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Altair Monarch vs Alteryx comparison

 

Comparison Buyer's Guide

Executive Summary
 

Categories and Ranking

Altair Monarch
Ranking in Data Preparation Tools
5th
Average Rating
9.0
Reviews Sentiment
7.8
Number of Reviews
1
Ranking in other categories
No ranking in other categories
Alteryx
Ranking in Data Preparation Tools
1st
Average Rating
8.4
Reviews Sentiment
7.0
Number of Reviews
79
Ranking in other categories
Predictive Analytics (1st), Data Science Platforms (5th)
 

Mindshare comparison

As of December 2024, in the Data Preparation Tools category, the mindshare of Altair Monarch is 10.5%, up from 6.2% compared to the previous year. The mindshare of Alteryx is 29.7%, down from 35.2% compared to the previous year. It is calculated based on PeerSpot user engagement data.
Data Preparation Tools
 

Featured Reviews

reviewer2082057 - PeerSpot reviewer
In 10 minutes, I can do work that would take me two or three hours in another solution.
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 the system is automatically picking up for renewals. Monarch is used for minor reconciliation work…
Vivek Vaibhav - PeerSpot reviewer
Has a good UI and drag-and-drop features which makes it easy to understand
There have been some issues with licensing, particularly with the increased prices. This has led some companies, including ours, to consider reducing the number of licenses or potentially discontinuing their use of Alteryx. Since most of our team members work with Alteryx, deploying workflows to clients who may not have licenses became a hurdle. Every user needed a license to run the workflows, which could pose difficulties, especially for clients who only needed occasional access for small data analyses. Unlike other software like Microsoft Power BI, which offers free trials or user licenses for basic functionality, Alteryx doesn't provide such options, potentially limiting its accessibility for occasional users. It should improve scalability.

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."
"All of the data science features in terms of unioning and joining data together are valuable."
"The design portion of this tool is easy to use without code, which his something that something we can appreciate."
"The most valuable feature for me is integration."
"The philosophy of the citizen data scientist is the key piece, which means the no-code analytics capability. This is the feature that attracted us the most."
"The ease-of-use allows non-technical business users to directly create their own solutions without the use of additional development resources."
"The drag and drop and layout is simple to understand, with intuitive names of features."
"The product is very stable and super fast, five-star. It's significantly more stable than it's nearest competitor."
"It saves time on a lot projects. ​"
 

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."
"A colleague of mind mentioned that the solution should have more options for the visualization of data."
"The screen when you are looking into your workflows and your ETL processes needs to be improved. You cannot manage it very well."
"It would be nice if they can provide Alteryx with more options for In-DB connectivity. That functionality is there, but it doesn't include all software we are connecting."
"The server is too expensive for what you get and it really a designer desktop on a server."
"The event handling, such that the file system watcher, is in need of improvement."
"The software is not fully optimized."
"A feature which allows the user to be able to click on an output (in a file browser) and see the creation of the module would be fantastic."
"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."
 

Pricing and Cost Advice

Information not available
"The designer license costs 5000 euros. The server edition is 1000 euros."
"There are some implementation services and internal effort costs at the beginning but there is nothing else."
"We have a yearly cost that we pay for the licensing. We do not pay any costs in addition to the licensing fees."
"My organization pays for it, and I do not look into the financial aspect of the licensing, but I know it is pretty expensive."
"The cost of the solution could be reduced."
"The license price of the solution is expensive."
"It's probably on the pricey side, but they provide some really useful ways to grow and test."
"The cost of Alteryx is approximately $2,900 annually."
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Top Industries

By visitors reading reviews
Financial Services Firm
28%
Manufacturing Company
12%
Government
11%
Retailer
9%
Financial Services Firm
24%
Manufacturing Company
10%
Computer Software Company
9%
Healthcare Company
6%
 

Company Size

By reviewers
Large Enterprise
Midsize Enterprise
Small Business
No data available
 

Questions from the Community

What do you like most about Altair Monarch?
Monarch lets you quickly extract in your preferred format.
What is your experience regarding pricing and costs for Altair Monarch?
I rate Altair Monarch seven out of 10 for affordability. Recently, the pricing model changed from end-user licensing to a concurrent licensing model.
What is your primary use case for Altair Monarch?
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...
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...
 

Comparisons

 

Also Known As

Monarch Data Pump
No data available
 

Learn More

 

Overview

 

Sample Customers

MasterCard
AnalyticsIq Inc., belk, BloominBrands Inc., Cardinalhealth, Cineplex, Dairy Queen
Find out what your peers are saying about Alteryx, SAS, Bright Data and others in Data Preparation Tools. Updated: November 2024.
824,053 professionals have used our research since 2012.