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Alteryx vs IBM Watson Studio 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
81
Ranking in other categories
Predictive Analytics (1st), Data Preparation Tools (1st)
IBM Watson Studio
Ranking in Data Science Platforms
12th
Average Rating
8.4
Reviews Sentiment
7.1
Number of Reviews
14
Ranking in other categories
AI Development Platforms (10th)
 

Mindshare comparison

As of April 2025, in the Data Science Platforms category, the mindshare of Alteryx is 6.2%, down from 8.0% compared to the previous year. The mindshare of IBM Watson Studio is 1.9%, down from 2.3% compared to the previous year. It is calculated based on PeerSpot user engagement data.
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.
Abilio Duarte - PeerSpot reviewer
A highly robust and well-documented platform that simplifies the complex world of AI
The main challenge lies in visibility and ease of use. Providing training sessions can be immensely helpful in helping users navigate and understand the tool's potential. This approach would empower users to explore and make the most of the tools and technologies at their disposal. Another area where IBM could enhance its offering is by providing more visibility to end users regarding the vast potential that Watson offers.

Quotes from Members

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

Pros

"The value add of Alteryx is the agility for making changes, and speed of deployment."
"I like that I can merge data from different sources into one place."
"One-stop shop for data preparation, blending, prediction, and optimization in a single workflow."
"It allows for manipulation and automation, which has greatly reduced the amount of time required per project."
"The drag and drop and layout is simple to understand, with intuitive names of features."
"The analytics are easy​."
"The connectors are a very good feature."
"The drag-and-drop features are useful for data scientists who do not like to code because it is already in the system."
"Watson Studio is very stable."
"Stability-wise, it is a great tool."
"It has a lot of data connectors, which is extremely helpful."
"The most important thing is that it's a multi-faceted solution. It's a kind of specialist, not a generalist. It can produce very specific information for the customer. It's totally different from Google or any search engine that produces generic information. It's specialty is that it's all on video."
"The system's ability to take a look at data, segment it and then use that data very differently."
"Watson Studio is the most complete tool for AI projects."
"The solution is very easy to use."
"The main benefit is the ease of use. We see a lot of engineers in our site and customers that really like the way the tools are able to work with the people."
 

Cons

"There is currently no cloud solution and this would be valuable for many clients."
"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."
"There are no ready models to use in analytics."
"A colleague of mind mentioned that the solution should have more options for the visualization of data."
"We are hoping that the NLP features will also support Chinese characters."
"The solution could improve in the visualization."
"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."
"The solution can be quite complex in some aspects."
"We would like to see it less as one big, massive product, but more based on smaller services that we can then roll out to consumers."
"We would like to see it more web-based with more functionality."
"One area that could be improved is the backup and restoration of the database and the overall database configuration."
"The initial setup was complex."
"The solution's interface is very slow at times."
"Watson Studio would be improved with a clearer path for the deployment of docker images."
"The decision making in their decision making feature is less good than other options."
"The main challenge lies in visibility and ease of use."
 

Pricing and Cost Advice

"I don't know much about the licensing, but there are some additional costs for certain features."
"It's probably on the pricey side, but they provide some really useful ways to grow and test."
"It is an expensive solution."
"The price for Alteryx Designer is reasonable but the price for Alteryx Server for universal collaborations is too expensive."
"ROI is huge. There are some secondary benefits, like analysts getting their post 5 PM time back or the ability to shorten all closing processes to a half or less."
"It has a good price."
"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."
"The cost of Alteryx is approximately $2,900 annually."
"Watson Studio's pricing is reasonable for what you get."
"IBM Watson Studio is a reasonably priced product"
"The pricing is generally reasonable and straightforward but can vary significantly depending on the specific workloads in use."
"IBM Watson Studio is an expensive solution."
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Top Industries

By visitors reading reviews
Financial Services Firm
24%
Manufacturing Company
9%
Computer Software Company
9%
Healthcare Company
6%
Financial Services Firm
15%
Computer Software Company
12%
Manufacturing Company
10%
Educational Organization
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 is your experience regarding pricing and costs for IBM Watson Studio?
The pricing of Watson Studio is justified by the benefits and power it offers.
What needs improvement with IBM Watson Studio?
One area that could be improved is the backup and restoration of the database and the overall database configuration. There were also challenges with programming the network extension in the last p...
 

Comparisons

 

Also Known As

No data available
Watson Studio, IBM Data Science Experience, Data Science Experience, DSx
 

Overview

 

Sample Customers

AnalyticsIq Inc., belk, BloominBrands Inc., Cardinalhealth, Cineplex, Dairy Queen
GroupM, Accenture, Fifth Third Bank
Find out what your peers are saying about Alteryx vs. IBM Watson Studio and other solutions. Updated: April 2025.
848,716 professionals have used our research since 2012.