Altair Monarch vs. RapidMiner

* 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).

Incentivized

RapidMiner is the best tool to build models on textual data. It is rich in ML algorithms and reduces the need to manually tune the parameters. It automatically optimizes them, thus providing a better solution. RapidMiner again extends great capability for data preparation, its insane connections to almost every data source pulls in the data easily into one environment. And it can comfortably perform data cleaning and process tasks over that. RapidMiner is not so good with image, audio or video data. These data points cannot be used directly in their raw form. They must be transformed into some intermediate form for performing analytics over it. Moreover, there are no connectors to directly pull data from their varied sources. For example, we don't have a connector to read audio data directly from a switch and then convert it to text (although Google speech API is available for audio to text conversion.)

Incentivized

• 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.

Incentivized

• RapidMiner Studio offers a superb user interface with an intuitive workflow paradigm that is very easy to learn.
• RapidMiner Studio’s operators make it a complete and powerful tool for data preprocessing, data visualization, and data mining/analytics.
• RapidMiner Studio provides excellent documentation, countless worked examples, training and support via a large user community.
• Every problem is solved using a sequence of operators.
• Statistical analysis capabilities offered with the T-Test, ANOVA, Grouped ANOVA, and ANOVA Matrix operators.
• Textual data mining operators.
• Web-based and cloud computing capabilities.
• Visualization capabilities.
• Marketplace Extensions – especially Finance And Economics.
• Process portability.

Incentivized

• 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.

Incentivized

• Wish the tool was more efficient in terms of processing power. The tool takes a lot of CPU processing power, even for a small process on a small data set
• Wish there were more options on charts and graphs to visualize the data

Incentivized

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.

Incentivized

Very fast and user-friendly tool

Incentivized

Very use to use and learn

Incentivized

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.

Incentivized

The other product like RapidMiner Studio that I have used is WEKA. I decided to use RapidMiner because almost all modelling methods and feature selection methods from the Weka machine learning library are available within RapidMiner. Furthermore, RapidMiner Studio is a visual workflow and therefore it is easier to demonstrate and visualise the processes involves in getting the desired results. Visualization of workflow enhances teaching and learning. RapidMiner is rich with algorithms and online learning materials that can assist students in their self-directed learning on data preparation, machine learning, deep learning, text mining, and predictive analytics. Moreover, RapidMiner repository has more than 1500 machine learning algorithms and functions that students can explore for any case study and assignments. The RapidMIner is also an open platform that can seamlessly integrates with other applications programmed with other programming languages like R and Python.

Incentivized

• 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

Incentivized

• We saved over $100k on our direct mail program by not mailing to those unlikely to respond to our mailings based on our predictive analysis.
• Our CX team has saved countless hours by automating call scripts to isolate key phrases and code each call.

Incentivized