NYSE:AYX

AI trust gap emerges: Businesses embrace Generative AI, but the general public remains wary

Retrieved on: 
Wednesday, May 8, 2024
Aircraft, Hallucination, News, Research, Environment, Synthetic media, Politics, Crime, Data analysis, CIO, Generative, Organization, Health, Medical device

IRVINE, Calif., May 8, 2024 /PRNewswire/ -- Alteryx, Inc., a leader in AI for enterprise analytics, released findings from comprehensive new research into the awareness of and sentiment toward Generative AI (genAI) in 2024. The "Market Research: Attitudes and Adoption of Generative AI" report surveyed 2,000 global IT business leaders and 3,000 members of the general public to gather insights that expose the differing perceptions of how the world is navigating and embracing genAI. While over three-quarters (78%) of organizations say genAI adds business value, 46% of general public respondents are skeptical about its value, and 42% are fearful about its future.

Key Points: 
  • The research highlights similarities in genAI usage: 58% of the general public use genAI to search for information, and 43% of businesses use it for data analysis.
  • 65% of business leaders reported that AI hallucinations negatively impact their overall trust in AI, while 73% of the general public say the same.
  • Similarly, 53% of the general public reported that information produced by genAI was incorrect, and 39% believed it was outdated.
  • Read the Alteryx blog to learn more about how businesses and the general public perceive genAI in 2024.

Alteryx and DataCamp Partner to Bring Analytics Upskilling to All

Retrieved on: 
Tuesday, April 23, 2024
Education, Learning, AI, Partnership, Women in Data, Curriculum, Data science, Workforce, Organization, Retail

IRVINE, Calif., April 23, 2024 /PRNewswire/ -- Alteryx, Inc., a leader in AI for enterprise analytics, announced two new upskilling partnerships from Alteryx SparkED, the company's data analytics education program, to grow the pipeline of diverse analytics talent and empower individuals looking to enhance their career prospects with in-demand skills.

Key Points: 
  • "The growing talent gap in the data and analytics space is impacting our current and prospective customers.
  • That's why we are pleased to partner with DataCamp and Women in Data.
  • DataCamp, an Alteryx Authorized Training Partner, will provide unlimited access to expert-led and interactive learning to four tailor-made Alteryx modules to accelerate the learning pathways for all learners and build confidence in modern data analytics skills, regardless of previous technical ability.
  • "Partnering with Alteryx underscores our commitment to democratizing analytics education to the 14+ million learners and 5,000+ organizations using DataCamp every day," said Jonathan Cornelissen, co-founder and chief executive officer at DataCamp.

Alteryx Enhances Cloud and Generative AI Capabilities with Google Cloud

Retrieved on: 
Tuesday, April 9, 2024
Cloud, Google Cloud, GM, Organization, Friction, Data analysis, Partnership, BigQuery, Research, ISG, AI, Looker Studio, Machine learning, Network equipment provider

IRVINE, Calif., April 9, 2024 /PRNewswire/ -- Alteryx, Inc., a leader for enterprise analytics, today announced the launch of Alteryx Analytics Cloud on Google Cloud, alongside expanded AI capabilities with Google Cloud's Gemini models. Gemini models extend the capabilities of Alteryx AiDIN, the AI engine powering the Alteryx AI Platform. Further, Alteryx now offers private data handling support for Google Cloud on the Alteryx Analytics Cloud. 

Key Points: 
  • Alteryx expands Alteryx Analytics Cloud and AI offerings with Google Cloud, providing customers a conversational interface to interact with their data and more control over where their data is managed
    IRVINE, Calif., April 9, 2024 /PRNewswire/ -- Alteryx, Inc. , a leader for enterprise analytics, today announced the launch of Alteryx Analytics Cloud on Google Cloud, alongside expanded AI capabilities with Google Cloud's Gemini models.
  • Further, Alteryx now offers private data handling support for Google Cloud on the Alteryx Analytics Cloud.
  • Alteryx also unveiled Alteryx Analytics Cloud for Google Cloud, which enables data processing in a client's private cloud environment.
  • "Alteryx's expanded partnership with Google Cloud will help customers utilize Google's AI and machine learning offerings," said Gerrit Kazmaier, GM and VP, Data Analytics, Google Cloud.

