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Altair Monarch Reviews & Product Details - Page 7

Altair Monarch Overview

What is Altair Monarch?

An industry leader with over 30 years of experience in data discovery and transformation, Altair Monarch offers the fastest and easiest way to extract data from any source. Simple to construct workflows that require no coding enable users to collaborate as they transform difficult data such as PDFs spreadsheets, text files, as well as from big data and other structured sources, into rows and columns. Whether data is on premises or in the cloud, Altair can automate preparation tasks for expedited results and deliver data you trust for smart business decision making. To learn more about Altair Monarch or download a free version of its enterprise software, please click the links below.

Altair Monarch Details
Languages Supported
German, English
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Product Description

Altair Monarch is a market leading desktop-based no code data preparation solution. Monarch connects to multiple data sources including structured and unstructured data, cloud-based data, and big data. Monarch’s no code data preparation and analysis features enable people with different skill sets to access and transform data to discover insights, generate value and drive data-driven decisions.

How do you position yourself against your competitors?

By converting data from any source into rows and columns without any need for coding, only Altair Monarch quickly generates clean and accessible reports. More than 80 pre-built functions are available, enabling laborious and error-prone manual data preparation tasks to be fully automated. Reports that previously took hours or even days to create are now completed in minutes. As a result, Monarch enables users to focus more on value added data analysis that supports better decision making.


Seller Details
Seller
Altair
Year Founded
1985
HQ Location
Troy, MI
Twitter
@Altair_Inc
7,339 Twitter followers
LinkedIn® Page
www.linkedin.com
4,102 employees on LinkedIn®
Ownership
NASDAQ:ALTR
Total Revenue (USD mm)
$458
Description

Altair is a global technology company providing software and cloud solutions in the areas of simulation, high-performance computing (HPC), and artificial intelligence (AI), empowering innovation across industries.


Christine B.
CB
Overview Provided by:
I love lead generation and marketing operations!

Recent Altair Monarch Reviews

Tyasia D.
TD
Tyasia D.Enterprise (> 1000 emp.)
4.5 out of 5
"Unlimited Acceleration by Centralised Data"
I like how data is always on our finger tips for easy management. It has enabled us to make meaningful decisions based on accountability, insights...
Nick C.
NC
Nick C.Enterprise (> 1000 emp.)
4.5 out of 5
"Sophisticated & Iconic Data Extraction and Preparation Tool I Highly Trust"
With Altair Monarch, it is seamless to collect structured, unstructured and geospatial data across ETL services for real time modeling and preparat...
Verified User
A
Verified UserSmall-Business (50 or fewer emp.)
5.0 out of 5
"Subscription license renewal"
My only experience with Altair Monarch has been working with John Hernandez with support to resolve a license expiration warning. He was very qui...
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Altair Monarch Media

Altair Monarch Demo - Extract Data from Difficult, Semi-Structured Data
Monarch is the fastest and easiest way to extract data from difficult, semi-structured data like PDFs and text files, as well as, big data and other structured sources.
Altair Monarch Demo - 80+ Pre-built Functions
Easy to use. 80+ prebuilt functions that simplify data connections, data cleansing, data manipulation, and other data preparation tasks. Work done on data is logged to meet data lineage needs.
Altair Monarch Demo - Extract Data from Spreadsheets
Easily and quickly extract data from spreadsheets that use multiple tabs (worksheets), merged cells, specialized casing, rows/cells/columns that use conditional formatting (colors), and more.
Altair Monarch Demo - Extract data From Unstructured Data (PDF to Text)
Grab data from websites, unstructured data such as PDF and TXT files, structured data, and other disparate data sources. Design reports from this data for auditing, account reconciliation, regulatory requirements, or other use cases.
Altair Monarch Demo - Optimizing,Importing, and Exporting Using Monarch
Monarch can expedite the data extraction process from virtually any source, from your tabular databases to your local drives, and how to get consistent results.
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92 Altair Monarch Reviews

4.5 out of 5
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92 Altair Monarch Reviews
4.5 out of 5
92 Altair Monarch Reviews
4.5 out of 5

Overall Review Sentiment for Altair MonarchQuestion

Time to Implement
<1 day
>12 months
Return on Investment
<6 months
48+ months
Ease of Setup
0 (Difficult)
10 (Easy)
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Verified User in Automotive
IA
Enterprise(> 1000 emp.)
More Options
Validated Reviewer
Review source: G2 invite on behalf of seller
Incentivized Review
What do you like best about Altair Monarch?

the chat support was fast and efficient easy to find online and the agent was extremely knowledgeable Review collected by and hosted on G2.com.

What do you dislike about Altair Monarch?

not having the information readily available through asking support and finding chat online - this resolved install and licensing issues on a new pc for a user that transferred pcs Review collected by and hosted on G2.com.

