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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
83
Ranking in other categories
Predictive Analytics (1st), Data Science Platforms (5th)
 

Mindshare comparison

As of October 2025, in the Data Preparation Tools category, the mindshare of Altair Monarch is 8.6%, down from 11.5% compared to the previous year. The mindshare of Alteryx is 20.8%, down from 31.4% compared to the previous year. It is calculated based on PeerSpot user engagement data.
Data Preparation Tools Market Share Distribution
ProductMarket Share (%)
Alteryx20.8%
Altair Monarch8.6%
Other70.6%
Data Preparation Tools
 

Featured Reviews

LS
Transformed document processing has become foolproof with seamless data extraction
The primary use case of Altair Monarch was data extraction. I used it to process a lot of documents and data from Notepad and PDFs, converting those into structured data for basic analysis and reporting. It facilitated data preparation and data extraction effectively Altair Monarch is valuable…
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."
"Predictive models, which are easy to use, and help a lot with fast design and deployment​."
"The philosophy of the citizen data scientist is the key piece, which means the no-code analytics capability. This is the feature that attracted us the most."
"The most valuable feature of Alteryx is its unlimited handling capabilities."
"Good data transformation."
"The ease-of-use allows non-technical business users to directly create their own solutions without the use of additional development resources."
"Geo features have made spatial mapping large retail universes possible."
"Alteryx offers a cognitive approach to better understand data and purposes."
"The solution has been stable."
 

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."
"The tool could include more native connectors, such as for global ERPs, instead of requiring additional fees for these connections."
"The solution could improve in the visualization."
"They can provide some pre-built tools for predictive analytics instead of us having to build all the tools. It should also be improved from the visualization aspect. It should have better visualization capabilities. There are tools out there that have better visualization capabilities, which Alteryx is lacking currently."
"Configuration is very low."
"Alteryx's development environment could be improved as it requires installation locally and can't be developed in the cloud."
"The product could benefit from improved integration with visualization tools or even the inclusion of built-in visualization features."
"The solution can be made more affordable."
"We can't browse multiple files. When we deploy a solution on a gallery, let's say I have ten different files, and I have to upload them all at once. This is something that's difficult in the gallery. So case by case, I see some downsides, but often we do something alternative."
 

Pricing and Cost Advice

Information not available
"The price for Alteryx Designer is reasonable but the price for Alteryx Server for universal collaborations is too 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."
"It's probably on the pricey side, but they provide some really useful ways to grow and test."
"If one is a high price, and ten is a low price, I rate the tool's price as a one. The tool is expensive."
"​Very transparent.​"
"Its price should be lower. The key thing that we see is that talking about ROI is an important element at the time of purchase. Cost becomes a factor in every discussion. Justifying the ROI for these kinds of workflows is always a challenge, and the only way to counter the challenge is by addressing the pricing."
"We use the free version of the solution. There are enterprise licenses available. It cost approximately $5,000 annually. It is an expensive solution and there are additional features that cost more money."
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Top Industries

By visitors reading reviews
Financial Services Firm
23%
Manufacturing Company
13%
Retailer
10%
Government
10%
Financial Services Firm
22%
Manufacturing Company
9%
Computer Software Company
8%
Retailer
6%
 

Company Size

By reviewers
Large Enterprise
Midsize Enterprise
Small Business
No data available
By reviewers
Company SizeCount
Small Business31
Midsize Enterprise15
Large Enterprise51
 

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 Altair Monarch vs. Alteryx and other solutions. Updated: September 2025.
868,759 professionals have used our research since 2012.