Altair Monarch vs. Clear Analytics

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Altair Monarch
Score 8.0 out of 10
N/A
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…N/A
Clear Analytics
Score 8.8 out of 10
Enterprise companies (1,001+ employees)
Clear Analytics is a business intelligence solution that enables non technical end users to perform analytics by leveraging existing knowledge of Excel coupled with a built in query builder. Some key features include: Dynamic Data Refresh, Data Share and In-Excel Collaboration.
$29
Per Seat per Month
Pricing
Altair MonarchClear Analytics
Editions & Modules
No answers on this topic
Personal
$29
Per Seat per Month
Team
$165
upto 10 Seat per Month
Department
$265
upto 25 Seat per month
Organization
$565
Upto 100 per seat per month
Offerings
Pricing Offerings
Altair MonarchClear Analytics
Free Trial
YesYes
Free/Freemium Version
YesNo
Premium Consulting/Integration Services
YesYes
Entry-level Setup FeeOptional$800 Initial OnBoarding
Additional Details—Certain Enterprise level features can be made available to Small Business edition at additional cost. Such services include Scheduler and OLAP connectivity. Custom adapters can also be created to connect to SaaS services.
More Pricing Information
Features
Altair MonarchClear Analytics
BI Standard Reporting
Comparison of BI Standard Reporting features of Product A and Product B
Altair Monarch
-
Ratings
Clear Analytics
9.0
8 Ratings
10% above category average
Pixel Perfect reports00 Ratings9.08 Ratings
Customizable dashboards00 Ratings9.18 Ratings
Report Formatting Templates00 Ratings8.78 Ratings
Ad-hoc Reporting
Comparison of Ad-hoc Reporting features of Product A and Product B
Altair Monarch
-
Ratings
Clear Analytics
8.9
8 Ratings
10% above category average
Drill-down analysis00 Ratings9.28 Ratings
Formatting capabilities00 Ratings8.78 Ratings
Report sharing and collaboration00 Ratings8.98 Ratings
Report Output and Scheduling
Comparison of Report Output and Scheduling features of Product A and Product B
Altair Monarch
-
Ratings
Clear Analytics
9.0
8 Ratings
8% above category average
Publish to Web00 Ratings9.08 Ratings
Publish to PDF00 Ratings9.17 Ratings
Report Versioning00 Ratings8.98 Ratings
Report Delivery Scheduling00 Ratings8.87 Ratings
Data Discovery and Visualization
Comparison of Data Discovery and Visualization features of Product A and Product B
Altair Monarch
-
Ratings
Clear Analytics
9.0
8 Ratings
11% above category average
Pre-built visualization formats (heatmaps, scatter plots etc.)00 Ratings8.98 Ratings
Location Analytics / Geographic Visualization00 Ratings9.18 Ratings
Access Control and Security
Comparison of Access Control and Security features of Product A and Product B
Altair Monarch
-
Ratings
Clear Analytics
9.3
8 Ratings
9% above category average
Multi-User Support (named login)00 Ratings9.48 Ratings
Role-Based Security Model00 Ratings9.08 Ratings
Multiple Access Permission Levels (Create, Read, Delete)00 Ratings9.48 Ratings
Mobile Capabilities
Comparison of Mobile Capabilities features of Product A and Product B
Altair Monarch
-
Ratings
Clear Analytics
8.6
6 Ratings
8% above category average
Mobile Application00 Ratings8.54 Ratings
Dashboard / Report / Visualization Interactivity on Mobile00 Ratings8.76 Ratings
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User Ratings
Altair MonarchClear Analytics
Likelihood to Recommend
8.1
(6 ratings)
9.0
(8 ratings)
Likelihood to Renew
7.2
(6 ratings)
-
(0 ratings)
Usability
-
(0 ratings)
9.1
(8 ratings)
Support Rating
-
(0 ratings)
9.5
(8 ratings)
User Testimonials
Altair MonarchClear Analytics
Likelihood to Recommend
Altair Engineering, Inc.
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.
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Clear Analytics
Clear Analytics has almost all the features which are mostly required by the organizations for their data analytics and transformation activities. Clear Analytics is built on the support of a parallel query engine which makes it handle large volume requests and also provides optimized results. However, every solution has some limitations, Clear Analytics lacks advanced features such as Predictive Analytics which is a very demanding feature in the market as most organizations are adopting AI/ML automation for their businesses. Also, it needs to add a lot of advanced visualizations so that the user has the choice of selection. Overall a good solution to be recommended.
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Pros
Altair Engineering, Inc.
  • 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.
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Clear Analytics
  • Quick management of the data through Excel thanks to the tools Clear Analytics provides such as filtering different information for an easier view.
  • Ability to add new KPIs to measure different areas of our business.
  • Drag and drop tool which makes an easier usage of Excel.
  • Cost-effective. I find Clear Analytics to be affordable considering the number of features added and the unlimited sharing and editing it provides.
Read full review
Cons
Altair Engineering, Inc.
  • 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.
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Clear Analytics
  • For Charts and Graphs , getting the Power Point Deck would be helpful. As of now we use the data from Excel Reports
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Likelihood to Renew
Altair Engineering, Inc.
Even though we do not utilize it on a daily basis, I do hope my current company renews it's license. If not, I intend to purchase myself.
Read full review
Clear Analytics
No answers on this topic
Usability
Altair Engineering, Inc.
No answers on this topic
Clear Analytics
I have really enjoyed working with Clear Analytics. This platform has contributed to increased production and reliable data control processes. It has flexible user interface that can be operated by any organization member. Reports are shared on simple and transparent way in the dashboard for easy access. Data analytics from all departments have created manageable working environment that have increased production.
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Support Rating
Altair Engineering, Inc.
No answers on this topic
Clear Analytics
I have had multiple scenarios where I had to reach out to the support team of Clear Analytics, be it access-related, general queries, during initial implementation, etc. My overall experience has always been good. I got the needed support every time without any delay. I can definitely recommend Clear Analytics simply on the basis of its excellent support team.
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Alternatives Considered
Altair Engineering, Inc.
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.
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Clear Analytics
There are other great tools that are out there but Clear Analytics is reasonable for our business and provides a lot of features that we specifically needed
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Return on Investment
Altair Engineering, Inc.
  • Data Pump reduces complexity of report solutions by offering a standardized approach for organizing and scheduling
  • 97% service level for past 5 years for all of our jobs going through Data Pump
Read full review
Clear Analytics
  • Super useful to get started immediately
  • Didn't have to rely on migrating data
  • Easy to add members
  • Easy to learn and build charts
Read full review
ScreenShots

Altair Monarch Screenshots

Screenshot of Screenshot of Screenshot of

Clear Analytics Screenshots

Screenshot of Clear Analytics integrated Excel panel essentially transforms standalone Excel into an enterprise strength, fully auditable, collaborative and centralized business intelligence platform.Screenshot of Users have the ability to dynamically query systems and render that data in any way they like.  No more waiting on IT to create reports.Screenshot of Your firms existing knowledge of Excel enables the firm to be product from day 1. Use the skills already present in your organization and don't pay for outside reporting consultants to create reports for you.Screenshot of Leverage the integration capability of Microsoft's Power BI to extend the reach of your data to web and mobile devices.Screenshot of Leverage all of Excels capabilities, from it's slicers to miniature spark-line charts to create incredibly informative and responsive dashboards.