IBM CPLEX Optimization Studio vs. MATLAB

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
IBM CPLEX Optimization Studio
Score 9.2 out of 10
N/A
IBM CPLEX Optimization Studio is a mathematical decision optimization application, for building applications or deploying optimization models.
$199
Per User Per Month
MATLAB
Score 8.3 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
IBM CPLEX Optimization StudioMATLAB
Editions & Modules
Developer Subscription
$199.00
Per User Per Month
Student
$49
per student license
Student
$49
per student suite 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
IBM CPLEX Optimization StudioMATLAB
Free Trial
NoNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional Details
More Pricing Information
Community Pulse
IBM CPLEX Optimization StudioMATLAB
Considered Both Products
IBM CPLEX Optimization Studio
Chose 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.
MATLAB

No answer on this topic

Top Pros

No answers on this topic

Top Cons
Features
IBM CPLEX Optimization StudioMATLAB
Platform Connectivity
Comparison of Platform Connectivity features of Product A and Product B
IBM CPLEX Optimization Studio
8.0
2 Ratings
5% below category average
MATLAB
-
Ratings
Connect to Multiple Data Sources9.02 Ratings00 Ratings
Extend Existing Data Sources7.02 Ratings00 Ratings
Automatic Data Format Detection8.02 Ratings00 Ratings
MDM Integration8.02 Ratings00 Ratings
Data Exploration
Comparison of Data Exploration features of Product A and Product B
IBM CPLEX Optimization Studio
10.0
2 Ratings
17% above category average
MATLAB
-
Ratings
Visualization10.02 Ratings00 Ratings
Interactive Data Analysis10.02 Ratings00 Ratings
Data Preparation
Comparison of Data Preparation features of Product A and Product B
IBM CPLEX Optimization Studio
7.2
2 Ratings
14% below category average
MATLAB
-
Ratings
Interactive Data Cleaning and Enrichment5.01 Ratings00 Ratings
Data Transformations7.01 Ratings00 Ratings
Data Encryption8.02 Ratings00 Ratings
Built-in Processors9.02 Ratings00 Ratings
Platform Data Modeling
Comparison of Platform Data Modeling features of Product A and Product B
IBM CPLEX Optimization Studio
8.0
2 Ratings
7% below category average
MATLAB
-
Ratings
Multiple Model Development Languages and Tools10.02 Ratings00 Ratings
Automated Machine Learning5.01 Ratings00 Ratings
Single platform for multiple model development8.02 Ratings00 Ratings
Self-Service Model Delivery9.01 Ratings00 Ratings
Model Deployment
Comparison of Model Deployment features of Product A and Product B
IBM CPLEX Optimization Studio
10.0
2 Ratings
15% above category average
MATLAB
-
Ratings
Flexible Model Publishing Options10.02 Ratings00 Ratings
Security, Governance, and Cost Controls10.02 Ratings00 Ratings
Best Alternatives
IBM CPLEX Optimization StudioMATLAB
Small Businesses
Saturn Cloud
Saturn Cloud
Score 9.1 out of 10
IBM SPSS Modeler
IBM SPSS Modeler
Score 7.9 out of 10
Medium-sized Companies
Mathematica
Mathematica
Score 8.3 out of 10
Alteryx
Alteryx
Score 9.0 out of 10
Enterprises
Dataiku
Dataiku
Score 8.6 out of 10
IBM SPSS Modeler
IBM SPSS Modeler
Score 7.9 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
IBM CPLEX Optimization StudioMATLAB
Likelihood to Recommend
9.0
(2 ratings)
8.1
(53 ratings)
Usability
9.0
(1 ratings)
9.9
(4 ratings)
Support Rating
7.0
(1 ratings)
9.5
(7 ratings)
User Testimonials
IBM CPLEX Optimization StudioMATLAB
Likelihood to Recommend
IBM
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.
Read full review
MathWorks
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.
Read full review
Pros
IBM
  • Linear Programming
  • Mixed-Integer Linear Programming
  • Non-Linear Convex-Optimization
  • Visualization
  • Shadow Price Analysis
  • Parameter Tuning
Read full review
MathWorks
  • 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.
Read full review
Cons
IBM
  • Data handling from different sources like Note Pad, etc.
  • Large size of MILP problems.
  • Various parameters to set.
Read full review
MathWorks
  • 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.
Read full review
Usability
IBM
It's nice to use and with good optimization.
Read full review
MathWorks
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.
Read full review
Support Rating
IBM
Honestly, to say, I never contacted CPLEX but used its forum to know/clarify any issues I faced.
Read full review
MathWorks
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.
Read full review
Alternatives Considered
IBM
IBM CPLEX Optimization Studio covers wide range of problems in comparison to Gurobi and also offers a number of visualization tools for results analysis. It has better customization and parameter tuning options in comparison to Gurobi. It offers various API integrations such as Python, Java and C++ which is not the case with Gurobi.
Read full review
MathWorks
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.
Read full review
Return on Investment
IBM
  • Faster computation leading to better internal customer relations
  • Able to solve high variable problems with ease
  • Anomaly detection became easier within business
Read full review
MathWorks
  • 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.
Read full review
ScreenShots