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Altair Monarch vs Alteryx 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:
 

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
81
Ranking in other categories
Predictive Analytics (1st), Data Science Platforms (5th)
 

Mindshare comparison

As of January 2025, in the Data Preparation Tools category, the mindshare of Altair Monarch is 10.3%, up from 6.6% compared to the previous year. The mindshare of Alteryx is 30.9%, down from 35.7% 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…
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.

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."
"It is efficient in optimizing our ability to get information."
"The most valuable feature of Alteryx is its stand-alone version that we do not have to download dependencies for loads. Additionally, the scan is useful for beginners."
"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."
"The solution has been stable."
"I like the solution's velocity, the speed with which it processes data, and its ease of use."
"It is one of the most complete and great customer service that I experienced with a software company/ecosystem."
"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."
"We can't browse multiple files. When we deploy a solution on a gallery, let's say I have ten different files, and I have to upload them all at once. This is something that's difficult in the gallery. So case by case, I see some downsides, but often we do something alternative."
"The GUI interface functions but it could stand to be updated to a more modern look and feel."
"The product's pricing needs improvement."
"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 event handling, such that the file system watcher, is in need of improvement."
"All of the reports are migrated or exported in an Excel file, and most of the time, a business intelligence tool is required. They could have better reporting. The aesthetic could be improved."
"Mastering Alteryx, a comprehensive solution, takes time. However, once you have gained proficiency with its layout and how to drag, drop, and connect components, it becomes remarkably easy, yet still thorough."
"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."
 

Pricing and Cost Advice

Information not available
"The price for Alteryx Designer is reasonable but the price for Alteryx Server for universal collaborations is too expensive."
"The cost of the solution could be reduced."
"Alteryx is generally more suited for medium—to large companies due to its potentially high licensing costs."
"The solution has a more costly license than other tools in the market."
"It has a good price."
"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."
"Alteryx is an expensive solution."
"The pricing is $5000 per year per production license."
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Top Industries

By visitors reading reviews
Financial Services Firm
26%
Manufacturing Company
13%
Retailer
10%
Government
10%
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: January 2025.
831,265 professionals have used our research since 2012.