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Alteryx vs Anaconda Business vs IBM Watson Explorer 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:
 

Mindshare comparison

Predictive Analytics Market Share Distribution
ProductMarket Share (%)
Alteryx7.6%
Anaplan7.3%
SAP Analytics Cloud6.9%
Other78.2%
Predictive Analytics
Data Science Platforms Market Share Distribution
ProductMarket Share (%)
Anaconda Business2.4%
Databricks9.3%
KNIME Business Hub7.5%
Other80.8%
Data Science Platforms
Data Mining Market Share Distribution
ProductMarket Share (%)
IBM Watson Explorer2.8%
IBM SPSS Modeler19.1%
IBM SPSS Statistics18.5%
Other59.599999999999994%
Data Mining
 

Featured Reviews

Rajneesh Prajapati - PeerSpot reviewer
Senior Rpa Consultant at Accely Consulting
Time-saving workflows have transformed data preparation and predictive analysis for my team
Some of the best features Alteryx offers are its no and low-code capabilities. It delivers massive time-saving and includes spatial and predictive analysis. Alteryx includes built-in tools such as drive time analysis and linear regression, which are much harder to achieve in standard BI tools such as Power BI or Tableau. In addition to these features, Alteryx provides built-in spatial tools that can calculate drive time and location-based insights with minimal effort through drag-and-drop spatial tools, low complex coding, faster, and more accurate results. Linear regression predicts sales based on marketing spend, estimates costs based on usage, and identifies trends in historical data. Alteryx has positively impacted my organization by saving time, improving accuracy, and enabling better decision-making. Using Alteryx, complex tasks such as data cleansing, joining datasets, drive time analysis, and linear regression can be done much faster compared to manual Excel or SQL work. This reduces dependency on manual effort and lowers the risk of human error. Drive time analysis helps my organization make better location-based decisions, such as identifying optimal service areas or improving customer reach.
reviewer2775498 - PeerSpot reviewer
tester at a tech vendor with 10,001+ employees
Isolate environments and switch package versions efficiently for smoother testing workflows
Overall, it works well, but there are a few things that could be better. Sometimes the environment creation or package installation feels a bit slow, especially with bigger libraries. Another thing I would appreciate is a cleaner, more intuitive interface for managing environments. It works, but a smoother UI could make the workflow faster. It would also be nice to have clearer error messages when something fails, so it is easier to understand what went wrong without digging too much. The documentation could be a bit clearer, especially for troubleshooting specific errors or setup issues. Sometimes I need to search extensively to find the exact steps. Also, having quicker or more detailed support responses would help when something unexpected comes up. These are not major problems, but improving them would definitely make the overall experience smoother. One small improvement I would add is smoother integration with IDEs. It works fine right now, but having even tighter or more automated syncing with tools such as VS Code or PyCharm would make the workflow faster. Perhaps also a few more built-in examples or quick-start guides for common setups would be helpful. Nothing major, just things that would make the experience even more user-friendly.
it_user1319820 - PeerSpot reviewer
Lead Engineer at a computer software company with 10,001+ employees
A data analysis tool that is scalable and includes keyword search functionality
The solution is used for a government company for data collection and analysis I have found the auto-generated document very useful as well as the main keywords that are highlighted, which are used for the search functionality within IBM Watson Explorer. I have been using the solution for five…