Alteryx Announces Luminary Speakers for Company's Inspire, the Analytics Event

Retrieved on: 
Monday, April 8, 2024
Diamond, Digital, Infosys, Controller, FP, Grand Prix, Management

IRVINE, Calif., April 8, 2024 /PRNewswire/ -- Alteryx, Inc., a leader in AI for enterprise analytics, today announced the speaker lineup for Alteryx Inspire 2024, the company's annual customer, partner, and executive conference taking place in Las Vegas from May 13-16. Inspire 2024 will bring together thousands of global attendees. The event will be headlined by Dr. Peter H. Diamandis, one of Fortune's "World's 50 Greatest Leaders," and the founder and executive chairman of the XPRIZE Foundation, which leads the world in designing and operating large-scale incentive competitions that benefit humanity. The event also includes an in-depth training program, free certification exams, and a comprehensive breakout session catalog, to name a few.

Key Points: 
  • The event also includes an in-depth training program, free certification exams, and a comprehensive breakout session catalog, to name a few.
  • At Inspire, attendees will hear from industry leaders sharing inspiring stories and insights using Alteryx AI and analytics innovations to modernize their business and accelerate digital transformation.
  • "At Inspire, we have the opportunity to unlock the full potential of AI-powered analytics together," said Paula Hansen, president and chief revenue officer, Alteryx.
  • Register now for the Alteryx Inspire 2024 conference at www.alteryx.com/inspire and watch the Inspire preview video on SiliconANGLE's theCUBE.

Clearlake Capital Group and Insight Partners Complete Acquisition of Alteryx

Retrieved on: 
Tuesday, March 19, 2024
Organization, Insight Partners, Entrepreneurship, Goldman Sachs, Partner (business rank), Partnership, Professional corporation, Morgan Stanley, Artificial intelligence, Acquisition, AI, J.P. Morgan & Co., Qatalyst Partners, Sidley Austin, Willkie Farr & Gallagher, Financial adviser

IRVINE, Calif., March 19, 2024 /PRNewswire/ -- Clearlake Capital Group, L.P. ("Clearlake") and Insight Partners L.P. ("Insight") today announced that their affiliated funds have completed the acquisition of Alteryx, Inc., a leader in artificial intelligence (AI) for enterprise analytics. The transaction was previously announced on December 18, 2023 and approved by Alteryx stockholders on March 13, 2024.

Key Points: 
  • IRVINE, Calif., March 19, 2024 /PRNewswire/ -- Clearlake Capital Group, L.P. ("Clearlake") and Insight Partners L.P. ("Insight") today announced that their affiliated funds have completed the acquisition of Alteryx, Inc., a leader in artificial intelligence (AI) for enterprise analytics.
  • The transaction was previously announced on December 18, 2023 and approved by Alteryx stockholders on March 13, 2024.
  • Qatalyst Partners LP served as exclusive financial advisor, and Wilson Sonsini Goodrich & Rosati, Professional Corporation and Fenwick & West LLP served as legal advisors to Alteryx.
  • Houlihan Lokey, Goldman Sachs & Co. LLC, J.P. Morgan Securities LLC, and Morgan Stanley & Co. LLC served as financial advisors to Clearlake and Insight.

Alteryx and Databricks Fast-Track AI for Enterprises with Deepened Integration

Retrieved on: 
Wednesday, February 14, 2024
Cloud, SQL, AI, Azure, MIT, Product management, CDO, Databricks, Organization, AYX, Environment, AWS, Partnership, Asset management

IRVINE, Calif., Feb. 14, 2024 /PRNewswire/ -- Alteryx, Inc. (NYSE: AYX), a leader in AI for enterprise analytics, today announced its expanded partnership and product integrations with the Databricks Data Intelligence Platform. These new capabilities provide a faster path to AI-driven insights, enabling business users to get to their first analytics use case in just a few clicks – saving implementation time while leveraging a governed, visible process.

Key Points: 
  • Alteryx joins Partner Connect and expands cloud capabilities with Databricks, allowing business users to simultaneously utilize the Alteryx interface with the Databricks platform for more intelligent insights
    IRVINE, Calif., Feb. 14, 2024 /PRNewswire/ -- Alteryx, Inc. (NYSE: AYX), a leader in AI for enterprise analytics, today announced its expanded partnership and product integrations with the Databricks Data Intelligence Platform.
  • With the expanded integration, Databricks customers can launch a free trial of the Alteryx Analytics Cloud from the Alteryx tile in the Databricks Partner Connect menu.
  • "Our vision for the Data Intelligence Platform is to democratize access to data and AI to everyone," said Ken Wong, senior director, Product Management at Databricks.
  • "Alteryx joining Databricks Partner Connect and expanding on our integration will make it easier than ever for business users to harness the power of our platform, without being dependent on scarce data specialists."

