Altair Monarch vs. TimeXtender

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
TimeXtender
Score 9.0 out of 10
N/A
TimeXtender was designed to be a holistic solution for data integration that empowers organizations to build data solutions 10x faster using metadata and low-code automation.
$1,600
per month
Pricing
Altair MonarchTimeXtender
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
Altair MonarchTimeXtender
Free Trial
YesNo
Free/Freemium Version
YesYes
Premium Consulting/Integration Services
YesNo
Entry-level Setup FeeOptionalOptional
Additional DetailsOn-Demand pricing is pay as you go, month-to-month, with no commitment, at the "on-demand" price of $3.33/credit.
More Pricing Information
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Altair MonarchTimeXtender
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User Ratings
Altair MonarchTimeXtender
Likelihood to Recommend
8.1
(6 ratings)
9.0
(1 ratings)
Likelihood to Renew
7.2
(6 ratings)
-
(0 ratings)
User Testimonials
Altair MonarchTimeXtender
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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TimeXtender
TimeXtender has worked really well with our customers who have different data sources using complex data types in large quantities requiring a DW-like solution that can consolidate all data sources at one-HUB. TimeXtender does this well, and provides automation capabilities, the ability to easily handle slowly changing dimensions, handing data lineage and data security very well. TimeXtender has the ability to be very customizable, allowing the HUB to grow as your business does. TimeXtender's customer support team is super helpful and will work with you throughout your implementation to make sure you reach success with the product. The ROI for timeXtender versus competing products (there aren't many that do what timeXtender does) shows the investment to be worthwhile for the majority of organizations in today's data-rich corporate world.
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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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TimeXtender
  • It has the ability to create one dynamic 'DW' or source of truth, consolidating all data sources in one HUB.
  • Ease of use, with a great UI that is easy to learn and adapt to.
  • Ease/speed of complex implementation.
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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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TimeXtender
  • Product Marketing: As implementers and resellers of this technology, we loved it. But, convincing clients who had not previously heard of TX/Discovery Hub was more difficult than it could have been if the company had a larger marketing force behind it.
  • Relatively New to Market: it creates a learning curve for early implementers.
  • More information should be published on timeXtender's website about product lines, including testimonials.
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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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TimeXtender
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.
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TimeXtender
For our clients, timeXtender was a much better solution. It offered a more cost-effective solution, easier integration, and better customer support for our complex client needs. The timeXtender team worked with us throughout the process to make sure we could create a success story that was repeatable for our clients, and they proved great partners.
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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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TimeXtender
No answers on this topic
ScreenShots

Altair Monarch Screenshots

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