Alteryx Platform vs. MATLAB

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Alteryx Platform
Score 8.9 out of 10
N/A
The Alteryx AI Platform gives organization automated data preparation, AI-powered analytics, and machine learning with embedded governance and security. Its self-service functionality, with self-service data prep, machine learning, and AI-generated insights, gives enterprise teams with a simplified user experience allowing everyone to create analytic solutions that improve productivity, efficiency, and the bottom line. Alteryx Designer can be used to automate every analytics step…
$4,950
per year per user (minimum of 3 users)
MATLAB
Score 9.0 out of 10
N/A
MatLab is a predictive analytics and computing platform based on a proprietary programming language. MatLab is used across industry and academia.
$49
per student license
Pricing
Alteryx PlatformMATLAB
Editions & Modules
Designer Desktop
starting at $5,195
per year per user
Designer Cloud Professional Edition
Starting at $4,950
per year per user (minimum of 3 users)
Student
$49
per student license
Home
$149
perpetual license
Education
$250
per year
Education
$500
perpetual license
Standard
$860
per year
Standard
2,150
perpetual license
Offerings
Pricing Offerings
Alteryx PlatformMATLAB
Free Trial
YesNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional Details
More Pricing Information
Community Pulse
Alteryx PlatformMATLAB
Best Alternatives
Alteryx PlatformMATLAB
Small Businesses
IBM SPSS Statistics
IBM SPSS Statistics
Score 7.8 out of 10
IBM SPSS Statistics
IBM SPSS Statistics
Score 7.8 out of 10
Medium-sized Companies
JMP
JMP
Score 9.2 out of 10
Alteryx Platform
Alteryx Platform
Score 8.9 out of 10
Enterprises
Dataiku
Dataiku
Score 7.6 out of 10
Dataiku
Dataiku
Score 7.6 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
Alteryx PlatformMATLAB
Likelihood to Recommend
8.8
(0 ratings)
8.1
(0 ratings)
Likelihood to Renew
8.9
(0 ratings)
-
(0 ratings)
Usability
9.1
(0 ratings)
9.9
(0 ratings)
Availability
7.3
(0 ratings)
-
(0 ratings)
Performance
8.6
(0 ratings)
-
(0 ratings)
Support Rating
9.2
(0 ratings)
9.5
(0 ratings)
In-Person Training
7.0
(0 ratings)
-
(0 ratings)
Online Training
8.5
(0 ratings)
-
(0 ratings)
Implementation Rating
8.0
(0 ratings)
-
(0 ratings)
Configurability
7.3
(0 ratings)
-
(0 ratings)
Ease of integration
8.2
(0 ratings)
-
(0 ratings)
Product Scalability
7.3
(0 ratings)
-
(0 ratings)
Vendor post-sale
8.2
(0 ratings)
-
(0 ratings)
Vendor pre-sale
7.3
(0 ratings)
-
(0 ratings)
User Testimonials
Alteryx PlatformMATLAB
Likelihood to Recommend
We're trying right now to get more people using it at our company so we can send management documented cases for how we can expand and purchase Alteryx Server which will extend the capabilities even more and across more departments. It's been well suited for pretty much everything we do on a repeating schedule. It's worth the time to set up the workflows. When Treasury sends me the bank download now - I save it to a folder and run our workflows and send back 2 journal entries in .9 seconds. (yes - in less than a second it's finished running)
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Engineering, mathematical modeling, and machine learning are all fields where MATLAB will shine. It's fast, reliable, and relatively easy to use. MATLAB is the de facto standard when it comes to producing high-quality plots. If you need to deal with large data sets, and not take forever processing them, MATLAB may very well be the tool for you!
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Pros
  • Pulling data from multiple disparate data sources.
  • Allows users to see the data at every step of the workflow to be able to cleanse, analyze, and optimize the data.
  • Provides an analytics platform that is easy for users of all levels to thrive in whether they are just starting out in their analytics journey or they have a master's degree in Data Science.
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  • Has robust and easy-to-use debugging tools that can help one identify problems in one's codes.
  • Rich, well-developed and efficient library of mathematical and statistical functions that one might need to develop models or perform statistical analysis.
  • A very active online user community that is a great resource in terms of seeking help when you hit a snag.
  • Great help literature (and sometimes videos too) on all tools making it possible for all to train themselves.
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Cons
  • Steeper Learning Curve: Alteryx can have a steep learning curve for users who are new to the platform or have limited experience with data analytics. Enhancements to the user interface and user onboarding resources could help make the learning process more intuitive and accessible to a wider range of users.
  • Enhanced Data Visualization Capabilities: Alteryx offers basic data visualization capabilities, but there is room for improvement in terms of advanced visualizations and interactive dashboarding features. Adding more sophisticated chart types, interactive widgets, and customization options would enhance the data visualization capabilities within the platform.
  • Improved Error Handling and Debugging: Alteryx provides error handling mechanisms, but enhancing the error reporting and debugging capabilities would be beneficial. Improved error messages, better visibility into data flow, and debugging tools could help users troubleshoot and resolve issues more efficiently.
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  • MATLAB should have a full free version (without time limit) in order to be more accessible and thus have a greater user community.
  • The idea of having toolboxes to work directly with hardware (microcontrollers, single-board computers) is great, but one can tell it isn't updated very frequently and there isn't as much documentation available as with more common resources.
  • Our organization had a lot of trouble getting our network licenses to work properly and there wasn't any local service provider that could help us get it to work faster.
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Likelihood to Renew
