Altair Monarch vs. IBM SPSS Modeler

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Altair Monarch
Score 8.0 out of 10
N/A
Altair Monarch (formerly Datawatch Monarch, acquired by Altair in December, 2018) works with both relational and multi-structured data including support for a wide range of formats including PDF, XML, HTML, text, spool and ASCII files. The product can access data from invoices, sales reports, balance sheets, customer lists, inventory, logs and more. According to the vendor, the system is easy to use, allowing users to quickly select any data source and automatically convert it into…N/A
IBM SPSS Modeler
Score 7.1 out of 10
N/A
IBM SPSS Modeler is a visual data science and machine learning (ML) solution designed to help enterprises accelerate time to value by speeding up operational tasks for data scientists. Organizations can use it for data preparation and discovery, predictive analytics, model management and deployment, and ML to monetize data assets.
$4,670
per year
Pricing
Altair MonarchIBM SPSS Modeler
Editions & Modules
No answers on this topic
IBM SPSS Modeler Personal
4,670
per year
IBM SPSS Modeler Professional
7,000
per year
IBM SPSS Modeler Premium
11,600
per year
IBM SPSS Modeler Gold
contact IBM
per year
Offerings
Pricing Offerings
Altair MonarchIBM SPSS Modeler
Free Trial
YesYes
Free/Freemium Version
YesNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeOptionalOptional
Additional DetailsIBM SPSS Modeler Personal enables users to design and build predictive models right from the desktop. IBM SPSS Modeler Professional extends SPSS Modeler Personal with enterprise-scale in-database mining, SQL pushback, collaboration and deployment, champion/challenger, A/B testing, and more. IBM SPSS Modeler Premium extends SPSS Modeler Professional by including unstructured data analysis with integrated, natural language text and entity and social network analytics. IBM SPSS Modeler Gold extends SPSS Modeler Premium with the ability to build and deploy predictive models directly into the business process to aid in decision making. This is achieved with Decision Management which combines predictive analytics with rules, scoring, and optimization to deliver recommended actions at the point of impact.
More Pricing Information
Community Pulse
Altair MonarchIBM SPSS Modeler
Considered Both Products
Altair Monarch
Chose Altair Monarch
Datawatch is very good value of money compared to QlikView; QlikView is really more of a BI tool and has a lot of functions that I didn't need. Datawatch is very strong in the real-time area where Tableau, Panorama, and Qlik don't do very well. If you need to set up a visual …
Chose Altair Monarch
Datawatch Monarch has been the standard text editing solution for Supervalu for over 10 years. Because it works so well and was already a well-known fixture in our organization, the benefits of Data Pump were immediately recognized. We did not look for other software solutions, …
IBM SPSS Modeler
Chose IBM SPSS Modeler
Python requires knowledge of programming, higher learning curve vs IBM SPSS Modeler
Chose IBM SPSS Modeler
IBM SPSS Modeler is considerably easier to use. It allows for very rapid development and the ability to get to a goal quickly. There is no need to learn a new programming language so the analyst has the ability to focus on the problem rather than the pedantics of managing …
Chose IBM SPSS Modeler
We additionally use SAS Data Miner as a toolkit. Compared to SAS Data Miner, the SPSS Modeler is a good competitor. SAS probably is more integrated in the market for a visual-based code for data science activities. However, I don't think it offers anything better than SPSS, and …
Chose IBM SPSS Modeler
SPSS has a great set of analytical models, but SPSS is especially strong (compared to other tools) in complex statistical modeling and predictive analytics/statistics. However, the data connectivity features of SPSS are not the best, as the data sources SPSS can work with are …
Chose IBM SPSS Modeler
The field of data analytics has important value for each organization. IBM SPSS Modeler is one of the leaders in this highly competitive vertical. IBM SPSS is very intuitive compared with others, and has reduced the complexity. This software has various good functionalities …
Chose IBM SPSS Modeler
When it comes to investigation and descriptive we have found SPSS Statistics to be the tool of choice, but when it comes to projects with large and several datasets SPSS Modeler has been picked from our customers.
Features
Altair MonarchIBM SPSS Modeler
Platform Connectivity
Comparison of Platform Connectivity features of Product A and Product B
Altair Monarch
-
Ratings
IBM SPSS Modeler
7.0
Ratings
18% below category average
Connect to Multiple Data Sources00 Ratings7.00 Ratings
Extend Existing Data Sources00 Ratings7.00 Ratings
Best Alternatives
Altair MonarchIBM SPSS Modeler
Small Businesses
IBM SPSS Modeler
IBM SPSS Modeler
Score 7.1 out of 10
Jupyter Notebook
Jupyter Notebook
Score 9.4 out of 10
Medium-sized Companies
IBM InfoSphere Information Server
IBM InfoSphere Information Server
Score 8.0 out of 10
Posit
Posit
Score 10.0 out of 10
Enterprises
IBM InfoSphere Information Server
IBM InfoSphere Information Server
Score 8.0 out of 10
Posit
Posit
Score 10.0 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
Altair MonarchIBM SPSS Modeler
Likelihood to Recommend
8.1
(0 ratings)
7.0
(0 ratings)
Likelihood to Renew
7.2
(0 ratings)
-
(0 ratings)
Usability
-
(0 ratings)
8.0
(0 ratings)
Support Rating
-
(0 ratings)
10.0
(0 ratings)
User Testimonials
Altair MonarchIBM SPSS Modeler
Likelihood to Recommend