Quotes from Members

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

Pros

"Alteryx significantly reduces the time spent searching for specific information."
"The Alteryx designer has been the most useful feature in the solution."
"The GUI is simple and it integrates with Python."
"The feature that I have found most valuable for Alteryx is its geo-referencing feature, it is very good. I use it a lot, especially for supply chain."
"The drag and drop and layout is simple to understand, with intuitive names of features."
"The modeling features are very good."
"The ease-of-use allows non-technical business users to directly create their own solutions without the use of additional development resources."
"Automation is the most valuable aspect for us. The ability to wrap business logic around the data is very helpful."
"Anaconda Business has positively impacted my organization by enhancing security and compliance, providing a consistent environment across teams, improving productivity, ensuring reliable package availability even offline, streamlining governance and control, and allowing better integration with enterprise systems."
"Anaconda is an open-source platform that can integrate numerous other kits and models in one place."
"We find the advanced security, governance, and collaborative features for organizations using Python and R particularly useful, as these business plans provided by Anaconda Business have been very helpful."
"Using Anaconda Business, I have seen huge time-saving due to the automation of monitoring and deployment, which has led to significant improvements."
"The virtual environment is very good."
"It helped us find find the optimal area for where our warehouse should be located."
"The biggest positive impact has been the consistency it brings, since everyone can use clean, isolated environments, we run into far fewer package conflicts or situations where something works on one system but not another."
"Anaconda Business has positively impacted my organization because, when discussing the security point of view, it's exceptional; when comparing it to other solutions, Anaconda Business is superior."
"We take natural language that was happening in our repositories and our application and then feed it to the Watson APIs. We receive JSON payloads as an API response to get cognitive feedback from the repository data."
"Ease of use is pretty good as is the standardization of not actually having to have my own natural learning algorithms, just to use the Watson APIs."
"For me, as a user, the most valuable feature is the ability to ingest and then retrieve information from a range of separate sources; the ability to dissect questions in context and actually answer them."
"I have found the auto-generated document very useful as well as the main keywords that are highlighted, which are used for the search functionality within IBM Watson Explorer."
"The valuable feature of Watson Explorer for us is data entities, and to see the hidden insights from within unstructured data."
"The ability to easily pull together lots of different pieces of information and drill down in a smarter way than has been possible with other analytics tools is key. Watson is all based on a set of AI and deep learning, machine-learning capabilities, and it is looking behind the scenes at some relationships that you likely would not have spotted on your own. It's pulling things together, categorizing some things, that are not something that you might have seen on your own."
 

Cons

"When a process completes there is a notification, but the notification does not include the process's name."
"Alteryx can improve the model management and deployment processing of large workloads."
"Sometimes, there are performance constraints. Especially when a large file has to be ingested, the system slows down a bit. Its performance is the only thing that can be improved."
"There is currently no cloud solution and this would be valuable for many clients."
"They can provide some pre-built tools for predictive analytics instead of us having to build all the tools. It should also be improved from the visualization aspect. It should have better visualization capabilities. There are tools out there that have better visualization capabilities, which Alteryx is lacking currently."
"I mostly used it for flat files, but I have many colleagues who reported that to tune a query, in case they want to directly connect to the database, there is no option to optimize the performance of the query, as we have in Informatica."
"The principal problem is the pricing. They're expensive products."
"The solution just lacks in terms of data visualization. That is why we use Tableau and Qlik in our organization. They help to pick up the slack. If data visualization was added, Alteryx would be a very good tool, and much more complete."
"One thing that hurts the product is that the company is not doing more to advertise it as a solution and make it more well known."
"Anaconda can't handle heavy workloads."
"I think that the framework can be improved to make it easier for people to discover and use things on their own."
"Anaconda should be optimized for RAM consumption."
"Sometimes the environment creation or package installation feels a bit slow, especially with bigger libraries."
"One feature that I would like to see is being able to use a different language in a different cell, which would allow me to mix R and Python together."
"Anaconda Business could be improved because currently, if a package is not added to the curated repository, our teams may wait hours or days for security license validation."
"Sometimes the environment creation or package installation feels a bit slow, especially with bigger libraries."
"Much of IBM operates this way, where they have sets of tools that are in the middleware space, and it becomes the customer's responsibility or the business partner's responsibility to develop full solutions that take advantage of that middleware. I think IBM's finding itself in that spot with Watson-related technologies as well, where the capabilities to do really interesting and useful things for customers is there, but somebody still has to build it. Is that going to be the customer? Are they going to be willing to take on that responsibility themselves"
"More cognitive feedback would be good. The natural language analysis is great, the sentiment analyzers are great. But I would just like to see more... innovation done with the Watson platform."
"The solution is expensive."
"Small businesses will probably have a little harder time getting into it, just because of the amount of resources that they have available, both financial and time, but it really is a solution that should work for them."
"Stability is actually one of the areas that could use improvement. Setting it up is always tough. Setting Explorer requires experts, but also the underlying platform is not that stable. So it really needs a good expert to keep it running."
"I would say, give some kind of a community edition, a free edition. A lot of companies do, even Amazon gives you some kind of trial and error opportunities. If they could provide something like that, it would be good."
"It is a little bit tricky to get used to the workflow of knowing how to train Watson, what can be provided, what can't be, how to provide it, how to import, export, and what it means every time you have to add a new dictionary"
"It needs better language support, to include some other languages. Also, they should improve the user interface."
 

