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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
83
Ranking in other categories
Predictive Analytics (1st), Data Science Platforms (5th)
 

Mindshare comparison

As of October 2025, in the Data Preparation Tools category, the mindshare of Altair Monarch is 8.6%, down from 11.5% compared to the previous year. The mindshare of Alteryx is 20.8%, down from 31.4% compared to the previous year. It is calculated based on PeerSpot user engagement data.
Data Preparation Tools Market Share Distribution
ProductMarket Share (%)
Alteryx20.8%
Altair Monarch8.6%
Other70.6%
Data Preparation Tools
 

Featured Reviews

LS
Transformed document processing has become foolproof with seamless data extraction
The primary use case of Altair Monarch was data extraction. I used it to process a lot of documents and data from Notepad and PDFs, converting those into structured data for basic analysis and reporting. It facilitated data preparation and data extraction effectively Altair Monarch is valuable…
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

"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."
"Monarch lets you quickly extract in your preferred format."
"I found Alteryx's ability to modify data on the fly, using in-memory processing, very useful."
"I have been pretty satisfied with Alteryx's data blending feature as it is quite easy to use as a non-code platform."
"Technical support is very helpful."
"I like that I can merge data from different sources into one place."
"One-stop shop for data preparation, blending, prediction, and optimization in a single workflow."
"I like the solution's velocity, the speed with which it processes data, and its ease of use."
"The product's most valuable features include its ease of use for non-technical users and machine learning capabilities."
"The support is very good."
 

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 solution can be quite complex in some aspects."
"When a process completes there is a notification, but the notification does not include the process's name."
"What they're struggling with is it's not as mature as Tableau in the user management area. It was tougher to manage the server part of it right away, especially since the user base has grown."
"The next feature release should include easier reporting."
"The formula we currently use in Alteryx can be automated."
"Sometimes workflows tend to queue up, and they tend to get canceled for some reason that we don't know sometimes."
"I think sometimes the solution doesn't load properly or takes so much time for the workflows. Though the workflow runs and completes the file in Excel, if you use the same formula, it's a bit slow. Also, the image processing is not so good because I tried to do some image processing and they were like, sometimes they put two to eight. In the document, it was two, but the OCR predicted it as eight."
"We are hoping that the NLP features will also support Chinese characters."
 

Pricing and Cost Advice

Information not available
"A designer and scheduler for $13K/year in total is pretty much earning you the money back in time and in other resources."
"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).​"
"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."
"It is an expensive solution."
"Alteryx is an expensive solution."
"Alteryx isn't extortionately expensive, but it's not cheap either."
"The desktop platform costs $5,000 per year. It's very costly."
"We have a yearly cost that we pay for the licensing. We do not pay any costs in addition to the licensing fees."
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Top Industries

By visitors reading reviews
Financial Services Firm
23%
Manufacturing Company
12%
Retailer
10%
Government
10%
Financial Services Firm
22%
Manufacturing Company
9%
Computer Software Company
8%
Retailer
6%
 

Company Size

By reviewers
Large Enterprise
Midsize Enterprise
Small Business
No data available
By reviewers
Company SizeCount
Small Business31
Midsize Enterprise15
Large Enterprise51
 

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: September 2025.
869,566 professionals have used our research since 2012.