Altair Panopticon vs Qlik Sense comparison

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224 views|191 comparisons
Qlik Logo
5,548 views|3,400 comparisons
96% willing to recommend
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Executive Summary

We performed a comparison between Altair Panopticon and Qlik Sense 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).
768,740 professionals have used our research since 2012.
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Pricing and Cost Advice
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  • "The solution is worth it."
  • "Understand the break over price point for switching to the Enterprise license."
  • "Licensing could be cheaper."
  • "Licensing: Review the named model and move towards a usage model (e.g., cores, memory, computers, API calls, etc.)."
  • "The cost is not bad considering the flexibility and support you receive from Qlik. I believe it is worth the cost."
  • "Start small with tokens. You can always buy more."
  • "Currently, our ROI is clear and concise decision-making. This timely addition will easily add $15 million to our bottom line in 2017."
  • "You will spend more time on educating your staff than licensing the product."
  • More Qlik Sense Pricing and Cost Advice →

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    Top Answer:It depends on the Data architecture and the complexity of your requirement Some great tools in the market are Qlik Sense, Power BI, OBIEE, Tableau, etc. I have recently started using Cognos… more »
    Top Answer:There are many...It would rather depend what System BI architecture or Enterprise legacy you have at your end...I would recommend as follows:  1) If you have legacies of SAP, Oracle  - look for SAP… more »
    Top Answer:The most valuable features of Qlik Sense are its speed and seamless development of web technologies.
    Ranking
    31st
    out of 70 in Data Visualization
    Views
    224
    Comparisons
    191
    Reviews
    0
    Average Words per Review
    0
    Rating
    N/A
    2nd
    out of 70 in Data Visualization
    Views
    5,548
    Comparisons
    3,400
    Reviews
    22
    Average Words per Review
    563
    Rating
    8.6
    Comparisons
    Also Known As
    Datawatch Panopticon
    QlikSense
    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.

    Qlik Sense is a visual analytics and business intelligence (BI) platform that gives users full control over their system’s data. From this platform they can control every aspect of their system data. It maximizes an organization’s ability to make decisions driven by their data.

    Benefits of Qlik Sense

    Some of the benefits of using Qlik Sense include:

    • Easily manipulate data: Qlik Sense allows users to easily combine and otherwise manipulate their system’s data. It allows them to create interactive visual representations of your datasets. The many different ways that the data can be represented offer many potential options for how to analyze the data. These choices enable users to easily gain critical insights.
    • Easily automate alerts and routine actions: Qlik Sense enables users to keep a close eye on their data. Automatic alerts that will notify them if their data changes in any way. Users don’t need expert knowledge of coding to create automated data-driven events. Users of all experience levels can take advantage of this benefit. Qlik Sense enables routine actions to be automated when necessary data insights will spur the system to take action. This combination of analytics and other tools empower users to take charge of their data.
    • Customize reporting: Users can set Qlik Sense to generate custom reports. These reports can also be customized to be shared by way of one of several methods, allowing users to control who sees their data and what they see.

    Reviews from Real Users

    Qlik Sense stands out among its competitors for a number of reasons. Two major ones are its associative analytics technology and its remote access capability. Qlik Sense employs an associative analytics engine that gives users the ability to take their data analytics to the next level. Users can create visual connections between different datasets spread across their network, creating deep insights that enable users to gain a full understanding of their data. This engine is easily scaled up to allow a large number of users to benefit from the deep insights that it provides. Users can access Qlik Sense from anywhere in the world. Qlik Sense has an online portal that can be used consistently from anywhere at all. Having the ability to remotely analyze data gives users flexibility when it comes to choosing how to deploy their manpower.

    Jarno L., the managing director of B2IT, writes, “The associative technology features are the solution's most valuable aspects. Qlik was the first company to implement an in-memory associative analytics engine. This basically means that all data is loaded into memory, but it also means that instead of joining data together, the data is associated together. From the front end, from the user interface point of view, data can be joined or included or excluded on the fly. It can be drilled down and drilled through and users can slice and dice it and that type of thing can be done from anywhere in the data to any other place in the data. It doesn't have to be predefined. It doesn't have to have hierarchies or anything like that.”

    Tami S., the senior business intelligence analyst at the La Jolla Group, writes, “With the changing business landscape, it is nice to access Qlik Sense through an external website. As an organization when we use QlikView Desktop, we need to connect to our internal network. We can access QlikView through the QlikView access point but the website has a little different look and feel than the desktop application. We appreciate that Qlik Sense is browser-based and the user experience is the same whether at home, in the office or on a boat. As long as the user has internet access, performance is the same.”

    Sample Customers
    BlackRock, Nasdaq, Citadel, Citi, Imagine Software, Deutsche Bank, FIS, HSBC, Morgan Stanley
    Abbvie, Airbus, Barclays, BT Openreach, BMW, Daimler AG, HSBC, IKEA, Nationwide Building Society, Royal Mail Group, Sanofi, Siemens, Wendy'', Vodafone, Volvo
    Top Industries
    VISITORS READING REVIEWS
    Financial Services Firm39%
    Marketing Services Firm8%
    Computer Software Company8%
    Comms Service Provider6%
    REVIEWERS
    Financial Services Firm19%
    Retailer10%
    Manufacturing Company10%
    Healthcare Company9%
    VISITORS READING REVIEWS
    Educational Organization49%
    Financial Services Firm10%
    Computer Software Company6%
    Manufacturing Company5%
    Company Size
    VISITORS READING REVIEWS
    Small Business26%
    Midsize Enterprise7%
    Large Enterprise67%
    REVIEWERS
    Small Business20%
    Midsize Enterprise27%
    Large Enterprise53%
    VISITORS READING REVIEWS
    Small Business10%
    Midsize Enterprise54%
    Large Enterprise37%
    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.
    768,740 professionals have used our research since 2012.

    Altair Panopticon is ranked 31st in Data Visualization while Qlik Sense is ranked 2nd in Data Visualization with 112 reviews. Altair Panopticon is rated 0.0, while Qlik Sense is rated 8.6. On the other hand, the top reviewer of Qlik Sense writes "Customizable with good ROI and a quick learning curve". Altair Panopticon is most compared with Tableau, whereas Qlik Sense is most compared with Tableau, Amazon QuickSight, Microsoft Power BI, Apache Superset and Alteryx.

    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.