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  3. Altair RapidMiner
Logo of Altair RapidMiner

Altair RapidMiner

bySiemens (Altair)
in
4.4
Market Presence: Data Science and Machine Learning Platforms (Transitioning to AI Platforms For Data Science and Machine Learning), Data Preparation Tools

Overview

Product Information on Altair RapidMiner

Updated 13th October 2025

What is Altair RapidMiner?

Altair RapidMiner is a software designed for data science, machine learning, and advanced analytics. It offers a visual workflow designer that enables users to prepare data, build predictive models, and operationalize analytics projects. The software supports a range of data sources and methods, allowing integration with databases and cloud storage, as well as the application of various data preparation, transformation, and modeling techniques. Altair RapidMiner provides tools for data exploration, model validation, automation, and deployment, addressing business problems such as component failure prediction, risk analytics, customer segmentation, and forecasting. It aims to help organizations derive insights from large datasets and streamline decision-making processes through accessible machine learning and analytical capabilities.

Altair RapidMiner Pricing

Altair RapidMiner software uses a subscription-based pricing model that offers various tiers based on user needs, including options for individual, small team, and enterprise deployments. The pricing structure typically considers the scale of usage, ranging from limited feature access to advanced functionality and larger capacity, and may include support and updates within the subscription period.

Overall experience with Altair RapidMiner

Senior Accountant
250M - 500M USD, Healthcare and Biotech
FAVORABLE

“Everything about the Altair Monarch product and service is Excellent”

5.0
Sep 26, 2023
We use Monarch to reduce two days of conversion to under 30 minutes.
Systems Analyst
250M - 500M USD, Finance (non-banking)
CRITICAL

“Great Low Code ETL Tool”

3.0
Sep 14, 2023
The product- Altair Monarch has been very useful for our business

About Company

Company Description

Updated 29th August 2023

Altair (Nasdaq: ALTR) is a global tech company focused on computational science and AI. Its simulation- and AI-driven approach to innovation is powered by its broad portfolio of high-fidelity, physics-based solvers, high-fidelity technology for optimization and HPC, and end-to-end platform for developing AI solutions. Altair democratizes its technologies to deliver more power to customers through: - A flexible, patented units-based licensing model, which lowers barriers to adoption and increases technology utilization - Anytime, anywhere access to Altair products through Altair One, its cloud innovation gateway - Integration with 3rd-party software applications at no incremental cost - Altair's open architecture philosophy, which includes integrating with other software tools and enabling customers to leverage the SAS language with modern languages like Python & open-source technologies

Company Details

Updated 2nd October 2024
Company type
Public
Year Founded
1985
Head office location
Troy, United States
Number of employees
1001 - 5000
Annual Revenue
500M-1B USD
Website
https://altair.com

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Key Insights

A Snapshot of What Matters - Based on Validated User Reviews

Reviewer Insights for: Altair RapidMiner
Deciding Factors: Altair RapidMiner Vs. Market Average

Altair RapidMiner Likes & Dislikes

Like

What I like most is that it works, and that if we ever have a problem with any of the models for the 28 daily and monthly reports, Altair is happy to help with technical issues beyond our understanding. What I truly appreciate is that Altair helped us create the models to convert our daily and monthly stat reports to usable downloadable files, using our own reports. They did not just sell us the service and then leave us to figure it out on our own.

Like

I like the ability to manipulate data and being able to get data from .txt and .pdf files

Like

Monarch offers extensive options for file input and output formats. Their tools allow simple conversion of an external file into a language we can read. Monarch also allows significant segmentation of data over our large database of records. We frequently ingest a number of records far beyond the capacity of EXCEL allowing us to filter and select a targeted set of records that can be exported to EXCEL for analysis by a wider range of users. When our SQL-based Business Intelligence group is faced with a request that would consume more resources than can be committed, the Monarch users are asked to step in to satisfy an immediate need. Monarch offers regular Ask the Expert online sessions at no charge to users for direct interaction with Altair subject matter experts. As an experienced user, I try to join whenever possible even if the subject matter seems to cover topics with which I am already familiar. During the 1-hour session, I always learn more about the tool that I thought I knew well.

Dislike

What I dislike the most is that we did not find this sooner.

Dislike

Limitations of logic when creating calculated columns. Only being able to import .txt files as files that will be trapped when we receive several files in .txt format that are actually pipe-delimited text files, etc.

Dislike

A recent change in licensing and pricing structure almost prevented our budgetary ability to renew. Working with the sales team, a phased approach provided enough relief that made the product cost more reasonable.

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Peer Discussions

Altair RapidMiner Reviews and Ratings

Showing data for 101 ratings and reviews for Data Preparation Tools market. View all 556 ratings and reviews across markets for a complete picture.

4.4

(101 Ratings)

Rating Distribution

5 Star
54%
4 Star
40%
3 Star
6%
2 Star
0%
1 Star
0%
Why ratings and reviews count differ?

Customer Experience

Evaluation & Contracting

4.5

Integration & Deployment

4.5

Service & Support

4.5

Product Capabilities

4.6

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  • Senior Accountant
    50M-1B USD
    Healthcare and Biotech
    Review Source

    Everything about the Altair Monarch product and service is Excellent

    5.0
    Sep 26, 2023
    We use Monarch to reduce two days of conversion to under 30 minutes.
  • Product Analysis and Support Manager
    50M-1B USD
    Banking
    Review Source

    Unmatched Product for Delivery Fast Accurate Analysis

    5.0
    Sep 14, 2023
    Monarch provides powerful analysis tools for instant "one-off" inquiries where alternate sources within our business development group could take days and extensive resources.
  • Director of Finance
    <50M USD
    Consumer Goods
    Review Source

    If you don't have Monarch, you don't know what you and you Company are missing out on.

    5.0
    Sep 14, 2023
    I am a very long term user of Monarch, over 20+ year. Blows away anything that Access does. Extremely easy to use, on any type of database, with the ability to generate output in a user friendly format.
  • Director of IT
    50M-1B USD
    Finance (non-banking)
    Review Source

    Monarch is a great tool for processing complex data sets.

    4.0
    Sep 21, 2023
    Altair Monarch helps us to significantly reduce the time to process and analyze complex files - PDF, Excel, XML and JSON. Altair has a great customer service, educational sessions and webinars and variety of helpful resources.
  • Systems Analyst
    50M-1B USD
    Finance (non-banking)
    Review Source

    Great Low Code ETL Tool

    3.0
    Sep 14, 2023
    The product- Altair Monarch has been very useful for our business
...
Showing Result 1-5 of 101

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  • Market Guide for Data Preparation Tools

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