Alteryx Launches New Alteryx AiDIN Innovations to Fuel Enterprise-wide Adoption of Generative AI

Powered by Alteryx AiDIN, Alteryx AI Studio helps customers responsibly and easily harness the power of large language models (LLMs) to enhance customer experiences, streamline operations, and drive personalized interactions

IRVINE, Calif., Oct. 5, 2023 /PRNewswire/ -- Alteryx, Inc. (NYSE: AYX), the Analytics Cloud Platform company, today announced new Alteryx AiDIN innovations, including AI Studio, one of the industry's first deployment-agnostic interfaces that is purpose-built for no-code users to leverage generative AI. Nearly 90 percent of companies currently using generative AI reported seeing benefits from the technology, and the new Alteryx AiDIN innovations are designed to help organizations incorporate custom business data into LLMs in a governed manner to drive operational agility and deliver competitive advantage.

"With generative AI showing immense potential across the analytics value chain, we need to take action now and help our clients accelerate adoption securely and responsibly so they can make better, faster decisions at scale," said Brad Collins, partner and enterprise digital transformation leader at RSM US. "We're excited to work with a trusted vendor like Alteryx and use Alteryx AiDIN to develop new solutions that will help our clients quickly identify new opportunities for digital innovation as they navigate changing markets."

Harnessing the Power of Generative AI with Alteryx AI Studio
Built on the end-to-end unified Alteryx analytics automation platform and powered by Alteryx AiDIN, the new Alteryx AI Studio is designed to give organizations the power to select an LLM of their choice from a list of available options, then tune it using their own custom business data to adapt to the specific context of their business.

Alteryx AI Studio seamlessly integrates with Alteryx Designer so customers can easily consume their models through existing workflows and construct applications with a conversational interface. Further, Alteryx AI Studio is designed to help safeguard sensitive information and facilitate data security and compliance by giving customers full control of their LLM lifecycle and the option to host and manage the LLM within Alteryx or in their own environment.

Accelerating Time to Insight with Playbooks
Alteryx AiDIN continues to unlock innovation with the newest upcoming Auto Insights feature, Playbooks. Playbooks is being designed to make it faster and easier to get insights from data by using generative AI to automate the initial stages of the analytics delivery process including use case ideation, use case selection, and developing a proof-of-concept data story. Users will simply provide their role and company, then Playbooks will suggest relevant and important analytics use cases to explore and build.

"From staying ahead of the competition and expanding into new markets to increasing productivity, organizations are looking for new ways to win with generative AI," said Suresh Vittal, chief product officer at Alteryx. "With Alteryx AiDIN, we're helping customers propel their organizations forward by making it easy for any user to responsibly use LLMs and generate outcomes that drive business growth and productivity."

Learn more about Alteryx AiDIN innovations at Inspire On Tour: London, where Alteryx also unveiled the brand new Alteryx Marketplace, a place for customers to easily discover Alteryx-verified, creator-supported solutions that expand the functionality, usage, and power of Alteryx to drive further business growth.

Safe Harbor Statement

This press release includes "forward-looking statements" within the meaning of the federal securities laws that involve risks and uncertainties, including, but not limited to, statements regarding Alteryx's product offerings. The expectations expressed or implied in these forward-looking statements may not turn out to be correct. All forward-looking statements speak only as of the date hereof and are based on current expectations and involve a number of assumptions, risks and uncertainties that could cause the actual results to differ materially from such forward-looking statements. A further description of the risks and uncertainties relating to Alteryx's business is contained in Alteryx's reports filed with the Securities and Exchange Commission, including Alteryx's Annual Report on Form 10-K for the year ended December 31, 2022, Quarterly Reports on Form 10-Q, and Current Reports on Form 8-K. Alteryx does not undertake to update, and expressly disclaims any duty to update, its forward-looking statements, whether as a result of circumstances or events that arise after the date they are made, new information, or otherwise.

Any unreleased services or features referenced in this or other press releases, presentations or public statements are only intended to outline Alteryx's general product direction. They are intended for information purposes only and may not be incorporated into any contract. This is not a commitment to deliver any material, code, or functionality (which may not be released on time or at all) and customers should not rely upon this press release or any such statements to make purchasing decisions. The development, release, and timing of any features or functionality described for Alteryx's products remains at the sole discretion of Alteryx.

About Alteryx
Alteryx (NYSE: AYX) powers analytics for all with the award-winning Alteryx Analytics Cloud Platform. With Alteryx, enterprises can make intelligent decisions across their organizations with automated, AI-driven insights. More than 8,000 customers globally rely on Alteryx to democratize analytics across use cases and deliver high-impact business outcomes. To learn more, 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.

SOURCE Alteryx, Inc.