A popular phrase says ‘data is the future. Data science is the most vibrant and exponentially growing field in the world. Data science is extensively being used by most of the firms in the world and is being popularly taken up by students as a career. The job surge in data science was predicted of around 2.7 million in 2020. Data science refers to the science of recording, storing, analyzing, and predicting data. Let’s know about Tableau Competitors.
Now, for data science, the human brain is capable of minimal calculations only. All extensive calculation is done by computers and software for accurate results. Tableau is one such software. It is an American User-Interface software, founded in 2013 and focuses on business intelligence.
However, Tableau is not the only software in the market. Tableau has many competitors like R, Microsoft, Qlik, IBM, SAS, MicroStrategy, Oracle, etc. even after such tough competition, all brands all well off due to the high-demand industry.
Tableau Competitors
Tableau has many competitors and they are as follows:
1. Qlik: A business analytics platform specializing in daily user data analysis. It also facilitates the writing back of the database within the application. It helps in creating analytical applications through its associative and easy model. Moreover, it also has fast data discovery through its in-memory data model. The company has 2 software, namely Qlik Replicate and Qlik Sense, both based on business analytics and artificial intelligence.
2. SAP: A German multinational software based on building business intelligence and customer relations. It has a more holistic approach to all data-based operations of a business, from HR to project management and logistics.
3. IBM: A unique software provider. It is a multinational technology corporation, headquartered in New York, it provides services for data analytics. It makes and sells software and hardware for data analytics and cloud computing. It has been a major research and Development Corporation and its inventions are still in use like hard disk, floppy disk, the UPC barcode, etc.
4. Oracle: An American multinational technology corporation centered in Texas. One of the most widespread companies by revenue and market capitalization. It is best known for its software products like Java. The company has majorly four segments- cloud, license, hardware, and services.
Why Does Tableau Face So Much Competition?
Various reasons are there for the presence of such tough competition against Tableau, and in general, in the data industry:
1. The demand for data is excessively high. From the basic informal entry of transactions to the preparation of balance sheets and projected sales and revenue growth, data controls everything. Thus, this leads to the entry and growth of numerous firms in the data handling industry. This competition is ever-increasing with the ever-increasing data demand.
2. The level of operations one performs with data is unlimited. From the simple entry of data to plotting to predicting further trends and formulating strategies, data science has come a long way.
Thus, this gives further opportunity to data apps to specialize in special programs. For example, Microsoft Access specializes in the database while Excel is a more graphic-based datasheet software. On the other hand, SAS R mostly deals with advanced data operations like regression.
3. The need and desire of customers to try out different apps and learn every specialized operation by those also gives way to the entry and prosperity of many competitors in the industry.
4. The different kinds of uses of data apps like those by students, businesses, etc. separate the market and even lead to diversification of services by such apps. For example. Microsoft offers different subscription plans and facilities and features for different kinds of users.
5. Not only is demand rich, but it is a money-rich industry as well. This has led to the attraction of more and more coders towards it. The apps have even started charging fees for more profit ad reduced traffic.
Conclusion
Thus, it is certain that Tableau has tough competition as well as competitive advantages over other industries. The extent of growth in data utilization and demand has proved to be a deciding factor in Tableau’s operations. Also, Tableau’s competitors have been on a rise but Tableau’s features like real-time analytics, simple collaboration, sharing, etc. give it a competitive edge and make it different.
FAQs
Q1. Will Tableau survive in the industry?
Ans1. As mentioned above, Tableau has some exquisite and unique features which will help it survive in the industry.
Q2. What are the products offered by Tableau?
Ans2. Tableau offers products like Tableau Desktop, Tableau Public, Tableau Online, Tableau Reader, etc.
Q3. What does Tableau specialize in?
Ans3. Tableau specializes in business intelligence, analytics, and operations management.
Q4. Is Tableau for Free?
Ans4. Unlike most of its competitors, Tableau is a free or public platform, easily accessible by everyone.
