William Blair & Company Analyst Bhavan Suri recently started recommending Tableau Software Inc (DATA). He says he has high conviction that the company is headed for solid growth.
“So Tableau is a leading technology in the analytics visualization space,” Suri says. “They’re the clear leader by far in that space and the fastest growing, despite being the largest in the visualization and data discovery market.”
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Suri says Tableau’s investment in R&D is more significant than its competitors. And, he says their solutions address the use cases that traditional business intelligence does not. He says traditional business intelligence requires multimillion-dollar implementation with consultants and takes six to 12 months to get up and running.
“With Tableau, you can point to existing data warehouse infrastructure. You can be up and running in hours, and the costs are materially lower, and more importantly it’s adjustable to every user,” he says. “So you could download it, I could download it, in fact my admin assistant can look at my expenses and analyze spend in Tableau. And that’s something that would have traditionally done in Excel and would have taken a lot of time and manipulation, and this is done in a matter of minutes.”
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