Altair Monarch vs. JMP

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
JMP
Score 9.2 out of 10
N/A
JMP® is statistical analysis software with capabilities that span from data access to advanced statistical techniques, with click of a button sharing. The software is interactive and visual, and statistically deep enough to allow users to see and explore data.
$1,320
per year per user
Pricing
Altair MonarchJMP
Editions & Modules
No answers on this topic
JMP
$1320
per year per user
Offerings
Pricing Offerings
Altair MonarchJMP
Free Trial
YesYes
Free/Freemium Version
YesNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeOptionalNo setup fee
Additional DetailsBulk discounts available.
More Pricing Information
Community Pulse
Altair MonarchJMP
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, …
JMP
Chose JMP
Much better than Excel for deep data dives, but also much steeper learning curve. And the cost is significantly higher - Excel is provided by default, but we have to request a JMP license each year.
Chose JMP
It is great because it has UI menus but it costs money whereas the other programs are free. That makes it ideal for beginners but I think that RStudio and Python are going to make someone a lot more marketable for future opportunities since most companies won't pay for the …
Chose JMP
JMP is superior to the MS Excel product in its graphical presentation and graphical exploration platforms. It has minor deficiencies in the lack of a 'goal seek' formula (although one can sort of get to this using the simulation platforms in some of the higher level ML …
Chose JMP
Compared to other, similar programs, JMP is outstanding in ease of use and ability to be used by almost anyone across an organization. It is more fluid, user friendly, and, most importantly, requires no coding experience. The only two areas where it is not as good as …
Chose JMP
JMP is more user-friendly, in my opinion, as it doesn't require any coding or searching for hours into cryptic folders for the analysis you want to perform. It is also very good for recording large data sets. Moreover, it is compatible with Microsoft Excel.
Chose JMP
For me, JMP is the best and easy way to run regressions. I wouldn't use it for other more advanced models. I decided to use it because we got it for free since we are technically an academic institution.
Chose JMP
I have only used STATA as a statistical package, and they are completely different tools. JMP has a much better layout and ease of use, but may not be as powerful as STATA for advanced processes. Overall speed and ease of use makes it like a combination of ms excel and stata …
Chose JMP
For what it does, it has better value and is easier to train other users to use.
Chose JMP
We actually use both JMP and IBM SPSS, but I think JMP's complexity lends itself to more in-depth statistical analyses. SPSS is designed for that as well, but we tend to use it more for quicker analyses, and we have found that JMP is far more powerful.
Chose JMP
Minitab, MODE. JMP is more user-friendly, interactive, and visual, with larger variety of analysis and tools. DOE platform itself is superior to any other software, instead of fitting the problem to classical design, the design is fitted to any problem and constraints.
Chose JMP
MS Excel is good for manipulating data and providing flexible data arrays, but has serious deficiencies in its graphical displays and analytic capabilities. This is where JMP has its greatest advantages...see some of my previous comments, but I see these software applications …
Chose JMP
Compared to:
MSExcel - Useful from engineering data analysis perspective
Matlab - cost/ expensive licensing
Chose JMP
I choose JMP because I can accomplish various analyses in one place (no need to move my data around). JMP also can handle huge data sets.
Chose JMP
I much prefer the ability to code my programs which is the main method used in both SAS and R. These software choices allow for quicker, more efficient, and more advanced analysis techniques. The one area that JMP is above these is in graphics and visual displays of data. JMP …
Chose JMP
Well, JMP is excellent for statistical analysis. So, this product it is well used for statistical analysis and data analytics.
Chose JMP
As I stated before, you can use Excel to do many similar things to JMP; you can even use SAS to create graphs without having to do any sort of exporting. If you use SAS, however, you know these graphs are hideous, and sometimes using an Excel graphs makes you look like you are …
Chose JMP
JMP is fast and powerful but little costly than others. But good return for money.
Chose JMP
Preference to JMP is driven more by my personal affinity for SAS and its application capabilities.
Chose JMP
I heard good things from colleagues who have used JMP. We did not get too far down the SPSS route before we decided to go with JMP because of price and perceived benefit from my colleague's advice.
Chose JMP
JMP simply excels against its competitors and the best way we know that is from our clients who have switched from other products. They recognize that their analytical capabilities are much higher with JMP then with whatever tools they used in the past. The ability to integrate …
Chose JMP
JMP is more powerful in terms of data graphing, correlation analysis, profiler capability, and DOE functionality.
Chose JMP
JMP is better with visual data representation, and as a general statistics exploration package. Technical needs like Design of Experiments are just easier to do in JMP
Chose JMP
MS Excel with AnalysisToolPak provides a home-grown solution, but requires a high degree of upkeep and is difficult to hand off. Minitab is the closes competitor, but JMP is better suited to the production environment, roughly equivalent in price, and has superior support.
