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Alteryx vs ThoughtSpot comparison

 

Comparison Buyer's Guide

Executive Summary
 

Categories and Ranking

Alteryx
Average Rating
8.4
Number of Reviews
77
Ranking in other categories
Predictive Analytics (1st), Data Science Platforms (4th), Data Preparation Tools (1st)
ThoughtSpot
Average Rating
7.6
Number of Reviews
8
Ranking in other categories
BI (Business Intelligence) Tools (17th), Data Visualization (11th), Embedded BI (7th)
 

Featured Reviews

Vivek Vaibhav - PeerSpot reviewer
Mar 11, 2024
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.
Anthony Fiorino - PeerSpot reviewer
Nov 14, 2022
You can drill down into any data right out of the box, with a straightforward deployment, and great support
The most valuable feature is probably the core functionality itself, which is the ability to search and drill down into any data right out of the box. Of course, there's data modeling needed, and things like that, but I can throw it at a set, and I can get up and running in a matter of hours. If a new group comes to me and says, "Hey, I've heard about ThoughtSpot. I have some data and I want to be able to do some analytics, do some profiling, do some BI against it." In a couple of hours, I connect to their source and I just do it. Now for a production product, we have to model and perform it over time, but at least I can get people up and running extremely fast with a tool that's intuitive and easy to use.

Quotes from Members

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

Pros

"One-stop shop for data preparation, blending, prediction, and optimization in a single workflow."
"The data transformation feature is the most valuable. The ability to ingest data, visualize data, and transform that data is useful."
"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 is a simple and easy-to-use solution."
"The most valuable feature is user-friendliness, as Alteryx can be used by those without any coding experience or experienced data scientists as it has the functionality to embed R and Python scripts."
"The value add of Alteryx is the agility for making changes, and speed of deployment."
"Geo features have made spatial mapping large retail universes possible."
"Its initial setup is easy."
"I would say the return on investment is good. Whatever we invested, we got results. We have been finding it easy to use and onboard new use cases."
"The initial setup was very straightforward."
"It's easy to drill down or expand data to get more details right out of the box."
"It is easy to set up the solution."
"ThoughtSpot takes the modifying of existing reports out of our hands."
"The scalability is good."
"The ability to do ad hoc explorations of data has been most valuable."
"I like ThoughtSpot's search capabilities. You can also create custom analytics even if you aren't an experienced data analyst. We have users with no data analytics experience making some of the dashboards we've created, copying components, and customizing them to their specific use cases."
 

Cons

"It would be great to create the final users' visualization within Alteryx."
"Its most valuable feature lies in its functionality."
"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 next feature release should include easier reporting."
"The solution could improve in the visualization."
"The product could benefit from improved integration with visualization tools or even the inclusion of built-in visualization features."
"There is currently no cloud solution and this would be valuable for many clients."
"The solution is improving continuously. They have, for example, just added automatic insights. If they continue to improve on their overall service offering, that would be ideal."
"The most difficult thing I found is that it only deals with the files and does not have direct connectivity to databases."
"A customized visualization is lacking in this product."
"In terms of features, I'd like to be able to pivot data - for example, going from rows to columns. It's not easy to do."
"The one area of the solution that I do hear needs improvement is on the visualization front."
"The dashboards could give you more ability to fine tune the appearance. You get a great deal more control over how something looks in Power BI than you do in ThoughtSpot."
"I would like to see more flexibility in adding the pins. Currently, we have four different sizes in which I can add pins, but I would like to be able to resize my pins."
"If I want to order columns, this feature is not there."
"ThoughtSpot is a fairly new product, so some usability aspects aren't as mature as we'd like them to be. One example is their organizational methodology, like how objects are organized in their dashboards inside the product. They're all on a flat list, which works if you've got five or 10 dashboards. However, it's insufficient when you're a large enterprise with multiple groups looking at the same dashboards. It isn't organized well."
 

Pricing and Cost Advice

"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's probably on the pricey side, but they provide some really useful ways to grow and test."
"Opt for the three year subscription. It is 20% less than the yearly one."
"It's very expensive. I'd rate it a four out of ten in terms of the price. It's great for big companies but not for small companies."
"We have a yearly cost that we pay for the licensing. We do not pay any costs in addition to the licensing fees."
"There is a license required for this solution."
"The cost of the solution could be reduced."
"I rate the tool's pricing a two out of ten."
"I give the pricing a six out of ten."
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Top Industries

By visitors reading reviews
Financial Services Firm
24%
Manufacturing Company
10%
Computer Software Company
8%
Healthcare Company
6%
Financial Services Firm
24%
Computer Software Company
11%
Manufacturing Company
10%
Healthcare Company
7%
 

Company Size

By reviewers
Large Enterprise
Midsize Enterprise
Small Business
 

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 ThoughtSpot?
It's easy to drill down or expand data to get more details right out of the box.
What is your experience regarding pricing and costs for ThoughtSpot?
I like the pricing structure. I get billed by how much data I put in, not how many people are looking at the data. It's better for me as I can control pricing a bit more easily.
What needs improvement with ThoughtSpot?
We'd like more flexibility with the calendar as our fiscal year does not align with the calendar year. We have to load or create our own custom calendar to actually need our fiscal year-end. With o...
 

Comparisons

 

Overview

 

Sample Customers

AnalyticsIq Inc., belk, BloominBrands Inc., Cardinalhealth, Cineplex, Dairy Queen
Primary Capital Mortgage, Sterling Backcheck, RichRelevance, Rambus, Batteries Plus Bulbs
Find out what your peers are saying about Alteryx, SAP, RapidMiner and others in Predictive Analytics. Updated: November 2024.
814,649 professionals have used our research since 2012.