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Altair Monarch vs. Explorium vs. IBM Watson Studio on Cloud Pak for Data

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    Overview
    ProductRatingMost Used ByProduct SummaryStarting Price

    Altair Monarch

    Score8 out of 10
    N/AAltair 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

    Explorium

    Score7.7 out of 10
    N/AExplorium, headquartered in San Mateo, provides an External Data Platform that automatically discovers thousands of relevant data signals and uses them to improve analytics and machine learning. The automated Explorium Platform enables organizations to discover and use third party data to improve predictions and ML model performance. With faster, better insights, organizations can increase revenue, streamline operations and reduce risks.N/A

    IBM Watson Studio

    Score10 out of 10
    N/AIBM Watson Studio enables users to build, run and manage AI models, and optimize decisions at scale across any cloud. IBM Watson Studio enables users can operationalize AI anywhere as part of IBM Cloud Pak® for Data, the IBM data and AI platform. The vendor states the solution simplifies AI lifecycle management and accelerates time to value with an open, flexible multicloud architecture.N/A
    Pricing
    Altair MonarchExploriumIBM Watson Studio
    Editions & Modules
    No answers on this topic
    No answers on this topic
    No answers on this topic
    Offerings
    Pricing Offerings
    Altair MonarchExploriumIBM Watson Studio
    Free Trial
    YesNoNo
    Free/Freemium Version
    YesNoNo
    Premium Consulting/Integration Services
    YesNoNo
    Entry-level Setup FeeOptionalNo setup feeNo setup fee
    Additional Details———
    More Pricing Information
    Community Pulse
    Altair MonarchExploriumIBM Watson Studio
    Considered Multiple Products
    Altair Engineering, Inc.
    No answer on this topic
    Explorium
    No answer on this topic
    IBM
    No answer on this topic
    Key User Insights
    Would buy again
    No answers on this topic
    No answers on this topic
    100%
    Would buy again
    5 Answers
    Delivers good value for the price
    No answers on this topic
    No answers on this topic
    No answers on this topic
    Happy with the feature set
    No answers on this topic
    No answers on this topic
    100%
    Happy with the feature set
    5 Answers
    Lived up to sales and marketing promises
    No answers on this topic
    No answers on this topic
    No answers on this topic
    Implementation went as expected
    No answers on this topic
    No answers on this topic
    No answers on this topic
    Features
    Altair MonarchExploriumIBM Watson Studio
    Platform Connectivity
    Comparison of Platform Connectivity features of Altair Monarch and Explorium and IBM Watson Studio on Cloud Pak for Data
    Feature
    Altair Monarch
    -
    Ratings
    Explorium
    7.8
    1 Ratings
    7% below category average
    IBM Watson Studio on Cloud Pak for Data
    8.1
    22 Ratings
    3% below category average
    Connect to Multiple Data Sources00 Ratings8.01 Ratings8.022 Ratings
    Extend Existing Data Sources00 Ratings8.01 Ratings8.022 Ratings
    Automatic Data Format Detection00 Ratings7.01 Ratings10.021 Ratings
    MDM Integration00 Ratings8.01 Ratings6.414 Ratings
    Data Exploration
    Comparison of Data Exploration features of Altair Monarch and Explorium and IBM Watson Studio on Cloud Pak for Data
    Feature
    Altair Monarch
    -
    Ratings
    Explorium
    6.5
    1 Ratings
    26% below category average
    IBM Watson Studio on Cloud Pak for Data
    10.0
    22 Ratings
    17% above category average
    Visualization00 Ratings6.01 Ratings10.022 Ratings
    Interactive Data Analysis00 Ratings7.01 Ratings10.022 Ratings
    Data Preparation
    Comparison of Data Preparation features of Altair Monarch and Explorium and IBM Watson Studio on Cloud Pak for Data
    Feature
    Altair Monarch
    -
    Ratings
    Explorium
    6.5
    1 Ratings
    23% below category average
    IBM Watson Studio on Cloud Pak for Data
    9.5
    22 Ratings
    15% above category average
    Interactive Data Cleaning and Enrichment00 Ratings6.01 Ratings10.022 Ratings
    Data Transformations00 Ratings6.01 Ratings10.021 Ratings
    Data Encryption00 Ratings7.01 Ratings8.020 Ratings
    Built-in Processors00 Ratings7.01 Ratings10.021 Ratings
    Platform Data Modeling
    Comparison of Platform Data Modeling features of Altair Monarch and Explorium and IBM Watson Studio on Cloud Pak for Data
    Feature
    Altair Monarch
    -
    Ratings
    Explorium
    7.3
    1 Ratings
    15% below category average
    IBM Watson Studio on Cloud Pak for Data
    9.5
    22 Ratings
    12% above category average
