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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

    Posit

    Score10 out of 10
    N/APosit, formerly RStudio, is a modular data science platform, combining open source and commercial products.N/A

    RapidMiner

    Score8.9 out of 10
    N/ARapidMiner is a data science and data mining platform, from Altair since the late 2022 acquisition. RapidMiner offers full automation for non-coding domain experts, an integrated JupyterLab environment for seasoned data scientists, and a visual drag-and-drop designer. RapidMiner’s project-based framework helps to ensure that others can build off their work using visual workflows or automated data science.

    $7,500

    Per User Per Month

    Pricing
    Altair MonarchPositRapidMiner
    Editions & Modules
    No answers on this topic
    No answers on this topic
    Professional
    $7,500.00
    Per User Per Month
    Enterprise
    $15,000.00
    Per User Per Month
    AI Hub
    $54,000.00
    Per User Per Month
    Offerings
    Pricing Offerings
    Altair MonarchPositRapidMiner
    Free Trial
    YesYesNo
    Free/Freemium Version
    YesYesNo
    Premium Consulting/Integration Services
    YesNoNo
    Entry-level Setup FeeOptionalOptionalNo setup fee
    Additional Details———
    More Pricing Information
    Community Pulse
    Altair MonarchPositRapidMiner
    Considered Multiple Products
    Altair Engineering, Inc.
    No answer on this topic
    Posit (formerly RStudio)
    Chose Posit
    In the space of data science tools, code is king. It enables use of standard version control systems like git, access to a wealth of expertise via StackOverflow and others, is commonly used in modern education programs, and more. Other solutions in this space are built on …
    Incentivized
    Chose Posit
    We needed a product very, very flexible, from a company we trusted and which shared the same vision of data science: not plug & play stuff like (almost) all other product.
    Cost of course is a great plus because we have been able to get our sponsor buying it in a very short time …
    Incentivized
    Chose Posit
    RStudio overcomes Anaconda spider and PyCharm for the simplicity of installation and usage.

