OpenText Magellan vs. Quantrix

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
OpenText Magellan
Score 9.0 out of 10
N/A
OpenText Magellan Analytics Suite leverages a comprehensive set of data analytics software to identify patterns, relationships and trends through data visualizations and interactive dashboards.N/A
Quantrix
Score 7.4 out of 10
N/A
Quantrix is designed to allow users to address the limitations and risks inherent to spreadsheets when developing business-critical models. According to the vendor, this solution offers unmatched capability for forecasting, planning, budgeting, risk modeling and visual analytics, and also allows users to develop ‘what if’ scenarios and model the financial and operational impact of business decisions. Additionally, the vendor says sharing insight is made easier through the creation of interactive…N/A
Pricing
OpenText MagellanQuantrix
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
OpenText MagellanQuantrix
Free Trial
NoYes
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoYes
Entry-level Setup FeeNo setup feeNo setup fee
Additional DetailsQuantrix Modeler is licensed on a per user subscription basis.
More Pricing Information
Community Pulse
OpenText MagellanQuantrix
Features
OpenText MagellanQuantrix
BI Standard Reporting
Comparison of BI Standard Reporting features of Product A and Product B
OpenText Magellan
7.0
2 Ratings
16% below category average
Quantrix
-
Ratings
Customizable dashboards7.02 Ratings00 Ratings
Report Formatting Templates7.01 Ratings00 Ratings
Ad-hoc Reporting
Comparison of Ad-hoc Reporting features of Product A and Product B
OpenText Magellan
8.3
3 Ratings
3% above category average
Quantrix
-
Ratings
Drill-down analysis8.03 Ratings00 Ratings
Formatting capabilities8.03 Ratings00 Ratings
Integration with R or other statistical packages9.01 Ratings00 Ratings
Report sharing and collaboration8.02 Ratings00 Ratings
Report Output and Scheduling
Comparison of Report Output and Scheduling features of Product A and Product B
OpenText Magellan
8.3
2 Ratings
1% above category average
Quantrix
-
Ratings
Publish to Web8.02 Ratings00 Ratings
Publish to PDF8.02 Ratings00 Ratings
Report Versioning9.02 Ratings00 Ratings
Report Delivery Scheduling8.02 Ratings00 Ratings
Data Discovery and Visualization
Comparison of Data Discovery and Visualization features of Product A and Product B
OpenText Magellan
8.0
1 Ratings
0% above category average
Quantrix
-
Ratings
Pre-built visualization formats (heatmaps, scatter plots etc.)9.01 Ratings00 Ratings
Predictive Analytics7.01 Ratings00 Ratings
Access Control and Security
Comparison of Access Control and Security features of Product A and Product B
OpenText Magellan
9.0
2 Ratings
6% above category average
Quantrix
-
Ratings
Role-Based Security Model9.02 Ratings00 Ratings
Multiple Access Permission Levels (Create, Read, Delete)9.02 Ratings00 Ratings
Single Sign-On (SSO)9.02 Ratings00 Ratings
Mobile Capabilities
Comparison of Mobile Capabilities features of Product A and Product B
OpenText Magellan
7.0
2 Ratings
11% below category average
Quantrix
-
Ratings
Responsive Design for Web Access7.02 Ratings00 Ratings
Dashboard / Report / Visualization Interactivity on Mobile7.02 Ratings00 Ratings
Application Program Interfaces (APIs) / Embedding
Comparison of Application Program Interfaces (APIs) / Embedding features of Product A and Product B
OpenText Magellan
6.2
1 Ratings
22% below category average
Quantrix
-
Ratings
REST API5.01 Ratings00 Ratings
Javascript API9.01 Ratings00 Ratings
Java API5.01 Ratings00 Ratings
Themeable User Interface (UI)7.01 Ratings00 Ratings
Customizable Platform (Open Source)5.01 Ratings00 Ratings
Budgeting, Planning, and Forecasting
Comparison of Budgeting, Planning, and Forecasting features of Product A and Product B
OpenText Magellan
-
Ratings
Quantrix
9.3
12 Ratings
13% above category average
Long-term financial planning00 Ratings9.711 Ratings
Financial budgeting00 Ratings9.012 Ratings
Forecasting00 Ratings10.012 Ratings
Scenario modeling00 Ratings9.012 Ratings
Management reporting00 Ratings9.012 Ratings
Consolidation and Close
Comparison of Consolidation and Close features of Product A and Product B
OpenText Magellan
-
Ratings
Quantrix
8.0
7 Ratings
3% above category average
Financial data consolidation00 Ratings8.36 Ratings
Multi-currency management00 Ratings8.44 Ratings
Minority Ownership00 Ratings8.04 Ratings
Local and consolidated reporting00 Ratings8.77 Ratings
Detailed Audit Trails00 Ratings6.75 Ratings
Financial Reporting and Compliance
Comparison of Financial Reporting and Compliance features of Product A and Product B
OpenText Magellan
-
Ratings
Quantrix
9.0
12 Ratings
13% above category average
Financial Statement Reporting00 Ratings9.010 Ratings
Management Reporting00 Ratings9.012 Ratings
Automated board and financial reporting00 Ratings9.011 Ratings
Analytics and Reporting
Comparison of Analytics and Reporting features of Product A and Product B
OpenText Magellan
-
Ratings
Quantrix
8.5
12 Ratings
5% above category average
Personalized dashboards00 Ratings8.012 Ratings
Color-coded scorecards00 Ratings6.45 Ratings
KPIs00 Ratings10.010 Ratings
Cost and profitability analysis00 Ratings8.610 Ratings
Key Performance Indicator setting00 Ratings10.011 Ratings
Benchmarking with external data00 Ratings8.210 Ratings
Integration
Comparison of Integration features of Product A and Product B
OpenText Magellan
-
Ratings
Quantrix
9.0
12 Ratings
9% above category average
Flat file integration00 Ratings9.012 Ratings
Excel data integration00 Ratings9.012 Ratings
Direct links to 3rd-party data sources00 Ratings9.012 Ratings
Best Alternatives
OpenText MagellanQuantrix
Small Businesses
Yellowfin
Yellowfin
Score 8.6 out of 10