    Multiple Model Development Languages and Tools00 Ratings7.01 Ratings10.021 Ratings
    Automated Machine Learning00 Ratings8.01 Ratings10.022 Ratings
    Single platform for multiple model development00 Ratings8.01 Ratings10.022 Ratings
    Self-Service Model Delivery00 Ratings6.01 Ratings8.020 Ratings
    Model Deployment
    Comparison of Model Deployment features of Altair Monarch and Explorium and IBM Watson Studio on Cloud Pak for Data
    Feature
    Altair Monarch
    -
    Ratings
    Explorium
    8.0
    1 Ratings
    6% below category average
    IBM Watson Studio on Cloud Pak for Data
    8.0
    22 Ratings
    6% below category average
    Flexible Model Publishing Options00 Ratings8.01 Ratings9.022 Ratings
    Security, Governance, and Cost Controls00 Ratings8.01 Ratings7.022 Ratings
    Best Alternatives
    Altair MonarchExploriumIBM Watson Studio
    Small Businesses
    No answers on this topic
    RapidMiner
    Score8.9 out of 10
    RapidMiner
    Score8.9 out of 10
    Medium-sized Companies
    Toad Data Point
    Score8.4 out of 10
    Anaconda
    Score8.8 out of 10
    Anaconda
    Score8.8 out of 10
    Enterprises
    Datameer
    Score8.4 out of 10
    IBM Watson Studio
    Score10 out of 10
    Posit
    Score10 out of 10
    All AlternativesView all alternativesView all alternativesView all alternatives
    User Ratings
    Altair MonarchExploriumIBM Watson Studio
    Likelihood to Recommend
    8.1
    (6 ratings)
    8.0
    (1 ratings)
    8.0
    (65 ratings)
    Likelihood to Renew
    7.2
    (6 ratings)
    -
    (0 ratings)
    8.2
    (1 ratings)
    Usability
    -
    (0 ratings)
    -
    (0 ratings)
    9.6
    (2 ratings)
    Availability
    -
    (0 ratings)
    -
    (0 ratings)
    8.2
    (1 ratings)
    Performance
    -
    (0 ratings)
    -
    (0 ratings)
    8.2
    (1 ratings)
    Support Rating
    -
    (0 ratings)
    -
    (0 ratings)
    8.2
    (1 ratings)
    In-Person Training
    -
    (0 ratings)
    -
    (0 ratings)
    8.2
    (1 ratings)
    Online Training
    -
    (0 ratings)
    -
    (0 ratings)
    8.2
    (1 ratings)
    Implementation Rating
    -
    (0 ratings)
    -
    (0 ratings)
    7.3
    (1 ratings)
    Data Sharing and Collaboration
    7.0
    (1 ratings)
    -
    (0 ratings)
    -
    (0 ratings)
    Data Sources
    5.0
    (1 ratings)
    -
    (0 ratings)
    -
    (0 ratings)
    Product Scalability
    -
    (0 ratings)
    -
    (0 ratings)
    8.2
    (1 ratings)
    Vendor post-sale
    -
    (0 ratings)
    -
    (0 ratings)
    7.3
    (1 ratings)
    Vendor pre-sale
    -
    (0 ratings)
    -
    (0 ratings)
    8.2
    (1 ratings)
    User Testimonials
    Altair MonarchExploriumIBM Watson Studio
    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.
    Incentivized
    Read full review
    Explorium
    We need to constantly measures costs in our health business and we forecast pricing acoording to several values and conditions. Explorium works quite good analysing simple datasets, but when hierahies start to increase, meaning 6-10 olap variables, the system start to slow down quite a bit until was no longer to retrieve the info we required. This is why we test several tools, because even world-class solutions we purchase, don´t do the job we need. Explorium is a good tool, but complexity will be a minus in some scenarios.
    Incentivized
    Read full review
    IBM
    It has a lot of features that are good for teams working on large-scale projects and continuously developing and reiterating their data project models. Really helpful when dealing with large data. It is a kind of one-stop solution for all data science tasks like visualization, cleaning, analyzing data, and developing models but small teams might find a lot of features unuseful.
    Incentivized
    Read full review
    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.
    Incentivized
    Read full review
    Explorium
    • Data ready for consumption.
    • Good enough relationships between entities.
    • Nice integration with other players. That's a good thing.
    Incentivized
    Read full review
    IBM
    • Integration of IBM Watson APIs such as speech to text, image recognition, personality insights, etc.
    • SPSS modeler and neural network model provide no-code environments for data scientists to build pipelines quickly.
    • Enforced best-practices set up POCs for deployment in production with a minimum of re-work.
    • Estimator validation lets data scientists test and prove different models.
    Incentivized
    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.
    Incentivized
    Read full review
    Explorium
    • relationships between entities could be better. Would be great to have scenarios.
    • The data normalized needs improvement. Works pretty good, but it needs more refinement when using AND-OR Formulas that came from various datasets.
