Altair Monarch vs Alteryx comparison

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Altair Logo
278 views|209 comparisons
100% willing to recommend
Alteryx Logo
2,418 views|1,448 comparisons
88% willing to recommend
Comparison Buyer's Guide
Executive Summary

We performed a comparison between Altair Monarch and Alteryx based on real PeerSpot user reviews.

Find out what your peers are saying about Alteryx, SAS, Quest Software and others in Data Preparation Tools.
To learn more, read our detailed Data Preparation Tools Report (Updated: March 2024).
767,319 professionals have used our research since 2012.
Featured Review
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."

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"It is efficient in optimizing our ability to get information.""This is a drag-and-drop tool which is easy-to-use and yet can be customized by creating your own components.""It has everything that one needs. Whatever you want to do with the data can be done with Alteryx.""The value add of Alteryx is the agility for making changes, and speed of deployment.""The drag-and-drop features are useful for data scientists who do not like to code because it is already in the system.""The most valuable feature for me is integration.""The most valuable feature of Alteryx is user-friendliness.""The most valuable feature of this solution is data preparation."

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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."

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"The workflow and pipeline need to improve.""More statistics tools: We can use to compare SPSS statistics with some automated advisory.""Its most valuable feature lies in its functionality.""There's a big jump in terms of pricing between license tiers. I'm not sure I understand why the price jumps are so high.""We are hoping that the NLP features will also support Chinese characters.""The solution can be made more affordable.""The event handling, such that the file system watcher, is in need of improvement.""It would be great if Alteryx could take third party tools and incorporate them."

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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."
  • "​Very transparent.​"
  • "The seat is too expensive."
  • "It can be a bit pricey, especially after the first year."
  • "The pricing is $5000 per year per production license."
  • "We have a yearly cost that we pay for the licensing. We do not pay any costs in addition to the licensing fees."
  • "There are some implementation services and internal effort costs at the beginning but there is nothing else."
  • "The price for Alteryx Designer is reasonable but the price for Alteryx Server for universal collaborations is too expensive."
  • More Alteryx Pricing and Cost Advice →

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    Questions from the Community
    Top Answer:Monarch lets you quickly extract in your preferred format.
    Top Answer:I rate Altair Monarch seven out of 10 for affordability. Recently, the pricing model changed from end-user licensing to a concurrent licensing model.
    Top Answer:We use Monarch for account reconciliation. We have several accounts from last year that carry over into this year, so we do reconciliation to see if there are any outliers compared to last year and if… more »
    Top Answer: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.
    Top Answer: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… more »
    Top Answer: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. -… more »
    Ranking
    4th
    Views
    278
    Comparisons
    209
    Reviews
    1
    Average Words per Review
    265
    Rating
    9.0
    1st
    Views
    2,418
    Comparisons
    1,448
    Reviews
    29
    Average Words per Review
    513
    Rating
    8.3
    Comparisons
    Also Known As
    Monarch Data Pump
    Learn More
    Overview

    Datawatch Monarch is an application that runs on your Windows desktop and as soon as you drop a file or web page onto the canvas it automatically begins to extract into analytics-ready rows and columns. You can also connect to all major relational, big data, and over 30 other sources, but often the most important information you need is locked away in existing reports or difficult sources that seem impossible to use without re-keying the data.

    Alteryx can be used to speed up or automate your business processes and enables geospatial and predictive solutions. Its platform helps organizations answer business questions quickly and efficiently, and can be used as a major building block in a digital transformation or automation initiative. With Alteryx, you can build processes in a more efficient, repeatable, and less error-prone way. Unlike other tools, Alteryx is easy to use without an IT background. The platform is very robust and can be used in virtually any industry or functional area.

    With Alteryx You Can:

    • Prep, blend, and analyze data
    • Deliver faster, better business outcomes
    • Automate analytics and data science
    • Embed intelligent decisioning
    • Deploy and share analytics in hours

    Alteryx Features Include:

    Some of the most valuable Alteryx features include:

    Scalability, stability, flexibility, fast performance, no-code analytics, data processing, business logic wrapping, scheduling, ease of use, data blending from different platforms, geo-referencing, good customization capabilities, drag and drop functionality, intuitive user interface, connectors, machine learning, macros, simple GUI, integration with Python, good data transformation, good documentation, multiple database merging, and easy deployment.

    Alteryx Can Be Used For:

    • Combining and manipulating data within spreadsheets: Alteryx can be used in situations where complex data manipulation occurs. It can handle large data quickly, and the process is much simpler to see and understand.