What problems is Altair Monarch solving and how is that benefiting you?

our end users use it to analayze data from excel quickly and efficiently Review collected by and hosted on G2.com.

Verified User in Financial Services
UF
Enterprise(> 1000 emp.)
More Options
Validated Reviewer
Review source: G2 invite on behalf of seller
Incentivized Review
What do you like best about Altair Monarch?

Without the need for an IT project or IT resources I am able to access all the Data/Information I need to analyze whatever needs to be analyzed and researched within our enterprise. It is a liberating experience. I also love the fact that my work is repeatable once created. Review collected by and hosted on G2.com.

What do you dislike about Altair Monarch?

We currently have version 13 of Data Prep Studio which has been unable to support large data sets (upwards of 500K records). I believe this is no longer an issue with version 14. Review collected by and hosted on G2.com.

Recommendations to others considering Altair Monarch:

Watch the YouTube videos to get inspired and follow along for practice. Also join the Datawatch Community so you can engage with other users of the product. Review collected by and hosted on G2.com.

What problems is Altair Monarch solving and how is that benefiting you?

Personally Monarch is saving me conservatively 2-3 hours a day in data acquisition and preparation. In addition to the time savings we have been able to prevent fraud losses by better profiling and identifying bad membership profiles. Estimates in savings are in the six figure range per project. Review collected by and hosted on G2.com.

Mike E.
ME
Field Engineer
Information Technology and Services
Mid-Market(51-1000 emp.)
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Validated Reviewer
Review source: G2 invite on behalf of seller
Incentivized Review
What do you like best about Altair Monarch?

We use Monarch as well as the automater server. We like being able to automate the routine imports that we do which makes the process much more reliable. Review collected by and hosted on G2.com.

What do you dislike about Altair Monarch?

Overall we are happy with our purchase. We have had a couple of GUI issues with the automater but support was helpful and the problem should be fixed in a future release. Review collected by and hosted on G2.com.

Recommendations to others considering Altair Monarch:

There are powerful tools to process data and automate the tasks. We used to have multiple people responsible for massaging the incoming data. Now it is a reliable and automated process. Review collected by and hosted on G2.com.

What problems is Altair Monarch solving and how is that benefiting you?

We receive regular exports from multiple sources that we need to bring into our database and report on. Review collected by and hosted on G2.com.

Verified User in Accounting
UA
Enterprise(> 1000 emp.)
More Options
Validated Reviewer
Review source: G2 invite on behalf of seller
Incentivized Review
What do you like best about Altair Monarch?

The thing that I like the best is the ability to take a text document that comes from our front end systems, create a template/model and be able to extract the exact information that is needed to process monthly filings. Review collected by and hosted on G2.com.

What do you dislike about Altair Monarch?

The thing that I dislike the most is the lack of onsite trainings although the support offered by Datawatch is very helpful and always quick to respond. One other thing that I dislike is the amount of time that it takes to process a report through the Prep Studio. Until our computers get upgraded to the point where it can handle that much data at one time, we are unable to use that feature to its fullest capability. Review collected by and hosted on G2.com.

Recommendations to others considering Altair Monarch:

If you are looking for a way to be able to most efficiently analyze data received through reports from your ERP or other software programs, Monarch is an amazing tool. Review collected by and hosted on G2.com.

What problems is Altair Monarch solving and how is that benefiting you?

The main business problem that we've worked with Datawatch on is ways that we can reduce time spent on analyzing data received from our front end systems. By using Monarch, we have been able to reduce this time significantly and almost immediately. Review collected by and hosted on G2.com.

Verified User in Financial Services
EF
Enterprise(> 1000 emp.)
More Options
Validated Reviewer
Review source: G2 invite on behalf of seller
Incentivized Review
What do you like best about Altair Monarch?

Flexible, easy to use, replicable, scalable. It saves a significant amount of time. Review collected by and hosted on G2.com.

What do you dislike about Altair Monarch?

Somehow difficult to parse multiple line reports Review collected by and hosted on G2.com.

Recommendations to others considering Altair Monarch:

Best to have a few very well trained users to create models and projects. Review collected by and hosted on G2.com.

What problems is Altair Monarch solving and how is that benefiting you?

recurring reports that are not formatted to extract data Review collected by and hosted on G2.com.

Tracy G.
TG
Manager of Operations
Financial Services
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Seller invite
Incentivized Review
What do you like best about Altair Monarch?

The ability to work with various different types of files (i.e. xlsx, csv, delimited files (pipe delimiter), SQL databases, Salesforce - and the list goes on and on). Review collected by and hosted on G2.com.

What do you dislike about Altair Monarch?

