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Barb Huelskamp and Tarik Dwiek, Alteryx


 

>>Okay. We're back here in the cube, focusing on the business promise of the cloud democratizing data, making it accessible and enabling everyone to get value from analytics, insights, and data. We're now moving into the eco systems segment the power of many versus the resources of one. And we're pleased to welcome. Barb Hills camp was the senior vice president partners and alliances at Ultrix and a special guest terror do week head of technology alliances at snowflake folks. Welcome. Good to see you. >>Thank you. Thanks for having me. Good to >>See Dave. Great to see you guys. So cloud migration, it's one of the hottest topics. It's the top one of the top initiatives of senior technology leaders. We have survey data with our partner ETR it's number two behind security and just ahead of analytics. So we're hovering around all the hot topics here. Barb, what are you seeing with respect to customer know cloud migration momentum and how does the Ultrix partner strategy fit? >>Yeah, sure. Partners are central, our company's strategy. They always have been, we recognize that our partners have deep customer relationships. And when you connect that with their domain expertise, they're really helping customers on their cloud and business transformation journey. We've been helping customers achieve their desired outcomes with our partner community for quite some time. And our partner base has been growing an average of 30% year over year, that partner, community and strategy now addresses several kinds of partners, spanning solution providers to global size and technology partners, such as snowflake and together, we help our customers realize that business promise of their journey to the cloud. Snowflake provides a scalable storage system altereds provides the business user friendly front end. So for example, it departments depend on snowflake to consolidate data across systems into one data cloud with Altryx business users can easily unlock that data in snowflake solving real business outcomes. Our GSI and solution provider partners are instrumental in providing that end to end benefit of a modern analytic stack in the cloud providing platform guidance, deployment, support, and other professional services. Okay, >>Great. Let's get a little bit more into the relationship between Altrix and in snowflake the partnership, maybe a little bit about the history, you know, what are the critical aspects that we should really focus on? Barb? Maybe you could start an Interra kindly way in as well. >>Yeah, so the relationship started in 2020 and all shirts made a big bag deep with snowflake co-innovating and optimizing cloud use cases together. We are supporting customers who are looking for that modern analytic stack to replace an old one or to implement their first analytic strategy. And our joint customers want to self-serve with data-driven analytics, leveraging all the benefits of the cloud, scalability, accessibility, governance, and optimizing our costs. Altrix proudly achieves highest elite tier and their partner program last year. And to do that, we completed a rigorous third party testing process, which also helped us make some recommended improvements to our joint stack. We wanted customers to have confidence. They would benefit from high quality and performance in their investment with us then to help customers get the most value out of the strength solution. We developed two great assets. One is the Altrix starter kit for snowflake, and we coauthored a joint best practices guide. >>The starter kit contains documentation, business workflows and videos, helping customers to get going more easily with an Alteryx and snowflake solution. And the best practices guide is more of a technical document, bringing together experiences and guidance on how Ultrix and snowflake can be deployed together. Internally. We also built a full enablement catalog resources, right? We wanted to provide our account executives more about the value of the snowflake relationship. How do we engage and some best practices. And now we have hundreds of joint customers such as Juniper and Sainsbury who are actively using our joint solution, solving big business problems, much faster. Cool. >>Tara, can you give us your perspective on the >>Yeah, definitely. Dave. So as Bart mentioned, we've got this standing very successful partnership going back, whereas with hundreds of happy joint customers. And when I look at the beginning, Ultrix has helped pioneer the concept of self-service analytics actually with use cases that we've worked on with, for, for data prep for BI users like Tableau and as Altrix has evolved to now becoming from data prep to now becoming a full end to end data science platform, it's really opened up a lot more opportunities for our partnership. Ultrix has invested heavily over the last two years in areas of deep integration for customers to fully be able to expand their investment, both technologies. And those investments include things like in database pushed down, right? So customers can, can leverage that elastic platform, that being the snowflake data cloud with Alteryx orchestrating the end to end machine learning workflows, Altryx also invested heavily in snow park, a feature we released last year around this concept of data programmability. So all users were regardless of their business analysts, regardless of their data, scientists can use their tools of choice in order to consume and get at data. And now with Altryx cloud, we think it's going to open up even more opportunities. It's going to be a big year for the partnership. >>Yeah. So, you know, Terike, we we've covered snowflake pretty extensively and you initially solve what I used to call the, I still call the snake swallowing the basketball problem and cloud data warehouse changed all that because you had virtually infinite resources. But so that's obviously one of the problems that you guys solved early on, but what are some of the common challenges or patterns or trends that you see with snowflake customers and where does Altryx come in? >>Sure. Dave there's there's handful that I can come up with today. The big challenges or trends for us, and Altrix really helps us across all of them. There are three particular ones I'm going to talk about the first one being self service analytics. If we think about it, every organization is trying to democratize data. Every organization wants to empower all their users, business users, you know, the, the technology users, but the business users, right? I think every, every organization has realized that if everyone has access to data and everyone can do something with data, it's going to make them competitively, give them a competitive advantage with all traits is something we share that vision of putting that power in the hands of everyday users, regardless of the skillsets. So with self-service analytics, with Ultrix designer, they've they started out with self-service analytics as the forefront, and we're just scratching the surface. >>I think there was an analyst report that shows that less than 20% of organizations are truly getting self-service analytics to their end users. Now with Altryx going to Ultrix cloud, we think that's going to be a huge opportunity for us. And then that opens up the second challenge, which is machine learning and AI, every organization is trying to get predictive analytics into every application that they have in order to be competitive in order to be competitive. And with Altryx creating this platform. So they can cater to both the everyday business user, the quote, unquote, citizen data scientists, and making it code friendly for data scientists, to be able to get at their notebooks and all the different tools that they want to use. They fully integrated in our snow park platform, which I talked about before, so that now we get an end to end solution catering to all, all lines of business. >>And then finally this concept of data marketplaces, right? We, we created snowflake from the ground up to be able to solve the data sharing problem, the big data problem, the data sharing problem. And Altryx, if we look at mobilizing your data, getting access to third-party data sets to enrich with your own data sets to enrich with, with your suppliers and with your partners, data sets, that's what all customers are trying to do in order to get a more comprehensive 360 view within their, their data applications. And so with Altryx is we're working on third-party data sets and marketplaces for quite some time. Now we're working on how do we integrate what Altrix is providing with, with the snowflake data marketplace so that we can enrich these workflows, these great rate workflows that Ultrix rating provides. Now we can add third party data into that workflow. So that opens up a ton of opportunities date. So those are three. I see easily that we're going to be able to solve a lot of customer challenges with. >>Excellent. Thank you for that. Terrick so let's stay on cloud a little bit. I mean, Altrix is undergoing a major transformation, big focus on the cloud. How does this cloud launch impact the partnership Terike from snowflakes perspective and then Barb, maybe, please add some color. >>Yeah, sure. Dave snowflake started as a cloud data platform. We saw our founders really saw the challenges that customers are having with becoming data-driven. And the biggest challenge was the complexity of having a managed infrastructure to even be able to, to get applications off the ground. And so we created something to be Claudia. We created to be a SAS managed service. So now that that Altrix is moving into the same model, right? A cloud platform, a SAS managed service, we're just, we're just removing more of the friction. So we're going to be able to start to package these end to end solutions that are SAS based that are fully managed. So customers can, can go faster. They don't have to worry about all of the underlying complexities of, of, of stitching things together. Right? So, so that's, what's exciting from my viewpoint >>And I'll follow up. So as you said, we're investing heavily in the cloud a year ago, we had to pray desktop products. And today we have four cloud products with cloud. We can provide our users with more flexibility. We want to make it easier for the users to leverage their snowflake data in the Alteryx platform, whether they're using our beloved on-premise solution or the new cloud products, we're committed to that continued investment in the cloud, enabling our joint partner solutions to meet customer requirements, wherever they store their data. And we're working with snowflake, we're doing just that. So as customers look for a modern analytic stack, they expect that data to be easily accessible, right within a fast, secure and scalable platform. And the launch of our cloud strategy is a huge leap forward in making Altrix more widely accessible to all users in all types of roles, our GSI and our solution provider partners have asked for these cloud capabilities at scale, and they're excited to better support our customers cloud and analytic ambitions. >>How about you go to market strategy? How would you describe your joint go to market strategy with snowflake? >>Sure. It's simple. We've got to work backwards from our customer's challenges, right? Driving transformation to solve problems, games agencies, or help them save money. So whether it's with snowflake or other GSI, other partner types, we've outlined a joint journey together from recruit solution development, activation enablement, and then strengthening our go to market strategies to optimize our results together. We launched an updated partner program and within that framework, we've created new benefits for our partners around opportunity registration, new role based enablement and training, basically extending everything we do internally for our own go-to-market teams to our partners. We're offering partner, marketing resources and funding to reach new customers together. And as a matter of fact, we recently launched a fantastic video with snowflake. I love this video that very simply describes the path to insights starting with your snowflake data. Right? We do joint customer webinars. We're working on joint hands-on labs and have a wonderful landing page with a lot of assets for our customers. Once we have an interested customer, we engage our respective account managers, collaborating through questions, proof of concepts really showcasing the desired outcome. And when you combine that with our partners technology or domain expertise, it's quite powerful, >>Tara, how do you see it? You'd go to market strategy. >>Yeah. Dave we've. So we initially started selling, we initially sold snowflake as technology, right? Looking at positioning the diff the architectural differentiators and the scale and concurrency. And we noticed as we got up into the larger enterprise customers, we were starting to see how do they solve their business problems using the technology, as well as them coming to us and saying, look, we want to also know how do you, how do you continue to map back to the specific prescriptive business problems we're having? And so we shifted to an industry focus last year, and this is an area where Ultrix has been mature for probably since their inception selling to the line of business, right? Having prescriptive use cases that are particular to an industry like financial services, like retail, like healthcare and life sciences. And so mark talked about these, these starter kits where it's prescriptive, you've got a demo and a way that customers can get off the ground and running, right? >>Because we want to be able to shrink that time to market, the time to value that customers can watch these applications. And we want to be able to, to, to tell them specifically how we can map back to their business initiatives. So I see a huge opportunity to align on these industry solutions. As BARR mentioned, we're already doing that where we've released a few around financial services working on healthcare and retail as well. So that is going to be a way for us to allow customers to go even faster and start to map to lines of business with Altryx >>Great. Thanks Derek, Bob, what can we expect if we're observing this relationship? What should we look for in the coming year? >>A lot specifically with snowflake, we'll continue to invest in the partnership. We're co innovators in this journey, including snow park extensibility efforts, which Derek will tell you more about shortly. We're also launching these great news strategic solution blueprints, and extending that at no charge to our partners with snowflake, we're already collaborating with their retail and CPG team for industry blueprints. We're working with their data marketplace team to highlight solutions, working with that data in their marketplace. More broadly, as I mentioned, we're relaunching the alternative partner program designed to really better support the unique partner types in our global ecosystem, introducing new benefits so that with every partner, achievement or investment with ultra we're providing our partners with earlier access to benefits, I could talk about our program for 30 minutes. I know we don't have time, but the key message here Alteryx is investing in our partner community across the business, recognizing the incredible value that they bring to our customers every day. >>Great Tarik. We'll give you the last word. What should we be looking for from, >>Yeah. Thanks. Thanks, Dave. As BARR mentioned, Ultrix has been the forefront of innovating with us. They've been integrating into making sure again, that customers get the full investment out of snowflake things like in database push down that I talked about before, but extensibility is really what we're excited about. The ability for Altrix to plug into this extensibility framework that we call snow park and to be able to extend out ways that the end users can consume snowflake through, through sequel, which has traditionally been the way that you consume snowflake as well as Java and Scala now Python. So we're excited about those, those capabilities. And then we're also excited about the ability to plug into the data marketplace to provide third party data sets, right? If they're PI day sets and in financial services, third party, data sets and retail. So now customers can build their data applications from end to end using ultrasound snowflake when the comprehensive 360 view of their customers, of their partners, of even their employees. Right. I think it's exciting to see what we're going to be able to do together with these upcoming innovations. >>Great stuff, Bob, Derek, thanks so much for coming on the program. Got to leave it right there in a moment. I'll be back with some closing thoughts in summary, don't go away.

