London tech startup Workscope has been backed by a strategic investment from analytics cloud platform Alteryx.
Alteryx, listed on the New York Stock Exchange, will look to strengthen Workscope’s capabilities in enabling enterprise governance and digital transformation while growing its presence in key markets and developing its partner ecosystem.
Workscope’s automated platform provides a 360-degree view over processes utilising end-user developed applications. With real-time organisational insights, companies can pinpoint and fix hidden risks, strengthen data governance, and determine the highest value automation and process improvement opportunities.
Workscope uncovers waste in repetitive spreadsheet-based tasks, enabling companies to eliminate corporate inefficiency and adopt cloud and automated analytics platforms faster.
“As regulatory expectations for data governance intensify and companies seek to expedite digital transformation, Workscope is uniquely positioned to help companies overcome data fragmentation and spreadsheet sprawl in favour of automated analytics,” said Omar Quraishi, CEO, Workscope.
“We are proud to have Alteryx as an investor, and we have exciting plans to advance our capabilities.”
Jay Henderson, SVP of product management at Alteryx, said: “We are eager to collaborate with Workscope to help companies enable responsible self-service analytics, strengthen process governance, and identify more opportunities for leveraging the power of Alteryx within digital transformation initiatives.
“The Workscope platform will be valuable for organisations looking to accelerate insights across their complex data landscape and increase productivity.”