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Salesforce is buying Tableau for $15.7B

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31–40 of 387 posts

Re: Salesforce is buying Tableau for $15.7B

#31
Last week Looker, today Tableau, next week Qlik or Alteryx?

I wonder how this will integrate with Einstein and other AI products salesforce already has. Pardot is the first to come to mind. They already own Heroku, Mulesoft, and Quip.

Exciting times to be a data geek. Hopefully this adds more money to the AI race.

Re: Salesforce is buying Tableau for $15.7B

#32
post #30

Wow, Looker last week and now Tableau. I’m only 90 days in to running the open source equivalent inside GitLab, and these big revenue multiples are telling a fascinating story. I would’ve loved to be a fly on the wall for this negotiation, what a great outcome for Tableau shareholders! With all that’s happening we’re definitely looking to pick up the pace, and would love to work with more contributors on the free ope…

What's the business model?

Re: Salesforce is buying Tableau for $15.7B

#33
post #25
post #19

Earlier quoted context omitted.

Also, the business users can combine data sources and do joins. Instead of waiting for IT to produce the right views.

Business users don't usually have a clue what a join is.

Thats why their non-technical user abstraction is a worthwhile investment for businesses who want their devs to be doing real work instead of pandering to the latest whims of a product director / marketing exec

Re: Salesforce is buying Tableau for $15.7B

#34
post #25
post #19

Earlier quoted context omitted.

Also, the business users can combine data sources and do joins. Instead of waiting for IT to produce the right views.

Business users don't usually have a clue what a join is.

I think you might be surprised at how many people do know what a join is, they may call it another name, but it's not a hard concept to understand. It's a very common thing I've seen non-technical people do and use.

Re: Salesforce is buying Tableau for $15.7B

#35
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 produc…

From personal experience, Tableu has saved my team countless hours adding reporting features to our products just because some middle manager on another team got a hair in their butt, so I can see the value.

Re: Salesforce is buying Tableau for $15.7B

#36
post #22

This seems really high for a company without earnings and a weird growth curve. Their ticker is cool and maybe sales force wants to be DATA on nasdaq. Otherwise, it will be hard to justify this high markup for a tool company. It will be awesome if Salesforce can adjust their model and make Tableau spit out D3. Their desktop tool is nice for designing, but their server components seem frequently unnecessary for runnin…

You may want to take a look at [perspective](https://perspective.finos.org/), a WASM-based serverless dynamic visualization library with [D3FC](https://d3fc.io) charting.

Re: Salesforce is buying Tableau for $15.7B

#37
post #17

I love this. Mulesoft, Tableau -- there's a very clear strategy here for Salesforce. You're running all of your customer-facing operations on Salesforce, so why not also integrate the BI stack into everything? I've worked with a lot of companies who spend months (if not years) integrating their data into a few disparate systems... The finance team has one system (and underlying data lake), the commerce team another,…

It’s a risky play. At my enterprise company, we’re not allowed to use a single vendor for everything, we explicitly must use different companies if a favoured vendor hits a certain spend threshold. This is to prevent cost overruns and solution capture, where every solution to your company’s problems becomes “give it to X vendor” and then X vendor kills a product line and you’re toast. Salesforce needs to be careful o…

What are these spend thresholds?

Re: Salesforce is buying Tableau for $15.7B

#38
post #32
post #30

Wow, Looker last week and now Tableau. I’m only 90 days in to running the open source equivalent inside GitLab, and these big revenue multiples are telling a fascinating story. I would’ve loved to be a fly on the wall for this negotiation, what a great outcome for Tableau shareholders! With all that’s happening we’re definitely looking to pick up the pace, and would love to work with more contributors on the free ope…

What's the business model?

Have not decided yet, but I’m leaning toward consulting services and possibly even marketplace. There are so many more independent analysts, data engineers, and other experts/specialists who could provide a service network beyond anything we could hire internally.

It’s still very TBD while we get the product to a place where those opportunities start be more emergent. We definitely expect it to be an open core model though, similar to GitLab.

By remaining self-hosted we avoid the big expense (and risk) of storing users data, and they can pick whatever cloud they want. Our team is 5 core members working at GitLab, and we have about a dozen contributors. So it’s kind of a startup within a late stage “startup” (unicorn).

Re: Salesforce is buying Tableau for $15.7B

#39
Salesforce appears increasingly worried about being pigeonholed as a CRM product and wants to ride the data wave and be seen as a data product.

I’m not sure this acquisition makes a lot of sense though. The Tableau fad seems to be fading as people realize that while it’s a nice glorified Excel it doesn’t really solve the data issues most companies have. It seems like a very high price for a product that may be past it’s peak.

That said, we’ll done to the Tableau team for having gone public and then selling the company again at a nice bump.

Re: Salesforce is buying Tableau for $15.7B

#40
post #9

Earlier quoted context omitted.

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

Didn't Microsoft acquire the Vertipaq/xVelocity engine and then go to use that in Excel (Power Pivot), SSAS Tabular Models and Power BI?

Yes, but that's just the back end. Not to minimize it, but that's nowhere near as appealing to business users as the front end is.
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