No answers on this topic

Medium-sized Companies
Reveal
Reveal
Score 10.0 out of 10
Centage
Centage
Score 9.4 out of 10
Enterprises
Kyvos Semantic Layer
Kyvos Semantic Layer
Score 9.5 out of 10
OneStream
OneStream
Score 8.8 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
OpenText MagellanQuantrix
Likelihood to Recommend
9.0
(11 ratings)
7.0
(12 ratings)
Likelihood to Renew
3.9
(9 ratings)
-
(0 ratings)
Usability
9.0
(1 ratings)
8.2
(1 ratings)
Support Rating
9.0
(2 ratings)
-
(0 ratings)
User Testimonials
OpenText MagellanQuantrix
Likelihood to Recommend
OpenText
If you do not have a large budget and are a large organization, I would steer clear of Actuate. If you are looking to do very complex washboarding, I would not use them. Your developers have to be very skilled to work with this. Plan to bring in consultants if necessary to help your process. Adhoc reporting is weak. If your pricing is user based and you expand, this could be very expensive.
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Quantrix
If you find yourself in the ocean of traditional spreadsheets, overwhelmed by broken links, errors, model audit problems, hardwiring, etc. here is a lifebuoy for you. If you want to have full flexibility in your budgeting and forecasting in contrast to ERPs with rigid structures and one-size-fits-all concept. If you are small or medium size company and do not want to invest in costly enterprise solutions. If you need a fast implementation https://youtu.be/5W_q5Xhw5fg
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Pros
OpenText
  • The report outputs can vary across different types such as HTML, PDF, and Excel
  • Their open source offering is very sufficient
  • There are great boards and blogs for developers and engineers to expand and use their features.
  • The people from the company that I've worked with are professional and courteous.
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Quantrix
  • Building complex financial planning model availing of a multidimensional data structure coupled with a powerful formula language, with the immediacy and intuitiveness typical of spreadsheets
  • Implement quickly model modifications (new products, new scenarios, new time periods) simply adding new "items" to "categories" (corresponding to dimensions in a multidimensional data model)
  • Scale up models to very large datasets with very fast computation times
  • Easily import data from text files, other Quantrix models and external databases via DataLink and DataNAV
  • Save snapshots of tables computed in Quantrix to external databases via DataPush
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Cons
OpenText
  • The documentation on all the available features, but most importantly on the scripting side, can be improved
  • The standard look & feel of some basic options, like parameter selection or sorting and filtering, looks dated and can't be customized
  • The server portal needs to provide better tools
  • More integration is needed with other OpenText products
Read full review
Quantrix
  • Hard to be critical of the Quantrix team as I know they strive to produce the best product possible. I suppose the next thing on my wish list would be the application of the new Solver functionality to be available in the Qloud.
  • A big help for new users would be a good book on transitioning from Excel or other environment into Quantrix. I know first hand it can be difficult to transition when having to learn the program through a help guide, forums and tech support. I had a lot of trial and error in my journey to producing the desired models. On one hand it was a valuable method as it taught me a lot of what not to do, but I will admit it was not the most efficient way to do things.
  • Would also love to see local user groups being formed at some point in the future. Quantrix puts on a fantastic conference once a year in beautiful Maine, but it is a big journey for someone in Southern California (and limited to one or two days a year). I would like to see some local chapters formed in different areas of the country so local Quantrix users can get together more often and collaborate (maybe a quarterly or semi-annual meetup?). Our Quantrix community is still relatively small and may be a difficult task for some areas, but is also the very reason why this would be great idea.
