market share:

BIToolsInUse

“Traditional BI is like a pencil with a brick attached to it” said Chris Stolte at recent TCC13 conference and Qliktech said very similar in its recent announcement of Qlikview.Next. I expect TIBCO will say similar about upcoming new release of Spotfire (next week at TUCON 2013 conference in Las Vegas?)

Tableau_brick2

These bold predictions by leading Data Visualization vendors are just simple application of Fermat’s Principle of Least Time: this principle stated that the path taken between two points by a ray of light (or development path in our context) is the path that can be traversed in the least time.

Pierre_de_Fermat2Fermat’s principle can be easily applied to “PATH” estimates to multiple situations like in video below, where path from initial position of the Life Guard on beach to the Swimmer in Distress (Path through Sand, Shoreline and Water) explained: 

Even Ants following the Fermat’s Principle (as described in article at Public Library of Science here: http://www.plosone.org/article/info%3Adoi%2F10.1371%2Fjournal.pone.0059739 ) so my interpretation of this Law of Nature (“Faster is better then Shorter“) that  traditional BI is a dying horse and I advise everybody to obey the Laws of Nature.

AntsOn2SurfacesIf you like to watch another video about Fermat’s principle of Least Time and related Snell’s law, you can watch this: 
Google+

Data to the People: tb8.1 vs qv11.2 vs sf5.5

After announcement of Tableau 8.1 ( and completion of TCC13) this week people asked me to refresh my comparison of leading Data Visualization tools and I felt it is the good time to do it, because finally Tableau can claim it has 64-bit platform and it is able now to do more advanced Analytics, thanks to Integration with R (both new features needs to be benchmarked and tested, but until my benchmarks are completed I tend to believe to Tableau’s claims).  I actually felt that Tableau may be leapfrogged the competition and now Qlikview and Spotfire have to do something about it (of course if they care).

I enjoyed this week Tableau’s pun/wordplay/slogan “Data to the People” it reminds, of course, other slogan “Power to the People” but also indirectly refers to NYSE Symbol “DATA” which is the SYMBOL of Tableau Software Inc. and it means (indirectly): “Tableau to the People”:

DataToThePeople2

In fact the “keynote propaganda” from Christian Chabot and Chris Stolte was so close to what I am saying for years on this blog, that I used their slogan FEBA4A (“Fast, Easy, Beautiful, Anywhere for Anyone”) as the filter to include or remove from comparison any runner-ups, traditional, me-too and losing tools and vendors.

For example despite the huge recent progress Microsoft did with its BI Stack (updates in Office 2013, 365 and SQL 2012/14 of Power Pivot/View/Map/Query, SSAS, Data Explorer, Polybase, Azure Services, StreamInsight, in-Memory OLTP, Columnstore Indexing etc.) did not prevent me from removal of Microsoft’s BI Stack from comparison (MSFT still trying to sell Data Visualization as a set of add-ins to Excel and SQL Server as oppose to separate product), because it it is not FEBA4A.

For similar reasons I did not include runner-ups like Omniscope, Advizor, Panopticon (it is part of Datawatch now), Panorama, traditional BI vendors, like IBM, Oracle, SAP, SAS, Microstrategy and many me-too vendors like Actuate, Pentaho, Information Builders, Jaspersoft, Jedox, Yellowfin, Bime and dozens of others. I even was able finally to rule out wonderful toolkits like D3 (because they are not for “anyone” and they require brilliant people like Mike Bostock to shine).

I was glad to see similar thinking from Tableau’s CEO in his yesterday’s interview here: http://news.investors.com/091213-670803-tableau-takes-on-big-rivals-oracle-sap-ibm-microsoft.htm?p=full and I quote:

“The current generation of technology that companies and governments use to try to see and understand the data they store in their databases and spreadsheets is without exception complicated, development-intensive, staff-intensive, inflexible, slow-moving and expensive. And every one of those adjectives is true for each of the market-share leaders in our industry.”

