Alteryx introduces the cloud-based platform Alteryx Analytics Cloud. The platform should help companies with data processing.
The new platform enables employees to analyze company data without writing their own code. Alteryx is therefore launching Analytics Cloud as a platform that simplifies data analysis. In doing so, Alteryx takes into account the entire process of data analysis and tasks associated with it. Data preparation and development of AI should also be easier to perform.
Post-acquisition opportunities
The recent acquisition of Trifacta by Alteryx, may prove immediately useful in the platform.
The cloud platform consists of the following four components:
- Designer Cloud: Lets the user prepare data and mix the results in a visual overview.
- Alteryx Machine Learning: Gives users the tools to create AI models.
- Alteryx Auto Insights: Automates tasks that recur frequently. Can independently discover patterns in data and visualize results in graphs.
- Trifacta Data Engineering Cloud: Streamlines the preliminary work of data analysis. The system collects business data from various storage systems, removes errors and transmits the final data set to the analysis tool.
The latter product is a direct result of the acquisition of Trifacta.