Splunk Inc vs Alteryx Inc: Which is the Better Pick for Data Science Stock?

Data science
Data science

Investors are willing to invest in the best data science stock to benefit from it in the coming days

Data is the new gold as big tech is emerging as the latest trend these days. While coming to data science and data analytics, they are the bedrock of modern tech society. According to the latest survey, the global data science market size is likely to grow from US$138.9 billion in 2020 to US$229.4 billion by 2025, growing at a CAGR of 10.6% during this period. This is how data science is going to evolve in the coming years. And so many investors are willing to invest in the top data science stocks to benefit from those in the coming days. This article compares the two data science stocks Splunk Inc and Alteryx.

The company offers Splunk Platform, a real-time data platform comprising collection, streaming, indexing, search, reporting, analysis, machine learning, alerting, monitoring, and data management capabilities. It also provides Splunk Solutions, such as Splunk Security solutions that enable cybersecurity teams to streamline the security operations workflow, accelerate threat detection and response, enhance threat visibility, and scale resources to increase analyst productivity through machine learning and automation, etc. It sells its offerings directly through a field and inside sales, and indirectly through various routes to market with various partners. Its current data science stock is US$108.50, a 6.37% increase from the previous close.

Alteryx, Inc. provides an end-to-end analytics platform for data analysts and scientists worldwide. Its analytic process automation software platform includes Alteryx Designer, a data profiling, preparation, blending, and analytics product used to create visual workflows or analytic processes; Alteryx Server, a server-based product for scheduling, sharing, and running analytic processes and applications in a Web-based environment; Alteryx Connect, a collaborative data exploration platform for discovering information assets and sharing recommendations across the enterprise; and Alteryx Promote, an analytics model management product for data scientists and analytics teams to build, manage, monitor, and deploy predictive models into real-time production applications. Its current data science stock is US$57.69, a 4.89% increase from the previous close.

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