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Likelihood to Renew
OpenText
I am no longer working for the company that was using Actuate but I believe they would continue to use it because the stitching costs would be to high. It would require a complete rewrite of the reports and the never version of Actuate (BIRT) even required an almost complete report rewrite
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Quantrix
No answers on this topic
Usability
OpenText
It is quite intuitive to use. It is fit specifically for doing sentiment, emotion, and intention analysis as well as text classification and text summarization. I would have given 10 if it is fit for the purpose of doing image processing and analysis as well. There is a huge market to analyze video and image data.
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Quantrix
For a newbie it can be difficult until you get the hang of the system. Quantrix is a very logical system, once you understand its underlying ideas.
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Support Rating
OpenText
Always there on the front and backend for us and the client.
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Quantrix
No answers on this topic
Alternatives Considered
OpenText
It is vastly superior to these in many ways, for complex reporting it is a much more sophisticated solution. Visualizations are very good. Javascript extensibility is very powerful, others don't support this or as well. Pentaho and MS are both OLAP oriented. Pentaho is moving more toward big data, which was not our primary focus. Others are stuck in the Crystal Reports Band metaphor.
Read full review
Quantrix
Overall, I was not part of the ultimate decision to purchase Quantrix. I terms of user-friendliess and robust reporting capabilities I do think Tableau has Quantrix outclassed. That being said, Quantrix does provide more in-depth analyses for our relevant data and provides better modeling for our forecasts out of the box. The accuracy of the tools output is also much better
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Return on Investment
OpenText
  • Actuate can handle 50 to 60 sub reports inside a report very well.
  • Dynamically creating the datasource, chart, graph, reports are the main advantages. We can do any level of drilling, and can create a performance matrix dashboard efficiently.
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Quantrix
  • Capacity forecasting used to take hours to calculate with a ton of manual modifications. Quantrix has automated that so a model can be updated at any time with a click of a button
  • The accuracy of the models is incredible. It took some tweaking to add in data scubbers, but now it runs almost flawlessly
  • The confidence the management teams have in the output of the model is amazing. Before, people would question the output, have you rebuild it, and then compare. Now the report comes out and the output has high confidence.
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ScreenShots

OpenText Magellan Screenshots

Screenshot of A Magellan BI & Reporting dashboard that an individual can interact with and personalize to their needs, such as changing chart types or computations.Screenshot of Magellan Data Discovery provides a Smart User Interface, designed to equip new users and users seeking a more streamlined set of features for insightsScreenshot of Magellan Data Discovery provides an Advanced User Interface that allows data analytics pros to leverage its breadth of sophisticated capabilities for insightsScreenshot of Magellan Text Mining insights can be displayed within easy-to-use dashboards.Screenshot of Data scientists can create visualizations within the Magellan Notebook and see it dynamically update as they write changes to it.

Quantrix Screenshots

Screenshot of Screenshot of Screenshot of