Altair Monarch (formerly Datawatch Monarch, acquired by Altair in December, 2018) works with both relational and multi-structured data including support for a wide range of formats including PDF, XML, HTML, text, spool and ASCII files. The product can access data from invoices, sales reports, balance sheets, customer lists, inventory, logs and more. According to the vendor, the system is easy to use, allowing users to quickly select any data source and automatically convert it into…
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Amazon Tensor Flow
Score 8.0 out of 10
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Amazon TensorFlow enables developers to quickly and easily get started with deep learning in the cloud.
The product is especially useful when you have real-time and/or time series data to analyze. If you have more mundane, simpler requirements, other products might do the job you need for less money (there are even some decent open source visualization tools you can find.) I know the product is very widely used in capital markets applications to monitor and analyze risk and price and volume changes; if you're working in that area, I don't think there's a better tool to use.
A well-suited scenario for using AWS Tensor Flow is when having a project with a geographically dispersed team, a client overseas and large data to use for training. AWS Tensor Flow is less appropriate when working for clients in regions where it hasn't been allowed yet for use. Since smaller clients are in regions where AWS Tensor Flow hasn't been allowed for use, and those clients traditionally don't have enough hardware, this situation deters a wider use of the tool.
Creating a basic model to extract data from a report is very easy.
Advanced features like Calculated Fields and External Lookups allow you to augment the raw data.
You can create a "project" to automate the data extraction. Combined with Datapump (a separate DW app), you can fully automate the process once the raw report is generated.
Amazon Elastic Compute Cloud (EC2) allows resizable compute capacity in the cloud, providing the necessary elasticity to provide services for both, small and medium-sized businesses.
Tensor Flow allows us to train our models much faster than in our on-premise equipment.
Most of the pre-trained models are easy to adapt to our clients' needs.
Recently, we had some major sticker-shock when we wanted to upgrade Data Pump. It is an exceptional product, but when the price jumped from $6,000 to over $60,000, it was impossible to get the funds approved internally for the upgrade.
We also paid for yearly maintenance contracts which included Professional Services, but rarely found those services beneficial. However, we did receive all software upgrades for Datapump as part of the contract which we found to be very beneficial. However, with the new pricing, that is not longer the case.
SageMaker isn't available in all regions. This is complicated for some clients overseas.
For larger instances, when using a GPU, it takes a while to talk to a customer service representative to ask for a limit increase. Given this, it's recommendable to ask in advance for a limit increase in more expensive and larger cases; otherwise, SageMaker will set the limit to zero by default.
Since the data has to be stored in S3 and copied to training, it doesn't allow to test and debug locally. Therefore, we have to wait a lot to check everything after every trail.
Datawatch is very good value of money compared to QlikView; QlikView is really more of a BI tool and has a lot of functions that I didn't need. Datawatch is very strong in the real-time area where Tableau, Panorama, and Qlik don't do very well. If you need to set up a visual monitoring dashboard, Datawatch is the best product I've seen for that. if you want to do a lot of in depth statistical analysis of large databases, Tableau is probably a good option.
Microsoft Azure is better than Amazon Tensor Flow because it provides easier and pre-built capabilities such as Anomaly Detection, Recommendation, and Ranking. AWS is better than IBM Watson ML Studio because it has direct and prebuilt clustering capabilities AWS, like IBM Watson ML Studio, has powerful built-in algorithms, providing a stronger platform when comparing it with MS Azure ML Services and Google ML Engine.
