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How Tableau helps in Analytics?

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Global Knowledge Technologies

When LinkedIn in one its report “The Skills Companies Need Most in 2019 – And How to learn them” stated “Analytical Reasoning” as the third most important hard skill in demand, it became crystal clear that it is the age of analytics and it’s high time that professionals should level-up their skills to survive in this data-driven world.

How Tableau helps in Analytics?
How Tableau helps in Analytics?

In that context, a pioneer in business intelligence, Tableau has been arming the workforce worldwide with relevant analytical skills that enable taking data-driven decisions. In a nutshell, tableau has changed the way how organizations across the world used to work with data.

What is tableau data visualization?

Forbes couple of years back, in its report claimed that data preparation engrosses about 80% of data scientists’ work. Fast forwarding to the present day, Tableau’s data visualization tool provides a handy way for seeing, unveiling, and understanding the hidden patterns and trends in data. Data visualization considerably reduces the burden of data-driven professionals and assists in highlighting useful information and extracting noisy data.

Owing to the constructive performance, notably Tableau has been conferred with the honor of being a “Leader”in the data visualization and business intelligence industry by Gartner Research –7 times in a row.

“My favorite thing about Tableau is how quickly we can deliver new visualizations and new content. We can roll things out, get it out there, get it in production, get it moving, and iterate through the visualizations, make improvements, and just kind of do things on the fly.”

– JEFF JAMES, Director- Data Analytics, CERNER

Case study on the use of tableau data visualization

Tableau in Healthcare Sector

The industry in which every minute is crucial, managing the entire healthcare ecosystem is not a cakewalk- it demands huge manpower. The healthcare sector across the world, however, is imbibing tableau which is helping in intensifying the wholesome healthcare services provided to the common peopleto a great extent. In fact, apparently, the top 20 hospitals which have been acknowledged by U.S. News and World Report count on tableau as the prominent enterprise-ready analytics and BI platform for healthcare organizations.

Tableau entitles everyone in the given healthcare organization with the ability to enhance the quality, reduce cost, enrich the experience of the patients and extract data followed by converting those into meaningful insights. Chiefly, tableau facilitates in reducing the time it takes to collect, visualize and analyze the colossal data that a healthcare organization receives on a daily basis.

Stamford Health-a 305 bed hospital which is in proximity to sizable healthcare systems in New York was struggling to match with them clinically and financially, tableau implementation helped them to face the challenge. By providing its staffwith the appropriate data at the right time, the hospital successfully reduced the operating costs along with boosting patient care.

Tableau in Banking Sector

Technological advancements have impacted almost all industries – including banking. Daily financial industry generates a tremendous amount of data that can be utilized to deliver modified customer experience and that is where tableau is coming into the front of major financial institutions globally which is allowing to undertake solid analytics strategies.

A leading global financial services firm and one of the largest U.S. banks, JPMorgan Chase & Co. opted for Tableau in 2011 and since then has flourished in the bank’s health front. Today, more than 500 teams use Tableau in order to make informed and strategic decisions. For instance, the firm’s Marketing Operations team with the help of Tableau examined the customers’ behavior which made an impact on essential decisions taken by the firm for enhancing its ROI. As of today, the bank boasts of 18 Tableau Server clusters- enabling tracking performance,usage, and key metrics, making sure everyone is having a seamless experience.

The application of Tableau has saved a substantial amount of time of Analysts to C-level executives which they can now employ in broadly monitoring the impact of data in business, understanding the customers’ overall journey and having the maximum capability to innovate.

I think that’s been the biggest contributor to Tableau’s success at JPMC. It evolved from nothing to where we are today because people want to use it.”

Jason Mack, Former Director of Analytics, JPMORGAN CHASE

Tableau in the Technology Sector

Deloitte in its annual technology outlook this year stated “Growth” as the watchword. Indeed, growth, particularly in the technology sector is quite prominent and organizations are recognizing it followed by taking initiatives to maintain harmony with it. This has remarkably led high technology companies to integrate tableau in their operations, and the case study of Lenovo India illustrates that appropriately.

From using Excel-prepared single sales report involving around ten people if any modification required to switching to tableau which allowed Lenovo’s Analytics BI & Visualization team to create flexible sales dashboards, the company has come a long way. With around 3,000 active Tableau users in 15 business units and more than 10,000+ users accessing Tableau dashboards, Lenovo India has witnessed a 95% improvement in efficiency across 28 countries.

Tableau lets the divisions take all-inclusive report and customize it according to their needs – prompting less ad-hoc requests and optimum tailored dashboard solutions along with decreasing the data maintenance time – from three times a day earlier to once a week now.

Tableau Course as a career route is soaring like never before and is estimated to continue growing. Zion Market Research claimed based on a study that the Business Intelligence market is expected to reach US$26.50 billion by 2021, growing at a CAGR of around 8.4 percent. And this directly indicates the rising demand for Tableau usage by businesses worldwide which also gives a lift to the need for more Tableau Certified professionals.

With the average Tableau Developer salary standing at INR 5,52,016 in India, those who get Tableau Certified obtain the scope to fit into job designations such as Tableau Analyst,Tableau Consultant, Data Analyst, Business Analyst and Business Intelligence Analyst to name a few. In the USA, the average salary of a Tableau developer is $110,942 a year as of 2019.

Wondering if tableau can be only learned by IT professionals? Absolutely no! 

Tableau is equally demandable among management professionals as compared to IT professionals. From analyzing sales to maintaining customer loyalty, tableau skills hold infinite opportunities to open newer career avenues for the management graduates and working professionals.

Conclusion:

The Workforce of the 21st century is expected to view skilling as a priority which has made taking up IT courses as one of the most preferred career growth strategies among the professionals. And, considering Tableau makes data analysis faster than ever, organizations are seldom thinking twice before adopting tableau today which is consecutively motivating the professionals to take up tableau training and master the tableau skills. Don’t feel left behind, enroll today and get ready to join the tableau certified professionals community soon.

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