What users are saying about
Top Rated
192 Ratings
4 Ratings
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Score 6.9 out of 100
Top Rated
192 Ratings
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Score 8.4 out of 100

Feature Set Ratings

    Platform Connectivity

    6.3

    IBM CPLEX Optimization Studio

    63%

    MATLAB

    Feature Set Not Supported
    N/A
    IBM CPLEX Optimization Studio ranks higher in 4/4 features

    Connect to Multiple Data Sources

    8.0
    80%
    1 Rating
    N/A
    0 Ratings

    Extend Existing Data Sources

    6.0
    60%
    1 Rating
    N/A
    0 Ratings

    Automatic Data Format Detection

    6.0
    60%
    1 Rating
    N/A
    0 Ratings

    MDM Integration

    5.0
    50%
    1 Rating
    N/A
    0 Ratings

    Data Exploration

    2.5

    IBM CPLEX Optimization Studio

    25%

    MATLAB

    Feature Set Not Supported
    N/A
    IBM CPLEX Optimization Studio ranks higher in 2/2 features

    Visualization

    1.0
    10%
    1 Rating
    N/A
    0 Ratings

    Interactive Data Analysis

    4.0
    40%
    1 Rating
    N/A
    0 Ratings

    Data Preparation

    5.3

    IBM CPLEX Optimization Studio

    53%

    MATLAB

    Feature Set Not Supported
    N/A
    IBM CPLEX Optimization Studio ranks higher in 4/4 features

    Interactive Data Cleaning and Enrichment

    5.0
    50%
    1 Rating
    N/A
    0 Ratings

    Data Transformations

    7.0
    70%
    1 Rating
    N/A
    0 Ratings

    Data Encryption

    7.0
    70%
    1 Rating
    N/A
    0 Ratings

    Built-in Processors

    2.0
    20%
    1 Rating
    N/A
    0 Ratings

    Platform Data Modeling

    5.7

    IBM CPLEX Optimization Studio

    57%

    MATLAB

    Feature Set Not Supported
    N/A
    IBM CPLEX Optimization Studio ranks higher in 3/3 features

    Multiple Model Development Languages and Tools

    6.0
    60%
    1 Rating
    N/A
    0 Ratings

    Automated Machine Learning

    5.0
    50%
    1 Rating
    N/A
    0 Ratings

    Single platform for multiple model development

    6.0
    60%
    1 Rating
    N/A
    0 Ratings

    Model Deployment

    8.0

    IBM CPLEX Optimization Studio

    80%

    MATLAB

    Feature Set Not Supported
    N/A
    IBM CPLEX Optimization Studio ranks higher in 2/2 features

    Flexible Model Publishing Options

    8.0
    80%
    1 Rating
    N/A
    0 Ratings

    Security, Governance, and Cost Controls

    8.0
    80%
    1 Rating
    N/A
    0 Ratings

    Attribute Ratings

    • IBM CPLEX Optimization Studio is rated higher in 1 area: Likelihood to Recommend
    • MATLAB is rated higher in 2 areas: Usability, Support Rating

    Likelihood to Recommend

    9.0

    IBM CPLEX Optimization Studio

    90%
    1 Rating
    8.5

    MATLAB

    85%
    55 Ratings

    Usability

    9.0

    IBM CPLEX Optimization Studio

    90%
    1 Rating
    9.8

    MATLAB

    98%
    4 Ratings

    Support Rating

    7.0

    IBM CPLEX Optimization Studio

    70%
    1 Rating
    9.2

    MATLAB

    92%
    13 Ratings

    Likelihood to Recommend

    IBM CPLEX Optimization Studio

    It is well suited for solving large-sized, mixed-integer, and integer programming problems. Now, the new version supports for Multi-Objective optimization along with some new algorithms such as Benders Decomposition. It is less appropriate for quadratic programming problems where the objective function is the product of multiple variables. However, it's very easy to code any problem.
    Anonymous | TrustRadius Reviewer

    MATLAB

    MATLAB really does best for solving computational problems in math and engineering. Especially when you have to use a lot of functions in your solving process, or if you have a nonlinear equation that must be iteratively solved. [MATLAB] can also perform things like integration and derivation on your equations that you put into it.
    Anonymous | TrustRadius Reviewer

