by Angela Guess
According to a new article out of the company, “Alteryx, Inc., the leader in self-service data analytics, announced today new capabilities in its Alteryx Analytics platform that allow data analysts of all skill levels to deliver powerful predictive insights, harness big data analytic performance, and improve analytic understanding using a code-free, intuitive interface. ‘Over 1,500 companies, and tens of thousands of users worldwide, use Alteryx for data preparation, blending, and analytics. Our users span the gamut from data scientists at the cutting edge of descriptive, predictive, and prescriptive analytics, to newer users who want to enhance the depth of their analyses using advanced analytic modeling, and want to do so in a guided, code-free environment,’ said Bob Laurent, Vice President of Product Marketing, Alteryx, Inc. ‘These enhancements make the power of predictive analytics accessible to all users so they can drive deeper insights and scale them to support the decision making needs of their organization’.”
The article goes on, “New enhancements to Alteryx Analytics include the ability to: (1) Create models that progress from descriptive to predictive to prescriptive analytics to drive deeper, valuable insights: Users can evaluate possible alternatives and predict future outcomes through simulation analysis. They can also discover strategic, tactical, and operational efficiencies with optimization analysis. In addition, users can also add predictive analytic functionality around forecasting with new time series tools from the Predictive District in the Alteryx Analytics Gallery. (2) Leverage the power of big data platforms to accelerate self-service data analytics. Predictive modeling can now be performed inside Teradata data warehouses with in-database analytics. Also, the parallel processing power of Apache Spark can be leveraged to speed the blending of large datasets with in-database blending for Databricks.”
Photo credit: Alteryx