2022 008 Adam Wilson and Suresh Vittal
[Music] okay we're here with ceres vitale who's the chief product officer at alteryx and adam wilson the ceo of trifacta now of course part of alteryx just closed this quarter gentlemen welcome great to be here okay so rush let me start with you in my opening remarks i talked about alteryx's traditional position serving business analysts and how the hyperanna 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 a we see a massive opportunity of helping brands democratize the use of analytics across their business every knowledge worker every individual in the company should have access to analytics it's no longer optional as they navigate their businesses with that in mind you know we know designer and our the products that alteryx has been selling the past decade or so do a really great job addressing the business analysts with hyper rana now kind of renamed alteryx auto insights we even speak with the business owner the line of business owner who's looking for insights that aren't revealed in traditional dashboards and so on um but we see this opportunity of really helping the data engineering teams and i.t organizations to also make better use of analytics and that's where trifacta comes in for us trifacta has the best data engineering cloud in the planet 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 this massive kind of cloud transformation that's happening in every business um and so trifecta made so much sense for us yeah thank you for that i mean 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 on thecube 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 herr was expert at so maybe explain how we got here we used to have this cumbersome process of etl and you maybe and some others change that model with you know el and then t explain how trifacta really changed the data engineering game yeah that's exactly right uh dave and it's been a really interesting journey for us because i think the original hypothesis coming out of the campus research 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 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 users can 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 they'll don't 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 saw over the course of the last five six seven 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 these exciting new uh engines and platforms that are out there that allow for you know 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 uh you know i think it 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 probably about a hundred billion dollar tam uh and and the the point you're making is we look we've contextualized most of our operational systems but the big data pipelines 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 alteryx 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 add on um you know there hasn't been a single platform [Music] for analytics automation in the enterprise right people have relied on different products to solve kind of smaller problems across this analytics automation data transformation domain and i think uniquely alteryx has that opportunity we've got 7000 plus customers who rely on analytics for data management for analytics for ai and ml for transformations for reporting and visualization for automated insights and so on and so by bringing trifecta we have the opportunity to scale this even further and solve for more use cases expand the scenarios where angles gets applied and serve multiple personas um and now we just talked about the data engineers they are really a growing stakeholder in this transformation of data analytics yeah good maybe we can stay on this for a minute because you're right you bring it together now at least three personas the business analyst the end user size business user and now the data engineer which is really out of an i.t 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 you know that's great uh you know i think for us we really looked at this and said you know we want to build an open and interactive you know cloud platform for data engineers you know to collaboratively profile pipeline um and prepare data for analysis and 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 you know 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 uh powerful combination 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 surash and with mark and and the team at ultrix that was really part of the the big idea the big vision that that was painted and and got us really energized um about the acquisition and about the 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 princeton snowflake is doing of course their marketing is around the data cloud but i 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 this central organization to share data uh 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 uh what what adam said resonates with me deeply um analytics is one of those massive disciplines inside an enterprise that's really had the weakest of tools um and weakest of interfaces to collaborate with and i think truly this was alteryx's end of 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 understanding data models better i think curating those insights i borrowing adam's phrase again 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 alteryx it's really been the on-prem the server or desktop you know offering and of course trifecta is about cloud cloud data warehouses right um how should we think about those two products yeah i think i think you should think about them and as very complementary right designer cloud really shares a lot of dna and heritage with designer desktop the low code tooling and the interface that really appeals to the business analysts 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 designer cloud we want to make it super easy for you to do that and i think over time now we're only a week into this alliance with uh with trifacta i think we have to get deeper and start to think about what does the data engineer really need what business analysts really need and how to design a cloud and try factor really support both of those requirements uh while kind of continue to build on the trifecta on the amazing trifecta cloud platform you know and i think let's go ahead i'm just to say i think that's one of the things that um you know creates a lot of 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 trifacta that are a variety of analytic tool chain or analytic applications and so when you think about um alteryx now starting to uh to move some of its capabilities or to provide additional capabilities uh in the cloud um you know trifacta becomes uh a a platform that can accelerate you know all of that work and create a cohesive set of of cloud-based services that share a common platform and that maintains independence because both companies um have been uh you know fiercely independent uh in really giving people choice um so making sure that whether you're uh you know picking one cloud platform another whether you're running things on the desktop uh whether you're running in hybrid environments that no matter what your decision 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 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 and their platform strategy going forward you know i make a chuckle but one of the reasons i always liked alteryx is because you kind of did did a little end run on i.t i.t can be a blocker sometimes but that created problems right because the organization said wow this big data stuff is taken off but we need security we need governance and and it's interesting because you 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 the 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 uh for the first time in kind of two years right for as it is for many of us um in person uh um which i think was a was a real breakthrough as alteryx has been on its transformation journey uh we had a try factor to um the the party such as it were 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 as a company but then i tell you um the reception for trifecta was beyond anything i could have imagined uh we were working adam and i were working so hard on on the the deal and the core hypotheses and so on and then you step back and kind of share the vision with the field organization and it blows you away the energy that it creates among our sellers our partners and i'm sure adam and his team were mobbed every single day 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 the uh the amount of energy the uh when so certainly how welcoming everybody was uh you know just i think the story makes so much sense together i think culturally the companies 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 announce you know at the kickoff event and um i think you know for us when we really thought about it you know when we and the story that we told 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 alteryx 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 trifecta bringing in this data engineering focus that's really about uh the governance things that you mentioned and the openness 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 come 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 and certainly the reception we got from 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 this space um and and you guys coming off a really really strong quarter so congratulations on that gents we have to leave it there 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 [Music]
SUMMARY :
and on the other side you know trifecta
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