Published Date : Mar 1 2022

SUMMARY :

We're now moving into the eco systems segment the power of many Good to So cloud migration, it's one of the hottest topics. on snowflake to consolidate data across systems into one data cloud with Altryx business the partnership, maybe a little bit about the history, you know, what are the critical aspects that we should really focus And to do that, we completed a rigorous third party helping customers to get going more easily with an Alteryx and snowflake solution. So customers can, can leverage that elastic platform, that being the snowflake data cloud with one of the problems that you guys solved early on, but what are some of the common challenges or patterns or trends to data and everyone can do something with data, it's going to make them competitively, give them a competitive advantage So they can cater to both the everyday business user, And so with Altryx is we're working on third-party big focus on the cloud. So now that that Altrix is moving into the same model, And today we have four cloud products with cloud. the path to insights starting with your snowflake data. You'd go to market strategy. And so we shifted to an industry focus customers to go even faster and start to map to lines of business with Altryx What should we look for in the coming year? blueprints, and extending that at no charge to our partners with snowflake, we're already collaborating with What should we be looking for from, excited about the ability to plug into the data marketplace to provide third party data sets, Got to leave it right there in a moment.

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Adam Wilson and Suresh Vittal, Alteryx


 

>>Okay. We're here with the rest of the child who was the chief product officer at Altryx and Adam Wilson, the CEO of Trifacta. Now of course, part of Altryx just closed this quarter. Gentlemen. Welcome. >>Great to be here. >>Okay. So rest, let me start with you. In my opening remarks, I talked about Altrix is traditional position serving business analysts and how the hyper Anna acquisition brought you deeper into the business user space. What does Trifacta bring to your portfolio? Why'd you buy the company? >>Yeah. Thank you. Thank you for the question. Um, you know, we see, uh, we see a massive opportunity of helping, um, brands, um, democratize the use of analytics across their business. Um, every knowledge worker, every individual in the company should have access to analytics. It's no longer optional, um, as they navigate, uh, their businesses with that in mind, you know, we know designer and are the products that Ultrix has been selling the past decade or so do a really great job, um, addressing the business analysts, uh, with, um, hyperaware, um, now kind of renamed, um, Altrix auto insights. Uh, we even speak with the, uh, business owner of the line of business owner. Who's looking for insights that aren't real in traditional dashboards and so on. Um, but we see this opportunity of really helping the data engineering teams and it organizations, um, to also make better use of analytics. Um, and that's where the drive factor comes in for us. Um, drive factor has the best data engineering cloud in the planet. Um, they have an established track record of working across multiple cloud platforms and helping data engineers, um, do better data pipelining and work better with, uh, this massive kind of cloud transformation that's happening in every business. Um, and so Trifacta made so much sense for us. >>Yeah. Thank you for that. I mean, look, you could have built it yourself. Would've taken, you know, who knows how long, but, uh, so definitely a great time to market move, Adam. I wonder if we could dig into Trifacta some more, I mean, I remember interviewing Joe Hellerstein in the early days. You've talked about this as well, uh, on the cube coming at the problem of taking data from raw refined to an experience point of view. And Joe in the early days, talked about flipping the model and starting with data visualization, something Jeff, her was expert at. So maybe explain how we got here. We used to have this cumbersome process of ETL and you may be in some others changed that model with ELL and then T explain how Trifacta really changed the data engineering game. >>Yeah, that's exactly right. Uh, David, it's been a really interesting journey for us because I think the original hypothesis coming out of the campus research, uh, at Berkeley and Stanford that really birthed Trifacta was, you know, why is it that the people who know the data best can't do the work? You know, why is this become the exclusive purview of the highly technical and, you know, can we rethink this and make this a user experience, problem powered by machine learning that will take some of the more complicated things that people want to do with data and really helped to automate those. So, so a, a broader set of users can, um, can really see for themselves and help themselves. And, and I think that, um, there was a lot of pent up frustration out there because people have been told for, you know, for a decade now to be more data-driven and then the whole time they're saying, well, then give me the data, you know, in the shape that I can use it with the right level of quality and I'm happy to be, but don't tell me to be more data driven and then, and, and not empower me, um, to, to get in there and to actually start to work with the data in meaningful ways. >>And so, um, that was really, you know, what, you know, the origin story of the company. And I think as, as we, um, you know, saw over the course of the last 5, 6, 7 years that, um, you know, a real, uh, excitement to embrace this idea of, of trying to think about data engineering differently, trying to democratize the, the ETL process and to also leverage all of these exciting new, uh, engines and platforms that are out there that allow for processing, you know, ever more diverse data sets, ever larger data sets and new and interesting ways. And that's where a lot of the push down or the ELT approaches that, you know, I think it could really won the day. Um, and that, and that for us was a hallmark of the solution from the very beginning. >>Yeah, this is a huge point that you're making. This is first of all, there's a large business, it's probably about a hundred billion dollar Tam. Uh, and the, the point you're making is we've looked, we've contextualized most of our operational systems, but the big data pipelines hasn't gotten there. And maybe we could talk about that a little bit because democratizing data is Nirvana, but it's been historically very difficult. You've got a number of companies it's very fragmented and they're all trying to attack their little piece of the problem to achieve an outcome, but it's been hard. And so what's going to be different about Altryx as you bring these puzzle pieces together, how is this going to impact your customers who would like to take that one? >>Yeah, maybe, maybe I'll take a crack at it. And Adam will, um, add on, um, you know, there hasn't been a single platform, uh, for analytics automation in the enterprise, right? People have relied on, uh, different products, um, to solve kind of, uh, smaller problems, um, across this analytics, automation, data transformation domain. Um, and, um, I think uniquely altereds has that opportunity. Uh, we've got 7,000 plus customers who rely on analytics for, um, data management, for analytics or AI and ML, uh, for transformations, uh, for reporting and visualization for automated insights and so on. And so by bringing drive factor, we have the opportunity to scale this even further and solve for more use cases, expand the scenarios where it's gets applied and so multiple personas. Um, and now we just talked about the data engineers. They are really a growing stakeholder in this transformation of data and analytics. >>Yeah, good. Maybe we can stay on this for a minute cause you, you you're right. You bring it together. Now that at least 3% is the business analyst, the end user slash business user. And now the data engineer, which is really out of an it role in a lot of companies, and you've used this term, the data engineering cloud, what is that, how is it going to integrate in with, or support these other personas? And, and how's it going to integrate into the broader ecosystem of clouds and cloud data warehouses or any other data stores? >>Yeah, no, that's great. Uh, yeah, I think for us, we really looked at this and said, you know, we want to build an open and interactive cloud platform for data engineers, you know, to collaboratively profile pipeline, um, and prepare data for analysis. And that really meant collaborating with the analysts that were in the line of business. And so this is why a big reason why this combination is so magic because ultimately if we can get the data engineers that are creating the data products together with the analysts that are, uh, in the line of business that are driving a lot of the decision-making and allow for that, what I would describe as collaborative curation of the data together, so that you're starting to see, um, uh, you know, increasing returns to scale as this, uh, as this rolls out. I just think that is an incredibly powerful combination and, and frankly, something that the market has not cracked the code on yet. And so, um, I think when we, when I sat down with Suresh and with mark and the team at Ultrix, that was really part of the, the, the big idea, the big vision that that was painted and, and got us really energized about the acquisition and about the potential of the combination. >>Yeah. And you're really, you're obviously riding the cloud and the cloud native wave. Um, and, but specifically we're seeing, you know, I almost don't even want to call it a data warehouse anyway, because when you look at what's, for instance, snowflake is doing, of course their marketing is around the data cloud, but I actually think there's real justification for that because it's not like the traditional data warehouse, right. It's, it's simplified get there fast, don't necessarily have to go through the central organization to share data. Uh, and, and, and, but it's really all about simplification, right? Isn't that really what the democratization comes down to. >>Yeah. It's simplification and collaboration. Right. I don't want to, I want to kind of just, um, what Adam said resonates with me deeply, um, analytics is one of those, um, massive disciplines, an enterprise that's really had the weakest of tools. Um, and we just have interfaces to collaborate with, and I think truly this was Alteryx's and a superpower was helping the analysts get more out of their data, get more out of the analytics, like imagine a world where these people are collaborating and sharing insights in real time and sharing workflows and getting access to new data sources, um, understanding data models better, I think, um, uh, curating those insights. I boring Adam's phrase again. Um, I think that creates a real value inside the organization, uh, because frankly in scaling analytics and democratizing analytics and data, we're still in such early phases of this journey. >>So how should we think about designer cloud, which is from Altryx it's really been the on-prem and the server desktop offering. And of course Trifacta is with cloud cloud data warehouses. Right. Uh, how, how should we think about those two products? >>Yeah, I think, I think you should think about them and, uh, um, as, as very complimentary right design a cloud really shares a lot of DNA and heritage with, uh, designer desktop, um, the low code tooling and that interface, uh, that really appeals to the business analysts, um, and gets a lot of the things that they do well, we've also built it with interoperability in mind, right. So if you started building your workflows in designer desktop, you want to share that with design and cloud, we want to make it super easy for you to do that. Um, and I think over time now we're only a week into, um, this Alliance with, um, with Trifacta. Um, I think we have to get deeper inside to think about what does the data engineer really need what's business analysts really need and how to design a cloud, and Trifacta really support both of those requirements, uh, while kind of continue to build on the tri-factor on the amazing tri-factor cloud platform. >>You know, >>I was just going to say, I think that's one of the things that, um, you know, creates a lot of, uh, opportunity as we go forward, because ultimately, you know, Trifacta took a platform, uh, first mentality to everything that we built. So thinking about openness and extensibility and, um, and how over time people could build things on top of, by factor that are a variety of analytic tool chain, or analytic applications. And so, uh, when you think about, um, Ultrix now starting to, uh, to move some of its capabilities or to provide additional capabilities, uh, in the cloud, um, you know, Trifacta becomes a platform that can accelerate, you know, all of that work and create, uh, uh, a cohesive set of, of cloud-based services that, um, share a common platform. And that maintains independence because both companies, um, have been, uh, you know, fiercely independent, uh, and really giving people choice. >>Um, so making sure that whether you're, uh, you know, picking one cloud platform and other, whether you're running things on the desktop, uh, whether you're running in hybrid environments, that, um, no matter what your decision, um, you're always in a position to be able to get out your data. You're always in a position to be able to cleanse transform shape structure, that data, and ultimately to deliver, uh, the analytics that you need. And so I think in that sense, um, uh, you know, this, this again is another reason why the combination, you know, fits so well together, giving people, um, the choice. Um, and as they, as they think about their analytics strategy and their platform strategy going forward, >>Yeah. I make a chuckle, but I, one of the reasons I always liked Altryx is cause you kinda did the little end run on it. It can be a blocker sometimes, but that created problems, right? Because the current organization said, wow, there's big data stuff is taken off, but we need security. We need governance. And, and it was interesting because he got, you know, ETTL has been complex, whereas the visualization tools, they really, you know, really weren't great at governance and security. It took some time there. So that's not, not their heritage. You're bringing those worlds together. And I'm interested, you guys just had your sales kickoff, you know, what was their reaction like, uh, maybe Suresh, you could start off and maybe Adam, you could bring us home. >>Yeah. Um, thanks for asking about our sales kickoff. So we met for the first time and kind of two years, right. For, as, as it is for many of us, um, in person, uh, um, which I think was, uh, was a real breakthrough as Qualtrics has been on its transformation journey. Uh, we had a Trifacta to, um, the, the party such as the tour, um, and getting all of our sales teams and product organizations, um, to meet in person in one location. I thought that was very powerful for us, the company. Uh, but then I tell you, um, um, the reception for Trifacta was beyond anything I could have imagined. Uh, we were working Adam and I were working so hard on, on the deal and the core hypothesis and so on. And then you step back and you kind of share the vision, uh, with the field organization and it blows you away, the energy that it creates among our sellers, our partners, and I'm sure Adam will, and his team were mocked every single day with questions and opportunities to bring them in. >>But Adam, maybe he's chair. Yeah, I know it was, uh, it was through the roof. I mean, uh, uh, the, uh, the amount of energy, the, uh, certainly how welcoming everybody was, uh, uh, you know, just, I think the story makes so much sense together. I think culturally, the company is, are very aligned. Um, and, uh, it was a real, uh, real capstone moment, uh, to be able to complete the acquisition and to, and to close and announced, you know, at the kickoff event. And, um, I think, you know, for us, when we really thought about it, you know, when we ended the story, that we was just, you have this opportunity to really cater to what the end-users, you know, care about, which is a lot about interactivity and self-service, and at the same time. And that's, and that's a lot of the goodness that, um, that Ultrix has brought, you know, through, you know, you know, years and years of, of building a very vibrant community of, you know, thousands, hundreds of thousands of users. >>And on the other side, you know, Trifacta bringing in this data engineering focus, that's really about, uh, the governance things that you mentioned and the openness, um, that, that it cares deeply about. And all of a sudden, now you have a chance to put that together into a complete story where the data engineering cloud and analytics, automation, you know, coming together. And, um, and I just think, you know, the lights went on, um, you know, for people instantaneously and, you know, this is a story that, um, that I think the market is really hungry for. And certainly the reception we got from, uh, from the broader team at kickoff was, uh, was a great indication of that. >>Well, I think the story hangs together really well, you know, one of the better ones I've seen in, in this space, um, and, and you guys coming off a really, really strong quarter. So congratulations on that Jensen. We have to leave it there. I really appreciate your time today. Yeah. Take a look at this short video. And when we come back, we're going to dig into the ecosystem and the integration into cloud data warehouses and how leading organizations are creating modern data teams and accelerating their digital businesses. You're watching the cube, your leader in enterprise tech coverage.