    Incentivized
    Chose Posit
    RStudio feels cruder than the alternatives and it is based on old-school client-server architecture plus local data.
    Alternatives tend to rely on Big Data Lakes and Map-reduce solutions so a well populated datalake and free compute resources are needed, those may impact your …
    Incentivized
    Altair Engineering, Inc.
    Chose RapidMiner
    We selected RapidMiner due to ease of use and a comfortable user interface. It stacks up very well against these tools in the predictive analytics space. For basic analytics and data reporting, we chose QlikView and Qlik Sense as a more robust reporting platform.
    Incentivized
    Key User Insights
    Would buy again
    No answers on this topic
    100%
    Would buy again
    44 Answers
    No answers on this topic
    Delivers good value for the price
    No answers on this topic
    100%
    Delivers good value for the price
    44 Answers
    No answers on this topic
    Happy with the feature set
    No answers on this topic
    95%
    Happy with the feature set
    42 Answers
    No answers on this topic
    Lived up to sales and marketing promises
    No answers on this topic
    100%
    Lived up to sales and marketing promises
    28 Answers
    No answers on this topic
    Implementation went as expected
    No answers on this topic
    97%
    Implementation went as expected
    38 Answers
    No answers on this topic
    Features
    Altair MonarchPositRapidMiner
    Platform Connectivity
    Comparison of Platform Connectivity features of Altair Monarch and Posit and RapidMiner
    Feature
    Altair Monarch
    -
    Ratings
    Posit
    9.3
    27 Ratings
    11% above category average
    RapidMiner
    9.5
    2 Ratings
    13% above category average
    Connect to Multiple Data Sources00 Ratings8.026 Ratings10.02 Ratings
    Extend Existing Data Sources00 Ratings10.027 Ratings10.02 Ratings
    Automatic Data Format Detection00 Ratings10.026 Ratings9.02 Ratings
    MDM Integration00 Ratings00 Ratings9.01 Ratings
    Data Exploration
    Comparison of Data Exploration features of Altair Monarch and Posit and RapidMiner
    Feature
    Altair Monarch
    -
    Ratings
    Posit
    9.0
    27 Ratings
    7% above category average
    RapidMiner
    9.0
    2 Ratings
    7% above category average
    Visualization00 Ratings8.027 Ratings9.02 Ratings
    Interactive Data Analysis00 Ratings10.024 Ratings9.02 Ratings
    Data Preparation
    Comparison of Data Preparation features of Altair Monarch and Posit and RapidMiner
    Feature
    Altair Monarch
    -
    Ratings
    Posit
    10.0
    26 Ratings
    20% above category average
    RapidMiner
    8.8
    2 Ratings
    7% above category average
    Interactive Data Cleaning and Enrichment00 Ratings10.024 Ratings9.02 Ratings
    Data Transformations00 Ratings10.026 Ratings7.02 Ratings
    Data Encryption00 Ratings00 Ratings9.02 Ratings
    Built-in Processors00 Ratings00 Ratings10.02 Ratings
    Platform Data Modeling
    Comparison of Platform Data Modeling features of Altair Monarch and Posit and RapidMiner
    Feature
    Altair Monarch
    -
    Ratings
    Posit
    10.0
    22 Ratings
    17% above category average
    RapidMiner
    9.0
    2 Ratings
    6% above category average
    Multiple Model Development Languages and Tools00 Ratings10.022 Ratings9.02 Ratings
    Single platform for multiple model development00 Ratings10.022 Ratings9.02 Ratings
    Self-Service Model Delivery00 Ratings10.019 Ratings9.02 Ratings
    Automated Machine Learning00 Ratings00 Ratings9.02 Ratings
    Model Deployment
    Comparison of Model Deployment features of Altair Monarch and Posit and RapidMiner
    Feature
    Altair Monarch
    -
    Ratings
    Posit
    9.9
    18 Ratings
    14% above category average
    RapidMiner
    9.0
    2 Ratings
    5% above category average
    Flexible Model Publishing Options00 Ratings10.018 Ratings9.02 Ratings
    Security, Governance, and Cost Controls00 Ratings9.915 Ratings9.01 Ratings
    Best Alternatives
    Altair MonarchPositRapidMiner
    Small Businesses
    No answers on this topic
    RapidMiner
    Score8.9 out of 10
    Jupyter Notebook
    Score8.6 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
    IBM Watson Studio
    Score10 out of 10
    All AlternativesView all alternativesView all alternativesView all alternatives
    User Ratings
    Altair MonarchPositRapidMiner
    Likelihood to Recommend
    8.1
    (6 ratings)
    10.0
    (123 ratings)
    10.0
    (18 ratings)
    Likelihood to Renew
    7.2
    (6 ratings)
    9.7
    (17 ratings)
    9.0
    (1 ratings)
    Usability
    -
    (0 ratings)
    8.0
    (4 ratings)
    9.0
    (1 ratings)
    Availability
    -
    (0 ratings)
    9.4
    (3 ratings)
    -
    (0 ratings)
    Support Rating
    -
    (0 ratings)
    8.9
    (9 ratings)
    -
    (0 ratings)
    Implementation Rating
    -
    (0 ratings)
    9.3
    (4 ratings)
    -
    (0 ratings)
    Configurability
    -
    (0 ratings)
    10.0
    (1 ratings)
    -
    (0 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)
    8.2
    (3 ratings)
    -
    (0 ratings)
    User Testimonials
    Altair MonarchPositRapidMiner
    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
    Posit (formerly RStudio)
    In my humble opinion, if you are working on something related to Statistics, RStudio is your go-to tool. But if you are looking for something in Machine Learning, look out for Python. The beauty is that there are packages now by which you can write Python/SQL in R. Cross-platform functionality like such makes RStudio way ahead of its competition. A couple of chinks in RStudio armor are very small and can be considered as nagging just for the sake of argument. Other than completely based on programming language, I couldn't find significant drawbacks to using RStudio. It is one of the best free software available in the market at present.
    Incentivized
    Read full review
    Altair Engineering, Inc.
    RapidMiner is really fantastic to perform fast ETL processes and work on your data as you want, no matter what is the source. You will really save a lot of time when you learn how to use it. You can create mining analysis with several algorithms, and thanks to add-ons, you can apply a lot of techniques. It will not replace a business intelligence dashboard but it allows to create great datamarts for your BI tools. One negative thing is that It's no easy to share your outputs.
    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
    Posit (formerly RStudio)
    • The support is incredibly professional and helpful, and they often go out of their way to help me when something doesn't work.
    • The one-click publishing from RStudio Connect is absolutely amazing, and I really like the way that it deploys your exact package versions, because otherwise, you can get in a terrible mess.
    • Python doesn't feel quite as native as R at the moment but I have definitely deployed stuff in R and Python that works beautifully which is really nice indeed.
    Incentivized
    Read full review
    Altair Engineering, Inc.
    • I am very impressed at how easily you can work within RapidMiner without much data analytics training. Plus with the help of the crowd, you can see what steps others have taken with their data analytics projects.
    • Text mining was simple and clean. We used this for our call transcription problem where we didn't have the resources to listen to each call. We needed to qualify each call based on some key phrases.