Here is my brief and extremely personal (yes, opinionated but not bias) comparison of 3 leading Data Visualization (DV Comparison) platforms (if you cannot see in your browser, see screenshot below of Google Doc:

I did not add pricing to comparison, because I cannot find enough public info about it. This is all I have:

  • https://tableau.secure.force.com/webstore

  • http://www.qlikview.com/us/explore/pricing

  • https://silverspotfire.tibco.com/us/get-spotfire/silver-spotfire-feature-matrix

  • additional pricing info for Tableau Server Core Licensing: “8 core server (enough to support 1,000 users, or 100 concurrent) for Tableau is $180k first year, about $34k every year after year 1 for maintenance”. With 8 core licensing I actually witnessed support for more then 1000 users: 1300+ active interactors, 250+ Publishers, 3000+ Viewers. I also witnessed (2+ years ago, since then price grew!) more than once that negotiation with Tableau Sales can get you down to $160K for 8 Core license with 20% every year after year 1 for maintenance (so in 2010-2011 total price was about $192K with 1 year maintenance)

  • Also one of visitors indicated to me that current pricing for 8 core Tableau 8.0 license for 1st year is $240K  now plus (mandatory?) 20-25% maintenance for 1st year… However negotiations are very possible and can save you up to 20-25% of “discount”. I am aware of recent cases where 8-core license was sold (after discount) for around $195K with maintenance for 1st year for about $45K so total sale was $240K with 1st year maintenance (25% growth in price for last 3 years).

Below is a screenshot of above comparison, because some browsers (e.g. Safari or Firefox before version 24) cannot see either Google Doc embedded into WordPress or Google Doc itself:

DVComparisonSeptember2013

Please note that I did not quantify above which of 3 tools are better, it is not possible until I will repeat all benchmarks and tests (I did many of those in the past; if I will have time in the future, I can do it again) when actual Tableau 8.1 will be released (see latest here: https://licensing.tableausoftware.com/esdalt/ ). However I used above the green color for good and red color for bad (light-colored backgrounds in 3 middle columns indicated good/bad). Also keep in mind that Qliktech and TIBCO may release something new soon enough (say Qlikview 12 or they called it now Qlikview.Next and Spotfire 6), so leapfrogging game may continue.

Update 10/11/13: interesting article about Tableau (in context with Qlikview and Spotfire) by Akram Annous from SeekeingAlpha: http://seekingalpha.com/article/1738252-tableau-a-perfect-short-with-a-catalyst-to-boot . Akram is very active visitor to my blog, especially to this article above. This article only 1 month old but already needs updates due recent pre-announcements about Qlikview.Next (Qlikview 12) and Spotfire 6, which as I predicted showing that leapfrogging game continue at full speed. Akram is brave enough by “targeting” pricing for DATA shares as $55 IN 30 DAYS, $35 IN 6 MONTHS. I am not convinced yet.

frogleap4if you will see the AD below, it is not me, it is wordpress.com…

Tableau 8.1 announced, 8.2 to follow

Today Tableau Customer Conference 2013 started with 3200+ attendees from 40+ countries and 100+ industries, with 700 employees of Tableau, 240 sessions. Tableau 8.1 pre-announced today for release in fall of 2013, also version 8.2 planned for winter 2014, and Tableau 9.0 for later in 2014.

Update 9/10/13: keynote now is available recorded and online:  http://www.tableausoftware.com/keynote
(Recorded Monday Sept 9, 2013 Christian Chabot, Chris Stolte and the developers LIVE)

New in 8.1: 64-bit, Integration with R, support for SAML, IPV6 and External Load Balancers, Copy/Paste Dashboards and worksheets between workbooks, new Calendar Control, own visual style, including customizing even filters, Tukey’s Box-and-Whisker Box-plot, prediction bands, ranking, visual analytics for everyone and everywhere (in the cloud now)

Planned and new for 8.2: Tableau for MAC, Story Points (new type of worksheet/dashboard with mini-slides as story-points), seamless access to data via data connection interface to visually build a data schema, including inner/left/right/outer visual joins, beautifying columns names, easier metadata etc, Web authoring enhancements (it may get into 8.1: moving quick filters, improvement for Tablets, color encoding.) etc.

8.1:  Francois Ajenstat announced: 64-bit finally (I asked for that for many years) for server processes and for Desktop, support for SAML (single-sign-ON on Server and Desktop), IPV6, External Load Balancers:

Francois

SAML8.1: Dave Lion announced R integration with Tableau:

DaveLion

r8.1: Mike Arvold announced “Visual Analytics for everyone”, including implemention of famous Tukey’s Box-and-Whisker Box-plot, better forecasting, prediction bands, ranking, better heatmaps:

MikeArvold8.1: Melinda Minch announced “fast, easy, beautiful”, most importantly copy/paste dashboards and worksheets between workbooks, customizing everything, including quick filters, new calendar control, own visual style, folders in Data Window etc…

MelindaMinch28.2: Jason King pre-announced the Seamless access to data via data connection interface to visually build a data schema, including inner/left/right/outer “visual” joins, beautifying columns names, default formats, new functions like DATEPARSE, appending data-set with new tables, beautifying columns names, easier metadata etc.