Published Date : Mar 1 2022

SUMMARY :

the CEO of Trifacta. serving business analysts and how the hyper Anna acquisition brought you deeper into the Um, you know, we see, uh, we see a massive opportunity Would've taken, you know, who knows how long, um, there was a lot of pent up frustration out there because people have been told for, you know, And so, um, that was really, you know, what, you know, the origin story of the company. about Altryx as you bring these puzzle pieces together, how is this going to impact your customers who um, you know, there hasn't been a single platform, And now the data engineer, which is really Uh, yeah, I think for us, we really looked at this and said, you know, and, but specifically we're seeing, you know, I almost don't even want to call it a data warehouse Um, and we just have interfaces to collaborate And of course Trifacta is with cloud cloud data warehouses. Yeah, I think, I think you should think about them and, uh, um, as, as very complimentary in the cloud, um, you know, Trifacta becomes a platform that can you know, this, this again is another reason why the combination, you know, fits so well together, and it was interesting because he got, you know, ETTL has been complex, And then you step back and you kind of share the vision, uh, And, um, I think, you know, for us, when we really thought about it, you know, when we ended the story, And on the other side, you know, Trifacta bringing in this data engineering focus, Well, I think the story hangs together really well, you know, one of the better ones I've seen in, in this space,

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Accelerating Automated Analytics in the Cloud with Alteryx


 