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Altair MonarchJMP
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User Ratings
Altair MonarchJMP
Likelihood to Recommend
8.1
(0 ratings)
9.0
(0 ratings)
Likelihood to Renew
7.2
(0 ratings)
10.0
(0 ratings)
Usability
-
(0 ratings)
8.0
(0 ratings)
Availability
-
(0 ratings)
10.0
(0 ratings)
Performance
-
(0 ratings)
10.0
(0 ratings)
Support Rating
-
(0 ratings)
9.2
(0 ratings)
Online Training
-
(0 ratings)
7.9
(0 ratings)
Implementation Rating
-
(0 ratings)
9.6
(0 ratings)
Product Scalability
-
(0 ratings)
10.0
(0 ratings)
User Testimonials
Altair MonarchJMP
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).
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Many organizations have seen their analytical capabilities, and the results from them, plateau. Of these, we've observed, that most of them didn't appreciate that they could do (even) better. These companies should definitely consider JMP. Any company that is research-based can benefit from accelerating their research, learning more in less time, effort and cost, with JMP's tools. Basically, any organization that is hungry enough for improvement to seek out better ways is suitable for JMP. Those who are happy with their current performance are not likely to consider the changes, though they were not major impediments by our clients, required.
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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.
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  • Graphs are more detail-oriented and contain statistical inferences.
  • Everything is drag and drop. Pretty much easy to use and handle and also to learn.
  • Importing and exporting the results are easy and they can be attached with any other tool for processing.
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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.
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  • Loading a large amount of data is very tedious as it takes a lot of time and it crashes very frequently.
  • I dislike the limited options they have in terms of statistical models or analysis tools.
  • Variable value designation is a big problem in JMP, the software fails to recognize the type of data when it comes to the numeric value.
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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.
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I've mentioned this earlier, but the licensing agreements are very prohibitive. I work with a company where my role has become less and less doing my own analytics and more and more trying to help other people in that role. As we are bringing more people "up to speed" it's hard to justify licenses for 2-3 people when they aren't full time, Six Sigma black belts just looking at stats all day. A floating license option would make this a no-brainer, since these people could continue their other work and add JMP usage as they grow their skills, but this is not something JMP/SAS has offered.
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Usability
No answers on this topic
The GUI interface makes it easier to generate plots and find statistics without having to write code. The JSL scripting is a bit of a steep learning curve but does give you more ability to customize your analysis. Overall, I would recommend JMP as a good product for overall usability.
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Support Rating
No answers on this topic
The helpful tips are great for new users. I am always able to find solutions to a tool I am working with through the hep section. And my area has a users group that meets each quarter to share ideas and view upcoming JMP revisions.
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Online Training
No answers on this topic
I have not used your online training. I use JMP manuals and SAS direct help.
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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.
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We actually use both JMP and IBM SPSS, but I think JMP's complexity lends itself to more in-depth statistical analyses. SPSS is designed for that as well, but we tend to use it more for quicker analyses, and we have found that JMP is far more powerful.
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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
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  • JMP has resulted in literally millions of dollars in ROI due to identification of correctable errors.
  • Use of JMP control charts JMP has greatly simplified and improved interpretation of Lean, FMEA, and PDSA type analyses.
  • Use of JMP has enable the testing and subsequent selection of 'best practices' saving uncounted hours in false starts based on 'collective experience'.
  • The down side is that JMP is not a 'magic box', one still has to take care in applying the tools properly. Moreover, time-consuming approaches using JMP may still be the 'order of the day', because the service (even power user) is unaware of significant shortcuts available for free on the JMP community website.
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ScreenShots

Altair Monarch Screenshots

Screenshot of Screenshot of Screenshot of

JMP Screenshots

Screenshot of in JMP, how all graphical displays and the data table are linked.Screenshot of a few designed experiments, for more understanding and maximum impact. Users can understand cause and effect using statistically designed experiments — even with limited resources.Screenshot of an example of Predictive Modeling in JMP Pro's Prediction Profiler, used to build better models for more confident decision making.Screenshot of example outputs, built with tools designed for quality and reliability.