Integration enables Alteryx customers to gain
unparalleled insight into unstructured data sources
Veritone, Inc. (Nasdaq: VERI), the creator of the world’s first
operating system for artificial intelligence, aiWARE™, today
announced a strategic relationship with Alteryx, Inc. (NYSE: AYX),
a leader in analytic process automation (APA), to deliver
AI-powered insights into unstructured data sources, including
video, images, audio and text, to Alteryx customers.
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Veritone joins Alteryx’s Partner Alliances program, integrating
aiWARE with the Alteryx platform to help Alteryx customers
transform unstructured data into actionable intelligence and
valuable insights. With over 80% of the world’s data unstructured
and growing 30-60% per year according to Gartner, this integration
adds a significant number of potential use cases and applications
for Alteryx customers to unlock unstructured data insights.
Veritone’s AI tools for ingesting data, running AI jobs and
returning results are now available for download from the Alteryx
Gallery and subsequently used within the Alteryx Desktop
application. With these tools, Alteryx users are able to harness
the power of the aiWARE operating system, which makes available
hundreds of ready-to-deploy AI engines and allows for rapid
AI-enabled analytics. The integration democratizes AI by making the
power of unstructured data insight available to every Alteryx
user.
For Alteryx, the partnership further enhances its capabilities
to gain meaningful insight from massive volumes of unstructured
data. For Veritone, the partnership expands the reach of its
proprietary aiWARE operating system to thousands of Alteryx
customers.
“It is increasingly clear that the unification of analytics,
data science and integrated process automation is essential in
delivering powerful business outcomes for organizations and AI is a
critical part in automating these processes,” said Nitin
Brahmankar, vice president, strategic partnerships at Alteryx.
“This partnership with Veritone will enable our customers to
quickly transform disparate, unstructured data into actionable
intelligence and valuable AI-powered insights for quick business
wins.”
The aiWARE platform processes the equivalent of over four years
of unstructured video and audio-based data every day. With this
platform, Alteryx customers can easily access hundreds of supported
AI models enabling audio analytics, including transcription and
speaker recognition; machine vision and biometrics, including face
recognition, object detection, logo detection and text recognition;
and text analytics, including language identification, translation,
entity extraction, text extraction, translation and sentiment
analysis.
“Through our new relationship with Alteryx, more organizations
can now leverage the revolutionary power of AI for both large
strategic initiatives as well as in their day to day operations,”
said Chad Steelberg, CEO of Veritone. “Veritone aiWARE’s unique
capabilities for video and audio extraction open the door for many
new and innovative use cases for Alteryx customers, providing new
insights that will strengthen and transform their businesses.”
With Veritone aiWARE, Alteryx customers can take advantage of
AI-powered video, image, audio and text extraction across a number
of industries, including:
- Insurance companies for in-depth claims analysis of
call, image and video evidence to detect policy risk and fraud,
leveraging behavioral patterns and transaction histories
- Retail banks and credit unions for using text analytics
of customer communications for greater customer insight and the
ability to offer relevant products and services, assess risk and
improve customer experience across channels
- Healthcare providers for extraction of insight from
image scan test results for a more complete view of patient health
history
- Oil and gas companies for analyzing satellite video and
images to make more informed exploration decisions for drilling and
bidding
- Retailers for video insight and analysis of customer and
employee traffic patterns and detection of theft
- Federal government agencies for analyzing intelligence
fused from thousands of sensors on vehicles, drones, personnel and
other locations for improved situational awareness and more
informed decision making
- State and local government agencies for extracting
valuable insights from large quantities of smart city sensors,
including street and municipal vehicle cameras, traffic and roadway
sensors, green building and environmental sensors and more
- Law enforcement for improving transparency of law
enforcement actions through analysis of officer and witness video
evidence, including the automatic identification of potential
officer misconduct, and matching of records in regional known
offender databases to expedite suspect identification
- Energy for data analysis around predictive optimization,
synchronization and control of distributed clean energy
sources
- Contact centers for call transcription, translation, and
sentiment and intent analysis to gain additional customer insight
around potential upsell opportunity and churn risk
To download a free trial of aiWARE Tools for Alteryx, visit
Veritone aiWARE Tools for Alteryx. For
more information about aiWARE and Veritone’s artificial
intelligence solutions, visit veritone.com. To learn more about
Alteryx, visit alteryx.com.
About Veritone
Veritone (NASDAQ: VERI) is a leading provider of artificial
intelligence (AI) technology and solutions. The company’s
proprietary operating system, aiWARE™, powers a diverse set of AI
applications and intelligent process automation solutions that are
transforming both commercial and government organizations. aiWARE
orchestrates an expanding ecosystem of machine learning models to
transform audio, video, and other data sources into actionable
intelligence. The company’s AI developer tools enable its customers
and partners to easily develop and deploy custom applications that
leverage the power of AI to dramatically improve operational
efficiency and unlock untapped opportunities. Veritone is
headquartered in Costa Mesa, California, and has offices in Denver,
London, New York and San Diego. To learn more, visit
Veritone.com.
About Alteryx, Inc.
As a leader in analytic process automation (APA), Alteryx
unifies analytics, data science and business process automation in
one, end-to-end platform to accelerate digital transformation.
Organizations of all sizes, all over the world, rely on the Alteryx
Analytic Process Automation Platform to deliver high-impact
business outcomes and the rapid upskilling of their modern
workforce. For more information visit www.alteryx.com.
Alteryx is a registered trademark of Alteryx, Inc. All other
product and brand names may be trademarks or registered trademarks
of their respective owners.
Safe Harbor Statement
This news release contains forward-looking statements, including
without limitation statements regarding the integration of
Veritone’s aiWARE operating system and related AI capabilities with
the Alteryx platform and the expected benefits of such integration
to Alteryx customers. Without limiting the generality of the
foregoing, words such as “may,” “will,” “expect,” “believe,”
“anticipate,” “intend,” “could,” “estimate” or “continue” or the
negative or other variations thereof or comparable terminology are
intended to identify forward-looking statements. In addition, any
statements that refer to expectations, projections or other
characterizations of future events or circumstances are
forward-looking statements. Assumptions relating to the foregoing
involve judgments and risks with respect to various matters which
are difficult or impossible to predict accurately and many of which
are beyond the control of Veritone. Certain of such judgments and
risks are discussed in Veritone’s SEC filings. Although Veritone
believes that the assumptions underlying the forward-looking
statements are reasonable, any of the assumptions could prove
inaccurate and, therefore, there can be no assurance that the
results contemplated in forward-looking statements will be
realized. In light of the significant uncertainties inherent in the
forward-looking information included herein, the inclusion of such
information should not be regarded as a representation by Veritone
or any other person that their objectives or plans will be
achieved. Veritone undertakes no obligation to revise the
forward-looking statements contained herein to reflect events or
circumstances after the date hereof or to reflect the occurrence of
unanticipated events.
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version on businesswire.com: https://www.businesswire.com/news/home/20210111005124/en/
Veritone Allison Zullo Walker Sands, for Veritone
veritone@walkersands.com 330-554-5965 Alteryx, Inc. Rachel
Shatz rshatz@alteryx.com
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