Incorta Inc. today introduced a set of new features for its data analytics platform that will enable companies extract useful insights more easily from their business information.

San Mateo, California-based Incorta is backed by more than $190 million in funding from investors such as Alphabet Inc.’s GV fund. The startup provides a cloud-based platform that promises to reduce the amount of time required to turn business data into insights. According to Incorta, its platform enables companies to complete analytics projects that would otherwise take weeks or months in a few days.

As part of its feature set, the startup provides a collection of so-called data applications. An Incorta data application is a bundle of software components designed to speed up analytics initiatives by reducing manual work for users. The components in the bundle include, among others, software workflows for answering common business questions and schemas, code snippets used to organize information in a form that lends itself well to analysis.

As part of today’s update, Incorta is extending its platform with several new data applications. They’re designed to ease the task of analyzing records stored in business applications from Oracle Corp., Workday Inc. and SAP SE.

The first set of data applications focuses on helping users analyze workforce data stored in Workday’s namesake cloud platform, as well as Oracle’s EBS and Cloud ERP offerings. Workday is used by enterprises to coordinate their human resource management efforts and perform related tasks. Oracle’s EBS offering is a suite of business applications with built-in HR features, while Cloud ERP is the company’s cloud-based enterprise resource planning platform.

According to Incorta, organizations can use its new data applications to track their headcount, employee retention rate and other high-level metrics. The data applications make it possible to answer more granular questions as well, such as how worker turnover changes from quarter to quarter. Users can also turn the information into reports using a collection of built-in report templates.

The other new data applications that Incorta debuted today are designed for supply chain and finance teams. According to Incorta, supply chain professionals can use the applications to track metrics such as merchandise shipping times. Finance teams, in turn, can measure how much revenue is generated by each merchandise category and track other business metrics.

Alongside the data applications, Incorta today made its Component SDK generally available. Introduced last November, the Component SDK enables companies to extend the startup’s platform by adding custom data visualizations. Visualizations can be created with the JavaScript programming language, which is considered relatively easy to use.

“Incorta makes it 100 times easier for IT teams to solve for data access and self-service, with agility, scalability and security,” said Incorta Chief Executive Officer Scott Jones. “And now, our expanding marketplace of data applications and custom components further shortens the distance between data and insights for our customers.”

Today’s product updates come about a year after Incorta closed its most recent $120 million funding round. The round included the participation of Prysm Capital, Alphabet’s GV fund, Microsoft Corp.’s M12 startup investment fund and several others. 

Image: Incorta

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