We've developed a working partnership with Alteryx. As an enablement suite, we're continuing to innovate and deliver great products with use of Alteryx in our solutions. Alteryx use expands to our global product development teams and is in use in multiple parts of our organization. Alteryx also delivers Experian demographic content to other clients in their product offering. We're highly likely to renew, but that decision is way above my pay grade.
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Usability
I've found that while some things might take a little longer to create, the flexibility of Alteryx allows you to perform any function needed. I haven't found a use that was not available in Alteryx yet. APIs and XMLs can be created to perform certain functions. In addition, CMD line commands can be sent using Alteryx to perform certain functions as well.
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The best thing about MATLAB is the variety of research and development fields it supports. The reason for this rating is that it is best used for medical images enhancement and signal processing, it is also used for speech to text conversion. This tool server is best when the demand is for machine learning.
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Reliability and Availability
I use many programs and compared to others, Alteryx virtually never goes down, freezes up or gives an application error. Over a 4 year time period that I have used this program, any of these may have happened 3 times. It is an incredibly stable program that I feel completely confident in.
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Performance
Alteryx is an extremely reliable platform. If there is an error in my workflow, I feel pretty strongly it was probably my fault. The platform also handles large amounts of data very quickly and can join/match, sort, filter, calculate on that data quickly as well. One of my favorite things to build into a workflow are the messages based on data/metadata and error messages based on errors I have come across before.
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Support Rating
Stellar, bar-none. Some of the best support folks of any vendor. The Alteryx Community is the most responsive and supportive. On the rare occasion of a release issue or bug, we've been able to get quick help to solve the core problem. Alteryx does not play the blame game. They genuinely help the users solve their issues or respond to questions
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The built-in search engine is not as performing as I wish it would be. However, the YouTube channel has a vast library of informative video that can help understanding the software. Also, many other software have a nice bridge into MATLAB, which makes it very versatile. Overall, the support for MATLAB is good.
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In-Person Training
1st level of trainings which I've attended in Paris was easy and I was already knowing %90, that learning could have been an e-learning instead of in-person
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No answers on this topic
Online Training
Very good, detailed online trainings which you can take at your own pace, and strong certifications exists, certifications are extremely detailed and hard...
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No answers on this topic
Implementation Rating
There is really not much to it (the installation, that is). Once you get it installed, along with any of the add-ons (demographics, R, etc.), you are up and running almost immediately. There is really no additional setup. You can immediately begin blending data, running demographics, performing spatial queries, running predictive analysis, etc. And for many of these functions, the learning curve is quite easy.
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Alternatives Considered
I used ACL before so all my scripts were written in SQL and it was not low code at all. After me and my team started using Alteryx, we moved all the scripts to workflows in Alteryx, it took some time, but works way better than ACL, it is faster and easier to maintain it any changes have to be done.
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The commands and coding language of MATLAB reads a lot more in plain English as opposed to all the periods and other special characters that are needed when typing in Python or Java. Additionally MATLAB has several different function packages that can solve all different categories of problems so you don't have to make a bunch of different code scrips from scratch.
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Scalability
Individual analysts can quickly generate results using their own copy of Alteryx Designer. But using the Server and developing macros for more complex needs can be time consuming.
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Return on Investment
  • Error handling - allows controls to be built into workflows easily and allows them to be isolated and spat into control reports that can be easily reviewed and audited, thanks to the ability to create multiple outputs in one go.
  • Time-saving - saved huge amounts of time, especially when moving Excel processes into Alteryx.
  • Product development - allowed my firm to create products that we have been able to market and sell to clients.
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  • MATLAB has made me a better coder. I can see the code behind inbuilt functions which helps me improve my own coding.
  • The various features offered in the software helped me to understand new topics in a relatively short span of time.
  • MATLAB has a rich forum and library which allows exchange of ideas and info with other users. This has certainly broadened my horizon.
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ScreenShots

Alteryx Platform Screenshots

Screenshot of Alteryx APA - Automating asset inputsScreenshot of Alteryx APA - Automating outcomesScreenshot of Alteryx APA - Data enrichment and insightsScreenshot of Alteryx APA - Data quality and preparationScreenshot of Alteryx APA - Data science and decisions