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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Anaconda
Score 8.6 out of 10
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Anaconda provides access to the foundational open-source Python and R packages used in modern AI, data science, and machine learning. These enterprise-grade solutions enable corporate, research, and academic institutions around the world to harness open-source for competitive advantage and research. Anaconda also provides enterprise-grade security to open-source software through the Premium Repository.
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Altair Monarch
Anaconda
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Free Tier
$0
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Starter Tier
$9
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Business Tier
$50
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Enterprise Tier
60.00+
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Altair Monarch
Anaconda
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Premium Consulting/Integration Services
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Community Pulse
Altair Monarch
Anaconda
Features
Altair Monarch
Anaconda
Platform Connectivity
Comparison of Platform Connectivity features of Product A and Product B
Altair Monarch
-
Ratings
Anaconda
9.3
25 Ratings
11% above category average
Connect to Multiple Data Sources
00 Ratings
9.822 Ratings
Extend Existing Data Sources
00 Ratings
8.024 Ratings
Automatic Data Format Detection
00 Ratings
9.721 Ratings
MDM Integration
00 Ratings
9.614 Ratings
Data Exploration
Comparison of Data Exploration features of Product A and Product B
Altair Monarch
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Ratings
Anaconda
8.5
25 Ratings
1% above category average
Visualization
00 Ratings
9.025 Ratings
Interactive Data Analysis
00 Ratings
8.024 Ratings
Data Preparation
Comparison of Data Preparation features of Product A and Product B
Altair Monarch
-
Ratings
Anaconda
9.0
26 Ratings
10% above category average
Interactive Data Cleaning and Enrichment
00 Ratings
8.823 Ratings
Data Transformations
00 Ratings
8.026 Ratings
Data Encryption
00 Ratings
9.719 Ratings
Built-in Processors
00 Ratings
9.620 Ratings
Platform Data Modeling
Comparison of Platform Data Modeling features of Product A and Product B
Altair Monarch
-
Ratings
Anaconda
9.2
24 Ratings
9% above category average
Multiple Model Development Languages and Tools
00 Ratings
9.023 Ratings
Automated Machine Learning
00 Ratings
8.921 Ratings
Single platform for multiple model development
00 Ratings
10.024 Ratings
Self-Service Model Delivery
00 Ratings
9.019 Ratings
Model Deployment
Comparison of Model Deployment features of Product A and Product B
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.
I have asked all my juniors to work with Anaconda and Pycharm only, as this is the best combination for now. Coming to use cases: 1. When you have multiple applications using multiple Python variants, it is a really good tool instead of Venv (I never like it). 2. If you have to work on multiple tools and you are someone who needs to work on data analytics, development, and machine learning, this is good. 3. If you have to work with both R and Python, then also this is a good tool, and it provides support for both.
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.
Anaconda is a one-stop destination for important data science and programming tools such as Jupyter, Spider, R etc.
Anaconda command prompt gave flexibility to use and install multiple libraries in Python easily.
Jupyter Notebook, a famous Anaconda product is still one of the best and easy to use product for students like me out there who want to practice coding without spending too much money.
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.
I used R Studio for building Machine Learning models, Many times when I tried to run the entire code together the software would crash. It would lead to loss of data and changes I made.
It's really good at data processing, but needs to grow more in publishing in a way that a non-programmer can interact with. It also introduces confusion for programmers that are familiar with normal Python processes which are slightly different in Anaconda such as virtualenvs.
I am giving this rating because I have been using this tool since 2017, and I was in college at that time. Initially, I hesitated to use it as I was not very aware of the workings of Python and how difficult it is to manage its dependency from project to project. Anaconda really helped me with that. The first machine-learning model that I deployed on the Live server was with Anaconda only. It was so managed that I only installed libraries from the requirement.txt file, and it started working. There was no need to manually install cuda or tensor flow as it was a very difficult job at that time. Graphical data modeling also provides tools for it, and they can be easily saved to the system and used anywhere.
Anaconda provides fast support, and a large number of users moderate its online community. This enables any questions you may have to be answered in a timely fashion, regardless of the topic. The fact that it is based in a Python environment only adds to the size of the online community.
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.
I have experience using RStudio oustide of Anaconda. RStudio can be installed via anaconda, but I like to use RStudio separate from Anaconda when I am worin in R. I tend to use Anaconda for python and RStudio for working in R. Although installing libraries and packages can sometimes be tricky with both RStudio and Anaconda, I like installing R packages via RStudio. However, for anything python-related, Anaconda is my go to!
It has helped our organization to work collectively faster by using Anaconda's collaborative capabilities and adding other collaboration tools over.
By having an easy access and immediate use of libraries, developing times has decreased more than 20 %
There's an enormous data scientist shortage. Since Anaconda is very easy to use, we have to be able to convert several professionals into the data scientist. This is especially true for an economist, and this my case. I convert myself to Data Scientist thanks to my econometrics knowledge applied with Anaconda.