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Dynatrace vs Monte Carlo 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

Dynatrace
Average Rating
8.8
Reviews Sentiment
7.0
Number of Reviews
358
Ranking in other categories
Application Performance Monitoring (APM) and Observability (2nd), Log Management (6th), Mobile APM (2nd), Container Monitoring (1st), AIOps (2nd), AI Observability (3rd)
Monte Carlo
Average Rating
9.0
Reviews Sentiment
6.3
Number of Reviews
2
Ranking in other categories
Data Quality (30th), Data Observability (2nd)
 

Mindshare comparison

Dynatrace and Monte Carlo aren’t in the same category and serve different purposes. Dynatrace is designed for Application Performance Monitoring (APM) and Observability and holds a mindshare of 6.6%, down 11.4% compared to last year.
Monte Carlo, on the other hand, focuses on Data Observability, holds 26.6% mindshare, down 34.4% since last year.
Application Performance Monitoring (APM) and Observability Market Share Distribution
ProductMarket Share (%)
Dynatrace6.6%
Datadog5.5%
New Relic4.1%
Other83.8%
Application Performance Monitoring (APM) and Observability
Data Observability Market Share Distribution
ProductMarket Share (%)
Monte Carlo26.6%
Acceldata11.3%
Anomalo9.6%
Other52.49999999999999%
Data Observability
 

Featured Reviews

Manish Indupuri - PeerSpot reviewer
senior DevOps engineer at a tech services company with 10,001+ employees
AI-driven insights have reduced downtime and improved cross-team collaboration
We encountered some challenges while using Dynatrace. Although the initial setup was smooth, fine-tuning alert thresholds and custom metrics took some time. Another challenge was that Dynatrace charges based on host units, so we had to carefully plan our agent deployments. The licensing model is expensive. Additionally, the complexity of setup is an issue. While OneAgent and auto-discover services are powerful, the setup is more complex compared to other tools such as Prometheus and Grafana. These integrations are simple and basic, but Dynatrace setup requires more complexity based on the environment. For new users wanting to use Dynatrace, it is difficult. However, the AI-related solutions and metrics took us to the next level for identifying and fixing things. Dynatrace requires an agent for operation. OneAgent is powerful, but it is also resource-heavy. On lightweight nodes or older systems, the agent can slightly impact performance. If Dynatrace could implement a lightweight agent behavior, we could make things faster. Additionally, if Dynatrace could add a long-term retention policy so that we could store more data and find fine-grained details, that would help us. While Dynatrace managed edition supports on-premises deployment, the SaaS version depends on cloud connectivity. For highly regulated or air-gapped environments, setup and updates can be challenging. Although the initial setup is smooth, if someone wants to fine-tune it and fully understand the tool end-to-end, it could be tricky.
reviewer2774796 - PeerSpot reviewer
Data Governance System Specialist at a energy/utilities company with 1,001-5,000 employees
Data observability has transformed data reliability and now supports faster, trusted decisions
The best features Monte Carlo offers are those we consistently use internally. Of course, the automated DQ monitoring across the stack stands out. Monte Carlo can do checks on the volume, freshness, schema, and even custom business logic, with notifications before the business is impacted. It does end-to-end lineage at the field level, which is crucial for troubleshooting issues that spread across multiple extraction and transformation pipelines. The end-to-end lineage is very helpful for us. Additionally, Monte Carlo has great integration capabilities with Jira and Slack, as well as orchestration tools, allowing us to track issues with severity, see who the owners are, and monitor the resolution metrics, helping us collectively reduce downtime. It helps our teams across operations, analytics, and reporting trust the same datasets. The best outstanding feature, in my opinion, is Monte Carlo's operational analytics and dashboard; the data reliability dashboard provides metrics over time on how often incidents occur, the time to resolution, and alert fatigue trends. These metrics help refine the monitoring and prioritize our resources better. Those are the features that really have helped us. The end-to-end lineage is essentially the visual flow of data from source to target, at both the table and column level. Monte Carlo automatically maps the upstream and downstream dependencies across ingestion, transformation, and consumption layers, allowing us to understand immediately where data comes from and what is impacted when any issue occurs. Years ago, people relied on static documentation, which had the downside of not showing the dynamic flow or issue impact in real time. Monte Carlo analyzes SQL queries and transformations, plus metadata from our warehouses and orchestration tools, providing the runtime behavior for our pipelines. For instance, during network outages, our organization tracks metrics such as SAIDI and SAIFI used internally and for regulators. The data flow involves source systems such as SCADA, outage management systems, mobile apps for field crews, and weather feeds pushing data to the ingestion layer as raw outage events landing in the data lake. Data then flows to the transformation layer, where events are enriched with asset, location, and weather data, plus aggregations that calculate outage duration and customer impact, ultimately reaching the consumption layer for executive dashboards and regulatory reporting. Monte Carlo maps this entire food chain. Suppose we see a schema change in a column named outage_end_time and a freshness delay in downstream aggregated tables; the end-to-end lineage enables immediate root cause identification instead of trial and error. Monte Carlo shows that the issue is in the ingestion layer, allowing engineers to avoid wasting hours manually tracing SQL or pipelines, which illustrates how end-to-end lineage has really helped us troubleshoot our issues.

