Alteryx vs Snowflake
June 10, 2023 | Author: Michael Stromann
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Alteryx provides an indispensable and easy-to-use analytics platform for enterprise companies making critical decisions that drive their business strategy. Alteryx Analytics provides analysts with an intuitive workflow for data blending and advanced analytics that leads to deeper insights in hours, not the weeks typical of traditional approaches.
Alteryx and Snowflake are both powerful data management and analytics platforms, but they serve different purposes within the data ecosystem. Alteryx is an end-to-end data preparation and analytics tool that enables users to blend, cleanse, and analyze data from various sources. It provides a visual interface for building workflows and automating data processes, making it accessible to data analysts and non-technical users alike. On the other hand, Snowflake is a cloud-based data warehousing platform that offers unlimited scalability and high-performance analytics. It provides a powerful infrastructure for storing and processing large volumes of structured and semi-structured data. Snowflake's architecture separates storage and compute, allowing users to scale resources independently, resulting in faster and more cost-effective data processing.
See also: Top 10 Business Intelligence software
See also: Top 10 Business Intelligence software
Alteryx vs Snowflake in our news:
2021. Cloud security startup Lacework has raised $525M
Lacework, a cloud security startup that offers a solution built on the Snowflake platform, has raised $525 million in its Series D funding round, bringing its total funding to over $1 billion. The company reported a remarkable 300% year-over-year revenue growth for the second consecutive year. Investors and customers have shown significant interest due to the comprehensive nature of Lacework's security solution. It enables companies to securely build in the cloud and covers multiple market categories to meet diverse customer needs. This includes services such as configuration and compliance, infrastructure-as-code security, vulnerability scanning during build time and runtime, as well as runtime security for cloud-native environments like Kubernetes and containers.
2014. Alteryx gets $60M to develop analytical app-building platform
Alteryx, a platform that enables the creation of analytical apps through a workflow interface using various data sources, has received a significant funding boost of $60 million in a Series B round led by SAP. Alteryx empowers users to design workflows by effortlessly incorporating different data sources and objects. The resulting design can be packaged as an application for sharing with others or for generating reports, pivot tables, and other desired outputs. According to George, the company's president, Alteryx is not in direct competition with the typical Business Intelligence solutions, whether they are modern platforms like Tableau and QlikView or traditional enterprise players such as SAP Business Objects (where Mathew previously worked), Oracle Hyperion, or IBM Cognos.