December 25, 2014
Happy New 2015!
Posted by Andrei Pandre under Analytics
, DV Posts
My best wishes in 2015 to visitors of this Data Visualization blog!
2014 was very unusual for Data Visualization Community. Most important event was the huge change in market competition where Tableau was a clear winner, QLIK lost it leadership position and Spotfire is slowly declining as TIBCO went private. Pleasant surprise was Microsoft, who is finally trying to package Power BI separately from Office. In addition other competitors like Microstrategy, Panorama and Datawatch were unable to gain bigger share in Data Visualization market.
2014 again was the year of Tableau: market capitalization exceeded $6B, YoY growth was highest again, sales approaching $0.5B/year, number of employees almost the same as @QLIK, LinkedIn index exceeded 90000, number of Job Openings increased again and as of today it is 337! I personally stopped comparing Data Visualization products for last few months, since Tableau is a clear winner overall and it will be difficult for others to catch-up unless Tableau will start making mistakes like QLIK and Spotfire/TIBCO did during last few years.
2014 was very confusing for many members of QLIK community, me included. Qlik.Next project resulted in new Qlik Sense Product (I don’t see too much success for it) and Qlikview 12 is still not released, while prices for both QLIK products are not public anymore. Market Capitalization of QLIK is below $3B despite still solids sales (Over $0.5B/year) and YoY growth is way below of Tableau’s YoY. Qlikview’s LinkedIn index now around 60000 (way below Tableau’s) and Qlik Sense’s LinkedIn index is only 286… QLIK has only 124 Job opening as of today, almost 3 times less then Tableau!
Curiously, BI Guru Mr. Donald Farmer, who joined QLIK 4 years ago (a few months before the release of Qlikview 11) and who was the largest propagandist of Qlik.Next/Qlik Sense, was moved from VP of Product Management position to new “VP of Innovation” @QLIK just before the release of Qlik Sense and we hear much less from Donald now. Sadly, during these 4 years Qlikview 12 was never released, and QLIK never released anything similar to free Tableau Reader, free Tableau Public and Tableau Online (I am still hoping for Qlikview in Cloud) and all Qlikview prices were unpublished…
As a member of Spotfire community, I was sad to see the failure of Spotfire (and its parent TIBCO) to survive as public company: on December 5, Vista Equity Partners completed the acquisition of TIBX for $4.3 billion. I estimate Spotfire sales around $200M/year (assuming it is 20% of TIBCO sales). LinkedIn index of Spotfire (is way below Tableau’s and Qlikview’s) is around 12000 and number of Job Openings is too small. I hope Vista Equity Partners will spinoff the Spotfire in IPO as soon as possible and move all Spotfire’s Development, Support, Marketing and Sales into one American location, preferably somewhere in Massachusetts (e.g. back to Somerville).
Here is a farewell Line Chart (bottom of Image) to TIBX symbol, which was stopped trading 3 weeks ago (compared to DATA and QLIK Time Series (upper and middle Line Charts) for entire 2014):