What users are saying about
4 Ratings
17 Ratings
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Score 7.6 out of 100
4 Ratings
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Score 4.9 out of 100

Likelihood to Recommend

Datawatch Monarch

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.
Anonymous | TrustRadius Reviewer

ReportMiner

ReportMiner is well suited for digitizing PDFs that includes data that follows a pattern such as a bank statement. It saves a bunch of time to make one report that will be able to be used each month for that bank. The program would not be useful if you had to spend the time making a new report each month for a new bank with a few lines of data
Anonymous | TrustRadius Reviewer

Pros

Datawatch Monarch

  • 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.
Frank Pappalardo | TrustRadius Reviewer

ReportMiner

  • Turn multi line pdf into an Excel file.
  • Allows us to us to select just the data we need.
  • Support was very helpful with a really hard pdf conversion.
Roger Knibb | TrustRadius Reviewer

Cons

Datawatch Monarch

  • 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.
Kim Shada | TrustRadius Reviewer

ReportMiner

  • The only weakness I have seen with ReportMiner is they do not offer some features I personally would like to see. This is only because I need to manipulate the data in ways that ReportMiner would not have been able to forsee a customer needing the program for.
Anonymous | TrustRadius Reviewer

Likelihood to Renew

Datawatch Monarch

Datawatch Monarch 7.2
Based on 6 answers
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.
Lisa Glassman | TrustRadius Reviewer

ReportMiner

ReportMiner 9.1
Based on 2 answers
It is the best way to get a multi line record from pdf to Excel in one row.
Roger Knibb | TrustRadius Reviewer

Alternatives Considered

Datawatch Monarch

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.
Anonymous | TrustRadius Reviewer

ReportMiner

I have never actually used another program like ReportMiner. Before I was just using PDF viewers such as Adobe that had OCR capabilities. I would have to select a range of numbers and copy and paste to Excel. It was tedious, slow, and sometimes error prone. I chose to learn ReportMiner because it saves me at least 4 times the amount of time I would have to use by copy and pasting.
Anonymous | TrustRadius Reviewer

Return on Investment

Datawatch Monarch

  • 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
Kim Shada | TrustRadius Reviewer

ReportMiner

No answers on this topic

Screenshots

Pricing Details

Datawatch Monarch

General

Free Trial
Yes
Free/Freemium Version
Yes
Premium Consulting/Integration Services
Yes
Entry-level set up fee?
Optional

Datawatch Monarch Editions & Modules

Additional Pricing Details

ReportMiner

General

Free Trial
Yes
Free/Freemium Version
Premium Consulting/Integration Services
Yes
Entry-level set up fee?
Optional

ReportMiner Editions & Modules

Edition
ReportMiner EnterpriseContact sales1
  1. per user
Additional Pricing Details
Discounts are provided for 10 pack, 20 pack, 50 pack, and enterprise-wide ReportMiner Professional licenses.

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