Alteryx today announced it is expanding its footprint in the Middle East and Africa (MEA) with the opening of its new office in Dubai. Located in Dubai Internet City, the Alteryx MEA office was officially opened by Dean Stoecker, chairman and CEO of Alteryx, who welcomed more than 250 executives at the launch event held at the V hotel, Al Habtoor.
As a part of its investment in the region and continued global expansion, the new office will further supportthe success of current and prospective customers as they evolve their data analytic requirements as part of their digital transformation initiatives. Alteryx recently reported 96 percent year-over-year (YoY) growth in international markets for the full year 2018, which accounted for 29 percent of overall revenue as of Dec. 31, 2018.
Speaking on the occasion, Abboud Ghanem, regional vice president, Middle East and Africa at Alteryx commented, “We are seeing a surge of interest in advanced data analytics within the Middle East and Africa with government-backed programs, such as Smart Dubai, a city-wide initiative to transform Dubai into the world’s smartest and happiest city. Successful digital transformation is dependent on enabling collaboration between all data workers both within and across organizations. With the opening of our Dubai office, we look forward to better supporting local customers and partners as they Alteryx their data into actionable insights.”
The company has a proven track record of working with MEA brands, including the Abu Dhabi Islamic Bank, Al Futtaim Private Company and Dubai Electricity, and Water Authority in the UAE (DEWA). These organizations are already gaining knowledge from data by enabling data producers to analyze for insights and make data-driven decisions.
Although many struggle with turning that data into actionable insights that drive business results, IDC reports spending on business intelligence (BI) and analytics software in the United Arab Emirates (UAE) is set to reach $42.24 million this year. The firm also reports finance and government sectors continue to be the biggest spenders with healthcare, utilities and retail being amongst the fastest growing vertical markets over the forecast period of 2018-2022. This reflects a growing demand for analyzing large volumes of granular data that is helping to reinvent industries across the MEA region as they take advantage of the collected data in today’s digital economy. This trend is also in line with the UAE Vision 2021’s strategic objective of creating a smart, innovation-driven and knowledge-based economy.
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