    Pros

    IBM CPLEX Optimization Studio

    • Integer programming.
    • Mixed integer programming.
    • Quadratic programming.
    • Multi-objective optimization.
    Anonymous | TrustRadius Reviewer

    MATLAB

    • It has a very user friendly library which helps users learn this software fairly quickly in a short span of time.
    • The graphical user interface provided by the software is really good.
    • The code that a person writes allows options for debugging.
    • One can visualize the flow of control of their code inside MATLAB.
    Saransh Dikshit | TrustRadius Reviewer

    Cons

    IBM CPLEX Optimization Studio

    • Data handling from different sources like Note Pad, etc.
    • Large size of MILP problems.
    • Various parameters to set.
    Anonymous | TrustRadius Reviewer

    MATLAB

    • MatLab is pricier than most of its competitors and because of this reason, many organizations are moving towards cheaper alternatives - mostly Python.
    • MatLab is inefficient when it comes to performing a large number of iterations. It gets laggy and often crashes. Python is better in this regard.
    • There is a limited number of hardware options (mostly NI) that can be connected directly to the data acquisition toolbox.
    Abdullah Umair Bajwa | TrustRadius Reviewer

    Pricing Details

    IBM CPLEX Optimization Studio

    General

    Free Trial
    Free/Freemium Version
    Premium Consulting/Integration Services
    Entry-level set up fee?
    No

    Starting Price

    $199 Per User Per Month

    IBM CPLEX Optimization Studio Editions & Modules

    Edition
    Developer Subscription$199.001
    1. Per User Per Month
    Additional Pricing Details

    MATLAB

    General

    Free Trial
    Free/Freemium Version
    Premium Consulting/Integration Services
    Entry-level set up fee?
    No

    Starting Price

    $49 per student license

    MATLAB Editions & Modules

    Edition
    Standard$8601
    Standard$2,1502
    Education$5002
    Education$2503
    Student$494
    Student$495
    Home$1496
    1. per year
    2. perpetual license
    3. per year
    4. per student license
    5. per student suite license
    6. perpetual license
    Additional Pricing Details

    Usability

    IBM CPLEX Optimization Studio

    IBM CPLEX Optimization Studio 9.0
    Based on 1 answer
    It's nice to use and with good optimization.
    Anonymous | TrustRadius Reviewer

    MATLAB

    MATLAB 9.8
    Based on 4 answers
    MATLAB is pretty easy to use. You can extend its capabilities using the programming interface. Very flexible capabilities when it comes to graphical presentation of your data (so many different kinds of options for your plotting needs). Anytime you are working with large data sets, or with matrices, MATLAB is likely to be very helpful.
    Tom Reid | TrustRadius Reviewer

    Support Rating

    IBM CPLEX Optimization Studio

    IBM CPLEX Optimization Studio 7.0
    Based on 1 answer
    Honestly, to say, I never contacted CPLEX but used its forum to know/clarify any issues I faced.
    Anonymous | TrustRadius Reviewer

    MATLAB

    MATLAB 9.2
    Based on 13 answers
    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.
    Anonymous | TrustRadius Reviewer

    Alternatives Considered

    IBM CPLEX Optimization Studio

    Compared with MATLAB, CPLEX is a more user-friendly and simpler structure for writing models. This one also has a good return on investment.
    Anonymous | TrustRadius Reviewer

    MATLAB

    How MATLAB compares to its competition or similar open access tools like R (programming language) or SciLab is that it's simply more powerful and capable. It embraces a wider spectrum of possibilities for far more fields than any other environment. R, for example, is intended primarily for the area of statistical computing. SciLab, on the other hand, is a similar open access tool that falls very short in its computing capabilities. It's much slower when running larger scripts and isn't documented or supported nearly as well as MATLAB.
    Juan Carlos Molina Castejón | TrustRadius Reviewer

    Return on Investment

    IBM CPLEX Optimization Studio

    • Better for price.
    • Many model parameters/features.
    • No visualization.
    Anonymous | TrustRadius Reviewer

    MATLAB

    • MATLAB helps us quickly sort through large sets of data because we keep the same script each time we run an analyzation, making it very efficient to run this whole process.
    • The software makes it super easy for us to create plots that we can then show to investors or clients to display our data.
    • We are also looking to create an app for our product, and we will not be able to do that on MATLAB, therefore creating a limiting issue and a new learning curve for a programming language.
    Tyler Grudowski | TrustRadius Reviewer

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