>>Alteryx is a company with a long history that goes all the way back to the late 1990s. Now the one consistent theme over 20 plus years has been that Ultrix has always been a data company early in the big data and Hadoop cycle. It saw the need to combine and prep different data types so that organizations could analyze data and take action Altrix and similar companies played a critical role in helping companies become data-driven. The problem was the decade of big data, brought a lot of complexities and required immense skills just to get the technology to work as advertised this in turn limited, the pace of adoption and the number of companies that could really lean in and take advantage of the cloud began to change all that and set the foundation for today's theme to Zuora of digital transformation. We hear that phrase a ton digital transformation. >>People used to think it was a buzzword, but of course we learned from the pandemic that if you're not a digital business, you're out of business and a key tenant of digital transformation is democratizing data, meaning enabling, not just hypo hyper specialized experts, but anyone business users to put data to work. Now back to Ultrix, the company has embarked on a major transformation of its own. Over the past couple of years, brought in new management, they've changed the way in which it engaged with customers with the new subscription model and it's topgraded its talent pool. 2021 was even more significant because of two acquisitions that Altrix made hyper Ana and trifecta. Why are these acquisitions important? Well, traditionally Altryx sold to business analysts that were part of the data pipeline. These were fairly technical people who had certain skills and were trained in things like writing Python code with hyper Ana Altryx has added a new persona, the business user, anyone in the business who wanted to gain insights from data and, or let's say use AI without having to be a deep technical expert. >>And then Trifacta a company started in the early days of big data by cube alum, Joe Hellerstein and his colleagues at Berkeley. They knocked down the data engineering persona, and this gives Altryx a complimentary extension into it where things like governance and security are paramount. So as we enter 2022, the post isolation economy is here and we do so with a digital foundation built on the confluence of cloud native technologies, data democratization and machine intelligence or AI, if you prefer. And Altryx is entering that new era with an expanded portfolio, new go-to market vectors, a recurring revenue business model, and a brand new outlook on how to solve customer problems and scale a company. My name is Dave Vellante with the cube and I'll be your host today. And the next hour, we're going to explore the opportunities in this new data market. And we have three segments where we dig into these trends and themes. First we'll talk to Jay Henderson, vice president of product management at Ultrix about cloud acceleration and simplifying complex data operations. Then we'll bring in Suresh Vetol who's the chief product officer at Altrix and Adam Wilson, the CEO of Trifacta, which of course is now part of Altrix. And finally, we'll hear about how Altryx is partnering with snowflake and the ecosystem and how they're integrating with data platforms like snowflake and what this means for customers. And we may have a few surprises sprinkled in as well into the conversation let's get started. >>We're kicking off the program with our first segment. Jay Henderson is the vice president of product management Altryx and we're going to talk about the trends and data, where we came from, how we got here, where we're going. We get some launch news. Well, Jay, welcome to the cube. >>Great to be here, really excited to share some of the things we're working on. >>Yeah. Thank you. So look, you have a deep product background, product management, product marketing, you've done strategy work. You've been around software and data, your entire career, and we're seeing the collision of software data cloud machine intelligence. Let's start with the customer and maybe we can work back from there. So if you're an analytics or data executive in an organization, w J what's your north star, where are you trying to take your company from a data and analytics point of view? >>Yeah, I mean, you know, look, I think all organizations are really struggling to get insights out of their data. I think one of the things that we see is you've got digital exhaust, creating large volumes of data storage is really cheap, so it doesn't cost them much to keep it. And that results in a situation where the organization's, you know, drowning in data, but somehow still starving for insights. And so I think, uh, you know, when I talk to customers, they're really excited to figure out how they can put analytics in the hands of every single person in their organization, and really start to democratize the analytics, um, and, you know, let the, the business users and the whole organization get value out of all that data they have. >>And we're going to dig into that throughout this program data, I like to say is plentiful insights, not always so much. Tell us about your launch today, Jay, and thinking about the trends that you just highlighted, the direction that your customers want to go and the problems that you're solving, what role does the cloud play in? What is what you're launching? How does that fit in? >>Yeah, we're, we're really excited today. We're launching the Altryx analytics cloud. That's really a portfolio of cloud-based solutions that have all been built from the ground up to be cloud native, um, and to take advantage of things like based access. So that it's really easy to give anyone access, including folks on a Mac. Um, it, you know, it also lets you take advantage of elastic compute so that you can do, you know, in database processing and cloud native, um, solutions that are gonna scale to solve the most complex problems. So we've got a portfolio of solutions, things like designer cloud, which is our flagship designer product in a browser and on the cloud, but we've got ultra to machine learning, which helps up-skill regular old analysts with advanced machine learning capabilities. We've got auto insights, which brings a business users into the fold and automatically unearths insights using AI and machine learning. And we've got our latest edition, which is Trifacta that helps data engineers do data pipelining and really, um, you know, create a lot of the underlying data sets that are used in some of this, uh, downstream analytics. >>Let's dig into some of those roles if we could a little bit, I mean, you've traditionally Altryx has served the business analysts and that's what designer cloud is fit for, I believe. And you've explained, you know, kind of the scope, sorry, you've expanded that scope into the, to the business user with hyper Anna. And we're in a moment we're going to talk to Adam Wilson and Suresh, uh, about Trifacta and that recent acquisition takes you, as you said, into the data engineering space in it. But in thinking about the business analyst role, what's unique about designer cloud cloud, and how does it help these individuals? >>Yeah, I mean, you know, really, I go back to some of the feedback we've had from our customers, which is, um, you know, they oftentimes have dozens or hundreds of seats of our designer desktop product, you know, really, as they look to take the next step, they're trying to figure out how do I give access to that? Those types of analytics to thousands of people within the organization and designer cloud is, is really great for that. You've got the browser-based interface. So if folks are on a Mac, they can really easily just pop, open the browser and get access to all of those, uh, prep and blend capabilities to a lot of the analysis we're doing. Um, it's a great way to scale up access to the analytics and then start to put it in the hands of really anyone in the organization, not just those highly skilled power users. >>Okay, great. So now then you add in the hyper Anna acquisition. So now you're targeting the business user Trifacta comes into the mix that deeper it angle that we talked about, how does this all fit together? How should we be thinking about the new Altryx portfolio? >>Yeah, I mean, I think it's pretty exciting. Um, you know, when you think about democratizing analytics and providing access to all these different groups of people, um, you've not been able to do it through one platform before. Um, you know, it's not going to be one interface that meets the, of all these different groups within the organization. You really do need purpose built specialized capabilities for each group. And finally, today with the announcement of the alternates analytics cloud, we brought together all of those different capabilities, all of those different interfaces into a single in the end application. So really finally delivering on the promise of providing analytics to all, >>How much of this you've been able to share with your customers and maybe your partners. I mean, I know OD is fairly new, but if you've been able to get any feedback from them, what are they saying about it? >>Uh, I mean, it's, it's pretty amazing. Um, we ran a early access, limited availability program that led us put a lot of this technology in the hands of over 600 customers, um, over the last few months. So we have gotten a lot of feedback. I tell you, um, it's been overwhelmingly positive. I think organizations are really excited to unlock the insights that have been hidden in all this data. They've got, they're excited to be able to use analytics in every decision that they're making so that the decisions they have or more informed and produce better business outcomes. Um, and, and this idea that they're going to move from, you know, dozens to hundreds or thousands of people who have access to these kinds of capabilities, I think has been a really exciting thing that is going to accelerate the transformation that these customers are on. >>Yeah, those are good. Good, good numbers for, for preview mode. Let's, let's talk a little bit about vision. So it's democratizing data is the ultimate goal, which frankly has been elusive for most organizations over time. How's your cloud going to address the challenges of putting data to work across the entire enterprise? >>Yeah, I mean, I tend to think about the future and some of the investments we're making in our products and our roadmap across four big themes, you know, in the, and these are really kind of enduring themes that you're going to see us making investments in over the next few years, the first is having cloud centricity. You know, the data gravity has been moving to the cloud. We need to be able to provide access, to be able to ingest and manipulate that data, to be able to write back to it, to provide cloud solution. So the first one is really around cloud centricity. The second is around big data fluency. Once you have all of the data, you need to be able to manipulate it in a performant manner. So having the elastic cloud infrastructure and in database processing is so important, the third is around making AI a strategic advantage. >>So, uh, you know, getting everyone involved and accessing AI and machine learning to unlock those insights, getting it out of the hands of the small group of data scientists, putting it in the hands of analysts and business users. Um, and then the fourth thing is really providing access across the entire organization. You know, it and data engineers, uh, as well as business owners and analysts. So, um, cloud centricity, big data fluency, um, AI is a strategic advantage and, uh, personas across the organization are really the four big themes you're going to see us, uh, working on over the next few months and, uh, coming coming year. >>That's good. Thank you for that. So, so on a related question, how do you see the data organizations evolving? I mean, traditionally you've had, you know, monolithic organizations, uh, very specialized or I might even say hyper specialized roles and, and your, your mission of course is the customer. You, you, you, you and your customers, they want to democratize the data. And so it seems logical that domain leaders are going to take more responsibility for data, life cycles, data ownerships, low code becomes more important. And perhaps this kind of challenges, the historically highly centralized and really specialized roles that I just talked about. How do you see that evolving and, and, and what role will Altryx play? >>Yeah. Um, you know, I think we'll see sort of a more federated systems start to emerge. Those centralized groups are going to continue to exist. Um, but they're going to start to empower, you know, in a much more de-centralized way, the people who are closer to the business problems and have better business understanding. I think that's going to let the centralized highly skilled teams work on, uh, problems that are of higher value to the organization. The kinds of problems where one or 2% lift in the model results in millions of dollars a day for the business. And then by pushing some of the analytics out to, uh, closer to the edge and closer to the business, you'll be able to apply those analytics in every single decision. So I think you're going to see, you know, both the decentralized and centralized models start to work in harmony and a little bit more about almost a federated sort of a way. And I think, you know, the exciting thing for us at Altryx is, you know, we want to facilitate that. We want to give analytic capabilities and solutions to both groups and types of people. We want to help them collaborate better, um, and drive business outcomes with the analytics they're using. >>Yeah. I mean, I think my take on another one, if you could comment is to me, the technology should be an operational detail and it has been the, the, the dog that wags the tail, or maybe the other way around, you mentioned digital exhaust before. I mean, essentially it's digital exhaust coming out of operationals systems that then somehow, eventually end up in the hand of the domain users. And I wonder if increasingly we're going to see those domain users, users, those, those line of business experts get more access. That's your goal. And then even go beyond analytics, start to build data products that could be monetized, and that maybe it's going to take a decade to play out, but that is sort of a new era of data. Do you see it that way? >>Absolutely. We're actually making big investments in our products and capabilities to be able to create analytic applications and to enable somebody who's an analyst or business user to create an application on top of the data and analytics layers that they have, um, really to help democratize the analytics, to help prepackage some of the analytics that can drive more insights. So I think that's definitely a trend we're going to see more. >>Yeah. And to your point, if you can federate the governance and automate that, then that can happen. I mean, that's a key part of it, obviously. So, all right, Jay, we have to leave it there up next. We take a deep dive into the Altryx recent acquisition of Trifacta with Adam Wilson who led Trifacta for more than seven years. It's the recipe. Tyler is the chief product officer at Altryx to explain the rationale behind the acquisition and how it's going to impact customers. Keep it right there. You're watching the cube. You're a leader in enterprise tech coverage. >>It's go time, get ready to accelerate your data analytics journey with a unified cloud native platform. That's accessible for everyone on the go from home to office and everywhere in between effortless analytics to help you go from ideas to outcomes and no time. It's your time to shine. It's Altryx analytics cloud time. >>Okay. We're here with. Who's the chief product officer at Altryx and Adam Wilson, the CEO of Trifacta. Now of course, part of Altryx just closed this quarter. Gentlemen. Welcome. >>Great to be here. >>Okay. So let me start with you. In my opening remarks, I talked about Altrix is traditional position serving business analysts and how the hyper Anna acquisition brought you deeper into the business user space. What does Trifacta bring to your portfolio? Why'd you buy the company? >>Yeah. Thank you. Thank you for the question. Um, you know, we see, uh, we see a massive opportunity of helping, um, brands, um, democratize the use of analytics across their business. Um, every knowledge worker, every individual in the company should have access to analytics. It's no longer optional, um, as they navigate their businesses with that in mind, you know, we know designer and are the products that Altrix has been selling the past decade or so do a really great job, um, addressing the business analysts, uh, with, um, hyper Rana now kind of renamed, um, Altrix auto. We even speak with the business owner and the line of business owner. Who's looking for insights that aren't real in traditional dashboards and so on. Um, but we see this opportunity of really helping the data engineering teams and it organizations, um, to also make better use of analytics. Um, and that's where the drive factor comes in for us. Um, drive factor has the best data engineering cloud in the planet. Um, they have an established track record of working across multiple cloud platforms and helping data engineers, um, do better data pipelining and work better with, uh, this massive kind of cloud transformation that's happening in every business. Um, and so fact made so much sense for us. >>Yeah. Thank you for that. I mean, you, look, you could have built it yourself would have taken, you know, who