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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 (30th), Data Observability (2nd)
Splunk Observability Cloud
Average Rating
8.2
Reviews Sentiment
7.0
Number of Reviews
75
Ranking in other categories
Application Performance Monitoring (APM) and Observability (8th), Network Monitoring Software (6th), 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 26.6%, down 34.4% compared to last year.
Splunk Observability Cloud, on the other hand, focuses on Application Performance Monitoring (APM) and Observability, holds 2.2% mindshare, up 1.4% since last year.
Data Observability Market Share Distribution
ProductMarket Share (%)
Monte Carlo26.6%
Acceldata11.3%
Anomalo9.6%
Other52.49999999999999%
Data Observability
Application Performance Monitoring (APM) and Observability Market Share Distribution
ProductMarket Share (%)
Splunk Observability Cloud2.2%
Dynatrace6.6%
Datadog5.5%
Other85.7%
Application Performance Monitoring (APM) and Observability
 

Featured Reviews

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.
Dhananjay Dileep - PeerSpot reviewer
Senior Software Engineer at a consultancy with 10,001+ employees
Unified monitoring has improved end-to-end visibility and reduced detection time across apps
When we have too many detectors in place for one particular app, such as when I have created 50+ detectors through my account, the entire page becomes a bit loaded when creating the 51st detector, feeling heavy and taking time to load. Additionally, it throws random errors; for example, when we try to save one detector, it might throw some random error which is not even related, with something else being wrong, not that particular error, but the underlying root cause might be different. Sometimes the error is just "some problem occurred," and we are not able to point out what the real cause is. This mainly happens when we have too many detectors or too many alerts in place rather than a standard number. One more thing is in the alert rules; if we have a main general alert, and instead of creating a new detector, we are adding a new rule under one detector, when the number of rules also increases, such as when we have 10 or 15 rules under one generic detector, that again creates the same kind of problem, taking some time to save that particular newly added rule, and it might not save at times, just keeps on spinning. Those are the two drawbacks which I spotted recently; other than that, everything looks perfect.

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 most valuable thing that we have seen within our group is the ability to ingest all this raw data and have it organized in a certain way so that different groups can get effective alerting from this massive amount of raw data that is out there."
"It's starting to help reduce our Mean Time to Detect (MTDD) because the visibility we gain is unprecedented, allowing us insight into applications that we've never had before."
"Initially, before Splunk, we had a long time to resolve issues; now, with Splunk Observability Cloud, we will be able to solve them quickly and know exactly where the issue is."
"With the metrics collection, I can proactively find incidents and work on the major issues when they happen and predict these issues."
"Once configured correctly, the analysis reporting the Splunk APM provides is better than that of the other APM tools."
"The initial setup was straightforward. We didn't find it to be too complex."
"The product retains a lot of log data for subsequent analysis."
"Dashboards help the application support teams to have a quick look at how their systems are running. It helps other teams as well."
 

Cons

"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."
"We have both on-prem and cloud, and the challenge is getting all our log data aggregated or streams aggregated so that it is real-time. We do a pretty good job of that, but our organization is not using it as a security platform when it can do a great job of that."
"Splunk APM should include a better correlation between resources and infrastructure monitoring."
"I would rate Splunk technical support at six out of ten. When we have a problem and need to create a case, the response isn't quick."
"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."
"The RUM part of Splunk Observability Cloud can be improved significantly."
"A wide variety of logging makes log onboarding difficult."
"It is essential for the monitoring tool to deliver quick response times when generating analytical reports, instead of prolonged delays."
"A lot of customers had a hard time effectively searching within the data in Splunk. There is a learning curve from searches to indexes and using all the macros that we have created. It is a little difficult for somebody who has not used it quite a bit and does not have a lot of practice with it, but the AI features that we have been hearing about through Splunk will make it a lot easier for us to use human language to search this data. That is big. That is pretty powerful, and that will help a lot with our customers."
 

Pricing and Cost Advice

"The product has moderate pricing."
"This is an expensive solution."
"I am not in that circle, but we are currently licensing based on our queries. That is working out for us. Previously, it was by volume of data, and now, we can store as much data as we want."
"Splunk Infrastructure Monitoring is an expensive solution."
"The pricing is based on several factors, including the scale of deployment."
"Splunk Observability Cloud is expensive."
"It is expensive."
"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."
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Top Industries

By visitors reading reviews
Computer Software Company
13%
Financial Services Firm
9%
Manufacturing Company
8%
Retailer
7%
No data available
 

Company Size

By reviewers
Large Enterprise
Midsize Enterprise
Small Business
No data available
By reviewers
Company SizeCount
Small Business20
Midsize Enterprise10
Large Enterprise47
 

Questions from the Community

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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