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Altair Monarch vs Alteryx comparison

 

Comparison Buyer's Guide

Executive Summary

Review summaries and opinions

We asked business professionals to review the solutions they use. Here are some excerpts of what they said:
 

Categories and Ranking

Altair Monarch
Ranking in Data Preparation Tools
4th
Average Rating
9.6
Reviews Sentiment
8.4
Number of Reviews
2
Ranking in other categories
No ranking in other categories
Alteryx
Ranking in Data Preparation Tools
1st
Average Rating
8.4
Reviews Sentiment
7.0
Number of Reviews
81
Ranking in other categories
Predictive Analytics (1st), Data Science Platforms (5th)
 

Mindshare comparison

As of April 2025, in the Data Preparation Tools category, the mindshare of Altair Monarch is 10.7%, up from 8.3% compared to the previous year. The mindshare of Alteryx is 26.7%, down from 35.7% compared to the previous year. It is calculated based on PeerSpot user engagement data.
Data Preparation Tools
 

Featured Reviews

LS
Transformed document processing has become foolproof with seamless data extraction
Altair Monarch ( /products/altair-monarch-reviews ) is valuable because it allows a one-time setup for data extraction, making the process extremely easy with just a few clicks to get the output. It is foolproof and ensures perfect extraction as long as the models and templates remain standard, providing a seamless and error-free experience.
Theresa McLaughlin - PeerSpot reviewer
Quick development enables seamless data processing despite occasional support issues
There were times when the product would fail during development without an apparent reason. The support structure changed; initially, we received great support, however, it later became less reliable due to licensing issues and a tiered support system. Licensing negotiations were problematic, affecting our product usage. For instance, our licenses were temporarily lost during negotiations when an agreement couldn't be reached.

Quotes from Members

We asked business professionals to review the solutions they use. Here are some excerpts of what they said:
 

Pros

"Altair Monarch is valuable because it allows a one-time setup for data extraction, making the process extremely easy with just a few clicks to get the output."
"Monarch lets you quickly extract in your preferred format."
"Shortens the time required to start analyzing data and looking for insights, minimizing the tasks that do not add value to the business and maximizing the analysis phase."
"The product's initial setup phase is simple and straightforward."
"Data processing is most valuable. It is one of the fastest data blockers out there in the market, which is a fascinating thing about Alteryx."
"The three data signs and data engineering are great features."
"The most valuable feature of Alteryx is its stand-alone version that we do not have to download dependencies for loads. Additionally, the scan is useful for beginners."
"Alteryx is a low-code platform, and that's the biggest reason why we chose it."
"One-stop shop for data preparation, blending, prediction, and optimization in a single workflow."
"It is a stable and scalable solution."
 

Cons

"I rate Altair Monarch seven out of 10 for affordability. Recently, the pricing model changed from end-user licensing to a concurrent licensing model."
"When a process completes there is a notification, but the notification does not include the process's name."
"The data integration component could most likely be improved to increase enterprise scalability."
"Even when it already includes some AI models, this area could be improved."
"We are hoping that the NLP features will also support Chinese characters."
"The principal problem is the pricing. They're expensive products."
"Mastering Alteryx, a comprehensive solution, takes time. However, once you have gained proficiency with its layout and how to drag, drop, and connect components, it becomes remarkably easy, yet still thorough."
"More statistics tools: We can use to compare SPSS statistics with some automated advisory."
"It would be great if Alteryx could take third party tools and incorporate them."
 

Pricing and Cost Advice

Information not available
"The seat is too expensive."
"While it offers extensive features, including predictive analytics, for those who mainly use it for data preparation and blending, the cost can be prohibitive."
"In my opinion, it's actually quite expensive."
"The solution has a more costly license than other tools in the market."
"Alteryx isn't extortionately expensive, but it's not cheap either."
"ROI is huge. There are some secondary benefits, like analysts getting their post 5 PM time back or the ability to shorten all closing processes to a half or less."
"A designer and scheduler for $13K/year in total is pretty much earning you the money back in time and in other resources."
"I don't know much about the licensing, but there are some additional costs for certain features."
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Top Industries

By visitors reading reviews
Financial Services Firm
27%
Retailer
12%
Manufacturing Company
11%
Government
9%
Financial Services Firm
24%
Manufacturing Company
10%
Computer Software Company
9%
Healthcare Company
6%
 

Company Size

By reviewers
Large Enterprise
Midsize Enterprise
Small Business
No data available
 

Questions from the Community

What is your experience regarding pricing and costs for Altair Monarch?
I was not involved in pricing, but I did not encounter any issues with renewals, and the process was always smooth and straightforward.
What is your primary use case for Altair Monarch?
The primary use case of Altair Monarch ( /products/altair-monarch-reviews ) was data extraction. I used it to process a lot of documents and data from Notepad and PDFs, converting those into struct...
What advice do you have for others considering Altair Monarch?
The support team is diligent, following up thoroughly and setting up calls promptly when a ticket is raised. It is beneficial for any assistance needed. The overall rating for Altair Monarch is ten...
What is the Biggest Difference Between Alteryx and IBM SPSS Modeler?
One of the differences is that with Alteryx you can use it as an ETL and analytics tool. Please connect with me directly if you want to know more.
What is the Biggest Difference Between Alteryx and IBM SPSS Modeler?
Alteryx is an extremely easy and flexible data tool, flexible in terms of drag and drop toolset and also has python, R integrations if your team requires this. It can handle over 2 billion rows of...
What is the Biggest Difference Between Alteryx and IBM SPSS Modeler?
I am not familiar with IBM SPSS Modeler, therefore, I cannot compare these two products. Regarding Alteryx I can say the following: - An excellent desktop tool for Data Prep and analytics. - Featu...
 

Comparisons

 

Also Known As

Monarch Data Pump
No data available
 

Overview

 

Sample Customers

MasterCard
AnalyticsIq Inc., belk, BloominBrands Inc., Cardinalhealth, Cineplex, Dairy Queen
Find out what your peers are saying about Alteryx, SAS, Bright Data and others in Data Preparation Tools. Updated: March 2025.
845,406 professionals have used our research since 2012.