I like to "experiment" and I have found that that does not always work as expected in Monarch - which has invalidated several of my tables/workspaces before Complete v14 was released, that is. I have yet to put the new undo features to good used, but I expect to soon. Review collected by and hosted on G2.com.

Recommendations to others considering Altair Monarch:

If you are looking for an application that can extract data from pdf reports or from almost any other source for analytics, then you need to evaluate this application to see if it fits all your needs. I especially like the Data Prep Studio application, as it is very robust and offers similar functionality to a database, like SQL. Review collected by and hosted on G2.com.

What problems is Altair Monarch solving and how is that benefiting you?

As mentioned in the title of my review, Monarch Complete helped turn one of my longest running projects into a quarterly process that I can run without issue. The project involved cost basis reconciliation (reconcile clients' investment cost basis in comparison to the custodian's reported cost basis) and it was "on my plate" for over 6 years before I discovered Monarch Complete. My firm purchased Complete in March 2016 and by August 2016 I had completely developed the reconciliation process and "ran it through the rigors". Monarch Complete handled it with ease. (Details: This process involves concatenating 20 separate text based files from one of our custodian's and then comparing that data to the same data from our portfolio accounting system. The first run identified over 4,000 rows of lot-level cost basis data that required correction within our portfolio accounting system. I have run this process now 3 times since the initial run and each time it gets easier. And the best part of this is, the workspace I developed to handle the concatenation of all those files works without fail each time. It is truly a "set and forget" concept! Review collected by and hosted on G2.com.

Ian N.
IN
Consultant
Investment Management
Enterprise(> 1000 emp.)
More Options
Validated Reviewer
Review source: G2 invite on behalf of seller
Incentivized Review
What do you like best about Altair Monarch?

Great UI and customer support is more than willing to help when issues do arise. I parse large amounts of vendor data through Monarch and then export the synthesized data to excel. The software easily picks up information fields and speeds up operation time immensely. Review collected by and hosted on G2.com.

What do you dislike about Altair Monarch?

The high cost prices out most consumers. Review collected by and hosted on G2.com.

Recommendations to others considering Altair Monarch:

Use the trial version first to make sure it's what you want. There are other solutions out there and know Datawatch is a premium service. Review collected by and hosted on G2.com.

What problems is Altair Monarch solving and how is that benefiting you?

Aggregating large volumes of "poor" data sets into synthesized and malleable excel sheets. Review collected by and hosted on G2.com.

Verified User in Hospital & Health Care
UH
Enterprise(> 1000 emp.)
More Options
Validated Reviewer
Verified Current User
Review source: G2 invite on behalf of seller
Incentivized Review
What do you like best about Altair Monarch?

I love using Monarch to gather reports from multiple sources and transform them into usable files. Review collected by and hosted on G2.com.

What do you dislike about Altair Monarch?

There is nothing I don't like about the software. Review collected by and hosted on G2.com.

Recommendations to others considering Altair Monarch:

If you have issues with reports that are not uniformly formatted or need to combine multiple reports into summaries, then Monarch is what you need. Review collected by and hosted on G2.com.

What problems is Altair Monarch solving and how is that benefiting you?

Combining multiple reports into usable data and able to save those every month tasks into projects that can be performed with one click of a button. The process has streamlined my entire compliance function. Review collected by and hosted on G2.com.

William J. E.
WE
Associate Business Analyst
Retail
Enterprise(> 1000 emp.)
More Options
Validated Reviewer
Review source: G2 invite on behalf of seller
Incentivized Review
What do you like best about Altair Monarch?

I enjoy being able to easily convert PDFs into Excel based documents to be able to better analyze the information. Review collected by and hosted on G2.com.

What do you dislike about Altair Monarch?

When multiple PDFs are uploaded, it makes the program slow, but still usable. Review collected by and hosted on G2.com.

Recommendations to others considering Altair Monarch:

If your company often uses PDFs and could use them better as Excel cocs, this program may be helpful to you. Review collected by and hosted on G2.com.

What problems is Altair Monarch solving and how is that benefiting you?

We are converting point of sale PDFs and Excel docs to a more usable format, and we have seen better labor efficency because of it. Review collected by and hosted on G2.com.

Marie M.
MM
Operations, Adjustment Supervisor
Financial Services
Enterprise(> 1000 emp.)
More Options
Validated Reviewer
Verified Current User
Review source: G2 invite on behalf of seller
Incentivized Review
What do you like best about Altair Monarch?

the functionalities of being able to organize and extract raw data from multiple sources. Review collected by and hosted on G2.com.

What do you dislike about Altair Monarch?

there isn't anything within application that is disliked Review collected by and hosted on G2.com.

What problems is Altair Monarch solving and how is that benefiting you?

the ease of use , and functionality to extract raw data from multiple sources and filtering Review collected by and hosted on G2.com.