Altair Monarch vs. XLCubed

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
XLCubed
Score 8.9 out of 10
N/A
XLCubed optimises Excel for data-connected reporting and analytics, and provides a governed web and mobile sharing model. It connects Excel directly to corporate data and adds a wide range of reporting, visualisation and analytical capabilities. Designed so that users can leverage their existing skills to become more productive. XLCubed's total control over layout and formatting, user calculations and finance-focused IBCS-certified charting make it an ideal tool for…N/A
Pricing
Altair MonarchXLCubed
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
Altair MonarchXLCubed
Free Trial
YesNo
Free/Freemium Version
YesNo
Premium Consulting/Integration Services
YesNo
Entry-level Setup FeeOptionalNo setup fee
Additional Details
More Pricing Information
Features
Altair MonarchXLCubed
BI Standard Reporting
Comparison of BI Standard Reporting features of Product A and Product B
Altair Monarch
-
Ratings
XLCubed
8.4
5 Ratings
3% above category average
Pixel Perfect reports00 Ratings8.45 Ratings
Customizable dashboards00 Ratings8.65 Ratings
Report Formatting Templates00 Ratings8.15 Ratings
Ad-hoc Reporting
Comparison of Ad-hoc Reporting features of Product A and Product B
Altair Monarch
-
Ratings
XLCubed
8.8
5 Ratings
9% above category average
Drill-down analysis00 Ratings9.15 Ratings
Formatting capabilities00 Ratings8.65 Ratings
Report sharing and collaboration00 Ratings8.65 Ratings
Report Output and Scheduling
Comparison of Report Output and Scheduling features of Product A and Product B
Altair Monarch
-
Ratings
XLCubed
8.2
5 Ratings
2% below category average
Publish to Web00 Ratings9.15 Ratings
Publish to PDF00 Ratings8.74 Ratings
Report Versioning00 Ratings7.03 Ratings
Report Delivery Scheduling00 Ratings8.34 Ratings
Data Discovery and Visualization
Comparison of Data Discovery and Visualization features of Product A and Product B
Altair Monarch
-
Ratings
XLCubed
7.0
5 Ratings
14% below category average
Pre-built visualization formats (heatmaps, scatter plots etc.)00 Ratings7.85 Ratings
Location Analytics / Geographic Visualization00 Ratings6.25 Ratings
Access Control and Security
Comparison of Access Control and Security features of Product A and Product B
Altair Monarch
-
Ratings
XLCubed
8.9
5 Ratings
4% above category average
Multi-User Support (named login)00 Ratings8.85 Ratings
Role-Based Security Model00 Ratings8.95 Ratings
Multiple Access Permission Levels (Create, Read, Delete)00 Ratings8.95 Ratings
Single Sign-On (SSO)00 Ratings8.95 Ratings
Mobile Capabilities
Comparison of Mobile Capabilities features of Product A and Product B
Altair Monarch
-
Ratings
XLCubed
8.0
5 Ratings
0% above category average
Responsive Design for Web Access00 Ratings8.45 Ratings
Mobile Application00 Ratings7.53 Ratings
Dashboard / Report / Visualization Interactivity on Mobile00 Ratings7.94 Ratings
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User Ratings
Altair MonarchXLCubed
Likelihood to Recommend
8.1
(6 ratings)
8.9
(5 ratings)
Likelihood to Renew
7.2
(6 ratings)
-
(0 ratings)
Usability
-
(0 ratings)
8.8
(5 ratings)
Support Rating
-
(0 ratings)
9.1
(5 ratings)
User Testimonials
Altair MonarchXLCubed
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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Fluence Technologies
I have found XLCubed to be well suited to most organisation sizes. While we implement against Microsoft Dynamics we have also successfully used XLCubed against all types of data. This includes hospitals, manufactures, distributors and financial services providers. Is not well suited to "live" reports.
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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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Fluence Technologies
  • XLCubed's design grid is very intuitive, allowing our users to begin building their queries right away.
  • XLCubed's recent v10 release includes very effective and attractive small multiple charts. And, since these are connected directly to live data, no time is wasted in copying and pasting data into Excel.
  • XLCubed's web platform allows us to publish data to our third parties in an effective and rapid manner.
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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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Fluence Technologies
  • Interactivity
  • Web Logging and Auditing
  • Promoting special features "how to"
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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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Fluence Technologies
No answers on this topic
Usability
Altair Engineering, Inc.
No answers on this topic
Fluence Technologies
I am happy with the usability. There is always some room for improvement
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Support Rating
Altair Engineering, Inc.
No answers on this topic
Fluence Technologies
The support team is always available and I get my mails answered usually within one hour. That is amazing.
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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.
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Fluence Technologies
XLCubed is easy to setup and use. With Cognos you need a university degree to setup the product.
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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
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Fluence Technologies
  • The ability for users to build and own their reports has helped to push the concept of a single source of truth, replacing information housed in multiple Excel workbooks. Now users can query the cubes thru XLCubed for that source of truth, reducing the risk of a user working from outdated Excel workbooks.
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ScreenShots

Altair Monarch Screenshots

Screenshot of Screenshot of Screenshot of

XLCubed Screenshots

Screenshot of Global Sales dashboard in data connected ExcelScreenshot of IBCS charts built with XLCubedScreenshot of Template Table dashboard. Template tables allow you to easily add predefined tables that have useful metrics and formatting built into them. These can be used directly or further customised for your specific needs.Screenshot of Chart variance template table. The table has pre built charts and formatting that updates with your data.Screenshot of Web dashboard. A excel report published to web for easy sharing