Tableau Software Inc. posted blockbuster first quarter of 2015 earnings, showing an astonishing 75 percent revenue growth year-over-year to $130.1 million. That figure helped the firm to smash the estimate among analysts surveyed by Thomson Reuters of $115 million in revenue.

Tableau also posted earnings of 8 cents a share, beating out analyst predictions of a 3 cents per share loss, marking a significant year-over-year increase over Q1 of 2014, when the data visualization firm reported a one cent per share loss.

According to the company, its stunning growth was driven by a massive surge in demand for its products, with more than 2,600 new customers signed up in the quarter, bringing its total number of customers worldwide to more than 29,000. In the quarter, Tableau also rolled out version 9.0 of its platform, which offers numerous improvements such as greater interactivity within visualizations and new profile pages.

Tableau’s stunning growth may not come as a surprise to all SiliconANGLE readers though. Jeff Kelly, formerly the principle Big Data analyst at Wikibon, predicted as much late last year when he noted the company had tapped into two congruent drivers – namely, putting data analysis and visualization in the hands of decision-makers at all levels of the organization, and therefore empowering data-driven decision-making that benefits both the users and the company; and developing powerful partnerships with all the major Hadoop vendors, database vendors Teradata Operations Inc. and IBM Corp. (PureData), and several professional service companies that specialize in helping Tableau customers get the most value the product.

Topping off its great earnings news, Tableau took the opportunity to announce it’s making the Public Premium version of its product available for free to all authors. What this means is anyone can use Tableau’s software to analyze data sets of up to 10 million rows free of charge. Previously, the company only allowed one million rows on its Public plan. As an added sweetener, the premium offering also comes with 10GB of storage space, and comes with the ability to limit downloading of data, which means uers can keep their data private if they choose to do so.

Tableau is currently a high-beta name and then some. The company’s shares were trading at close to 400 times expected earnings for 2015, and close to 200 times expected 2016 earnings, or at least they did before smashing analyst’s estimates. With a market cap of almost $7 billion, it was valued at 12 times expected 2015 sales and almost nine times expected 2016 sales.

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