    Incentivized
    Read full review
    IBM
    • The cost is steep and so only companies with resources can afford it
    • It will be nice to have Chinese versions so that Chinese engineers can also use it easily
    • It takes a while to learn how to input different kinds of skin defects for detection
    Incentivized
    Read full review
    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.
    Incentivized
    Read full review
    Explorium
    No answers on this topic
    IBM
    because we find out that DSX results have improved our approach to the whole subject (data, models, procedures)
    Incentivized
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    Usability
    Altair Engineering, Inc.
    No answers on this topic
    Explorium
    No answers on this topic
    IBM
    The UI flawlessly merges this offering by providing a neat, minimal, responsive interface
    Incentivized
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    Reliability and Availability
    Altair Engineering, Inc.
    No answers on this topic
    Explorium
    No answers on this topic
    IBM
    From time to time there are services unavailable, but we have been always informed before and they got back to work sooner than expected
    Incentivized
    Read full review
    Performance
    Altair Engineering, Inc.
    No answers on this topic
    Explorium
    No answers on this topic
    IBM
    Never had slow response even on our very busy network
    Incentivized
    Read full review
    Support Rating
    Altair Engineering, Inc.
    No answers on this topic
    Explorium
    No answers on this topic
    IBM
    I received answers mostly at once and got answered even further my question: they gave me interesting points of view and suggestion for deepening in the learning path
    Incentivized
    Read full review
    In-Person Training
    Altair Engineering, Inc.
    No answers on this topic
    Explorium
    No answers on this topic
    IBM
    The trainers on the job are very smart with solutions and very able in teaching
    Incentivized
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    Online Training
    Altair Engineering, Inc.
    No answers on this topic
    Explorium
    No answers on this topic
    IBM
    The Platform is very handy and suggests further steps according my previous interests
    Incentivized
    Read full review
    Implementation Rating
    Altair Engineering, Inc.
    No answers on this topic
    Explorium
    No answers on this topic
    IBM
    It surprised us with unpredictable case of use and brand new points of view
    Incentivized
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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.
    Incentivized
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    Explorium
    The simplicity of the tool is an advantage. The integrations as well work quite well. All these solutions have worked well until some point and what we have discovered over the years is that we need to combine various solutions. There is no such thing as one tool ruling them all. Explorium works quite well until we start testing more advanced relations, and here, the tool is promising but requires a little work.
    Incentivized
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    IBM
    The main reason I personally changed over from Azure ML Studio is because it lacked any support for significant custom modelling with packages and services such as TensorFlow, scikit-learn, Microsoft Cognitive Toolkit and Spark ML. IBM Watson Studio provides these services and does so in a well integrated and easy to use fashion making it a preferable service over the other services that I have personally used.
    Incentivized
    Read full review
    Scalability
    Altair Engineering, Inc.
    No answers on this topic
    Explorium
    No answers on this topic
    IBM
    It helped us in getting from 0 to DSX without getting lost
    Incentivized
    Read full review
    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
    Incentivized
    Read full review
    Explorium
    • Positive. The time save in analysis per hour of internal consulting was the best compared to our SAP and Cognos solutions.
    • In term of objetives works as stated, but when using multi-conditions of dataset, start the issues.
    Incentivized
    Read full review
    IBM
    • Could instantly show data driven insights to drive 20% incremental revenue over existing results
    • Still don't have a real use case for unstructured data like twitter feed
    • Some of the insights around user actions have driven new projects to automate mundane tasks
    Incentivized
    Read full review
    ScreenShots

    Altair Monarch Screenshots

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