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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 (2nd), AIOps (2nd), AI Observability (4th)
Monte Carlo
Average Rating
9.0
Reviews Sentiment
6.3
Number of Reviews
2
Ranking in other categories
Data Quality (12th), Data Observability (1st)
 

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 6.3%, down 11.4% compared to last year.
Monte Carlo, on the other hand, focuses on Data Observability, holds 27.2% mindshare, down 33.3% since last year.
Application Performance Monitoring (APM) and Observability Market Share Distribution
ProductMarket Share (%)
Dynatrace6.3%
Datadog5.3%
New Relic4.0%
Other84.4%
Application Performance Monitoring (APM) and Observability
Data Observability Market Share Distribution
ProductMarket Share (%)
Monte Carlo27.2%
Unravel Data12.4%
Acceldata11.7%
Other48.7%
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 5,001-10,000 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

"We use the Dynatrace AI to assess impact. Because it links to real users, it is generally pretty correct in terms of when it raises an incident. We determine the severity by how many users it is affecting, then we use it as business justification to put a priority on that alert."
"The ability for Dynatrace to identify the root cause of problems in a timely manner through its powerful AI capability and dependency mapping is a real value add for the service that we offer."
"We use it to monitor over a 1000 servers in AWS."
"In terms of AI, I love the base-lining Dynatrace provides us. It baselines the application over a seven-day period; we have it at the default of seven days. The artificial intelligence is so amazing because it can automatically track each transaction and their response times: how much CPU they use, how much memory, resources that they use. If there’s any deviation from that Dynatrace will tell me like right away. If there’s a deployment and the deployment has increased response time or is taking up CPU or has caused a memory leak, I can say, “Hey guys, you need to look at this, it’s this function on this page in this microservice, in this docker container. You need to go here, you need to fix it, it’s not going live.” It has just increased our productivity off the charts."
"With Dynatrace, we have synthetic checks and real-user monitoring of all of our websites, places where members and providers can interact with us over the web. We monitor the response times of those with Dynatrace, and it's all integrated into one place."
"I think the design is pretty scalable. It's pretty easy to add additional nodes if we need to. Also, it's easy to migrate changes from one environment to another."
"The solution's most valuable features are AI and root cause analysis."
"We can be more productive and agile. It allows us to be more accurate when we need to work with bugs."
"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 scalability is there, but it is a headache when you do a lot of stuff and when you need to compare a lot of servers and do a lot of things. The scalability is very difficult to maintain."
"​We are waiting on the new features to see how they perform."
"The product could be faster and lighter, especially the rich client which uses many resources."
"I am unable to use Synthetic to automate user login."
"​The integration between the web monitoring of Dynatrace and OneAgent. ​"
"Enterprise Synthetic of DC RUM can be made more robust."
"There is still a certain amount of technical skills needed to be able to understand what you are seeing on it. You also need a large amount of technical or infrastructure skills to understand how and where to install it."
"It could be more affordable and therefore, more widely used by including more features like DEM as part of licensing cost rather than an additional expense."
"For anomaly detection, the product provides only the last three weeks of data, while some competitors can analyze a more extended data history."
"Some improvements I see for Monte Carlo include alert tuning and noise reduction, as other data quality tools offer that."
 

Pricing and Cost Advice

"I have not been able to observe more than 1% overhead, despite Dynatrace saying that it can be slightly higher in some situations."
"Dynatrace has a place for everybody. How you use it and what your budgetary limitations are will dictate what you do with it. But it's within everybody's reach. If you're a small organization and you have a large infrastructure, you may not be able to monitor the whole thing. You may have to pick and choose what you want to monitor, and you have the ability to do so. Your available funds are going to dictate that."
"Price (of the product) is a major concern for all the clients I work with."
"Dynatrace is the most expensive APM that we sell, compared to competitors' products. The license pricing could be improved. My customers pay for licensing yearly."
"The product is superior to others, but it comes with a price tag that is often difficult to position back to clients."
"The pricing is a bit on the higher end."
"The setup costs for Dynatrace are low, however licensing costs are high."
"There are additional Professional Services costs which ensure the solution is configured with meaningful names so you're getting the most money for your investment."
"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
12%
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...
What is your experience regarding pricing and costs for Monte Carlo?
My experience with pricing, setup cost, and licensing indicates that pricing is commensurate with the enterprise-grade observability. While initial setup, particularly tuning the monitors, demands ...
What needs improvement with Monte Carlo?
Some improvements I see for Monte Carlo include alert tuning and noise reduction, as other data quality tools offer that. While its anomaly detection is powerful, it sometimes generates alerts that...
What is your primary use case for Monte Carlo?
Our main use case for Monte Carlo is in the energy sector where it has been central to helping us ensure we have trusted and reliable data across our critical operational and business data pipeline...
 

Comparisons

 

Overview

 

Sample Customers

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