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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
87
Ranking in other categories
Predictive Analytics (1st), Data Preparation Tools (1st)
MathWorks Matlab
Ranking in Data Science Platforms
16th
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 June 2026, in the Data Science Platforms category, the mindshare of Alteryx is 3.7%, down from 6.1% compared to the previous year. The mindshare of MathWorks Matlab is 1.7%, up from 0.8% compared to the previous year. It is calculated based on PeerSpot user engagement data.
Data Science Platforms Mindshare Distribution
ProductMindshare (%)
Alteryx3.7%
MathWorks Matlab1.7%
Other94.6%
Data Science Platforms
 

Featured Reviews

ManojBehera - PeerSpot reviewer
Senior Staff Cyber Security Cloud Data Architect at GE Healthcare
Automated complex ETL workflows have reduced coding effort and improved data integration
One area for improvement is in integrating mostly the data which comes from telemetry, where I can see some sort of improvisations can be made. It is a massive amount of unstructured data, and I believe Alteryx is able to handle it, but there can be some improvements. Suggestions for improvements in Alteryx include areas for increasing efficiency, particularly in processing telemetry data, which involves dealing with large volumes of unstructured data. Additionally, I believe when we use filter tools immediately after the input source, there can be slowdowns when handling massive data. The user experience of Alteryx is generally good, but there are areas for improvement from a user's perspective, particularly regarding user interface enhancements. I think there's always room for improvement, but otherwise, Alteryx has been a great tool for me. We haven't experienced significant disruptions while increasing data volumes, though I sense there could be performance issues as data grows exponentially. This is an area that could use improvement in Alteryx.
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 makes it easy for the end customer to see clean data in a structured form."
"It's super easy to learn how to use it — the learning curve is very small."
"The initial setup is easy."
"The initial setup is easy, straightforward, and simple, and within hours I can have the designer up and running."
"Alteryx has positively impacted my organization by saving time, improving accuracy, and enabling better decision-making."
"If you are looking for a self-service data analytics tool, Alteryx is a good solution."
"Alteryx has improved our organization because it provides an easy way to build machine learning models as well as to do citizen data science work."
"The main benefits that Alteryx provides for me are that it is easier to use, I do not have to code anything, so it is a non-coding tool, and it saves my time in that aspect."
"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."
"The platform's most valuable feature is its field-specific packages, which make it very easy to use."
"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."
"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."
"This solution is pretty good, I truly enjoy it."
 

Cons

"Alteryx's predictive data models are pretty average and can be improved."
"Alteryx is not very robust when it comes to working on large sets of data."
"The technical support could have a little bit of improvement."
"They should work on its pricing."
"More emphasis on extensible R and data augmentation interface design."
"Technical support is okay and could be better. Sometimes, it takes about two to five days to hear an answer from the technical support team."
"It’s quite pricey for an Alteryx Designer license (~$5200 for a one-year subscription), but once you use the product, you won’t want to go back to whatever you were using before."
"The formula we currently use in Alteryx can be automated."
"It is not out-of-the-box of course, and you have to program everything yourself."
"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."
"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."
"One area where the product could improve is in the ease of learning."
 

Pricing and Cost Advice

"I rate the solution's pricing as a ten, as it is highly priced."
"While it offers extensive features, including predictive analytics, for those who mainly use it for data preparation and blending, the cost can be prohibitive."
"The cost of the solution could be reduced."
"It can be a bit pricey, especially after the first year."
"The designer has a list price of $5,995 USD."
"The seat is too expensive."
"There are some implementation services and internal effort costs at the beginning but there is nothing else."
"A designer and scheduler for $13K/year in total is pretty much earning you the money back in time and in other resources."
"We have a single user license. Support and add-ons are an extra fee."
"The pricing for the software itself is reasonable, and I didn't encounter any additional costs beyond the initial purchase or license."
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Top Industries

By visitors reading reviews
Financial Services Firm
20%
Manufacturing Company
8%
Computer Software Company
7%
Construction Company
6%
Construction Company
12%
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 Business33
Midsize Enterprise16
Large Enterprise56
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: June 2026.
900,644 professionals have used our research since 2012.