Pricing and Cost Advice

"It's probably on the pricey side, but they provide some really useful ways to grow and test."
"My organization pays for it, and I do not look into the financial aspect of the licensing, but I know it is pretty expensive."
"There is a license required for this solution."
"I rate the tool's pricing a two out of ten."
"The solution has a more costly license than other tools in the market."
"We have a yearly cost that we pay for the licensing. We do not pay any costs in addition to the licensing fees."
"Alteryx is generally more suited for medium—to large companies due to its potentially high licensing costs."
"A designer and scheduler for $13K/year in total is pretty much earning you the money back in time and in other resources."
"The product is open-source and free to use."
"The tool is open-source."
"Anaconda is free to use, but in terms of hardware costs, you might need heavy GPUs to run CUDA and other demanding tasks."
"My company uses the free version of the tool. There is also a paid version of the tool available."
"The licensing costs for Anaconda are reasonable."
"The solution is expensive."
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Top Industries

By visitors reading reviews
Financial Services Firm
22%
Manufacturing Company
9%
Computer Software Company
7%
Retailer
5%
Financial Services Firm
16%
University
11%
Manufacturing Company
8%
Computer Software Company
7%
Performing Arts
12%
University
10%
Healthcare Company
9%
Recreational Facilities/Services Company
9%
 

Company Size

By reviewers
Large Enterprise
Midsize Enterprise
Small Business
By reviewers
Company SizeCount
Small Business32
Midsize Enterprise15
Large Enterprise53
By reviewers
Company SizeCount
Small Business12
Midsize Enterprise2
Large Enterprise19
By reviewers
Company SizeCount
Small Business2
Midsize Enterprise2
Large Enterprise7
 

Questions from the Community

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 direc...
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, ...
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...
What do you like most about Anaconda?
The tool's most valuable feature is its cloud-based nature, allowing accessibility from anywhere. Additionally, using...
What is your experience regarding pricing and costs for Anaconda?
My experience with pricing, setup cost, and licensing is that it is a little costly, but it is useful.
What needs improvement with Anaconda?
I believe Anaconda Business can be improved in terms of performance and speed, particularly regarding the installatio...
Ask a question
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Also Known As

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IBM WEX
 

Overview

 

Sample Customers

AnalyticsIq Inc., belk, BloominBrands Inc., Cardinalhealth, Cineplex, Dairy Queen
LinkedIn, NASA, Boeing, JP Morgan, Recursion Pharmaceuticals, DARPA, Microsoft, Amazon, HP, Cisco, Thomson Reuters, IBM, Bridgestone
RIMAC, Westpac New Zealand, Toyota Financial Services, Swiss Re, Akershus University Hospital, Korean Air Lines, Mizuho Bank, Honda
Find out what your peers are saying about Alteryx, Anaplan, SAP and others in Predictive Analytics. Updated: January 2026.
881,757 professionals have used our research since 2012.