Altair Monarch vs. Informatica Data Prep

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
Informatica Data Prep
Score 7.0 out of 10
N/A
A solution to speed up analytics and data science projects with an automated, simplified data preparation tool.N/A
Pricing
Altair MonarchInformatica Data Prep
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
Altair MonarchInformatica Data Prep
Free Trial
YesNo
Free/Freemium Version
YesNo
Premium Consulting/Integration Services
YesNo
Entry-level Setup FeeOptionalNo setup fee
Additional Details——
More Pricing Information
Community Pulse
Altair MonarchInformatica Data Prep
Top Pros
Top Cons

No answers on this topic

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User Ratings
Altair MonarchInformatica Data Prep
Likelihood to Recommend
8.1
(6 ratings)
8.0
(1 ratings)
Likelihood to Renew
7.2
(6 ratings)
-
(0 ratings)
User Testimonials
Altair MonarchInformatica Data Prep
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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Informatica
I am working in a medical device company and we require a large amount of data to analyze. Handling large amounts of data using this tool is very easy and the user interface is easy and simple to navigate. Earlier we used to use excel and text files to extract the data but now using this tool we have improved in transforming the data.
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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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Informatica
  • Improve the business process outcomes
  • Create internal/external operational efficiencies
  • Product functionality and performance
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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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Informatica
  • Dependency with other systems like Hadoop as it's data repository.
  • Service slow connection sometimes.
  • Configuration should be easy.
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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.
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Informatica
No answers on this topic
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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Informatica
To improve the business process outcomes we have purchased this tool. By using this tool data preparation is easy and much [more] flexible and I would suggest [it as] a good option to try. As it is built with powerful AI and supports as large datasets as we can get without any reduction in performance.
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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
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Informatica
  • Dependency on hadoop cluster as its repository
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ScreenShots

Altair Monarch Screenshots

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