knows how long, you know, but, uh, so definitely a great time to market move, Adam. I wonder if we could dig into Trifacta some more, I mean, I remember interviewing Joe Hellerstein in the early days. You've talked about this as well, uh, on the cube coming at the problem of taking data from raw refined to an experience point of view. And Joe in the early days, talked about flipping the model and starting with data visualization, something Jeff, her was expert at. So maybe explain how we got here. We used to have this cumbersome process of ETL and you may be in some others changed that model with ELL and then T explain how Trifacta really changed the data engineering game. >>Yeah, that's exactly right. Uh, David, it's been a really interesting journey for us because I think the original hypothesis coming out of the campus research, uh, at Berkeley and Stanford that really birth Trifacta was, you know, why is it that the people who know the data best can't do the work? You know, why is this become the exclusive purview of the highly technical? And, you know, can we rethink this and make this a user experience, problem powered by machine learning that will take some of the more complicated things that people want to do with data and really help to automate those. So, so a broader set of, of users can, um, can really see for themselves and help themselves. And, and I think that, um, there was a lot of pent up frustration out there because people have been told for, you know, for a decade now to be more data-driven and then the whole time they're saying, well, then give me the data, you know, in the shape that I could use it with the right level of quality and I'm happy to be, but don't tell me to be more data-driven and then, and, and not empower me, um, to, to get in there and to actually start to work with the data in meaningful ways. >>And so, um, that was really, you know, what, you know, the origin story of the company and I think is, as we, um, saw over the course of the last 5, 6, 7 years that, um, you know, uh, real, uh, excitement to embrace this idea of, of trying to think about data engineering differently, trying to democratize the, the ETL process and to also leverage all these exciting new, uh, engines and platforms that are out there that allow for processing, you know, ever more diverse data sets, ever larger data sets and new and interesting ways. And that's where a lot of the push-down or the ELT approaches that, you know, I think it could really won the day. Um, and that, and that for us was a hallmark of the solution from the very beginning. >>Yeah, this is a huge point that you're making is, is first of all, there's a large business, it's probably about a hundred billion dollar Tam. Uh, and the, the point you're making, because we've looked, we've contextualized most of our operational systems, but the big data pipeline is hasn't gotten there. But, and maybe we could talk about that a little bit because democratizing data is Nirvana, but it's been historically very difficult. You've got a number of companies it's very fragmented and they're all trying to attack their little piece of the problem to achieve an outcome, but it's been hard. And so what's going to be different about Altryx as you bring these puzzle pieces together, how is this going to impact your customers who would like to take that one? >>Yeah, maybe, maybe I'll take a crack at it. And Adam will, um, add on, um, you know, there hasn't been a single platform for analytics, automation in the enterprise, right? People have relied on, uh, different products, um, to solve kind of, uh, smaller problems, um, across this analytics, automation, data transformation domain. Um, and, um, I think uniquely Alcon's has that opportunity. Uh, we've got 7,000 plus customers who rely on analytics for, um, data management, for analytics, for AI and ML, uh, for transformations, uh, for reporting and visualization for automated insights and so on. Um, and so by bringing drive factor, we have the opportunity to scale this even further and solve for more use cases, expand the scenarios where it's applied and so multiple personas. Um, and we just talked about the data engineers. They are really a growing stakeholder in this transformation of data and analytics. >>Yeah, good. Maybe we can stay on this for a minute cause you, you you're right. You bring it together. Now at least three personas the business analyst, the end user slash business user. And now the data engineer, which is really out of an it role in a lot of companies, and you've used this term, the data engineering cloud, what is that? How is it going to integrate in with, or support these other personas? And, and how's it going to integrate into the broader ecosystem of clouds and cloud data warehouses or any other data stores? >>Yeah, no, that's great. Uh, yeah, I think for us, we really looked at this and said, you know, we want to build an open and interactive cloud platform for data engineers, you know, to collaboratively profile pipeline, um, and prepare data for analysis. And that really meant collaborating with the analysts that were in the line of business. And so this is why a big reason why this combination is so magic because ultimately if we can get the data engineers that are creating the data products together with the analysts that are in the line of business that are driving a lot of the decision making and allow for that, what I would describe as collaborative curation of the data together, so that you're starting to see, um, uh, you know, increasing returns to scale as this, uh, as this rolls out. I just think that is an incredibly powerful combination and, and frankly, something that the market is not crack the code on yet. And so, um, I think when we, when I sat down with Suresh and with mark and the team at Ultrix, that was really part of the, the, the big idea, the big vision that was painted and got us really energized about the acquisition and about the potential of the combination. >>And you're really, you're obviously writing the cloud and the cloud native wave. Um, and, but specifically we're seeing, you know, I almost don't even want to call it a data warehouse anyway, because when you look at what's, for instance, Snowflake's doing, of course their marketing is around the data cloud, but I actually think there's real justification for that because it's not like the traditional data warehouse, right. It's, it's simplified get there fast, don't necessarily have to go through the central organization to share data. Uh, and, and, and, but it's really all about simplification, right? Isn't that really what the democratization comes down to. >>Yeah. It's simplification and collaboration. Right. I don't want to, I want to kind of just what Adam said resonates with me deeply. Um, analytics is one of those, um, massive disciplines inside an enterprise that's really had the weakest of tools. Um, and we just have interfaces to collaborate with, and I think truly this was all drinks and a superpower was helping the analysts get more out of their data, get more out of the analytics, like imagine a world where these people are collaborating and sharing insights in real time and sharing workflows and getting access to new data sources, um, understanding data models better, I think, um, uh, curating those insights. I boring Adam's phrase again. Um, I think that creates a real value inside the organization because frankly in scaling analytics and democratizing analytics and data, we're still in such early phases of this journey. >>So how should we think about designer cloud, which is from Altrix it's really been the on-prem and the server desktop offering. And of course Trifacta is with cloud cloud data warehouses. Right. Uh, how, how should we think about those two products? Yeah, >>I think, I think you should think about them. And, uh, um, as, as very complimentary right designer cloud really shares a lot of DNA and heritage with, uh, designer desktop, um, the low code tooling and that interface, uh, the really appeals to the business analysts, um, and gets a lot of the things that they do well, we've also built it with interoperability in mind, right. So if you started building your workflows in designer desktop, you want to share that with design and cloud, we want to make it super easy for you to do that. Um, and I think over time now we're only a week into, um, this Alliance with, um, with, um, Trifacta, um, I think we have to get deeper inside to think about what does the data engineer really need? What's the business analysts really need and how to design a cloud, and Trifacta really support both of those requirements, uh, while kind of continue to build on the trifecta on the amazing Trifacta cloud platform. >>You know, >>I think we're just going to say, I think that's one of the things that, um, you know, creates a lot of, uh, opportunity as we go forward, because ultimately, you know, Trifacta took a platform, uh, first mentality to everything that we built. So thinking about openness and extensibility and, um, and how over time people could build things on top of factor that are a variety of analytic tool chain, or analytic applications. And so, uh, when you think about, um, Ultrix now starting to, uh, to move some of its capabilities or to provide additional capabilities, uh, in the cloud, um, you know, Trifacta becomes a platform that can accelerate, you know, all of that work and create, uh, uh, a cohesive set of, of cloud-based services that, um, share a common platform. And that maintains independence because both companies, um, have been, uh, you know, fiercely independent, uh, and, and really giving people choice. >>Um, so making sure that whether you're, uh, you know, picking one cloud platform and other, whether you're running things on the desktop, uh, whether you're running in hybrid environments, that, um, no matter what your decision, um, you're always in a position to be able to get out your data. You're always in a position to be able to cleanse transform shape structure, that data, and ultimately to deliver, uh, the analytics that you need. And so I think in that sense, um, uh, you know, this, this again is another reason why the combination, you know, fits so well together, giving people, um, the choice. Um, and as they, as they think about their analytics strategy and their platform strategy going forward, >>Yeah. I make a chuckle, but one of the reasons I always liked Altrix is cause you kinda did the little end run on it. It can be a blocker sometimes, but that created problems, right? Because the organization said, wow, this big data stuff has taken off, but we need security. We need governance. And it's interesting because you've got, you know, ETL has been complex, whereas the visualization tools, they really, you know, really weren't great at governance and security. It took some time there. So that's not, not their heritage. You're bringing those worlds together. And I'm interested, you guys just had your sales kickoff, you know, what was their reaction like? Uh, maybe Suresh, you could start off and maybe Adam, you could bring us home. >>Um, thanks for asking about our sales kickoff. So we met for the first time and you've got a two years, right. For, as, as it is for many of us, um, in person, uh, um, which I think was a, was a real breakthrough as Qualtrics has been on its transformation journey. Uh, we added a Trifacta to, um, the, the potty such as the tour, um, and getting all of our sales teams and product organizations, um, to meet in person in one location. I thought that was very powerful for other the company. Uh, but then I tell you, um, um, the reception for Trifacta was beyond anything I could have imagined. Uh, we were working out him and I will, when he's so hot on, on the deal and the core hypotheses and so on. And then you step back and you're going to share the vision with the field organization, and it blows you away, the energy that it creates among our sellers out of partners. >>And I'm sure Madam will and his team were mocked, um, every single day, uh, with questions and opportunities to bring them in. But Adam, maybe you should share. Yeah, no, it was, uh, it was through the roof. I mean, uh, uh, the, uh, the amount of energy, the, uh, certainly how welcoming everybody was, uh, uh, you know, just, I think the story makes so much sense together. I think culturally, the company is, are very aligned. Um, and, uh, it was a real, uh, real capstone moment, uh, to be able to complete the acquisition and to, and to close and announced, you know, at the kickoff event. And, um, I think, you know, for us, when we really thought about it, you know, when we ended, the story that we told was just, you have this opportunity to really cater to what the end users care about, which is a lot about interactivity and self-service, and at the same time. >>And that's, and that's a lot of the goodness that, um, that Altryx is, has brought, you know, through, you know, you know, years and years of, of building a very vibrant community of, you know, thousands, hundreds of thousands of users. And on the other side, you know, Trifacta bringing in this data engineering focus, that's really about, uh, the governance things that you mentioned and the openness, um, that, that it cares deeply about. And all of a sudden, now you have a chance to put that together into a complete story where the data engineering cloud and analytics, automation, you know, coming together. And, um, and I just think, you know, the lights went on, um, you know, for people instantaneously and, you know, this is a story that, um, that I think the market is really hungry for. And certainly the reception we got from, uh, from the broader team at kickoff was, uh, was a great indication. >>Well, I think the story hangs together really well, you know, one of the better ones I've seen in, in this space, um, and, and you guys coming off a really, really strong quarter. So congratulations on that jets. We have to leave it there. I really appreciate your time today. Yeah. Take a look at this short video. And when we come back, we're going to dig into the ecosystem and the integration into cloud data warehouses and how leading organizations are creating modern data teams and accelerating their digital businesses. You're watching the cube you're leader in enterprise tech coverage. >>This is your data housed neatly insecurely in the snowflake data cloud. And all of it has potential the potential to solve complex business problems, deliver personalized financial offerings, protect supply chains from disruption, cut costs, forecast, grow and innovate. All you need to do is put your data in the hands of the right people and give it an opportunity. Luckily for you. That's the easy part because snowflake works with Alteryx and Alteryx turns data into breakthroughs with just a click. Your organization can automate analytics with drag and drop building blocks, easily access snowflake data with both sequel and no SQL options, share insights, powered by Alteryx data science and push processing to snowflake for lightning, fast performance, you get answers you can put to work in your teams, get repeatable processes they can share in that's exciting because not only is your data no longer sitting around in silos, it's also mobilized for the next opportunity. Turn your data into a breakthrough Alteryx and snowflake >>Okay. We're back here in the queue, focusing on the business promise of the cloud democratizing data, making it accessible and enabling everyone to get value from analytics, insights, and data. We're now moving into the eco systems segment the power of many versus the resources of one. And we're pleased to welcome. Barb Hills camp was the senior vice president partners and alliances at Ultrix and a special guest Terek do week head of technology alliances at snowflake folks. Welcome. Good to see you. >>Thank you. Thanks for having me. Good to see >>Dave. Great to see you guys. So cloud migration, it's one of the hottest topics. It's the top one of the top initiatives of senior technology leaders. We have survey data with our partner ETR it's number two behind security, and just ahead of analytics. So we're hovering around all the hot topics here. Barb, what are you seeing with respect to customer, you know, cloud migration momentum, and how does the Ultrix partner strategy fit? >>Yeah, sure. Partners are central company's strategy. They always have been. We recognize that our partners have deep customer relationships. And when you connect that with their domain expertise, they're really helping customers on their cloud and business transformation journey. We've been helping customers achieve their desired outcomes with our partner community for quite some time. And our partner base has been growing an average of 30% year over year, that partner community and strategy now addresses several kinds of partners, spanning solution providers to global SIS and technology partners, such as snowflake and together, we help our customers realize the business promise of their journey to the cloud. Snowflake provides a scalable storage system altereds provides the business user friendly front end. So for example, it departments depend on snowflake to consolidate data across systems into one data cloud with Altryx business users can easily unlock that data in snowflake solving real business outcomes. Our GSI and solution provider partners are instrumental in providing that end to end benefit of a modern analytic stack in the cloud providing platform, guidance, deployment, support, and other professional services. >>Great. Let's get a little bit more into the relationship between Altrix and S in snowflake, the partnership, maybe a little bit