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Alteryx vs Anaplan comparison

 

Comparison Buyer's Guide

Executive Summary
 

Categories and Ranking

Alteryx
Ranking in Predictive Analytics
1st
Average Rating
8.4
Number of Reviews
77
Ranking in other categories
Data Science Platforms (4th), Data Preparation Tools (1st)
Anaplan
Ranking in Predictive Analytics
4th
Average Rating
8.0
Number of Reviews
26
Ranking in other categories
Business Performance Management (1st), Production Planning (5th)
 

Mindshare comparison

As of November 2024, in the Predictive Analytics category, the mindshare of Alteryx is 24.4%, down from 25.7% compared to the previous year. The mindshare of Anaplan is 18.4%, up from 7.5% compared to the previous year. It is calculated based on PeerSpot user engagement data.
Predictive Analytics
 

Featured Reviews

Vivek Vaibhav - PeerSpot reviewer
Mar 11, 2024
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.
Kumaran Singaram - PeerSpot reviewer
May 23, 2023
Effective machine learning, constantly evolving, but price could improve
Anaplan is used for various financial planning, such as supply chain, and consolidation My clients exhibit enhanced efficiency in financial planning, supply chain management, demand planning, and financial consolidation. They possess superior visibility, enabling swift action-taking. The most…

Quotes from Members

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

Pros

"There are a lot of good customization capabilities."
"The value add of Alteryx is the agility for making changes, and speed of deployment."
"The product's most valuable features include its ease of use for non-technical users and machine learning capabilities."
"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."
"The feature that I have found most valuable for Alteryx is its geo-referencing feature, it is very good. I use it a lot, especially for supply chain."
"The ease-of-use allows non-technical business users to directly create their own solutions without the use of additional development resources."
"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 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."
"It's highly flexible. If you've got a complex environment with complex calculations, you can build that out. So that's a really good positive."
"Anaplan provides 130 GB of cloud storage for organizations to use as part of their license."
"I believe Anaplan is a new cloud tool, and from time to time, there's a lot of improvement that the Anaplan company deploys with the system. So, with that improvement, we need to really adapt and know the new system trends."
"The best thing is that it's very intuitive and user-friendly. You don't need coding skills to manipulate the platform."
"Anaplan's strongest feature is that its GUI is very modern and user-friendly."
"Anaplan's most valuable features are that it's a no-coding platform, everything can be scaled to your other functions, and it's easy to learn and use (especially because Anaplan provides excellent interactive training)."
"The solution scales well."
"The most valuable feature of Anaplan is machine learning. The solution is constantly evolving from feedback. Additionally, there is a wide range of training material online."
 

Cons

"Lacks an open source edition which would be helpful."
"The formula we currently use in Alteryx can be automated."
"A colleague of mind mentioned that the solution should have more options for the visualization of data."
"Alteryx can improve in data science. They have to have more features and components in the data science aspect because they claim to be a data science tool. However, in order to be more competitive, they have to improve on their data science propositions. Thre are other solutions on the market, such as other players in the market, Data2Go or DataIQ, and Alteryx needs to catch up."
"Alteryx could be improved in the area of analytics and central governance."
"The software is not fully optimized."
"In the database, it should be more functional and connect to more big data, especially using IPI."
"Alteryx can improve the model management and deployment processing of large workloads."
"One area of improvement is conditional formatting. It's not very practical, and you need to specify additional formatting."
"There are workspace issues, like the limitation on model sizes."
"Automation needs to be built into this solution."
"The price of the solution can improve."
"It would be nice if the solution offered better extensions."
"The dashboard could be better. Because within a dashboard or report, you have to do a lot of scrolling. You need to scroll down because the table doesn't fit in a single view. That's why even the users aren't happy with that kind of user experience. They need to scroll to see all the data, and it could be better if it fits in just one page. That way, you can see everything. In the next release, I want automation that's connected to Anaplan. For example, to load master data from SAP to Anaplan. I don't know if this already exists, but a log where you can see the progress and see if there's an error will also help. It would be better to give you the error message, for example, if there is an error within the automated process importing to Anaplan."
"The solution can improve by providing an easier form of integration to different platforms, such as receiving data from different Salesforce. There is a process to do it through the use of some APIs but it could be made much easier. This would be a large help to us."
"Anaplan could be improved with a stronger consolidation module."
 

Pricing and Cost Advice

"I rate the solution's pricing as a ten, as it is highly priced."
"The solution has a more costly license than other tools in the market."
"There is a license required for this solution."
"The license is really expensive, we cannot afford to have two or three. It takes away all the budget of my area."
"There are some implementation services and internal effort costs at the beginning but there is nothing else."
"Alteryx is generally more suited for medium—to large companies due to its potentially high licensing costs."
"​Very transparent.​"
"The desktop platform costs $5,000 per year. It's very costly."
"This is a yearly subscription. So a customer initially buys a workspace and specifies how much GB they want. The minimum starts at around 30 GB. You can buy multiple workspaces."
"The price of the solution is expensive."
"This is an expensive product and if the price were reduced then it would attract more customers."
"The entry-level is anywhere from about $30,000 to $50,000 a year, however, it does go up significantly after that depending on the complexity and how much space you're using."
"Anaplan is a bit pricier compared to its competitors - the license costs about $4,000 per user annually."
"The license is a yearly subscription. There are three licensing tiers: the model builder, planner, and the reporting."
"We are currently using a free workspace license for 90 days. We are satisfied with the price of the solution. There are additional costs if you want more storage, the default limit is 250 GB."
"A value-for-money product and a very reasonable price compared to competitors like SAP or IBM."
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Top Industries

By visitors reading reviews
Financial Services Firm
24%
Manufacturing Company
10%
Computer Software Company
8%
Healthcare Company
6%
Educational Organization
29%
Computer Software Company
10%
Manufacturing Company
8%
Financial Services Firm
8%
 

Company Size

By reviewers
Large Enterprise
Midsize Enterprise
Small Business
 

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 are your main use cases for Anaplan?
Anaplan is an industry-leading cloud-based corporate performance management (CPM) platform that combines business planning and analytics in a single solution. It is designed to assist organizations...
Is Board better than Anaplan as a Business Intelligence (BI) solution?
We've had several FP&A departments include Anaplan in their analytics discussions, and while BI information IS generated, the focus is generally on compiling input from various sources and simu...
Is Anaplan better than SAP ERP?
There are different aspects of both Anaplan and SAP ERP that I like and dislike. Anaplan improves forecast accuracy and drives up the quality of analytics. Rather than spending all of their time co...
 

Comparisons

 

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Overview

 

Sample Customers

AnalyticsIq Inc., belk, BloominBrands Inc., Cardinalhealth, Cineplex, Dairy Queen
HP, ForeScout, DocuSign, EAT, Pandora, Aviva, Intel Security, Zalora
Find out what your peers are saying about Alteryx vs. Anaplan and other solutions. Updated: October 2024.
814,649 professionals have used our research since 2012.