What users are saying about
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Top Rated
152 Ratings
3 Ratings
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Score 8.8 out of 100

MATLAB

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Top Rated
152 Ratings
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Score 8.5 out of 100

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

Feature Rating Comparison

Platform Connectivity

IBM CPLEX Optimization Studio
6.3
MATLAB
Connect to Multiple Data Sources
IBM CPLEX Optimization Studio
8.0
MATLAB
Extend Existing Data Sources
IBM CPLEX Optimization Studio
6.0
MATLAB
Automatic Data Format Detection
IBM CPLEX Optimization Studio
6.0
MATLAB
MDM Integration
IBM CPLEX Optimization Studio
5.0
MATLAB

Data Exploration

IBM CPLEX Optimization Studio
2.5
MATLAB
Visualization
IBM CPLEX Optimization Studio
1.0
MATLAB
Interactive Data Analysis
IBM CPLEX Optimization Studio
4.0
MATLAB

Data Preparation

IBM CPLEX Optimization Studio
5.3
MATLAB
Interactive Data Cleaning and Enrichment
IBM CPLEX Optimization Studio
5.0
MATLAB
Data Transformations
IBM CPLEX Optimization Studio
7.0
MATLAB
Data Encryption
IBM CPLEX Optimization Studio
7.0
MATLAB
Built-in Processors
IBM CPLEX Optimization Studio
2.0
MATLAB

Platform Data Modeling

IBM CPLEX Optimization Studio
5.7
MATLAB
Multiple Model Development Languages and Tools
IBM CPLEX Optimization Studio
6.0
MATLAB
Automated Machine Learning
IBM CPLEX Optimization Studio
5.0
MATLAB
Single platform for multiple model development
IBM CPLEX Optimization Studio
6.0
MATLAB

Model Deployment

IBM CPLEX Optimization Studio
8.0
MATLAB
Flexible Model Publishing Options
IBM CPLEX Optimization Studio
8.0
MATLAB
Security, Governance, and Cost Controls
IBM CPLEX Optimization Studio
8.0
MATLAB

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

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 9.5
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 8.7
Based on 9 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

Pricing Details

IBM CPLEX Optimization Studio

General

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

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

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

Rating Summary

Likelihood to Recommend

IBM CPLEX Optimization Studio
9.0
MATLAB
8.6

Usability

IBM CPLEX Optimization Studio
9.0
MATLAB
9.5

Support Rating

IBM CPLEX Optimization Studio
7.0
MATLAB
8.7

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