about the history, you know, what are the critical aspects that we should really focus on? Barb? Maybe you could start an Interra kindly way in as well. >>Yeah, so the relationship started in 2020 and all shirts made a big bag deep with snowflake co-innovating and optimizing cloud use cases together. We are supporting customers who are looking for that modern analytic stack to replace an old one or to implement their first analytic strategy. And our joint customers want to self-serve with data-driven analytics, leveraging all the benefits of the cloud, scalability, accessibility, governance, and optimizing their costs. Um, Altrix proudly achieved. Snowflake's highest elite tier in their partner program last year. And to do that, we completed a rigorous third party testing process, which also helped us make some recommended improvements to our joint stack. We wanted customers to have confidence. They would benefit from high quality and performance in their investment with us then to help customers get the most value out of the destroyed solution. We developed two great assets. One is the officer starter kit for snowflake, and we coauthored a joint best practices guide. >>The starter kit contains documentation, business workflows, and videos, helping customers to get going more easily with an altered since snowflake solution. And the best practices guide is more of a technical document, bringing together experiences and guidance on how Altryx and snowflake can be deployed together. Internally. We also built a full enablement catalog resources, right? We wanted to provide our account executives more about the value of the snowflake relationship. How do we engage and some best practices. And now we have hundreds of joint customers such as Juniper and Sainsbury who are actively using our joint solution, solving big business problems much faster. >>Cool. Kara, can you give us your perspective on the partnership? >>Yeah, definitely. Dave, so as Barb mentioned, we've got this standing very successful partnership going back years with hundreds of happy joint customers. And when I look at the beginning, Altrix has helped pioneer the concept of self-service analytics, especially with use cases that we worked on with for, for data prep for BI users like Tableau and as Altryx has evolved to now becoming from data prep to now becoming a full end to end data science platform. It's really opened up a lot more opportunities for our partnership. Altryx has invested heavily over the last two years in areas of deep integration for customers to fully be able to expand their investment, both technologies. And those investments include things like in database pushed down, right? So customers can, can leverage that elastic platform, that being the snowflake data cloud, uh, with Alteryx orchestrating the end to end machine learning workflows Alteryx also invested heavily in snow park, a feature we released last year around this concept of data programmability. So all users were regardless of their business analysts, regardless of their data, scientists can use their tools of choice in order to consume and get at data. And now with Altryx cloud, we think it's going to open up even more opportunities. It's going to be a big year for the partnership. >>Yeah. So, you know, Terike, we we've covered snowflake pretty extensively and you initially solve what I used to call the, I still call the snake swallowing the basketball problem and cloud data warehouse changed all that because you had virtually infinite resources, but so that's obviously one of the problems that you guys solved early on, but what are some of the common challenges or patterns or trends that you see with snowflake customers and where does Altryx come in? >>Sure. Dave there's there's handful, um, that I can come up with today, the big challenges or trends for us, and Altrix really helps us across all of them. Um, there are three particular ones I'm going to talk about the first one being self-service analytics. If we think about it, every organization is trying to democratize data. Every organization wants to empower all their users, business users, um, you know, the, the technology users, but the business users, right? I think every organization has realized that if everyone has access to data and everyone can do something with data, it's going to make them competitively, give them a competitive advantage with Altrix is something we share that vision of putting that power in the hands of everyday users, regardless of the skillsets. So, um, with self-service analytics, with Ultrix designer they've they started out with self-service analytics as the forefront, and we're just scratching the surface. >>I think there was an analyst, um, report that shows that less than 20% of organizations are truly getting self-service analytics to their end users. Now, with Altryx going to Ultrix cloud, we think that's going to be a huge opportunity for us. Um, and then that opens up the second challenge, which is machine learning and AI, every organization is trying to get predictive analytics into every application that they have in order to be competitive in order to be competitive. Um, and with Altryx creating this platform so they can cater to both the everyday business user, the quote unquote, citizen data scientists, and making a code friendly for data scientists to be able to get at their notebooks and all the different tools that they want to use. Um, they fully integrated in our snow park platform, which I talked about before, so that now we get an end to end solution caring to all, all lines of business. >>And then finally this concept of data marketplaces, right? We, we created snowflake from the ground up to be able to solve the data sharing problem, the big data problem, the data sharing problem. And Altryx um, if we look at mobilizing your data, getting access to third-party datasets, to enrich with your own data sets, to enrich with, um, with your suppliers and with your partners, data sets, that's what all customers are trying to do in order to get a more comprehensive 360 view, um, within their, their data applications. And so with Altryx alterations, we're working on third-party data sets and marketplaces for quite some time. Now we're working on how do we integrate what Altrix is providing with the snowflake data marketplace so that we can enrich these workflows, these great, great workflows that Altrix writing provides. Now we can add third party data into that workflow. So that opens up a ton of opportunities, Dave. So those are three I see, uh, easily that we're going to be able to solve a lot of customer challenges with. >>So thank you for that. Terrick so let's stay on cloud a little bit. I mean, Altrix is undergoing a major transformation, big focus on the cloud. How does this cloud launch impact the partnership Terike from snowflakes perspective and then Barb, maybe, please add some color. >>Yeah, sure. Dave snowflake started as a cloud data platform. We saw our founders really saw the challenges that customers are having with becoming data-driven. And the biggest challenge was the complexity of having imagine infrastructure to even be able to do it, to get applications off the ground. And so we created something to be cloud-native. We created to be a SAS managed service. So now that that Altrix is moving to the same model, right? A cloud platform, a SAS managed service, we're just, we're just removing more of the friction. So we're going to be able to start to package these end to end solutions that are SAS based that are fully managed. So customers can, can go faster and they don't have to worry about all of the underlying complexities of, of, of stitching things together. Right? So, um, so that's, what's exciting from my viewpoint >>And I'll follow up. So as you said, we're investing heavily in the cloud a year ago, we had two pre desktop products, and today we have four cloud products with cloud. We can provide our users with more flexibility. We want to make it easier for the users to leverage their snowflake data in the Alteryx platform, whether they're using our beloved on-premise solution or the new cloud products were committed to that continued investment in the cloud, enabling our joint partner solutions to meet customer requirements, wherever they store their data. And we're working with snowflake, we're doing just that. So as customers look for a modern analytic stack, they expect that data to be easily accessible, right within a fast, secure and scalable platform. And the launch of our cloud strategy is a huge leap forward in making Altrix more widely accessible to all users in all types of roles, our GSI and our solution provider partners have asked for these cloud capabilities at scale, and they're excited to better support our customers, cloud and analytic >>Are. How about you go to market strategy? How would you describe your joint go to market strategy with snowflake? >>Sure. It's simple. We've got to work backwards from our customer's challenges, right? Driving transformation to solve problems, gain efficiencies, or help them save money. So whether it's with snowflake or other GSI, other partner types, we've outlined a joint journey together from recruit solution development, activation enablement, and then strengthening our go to market strategies to optimize our results together. We launched an updated partner program and within that framework, we've created new benefits for our partners around opportunity registration, new role based enablement and training, basically extending everything we do internally for our own go-to-market teams to our partners. We're offering partner, marketing resources and funding to reach new customers together. And as a matter of fact, we recently launched a fantastic video with snowflake. I love this video that very simply describes the path to insights starting with your snowflake data. Right? We do joint customer webinars. We're working on joint hands-on labs and have a wonderful landing page with a lot of assets for our customers. Once we have an interested customer, we engage our respective account managers, collaborating through discovery questions, proof of concepts really showcasing the desired outcome. And when you combine that with our partners technology or domain expertise, it's quite powerful, >>Dark. How do you see it? You'll go to market strategy. >>Yeah. Dave we've. Um, so we initially started selling, we initially sold snowflake as technology, right? Uh, looking at positioning the diff the architectural differentiators and the scale and concurrency. And we noticed as we got up into the larger enterprise customers, we're starting to see how do they solve their business problems using the technology, as well as them coming to us and saying, look, we want to also know how do you, how do you continue to map back to the specific prescriptive business problems we're having? And so we shifted to an industry focus last year, and this is an area where Altrix has been mature for probably since their inception selling to the line of business, right? Having prescriptive use cases that are particular to an industry like financial services, like retail, like healthcare and life sciences. And so, um, Barb talked about these, these starter kits where it's prescriptive, you've got a demo and, um, a way that customers can get off the ground and running, right? >>Cause we want to be able to shrink that time to market, the time to value that customers can watch these applications. And we want to be able to, to tell them specifically how we can map back to their business initiatives. So I see a huge opportunity to align on these industry solutions. As BARR mentioned, we're already doing that where we've released a few around financial services working in healthcare and retail as well. So that is going to be a way for us to allow customers to go even faster and start to map two lines of business with Alteryx. >>Great. Thanks Derek. Bob, what can we expect if we're observing this relationship? What should we look for in the coming year? >>A lot specifically with snowflake, we'll continue to invest in the partnership. Uh, we're co innovators in this journey, including snow park extensibility efforts, which Derek will tell you more about shortly. We're also launching these great news strategic solution blueprints, and extending that at no charge to our partners with snowflake, we're already collaborating with their retail and CPG team for industry blueprints. We're working with their data marketplace team to highlight solutions, working with that data in their marketplace. More broadly, as I mentioned, we're relaunching the ultra partner program designed to really better support the unique partner types in our global ecosystem, introducing new benefits so that with every partner, achievement or investment with ultra score, providing our partners with earlier access to benefits, um, I could talk about our program for 30 minutes. I know we don't have time. The key message here Alteryx is investing in our partner community across the business, recognizing the incredible value that they bring to our customers every day. >>Tarik will give you the last word. What should we be looking for from, >>Yeah, thanks. Thanks, Dave. As BARR mentioned, Altrix has been the forefront of innovating with us. They've been integrating into, uh, making sure again, that customers get the full investment out of snowflake things like in database push down that I talked about before that extensibility is really what we're excited about. Um, the ability for Ultrix to plug into this extensibility framework that we call snow park and to be able to extend out, um, ways that the end users can consume snowflake through, through sequel, which has traditionally been the way that you consume snowflake as well as Java and Scala, not Python. So we're excited about those, those capabilities. And then we're also excited about the ability to plug into the data marketplace to provide third party data sets, right there probably day sets in, in financial services, third party, data sets and retail. So now customers can build their data applications from end to end using ultrasound snowflake when the comprehensive 360 view of their customers, of their partners, of even their employees. Right? I think it's exciting to see what we're going to be able to do together with these upcoming innovations. Great >>Barb Tara, thanks so much for coming on the program, got to leave it right there in a moment, I'll be back with some closing thoughts in a summary, don't go away. >>1200 hours of wind tunnel testing, 30 million race simulations, 2.4 second pit stops make that 2.3. The sector times out the wazoo, whites are much of this velocity's pressures, temperatures, 80,000 components generating 11.8 billion data points and one analytics platform to make sense of it all. When McLaren needs to turn complex data into insights, they turn to Altryx Qualtrics analytics, automation, >>Okay, let's summarize and wrap up the session. We can pretty much agree the data is plentiful, but organizations continue to struggle to get maximum value out of their data investments. The ROI has been elusive. There are many reasons for that complexity data, trust silos, lack of talent and the like, but the opportunity to transform data operations and drive tangible value is immense collaboration across various roles. And disciplines is part of the answer as is democratizing data. This means putting data in the hands of those domain experts that are closest to the customer and really understand where the opportunity exists and how to best address them. We heard from Jay Henderson that we have all this data exhaust and cheap storage. It allows us to keep it for a long time. It's true, but as he pointed out that doesn't solve the fundamental problem. Data is spewing out from our operational systems, but much of it lacks business context for the data teams chartered with analyzing that data. >>So we heard about the trend toward low code development and federating data access. The reason this is important is because the business lines have the context and the more responsibility they take for data, the more quickly and effectively organizations are going to be able to put data to work. We also talked about the harmonization between centralized teams and enabling decentralized data flows. I mean, after all data by its very nature is distributed. And importantly, as we heard from Adam Wilson and Suresh Vittol to support this model, you have to have strong governance and service the needs of it and engineering teams. And that's where the trifecta acquisition fits into the equation. Finally, we heard about a key partnership between Altrix and snowflake and how the migration to cloud data warehouses is evolving into a global data cloud. This enables data sharing across teams and ecosystems and vertical markets at massive scale all while maintaining the governance required to protect the organizations and individuals alike. >>This is a new and emerging business model that is very exciting and points the way to the next generation of data innovation in the coming decade. We're decentralized domain teams get more facile access to data. Self-service take more responsibility for quality value and data innovation. While at the same time, the governance security and privacy edicts of an organization are centralized in programmatically enforced throughout an enterprise and an external ecosystem. This is Dave Volante. All these videos are available on demand@theqm.net altrix.com. Thanks for watching accelerating automated analytics in the cloud made possible by Altryx. And thanks for watching the queue, your leader in enterprise tech coverage. We'll see you next time.

