May 2005Publish Date:
For Immediate Release
Elissa Fink, VP Marketing
Tableau Software Lands Global OEM Deal with Hyperion
Leading Business Performance Management Software provider adds visual analysis to its Business Intelligence Platform
SEATTLE, May 19, 2005— Tableau Software, a pioneer in the development of visual analysis software and Hyperion (NASDAQ: HYSL), the global leader in Business Performance Management software, have signed a global OEM (original equipment manufacturer) agreement to integrate Tableau into the Hyperion Business Intelligence Platform. Under the terms of the agreement, Hyperion will offer its own version of Tableau’s software, branding it as "Hyperion Visual Explorer."
The products enable people of any technical ability to see and understand the information in Hyperion databases by using a unique drag and drop interface. Tableau promotes what it terms "visual thinking" by producing interactive pictures of data rather than static rows and columns.
Tableau Software is the culmination of five years of research and development that originated in the Computer Science Department at Stanford University. The project was initiated through a DARPA grant sponsored by the US Department of Defense. Under the leadership of co-founders Dr. Pat Hanrahan and Dr. Chris Stolte, the Tableau development team has produced a fundamentally new way of interacting with the desktop files, relational databases, and OLAP servers that are the backbone of the $20 billion database and business intelligence industries.
At the heart of Tableau’s software is a new proprietary query language called VizQLTM. This new language marries a query to a visual response. By analyzing data visually, users can spot trends, outliers, and relationships more quickly, leading to better insights. And because the software connects directly to data sources, users don’t have to stop with one query: They can continue to explore their data, in effect conducting "visual Q&A" sessions to get answers they need.
"Business users need broader visibility into performance across departments and divisions, and deeper insight into the activities and trends within management levels to drive improvements in profitability, operational execution, strategy development, and regulatory compliance," said Robert Gersten, Chief Development Officer of Hyperion. "By providing a live, visual window into Essbase, Hyperion Visual Explorer can turn a sea of numbers into explicit insight. Tableau has added significant value to our suite of applications in the Hyperion BI Platform."
"There can be no stronger endorsement of the quality of a product than for a market leader to fully integrate it into its flagship product under its own brand,” said Christian Chabot, co-founder and CEO of Tableau. "We are delighted to have been selected to partner with Hyperion."
About Tableau Software
Tableau Software, a privately held company based in Seattle, Washington, is the leading provider of visual analysis solutions. Its flagship product is used by managers, business intelligence professionals, business analysts, strategic consultants, financial professionals, market researchers, scientists, and engineers in nearly every industry.
For more information visit www.tableau.com.
"Tableau Software" is a trademark of Tableau Software, Inc. "Hyperion," "Essbase," and
"Hyperion Visual Explorer" are trademarks of Hyperion Solutions Corporation.