IRVINE, Calif., June 16, 2020 /PRNewswire/ -- Alteryx, Inc.
(NYSE: AYX), a leader in analytic process automation (APA), today
introduced new product innovations that deliver the ease-of-use and
performance the platform is known for, including Alteryx Analytics
Hub, a new product to extend the power and value of the Alteryx APA
Platform, and Alteryx Intelligence Suite, a new predictive modeling
add-on for Alteryx Designer. Both offerings help fuel rapid digital
transformation by delivering on the promise of APA, transforming
how businesses leverage their data assets, optimize their processes
and upskill talent in a unified, human-centered platform.
"Quality data insights are no longer a nice-to-have; they are a
must-have for data workers in all parts of an organization. The
innovation in our latest release places the power of discovery and
prediction into the hands of all data workers, without technical
acumen or specialized skills. Making data accessible to anyone,
removing tedious manual processes and helping people learn inside
the platform allows organizations to make better decisions faster,"
said TJ Williams, vice president of product at Alteryx. "These
innovations are a direct result of the feedback we received from
our customers and community members, and we are excited to see how
they further advance their skills to tackle increasingly complex
analytic challenges."
Shareable, Centralized Analytics
Analytics
Hub consolidates analytic assets into one secure, scalable and
intuitive platform. While the Alteryx APA Platform already helps
scores of businesses solve complex problems by unifying analytics,
data science and business process automation, the Analytics Hub
also allows data workers to share and collaborate across teams.
This eliminates siloes that hold back transformation across an
organization. Regardless of data expertise, Analytics Hub takes
users from data discovery, to insight, to action while automating
repetitive, time-consuming data processes. With Analytics Hub, the
time from data to decision is rapid, and flexible deployment
(cloud, on-site, or using a multi-node environment) means
organizations can scale the platform with ease.
"Our product engineering teams are relentlessly focused on
building products and capabilities with an extensibility-first
mindset," said Derek Knudsen, chief
technology officer of Alteryx. "Analytics Hub, as an example, has
more than 250 APIs, which means third parties can build innovative
features on top of the Alteryx APA Platform. The result for
businesses is even more powerful, flexible APA solutions."
Upskill Human Talent
Intelligence Suite, a new
offering and part of the Alteryx APA Platform (2020.2) update,
works with Analytics Hub and Alteryx Designer, and helps users
without a data science background easily build their own predictive
models. By leveraging Assisted Modeling capabilities, a user that
has never previously constructed a predictive model can create an
end-to-end machine learning pipeline in just minutes—and build the
skills to produce models in the future. This enables data workers
in any line of business to spend more of their time asking
questions of the data, armed with the caliber of explainable,
predictive insights that ultimately give companies a competitive
edge.
"I had never built a model before I launched Assisted Modeling
and at the end, had created a model with 95 percent accuracy," said
Neal Thomas, senior business
consultant at a Fortune 50 healthcare company. "I can start
building a model myself, instead of waiting for someone else to
build it, and can have it done in an hour. The things you can do in
a day with Alteryx blows my mind."
"This is designed with the end-user in mind," said Chris
McEleavey, technical lead at Bulien. "You don't need any coding; it
fits beautifully within Alteryx itself and any user would be able
to use Assisted Modeling."
Intelligence Suite helps build and reinforce datasets, making it
easy to extract and import data from traditionally difficult data
sources such as PDFs and images. This gives in-house analysts the
ability to leverage valuable data to drive comprehensive insights
back to the business.
Parallel Processes
2020.2 also introduces the new
Alteryx Multithreaded Processing (AMP) Engine, allowing multiple
threads of a process to execute simultaneously. The AMP Engine
delivers greater efficiencies on larger datasets and complex
processes. This gives workers the ability to have multiple projects
running simultaneously, which saves time and frees them up to focus
on the next analytic challenge.
Key features and highlights of 2020.2 include:
- Share schedules and job results with users: Scale
analytics through scheduled workflows
- New Active Directory integration in
Connect: Leverage existing Windows Active Directory user
management system to update contacts all in one place
- Holistic Data Profiling enhancements: The Browse
tool will display top five values for every column of data and
improve data's shape, usability and ability to drill down into the
details
- Date Time Tool: Easily convert international dates
and times to localize data seamlessly for analyzation in a more
relevant format without manual updating
For more information on new platform features and pricing for
2020.2, please visit
https://www.alteryx.com/products/platform-details/whats-new. Start
solving today and download a free trial
here: https://www.alteryx.com/designer-trial/free-trial.
About Alteryx
As a leader in analytic process
automation (APA), Alteryx unifies analytics, data science and
business process automation in one, end-to-end platform to
accelerate digital transformation. Organizations of all sizes, all
over the world, rely on the Alteryx Analytic Process Automation
Platform to deliver high-impact business outcomes and the rapid
upskilling of their modern workforce. 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.