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Alteryx vs MathWorks Matlab comparison

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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
16th
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 September 2026, in the Data Science Platforms category, the mindshare of Alteryx is 3.6%, down from 5.9% compared to the previous year. The mindshare of MathWorks Matlab is 1.8%, up from 1.1% compared to the previous year. It is calculated based on PeerSpot user engagement data.
Data Science Platforms Mindshare Distribution
ProductMindshare (%)
Alteryx3.6%
MathWorks Matlab1.8%
Other94.6%
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

"I found Alteryx's ability to modify data on the fly, using in-memory processing, very useful."
"The GUI is simple and it integrates with Python."
"All of the data science features in terms of unioning and joining data together are valuable."
"I like that I can merge data from different sources into one place."
"The modeling features are very good."
"The main benefits that Alteryx provides for me are that it is easier to use, I do not have to code anything, so it is a non-coding tool, and it saves my time in that aspect."
"Alteryx integrates well; I can read data from a database on the web and import it into my Alteryx database, and it is very easy to use and quite user-friendly, which I enjoy."
"The design portion of this tool is easy to use without code, which his something that something we can appreciate."
"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."
"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."
"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."
"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."
 

Cons

"They can provide some pre-built tools for predictive analytics instead of us having to build all the tools. It should also be improved from the visualization aspect. It should have better visualization capabilities. There are tools out there that have better visualization capabilities, which Alteryx is lacking currently."
"The event handling, such that the file system watcher, is in need of improvement."
"The license is really expensive, we cannot afford to have two or three."
"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."
"I'd like to see more artificial intelligence business tools or features in Alteryx."
"Deep learning models are not currently supported."
"The only weakness I would say is on the visualization side of having that dynamic incapability."
"Configuration is very low and is not good for the customer end."
"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."
"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."
"The cost is a significant concern; while university pricing is reasonable, a cheaper version with fewer libraries would be beneficial."
"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

"Its price should be lower. The key thing that we see is that talking about ROI is an important element at the time of purchase. Cost becomes a factor in every discussion. Justifying the ROI for these kinds of workflows is always a challenge, and the only way to counter the challenge is by addressing the pricing."
"The cost of the solution could be reduced."
"I rate the solution's pricing as a ten, as it is highly priced."
"We use the free version of the solution. There are enterprise licenses available. It cost approximately $5,000 annually. It is an expensive solution and there are additional features that cost more money."
"It is an expensive solution."
"The license is really expensive, we cannot afford to have two or three. It takes away all the budget of my area."
"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).​"
"The desktop platform costs $5,000 per year. It's very costly."
"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
19%
Manufacturing Company
8%
Construction Company
7%
Computer Software Company
6%
Construction Company
14%
Comms Service Provider
10%
Computer Software Company
8%
Manufacturing Company
7%
 

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
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Find out what your peers are saying about Alteryx vs. MathWorks Matlab and other solutions. Updated: August 2026.
911,602 professionals have used our research since 2012.