Alteryx Announces Strategic Investment in Fiddler to Enhance Machine Learning Governance

Alteryx, a leading Analytics Cloud Platform company, has announced a strategic investment in Fiddler, a pioneer in Model Performance Management (MPM), to enhance Alteryx Machine Learning. With this investment from Alteryx Ventures, joint customers will be able to better operationalize how they build enterprise-level machine learning pipelines with increased governance. Fiddler, an MPM provider, offers advanced model monitoring and model governance capabilities. As Alteryx democratizes analytics for all employees across many of the world's largest and most complex enterprises, this investment in Fiddler will help customers establish stronger governance and ethical AI practices. Alteryx Machine Learning Vice President and General Manager, Asa Whillock, said, "Alteryx recognizes the importance of operationalizing machine learning to accelerate insights and time to value. With Fiddler, we aligned around a common vision of democratizing machine learning and managing the performance of machine learning models. We expect our customers will be able to transform ML predictions into consistently better business decisions at a faster pace." As organizations launch more ML models and AI applications into production, it is imperative to validate, monitor, and retrain in a continuous fashion. Fiddler CEO, Krishna Gade, said, "We are proud to partner with Alteryx to help customers connect model and AI performance to KPIs that drive better business outcomes and help build trust into AI." Alteryx Ventures invests in companies with innovative technology and services that complement Alteryx's analytics and data science products and encourage innovation within the analytics ecosystem. Alteryx's vision centers on enabling every person to achieve breakthrough outcomes from data through analytics automation, data science, and unprecedented ease of use. In summary, this investment in Fiddler by Alteryx is a significant step towards enhancing machine learning governance and ethical AI practices. As the world moves towards a more data-driven future, it is important to ensure that machine learning models are built with strong governance to prevent potential ethical concerns. Alteryx's continued commitment to democratizing analytics and machine learning will help drive innovation and better business outcomes for its customers.