IRVINE, Calif., July 15, 2013 /PRNewswire/ -- Alteryx, Inc., the leading provider of Strategic Analytics software, introduced a single platform, Alteryx for Visual Analytics, that enables business analysts to blend any data source, perform predictive analytics and deliver data natively to Tableau Software (NYSE: DATA). At a cost of only $2,495 per license a year, it is affordable to any data analyst.
"There is a new guard of analytics providers that are revolutionizing how companies transform data into competitive advantage," said George Mathew, President and COO of Alteryx. "The combination of Tableau and Alteryx is the perfect example. Our combined solution delivers business value from analytics without the cost, complexity, and difficulty of use that burdens the previous generation of tools."
Nearly every data visualization effort begins with incomplete data sets that need to be cleaned and modeled several times over. This process usually consumes 60-70% of project's budget and time, even more if multiple data sources and complex analyses are required. With Alteryx for Visual Analytics, business analysts can dramatically reduce the time to get the ideal dataset for visualization, while adding sophisticated analytical processing such as regression analysis or location analysis. This allows them to spend more time Humanizing Big Data for creating business opportunities and less time preparing it. In addition, the solution has the following capabilities:
- Deeper and more granular spatial analytics for geo- and map-based visualizations in Tableau
- Rapid creation and iteration of sophisticated data and analytic workflows, as well as visualization, with no coding or specialist tools required as the underlying data changes, or is updated
- Predictive analytics based on the R programming language, with simple drag-and-drop tools to enable more sophisticated business analysis in Tableau
- Direct output of analytics to the Tableau Data Extract format, further shortening the time and lowering the cost of using Tableau to explore and visualize the data
Sophisticated Visual Analytics Without Coding
Companies of all sizes are realizing immediate business value from next-generation visualization and analytics tools. And for the first time in history, business analysts can prepare and blend data themselves without any support or coding required from the IT department, which greatly improves the cost and data cycle times.
"Alteryx for Visual Analytics enables visualization project insights by putting an analytics engine underneath them," stated John Myers, Senior Analyst for Business Intelligence and Data Warehousing at Enterprise Management Associates - a Boulder, CO based analyst firm. "Line-of-business executives and analysts can generate analytical results, no matter what source of data is used. Data sources can be relational or multi-structured. They can be internally generated or from syndicated providers. It is now possible to complete sophisticated analytics tasks within a couple of hours, and easily output into some of the most widely used visualization platforms – including Tableau."
"Many business analysts who have discovered the power of Tableau's data exploration and presentation capabilities are also looking to deepen their analytics without the need to involve programmers or statisticians to get their project done," said Dan Jewett, Vice President, Product Management at Tableau Software. "Alteryx provides complementary functionality for our customers, needing to do data-intensive tasks such as data integration and advanced analytics."
Incredible Analytics Fueling Greater Visualization with Easy Onramp
Alteryx for Visual Analytics is available now for $2,495 per user, per year. When compared to older analytics packages supporting visual analytics - which require many base components and specialized developers and statisticians to operate the solution - the Alteryx solution comes at a fraction of the cost.
About Alteryx, Inc.
Alteryx provides an indispensable and easy-to-use analytics platform for enterprise companies making critical decisions that drive their business strategy and growth. Alteryx Strategic Analytics runs analytic applications that empower executives to identify and seize market opportunities, outsmart their competitors, increase customer loyalty and drive more revenue. It Humanizes Big Data by enabling business analysts and Data Artisans to combine Big Data with market knowledge, location insight, and business intelligence; easily perform predictive and spatial analytics; and produce analytic apps that can be shared via the private cloud or the Alteryx Analytics Gallery public cloud. Customers like Experian Marketing Services and McDonald's rely on Alteryx daily. Headquartered in Irvine, California, and with offices in Boulder and Silicon Valley, Alteryx empowers 250+ customers and 200,000+ users worldwide. Visit Alteryx, the leader in Strategic Analytics, today at www.alteryx.com or call 1-888-836-4274.
Alteryx is a registered trademark of Alteryx, Inc.
SOURCE Alteryx, Inc.