Alteryx Completes Acquisition of Trifacta

StartUp City | Wednesday, December 15, 2021

Fremont, CA: Alteryx, the Analytics Automation company, has completed its acquisition of Trifacta, a San Francisco-based company that provides cloud-first capabilities to help enterprises drive their analytics transformation at scale 

Trifacta has established a strong presence among the Global 2000 and large corporations. Alteryx will be uniquely positioned to offer large enterprises an integrated end-to-end, low code/no code analytics automation platform in the cloud, serving the requirements of the entire enterprise, including data analytics teams, IT/data engineering teams, and business users, as a result of the acquisition.

"Trifacta brings game-changing integration with cloud data warehouses like Snowflake and purpose-built architecture for all three major public cloud providers, Amazon Web Services, Google Cloud Platform and Microsoft Azure," remarked Mark Anderson, CEO of Alteryx. "These capabilities will anchor and accelerate Alteryx's journey to the cloud by combining our industry leading analytics solution with Trifacta's cloud-native capabilities to offer unrivaled deployment options that meet the analytics needs of our customers."

Alteryx plans to integrate its premier low-code/no-code analytics solution with Trifacta's cloud-native capabilities to provide business customers with a variety of deployment options, including hybrid, on-premises, and cloud. Alteryx will also continue to invest in its Designer and Server products, allowing customers to deploy their analytic workloads on-premises, in the cloud, or in a hybrid environment.

"Long known for its self-service capabilities for automating data access, preparation, analytics and data science processes, Alteryx has been steadily enhancing and expanding its platform to make it even more accessible and attractive to a wider base of customers," commented David Menninger, senior vice president, and research director, Ventana Research. "The combination with Trifacta's cloud-native platform will help improve appeal to data engineers and IT teams, while adding important cloud-native capabilities to accelerate adoption of its new cloud-based product portfolio."

Weekly Brief