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Tableau Software is revamping a core part of its technology to analyze data faster, a move intended to keep up with its customers' increasing big-data needs.
The Seattle company, which makes software to visualize analytics, is introducing its so-called Hyper engine in a software update Wednesday. The technology is designed to make the data-visualization process five times faster, meaning businesses can input millions of data points and see results in seconds.
Businesses - Tableau - Sense - Information - Everything
Businesses use Tableau to make sense of information about everything from auto-sale trends to health-care-product inventory. As data continues to get easier to collect and there is more to analyze, Tableau's software needed to keep up.
"It's a natural and necessary product evolution," Gartner analyst Cindi Howson said. "It keeps up with current demand, and it improves the satisfaction with existing customers to let them continue to do faster, more sophisticated analytics within Tableau."
Company - Competition - Number - Rivals - Players
The company has faced growing competition from a number of smaller rivals, as well as entrenched players such as Microsoft with its Power BI product. Adding Hyper should help Tableau bring in new large customers as well as keep its existing users satisfied as they grow, Gartner analyst Rita Sallam said.
Gartner research shows Tableau ranks sixth in market share for the overall analytics software industry, but...
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