Altair Monarch vs. Kalido Business Information Modeler

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
Kalido Business Information Modeler
Score 7.0 out of 10
N/A
The Kalido Business Information Modeler is a business intelligence tool, from Magnitude Software (formerly Kalido, rebranded after that company's merger with Noetix).N/A
Pricing
Altair MonarchKalido Business Information Modeler
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
Altair MonarchKalido Business Information Modeler
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 MonarchKalido Business Information Modeler
Top Pros
Top Cons
Features
Altair MonarchKalido Business Information Modeler
Ad-hoc Reporting
Comparison of Ad-hoc Reporting features of Product A and Product B
Altair Monarch
-
Ratings
Kalido Business Information Modeler
8.0
1 Ratings
1% below category average
Drill-down analysis00 Ratings8.01 Ratings
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User Ratings
Altair MonarchKalido Business Information Modeler
Likelihood to Recommend
8.1
(6 ratings)
7.0
(1 ratings)
Likelihood to Renew
7.2
(6 ratings)
-
(0 ratings)
User Testimonials
Altair MonarchKalido Business Information Modeler
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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Magnitude Software, Inc.
Suitability depends on your business model.
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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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Magnitude Software, Inc.
  • Kalido has developed a data security and privacy manual for its personnel that is easy to understand and that provides direct guidance with respect to security requirements, including requirements related to support services to Kalido customers.
  • Flexible master data modeling
  • Kalido clearly establishes in its policy documents that Customer Database Information (CDI) is confidential information that must beprotected, and sets forth specific requirements for handling of CDI including encryption during electronic transmission and storage, as well as other controls.
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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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Magnitude Software, Inc.
  • Multiple rows, linked by pointers that makes data difficult to read. Could be structured in columns in a table.
  • Kalido indicated in its survey response that it does not formally employ a standard configuration for its workstation builds, and/or it does not periodically review systems for deviations from the standard configuration. The Kalido DSP Manual indicates that Kalido does use a system security agent to maintain patches and anti-malware defense.
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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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Magnitude Software, Inc.
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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Magnitude Software, Inc.
No answers on this topic
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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Magnitude Software, Inc.
No answers on this topic
ScreenShots

Altair Monarch Screenshots

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