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ALTERYX INC Presence in Industrial Analytics Software
Alteryx is a leading player in the industrial analytics market. The company has expanded its footprint across the globe including the regions of North America, South America, APAC, and Europe. The company has a strong partner ecosystem comprising various distributors, channel partners, resellers, and OEMs. Alteryx focuses on organic and inorganic strategies including product launches, product upgradations, strategic partnerships, alliances, and acquisitions. For instance, in September 2015, Alteryx launched a new product, namely, Alteryx Analytics 10.0 for obtaining deeper business insights to improve productivity. As a part of inorganic growth strategy, the company has acquired various companies. In June 2017, Alteryx acquired Yhat, Inc., a data science software company. The acquisition has strengthened Alteryx’s data analytics platform.
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