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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

    OpenAI API Platform

    Score9.1 out of 10
    N/AThe OpenAI API platform provides a simple interface to AI models for text generation, natural language processing, computer vision, and other purposes.

    $0

    per  1K tokens

    Pricing
    Altair MonarchOpenAI API Platform
    Editions & Modules
    No answers on this topic
    Ada
    $0.0008
    per  1K tokens
    Babbage
    $0.0012
    per  1K tokens
    Curie
    $0.0060
    per  1K tokens
    Davinci
    $0.0600
    per  1K tokens
    Offerings
    Pricing Offerings
    Altair MonarchOpenAI API Platform
    Free Trial
    YesNo
    Free/Freemium Version
    YesNo
    Premium Consulting/Integration Services
    YesNo
    Entry-level Setup FeeOptionalNo setup fee
    Additional Details
    More Pricing Information
    Best Alternatives
    Altair MonarchOpenAI API Platform
    Small Businesses
    No answers on this topic
    Saturn Cloud
    Score7.8 out of 10
    Medium-sized Companies
    Toad Data Point
    Score8.4 out of 10
    DataRobot
    Score8.2 out of 10
    Enterprises
    Datameer
    Score8.4 out of 10
    DataRobot
    Score8.2 out of 10
    All AlternativesView all alternativesView all alternatives
    User Ratings
    Altair MonarchOpenAI API Platform
    Likelihood to Recommend
    8.1
    (6 ratings)
    8.6
    (3 ratings)
    Likelihood to Renew
    7.2
    (6 ratings)
    -
    (0 ratings)
    Usability
    -
    (0 ratings)
    10.0
    (2 ratings)
    Data Sharing and Collaboration
    7.0
    (1 ratings)
    -
    (0 ratings)
    Data Sources
    5.0
    (1 ratings)
    -
    (0 ratings)
    User Testimonials
    Altair MonarchOpenAI API Platform
    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
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    OpenAI
    For smaller organizations that run lean and would like to get to deploy a solution quickly. This is a solution that is easy and quick to develop. It has a good amount of customization. However, for advanced customization this might not be a good solution. I suggest experimenting with OpenAI API and then if the experimentation is successful then it is a good idea to optimize and try other LLM models.
    Incentivized
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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.
    Incentivized
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    OpenAI
    • The developer experience is top notch. Their SDKs are super easy to use
    • Organization and project billing separation. You know where everything was consumed.
    • Playground. The playground is super useful to prototype without writing a single line of code
    Incentivized
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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.
    Incentivized
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    OpenAI
    • Restrictions are sometimes too strong
    Incentivized
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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.
    Incentivized
    Read full review
    OpenAI
    No answers on this topic
    Usability
    Altair Engineering, Inc.
    No answers on this topic
    OpenAI
    Easy to setup, develop and deploy. The payload for the API is simple and has all the inputs required for simple projects. There are a good number of options of LLM models to optimize for speed, cost or quality of the answers. A larger token input might improve the overall usability.
    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
    Read full review
    OpenAI
    Anthropic is only the best for coding and its really really expensive. So, if you're not making a coding app, I would stay away from it. On the other hand, Gemini models are dirt cheap but come with a bit of performance limitations, so i would use it for big volume non sofisticated use cases. The OpenAI API platform excels at providing best in class performance models, at not outrageous anthropic-like pricing.
    Incentivized
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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
    Incentivized
    Read full review
    OpenAI
    • Big question about functionality
    Incentivized
    Read full review
    ScreenShots

    Altair Monarch Screenshots

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