Tableau Software had another reason to be cheerful as the company’s total recurring revenue also increased alongside subscription.
At the start of the year, the company reported in its Q1 2018 results was $641.9 million (£493.7 million). That revenue has gone up again to $697.7 million (£536.4 million).
Adam Selipsky, President and Chief Executive Officer, Tableau Software commented on Tableau’s Q2 results.
Selipsky said: “We saw strong customer demand for subscriptions in the second quarter, as shown by our 67 percent rateable license bookings mix,
“Our new Creator, Explorer and Viewer subscription offerings have made it even easier for our customers to buy and scale Tableau, as more and more organizations look to deploy self-service analytics with tailored solutions for every user.”
This article is from the CBROnline archive: some formatting and images may not be present.
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