Altair Monarch vs Alteryx comparison

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Altair Logo
278 views|209 comparisons
100% willing to recommend
Alteryx Logo
2,418 views|1,448 comparisons
88% willing to recommend
Comparison Buyer's Guide
Executive Summary

We performed a comparison between Altair Monarch and Alteryx based on real PeerSpot user reviews.

Find out what your peers are saying about Alteryx, SAS, Quest Software and others in Data Preparation Tools.
To learn more, read our detailed Data Preparation Tools Report (Updated: March 2024).
768,415 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
"Monarch lets you quickly extract in your preferred format."

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"The value add of Alteryx is the agility for making changes, and speed of deployment.""It allows for manipulation and automation, which has greatly reduced the amount of time required per project.""Data processing is most valuable. It is one of the fastest data blockers out there in the market, which is a fascinating thing about Alteryx.""You get more support with Alteryx, and it's good for non-sophisticated users who can benefit from the support included in the price.""The solution has excellent drag and drop functionality. There's no need for coding.""The support is very good.""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.""Alteryx makes it easy for the end customer to see clean data in a structured form."

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Cons
"I rate Altair Monarch seven out of 10 for affordability. Recently, the pricing model changed from end-user licensing to a concurrent licensing model."

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"I'd like to see more artificial intelligence business tools or features in Alteryx.""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.""From a commercial standpoint, more options should be available for pricing. The licensing model needs to be specific.""I think sometimes the solution doesn't load properly or takes so much time for the workflows. Though the workflow runs and completes the file in Excel, if you use the same formula, it's a bit slow. Also, the image processing is not so good because I tried to do some image processing and they were like, sometimes they put two to eight. In the document, it was two, but the OCR predicted it as eight.""Even when it already includes some AI models, this area could be improved.""The gallery could improve in Alteryx. Additionally, if there was a Conditional Join feature it would be beneficial. Since I do not have this feature I have to use Python scripts.""Alteryx's predictive data models are pretty average and can be improved.""It is a little bit pricey."

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Pricing and Cost Advice
Information Not Available
  • "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 →

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    Questions from the Community
    Top Answer:Monarch lets you quickly extract in your preferred format.
    Top Answer:I rate Altair Monarch seven out of 10 for affordability. Recently, the pricing model changed from end-user licensing to a concurrent licensing model.
    Top Answer:We use Monarch for account reconciliation. We have several accounts from last year that carry over into this year, so we do reconciliation to see if there are any outliers compared to last year and if… more »
    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 »
    Ranking
    4th
    Views
    278
    Comparisons
    209
    Reviews
    1
    Average Words per Review
    265
    Rating
    9.0
    1st
    Views
    2,418
    Comparisons
    1,448
    Reviews
    29
    Average Words per Review
    513
    Rating
    8.3
    Comparisons
    Also Known As
    Monarch Data Pump
    Learn More
    Overview

    Datawatch Monarch is an application that runs on your Windows desktop and as soon as you drop a file or web page onto the canvas it automatically begins to extract into analytics-ready rows and columns. You can also connect to all major relational, big data, and over 30 other sources, but often the most important information you need is locked away in existing reports or difficult sources that seem impossible to use without re-keying the data.

    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





    Sample Customers
    MasterCard
    AnalyticsIq Inc., belk, BloominBrands Inc., Cardinalhealth, Cineplex, Dairy Queen
    Top Industries
    VISITORS READING REVIEWS
    Financial Services Firm31%
    Manufacturing Company9%
    Government8%
    Retailer8%
    REVIEWERS
    Computer Software Company15%
    Manufacturing Company11%
    Financial Services Firm11%
    Energy/Utilities Company9%
    VISITORS READING REVIEWS
    Financial Services Firm22%
    Manufacturing Company10%
    Computer Software Company9%
    Retailer6%
    Company Size
    VISITORS READING REVIEWS
    Small Business11%
    Midsize Enterprise7%
    Large Enterprise83%
    REVIEWERS
    Small Business33%
    Midsize Enterprise15%
    Large Enterprise52%
    VISITORS READING REVIEWS
    Small Business16%
    Midsize Enterprise10%
    Large Enterprise74%
    Buyer's Guide
    Data Preparation Tools
    March 2024
    Find out what your peers are saying about Alteryx, SAS, Quest Software and others in Data Preparation Tools. Updated: March 2024.
    768,415 professionals have used our research since 2012.

    Altair Monarch is ranked 4th in Data Preparation Tools with 1 review while Alteryx is ranked 1st in Data Preparation Tools with 74 reviews. Altair Monarch is rated 9.0, while Alteryx is rated 8.4. The top reviewer of Altair Monarch writes "In 10 minutes, I can do work that would take me two or three hours in another solution. ". On the other hand, the top reviewer of Alteryx writes "Feature-rich ETL that condenses a number of functions into one tool". Altair Monarch is most compared with SAS Enterprise Guide and ETL Solutions Transformation Manager, whereas Alteryx is most compared with KNIME, Databricks, Dataiku Data Science Studio, RapidMiner and Microsoft Power BI.

    See our list of best Data Preparation Tools vendors.

    We monitor all Data Preparation Tools 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.