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…
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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.
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Pricing
Altair Monarch
Astera ReportMiner
Editions & Modules
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ReportMiner Enterprise
Contact sales
per user
Offerings
Pricing Offerings
Altair Monarch
Astera ReportMiner
Free Trial
Yes
Yes
Free/Freemium Version
Yes
No
Premium Consulting/Integration Services
No
No
Entry-level Setup Fee
Optional
Optional
Additional Details
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Discounts are provided for 10 pack, 20 pack, 50 pack, and enterprise-wide ReportMiner Professional licenses.
* 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).
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
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.
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.
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.
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.
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.
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.