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Alteryx vs MathWorks Matlab 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
6th
Average Rating
8.4
Reviews Sentiment
7.0
Number of Reviews
83
Ranking in other categories
Predictive Analytics (1st), Data Preparation Tools (1st)
MathWorks Matlab
Ranking in Data Science Platforms
14th
Average Rating
8.8
Reviews Sentiment
5.5
Number of Reviews
5
Ranking in other categories
No ranking in other categories
 

Mindshare comparison

As of January 2026, in the Data Science Platforms category, the mindshare of Alteryx is 4.2%, down from 6.6% compared to the previous year. The mindshare of MathWorks Matlab is 1.6%, up from 0.5% compared to the previous year. It is calculated based on PeerSpot user engagement data.
Data Science Platforms Market Share Distribution
ProductMarket Share (%)
Alteryx4.2%
MathWorks Matlab1.6%
Other94.2%
Data Science Platforms
 

Featured Reviews

Theresa McLaughlin - PeerSpot reviewer
Senior Capacity Planner at a financial services firm with 10,001+ employees
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.
RB
Business Owner at SASS GmbH
Versatile system empowers users with advanced algorithm development and seamless integration capabilities
The application is pretty good, and I don't really complain. For my purposes, MathWorks Matlab is perfect because it's very versatile; it is not out-of-the-box of course, and you have to program everything yourself. If you are experienced enough, you can do many things which other programs, for instance, SPSS, cannot do, as you need to program it—it's a fourth-generation programming language. In the future of MathWorks Matlab, I would appreciate the addition of many AI features, as there are a lot of machine learning capabilities and many AI features in the visual scene, although I don't need those because I use this feature data and don't work on pictures or images. However, you can work on images and can then do deep learning and that stuff, which is one of the real strengths of MathWorks Matlab.

Quotes from Members

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

Pros

"I have been pretty satisfied with Alteryx's data blending feature as it is quite easy to use as a non-code platform."
"Alteryx has made us more agile and increased the speed and effectiveness of decision making."
"The solution has a very strong community that is involved in the product. It helps make the usage easier and helps us find answers to our questions."
"There are a lot of good customization capabilities."
"The product's most valuable features include its ease of use for non-technical users and machine learning capabilities."
"Automation is the most valuable aspect for us. The ability to wrap business logic around the data is very helpful."
"Alteryx is user-friendly and allows easy creation of workflows compared to Informatica PowerCenter."
"It's super easy to learn how to use it — the learning curve is very small."
"The tool's most valuable feature is the Simulink environment. This feature provides an incredible capability to visually represent the system behavior before creating the code. It allows you to see the flow and interactions of the system, which is extremely beneficial for software development. With this visual representation, you can better understand the system's behavior, make necessary adjustments, and ensure maintenance and updates. This capability is why I love working with the product."
"Personally for me, because I do a lot of development, I like that it is easy to test mathematical algorithms with several matrix calculations. It's perfect for that."
"What I appreciate about MathWorks Matlab is that it is the most versatile program system I know; there are so many toolboxes which I don't need, as I mostly work with statistics, but it's amazing how many functions there are."
"The platform's most valuable feature is its field-specific packages, which make it very easy to use."
"Making digital twins saves significant time; checking something in simulation is more cost-effective—for instance, with marine engines, we typically need about 10 years of checking to find misfires, but with MathWorks Matlab, we can complete it in one month."
 

Cons

"They should make the solution user-friendly for nontechnical people by giving specific names to the options."
"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."
"It would be beneficial if Alteryx could lower its price or introduce a loyalty program for individual consultants and freelancers like me."
"The server is too expensive for what you get and it really a designer desktop on a server."
"The only weakness I would say is on the visualization side of having that dynamic incapability."
"Alteryx can improve the model management and deployment processing of large workloads."
"When a process completes there is a notification, but the notification does not include the process's name."
"It would be great to create the final users' visualization within Alteryx."
"To make use of the GPU, you have to have an Nvidia card. What I would want it to do is to run in Next Generation with Intel or AMD, and not just with Nvidia."
"It is not out-of-the-box of course, and you have to program everything yourself."
"One area where the product could improve is in the ease of learning."
"In the area of improvement, sometimes there are issues with the speed of MathWorks Matlab, particularly in the Simulink environment. The tool's latest versions can be slow to open, taking significant time to load. Additionally, saving data and integrating models can also be time-consuming processes."
 

Pricing and Cost Advice

"My organization pays for it, and I do not look into the financial aspect of the licensing, but I know it is pretty expensive."
"While it offers extensive features, including predictive analytics, for those who mainly use it for data preparation and blending, the cost can be prohibitive."
"Opt for the three year subscription. It is 20% less than the yearly one."
"The designer has a list price of $5,995 USD."
"There is a license required for this solution."
"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."
"The license is really expensive, we cannot afford to have two or three. It takes away all the budget of my area."
"We have a single user license. Support and add-ons are an extra fee."
"The pricing for the software itself is reasonable, and I didn't encounter any additional costs beyond the initial purchase or license."
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Top Industries

By visitors reading reviews
Financial Services Firm
23%
Manufacturing Company
9%
Computer Software Company
8%
Retailer
6%
Computer Software Company
14%
Comms Service Provider
8%
Government
7%
Educational Organization
7%
 

Company Size

By reviewers
Large Enterprise
Midsize Enterprise
Small Business
By reviewers
Company SizeCount
Small Business31
Midsize Enterprise15
Large Enterprise53
By reviewers
Company SizeCount
Small Business2
Midsize Enterprise1
Large Enterprise4
 

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 do you like most about MathWorks Matlab?
The tool's most valuable feature is the Simulink environment. This feature provides an incredible capability to visually represent the system behavior before creating the code. It allows you to see...
What is your experience regarding pricing and costs for MathWorks Matlab?
Regarding the pricing part and licensing cost for MathWorks Matlab, it is not cheap, but it depends on the functions you need. You don't need all of them; you may just require a few and then it's r...
What needs improvement with MathWorks Matlab?
The application is pretty good, and I don't really complain. For my purposes, MathWorks Matlab is perfect because it's very versatile; it is not out-of-the-box of course, and you have to program ev...
 

Comparisons

 

Overview

Information not available
 

Sample Customers

AnalyticsIq Inc., belk, BloominBrands Inc., Cardinalhealth, Cineplex, Dairy Queen
Information Not Available
Find out what your peers are saying about Alteryx vs. MathWorks Matlab and other solutions. Updated: December 2025.
879,927 professionals have used our research since 2012.