IRVINE, Calif. and NASHVILLE, Tenn., June
12, 2019 /PRNewswire/ -- Alteryx, Inc. (NYSE: AYX),
revolutionizing business through data science and analytics, today
introduced Assisted Modeling, an interactive guide built into the
Alteryx Platform to walk users through the creation of machine
learning models. Ashley Kramer,
senior vice president of product management, demonstrated the
functionality of Assisted Modeling and announced the beta program
to more than 4,500 attendees during this morning's keynote at
Inspire U.S. 2019, the company's annual user conference.
Data-driven companies recognize the need for machine learning to
succeed in business transformation, but struggle to advance
analytic journeys as they continue to rely on data scientists and
trained statisticians to build and apply advanced models. With the
introduction of Assisted Modeling, Alteryx amplifies the
capabilities of analysts and citizen data scientists, delivering
transparent machine learning in a code-free environment.
Recognizing the pervasive talent gap that exists between data
scientists and data workers in the line of business, Assisted
Modeling helps teach data science with a guided walk-through and
aims to help all data workers, regardless of technical acumen,
advance their skill sets in the process of building machine
learning models.
"As we continue to deliver innovations for a smarter platform,
it is critical to address the human at the center of analytic
intelligence. Our approach in building Assisted Modeling is to
advance the skills of the data worker, creating next-level citizen
data scientists capable of building the machine learning models
required to tackle the advanced analytic challenges of the future,"
said Kramer. "Assisted Modeling provides users the transparency and
control needed to build trustworthy machine learning models that
drive business outcomes without writing a line of code. I am
thrilled to deliver the newest version of our platform today and to
invite our customers and partners to be the first to experience
Assisted Modeling."
As an output of the application, users can access code-free
machine learning tools directly within the Alteryx Designer
interface. Assisted Modeling allows any data worker to construct
machine learning models, understand how and why their models work,
and capture modeling decisions, turning raw data into informed
business decisions with unprecedented speed and confidence.
Alteryx also announced the general availability of the newest
version of the Alteryx Platform (2019.2), easing data exploration
and helping data workers dig into data quickly to identify
actionable insights. Key features and highlights of 2019.2
include:
- Centralized data source connector: Easily connect to
every disparate data source through a single connection
experience;
- Interactive results grid: Sort, search and filter data
via a familiar spreadsheet experience directly within the Alteryx
Designer results grid to ask better questions and get answers
faster; and
- Improved collaboration: Collaborate across silos with
enhanced sharing permissions in Alteryx Server.
For more information on the assisted modeling beta program or
product features and pricing for 2019.2, please visit
https//www.alteryx.com/whats-new and beta.alteryx.com.
Safe Harbor Statement
This press release contains forward-looking statements that involve
risks and uncertainties, including statements regarding the
availability of Assisted Modeling and its impact on the Alteryx
software platform and its customers, and other future events. These
forward-looking statements are only predictions and may differ
materially from actual results due to a variety of factors
including, but not limited to: our ability to develop and integrate
Assisted Modeling into our platform; our ability to develop and
release product and service enhancements and new products and
services to respond to rapid technological change in a timely and
cost-effective manner; intense and increasing competition in our
market; and other general market, political, economic, and business
conditions.
Additional risks and uncertainties that could affect our
business are included in the Risk Factors section of our Quarterly
Report on Form 10-Q for the three months ended March 31, 2019. All forward-looking statements
contained herein are based on information available to us as of the
date hereof and we do not assume any obligation to update these
statements as a result of new information or future events.
About Alteryx, Inc.
Revolutionizing business through data science and analytics,
Alteryx offers an end-to-end analytics platform that empowers data
analysts and scientists alike to break data barriers, deliver
insights, and experience the thrill of getting to the answer
faster. Organizations all over the world rely on Alteryx daily to
deliver actionable insights. For more information visit
www.alteryx.com.
Alteryx is a registered trademark of Alteryx, Inc. All other
product and brand names may be trademarks or registered trademarks
of their respective owners.
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SOURCE Alteryx, Inc.