Tableau: innovating the way organisations harness data
With the world generating 50 times as much da...
Manufacturing Global takes a closer look at Tableau, a leading data company driving innovative solutions.
With the world generating 50 times as much data in 2020 compared to 2011 and having 75 times the number of information sources, Tableau strives to help people understand this vast quantity to harness the advancement opportunities it can provide.
“Our products are transforming the way people use data to solve problems. We make analysing data fast and easy, beautiful and useful. It’s software for anyone and everyone,” says Tableau.
‘Designed for the individual scaled for the enterprise’, key features of Tableau’s platform includes:
Analytics - by harnessing interactive and visual analysis, organisations can gain a great insight into their operations and drive better business decisions. “Powered by our patented VizQL technology, Tableau gives you powerful analytics to ask deeper questions and deliver more meaningful answers.”
Fast adoption at scale - “When you make working with data easy, fun and impactful, amazing things happen.Tableau makes it easy to get value from data.”
Flexibility - Each organisation is unique. Tableau harnesses flexibility within its platform so that it can effectively integrate with an enterprise’s architecture and data ecosystem.
Mission critical - Driving secure, governed, scalable and reliable within its integrated platform. “From compliance and security to management and monitoring, Tableau offers a robust suite of built-in capabilities to support the needs of your business.”
“From connection to collaboration, Tableau is the most powerful, secure and flexible end-to-end analytics platform for your data. Tableau your data. Watch your expectations get blown away.”
Tableau offers a wide range of solutions including, education analytics, government analytics, IT analytics, marketing analytics, insurance analytics, high technology analytics, Amazon Web Services (AWS), Google and maps.
Tableau in the manufacturing industry
Tableau operates within a wide range of industries including manufacturing, an industry which has many moving parts creating a constant feed of data.
“With Tableau, you can quickly blend and link similar data to gain decisive results in seconds—compared to hours or days with programming-intensive methods,” says Tableau.
“Use what you learn from your manufacturing analytics to improve process efficiency, centralize production monitoring, better serve your customers, and turn real-time data into just-in-time insights.”
For more information on manufacturing topics - please take a look at the latest edition of Manufacturing Global.
IMF: Variants Can Still Hurt Manufacturing Recovery
After a year of on-and-off manufacturing in the US, UK, and the eurozone, demand for goods surged early last week. Factories set growth records in April and May, suppliers started to recover, and US crude hit its highest price point since pre-COVID. As vaccination efforts immunise much of the US and UK populations, manufacturers are now able to fully ramp up their supply chains. In fact, GDP growth could approach double-digits by 2022.
Now, the ISM productivity measure has surpassed the 50-point mark that separates industry expansion from contraction. Since U.S. president Biden passed his US$1.9tn stimulus package and the UK purchasing managers index (PMI) increased to 65.6, both sides of the Atlantic are facing a much-welcomed manufacturing recovery.
Lingering Concerns Over COVID
Even as Spain, France, Italy, and Germany race to catch up, and mining companies pushed the FTSE 100 index of list shares to a monthly high of 7,129, some say that UK and US markets still suffer from a lack of confidence in raw material supplies. Yes, the Dow Jones has made up its 19,173-point crash of March 2020, and MSCI’s global stock index is at an all-time high.
Yet manufacturers around the world realise that these wins will be short-lived until pandemic supply chain bottlenecks are solved. If we keep the status quo, consumers will pay the price. In April, inflation in Germany reached 2.4%, and across the EU’s 19 member countries, overall prices have increased at an unusual pace. Some ask: Is this true recovery?
IMF: Current Boom Could Falter
Even as Elon Musk tweeted about chip shortages forcing Tesla to raise its prices, UK mining demand skyrocketed; housing markets lifted; and the pound sterling gained value. The International Monetary Fund (IMF), however, cautioned that manufacturing recovery won’t last long if COVID mutates into forms our vaccinations can’t touch. Kristalina Georgieva, Washington’s IMF director, noted that fewer than 1% of African citizens have been vaccinated: “Worldwide access to vaccines offers the best hope for stopping the coronavirus pandemic, saving lives, and securing a broad-based economic recovery”.
Across the globe, manufacturing companies are keeping a watchful eye on new developments in the spread of COVID. Though US FDA officials don’t think we’ll have to “start at square one” with new vaccines, the March 2021 World Economic Outlook states that “high uncertainty” surrounds the projected 6% global growth. Continued manufacturing success will in large part depend on “the path of the pandemic, the effectiveness of policy support, and the evolution of financial conditions”.
Mathias Cormann, secretary-general of the Organisation for Economic Co-Operation and Development (OECD) concurred—without global immunisation, the estimated economic boom expected by 2025 could go kaput. “We need to...pursue an all-out effort to reach the entire world population”, Australia’s finance minister added. US$50bn to end COVID across the world, they imply, is a small investment to restart our economies.