Analytics automation firm Alteryx acquired San Francisco-based firm Trifacta. Trifacta helps organizations expand their analytics transformations.
As an outcome of the deal, Alteryx will be in a unique position to provide major organizations with a unified end-to-end, low-code, or no-code analytics automation platform in the cloud as an outcome of the deal. It will adapt to the demands of the whole organization, comprising data analytics teams, IT/data engineering teams, and business users.
“Trifacta brings game-changing integration with cloud data warehouses like Snowflake and purpose-built architecture for all three major public cloud providers, Amazon Web Services, Google Cloud Platform and Microsoft Azure,” said Mark Anderson, CEO of Alteryx. “These capabilities will anchor and accelerate Alteryx’s journey to the cloud by combining our industry leading analytics solution with Trifacta’s cloud-native capabilities to offer unrivaled deployment options that meet the analytics needs of our customers.”
Alteryx has revealed a collaboration with Trifacta that would enable it to provide business clients with a range of deployment choices, including on-premises, hybrid, and cloud. Alteryx will keep investing in its Designer and Server solutions, allowing clients to deploy their analytic workloads in several ways.
“Long known for its self-service capabilities for automating data access, preparation, analytics and data science processes, Alteryx has been steadily enhancing and expanding its platform to make it even more accessible and attractive to a wider base of customers,” said David Menninger, senior vice president and research director, Ventana Research. “The combination with Trifacta’s cloud-native platform will help improve appeal to data engineers and IT teams, while adding important cloud-native capabilities to accelerate adoption of its new cloud-based product portfolio.”