TrustRadius: an HG Insights company

Save this comparison

Save this comparison

Add Product

Recommended Comparisons

    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

    Paxata

    Score7 out of 10
    N/AN/AN/A
    Pricing
    Altair MonarchPaxata
    Editions & Modules
    No answers on this topic
    No answers on this topic
    Offerings
    Pricing Offerings
    Altair MonarchPaxata
    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 MonarchPaxata
    Small Businesses
    No answers on this topic
    No answers on this topic
    Medium-sized Companies
    Toad Data Point
    Score8.4 out of 10
    Toad Data Point
    Score8.4 out of 10
    Enterprises
    Datameer
    Score8.4 out of 10
    Datameer
    Score8.4 out of 10
    All AlternativesView all alternativesView all alternatives
    User Ratings
    Altair MonarchPaxata
    Likelihood to Recommend
    8.1
    (6 ratings)
    9.0
    (1 ratings)
    Likelihood to Renew
    7.2
    (6 ratings)
    -
    (0 ratings)
    Data Sharing and Collaboration
    7.0
    (1 ratings)
    -
    (0 ratings)
    Data Sources
    5.0
    (1 ratings)
    -
    (0 ratings)
    User Testimonials
    Altair MonarchPaxata
    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
    Paxata
    Paxata can be highly useful to someone who doesn't like/have any experience with writing codes to treat data before using it as input into BI dashboards. Paxata can accelerate data cleaning in environments where a large amount of unclean data is generated and business decisions on the go are required. It performs really well while dealing with natural language.
    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
    Paxata
    • Visualize distributions in large data sets effectively which enable the user to quickly spot outliers and treat them appropriately
    • Provides recommendation to merge datasets based on matching column values
    • The cluster and edit feature in my opinion is its most powerful feature and reduces cardinality in column with text
    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
    Paxata
    • Doesn't provide recommendation on how to impute values
    • There is a lag quite often
    • We can say whether a column has errors or quality issues in the first look
    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
    Paxata
    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.
    Incentivized
    Read full review
    Paxata
    Paxata is a much better tool when it comes to handling natural language but Talend provides recommendations on how to impute missing values and outliers. Paxata provides recommendations on dataset tie-ups and joins but Talend doesn't provide any such recommendations. In paxata you can visualize distribution of data in a column and filter them by dragging and selecting the section you'd like to retain
    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
    Paxata
    • It saves time to clean data
    • It reduces the requirement of too many data engineer/stewards and hence adds positive impact on the return of the business
    Incentivized
    Read full review
    ScreenShots

    Altair Monarch Screenshots

    Product screenshotProduct screenshotProduct screenshot