Salesforce is buying Tableau for $15.7B

#1

Post by albertwang » Mon, Jun 10, 2019, 11:24 AM UTC

Salesforce is buying Tableau for $15.7B
techcrunch.com

Re: Salesforce is buying Tableau for $15.7B

#2

Post by te_chris » Mon, Jun 10, 2019, 12:01 PM UTC

Leave it to Salesforce to buy the clunky incumbent, not Periscope

Re: Salesforce is buying Tableau for $15.7B

#3

Post by diminish » Mon, Jun 10, 2019, 12:05 PM UTC

Bright years ahead for acquisitions in business & development tools segment: Slack, Gitlab, Figma

Re: Salesforce is buying Tableau for $15.7B

#4

Post by malux85 » Mon, Jun 10, 2019, 12:11 PM UTC

te_chris wrote: post #2

Leave it to Salesforce to buy the clunky incumbent, not Periscope

Thats because market penetration and revenue matters more than a few CSS animations

Re: Salesforce is buying Tableau for $15.7B

#5

Post by dgudkov » Mon, Jun 10, 2019, 12:14 PM UTC

I remember the wave of BI vendor acquisitions in 2007-2008 when IBM acquired Cognos and SAP acquired BusinessObjects. Now, 12 years later the wave repeats. Google is buying Looker. Salesforce is buying Tableau, and probably Qlik will be acquired within the next 1-2 years too.

Re: Salesforce is buying Tableau for $15.7B

#6

Post by olivermarks » Mon, Jun 10, 2019, 12:15 PM UTC

te_chris wrote: post #2

Leave it to Salesforce to buy the clunky incumbent, not Periscope

They are arguably essentially buying revenue to help their bottom line. Salesforce hopes to add $350-400M to their FY20 revenue

Re: Salesforce is buying Tableau for $15.7B

#7

Post by ackbar03 » Mon, Jun 10, 2019, 12:15 PM UTC

I never really understood tableu, it just makes fancy graphs from your data doesn't it? What's new about it?

Re: Salesforce is buying Tableau for $15.7B

#8

Post by laurentb » Mon, Jun 10, 2019, 12:16 PM UTC

te_chris wrote: post #2

Leave it to Salesforce to buy the clunky incumbent, not Periscope

Periscope has merged with Sisense: https://www.periscopedata.com/blog/periscope-data-sisense-be...

Re: Salesforce is buying Tableau for $15.7B

#9

Post by rotten » Mon, Jun 10, 2019, 12:17 PM UTC

ackbar03 wrote: post #7

I never really understood tableu, it just makes fancy graphs from your data doesn't it? What's new about it?

It is what Excel should have evolved into. I still think Microsoft should have bought them and merged it into Excel.

Re: Salesforce is buying Tableau for $15.7B

#10

Post by BrentOzar » Mon, Jun 10, 2019, 12:19 PM UTC

ackbar03 wrote: post #7

I never really understood tableu, it just makes fancy graphs from your data doesn't it? What's new about it?

> I never really understood tableu, it just makes fancy graphs from your data doesn't it? What's new about it?

It's really easy for business users to point it at a database and get started on their own, exploring the data. It feels like it has a much lower barrier to entry than many other reporting tools.

And once you win the hearts of executives, that's kind of the end of that discussion. It's a really sticky product.