Forbes

HOW TO PLAY IT

- By Jon D. Markman Jon D. Markman is president of Markman Capital Insight.

Another great way to play the rise of enterprise level data analytics represente­d by Alteryx is Appian Corp.

The Virginia software company developed a leading low-code platform that allows non-coders to quickly build applicatio­ns to automate workflows in a method similar to drawing a flowchart. Speed is important. Managers claim an Appian license can pay for itself in as little as seven months. Secondquar­ter results showed subscripti­on revenue grew 41% year over year. Total revenue jumped 12% to $66.9 million, and management raised year-end guidance. Shares are up 130% in 2019, but there is room to run as companies rush to make better use of data.

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