The world is awash in data and Alteryx ( AYX ) helps its clients navigate the ocean of information that awaits them. And because the planet’s information crush continues to grow at a blistering pace, it means AYX stock is cruising. The amount of data created this year is expected to reach 120 zettabytes — with 1 zettabyte equal to 1 trillion gigabytes — according to Statista. This Big Data explosion fuels a booming market for data analytics software, providing Alteryx with a large field of opportunity to mine. Based in Irvine, Calif., Alteryx provides a cloud-based data analytics platform that helps businesses boost their performance. They can quickly prepare, blend and analyze data from a multitude of sources, which is critical now since data creation is growing at exponential rates. Meanwhile, the application of data analytics affects organizations across practically every industry, giving Alteryx broad market potential. AYX Stock: 73% Jump In Revenue Research firm International Data Corp., in a global survey, found that 72% of organizations believe analytics investments will outpace all other software investments in 2023. It’s all helped both the top and bottom lines for Alteryx. Last month, the company reported fourth-quarter results that showed […]
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
