Altair Monarch vs. Astera ReportMiner

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
Astera ReportMiner
Score 8.3 out of 10
Mid-Size Companies (51-1,000 employees)
Astera ReportMiner automates data extraction from unstructured documents with a drag-and-drop UI. It is used to create reusable, pattern-based templates. Combining AI and template-based extraction, ReportMiner allows for auto-generating and fine-tuning templates.N/A
Pricing
Altair MonarchAstera ReportMiner
Editions & Modules
No answers on this topic
ReportMiner Enterprise
Contact sales
per user
Offerings
Pricing Offerings
Altair MonarchAstera ReportMiner
Free Trial
YesYes
Free/Freemium Version
YesNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeOptionalOptional
Additional DetailsDiscounts are provided for 10 pack, 20 pack, 50 pack, and enterprise-wide ReportMiner Professional licenses.
More Pricing Information
Community Pulse
Altair MonarchAstera ReportMiner
User Ratings
Altair MonarchAstera ReportMiner
Likelihood to Recommend
8.1
(0 ratings)
8.1
(0 ratings)
Likelihood to Renew
7.2
(0 ratings)
9.1
(0 ratings)
User Testimonials
Altair MonarchAstera ReportMiner
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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ReportMiner is well suited for digitizing PDFs that includes data that follows a pattern such as a bank statement. It saves a bunch of time to make one report that will be able to be used each month for that bank. The program would not be useful if you had to spend the time making a new report each month for a new bank with a few lines of data
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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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  • It performs its function well, with flexibility and relative ease.
  • Ability to easily convert PDF into text, especially in those situations where PDF documents have complicated formats.
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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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  • Could provide some features to help with advanced analytics for big data. (i.e. larger data sets)
  • Too much clutter on their Youtube page, they should highlight the tutorials so they are easier to find for new users. Get rid of old tutorial video playlists so the organization is clean and up to date.
  • Have sales rep follow up with customers to offer product updates, new product releases, and do check ins to see if customers have suggestions for feature improvement.
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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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It is the best way to get a multi line record from pdf to Excel in one row.
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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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Astera ReportMiner had a more concentrated feature stack for what we were looking for at a cheaper price so we went with it instead of other competitors that had more features, more complicated UIs, and had more expensive subscription packages because of it. They also had an easy purchase/setup process at the time of our procurement.
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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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  • Efficient and automated data extraction. Saves time and resources.
  • User-friendly interface and good documentation. It is therefore easiest to learn and apply in a short time.
  • Documents, which have various formats of data tables or arrangement, needed a lot of manual fixing. So it required a lot of time for validation and quality control.
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ScreenShots

Altair Monarch Screenshots

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Astera ReportMiner Screenshots

Screenshot of the AI-powered data extraction in Astera Report Miner that allows users to extract information from unstructured data sources automatically without creating templates.Screenshot of the automated report mining that generates report models for each file in the folder and successfully generated files to the AI Generated Report Models folder.Screenshot of the standalone report models that automatically uses the Auto create layout model in the tool.Screenshot of where Astera ReportMiner provides an option to extract data from PDF files that have images or scanned documents that are saved as PDFs with Optical Character Recognition (OCR) feature. Users can also select the suitable resolution to apply OCR.Screenshot of the drop-down menu where users can choose purchase orders or invoices. Users can provide the layout of the data that they want to extract from these source files either via importing a layout defined object from a dataflow or importing a layout from a JSON.