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Alteryx vs MathWorks Matlab comparison

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Comparison Buyer's Guide

Executive SummaryUpdated on Dec 5, 2024
 

Categories and Ranking

IBM SPSS Statistics
Sponsored
Ranking in Data Science Platforms
9th
Average Rating
8.0
Reviews Sentiment
6.9
Number of Reviews
37
Ranking in other categories
Data Mining (3rd)
Alteryx
Ranking in Data Science Platforms
5th
Average Rating
8.4
Reviews Sentiment
7.0
Number of Reviews
79
Ranking in other categories
Predictive Analytics (1st), Data Preparation Tools (1st)
MathWorks Matlab
Ranking in Data Science Platforms
16th
Average Rating
8.6
Reviews Sentiment
6.5
Number of Reviews
3
Ranking in other categories
No ranking in other categories
 

Mindshare comparison

As of December 2024, in the Data Science Platforms category, the mindshare of IBM SPSS Statistics is 2.7%, up from 2.7% compared to the previous year. The mindshare of Alteryx is 6.8%, down from 8.3% compared to the previous year. The mindshare of MathWorks Matlab is 0.5%, down from 0.9% compared to the previous year. It is calculated based on PeerSpot user engagement data.
Data Science Platforms
 

Featured Reviews

Md Masudul Hassan - PeerSpot reviewer
Comprehensive data analysis capabilities with a user-friendly interface, providing an efficient and reliable platform for researchers and analysts
I believe that offering short-term SPSS licenses, perhaps when customer sourcing is available, could make it more affordable. These licenses shouldn't include features tailored for universities or large sales organizations. Instead, they could offer discounts or additional facilities for smaller entities to access the software. In developing countries, it would be beneficial to provide certain features to users at no cost initially, while also customizing pricing options. For example, offering basic features to the first hundred users can help them become familiar with the software and its capabilities. This approach encourages users to upgrade to higher tiers as they become more experienced and require additional functionality.
Vivek Vaibhav - PeerSpot reviewer
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.
Neha Wanjari - PeerSpot reviewer
Has Simulink feature which helps with visual representations
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. The solution's UI has greatly supported my development process. I would rate it an eight point five out of ten for its user interface. It's easy to explain how a system works, especially if I've created a model in the Simulink environment. Integrating it with other languages or tools has always benefited my projects. Even though I've only used two languages, it has been advantageous overall.

Quotes from Members

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

Pros

"The most valuable feature of IBM SPSS Statistics is all the functionality it provides. Additionally, it is simple to do the five-way analysis that you can into multidimensional setup space. It's the multidimensional space facility that is most useful."
"The most valuable feature is the user interface because you don't need to write code."
"The learning curve to using this product is not steep. The program is appropriate for those who do not have a lot of background in programming, yet have to perform basic statistical analysis."
"SPSS is quite robust and quicker in terms of providing you the output."
"The most valuable features are the small learning curve and its ability to hold a lot of data."
"The solution is very comprehensive, especially compared to Minitabs, which is considered more for manufacturing. However, whatever data you want to analyze can be handled with SPSS."
"The software offers consistency across multiple research projects helping us with predictive analytics capabilities."
"I've found the descriptive statistics and cross-tabs valuable. The very simple correlations and regressions are as well."
"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."
"Alteryx significantly reduces the time spent searching for specific information."
"Alteryx makes it easy for the end customer to see clean data in a structured form."
"The scheduling feature for the automation is excellent."
"Alteryx is a simple and easy-to-use solution."
"The philosophy of the citizen data scientist is the key piece, which means the no-code analytics capability. This is the feature that attracted us the most."
"The drag-and-drop functionality, the ready-to-use analytics module, and the ability to track my data pipelines visually are the solution's most valuable features."
"The product is very stable and super fast, five-star. It's significantly more stable than it's nearest competitor."
"The platform's most valuable feature is its field-specific packages, which make it very easy to use."
"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 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

