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Alteryx vs MathWorks Matlab comparison

 

Comparison Buyer's Guide

Executive SummaryUpdated on Dec 5, 2024

Review summaries and opinions

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

Categories and Ranking

Alteryx
Ranking in Data Science Platforms
5th
Average Rating
8.4
Reviews Sentiment
7.0
Number of Reviews
83
Ranking in other categories
Predictive Analytics (1st), Data Preparation Tools (1st)
MathWorks Matlab
Ranking in Data Science Platforms
15th
Average Rating
8.8
Reviews Sentiment
5.5
Number of Reviews
5
Ranking in other categories
No ranking in other categories
 

Mindshare comparison

As of October 2025, in the Data Science Platforms category, the mindshare of Alteryx is 5.7%, down from 7.2% compared to the previous year. The mindshare of MathWorks Matlab is 1.1%, up from 0.5% compared to the previous year. It is calculated based on PeerSpot user engagement data.
Data Science Platforms Market Share Distribution
ProductMarket Share (%)
Alteryx5.7%
MathWorks Matlab1.1%
Other93.2%
Data Science Platforms
 

Featured Reviews

Theresa McLaughlin - PeerSpot reviewer
Quick development enables seamless data processing despite occasional support issues
There were times when the product would fail during development without an apparent reason. The support structure changed; initially, we received great support, however, it later became less reliable due to licensing issues and a tiered support system. Licensing negotiations were problematic, affecting our product usage. For instance, our licenses were temporarily lost during negotiations when an agreement couldn't be reached.
Ioannis Kalathas - PeerSpot reviewer
Creating digital twins significantly reduces time for marine engine diagnostics
MathWorks Matlab has numerous libraries, making it challenging to have a holistic understanding of all of them. I can only speak about the libraries I have used. Additional GUIs and add-ons for MathWorks Matlab would help, especially for users who are not familiar with the software. The cost is a significant concern. While university pricing is reasonable, a cheaper version with fewer libraries would be beneficial. In Greece, we struggle to purchase licenses, and we also use Ansys. There are technical differences in simulation, but the price of MathWorks Matlab is too high for a Greek mechanic to use it. A license with fewer features would be more appropriate.

Quotes from Members

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

Pros

"The drag-and-drop features are useful for data scientists who do not like to code because it is already in the system."
"Predictive models, which are easy to use, and help a lot with fast design and deployment​."
"The drag and drop and layout is simple to understand, with intuitive names of features."
"The most valuable feature of Alteryx is user-friendliness."
"The most valuable feature of Alteryx is its performance. It is a powerful solution."
"I like that I can merge data from different sources into one place."
"You get more support with Alteryx, and it's good for non-sophisticated users who can benefit from the support included in the price."
"This is a drag-and-drop tool which is easy-to-use and yet can be customized by creating your own components."
"Personally for me, because I do a lot of development, I like that it is easy to test mathematical algorithms with several matrix calculations. It's perfect for that."
"What I appreciate about MathWorks Matlab is that it is the most versatile program system I know; there are so many toolboxes which I don't need, as I mostly work with statistics, but it's amazing how many functions there are."
"The tool's most valuable feature is the Simulink environment. This feature provides an incredible capability to visually represent the system behavior before creating the code. It allows you to see the flow and interactions of the system, which is extremely beneficial for software development. With this visual representation, you can better understand the system's behavior, make necessary adjustments, and ensure maintenance and updates. This capability is why I love working with the product."
"The platform's most valuable feature is its field-specific packages, which make it very easy to use."
 

Cons

"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."
"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."
"In the database, it should be more functional and connect to more big data, especially using IPI."
"It would be great to create the final users' visualization within Alteryx."
"The scalability worries me a lot at the moment because the cost of the solution is high and it is not growing considerably. Unfortunately, we started during early COVID times and because of the economic downturn, all the cost cuttings, and everything, it is not growing as expected."
"From a commercial standpoint, more options should be available for pricing. The licensing model needs to be specific."
"It should have Linux support. It currently supports only Windows. It does not support any other platform. Its price should also be lower. Their US partner management program is actually unresponsive. One of the reasons why we don't have a formalized partnership plan with them is because their partner management team is atrociously unresponsive. This is something that they need to change."
"It would be great if Alteryx could take third party tools and incorporate them."
"One area where the product could improve is in the ease of learning."
"To make use of the GPU, you have to have an Nvidia card. What I would want it to do is to run in Next Generation with Intel or AMD, and not just with Nvidia."
"In the area of improvement, sometimes there are issues with the speed of MathWorks Matlab, particularly in the Simulink environment. The tool's latest versions can be slow to open, taking significant time to load. Additionally, saving data and integrating models can also be time-consuming processes."
"It is not out-of-the-box of course, and you have to program everything yourself."
 

Pricing and Cost Advice

"Its price should be lower. The key thing that we see is that talking about ROI is an important element at the time of purchase. Cost becomes a factor in every discussion. Justifying the ROI for these kinds of workflows is always a challenge, and the only way to counter the challenge is by addressing the pricing."
"There is a license required for this solution."
"I rate the tool's pricing a two out of ten."
"In order to have designers, and, if you want to collaborate, you have to buy a server. If the designer is $5,000, and if you want a server, you have to pay $80,000."
"If one is a high price, and ten is a low price, I rate the tool's price as a one. The tool is expensive."
"We have a yearly cost that we pay for the licensing. We do not pay any costs in addition to the licensing fees."
"The seat is too expensive."
"While it offers extensive features, including predictive analytics, for those who mainly use it for data preparation and blending, the cost can be prohibitive."
"The pricing for the software itself is reasonable, and I didn't encounter any additional costs beyond the initial purchase or license."
"We have a single user license. Support and add-ons are an extra fee."
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Top Industries

By visitors reading reviews
Financial Services Firm
23%
Manufacturing Company
9%
Computer Software Company
9%
Retailer
6%
Computer Software Company
10%
Comms Service Provider
9%
Educational Organization
9%
Manufacturing Company
7%
 

Company Size

By reviewers
Large Enterprise
Midsize Enterprise
Small Business
By reviewers
Company SizeCount
Small Business31
Midsize Enterprise15
Large Enterprise51
By reviewers
Company SizeCount
Small Business2
Midsize Enterprise1
Large Enterprise4
 

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 directly if you want to know more.
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, R integrations if your team requires this. It can handle over 2 billion rows of...
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 the following: - An excellent desktop tool for Data Prep and analytics. - Featu...
What do you like most about MathWorks Matlab?
The tool's most valuable feature is the Simulink environment. This feature provides an incredible capability to visually represent the system behavior before creating the code. It allows you to see...
What is your experience regarding pricing and costs for MathWorks Matlab?
Regarding the pricing part and licensing cost for MathWorks Matlab, it is not cheap, but it depends on the functions you need. You don't need all of them; you may just require a few and then it's r...
What needs improvement with MathWorks Matlab?
The application is pretty good, and I don't really complain. For my purposes, MathWorks Matlab is perfect because it's very versatile; it is not out-of-the-box of course, and you have to program ev...
 

Comparisons

 

Overview

Information not available
 

Sample Customers

AnalyticsIq Inc., belk, BloominBrands Inc., Cardinalhealth, Cineplex, Dairy Queen
Information Not Available
Find out what your peers are saying about Alteryx vs. MathWorks Matlab and other solutions. Updated: September 2025.
868,787 professionals have used our research since 2012.