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Altair Monarch vs Alteryx comparison

 

Comparison Buyer's Guide

Executive Summary

Review summaries and opinions

We asked business professionals to review the solutions they use. Here are some excerpts of what they said:
 

Categories and Ranking

Altair Monarch
Ranking in Data Preparation Tools
4th
Average Rating
9.6
Reviews Sentiment
8.4
Number of Reviews
2
Ranking in other categories
No ranking in other categories
Alteryx
Ranking in Data Preparation Tools
1st
Average Rating
8.4
Reviews Sentiment
7.0
Number of Reviews
82
Ranking in other categories
Predictive Analytics (1st), Data Science Platforms (5th)
 

Mindshare comparison

As of June 2025, in the Data Preparation Tools category, the mindshare of Altair Monarch is 10.4%, up from 9.0% compared to the previous year. The mindshare of Alteryx is 26.8%, down from 34.1% compared to the previous year. It is calculated based on PeerSpot user engagement data.
Data Preparation Tools
 

Featured Reviews

LS
Transformed document processing has become foolproof with seamless data extraction
Altair Monarch ( /products/altair-monarch-reviews ) is valuable because it allows a one-time setup for data extraction, making the process extremely easy with just a few clicks to get the output. It is foolproof and ensures perfect extraction as long as the models and templates remain standard, providing a seamless and error-free experience.
Theresa McLaughlin - PeerSpot reviewer
Quick development enables seamless data processing despite occasional support issues
There were times when the product would fail during development without an apparent reason. The support structure changed; initially, we received great support, however, it later became less reliable due to licensing issues and a tiered support system. Licensing negotiations were problematic, affecting our product usage. For instance, our licenses were temporarily lost during negotiations when an agreement couldn't be reached.

Quotes from Members

We asked business professionals to review the solutions they use. Here are some excerpts of what they said:
 

Pros

"Monarch lets you quickly extract in your preferred format."
"Altair Monarch is valuable because it allows a one-time setup for data extraction, making the process extremely easy with just a few clicks to get the output."
"The most valuable feature of Alteryx is the intelligence suite."
"Alteryx's connectivity is essential. We like the ability to connect the solution to multiple sources. It's easier than other data modeling and extraction solutions. It's built on a self-service concept, so it's easy for anyone to open the tool and directly import or export data from it."
"It is one of the most complete and great customer service that I experienced with a software company/ecosystem."
"The most valuable feature of Alteryx is its performance. It is a powerful solution."
"The ease-of-use allows non-technical business users to directly create their own solutions without the use of additional development resources."
"The tools are built-in. You just plug and play, drag and drop, once you understand how to use the tools, it is easy."
"Once we got it in-house, I knew its value."
"Shortens the time required to start analyzing data and looking for insights, minimizing the tasks that do not add value to the business and maximizing the analysis phase."
 

Cons

"I rate Altair Monarch seven out of 10 for affordability. Recently, the pricing model changed from end-user licensing to a concurrent licensing model."
"The scalability worries me a lot at the moment because the cost of the solution is high and it is not growing considerably. Unfortunately, we started during early COVID times and because of the economic downturn, all the cost cuttings, and everything, it is not growing as expected."
"Licensing negotiations were problematic, affecting our product usage."
"I'd like to see more artificial intelligence business tools or features in Alteryx."
"More statistics tools: We can use to compare SPSS statistics with some automated advisory."
"Alteryx is just as complicated as coding, in my opinion."
"There are no ready models to use in analytics."
"The event handling, such that the file system watcher, is in need of improvement."
"We are hoping that the NLP features will also support Chinese characters."
 

Pricing and Cost Advice

Information not available
"It's very expensive. I'd rate it a four out of ten in terms of the price. It's great for big companies but not for small companies."
"The license price of the solution is expensive."
"While it offers extensive features, including predictive analytics, for those who mainly use it for data preparation and blending, the cost can be prohibitive."
"The seat is too expensive."
"Its price should be lower. The key thing that we see is that talking about ROI is an important element at the time of purchase. Cost becomes a factor in every discussion. Justifying the ROI for these kinds of workflows is always a challenge, and the only way to counter the challenge is by addressing the pricing."
"It is $4,000 a year, so it is cheap versus other solutions. It also accomplishes three times the volume on the job in the same time (as the other solutions).​"
"The solution has a more costly license than other tools in the market."
"ROI is huge. There are some secondary benefits, like analysts getting their post 5 PM time back or the ability to shorten all closing processes to a half or less."
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Top Industries

By visitors reading reviews
Financial Services Firm
23%
Retailer
14%
Manufacturing Company
12%
Government
8%
Financial Services Firm
24%
Computer Software Company
10%
Manufacturing Company
9%
Healthcare Company
5%
 

Company Size

By reviewers
Large Enterprise
Midsize Enterprise
Small Business
No data available
 

Questions from the Community

What is your experience regarding pricing and costs for Altair Monarch?
I was not involved in pricing, but I did not encounter any issues with renewals, and the process was always smooth and straightforward.
What is your primary use case for Altair Monarch?
The primary use case of Altair Monarch ( /products/altair-monarch-reviews ) was data extraction. I used it to process a lot of documents and data from Notepad and PDFs, converting those into struct...
What advice do you have for others considering Altair Monarch?
The support team is diligent, following up thoroughly and setting up calls promptly when a ticket is raised. It is beneficial for any assistance needed. The overall rating for Altair Monarch is ten...
What is the Biggest Difference Between Alteryx and IBM SPSS Modeler?
One of the differences is that with Alteryx you can use it as an ETL and analytics tool. Please connect with me directly if you want to know more.
What is the Biggest Difference Between Alteryx and IBM SPSS Modeler?
Alteryx is an extremely easy and flexible data tool, flexible in terms of drag and drop toolset and also has python, R integrations if your team requires this. It can handle over 2 billion rows of...
What is the Biggest Difference Between Alteryx and IBM SPSS Modeler?
I am not familiar with IBM SPSS Modeler, therefore, I cannot compare these two products. Regarding Alteryx I can say the following: - An excellent desktop tool for Data Prep and analytics. - Featu...
 

Comparisons

 

Also Known As

Monarch Data Pump
No data available
 

Overview

 

Sample Customers

MasterCard
AnalyticsIq Inc., belk, BloominBrands Inc., Cardinalhealth, Cineplex, Dairy Queen
Find out what your peers are saying about Altair Monarch vs. Alteryx and other solutions. Updated: June 2025.
856,873 professionals have used our research since 2012.