Published Date : Mar 1 2022

SUMMARY :

It saw the need to combine and prep different data types so that organizations anyone in the business who wanted to gain insights from data and, or let's say use AI without the post isolation economy is here and we do so with a digital We're kicking off the program with our first segment. So look, you have a deep product background, product management, product marketing, And that results in a situation where the organization's, you know, the direction that your customers want to go and the problems that you're solving, what role does the cloud and really, um, you know, create a lot of the underlying data sets that are used in some of this, into the, to the business user with hyper Anna. of our designer desktop product, you know, really, as they look to take the next step, comes into the mix that deeper it angle that we talked about, how does this all fit together? analytics and providing access to all these different groups of people, um, How much of this you've been able to share with your customers and maybe your partners. Um, and, and this idea that they're going to move from, you know, So it's democratizing data is the ultimate goal, which frankly has been elusive for most You know, the data gravity has been moving to the cloud. So, uh, you know, getting everyone involved and accessing AI and machine learning to unlock seems logical that domain leaders are going to take more responsibility for data, And I think, you know, the exciting thing for us at Altryx is, you know, we want to facilitate that. the tail, or maybe the other way around, you mentioned digital exhaust before. the data and analytics layers that they have, um, really to help democratize the We take a deep dive into the Altryx recent acquisition of Trifacta with Adam Wilson It's go time, get ready to accelerate your data analytics journey the CEO of Trifacta. serving business analysts and how the hyper Anna acquisition brought you deeper into the with that in mind, you know, we know designer and are the products And Joe in the early days, talked about flipping the model that really birth Trifacta was, you know, why is it that the people who know the data best can't And so, um, that was really, you know, what, you know, the origin story of the company but the big data pipeline is hasn't gotten there. um, you know, there hasn't been a single platform for And now the data engineer, which is really And so, um, I think when we, when I sat down with Suresh and with mark and the team and, but specifically we're seeing, you know, I almost don't even want to call it a data warehouse anyway, Um, and we just have interfaces to collaborate And of course Trifacta is with cloud cloud data warehouses. What's the business analysts really need and how to design a cloud, and Trifacta really support both in the cloud, um, you know, Trifacta becomes a platform that can You're always in a position to be able to cleanse transform shape structure, that data, and ultimately to deliver, And I'm interested, you guys just had your sales kickoff, you know, what was their reaction like? And then you step back and you're going to share the vision with the field organization, and to close and announced, you know, at the kickoff event. And certainly the reception we got from, Well, I think the story hangs together really well, you know, one of the better ones I've seen in, in this space, And all of it has potential the potential to solve complex business problems, We're now moving into the eco systems segment the power of many Good to see So cloud migration, it's one of the hottest topics. on snowflake to consolidate data across systems into one data cloud with Altryx business the partnership, maybe a little bit about the history, you know, what are the critical aspects that we should really focus Yeah, so the relationship started in 2020 and all shirts made a big bag deep with snowflake And the best practices guide is more of a technical document, bringing together experiences and guidance So customers can, can leverage that elastic platform, that being the snowflake data cloud, one of the problems that you guys solved early on, but what are some of the common challenges or patterns or trends everyone has access to data and everyone can do something with data, it's going to make them competitively, application that they have in order to be competitive in order to be competitive. to enrich with your own data sets, to enrich with, um, with your suppliers and with your partners, So thank you for that. So now that that Altrix is moving to the same model, And the launch of our cloud strategy How would you describe your joint go to market strategy the path to insights starting with your snowflake data. You'll go to market strategy. And so we shifted to an industry focus So that is going to be a way for us to allow What should we look for in the coming year? blueprints, and extending that at no charge to our partners with snowflake, we're already collaborating with Tarik will give you the last word. Um, the ability for Ultrix to plug into this extensibility framework that we call Barb Tara, thanks so much for coming on the program, got to leave it right there in a moment, I'll be back with 11.8 billion data points and one analytics platform to make sense of it all. This means putting data in the hands of those domain experts that are closest to the customer are going to be able to put data to work. While at the same time, the governance security and privacy edicts

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George Mathew, Alteryx - BigDataSV 2014 - #BigDataSV #theCUBE


 