Quotes from Members

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

Pros

"One of the key things with Dynatrace is that they are very open to influence on product development side. So, we've influenced them fairly heavily on development and capabilities for Citrix and DC RUM. They've given us integration and support components around some odd technologies that we've got, and they have always been very open and accommodating to going after and developing capabilities around the stuff that we are looking for."
"Before we had the tool we had no visibility into the user experience and capturing what was going on inside the browser. We utilized tags so we knew how many times people were doing certain things, but we did not know how the performance was, if users were satisfied with what they were doing, and if we were serving up errors."
"It has enabled us to have a deeper insight into our application availability and performance."
"The major improvement was the ability to find errors immediately and predict future failures, or when resources reach the maximum capacity."
"You don't have to configure it. It just needs to be installed."
"Email alert and mobile app alert are very useful for informing the team that something is going wrong."
"Adds value to application owners, DB owners, and provides visibility on how end users utilize browsers and where they are originate from."
"We're able to tell them which calls, which methods, which interface were the problem."
"Monte Carlo's introduction has measurably impacted us; we have reduced data downtime significantly, avoided countless situations where inaccurate data would propagate to dashboards used daily, improved operational confidence with planning and forecasting models running on trusted data, and enabled engineers to spend less time manually checking pipelines and more time on optimization and innovation."
"It makes organizing work easier based on its relevance to specific projects and teams."
 

Cons

"The UX/UI needs improvement. It is not easy to learn."
"If you have many distributed servers, you will need to install or migrate every agent. This can be a problem if you have too many, and it takes time."
"The integration with PagerDuty is currently broken on mobile."
"It does not have mature enough dashboards.​"
"We're not quite there yet, but the thing I would like to see is to really have that view of how issues relate to the business. Often enough, the tools that IT have for IT stop at the IT level. They cannot go into the business level part. They can't understand, because they don't have the information that the business needs to provide them with - for example how much an hour of downtime costs the business. For us, in IT, it's an hour of downtime, but it equates to money and equates to hours lost and equates to a lot of things, and often enough we don't have that information. This is where I would like to see us going."
"The user interface for the management functions is not particularly intuitive for even the most common features."
"​Configuring nodes and agents should be more like plug and play."
"An area for improvement would be security. In the next release, I'd like to see more network-centric capabilities - Dynatrace is good at the network level, but I have to leverage other network solutions and integrate with them, but a holistic approach including the network as a one-stop-shop would be great."
"Some improvements I see for Monte Carlo include alert tuning and noise reduction, as other data quality tools offer that."
"For anomaly detection, the product provides only the last three weeks of data, while some competitors can analyze a more extended data history."
 

Pricing and Cost Advice

"The solution is not cheap."
"Dynatrace is still kind of an expensive solution compared to others. But I recognize that they are ahead of the competition when we do a feature by feature comparison."
"I think that the price is reasonable."
"Product pricing can seem a little over complex, however this is minor and does not detract from the benefits of the solution."
"We have not fully been able to get the full value out of the product. It is expensive compared to other things that we have had in the past. Paying that much and not being able to get the full return on the product is a downgrade. ​"
"Price (of the product) is a major concern for all the clients I work with."
"Surprisingly, it is quite expensive. That is something that we could always see: Improved pricing and the overall construct on how do we use each license in regards to usage of the tool."
"It's understandable to do a smaller scale initial evaluation. However, as you identify the product value, don't hesitant in your scope and scale to maximize the initial investment and your opportunity to do a bulk investment of the product."
"The product has moderate pricing."
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Top Industries

By visitors reading reviews
Financial Services Firm
22%
Manufacturing Company
8%
Computer Software Company
8%
Government
6%
Computer Software Company
13%
Financial Services Firm
9%
Manufacturing Company
8%
Retailer
7%
 

Company Size

By reviewers
Large Enterprise
Midsize Enterprise
Small Business
By reviewers
Company SizeCount
Small Business78
Midsize Enterprise50
Large Enterprise298
No data available
 

Questions from the Community

Any advice about APM solutions?
The key is to have a holistic view over the complete infrastructure, the ones you have listed are great for APM if you need to monitor applications end to end. I have tested them all and have not f...
What cloud monitoring software did you choose and why?
While the environment does matter in the selection of an APM tool, I prefer to use Dynatrace to manage the entire stack. Both production and Dev/Test. I find it to be quite superior to anything els...
Any advice about APM solutions?
There are many factors and we know little about your requirements (size of org, technology stack, management systems, the scope of implementation). Our goal was to consolidate APM and infra monitor...
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Sample Customers

Audi, Best Buy, LinkedIn, CISCO, Intuit, KRONOS, Scottrade, Wells Fargo, ULTA Beauty, Lenovo, Swarovsk, Nike, Whirlpool, American Express
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