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Monte Carlo vs Splunk Observability Cloud comparison

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

Monte Carlo
Average Rating
9.0
Reviews Sentiment
6.3
Number of Reviews
2
Ranking in other categories
Data Quality (12th), Data Observability (1st)
Splunk Observability Cloud
Average Rating
8.2
Reviews Sentiment
6.9
Number of Reviews
78
Ranking in other categories
Application Performance Monitoring (APM) and Observability (7th), Network Monitoring Software (7th), IT Infrastructure Monitoring (7th), Cloud Monitoring Software (6th), Container Management (6th), Digital Experience Monitoring (DEM) (2nd)
 

Mindshare comparison

Monte Carlo and Splunk Observability Cloud aren’t in the same category and serve different purposes. Monte Carlo is designed for Data Observability and holds a mindshare of 27.2%, down 33.3% compared to last year.
Splunk Observability Cloud, on the other hand, focuses on Application Performance Monitoring (APM) and Observability, holds 2.3% mindshare, up 1.5% since last year.
Data Observability Market Share Distribution
ProductMarket Share (%)
Monte Carlo27.2%
Unravel Data12.4%
Acceldata11.7%
Other48.7%
Data Observability
Application Performance Monitoring (APM) and Observability Market Share Distribution
ProductMarket Share (%)
Splunk Observability Cloud2.3%
Dynatrace6.3%
Datadog5.3%
Other86.1%
Application Performance Monitoring (APM) and Observability
 

Featured Reviews

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.
Taiwo Ige - PeerSpot reviewer
IT Operations Engineer at ABC Supply Co. Inc.
Alerting improves incident response across teams and enables faster awareness before customer impact
Splunk Observability Cloud could be improved in terms of integrations with more technical add-ons, such as Zoom. Although they have one with Zoom, it's not available in the cloud, so having that feature would be beneficial. Essentially, Splunk should continue expanding to create easier ways to ingest logs from different products. The out-of-the-box customizable dashboards in Splunk Observability Cloud are very effective in showcasing IT performance to business leaders. However, there are aspects that could be improved, such as linking dashboards to one another. While IT leaders may not drill down, it's crucial to create levels of dashboards for technical users to find root causes, making it effective for stakeholders.

Quotes from Members

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

Pros

"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."
"The best features in Splunk Observability Cloud are the metrics; I can see any logs or anything related to the server or services we want to monitor, and the metrics are a good function."
"The most valuable features include user time tracking and the ability to analyze application load times."
"Splunk's dashboards are great."
"Once configured correctly, the analysis reporting the Splunk APM provides is better than that of the other APM tools."
"It can monitor, get the data, and then report on the data."
"The initial setup of Splunk Real User Monitoring (RUM) was easy."
"We haven't really experienced any glitches or bugs."
"We utilize the APM and auto-detectors, as the core metrics and core alerts are available for us, which are the features of Splunk Observability Cloud that I appreciate the most."
 

Cons

"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."
"I've been using the Splunk query language, and it can be a bit time-consuming to set up the queries I need."
"Splunk Infrastructure Monitoring's data analytics can be improved by including suggestions for various types of continuous monitoring."
"The solution's stability is an area that has room for improvement. It needs to provide constant stability to its users."
"They do not have all the features that I expect right now."
"Particularly what we're having is disconnection from the cloud console, where we will be working in it and receive a message saying that we've been disconnected and have to wait for it to come up."
"The security could be better."
"The out-of-the-box customizable dashboards in Splunk Observability Cloud are very effective in showcasing IT performance to business leaders. However, there are aspects that could be improved, such as linking dashboards to one another."
"In the next release, I would like to see more integration with other solutions."
 

Pricing and Cost Advice

"The product has moderate pricing."
"Splunk APM is expensive."
"The product is a bit expensive considering the competition but the company may negotiate the price."
"Splunk APM is a very cost-efficient solution."
"Licensing cost is the biggest argument I get from those divesting from Splunk. There are those within our organization who say we are going to go to other tools since Splunk is too expensive."
"The pricing is reasonable."
"The price of Splunk APM is less than some of its competitors."
"Splunk offers a 14-day free trial and after that, we have to pay but the cost is reasonable."
"Splunk Observability Cloud is expensive."
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Top Industries

By visitors reading reviews
Computer Software Company
12%
Financial Services Firm
9%
Manufacturing Company
8%
Retailer
7%
Financial Services Firm
13%
Computer Software Company
10%
Manufacturing Company
9%
Retailer
7%
 

Company Size

By reviewers
Large Enterprise
Midsize Enterprise
Small Business
No data available
By reviewers
Company SizeCount
Small Business20
Midsize Enterprise10
Large Enterprise50
 

Questions from the Community

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...
What do you like most about SignalFx?
The most valuable feature is dashboard creation.
What needs improvement with SignalFx?
Regarding dashboard customization, while Splunk has many dashboard building options, customers sometimes need to create specific dashboards, particularly for applicative metrics such as Java and pr...
What is your primary use case for SignalFx?
The solution involves observability in general, such as Application Performance Monitoring, and generally addresses digital applications, web applications, sites, and mobile applications. I worked ...
 

Also Known As

No data available
Splunk Infrastructure Monitoring, Splunk Real User Monitoring (RUM), Splunk Synthetic Monitoring
 

Overview

 

Sample Customers

Information Not Available
Sunrun, Yelp, Onshape, Tapjoy, Symphony Commerce, Chairish, Clever, Grovo, Bazaar Voice, Zenefits, Avalara