Altair Monarch vs. Pyramid Analytics

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
Pyramid Analytics
Score 9.0 out of 10
Enterprise companies (1,001+ employees)
Pyramid Analytics is a business intelligence software offering from Pyramid Analytics.N/A
Pricing
Altair MonarchPyramid Analytics
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
Altair MonarchPyramid Analytics
Free Trial
YesYes
Free/Freemium Version
YesNo
Premium Consulting/Integration Services
YesNo
Entry-level Setup FeeOptionalOptional
Additional Details——
More Pricing Information
Community Pulse
Altair MonarchPyramid Analytics
Top Pros
Top Cons
Features
Altair MonarchPyramid Analytics
BI Standard Reporting
Comparison of BI Standard Reporting features of Product A and Product B
Altair Monarch
-
Ratings
Pyramid Analytics
9.3
1 Ratings
13% above category average
Pixel Perfect reports00 Ratings9.01 Ratings
Customizable dashboards00 Ratings10.01 Ratings
Report Formatting Templates00 Ratings9.01 Ratings
Ad-hoc Reporting
Comparison of Ad-hoc Reporting features of Product A and Product B
Altair Monarch
-
Ratings
Pyramid Analytics
8.3
1 Ratings
3% above category average
Drill-down analysis00 Ratings8.01 Ratings
Formatting capabilities00 Ratings9.01 Ratings
Report sharing and collaboration00 Ratings8.01 Ratings
Report Output and Scheduling
Comparison of Report Output and Scheduling features of Product A and Product B
Altair Monarch
-
Ratings
Pyramid Analytics
9.3
1 Ratings
11% above category average
Publish to PDF00 Ratings10.01 Ratings
Report Versioning00 Ratings9.01 Ratings
Report Delivery Scheduling00 Ratings10.01 Ratings
Delivery to Remote Servers00 Ratings8.01 Ratings
Data Discovery and Visualization
Comparison of Data Discovery and Visualization features of Product A and Product B
Altair Monarch
-
Ratings
Pyramid Analytics
8.3
1 Ratings
3% above category average
Pre-built visualization formats (heatmaps, scatter plots etc.)00 Ratings8.01 Ratings
Location Analytics / Geographic Visualization00 Ratings8.01 Ratings
Predictive Analytics00 Ratings9.01 Ratings
Access Control and Security
Comparison of Access Control and Security features of Product A and Product B
Altair Monarch
-
Ratings
Pyramid Analytics
8.3
1 Ratings
3% below category average
Multi-User Support (named login)00 Ratings8.01 Ratings
Role-Based Security Model00 Ratings8.01 Ratings
Multiple Access Permission Levels (Create, Read, Delete)00 Ratings9.01 Ratings
Single Sign-On (SSO)00 Ratings8.01 Ratings
Mobile Capabilities
Comparison of Mobile Capabilities features of Product A and Product B
Altair Monarch
-
Ratings
Pyramid Analytics
9.0
1 Ratings
12% above category average
Dashboard / Report / Visualization Interactivity on Mobile00 Ratings9.01 Ratings
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User Ratings
Altair MonarchPyramid Analytics
Likelihood to Recommend
8.1
(6 ratings)
9.0
(1 ratings)
Likelihood to Renew
7.2
(6 ratings)
-
(0 ratings)
Usability
-
(0 ratings)
9.0
(1 ratings)
Support Rating
-
(0 ratings)
9.0
(1 ratings)
User Testimonials
Altair MonarchPyramid Analytics
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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Pyramid Analytics
Pyramid Analytics is a great tool to see the path of how something is progressing to make or see how aspects affect your process. You can find out how to improve your industry and compare departments on the fly. Pyramid Analytics is easy to add or subtract data in a report. I have not found a scenario where Pyramid Analytics is not a good tool to look at your process
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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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Pyramid Analytics
  • Easy of use to add data metrics and demission
  • Easy to publish and distribute
  • Advanced graphics
  • Easy to administer
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.
Read full review
Pyramid Analytics
No answers on this topic
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.
Read full review
Pyramid Analytics
No answers on this topic
Usability
Altair Engineering, Inc.
No answers on this topic
Pyramid Analytics
Pyramid Analytics brings a tool that is graphically pleasing and easy to use to generate publications so you can understand your data. You can see your data in a new way in just a few clicks. This is very helpful in gaining the advantage of your processes and leading in your industry. Getting data quickly and being able to see how your business is being affected over time can get you an advantage and streamline your workflow.
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Support Rating
Altair Engineering, Inc.
No answers on this topic
Pyramid Analytics
Pyramid Analytics looks to improve what the tool offers. They continue to add features and help with webinars. Updates to the product are easy to install. There are tools to help when looking for ways to improve your ability to of using the product.
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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.
Read full review
Pyramid Analytics
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
Read full review
Pyramid Analytics
  • I like the product ease of use
Read full review
ScreenShots

Altair Monarch Screenshots

Screenshot of Screenshot of Screenshot of

Pyramid Analytics Screenshots

Screenshot of the Welcome screenScreenshot of ModulesScreenshot of the Data Model ModuleScreenshot of the Discover ModuleScreenshot of the Formulate ModuleScreenshot of the Tabulate Module