We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Tableau Software Focuses on AI With Empirical Systems Buyout
Read MoreHide Full Article
Tableau Software recently announced the acquisition of Empirical Systems, a MIT spun off Artificial Intelligence (AI) startup, for an undisclosed amount.
Empirical Systems with the help of its unique analytics engine, automates data modeling and quickly unlocks the analysis of complex statistical models. The platform helps users extract and analyze a variety of information and patterns without the need for technical expertise.
This acquisition resonates with Tableau Software’s mission to “help people see and understand data.”
How is Tableau Poised to Benefit?
Tableau Software, which provides analytics and data visualization software, is expected to expand its customer base with this recent acquisition. Notably, the company added 3,900 customers in the last reported quarter.
With the help of Empirical’s AI and Machine learning tools, users can gain deeper insight into their data by testing various conditions automatically. They can also easily predict trends from past data and identify unknown correlations to discover the key factors responsible for existing problems, saving considerable time and money.
Moreover, we believe the availability of the recently launched data preparation software, Tableau Prep and Empirical’s powerful AI tools will help meet increasing demand for data extraction as well as real-time analysis. This will eventually boost adoption rate, thereby driving top-line growth.
Moreover, the addition of Empirical Systems’ AI tools to Tableau’s existing platform will aid the latter to compete against large business intelligence product providers such as Amazon (AMZN - Free Report) and Microsoft (MSFT - Free Report) .
Long-term earnings growth rate for Twitter is currently pegged at 23.1%.
5 Medical Stocks to Buy Now
Zacks names 5 companies poised to ride a medical breakthrough that is targeting cures for leukemia, AIDS, muscular dystrophy, hemophilia, and other conditions.
New products in this field are already generating substantial revenue and even more wondrous treatments are in the pipeline. Early investors could realize exceptional profits.
Image: Bigstock
Tableau Software Focuses on AI With Empirical Systems Buyout
Tableau Software recently announced the acquisition of Empirical Systems, a MIT spun off Artificial Intelligence (AI) startup, for an undisclosed amount.
Empirical Systems with the help of its unique analytics engine, automates data modeling and quickly unlocks the analysis of complex statistical models. The platform helps users extract and analyze a variety of information and patterns without the need for technical expertise.
This acquisition resonates with Tableau Software’s mission to “help people see and understand data.”
How is Tableau Poised to Benefit?
Tableau Software, which provides analytics and data visualization software, is expected to expand its customer base with this recent acquisition. Notably, the company added 3,900 customers in the last reported quarter.
With the help of Empirical’s AI and Machine learning tools, users can gain deeper insight into their data by testing various conditions automatically. They can also easily predict trends from past data and identify unknown correlations to discover the key factors responsible for existing problems, saving considerable time and money.
Moreover, we believe the availability of the recently launched data preparation software, Tableau Prep and Empirical’s powerful AI tools will help meet increasing demand for data extraction as well as real-time analysis. This will eventually boost adoption rate, thereby driving top-line growth.
Moreover, the addition of Empirical Systems’ AI tools to Tableau’s existing platform will aid the latter to compete against large business intelligence product providers such as Amazon (AMZN - Free Report) and Microsoft (MSFT - Free Report) .
Tableau Software, Inc. Price and Consensus
Tableau Software, Inc. Price and Consensus | Tableau Software, Inc. Quote
Zacks Rank & Stocks to Consider
Currently, Tableau Software has a Zacks Rank #3 (Hold).
Twitter is one of the top-ranked stocks in the broader computer & technology sector with a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Long-term earnings growth rate for Twitter is currently pegged at 23.1%.
5 Medical Stocks to Buy Now
Zacks names 5 companies poised to ride a medical breakthrough that is targeting cures for leukemia, AIDS, muscular dystrophy, hemophilia, and other conditions.
New products in this field are already generating substantial revenue and even more wondrous treatments are in the pipeline. Early investors could realize exceptional profits.
Click here to see the 5 stocks >>