Alteryx vs IBM Watson Studio comparison

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13,301 views|7,794 comparisons
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3,554 views|2,387 comparisons
Comparison Buyer's Guide
Executive Summary

We performed a comparison between Alteryx and IBM Watson Studio based on real PeerSpot user reviews.

Find out in this report how the two Data Science Platforms solutions compare in terms of features, pricing, service and support, easy of deployment, and ROI.
To learn more, read our detailed Alteryx vs. IBM Watson Studio Report (Updated: March 2024).
765,234 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
"The value add of Alteryx is the agility for making changes, and speed of deployment.""All of the data science features in terms of unioning and joining data together are valuable.""Alteryx effectively visualizes the flow of data and what happens at each stage. I also like that it's a no-code solution. I also like that you can troubleshoot certain parts of the workflow by putting them in a sandbox.""The Alteryx designer has been the most useful feature in the solution.""Alteryx has a good UI. We use it frequently in our projects. The tool comes with drag-and-drop features and is easy to understand for business needs. One situation where Alteryx's advanced analytics capabilities were particularly beneficial for us was during a forecasting project. Unlike Python, which requires coding, Alteryx simplifies the process significantly. With Alteryx, users can adjust parameters within the user interface without writing any code.""Alteryx is a low-code platform, and that's the biggest reason why we chose it.""The GUI is simple and it integrates with Python.""Alteryx helps me do a lot of automation. The best thing about Alteryx is that you don't have to repeat the workflow over and over again. Unlike Excel, where you need to write formulas for each new file, Alteryx follows a consistent process. You can schedule and automate the workflow, even if the files change."

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"It stands out for its substantial AI capabilities, offering a broad spectrum of features for crafting solutions that meet specific requirements.""The main benefit is the ease of use. We see a lot of engineers in our site and customers that really like the way the tools are able to work with the people.""It has a lot of data connectors, which is extremely helpful.""It is a stable, reliable product.""The system's ability to take a look at data, segment it and then use that data very differently.""Watson Studio is very stable.""The solution is very easy to use.""The most important thing is that it's a multi-faceted solution. It's a kind of specialist, not a generalist. It can produce very specific information for the customer. It's totally different from Google or any search engine that produces generic information. It's specialty is that it's all on video."

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Cons
"The solution could improve in the visualization.""Sometimes workflows tend to queue up, and they tend to get canceled for some reason that we don't know sometimes.""I think they should really work on integrating or have a capacity to integrate some algorithmic code. I think that's one of the most important things they need to be doing.""The server is too expensive for what you get and it really a designer desktop on a server.""Its most valuable feature lies in its functionality.""Alteryx can improve the model management and deployment processing of large workloads.""There are a few hiccups with specific data sets and languages or formats that the data comes in. That may be a minor problem, but we can work through it. We had some issues looking at XML format in added data, but it wasn't significant.""More statistics tools: We can use to compare SPSS statistics with some automated advisory."

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"More features in data virtualization would be helpful. The solution could use an interactive dashboard that could make exploration easier.""The main challenge lies in visibility and ease of use.""I want IBM's technical support team to provide more specific answers to queries.""Some of the solutions are really good solutions but they can be a little too costly for many.""I think maybe the support is an area where it lacks.""The decision making in their decision making feature is less good than other options.""Watson Studio would be improved with a clearer path for the deployment of docker images.""It's sometimes easy to get lost given the number of images the solution opens up when you click on the mouse and the amount of different tabs."

More IBM Watson Studio Cons →

Pricing and Cost Advice
  • "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 →

  • "Watson Studio's pricing is reasonable for what you get."
  • "IBM Watson Studio is a reasonably priced product"
  • "IBM Watson Studio is an expensive solution."
  • "The pricing is generally reasonable and straightforward but can vary significantly depending on the specific workloads in use."
  • More IBM Watson Studio Pricing and Cost Advice →

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    Questions from the Community
    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 »
    Top Answer:From an improvement perspective, I would say that if the deployment environment and IBM Watson Studio's environment are separated, then it would be good. I would like them to be one and offer users a… more »
    Ranking
    3rd
    Views
    13,301
    Comparisons
    7,794
    Reviews
    27
    Average Words per Review
    520
    Rating
    8.3
    9th
    Views
    3,554
    Comparisons
    2,387
    Reviews
    5
    Average Words per Review
    426
    Rating
    8.2
    Comparisons
    Also Known As
    Watson Studio, IBM Data Science Experience, Data Science Experience, DSx
    Learn More
    IBM
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    Overview

    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





    IBM Watson Studio provides tools for data scientists, application developers and subject matter experts to collaboratively and easily work with data to build and train models at scale. It gives you the flexibility to build models where your data resides and deploy anywhere in a hybrid environment so you can operationalize data science faster.

    Sample Customers
    AnalyticsIq Inc., belk, BloominBrands Inc., Cardinalhealth, Cineplex, Dairy Queen
    GroupM, Accenture, Fifth Third Bank
    Top Industries
    REVIEWERS
    Computer Software Company15%
    Manufacturing Company11%
    Financial Services Firm11%
    Healthcare Company9%
    VISITORS READING REVIEWS
    Financial Services Firm22%
    Manufacturing Company10%
    Computer Software Company9%
    Retailer6%
    REVIEWERS
    Manufacturing Company22%
    Insurance Company11%
    Marketing Services Firm11%
    Comms Service Provider11%
    VISITORS READING REVIEWS
    Financial Services Firm16%
    Computer Software Company12%
    Educational Organization8%
    Comms Service Provider7%
    Company Size
    REVIEWERS
    Small Business33%
    Midsize Enterprise15%
    Large Enterprise52%
    VISITORS READING REVIEWS
    Small Business16%
    Midsize Enterprise10%
    Large Enterprise75%
    REVIEWERS
    Small Business71%
    Large Enterprise29%
    VISITORS READING REVIEWS
    Small Business21%
    Midsize Enterprise13%
    Large Enterprise66%
    Buyer's Guide
    Alteryx vs. IBM Watson Studio
    March 2024
    Find out what your peers are saying about Alteryx vs. IBM Watson Studio and other solutions. Updated: March 2024.
    765,234 professionals have used our research since 2012.

    Alteryx is ranked 3rd in Data Science Platforms with 74 reviews while IBM Watson Studio is ranked 9th in Data Science Platforms with 13 reviews. Alteryx is rated 8.4, while IBM Watson Studio is rated 8.2. The top reviewer of Alteryx writes "Feature-rich ETL that condenses a number of functions into one tool". On the other hand, the top reviewer of IBM Watson Studio writes "A highly robust and well-documented platform that simplifies the complex world of AI". Alteryx is most compared with KNIME, Databricks, Dataiku Data Science Studio, RapidMiner and Qlik Sense, whereas IBM Watson Studio is most compared with Microsoft Azure Machine Learning Studio, Databricks, Azure OpenAI, Google Vertex AI and Anaconda. See our Alteryx vs. IBM Watson Studio report.

    See our list of best Data Science Platforms vendors.

    We monitor all Data Science Platforms 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.