>>The cube at big data SV 2014 is brought to you by headline sponsors. When disco we make Hadoop invincible and Aptean accelerating big data, 2.0, >>Okay. We're back here, live in Silicon valley. This is big data. It has to be, this is Silicon England, Wiki bonds, the cube coverage of big data in Silicon valley and all around the world covering the strata conference. All the latest news analysis here in Silicon valley, the cube was our flagship program about the events extract the signal from noise. I'm John furrier, the founders of looking angle. So my co-host and co-founder of Wiki bond.org, Dave Volante, uh, George Matthew CEO, altruist on the cube again, back from big data NYC just a few months ago. Um, our two events, um, welcome back. Great to be here. So, um, what fruit is dropped into the blend or the change, the colors of the big data space this this time. So we were in new Yorkers. We saw what happened there. A lot of talk about financial services, you know, big business, Silicon valley Kool-Aid is more about innovation. Partnerships are being formed, channel expansion. Obviously the market's hot growth is still basing. Valuations are high. What's your take on the current state of the market? >>Yeah. Great question. So John, when we see this market today, I remember even a few years ago when I first visited the cave, particularly when it came to a deep world and strata a few years back, it was amazing that we talked about this early innings of a ballgame, right? We said it was like, man, we're probably in the second or third inning of this ball game. And what has progressed particularly this last few years has been how much the actual productionization, the actual industrialization of this activity, particularly from a big data analytics standpoint has merged. And that's amazing, right? And in a short span, two, three years, we're talking about technologies and capabilities that were kind of considered things that you play with. And now these are things that are keeping the lights on and running, you know, major portions of how better decision-making and analytics are done inside of organizations. So I think that industrialization is a big shift forward. In fact, if you've listened to guys like Narendra Mulani who runs most of analytics at Accenture, he'll actually highlight that as one of the key elements of how not only the transformation is occurring among organizations, but even the people that are servicing a large companies today are going through this big shift. And we're right in the middle of it. >>We saw, you mentioned a censure. We look at CSC, but service mesh and the cloud side, you seeing the consulting firms really seeing build-out mandates, not just POC, like let's go and lock down now for the vendors. That means is people looking for reference accounts right now? So to me, I'm kind of seeing the tea leaves say, okay, who's going to knock down the reference accounts and what is that going to look like? You know, how do you go in and say, I'm going to tune up this database against SAP or this against that incumbent legacy vendor with this new scale-out, all these things are on in play. So we're seeing that, that focus of okay, tire kicking is over real growth, real, real referenceable deployments, not, not like a, you know, POC on steroids, like full on game-changing deployments. Do you see that? And, and if you do, what versions of that do you seeing happening and what ending of that is that like the first pitch of the sixth inning? Uh, w what do you, how would you benchmark that? >>Yeah, so I, I would say we're, we're definitely in the fourth or fifth inning of a non ballgame now. And, and there's innings. What we're seeing is I describe this as a new analytic stack that's emerged, right? And that started years ago when particularly the major Hadoop distro vendors started to rethink how data management was effectively being delivered. And once that data management layer started to be re thought, particularly in terms of, you know, what the schema was on read what the ability to do MPP and scale-out was in terms of how much cheaper it is to bring storage and compute closer to data. What's now coming above that stack is, you know, how do I blend data? How do I be able to give solutions to data analysts who can make better decisions off of what's being stored inside of that petabyte scale infrastructure? So we're seeing this new stack emerge where, you know, Cloudera Hortonworks map are kind of that underpinning underlying infrastructure where now our based analytics that revolution provides Altrix for data blending for analytic work, that's in the hands of data analysts, Tableau for visual analysis and dashboarding. Those are basically the solutions that are moving forward as a capability that are package and product. >>Is that the game-changing feature right now, do you think that integration of the stack, or is that the big, game-changer this sheet, >>That's the hardening that's happening as we speak right now, if you think about the industrialization of big data analytics that, you know, as I think of it as the fourth or fifth inning of the ballgame, that hardening that ability to take solutions that either, you know, the Accentures, the KPMGs, the Deloitte of the world deliver to their clients, but also how people build stuff internally, right? They have much better solutions that work out of the box, as opposed to fumbling with, you know, things that aren't, you know, stitched as well together because of the bailing wire and bubblegum that was involved for the last few years. >>I got it. I got to ask you, uh, one of the big trends you saw in certainly in the tech world, you mentioned stacks, and that's the success of Amazon, the cloud. You're seeing integrated stacks being a key part of the, kind of the, kind of the formation of you said hardening of the stack, but the word horizontally scalable is a term that's used in a lot of these open source environments, where you have commodity hardware, you have open source software. So, you know, everything it's horizontally scalable. Now, that's, that's very easy to envision, but thinking about the implementation in an enterprise or a large organization, horizontally scalable is not a no brainer. What's your take on that. And how does that hyperscale infrastructure mindset of scale-out scalable, which is a big benefit of the current infrastructure? How does that fit into, into the big day? >>Well, I think it fits extremely well, right? Because when you look at the capabilities of the last, as we describe it stack, we almost think of it as vertical hardware and software that's factually built up, but right now, for anyone who's building scale in this world, it's all about scale-out and really being able to build that stack on a horizontal basis. So if you look at examples of this, right, say for instance, what a cloud era recently announced with their enterprise hub. And so when you look at that capability of the enterprise data hub, a lot of it is about taking what yarn has become as a resource manager. What HDFS has been ACOM as a scale-out storage infrastructure, what the new plugin engines have merged beyond MapReduce as a capability for engines to come into a deep. And that is a very horizontal description of how you can do scale out, particularly for data management. >>When we built a lot of the work that was announced at strata a few years ago, particularly around how the analytics architecture for Galerie, uh, emerged at Altryx. Now we have hundreds of, of apps, thousands of users in that infrastructure. And when we built that out was actually scaling out on Amazon where the worker nodes and the capability for us to manage workload was very horizontal built out. If you look at servers today of any layer of that stack, it is really about that horizontal. Scale-out less so about throwing more hardware, more, uh, you know, high-end infrastructure at it, but more about how commodity hardware can be leveraged and use up and down that stack very easily. So Georgia, >>I asked you a question, so why is analytics so hard for so many companies? Um, and you've been in this big data, we've been talking to you since the beginning, um, and when's it going to get easier? And what are you guys specifically doing? You know, >>So facilitate that. Sure. So a few things that we've seen to date is that a lot of the analytics work that many people do internal and external to organizations is very rote, hand driven coding, right? And I think that's been one of the biggest challenges because the two end points in analytics have been either you hard code stuff that you push into a, you know, a C plus plus or a Java function, and you push it into database, or you're doing lightweight analytics in Excel. And really there needs to be a middle ground where someone can do effective scale-out and have repeatability in what's been done and ease of use. And what's been done that you don't have to necessarily be a programmer and Java programmer in C plus plus to push an analytic function and database. And you certainly don't have to deal with the limitations of Excel today. >>And really that middle ground is what Altryx serves. We look at it as an opportunity for analysts to start work with a very repeatable re reasonable workflow of how they would build their initial constructs around an analytic function that they would want to deploy. And then the scale-out happens because all of the infrastructure works on that analyst behalf, whether that be the infrastructure on Hadoop, would that be the infrastructure of the scale out of how we would publish an analytic function? Would that be how the visualizations would occur inside of a product like Tableau? And so that, I think Dave is one of the biggest things that needs to shift over where you don't have the only options in front of you for analytics is either Excel or hard coding, a bunch of code in C plus plus, or Java and pushing it in database. Yeah. >>And you correct me if I'm wrong, but it seems to be building your partnerships and your ecosystem really around driving that solution and, and, and really driving a revolution in the way in which people think about analytics, >>Ease of use. The idea is that ultimately if you can't get data analysts to be able to not only create work, that they can actually self-describe deploy and deliver and deliver success inside of an organization. And scale that out at the petabyte scale information that exists inside of most organizations you fail. And that's the job of folks like ourselves to provide great software. >>Well, you mentioned Tableau, you guys have a strong partnership there, and Christian Chabot, I think has a good vision. And you talked about sort of, you know, the, the, the choices of the spectrum and neither are good. Can you talk a little bit more about that, that, that partnership and the relationship and what you guys are doing together? Yeah. >>Uh, I would say Tableau's our strongest and most strategic partner today. I mean, we were diamond sponsors of their conference. I think I was there at their conference when I was on the cube the time before, and they are diamond sponsors of our conference. So our customers and particular users are one in the same for Tablo. It really becomes a, an experience around how visual analysis and dashboard, and can be very easily delivered by data analysts. And we think of those same users, the same exact people that Tablo works with to be able to do data blending and advanced analytics. And so that's why the two software products, that's why the two companies, that's where our two customer bases are one in the same because of that integrated experience. So, you know, Tableau is basically replacing XL and that's the mission that thereafter. And we feel that anyone who wants to be able to do the first form of data blending, which I would think of as a V lookup in Excel, should look at Altryx as a solution for that one. >>So you mentioned your conference it's inspire, right? It >>Is inspiring was coming up in June, >>June. Yeah. Uh, how many years have you done inspire? >>Inspire is now in its fifth year. And you're gonna bring the >>Cube this year. Yeah. >>That would be great. You guys, yeah, that would be fun. >>You should do it. So talk about the conference a little bit. I don't know much about it, but I mean, I know of it. >>Yeah. It's very centered around business users, particularly data analysts and many organizations that cut across retail, financial services, communications, where companies like Walmart at and T sprint Verizon bring a lot of their underlying data problems, underlying analytic opportunities that they've wrestled with and bring a community together this year. We're expecting somewhere in the neighborhood of 550 600 folks attending. So largely to, uh, figure out how to bring this, this, uh, you know, game forward, really to build out this next rate analytic capability that's emerging for most organizations. And we think that that starts ultimately with data analysts. All right. We think that there are well over two and a half million data analysts that are underserved by the current big data tools that are in this space. And we've just been highly focused on targeting those users. And so far, it's been pretty good at us. >>It's moving, it's obviously moving to the casual user at some levels, but I ended up getting there not soon, but I want to, I want to ask you the role of the cloud and all this, because when you have underneath the hood is a lot of leverage. You mentioned integrates that's when to get your perspective on the data cloud, not data cloud is it's putting data in the cloud, but the role of cloud, the role of dev ops that intersection, but you're seeing dev ops, you know, fueling a lot of that growth, certainly under the hood. Now on the top of the stack, you have the, I guess, this middle layer for lack of a better description, I'm of use old, old metaphor developing. So that's the enablement piece. Ultimately the end game is fully turnkey, data science, personalization, all that's, that's the holy grail. We all know. So how do you see that collision with cloud and the big, the big data? >>Yeah. So cloud is basically become three things for a lot of folks in our space. One is what we talked about, which is scale up and scale out, uh, is something that is much more feasible when you can spin up and spin down infrastructure as needed, particularly on an elastic basis. And so many of us who built our solutions leverage Amazon being one of the most defacto solutions for cloud based deployment, that it just makes it easy to do the scale-out that's necessary. This is the second thing it actually enables us. Uh, and many of our friends and partners to do is to be able to bring a lower cost basis to how infrastructure stood up, right? Because at the end of the day, the challenge for the last generation of analytics and data warehousing that was in this space is your starting conversation is two to $3 million just in infrastructure alone before you even buy software and services. >>And so now if you can rent everything that's involved with the infrastructure and the software is actually working within days, hours of actually starting the effort, as opposed to a 14 month life cycle, it's really compressing the time to success and value that's involved. And so we see almost a similarity to how Salesforce really disrupted the market. 10 years ago, I happened to be at Salesforce when that disruption occurred and the analytics movement that is underway really impacted by cloud. And the ability to scale out in the cloud is really driving an economic basis. That's unheard of with that >>Developer market, that's robust, right? I mean, you have easy kind of turnkey development, right? Tapping >>It is right, because there's a robust, uh, economy that's surrounding the APIs that are now available for cloud services. So it's not even just at the starting point of infrastructure, but there's definite higher level services where all the way to software as industry, >>How much growth. And you'll see in those, in that, as that, that valley of wealth and opportunity that will be created from your costs, not only for the companies involved, but the company's customers, they have top line focus. And then the goal of the movement we've seen with analytics is you seeing the CIO kind of with less of a role, more of the CEO wants to the chief data officer wants most of the top line drivers to be app focused. So you seeing a big shift there. >>Yeah. I mean, one of the, one of the real proponents of the cloud is now the fact that there is an ability for a business analyst business users and the business line to make impacts on how decisions are done faster without the infrastructure underpinnings that were needed inside the four walls in our organization. So the decision maker and the buyer effectively has become to your point, the chief analytics officer, the chief marketing officer, right. Less so that the chief information officer of an organization. And so I think that that is accelerating in a tremendous, uh, pace, right? Because even if you look at the statistics that are out there today, the buying power of the CMO is now outstrip the buying power of the CIO, probably by 1.2 to 1.3 X. Right. And that used to be a whole different calculus that was in front of us before. So I would see that, uh, >>The faster, so yeah, so Natalie just kind of picked this out here real time. So you got it, which we all know, right. I went to the it world for a long time service, little catalog. Self-service, you know, Sarah's already architectures whatever you want to call it, evolve in modern era. That's good. But on the business side, there's still a need for this same kind of cataloguing of tooling platform analytics. So do you agree with that? I mean, do you see that kind of happening that way, where there's still some connection, but it's not a complete dependency. That's kind of what we're kind of rethinking real time you see that happen. >>Yeah. I think it's pretty spot on because when you look at what businesses are doing today, they're selecting software that enables them to be more self-reliant the reason why we have been growing as much among business analysts as we have is we deliver self-reliance software and in some way, uh, that's what tablet does. And so the, the winners in this space are going to be the ones that will really help users get to results faster for self-reliance. And that's, that's really what companies like Altrix Stanford today. >>So I want to ask you a follow up on that CMOs CIO discussion. Um, so given that, that, that CMOs are spending a lot more where's the, who owns the data, is that, is we, we talk, well, I don't know if I asked you this before, but do you see the role of a chief data officer emerging? And is that individual, is that individual part of the marketing organization? Is it part of it? Is it a separate parallel role? What are you, >>One of the things I will tell you is that as I've seen chief analytics and chief data officers emerge, and that is a real category entitled real deal of folks that have real responsibilities in the organization, the one place that's not is in it, which is interesting to see, right? Because oftentimes those individuals are reporting straight to the CEO, uh, or they have very close access to line of business owners, general managers, or the heads of marketing, the heads of sales. So I seeing that shift where wherever that chief data officer is, whether that's reporting to CEOs or line of business managers or general managers of, of, you know, large strategic business units, it's not in the information office, it's not in the CEO's, uh, purview anymore. And that, uh, is kind of telling for how people are thinking about their data, right? Data is becoming much more of an asset and a weapon for how companies grow and build their scale less. So about something that we just have to deal with. >>Yeah. And it's clearly emerging that role in certain industry sectors, you know, clearly financial services, government and healthcare, but slowly, but we have been saying that, >>Yeah, it's going to cross the board. Right. And one of the reasons why I wrote the article at the end of last year, I literally titled it. Uh, analytics is eating the world, is this exact idea, right? Because, uh, you have this, this notion that you no longer are locked down with data and infrastructure kind of holding you back, right? This is now much more in the hands of people who are responsible for making better decisions inside their organizations, using data to drive those decisions. And it doesn't matter the size and shape of the data that it's coming in. >>Yeah. Data is like the F the food that just spilled all over it spilled out from the truck and analytics is on the Pac-Man eating out. Sorry. >>Okay. Final question in this segment is, um, summarize big data SV for us this year, from your perspective, knowing what's going on now, what's the big game changer. What should the folks know who are watching and should take note of which they pay attention to? What's the big story here at this moment. >>There's definite swim lanes that are being created as you can see. I mean, and, and now that the bigger distribution providers, particularly on the Hadoop side of the world have started to call out what they all stand for. Right. You can tell that map are, is definitely about creating a fast, slightly proprietary Hadoop distro for enterprise. You can tell that the folks at cloud era are focusing themselves on enterprise scale and really building out that hub for enterprise scale. And you can tell Horton works is basically embedding, enabling an open source for anyone to be able to take advantage of. And certainly, you know, the previous announcements and some of the recent ones give you an indicator of that. So I see the sense swimlanes forming in that layer. And now what is going to happen is that focus and attention is going to move away from how that layer has evolved into what I would think of as advanced analytics, being able to do the visual analysis and blending of information. That's where the next, uh, you know, battle war turf is going to be in particularly, uh, the strata space. So we're, we're really looking forward to that because it basically puts us in a great position as a company and a market leader in particularly advanced analytics to really serve customers in how this new battleground is emerging. >>Well, we really appreciate you taking the time. You're an awesome guest on the queue biopsy. You know, you have a company that you're running and a great team, and you come and share your great knowledge with our fans and an audience. Appreciate it. Uh, what's next for you this year in the company with some of your goals, let's just share that. >>Yeah. We have a few things that are, we mentioned a person inspired coming up in June. There's a big product release. Most of our product team is actually here and we have a release coming up at the beginning of Q2, which is Altryx nine oh. So that has quite a bit involved in it, including expansion of connectivity, uh, being able to go and introduce a fair degree of modeling capability so that the AR based modeling that we do scales out very well with revolution and Cloudera in mind, as well as being able to package into play analytic apps very quickly from those data analysts in mind. So it's, uh, it's a release. That's been almost a year in the works, and we're very much looking forward to a big launch at the beginning of Q2. >>George, thanks so much. You got inspire coming out. A lot of great success as a growing market, valuations are high, and the good news is this is just the beginning, call it mid innings in the industry, but in the customers, I call the top of the first lot of build-out real deployment, real budgets, real deal, big data. It's going to collide with cloud again, and I'm going to start a load, get a lot of innovation all happening right here. Big data SV all the big data Silicon valley coverage here at the cube. I'm Jennifer with Dave Alonzo. We'll be right back with our next guest. After the short break.

Published Date : Feb 15 2014

SUMMARY :

The cube at big data SV 2014 is brought to you by headline sponsors. A lot of talk about financial services, you know, big business, Silicon valley Kool-Aid is of the key elements of how not only the transformation is occurring among organizations, We look at CSC, but service mesh and the cloud side, you seeing the consulting that stack is, you know, how do I blend data? That's the hardening that's happening as we speak right now, if you think about the industrialization kind of the, kind of the formation of you said hardening of the stack, but the word horizontally And that is a very horizontal description of how you can do scale out, particularly around how the analytics architecture for Galerie, uh, been one of the biggest challenges because the two end points in analytics have been either you hard code stuff that have the only options in front of you for analytics is either Excel or And that's the job of folks like ourselves to provide great software. And you talked about sort of, you know, the, the, the choices of the spectrum and neither are So, you know, Tableau is basically replacing XL and that's the mission that thereafter. And you're gonna bring the Cube this year. That would be great. So talk about the conference a little bit. this, uh, you know, game forward, really to build out this next rate analytic capability that's the stack, you have the, I guess, this middle layer for lack of a better description, I'm of use old, Because at the end of the day, the challenge for the last generation of analytics And the ability to scale out in the cloud is really driving an economic basis. So it's not even just at the starting point of infrastructure, And then the goal of the movement we've seen with analytics is you seeing Less so that the chief information officer of an organization. of rethinking real time you see that happen. the winners in this space are going to be the ones that will really help users get to is that individual part of the marketing organization? One of the things I will tell you is that as I've seen chief analytics and chief data officers you know, clearly financial services, government and healthcare, but slowly, but we have been And one of the reasons why I wrote the article the Pac-Man eating out. What's the big story here at this moment. and some of the recent ones give you an indicator of that. Well, we really appreciate you taking the time. a fair degree of modeling capability so that the AR based modeling that we do scales and the good news is this is just the beginning, call it mid innings in the industry, but in the customers,

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