    • Our direct mail program was large and not very targeted. Using RapidMiner, we were able to isolate a predictive level we felt comfortable with and decided not to send to anyone below that level. We saved quite a bit of money.
    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
    Posit (formerly RStudio)
    • Python integration is newer and still can be rough, especially with when using virtual environments.
    • RStudio Connect pricing feels very department focused, not quite an enterprise perspective.
    • Some of the RStudio packages don't follow conventional development guidelines (API breaking changes with minor version numbers) which can make supporting larger projects over longer timeframes difficult.
    Incentivized
    Read full review
    Altair Engineering, Inc.
    • I hope RapidMiner would be the first data science platform that allows data scientists to change the behaviour of a machine learning algorithm that already exists in the repository. For example, I want to be able to change the way a genetic algorithm mutates.
    • Automatic programming: One day, I hope RapidMiner can automatically generate codes in any 4th generation programming language based on the developed model.
    • More tutorials/samples needed: Why doesn't RapidMiner becomes the next 'UC Irvine Machine Learning Repository'? Provide real examples and real cases for users to study and understand the best practices in modelling. RapidMiner already has some datasets for a tutorial. Besides the existing samples, I hope RapidMiner can provide more sample data and examples.
    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
    Posit (formerly RStudio)
    There is no viable alternative right now. The toolset is good and the functionality is increasing with every release. It is backed by regular releases and ongoing development by the RStudio team. There is good engagement with RStudio directly when support is required. Also there's a strong and growing community of developers who provide additional support and sample code.
    Incentivized
    Read full review
    Altair Engineering, Inc.
    Very fast and user-friendly tool
    Incentivized
    Read full review
    Usability
    Altair Engineering, Inc.
    No answers on this topic
    Posit (formerly RStudio)
    For someone who learns how to use the software and picks up on the "language" of R, it's very easy to use. For beginners, it can be hard and might require a course, as well as the appropriate statistical training to understand what packages to use and when
    Incentivized
    Read full review
    Altair Engineering, Inc.
    Very use to use and learn
    Incentivized
    Read full review
    Reliability and Availability
    Altair Engineering, Inc.
    No answers on this topic
    Posit (formerly RStudio)
    RStudio is very available and cheap to use. It needs to be updated every once in a while, but the updates tend to be quick and they do not hinder my ability to make progress. I have not experienced any RStudio outages, and I have used the application quite a bit for a variety of statistical analyses
    Incentivized
    Read full review
    Altair Engineering, Inc.
    No answers on this topic
    Support Rating
    Altair Engineering, Inc.
    No answers on this topic
    Posit (formerly RStudio)
    Since R is trendy among statisticians, you can find lots of help from the data science/ stats communities. If you need help with anything related to RStudio or R, google it or search on StackOverflow, you might easily find the solution that you are looking for.
    Incentivized
    Read full review
    Altair Engineering, Inc.
    No answers on this topic
    Implementation Rating
    Altair Engineering, Inc.
    No answers on this topic
    Posit (formerly RStudio)
    We did it at the individual level: anyone willing to code in R can use it. No real deployment involved.
    Read full review
    Altair Engineering, 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.
    Incentivized
    Read full review
    Posit (formerly RStudio)
    RStudio was provided as the most customizable. It was also strictly the most feature-rich as far as enabling our organization to script, run, and make use of R open-source packages in our data analysis workstreams. It also provided some support for python, which was useful when we had R heavy code with some python threaded in. Overall we picked Rstudio for the features it provided for our data analysis needs and the ability to interface with our existing resources.
    Incentivized
    Read full review
    Altair Engineering, Inc.
    We tried different data tools and we figured we give RapidMinder Studio a shot as one of our employees had experience with it, and when compared to some of the other tools that we used it was the best fit among the test group that we used. Overall it was a little more fluid and user-friendly.
    Incentivized
    Read full review
    Scalability
    Altair Engineering, Inc.
    No answers on this topic
    Posit (formerly RStudio)
    RStudio is very scalable as a product. The issue I have is that it doesn't necessarily fit in nicely with the mainly Microsoft environment that everybody else is using. Having RStudio for us means dedicated servers and recruiting staff who know how to manage the environment. This isn't a fault of the product at all, it's just part of the data science landscape that we all have to put up with. Having said that RStudio is absolutely great for running on low spec servers and there are loads of options to handle concurrency, memory use, etc.
    Incentivized
    Read full review
    Altair Engineering, 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
    Incentivized
    Read full review
    Posit (formerly RStudio)
    • Using it for data science in a very big and old company, the most positive impact, from my point of view, has been the ability of spreading data culture across the group. Shortening the path from data to value.
    • Still it's hard to quantify economic benefits, we are struggling and it's a great point of attention, since splitting out the contribution of the single aspects of a project (and getting the RStudio pie) is complicated.
    • What is sure is that, in the long run, RStudio is boosting productivity and making the process in which is embedded more efficient (cost reduction).
    Incentivized
    Read full review
    Altair Engineering, Inc.
    • Thanks to the patters that RapidMiner has detected, we have been able to follow clues in the right direction, both for the Protein Interaction Network Analysis and for the Epilepsy Research
    • Students and participants of the machine learning workshops have learned about this technology and about the tool
    Incentivized
    Read full review
    ScreenShots

    Altair Monarch Screenshots

    Product screenshotProduct screenshotProduct screenshot

    Posit Screenshots

    Screenshot of Posit runs on most desktops or on a server and accessed over the webScreenshot of Posit supports authoring HTML, PDF, Word Documents, and slide showsScreenshot of Posit supports interactive graphics with Shiny and ggvisScreenshot of Shiny combines the computational power of R with the interactivity of the modern webScreenshot of Remote Interactive Sessions: Start R and Python processes from Posit Workbench within various systems such as Kubernetes and SLURM with Launcher.Screenshot of Jupyter: Author and edit Python code with Jupyter using the same Posit Workbench infrastructure.