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Alteryx vs MathWorks Matlab comparison

 

Comparison Buyer's Guide

Executive SummaryUpdated on Dec 5, 2024

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

Alteryx
Ranking in Data Science Platforms
5th
Average Rating
8.4
Reviews Sentiment
6.9
Number of Reviews
86
Ranking in other categories
Predictive Analytics (1st), Data Preparation Tools (1st)
MathWorks Matlab
Ranking in Data Science Platforms
15th
Average Rating
8.8
Reviews Sentiment
5.5
Number of Reviews
5
Ranking in other categories
No ranking in other categories
 

Mindshare comparison

As of May 2026, in the Data Science Platforms category, the mindshare of Alteryx is 3.8%, down from 6.1% compared to the previous year. The mindshare of MathWorks Matlab is 1.8%, up from 0.8% compared to the previous year. It is calculated based on PeerSpot user engagement data.
Data Science Platforms Mindshare Distribution
ProductMindshare (%)
Alteryx3.8%
MathWorks Matlab1.8%
Other94.4%
Data Science Platforms
 

Featured Reviews

reviewer2797908 - PeerSpot reviewer
Senior Rpa Consultant at a computer software company with 51-200 employees
Time-saving workflows have transformed data preparation and predictive analysis for my team
Some of the best features Alteryx offers are its no and low-code capabilities. It delivers massive time-saving and includes spatial and predictive analysis. Alteryx includes built-in tools such as drive time analysis and linear regression, which are much harder to achieve in standard BI tools such as Power BI or Tableau. In addition to these features, Alteryx provides built-in spatial tools that can calculate drive time and location-based insights with minimal effort through drag-and-drop spatial tools, low complex coding, faster, and more accurate results. Linear regression predicts sales based on marketing spend, estimates costs based on usage, and identifies trends in historical data. Alteryx has positively impacted my organization by saving time, improving accuracy, and enabling better decision-making. Using Alteryx, complex tasks such as data cleansing, joining datasets, drive time analysis, and linear regression can be done much faster compared to manual Excel or SQL work. This reduces dependency on manual effort and lowers the risk of human error. Drive time analysis helps my organization make better location-based decisions, such as identifying optimal service areas or improving customer reach.
RB
Business Owner at SASS GmbH
Versatile system empowers users with advanced algorithm development and seamless integration capabilities
The application is pretty good, and I don't really complain. For my purposes, MathWorks Matlab is perfect because it's very versatile; it is not out-of-the-box of course, and you have to program everything yourself. If you are experienced enough, you can do many things which other programs, for instance, SPSS, cannot do, as you need to program it—it's a fourth-generation programming language. In the future of MathWorks Matlab, I would appreciate the addition of many AI features, as there are a lot of machine learning capabilities and many AI features in the visual scene, although I don't need those because I use this feature data and don't work on pictures or images. However, you can work on images and can then do deep learning and that stuff, which is one of the real strengths of MathWorks Matlab.

Quotes from Members

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

Pros

"Alteryx speeds up the time to obtain business answers/insights on data."
"Automation is the most valuable aspect for us. The ability to wrap business logic around the data is very helpful."
"The most valuable feature of Alteryx is user-friendliness."
"Alteryx allowed us to access all the data, blend it, and output it as a dashboard for the user to access any time they needed it."
"It allows for manipulation and automation, which has greatly reduced the amount of time required per project."
"The most valuable feature of Alteryx is its unlimited handling capabilities."
"The three data signs and data engineering are great features."
"It has everything that one needs. Whatever you want to do with the data can be done with Alteryx."
"What I appreciate about MathWorks Matlab is that it is the most versatile program system I know; there are so many toolboxes which I don't need, as I mostly work with statistics, but it's amazing how many functions there are."
"Making digital twins saves significant time; checking something in simulation is more cost-effective—for instance, with marine engines, we typically need about 10 years of checking to find misfires, but with MathWorks Matlab, we can complete it in one month."
"This solution is pretty good, I truly enjoy it."
"Personally for me, because I do a lot of development, I like that it is easy to test mathematical algorithms with several matrix calculations. It's perfect for that."
"The tool's most valuable feature is the Simulink environment. This feature provides an incredible capability to visually represent the system behavior before creating the code. It allows you to see the flow and interactions of the system, which is extremely beneficial for software development. With this visual representation, you can better understand the system's behavior, make necessary adjustments, and ensure maintenance and updates. This capability is why I love working with the product."
"The platform's most valuable feature is its field-specific packages, which make it very easy to use."
 

