What is Alteryx?
AI-powered analytics platform for data automation
Location
3347 Michelson Drive, Suite 400, Irvine, California 92612, United States
Customer Satisfaction
4.3 to 4.6
Implementation Complexity
Complex
Initial Price
$4,950, $5,195
Ongoing Support Cost
$30,000 - $50,000
Product Features & Capabilities
- Alteryx One for unified analytics and automation
- AI Data Clearinghouse for trusted data governance
- Alteryx Copilot as an AI-powered analytics assistant
- Data preparation tools for cleansing and exploring data
- Integrations with major data platforms for seamless access.
Other Considerations
Serves over 40% of Fortune 500 companies; Recognized as a leader in analytics software; Offers a free trial for new users.
Market Position
Alteryx is strategically positioned as a significant player in the enterprise analytics market, holding a market share of approximately 6.07%, making it the fourth largest in the data analysis category. Its primary competitors include Tableau Software, which dominates the market with a 64.64% share, followed by Stata and Microsoft Power Platform. Alteryx addresses the "last mile" problem in data analytics by providing powerful data transformation and analysis capabilities that are accessible to business users without requiring programming expertise. This focus on self-service analytics resonates with organizations looking to extend analytics capabilities beyond specialized technical teams. Alteryx serves over 8,000 customers globally, including around 40% of the Fortune 2000, with notable clients such as Amazon and Coca-Cola. The company's effective land-and-expand strategy has resulted in a dollar-based net expansion rate consistently above 120%, indicating strong customer retention and growth. Additionally, Alteryx has been recognized as a 'Visionary' in the Gartner Magic Quadrant for Business Intelligence and Analytics Platforms, highlighting its strong execution capabilities and partnerships with leading data visualization tools.
Companies Using Product
Insight Global (https://www.insightglobal.com/)
Amazon Web Services (https://aws.amazon.com/)
The Home Depot (https://www.homedepot.com/)
University Of Wisconsin (https://www.wisc.edu/)
Marriott Vacations Worldwide (https://www.marriottvacationsworldwide.com/)
Pentair (https://www.pentair.com/)
Dairy Queen (https://www.dairyqueen.com/)
Honda (https://www.honda.com/)
Jindal Stainless (https://www.jindalstainless.com/)
United Parcel Service, Inc. (https://www.ups.com/)
DoorDash (https://www.doordash.com)
T-Mobile (https://www.t-mobile.com)
JPMorgan Chase & Co. (https://www.jpmorganchase.com)
Siemens Energy (https://www.siemens.com)
Mayborn Group (https://www.mayborn.com)
Texas Rangers (https://www.mlb.com/rangers)
BODi (https://www.bodi.com)
Nielsen (https://www.nielsen.com)
Kurt Geiger (https://www.kurtgeiger.com)
Vivo Telefonica (https://www.vivo.com.br)
Oxford University Press (https://global.oup.com)
Company Context
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Company Name: Alteryx; Company Website: https://www.alteryx.com/
Key Disadvantages
- Expensive, especially for smaller teams.
- Steeper learning curve for new users.
- Limited data visualization capabilities.
- Struggles with very large, complex datasets.
- Less flexible for advanced coding tasks.
- Vendor lock-in due to proprietary workflows.
- Primarily focuses on batch processing, not real-time workflows.
- Requires strong hardware due to in-memory processing.
Key Advantages
- Advanced Data Preparation: Alteryx excels in data cleaning, blending, and preparation, making complex data tasks easier.
- User-Friendly Interface: The platform is designed for accessibility, allowing non-technical users to perform advanced analytics.
- Robust Analytics Capabilities: Offers advanced analytics, including predictive and spatial analytics, which are superior to many competitors.
- Workflow-Based Approach: Supports a seamless workflow for data tasks, enhancing efficiency and collaboration.
- Scalability: Suitable for businesses of all sizes, from startups to large enterprises, with customizable solutions.
- Strong Community Support: An active user community and extensive resources provide robust support for users.