* Individual seat licenses are very expensive, which is one reason we are moving to CMOD/RMS. But RMS has less functionality than standalone Monarch (now known as "Modeler"). I would like to know what improvements we can expect in RMS, I would also ask, what is the future of the standalone version? * In the past there has been a dearth of user discussion and support in the online community, although this seems to be improving with the new "Datawatch Commmunity" (http://community.datawatch.com).
Read full review
Modeler is well suited for understanding consumer data. The ability to create a prediction and then to understand what is driving that prediction is strong in Modeler. Modeler is closely aligned with the CRISP-DM data mining approach meaning it is not just the 'doing' but also the theoretical background behind the development of data mining models.
Read full review
Pros
  • It allows us to quickly dump large non-ALV SAP reports into Excel. Exporting these reports prior to Modeler was cumbersome at best.
  • Customizable models allow us to easily gather required data from the same report running different dates. This is perfect for month-end reports.
  • Quick exports.
Read full review
  • A very nice and easy to use interface.
  • A great variety of analytics, from statistical calculation to data validation and predictive statistics.
  • Has a steep learning curve.
Read full review
Cons
  • Setting up visualizations with time series data requires a good understanding of how the software works. I would like it to be more intuitive. Having said that, time series data is inherently complicated and I don't see any obvious ways to make it simpler. But I'm not a software designer myself; they could put more resources into the user experience.
  • Their video training is really helpful and they have a big library of videos, but the videos get out of date as they come out with new versions. I can imagine that it's difficult to keep all the videos updated, but it would be great if the videos were always using the latest major version of the product.
  • They need more visualizations. They have a pretty big collection now but it seems like there is often some other way to present and visually analyze data that would be a better/tighter fit with requirements than the visualizations available in the standard product. I understand it is possible to add more visualizations - custom visualizations - but that's beyond my expertise.
Read full review
  • Some Analyses aren't there out of the box but can be added through open languages like R and Python.
  • Graphs could be better.
  • Unable to read data stored in OLAP databases
Read full review
Likelihood to Renew
Datawatch recently repositioned Data Pump and essentially priced us out of the market. The initial investment was very inexpensive, but the yearly maintenance contract was viewed as being a little pricey. The only value of the contract was that it included software upgrades. The Professional Services portion of the contract that was meant to provide support was not viewed as being very effective or beneficial.
Read full review
No answers on this topic
Usability
No answers on this topic
The ability to do predictive modeling, text analytics for both structured & unstructured data, decision management, optimization, and support for various data sources
Read full review
Support Rating
No answers on this topic
The online support board is helpful and the free add ons are incredibly appreciated.
Read full review
Alternatives Considered
Datawatch is very good value of money compared to QlikView; QlikView is really more of a BI tool and has a lot of functions that I didn't need. Datawatch is very strong in the real-time area where Tableau, Panorama, and Qlik don't do very well. If you need to set up a visual monitoring dashboard, Datawatch is the best product I've seen for that. if you want to do a lot of in depth statistical analysis of large databases, Tableau is probably a good option.
Read full review
We additionally use SAS Data Miner as a toolkit. Compared to SAS Data Miner, the SPSS Modeler is a good competitor. SAS probably is more integrated in the market for a visual-based code for data science activities. However, I don't think it offers anything better than SPSS, and I really like several of the helpful components for usability for SPSS like peaks into nodes.
Read full review
Return on Investment
  • Data Pump reduces complexity of report solutions by offering a standardized approach for organizing and scheduling
  • 97% service level for past 5 years for all of our jobs going through Data Pump
Read full review
  • I am able to study and work from home sustainably
  • I can help others have a high quality university education experience to graduate confident and competent to meet gaps in the wider community
  • Market research for my business
  • Help other small businesses to create viable and high quality products and services
  • Contribute to research projects: ethical, high quality data analyses and interpretation
Read full review
ScreenShots

Altair Monarch Screenshots

Screenshot of Screenshot of Screenshot of

IBM SPSS Modeler Screenshots

Screenshot of Use a single run to test multiple modeling methods, compare results and select which model to deploy. Quickly choose the best performing algorithm based on model performance.Screenshot of Explore geographic data, such as latitude and longitude, postal codes and addresses. Combine it with current and historical data for better insights and predictive accuracy.Screenshot of Capture key concepts, themes, sentiments and trends by analyzing unstructured text data. Uncover insights in web activity, blog content, customer feedback, emails and social media comments.Screenshot of Use R, Python, Spark, Hadoop and other open source technologies to amplify the power of your analytics. Extend and complement these technologies for more advanced analytics while you keep control.