Cons

"The solution just lacks in terms of data visualization. That is why we use Tableau and Qlik in our organization. They help to pick up the slack. If data visualization was added, Alteryx would be a very good tool, and much more complete."
"The scalability worries me a lot at the moment because the cost of the solution is high and it is not growing considerably. Unfortunately, we started during early COVID times and because of the economic downturn, all the cost cuttings, and everything, it is not growing as expected."
"The only weakness I would say is on the visualization side of having that dynamic incapability."
"Alteryx is just as complicated as coding, in my opinion."
"Even when it already includes some AI models, this area could be improved."
"I think sometimes the solution doesn't load properly or takes so much time for the workflows. Though the workflow runs and completes the file in Excel, if you use the same formula, it's a bit slow. Also, the image processing is not so good because I tried to do some image processing and they were like, sometimes they put two to eight. In the document, it was two, but the OCR predicted it as eight."
"Although I use this product regularly, I used to code for many years and I am not a big fan of tools like Alteryx. I don't think that it's a good product, and the reason is that when the use cases get more complex, the models get exponentially larger and more complex to put together."
"I honestly can't think of anything that needs to be improved."
"One area where the product could improve is in the ease of learning."
"In the area of improvement, sometimes there are issues with the speed of MathWorks Matlab, particularly in the Simulink environment. The tool's latest versions can be slow to open, taking significant time to load. Additionally, saving data and integrating models can also be time-consuming processes."
"To make use of the GPU, you have to have an Nvidia card."
"To make use of the GPU, you have to have an Nvidia card. What I would want it to do is to run in Next Generation with Intel or AMD, and not just with Nvidia."
"It is not out-of-the-box of course, and you have to program everything yourself."
 

Pricing and Cost Advice

"I don't know much about the licensing, but there are some additional costs for certain features."
"The seat is too expensive."
"There are some implementation services and internal effort costs at the beginning but there is nothing else."
"Alteryx is an expensive solution."
"While it offers extensive features, including predictive analytics, for those who mainly use it for data preparation and blending, the cost can be prohibitive."
"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."
"The desktop platform costs $5,000 per year. It's very costly."
"A designer and scheduler for $13K/year in total is pretty much earning you the money back in time and in other resources."
"The pricing for the software itself is reasonable, and I didn't encounter any additional costs beyond the initial purchase or license."
"We have a single user license. Support and add-ons are an extra fee."
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Top Industries

By visitors reading reviews
Financial Services Firm
20%
Manufacturing Company
9%
Computer Software Company
7%
Retailer
5%
Construction Company
10%
Computer Software Company
9%
Comms Service Provider
9%
Government
7%
 

Company Size

By reviewers
Large Enterprise
Midsize Enterprise
Small Business
By reviewers
Company SizeCount
Small Business32
Midsize Enterprise16
Large Enterprise54
By reviewers
Company SizeCount
Small Business2
Midsize Enterprise1
Large Enterprise4
 

Questions from the Community

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...
What is your experience regarding pricing and costs for MathWorks Matlab?
Regarding the pricing part and licensing cost for MathWorks Matlab, it is not cheap, but it depends on the functions you need. You don't need all of them; you may just require a few and then it's r...
What needs improvement with MathWorks Matlab?
The application is pretty good, and I don't really complain. For my purposes, MathWorks Matlab is perfect because it's very versatile; it is not out-of-the-box of course, and you have to program ev...
What is your primary use case for MathWorks Matlab?
I am working with MathWorks Matlab for statistics and machine learning, though I don't know which version I have, but I guess it is 21 or so. I don't care because the things I'm doing haven't chang...
 

Overview

 

Sample Customers

AnalyticsIq Inc., belk, BloominBrands Inc., Cardinalhealth, Cineplex, Dairy Queen
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Find out what your peers are saying about Alteryx vs. MathWorks Matlab and other solutions. Updated: April 2026.
893,221 professionals have used our research since 2012.