    • Database access and supplementing SQL development: Alteryx has several sets of database connectors and functions, including many functions that your average database does not. Alteryx can work with data from multiple databases or areas within a database. It allows users to filter, sort, calculate, etc. as they would commonly do in SQL or an ETL tool.
    • API, cloud, and hybrid access: Alteryx can read and write data in databases, files, REST APIs, and a myriad of other locations (with the correct permissions). When a workflow is published, you can also call a workflow through a REST API to start it.

    • Data science: Alteryx provides pre-built models that are extremely useful for data scientists who may have limited programming skills and also gives you the ability to add R or Python code directly within a workflow.

    • Geospatial analysis: Alteryx gives users drag-and-drop tools to geocode, plot, and map locations, customers, competitors, or anything that has a location (employee, truck, pipeline, etc.).

    • Reports and dashboards: Alteryx provides built-in tools that enable the building of reports and dashboards.

    Alteryx Benefits

    Some of the benefits of using Alteryx include
    :

    • Saves time: Alteryx helps shorten 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.

    • Clear tool configurations: Alteryx provides simple and concise tool configurations that are quick and easy to set.

    • Excellent workflow compatibility.

    • Reduced development time: Alteryx has an extensive gallery of user-developed analytic applications that helps to reduce development time.

    • Fast data loading: Alteryx has tools that make it very effective when working with big data sets.

    • No-code, low-code analytic building blocks: You can prep, blend, and analyze data to enable highly configurable and repeatable workflows.

    • Machine learning: Alteryx allows you to quickly create properly trained algorithms that are ready to deploy.

    Reviews from Real Users

    "Automation is the most valuable aspect for us. The ability to wrap business logic around the data is very helpful." - Theresa M., Senior Capacity Planner at a financial services firm

    "Alteryx has made us more agile and increased the speed and effectiveness of decision making." - Richard F., Director, Digital Experience & Media at Qdoba Restaurant Corporation

    "The scheduling feature for the automation is excellent." - Data Analytics Engineer at a tech services company

    "The product is very stable and super fast, five-star. It's significantly more stable than its nearest competitor." - Director at a non-tech company

    “A complete solution with very good user experience and a nice user interface.” - Solutions Consultant at a tech services company

    "There are a lot of good customization capabilities." - Advance Analytics PO at a pharma/biotech company





    Sample Customers
    MasterCard
    AnalyticsIq Inc., belk, BloominBrands Inc., Cardinalhealth, Cineplex, Dairy Queen
    Top Industries
    VISITORS READING REVIEWS
    Financial Services Firm31%
    Manufacturing Company9%
    Government8%
    Retailer8%
    REVIEWERS
    Computer Software Company15%
    Manufacturing Company11%
    Financial Services Firm11%
    Energy/Utilities Company9%
    VISITORS READING REVIEWS
    Financial Services Firm22%
    Manufacturing Company10%
    Computer Software Company9%
    Retailer6%
    Company Size
    VISITORS READING REVIEWS
    Small Business12%
    Midsize Enterprise7%
    Large Enterprise82%
    REVIEWERS
    Small Business33%
    Midsize Enterprise15%
    Large Enterprise52%
    VISITORS READING REVIEWS
    Small Business16%
    Midsize Enterprise10%
    Large Enterprise74%
    Buyer's Guide
    Data Preparation Tools
    March 2024
    Find out what your peers are saying about Alteryx, SAS, Quest Software and others in Data Preparation Tools. Updated: March 2024.
    767,319 professionals have used our research since 2012.

    Altair Monarch is ranked 4th in Data Preparation Tools with 1 review while Alteryx is ranked 1st in Data Preparation Tools with 74 reviews. Altair Monarch is rated 9.0, while Alteryx is rated 8.4. The top reviewer of Altair Monarch writes "In 10 minutes, I can do work that would take me two or three hours in another solution. ". On the other hand, the top reviewer of Alteryx writes "Feature-rich ETL that condenses a number of functions into one tool". Altair Monarch is most compared with SAS Enterprise Guide and ETL Solutions Transformation Manager, whereas Alteryx is most compared with KNIME, Databricks, Dataiku Data Science Studio, RapidMiner and Qlik Sense.

    See our list of best Data Preparation Tools vendors.

    We monitor all Data Preparation Tools reviews to prevent fraudulent reviews and keep review quality high. We do not post reviews by company employees or direct competitors. We validate each review for authenticity via cross-reference with LinkedIn, and personal follow-up with the reviewer when necessary.