JasonKingSeamlessAccess2data28.2: Robert Kosara introduced Story Points (using new type of worksheet/dashboard with mini-slides as story-points) for new Storytelling functionality:

RobertKosara28.2: Andrew Beers pre-announced Tableau 8.2 on MAC and he got a very warm reception from audience for that:

AndrewBeers3Chris Stolte proudly mentioned his 275-strong development team, pre-announced upcoming Tableau Releases 8.1 (this fall), 8.2 (winter 2014) and 9.0 (later in 2014) and introduced 7 “developers” who (see above Francois, Mike, Dave, Melinda, Jason, Robert and Andrew) discussed during this keynote new features (feature list is definitely longer and wider that recent “innovations” we saw from Qlikview 11.2 and even from Spotfire 5.5):

ChrisStolte2Christian Chabot opening keynote today… He said something important: current BI Platforms are not fast, nor easy, they are not beautiful and not for anyone and they are definitely not “anywhere” but only in designated places with appropriate IT personnel (compare with Tableau Public, Tableau Online, Tableau free Reader etc.) and it is only capable to produce a bunch of change requests from one Enterprise’s department to another, which will take long time to implement with any SDLC framework.

CEOChristian basically repeated what I am saying on this blog for many years, check it here http://apandre.wordpress.com/market/competitors/ : traditional BI software (from SAP, IBM, Oracle, Microstrategy and even Microsoft cannot compete with Tableau, Qlikview and Spotfire) is obsolete and dying and this is very direct challenge and threat to BI vendors (I am not sure if they understand that): your (BI that is) time is over and now it is time for Tableau (also for Qlikview and Spotfire but they are slightly behind now…).

Summer Readings from my Google+ Page

While blog preserving my observations and thoughts, it preventing me to spend enough time to read what other people thinking and saying, so I created almost 2 years ago the extension of this blog in the form of 2 Google+ pages http://tinyurl.com/VisibleData and http://tinyurl.com/VisualizationWithTableau , where I accumulated all reading pointers for myself and gradually reading those materials when I have time.

Those 2 pages magically became extremely popular (this is unintended result) with total more than 5000 Google+ followers as of today. For example here is a Chart showing monthly growth of the  number of followers for the main extension of this blog http://tinyurl.com/VisibleData :

GPFollowersMonthly

So please see below some samples of Reading Pointers accumulated over last 3 months of summer by my Google+ pages:

Author trying to simplify BigData Definition as following: “BigData Simplified: Too much data to fit into a single server”: http://yottascale.com/entry/the-colorful-secrets-of-bigdata-platforms

Recent talk from Donald Farmer: http://www.wired.com/insights/2013/06/touch-the-next-frontier-of-business-intelligence/

Dmitry pointing to implementation Disaster of Direct Discovery in Qlikview 11.2: http://bi-review.blogspot.com/2013/04/first-look-at-qlikview-direct-discovery.html

Specs for Tableau in Cloud: https://www.tableausoftware.com/products/online/specs

The DB-Engines Monthly Ranking ranks database management systems according to their popularity. Turned out that only 3 DBMSes are popular: Oracle, SQL Server and MySQL:

According to Dr. Andrew Jennings, chief analytics officer at FICO and head of FICO Labs, three main skills of data scientist are the same 3 skills I tried to find when hiring programmers for my teams 5, 10, 20 and more years ago: 1. Problem-Solving Skills. 2. Communications Skills. 3. Open-Mindedness. This makes all my hires for last 20+ years Data Scientists, right? See it here: http://www.informationweek.com/big-data/news/big-data-analytics/3-key-skills-of-successful-data-scientis/240159803

A study finds the odds of rising to another income level are notably low in certain cities, like Atlanta and Charlotte, and much higher in New York and Boston: http://www.nytimes.com/2013/07/22/business/in-climbing-income-ladder-location-matters.html

Tableau is a prototyping tool: http://tableaufriction.blogspot.com/2013/07/the-once-and-future-prototyping-tool-of.html

Why More Data and Simple Algorithms Beat Complex Analytics Models: http://data-informed.com/why-more-data-and-simple-algorithms-beat-complex-analytics-models/

New Census Bureau Interactive Map Shows Languages Spoken in America: http://www.census.gov/newsroom/releases/archives/education/cb13-143.html

Google silently open sourced a tool called word2vec, prepackaged deep-learning software designed to understand the relationships between words with no human guidance. It actually similar to known for a decade methods called PLSI and PLSA:

“Money is not the only reward of education, yet it is surely the primary selling point used to market data science programs, and the primary motivator for students. But there’s no clear definition of data science and no clear understanding of what knowledge employers are willing to pay for, or how much they will pay, now or in the future. Already I know many competent, diligent data analysts who are unemployed or underemployed. So, I am highly skeptical that the students who will invest their time and money in data science programs will reap the rewards they have been led to expect.”: http://www.forbes.com/sites/gilpress/2013/08/19/data-science-whats-the-half-life-of-a-buzzword/

Some good blog-posts from InterWorks:

Technique for using Tableau data blending to create a dynamic, data-driven “parameter”: http://drawingwithnumbers.artisart.org/creating-a-dynamic-parameter-with-a-tableau-data-blend/

More about Colors:

Russian Postcodes are collected and partially visualized:

http://acuitybusiness.com/blog/bid/175066/Three-Reasons-Why-Companies-Should-Outlaw-Excel

EXASolution claims to be up to 1000 times faster than traditional databases and the fastest database in the world – based on in memory computing.
http://www.exasol.com/en/exasolution/technical-details.html

web interest to Tableau and Qlikview:
http://www.google.com/trends/explore?q=qlikview%2C+tableau%2C+spotfire%2C+microstrategy#q=tableau%2C%20microstrategy%2C%20qlikview%2C%20spotfire&geo=US&date=9%2F2008%2061m&cmpt=q

Free rows from Market Capitalization DV Leader

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Last week Tableau increased by 10-fold the capacity of Data Visualizations published with Tableau Public to a cool 1 Million rows of Data, basically to the same amount of rows, which Excel 2007, 2010 and 2013 (often used as data sources for Tableau Public) can handle these days and increased by 20-fold the storage capacity (to 1GB of free storage) of each free Tableau Public Account, see it here:

http://www.tableausoftware.com/public/blog/2013/08/one-million-rows-2072

It means that free Tableau Public Account will have the storage twice larger than Spotfire Silver’s the most expensive Analyst Account (that one will cost you $4500/year). Tableau said: “Consider it a gift from us to you.”. I have to admit that even kids in this country know that there is nothing free here, so please kid me not – we are all witnessing of some kind of investment here – this type of investment worked brilliantly in the past… And all users of Tableau Public are investing too – with their time and learning efforts.

And this is not all: “For customers of Tableau Public Premium, which allows users to save locally and disable download of their workbooks, the limits have been increased to 10 million rows of data at 10GB of storage space” see it here:

http://www.tableausoftware.com/about/press-releases/2013/tableau-software-extends-tableau-public-1-million-rows-data without changing the price of service (of course in Tableau Public Premium price is not fixed and depends on the number of impressions).

Out of 100+ millions of Tableau users only 40000 qualified to be called Tableau Authors, see it here  http://www.tableausoftware.com/about/press-releases/2013/tableau-software-launches-tableau-public-author-profiles so they are consuming Tableau Public’s Storage more actively then others. As an example you can see my Tableau’s Author Profile here: http://public.tableausoftware.com/profile/andrei5435#/ .

I will assume those Authors will consume 40000GB of online storage, which will cost to Tableau Software less then (my guess, I am open to correction from blog visitors) $20K/year just for the storage part of Tableau Public Service.

During the last week the other important announcement on 8/8/13 – Quarterly Revenue – came from Tableau: it reported the Q2 revenue of $49.9 million, up 71% year-over-year: http://investors.tableausoftware.com/investor-news/investor-news-details/2013/Tableau-Announces-Second-Quarter-2013-Financial-Results/default.aspx .

Please note that 71% is extremely good YoY growth compare with the entire anemic “BI industry”, but less then 100% YoY which Tableau grew in its private past.

All these announcements above happened simultaneously with some magical (I have no theory why this happened; one weak theory is the investors madness and over-excitement about Q2 revenue of $49.9M announced on 8/8/13?) and sudden increase of the nominal price of Tableau Stock (under the DATA name on NYSE) from $56 (which is already high) on August 1st 2013 (announcement of 1 millions of rows/1GB storage for Tableau public Accounts) to $72+ today:

DATAstock812Area2

It means that the Market Capitalization of Tableau Software may be approaching $4B and sales may be $200M/year. For comparison, Tableau’s direct and more mature competitor Qliktech has now the Capitalization below $3B while its sales approaching almost $500M/year. From Market Capitalization point of view in 3 moths Tableau went from a private company to the largest Data Visualization publicly-traded software company on market!