Altair Panopticon vs OpenText Magellan BI & Reporting comparison

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Executive Summary

We performed a comparison between Altair Panopticon and OpenText Magellan BI & Reporting based on real PeerSpot user reviews.

Find out what your peers are saying about Tableau, Qlik, Splunk and others in Data Visualization.
To learn more, read our detailed Data Visualization Report (Updated: April 2024).
768,246 professionals have used our research since 2012.
Featured Review
Ranking
31st
out of 70 in Data Visualization
Views
224
Comparisons
191
Reviews
0
Average Words per Review
0
Rating
N/A
27th
out of 70 in Data Visualization
Views
302
Comparisons
229
Reviews
0
Average Words per Review
0
Rating
N/A
Buyer's Guide
Data Visualization
April 2024
Find out what your peers are saying about Tableau, Qlik, Splunk and others in Data Visualization. Updated: April 2024.
768,246 professionals have used our research since 2012.
Comparisons
Also Known As
Datawatch Panopticon
OpenText Magellan Analytics Suite, BIRT iHub Visualization Platform, OpenText Actuate Information Hub
Learn More
Overview

Comprehensive streaming processing and visualization of real-time operational, trading, and market data

Delays in decision-making are costly in real-time businesses like electronic trading of equities, fixed income, FX, futures, or commodities, as well as other time-critical industries like telecommunications, energy, manufacturing, and logistics.

Waiting for end-of-day reports means you’re likely to miss profitable opportunities, or fail to respond to threats to regulatory compliance or profitability until it’s much too late.

Panopticon lets business users — the people closest to the action — build, modify, and deploy sophisticated streaming analytics and data visualization applications using a fully drag-and-drop interface. They can connect to virtually any data source, including real-time streaming feeds and time series databases, develop complex stream processing programs, and design visual user interfaces that give them the perspectives they need to make insightful, fully-informed decisions based on massive amounts of fast-changing data.

It’s no wonder that seven of the world’s top ten banks use Panopticon to monitor and analyze real-time trading and market data.

Data is the most abundant and precious resource in an enterprise. It comes in all forms and is complex to merge, relate and analyze. Data analytics extract meaning from that data for business gain or productivity, often sharing those insights through analytics dashboards or analytics reports.

With organizations generating billions of terabytes of data a year, big data analytics techniques are the only way to understand and uncover value from today’s scale of data.

The best big data analytics tools must be able to process both structured and unstructured data such as text, documents, emails and other data stored in enterprise information management systems. They go further than reporting on historic performance, enabling companies to prescribe better actions through predictive analytics. These data analysis tools are often referred to as advanced analytics solutions, such as OpenText™ Magellan Analytics Suite, and are quickly becoming the preferred choice for enterprise analytics.

Sample Customers
BlackRock, Nasdaq, Citadel, Citi, Imagine Software, Deutsche Bank, FIS, HSBC, Morgan Stanley
Sasktel, NSBSL
Top Industries
VISITORS READING REVIEWS
Financial Services Firm39%
Marketing Services Firm8%
Computer Software Company8%
Comms Service Provider6%
VISITORS READING REVIEWS
Computer Software Company24%
Financial Services Firm16%
University10%
Energy/Utilities Company7%
Company Size
VISITORS READING REVIEWS
Small Business26%
Midsize Enterprise7%
Large Enterprise67%
VISITORS READING REVIEWS
Small Business19%
Midsize Enterprise13%
Large Enterprise69%
Buyer's Guide
Data Visualization
April 2024
Find out what your peers are saying about Tableau, Qlik, Splunk and others in Data Visualization. Updated: April 2024.
768,246 professionals have used our research since 2012.

Altair Panopticon is ranked 31st in Data Visualization while OpenText Magellan BI & Reporting is ranked 27th in Data Visualization. Altair Panopticon is rated 0.0, while OpenText Magellan BI & Reporting is rated 8.0. On the other hand, the top reviewer of OpenText Magellan BI & Reporting writes "The Briefing Book feature enables measures to be filtered and viewed based on different criteria by end users". Altair Panopticon is most compared with Tableau, whereas OpenText Magellan BI & Reporting is most compared with Microsoft Power BI, Databricks, Windward Core and Tableau.

See our list of best Data Visualization vendors.

We monitor all Data Visualization 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.