STOCK TITAN

Alteryx Featured at Snowflake Summit 2021 for Analytics and Data Science Automation

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Very Positive)
Tags
Rhea-AI Summary

Alteryx (NYSE: AYX) announced a deeper integration with Snowflake, enhancing cloud analytics and machine learning capabilities through Snowpark and Partner Connect. This collaboration enables organizations to leverage faster data processing and advanced analytics directly within the Snowflake Data Cloud. The partnership boasts over 500 joint customers and offers features such as high-performance data preparation and a scalable Alteryx-to-Snowflake data loader. Users can access Alteryx tools instantly through Snowflake, streamlining data science workflows.

Positive
  • Enhanced integration with Snowflake promotes faster data processing.
  • Over 500 joint customers indicate strong market adoption.
  • Features like Snowpark and Partner Connect improve cloud analytics capabilities.
  • Alteryx trial available for Snowflake customers to experience benefits.
Negative
  • None.

IRVINE, Calif., June 9, 2021 /PRNewswire/ -- Alteryx, Inc. (NYSE: AYX), the Analytics Automation company, today announced a deeper integration with Snowflake, the Data Cloud company, via its newly introduced Snowpark Accelerated Program and Snowflake Partner Connect, which now makes Alteryx directly accessible via Snowflake's platform. The addition of Snowpark and Partner Connect together provides organizations with advanced and extensible cloud analytics, faster data processing and machine learning at scale that executes within the Snowflake Data Cloud.

Alan Jacobson, chief data and analytics officer of Alteryx, will speak at the Snowflake Summit this week and will showcase how Alteryx performs automated data science and analytics in the cloud. Alteryx and Snowflake already boast more than 500 joint customers globally. The deeper partnership unveiled this week includes:

  • Snowpark: A preview of Alteryx in the Snowpark Accelerated Program, a new developer experience and runtime environment for Java UDFs. Using the customer preview, Alteryx shows how customers gain more flexibility and performance when creating and running analytics and data science in Snowflake. Featured at Snowflake Summit, Jacobson will share the example of sentiment analysis, where millions of customer reviews can be processed in seconds.
  • Snowflake Partner Connect: One-click access to Alteryx from within Snowflake via Snowflake Partner Connect to help users start leveraging the drag-and-drop simplicity of Alteryx Designer to easily access, blend, analyze and automate data science and ML pipelines across data in the Snowflake Data Cloud, Snowflake Data Marketplace and associated sources in minutes.
  • High-performance Analytics Processing: Push-down of Alteryx data preparation, data blending and automated analytics processing into Snowflake's single, integrated platform for high performance, scalability and concurrency of analytics workloads.
  • Fast Data Loader: A scalable Alteryx-to-Snowflake data loader for large-scale analytics and data science initiatives.
  • Snowflake Data Marketplace: The ability to enrich and augment existing sources with immediate access to diverse data via integration with Snowflake Data Marketplace.

"Alteryx already provides an easy way to drive analytic and data science outcomes from data in Snowflake's Data Cloud with drag-and-drop ease across all steps in the analytics process," said Jacobson. "We've seen incredible momentum and adoption from customers as we continue to invest in cloud analytics, and with Snowpark, developers can now easily harness the power of Snowflake's scalable compute to process data where it resides, and data analysts and data scientists can leverage powerful low-code, no-code analytics with Alteryx to drive game-changing business outcomes."

"We are migrating Alteryx workloads to run directly on Snowflake's platform, which has been a significant time savings for our team," said Steven Konkol, data, analytics and reporting leader at CUNA Mutual. "Our analytics went from 15 minutes to 15 seconds in-database. It's incredible for the capacity and power using Alteryx on Snowflake." 

"We are excited by the deeper integrations with Alteryx, allowing our customers to derive more value from their data to achieve business goals," said Tarik Dwiek, director of technology alliances at Snowflake. "With the Alteryx and Snowpark integration now available on Partner Connect, customers can get more value from their investment in Snowflake."

Existing Snowflake customers can quickly experience the benefits of Alteryx and Snowflake together with an Alteryx free trial available directly in their Snowflake account via Snowflake Partner Connect. The Alteryx trial includes the Alteryx Starter Kit for Snowflake, which provides ready-made analytic templates for sample business use cases. For more information on the partnership, visit alteryx.com/snowflake.

About Alteryx
Alteryx, the Analytics Automation company, is focused on enabling every person to transform data into a breakthrough. Alteryx unifies analytics, data science and business process automation in one, end-to-end platform to accelerate digital transformation and shape the future of analytic process automation (APA™). Organizations of all sizes, all over the world, rely on Alteryx 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.

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/alteryx-featured-at-snowflake-summit-2021-for-analytics-and-data-science-automation-301308919.html

SOURCE Alteryx, Inc.

FAQ

What is the significance of Alteryx's integration with Snowflake?

The integration enhances data analytics and machine learning capabilities directly within the Snowflake platform, offering faster processing and advanced tools.

How many joint customers do Alteryx and Snowflake have?

Alteryx and Snowflake have over 500 joint customers globally.

What features are introduced with Alteryx's partnership with Snowflake?

Key features include Snowpark for advanced analytics, Partner Connect for easy access, and a scalable Alteryx-to-Snowflake data loader.

Is there a trial available for Alteryx users on Snowflake?

Yes, existing Snowflake customers can access a free trial of Alteryx through Snowflake Partner Connect.

What are the benefits of using Alteryx on Snowflake's platform?

Benefits include high-performance analytics processing, scalability, and improved efficiency for data science workflows.

Alteryx, Inc.

NYSE:AYX

AYX Rankings

AYX Latest News

AYX Stock Data

3.53B
63.65M
1.77%
98.05%
4.85%
Software - Application
Technology
Link
United States
Irvine