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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
7.0
Number of Reviews
82
Ranking in other categories
Predictive Analytics (1st), Data Preparation Tools (1st)
MathWorks Matlab
Ranking in Data Science Platforms
15th
Average Rating
8.6
Reviews Sentiment
5.2
Number of Reviews
4
Ranking in other categories
No ranking in other categories
 

Mindshare comparison

As of July 2025, in the Data Science Platforms category, the mindshare of Alteryx is 5.9%, down from 7.5% compared to the previous year. The mindshare of MathWorks Matlab is 0.9%, up from 0.6% 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.
Ioannis Kalathas - PeerSpot reviewer
Creating digital twins significantly reduces time for marine engine diagnostics
MathWorks Matlab has numerous libraries, making it challenging to have a holistic understanding of all of them. I can only speak about the libraries I have used. Additional GUIs and add-ons for MathWorks Matlab would help, especially for users who are not familiar with the software. The cost is a significant concern. While university pricing is reasonable, a cheaper version with fewer libraries would be beneficial. In Greece, we struggle to purchase licenses, and we also use Ansys. There are technical differences in simulation, but the price of MathWorks Matlab is too high for a Greek mechanic to use it. A license with fewer features would be more appropriate.

Quotes from Members

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

Pros

"I like the solution's velocity, the speed with which it processes data, and its ease of use."
"The most valuable feature of Alteryx is the intelligence suite."
"The Alteryx designer has been the most useful feature in the solution."
"The drag-and-drop features are useful for data scientists who do not like to code because it is already in the system."
"Alteryx has made us more agile and increased the speed and effectiveness of decision making."
"The drag and drop and layout is simple to understand, with intuitive names of features."
"I think the most valuable feature for Alteryx in a health facility is that it permits cleaning, organizing, and merging of databases such as Excel and Access."
"The drag and drop and layout is simple to understand, with intuitive names of features."
"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."
"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."
 

Cons

"Even when it already includes some AI models, this area could be improved."
"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 data integration component could most likely be improved to increase enterprise scalability."
"I think better visualization would be helpful to this solution."
"I think sometimes the solution doesn't load properly or takes so much time for the workflows. Though the workflow runs and completes the file in Excel, if you use the same formula, it's a bit slow. Also, the image processing is not so good because I tried to do some image processing and they were like, sometimes they put two to eight. In the document, it was two, but the OCR predicted it as eight."
"There is currently no cloud solution and this would be valuable for many clients."
"From a commercial standpoint, more options should be available for pricing. The licensing model needs to be specific."
"Deep learning models are not currently supported."
"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."
"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."
 

Pricing and Cost Advice

"While it offers extensive features, including predictive analytics, for those who mainly use it for data preparation and blending, the cost can be prohibitive."
"Alteryx isn't extortionately expensive, but it's not cheap either."
"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 desktop platform costs $5,000 per year. It's very costly."
"Alteryx is generally more suited for medium—to large companies due to its potentially high licensing costs."
"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 is $4,000 a year, so it is cheap versus other solutions. It also accomplishes three times the volume on the job in the same time (as the other solutions).​"
"Alteryx is an expensive solution."
"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
24%
Computer Software Company
10%
Manufacturing Company
9%
Healthcare Company
5%
Real Estate/Law Firm
9%
Comms Service Provider
9%
Computer Software Company
9%
Manufacturing Company
8%
 

Company Size

By reviewers
Large Enterprise
Midsize Enterprise
Small Business
No data available
 

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?
The pricing for the software itself is reasonable, and I didn't encounter any additional costs beyond the initial purchase or license.
What needs improvement with MathWorks Matlab?
One area where the product could improve is in the ease of learning. The syntax can be challenging for first-time programmers or those unfamiliar with specialized languages. Also, while the communi...
 

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: June 2025.
861,524 professionals have used our research since 2012.