Alteryx Announces Fourth Quarter and Full Year 2023 Financial Results

Retrieved on: 
Tuesday, February 6, 2024
Nature, Institutional Investor, Security (finance), ARR, Table, GAAP, Legislation, Mergers and acquisitions, Exercise, Annual report, Investment, Insight Partners, Alteryx, Balance sheet, Acquisition, Health, Bank statement, AYX, Bank

IRVINE, Calif., Feb. 6, 2024 /PRNewswire/ -- Alteryx, Inc. (NYSE: AYX), the Analytics Automation company, today announced financial results for its fourth quarter and full year ended December 31, 2023.

Key Points: 
  • Revenue: Revenue for the fourth quarter of 2023 was $351 million, an increase of 17%, compared to revenue of $301 million in the fourth quarter of 2022.
  • Non-GAAP income from operations for the fourth quarter of 2023 was $154 million, compared to non-GAAP income from operations of $68 million for the fourth quarter of 2022.
  • Non-GAAP net income per diluted share for the fourth quarter of 2023 was based on 76.9 million non-GAAP weighted-average diluted shares outstanding, compared to 76.3 million non-GAAP weighted-average diluted shares outstanding for the fourth quarter of 2022.
  • Cash provided by operating activities for the fourth quarter of 2023 was $80 million, compared to cash provided by operating activities of $8 million for the fourth quarter of 2022.

Kuehn Law Encourages AYX, EGLE, AMAM, and KRTX Investors to Contact Law Firm

Retrieved on: 
Wednesday, January 17, 2024
Bristol Myers Squibb, PLLC, Human, Insight Partners, Alteryx, Therapy, Johnson & Johnson, Security (finance)

NEW YORK, Jan. 17, 2024 (GLOBE NEWSWIRE) -- Kuehn Law, PLLC, a shareholder litigation law firm, is investigating potential claims related to the below-listed proposed mergers.

Key Points: 
  • NEW YORK, Jan. 17, 2024 (GLOBE NEWSWIRE) -- Kuehn Law, PLLC, a shareholder litigation law firm, is investigating potential claims related to the below-listed proposed mergers.
  • Kuehn Law may seek additional disclosures or other relief on behalf of the shareholders of these companies.
  • Per the merger agreement, Eagle Bulk shareholders will get 2.6211 Star Bulk shares for each Eagle share, valuing each Eagle share at about $52.60.
  • Concerned shareholders are encouraged to contact Justin Kuehn, Esq., at [email protected] or call (833) 672-0814.

Alteryx Appoints Kevin Rubin as Interim Chief Executive Officer

Retrieved on: 
Friday, January 26, 2024
Cloud, Insight Partners, CFO, Insight, AI, Interim, COVID-19, AYX, Management

IRVINE, Calif., Jan. 26, 2024 /PRNewswire/ -- Alteryx, Inc. (NYSE: AYX), the Analytics Cloud Platform company, today announced that its Board of Directors has appointed Kevin Rubin, the Company's Chief Financial Officer, to serve as Interim Chief Executive Officer.

Key Points: 
  • IRVINE, Calif., Jan. 26, 2024 /PRNewswire/ -- Alteryx, Inc. (NYSE: AYX), the Analytics Cloud Platform company, today announced that its Board of Directors has appointed Kevin Rubin, the Company's Chief Financial Officer, to serve as Interim Chief Executive Officer.
  • Rubin succeeds Mark Anderson, who has stepped down as CEO and from the Board of Directors to pursue other professional opportunities.
  • "I am pleased to serve as Interim CEO as we continue to build on our strong foundation and capitalize on the momentum in the business," said Rubin.
  • With the support of the Company's finance organization, Rubin will continue to serve as Chief Financial Officer while serving as Interim CEO.

SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates FGH, RAIN, PGTI, AYX

Retrieved on: 
Friday, January 5, 2024
Insight Partners, Alteryx, Sale, PGT, Fraud, FG, Advertising, Masonite International, Security (finance)

If you are an FG Group shareholder, click here to learn more about your rights and options .

Key Points: 
  • If you are an FG Group shareholder, click here to learn more about your rights and options .
  • If you are a Rain shareholder, click here to learn more about your rights and options .
  • Please call Daniel Sadeh or Zachary Halper at (212) 763-0060 or email [email protected] or [email protected] .
  • Halper Sadeh LLC represents investors all over the world who have fallen victim to securities fraud and corporate misconduct.