"I know that SPSS is a statistical tool but it should also include a little bit of analytical behavior. You can call it augmented analysis or predictive analysis. The bottom line is it should have more graphical and analytical capabilities."
"I feel that when it comes to conducting multiple analyses, there could be more detailed information provided. Currently, the software gives a summary and an overview, but it would be beneficial to have specific details for each product or variable."
"In developing countries, it would be beneficial to provide certain features to users at no cost initially, while also customizing pricing options."
"It could provide even more in the way of automation as there are many opportunities."
"SPSS is a tool that's been around since the late 60s, and it's the universal worldwide standard for quantitative social science data analysis. That said, it does seem a bit strange to me that the graphical output functions are so clunky after all these years. The output of charts and graphs that SPSS produces is hideous."
"If there is any self-generation data collection plan (DCP), it would be helpful in gathering data. It would also be useful if there is a function to scale it up to, let's say, UiPath and have it consolidate and integrate into a UiPath solution."
"It could allow adding color to data models to make them easier to interpret."
"The product should provide more ways to import data and export results that are user-friendly for high-level executives."
"The learning curve is long, and there is lack of e-learning; the tool is not user-friendly to a non-technical user."
"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."
"It should have Linux support. It currently supports only Windows. It does not support any other platform. Its price should also be lower. Their US partner management program is actually unresponsive. One of the reasons why we don't have a formalized partnership plan with them is because their partner management team is atrociously unresponsive. This is something that they need to change."
"The data integration component could most likely be improved to increase enterprise scalability."
"A feature which allows the user to be able to click on an output (in a file browser) and see the creation of the module would be fantastic."
"The tool could include more native connectors, such as for global ERPs, instead of requiring additional fees for these connections."
"The formula we currently use in Alteryx can be automated."
"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."
"One area where the product could improve is in the ease of learning."
 

Pricing and Cost Advice

"SPSS is an expensive piece of software because it's incredibly complex and has been refined over decades, but I would say it's fairly priced."
"I rate the tool's pricing a five out of ten."
"Our licence is on a yearly renewal basis. While pricing is not the primary concern in our evaluation, as products are assessed by whether they can meet our user needs and expertise, the cost can be a limiting factor in the number of licences we procure."
"More affordable training for new staff members."
"The price of this solution is a little bit high, which was a problem for my company."
"While the pricing of the product may be higher, the accompanying service and features justify the investment."
"If it requires lot of data processing, maybe switching to IBM SPSS Clementine would be better for the buyer."
"The price of IBM SPSS Statistics could improve."
"It is an expensive solution."
"The designer license costs 5000 euros. The server edition is 1000 euros."
"I rate the tool's pricing a two out of ten."
"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 is generally more suited for medium—to large companies due to its potentially high licensing costs."
"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."
"It's probably on the pricey side, but they provide some really useful ways to grow and test."
"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
17%
Computer Software Company
9%
University
8%
Manufacturing Company
8%
Financial Services Firm
24%
Manufacturing Company
10%
Computer Software Company
9%
Healthcare Company
6%
University
12%
Manufacturing Company
11%
Educational Organization
11%
Computer Software Company
8%
 

Company Size

By reviewers
Large Enterprise
Midsize Enterprise
Small Business
No data available
 

Questions from the Community

What do you like most about IBM SPSS Statistics?
The software offers consistency across multiple research projects helping us with predictive analytics capabilities.
What is your experience regarding pricing and costs for IBM SPSS Statistics?
The cost of IBM SPSS Statistics is managed by organizations, not individual researchers. It is a very expensive produ...
What needs improvement with IBM SPSS Statistics?
IBM SPSS Statistics does not keep you close to your data like KNIME. In KNIME, at every stage, you can see the result...
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 direc...
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, ...
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...
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 visua...
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 pur...
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 pro...
 

Also Known As

SPSS Statistics
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Learn More

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Overview

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Sample Customers

LDB Group, RightShip, Tennessee Highway Patrol, Capgemini Consulting, TEAC Corporation, Ironside, nViso SA, Razorsight, Si.mobil, University Hospitals of Leicester, CROOZ Inc., GFS Fundraising Solutions, Nedbank Ltd., IDS-TILDA
AnalyticsIq Inc., belk, BloominBrands Inc., Cardinalhealth, Cineplex, Dairy Queen
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Find out what your peers are saying about Alteryx vs. MathWorks Matlab and other solutions. Updated: December 2024.
824,067 professionals have used our research since 2012.