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Alteryx and Revolution Analytics Partner to Simplify and Scale R-Based Predictive Analytics
Alteryx, the leading provider of strategic analytics, and Revolution Analytics, the leading provider of enterprise R, today announced they have joined forces to make R-based predictive analytics more accessible and scalable for the enterprise. Each company will bundle the other's technology with its offerings and will continue to expand integration in future software releases. By combining the easy-to-use Alteryx analytics platform with the production-ready Revolution R Enterprise solution, organizations can bypass the time and cost impacts of complex and training-intensive legacy analytics solutions built on proprietary technology.
"Business is being reinvented by how modern analytics are delivered. However, the majority of organizations are challenged by the usability and scale of analytics tools at their fingertips,” said George Mathew, President and COO of Alteryx. “This is why the Alteryx - Revolution Analytics partnership is broadening the aperture of R-based predictive analytics. Our mission is to get a modern experience into the hands of over 3 million data analysts to solve today's analytic challenges.”
Starting in Q1 2014, Alteryx will include a copy of Revolution R Enterprise Workstation with each license of Alteryx Professional and Alteryx Personal Editions, its two core Designer products targeted at line of business data analysts. Revolution Analytics will include a copy of Alteryx Personal Edition with every license of Revolution R Enterprise Server, and Alteryx Project Edition, a free version of the Alteryx Designer, with its Workstation product. The two companies will also engage in deeper product integration, enabling R-based analytics produced in Alteryx, via easy drag-and-drop tools, to be processed faster by Revolution Analytics’ highly scalable R in a variety of compute contexts – locally deployed R, server-deployed R or through in-database analytics in Teradata 14.10. R has quickly gained acceptance among data scientists and is emerging as the enterprise and academic standard for statistical computing. It is now the number-one statistical language, with over two million users worldwide.
"Our strategic partnership with Alteryx is a powerhouse to fuel the next generation analytic organizations," said David Rich, CEO of Revolution Analytics. “The combination of our Big Data Big Analytics R-based platform plus the easy-to-use analytic workbench and packaged apps provided by Alteryx is game-changing for enterprises."
Broader enterprise acceptance and usage of predictive analytics has faced two obstacles. First, complex, difficult-to-use and costly solutions from legacy vendors like SAS have made it prohibitive to put sophisticated analytics directly in the hands of analysts in departments such as Marketing and Operations. Secondly, the absence of enterprise readiness of newer solutions has slowed the adoption of predictive analytics. This new partnership addresses these issues by providing data analysts with a simple drag-and-drop environment from Alteryx to build R-based analytics, and the scalability of Revolution R Enterprise meets production-grade requirements.
“R holds significant potential for businesses struggling to fill the analytics skills gap,” said Tony Cosentino, VP and Research Director, Ventana Research. “The software industry has picked up on this potential, and the partnership between Revolution Analytics and Alteryx is a good example. Not only do the companies address two of R’s top adoption challenges – scalability and usability – but they are providing their customers with an integrated, commercial solution.”
To learn more about the Alteryx and Revolution Analytics partnership, visit http://alteryx.com/revolution or http://www.revolutionanalytics.com/partners/alteryx . To experience a demo of their products or learn more about the in-database analytics support for Teradata, visit the Teradata Partners Conference, October 20 - 24 in Dallas, Texas, and visit booths #508 and #610 or attend their jointly delivered session .
About Revolution Analytics
Revolution Analytics is the leading commercial provider of software and services based on the open source R project for statistical computing. Headquartered in Mountain View, California, the company brings big data scalability, performance, and cross-platform enterprise readiness to R, the world’s most widely-used statistics software. The company’s flagship Revolution R Enterprise software is designed to meet the production needs of leading organizations in data-driven industries including finance, retail, manufacturing, and digital media. Used by over 2 million data scientists in academia and at cutting-edge organizations such as Google, Bank of America and the US Food and Drug Administration, R is the standard of innovation in statistical analysis. Revolution Analytics is committed to supporting the continued growth of the R community worldwide, by sponsoring R user groups and conferences worldwide, and offers free licenses of Revolution R Enterprise to everyone in academia.
About Alteryx, Inc.
Alteryx provides an indispensable and easy-to-use analytics platform for enterprise companies making critical decisions that drive their business strategy and growth. Alteryx Strategic Analytics runs analytic applications that empower executives to identify and seize market opportunities, outsmart their competitors, increase customer loyalty and drive more revenue. It enables business analysts and Data Artisans to combine Big Data with market knowledge, location insight, and business intelligence; easily perform predictive and spatial analytics; and produce analytic apps that can be shared via the private cloud or the Alteryx Analytics Gallery public cloud. Customers like Experian Marketing Services and McDonald's rely on Alteryx daily. Headquartered in Irvine, California, and with offices in Boulder and Silicon Valley, Alteryx empowers 250+ customers and 200,000+ users worldwide. Visit Alteryx, the leader in Strategic Analytics, today at www.alteryx.com or call 1-888-836-4274.
Brandy S. Baxter - Alteryx, Inc.
Amber Winans - Bhava Communications
Jill Reed or Angela Lestar - Schwartz MSL