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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
5th
Average Rating
8.4
Reviews Sentiment
6.9
Number of Reviews
87
Ranking in other categories
Predictive Analytics (1st), Data Preparation Tools (1st)
MathWorks Matlab
Ranking in Data Science Platforms
17th
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 July 2026, in the Data Science Platforms category, the mindshare of Alteryx is 3.8%, down from 5.9% compared to the previous year. The mindshare of MathWorks Matlab is 1.8%, up from 0.9% compared to the previous year. It is calculated based on PeerSpot user engagement data.
Data Science Platforms Mindshare Distribution
ProductMindshare (%)
Alteryx3.8%
MathWorks Matlab1.8%
Other94.4%
Data Science Platforms
 

Featured Reviews

ManojBehera - PeerSpot reviewer
Senior Staff Cyber Security Cloud Data Architect at GE Healthcare
Automated complex ETL workflows have reduced coding effort and improved data integration
One area for improvement is in integrating mostly the data which comes from telemetry, where I can see some sort of improvisations can be made. It is a massive amount of unstructured data, and I believe Alteryx is able to handle it, but there can be some improvements. Suggestions for improvements in Alteryx include areas for increasing efficiency, particularly in processing telemetry data, which involves dealing with large volumes of unstructured data. Additionally, I believe when we use filter tools immediately after the input source, there can be slowdowns when handling massive data. The user experience of Alteryx is generally good, but there are areas for improvement from a user's perspective, particularly regarding user interface enhancements. I think there's always room for improvement, but otherwise, Alteryx has been a great tool for me. We haven't experienced significant disruptions while increasing data volumes, though I sense there could be performance issues as data grows exponentially. This is an area that could use improvement in Alteryx.
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

"You don't have to be tech-savvy or technical to use the solution."
"It has certainly paid for itself on a per-user basis."
"The tools are built-in; you just plug and play, drag and drop, and once you understand how to use the tools, it is easy."
"Overall, I'd have to say the tool is pretty awesome."
"The scheduling within the solution is excellent."
"Alteryx is easier to set up and implement and allowed us to also focus on different aspects of the business."
"The solution offers excellent predicting power. The accuracy and confidence have been great."
"I like the solution's velocity, the speed with which it processes data, and its ease of use."
"This solution is pretty good, I truly enjoy it."
"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."
"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."
"The platform's most valuable feature is its field-specific packages, which make it very easy to use."
"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."
"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."
 

Cons

"Alteryx's predictive data models are pretty average and can be improved."
"It's more expensive than Tableau, for example."
"Based on my experience, I would not recommend Alteryx to others. I would encourage developing internal capabilities over using Alteryx as a solution."
"There could be a bit of improvement related to performance. Sometimes it demands a lot of resources for running it, like memory and search."
"The next feature release should include easier reporting."
"I'd like it to be easier to work with PDF."
"The solution could improve in the visualization."
"It is not cheap."
"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."
"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."
"To make use of the GPU, you have to have an Nvidia card."
"The cost is a significant concern; while university pricing is reasonable, a cheaper version with fewer libraries would be beneficial."
"One area where the product could improve is in the ease of learning."
"It is not out-of-the-box of course, and you have to program everything yourself."
 

Pricing and Cost Advice

"We have a yearly cost that we pay for the licensing. We do not pay any costs in addition to the licensing fees."
"There are some implementation services and internal effort costs at the beginning but there is nothing else."
"The seat is too expensive."
"Alteryx is generally more suited for medium—to large companies due to its potentially high licensing costs."
"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."
"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."
"Opt for the three year subscription. It is 20% less than the yearly one."
"The pricing for the software itself is reasonable, and I didn't encounter any additional costs beyond the initial purchase or license."
"We have a single user license. Support and add-ons are an extra fee."
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Top Industries

By visitors reading reviews
Financial Services Firm
20%
Manufacturing Company
8%
Construction Company
7%
Computer Software Company
6%
Construction Company
11%
Computer Software Company
9%
Comms Service Provider
9%
Government
8%
 

Company Size

By reviewers
Large Enterprise
Midsize Enterprise
Small Business
By reviewers
Company SizeCount
Small Business33
Midsize Enterprise16
Large Enterprise56
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 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...
What is your primary use case for MathWorks Matlab?
I am working with MathWorks Matlab for statistics and machine learning, though I don't know which version I have, but I guess it is 21 or so. I don't care because the things I'm doing haven't chang...
 

Overview

 

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: June 2026.
904,146 professionals have used our research since 2012.