IBM ILOG CPLEX Optimization Studio vs. MATLAB

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
IBM ILOG CPLEX Optimization Studio
Score 9.7 out of 10
N/A
IBM® ILOG® CPLEX® Optimization Studio is a prescriptive analytics solution that enables rapid development and deployment of decision optimization models using mathematical and constraint programming.N/A
MATLAB
Score 9.0 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 ILOG CPLEX Optimization StudioMATLAB
Editions & Modules
No answers on this topic
Student
$49
per student 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 ILOG CPLEX Optimization StudioMATLAB
Free Trial
YesNo
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 ILOG CPLEX Optimization StudioMATLAB
Considered Both Products
IBM ILOG CPLEX Optimization Studio
Chose IBM ILOG CPLEX Optimization Studio
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 …
Chose IBM ILOG 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
Chose MATLAB
Those are expensive than MATLAB and their GUI is not great along with editor. However, they have more libraries set as compared to Matlab. However, the place where MATLAB adds value is its user community as well as its support and we can find solutions to any problem with …
Chose MATLAB
Apart from Matlab, I used Matematica for some of my integral evaluations. Mathematica is also a "clean" and easy-to-use software that solves symbolic math problems (even better than Matlab for symbolic math). I also used Anaconda and Spyder for my career so far.
Chose MATLAB
The commands and coding language of MATLAB reads a lot more in plain English as opposed to all the periods and other special characters that are needed when typing in Python or Java. Additionally MATLAB has several different function packages that can solve all different …
Chose MATLAB
Python with scientific tool is useful and much less expensive. However it is somewhat harder to learn and use than [MATLAB].
Chose MATLAB
When I am not using MATLAB, I use C # and OpenGL library.
Chose MATLAB
MATLAB's neurophysiological data pre-processing third-party packages are more scientifically validated compared to support for other software platforms. It also allows for writing code with a greater level of functionality and more capabilities than R-Studio, which is instead …
Chose MATLAB
MATLAB and Python are similar in capabilities. Learning MATLAB is easier, but it is expensive, whereas Python is open-source.
Chose MATLAB
It seems MATLAB has built-in functionality that is sometimes missing in Spotfire and can only be enabled in Spotfire with additional programming language like Iron Python.
Chose MATLAB
MATLAB provides a variety of options for development. The other tools or I can say simulators do not provide major functionalities as provided by MATLAB as it is used in many fields. This is one tool which is used for research and development purpose. It gains popularity with …
Chose MATLAB
GNU Octave is a widely used alternative to MATLAB which is free. I use MATLAB because I've been using it since I learned how to use it in my undergraduate. Furthermore, paid applications offer more support and oftentimes, more updates than open source software.
Chose MATLAB
While not as fully featured as other software suites. MATLAB benefits from a short learning curve while still allowing teams to build robust algorithms in short amounts of time.
Chose MATLAB
I have not used any other products like MATLAB. I have used this software for almost ten years now and it hasnt let me down. I want to learn new open source coding platforms but for now MATLAB serves all my needs and purposes.
Chose MATLAB
For complex calculations, go with MATLAB; I can't even think of how it could be done in Tableau. But if one is not familiar with scripting and only wants to visualize data with minimal wrangling, Tableau will work just fine and comes back with graphics comparable or even better …
Chose MATLAB
MatLab is better than Phython in terms of robustness of its tools, help library, online community, library of tools, ease of programming (simpler and more intuitive syntax), ease of installation and after sale service. These are really significant advantages and they are the …
Chose 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 …
Chose MATLAB
MATLAB is easier to use than a program like LabVIEW. What LabVIEW lacks in simplicity, however; it makes up for in functionality. There are many programs that can do a lot more than MATLAB can. That being said, if you are looking for the easiest and most convenient way to …
Chose MATLAB
Every product has its own advantages and disadvantages. MATLAB is one which can be understood easily and fast and so that would be a reason to select it.
Chose MATLAB
Pycharm is a python coding platform, however, it is not very user-friendly. You need to know the syntax, characters, and other libraries to use it appropriately. I had difficulty understand these problems with Pycharm whereas MATLAB is very easy to use as a calculator machine. …
Chose MATLAB
Mathematica provide more modern user interface, functionality wise, they are similar
Chose MATLAB
MATLAB has a very large database of embedded functions and it is continually growing. Graphics processing is much easier than other similar product for beginners (such as Jupyter notebook and Python). Although it is not an open-source language, lots of learning materials and …
Chose MATLAB
MATLAB is extremely more user friendly than Python. Especially for engineers and scientists. With Python you need to have additional packages to do scientific computing.
Chose MATLAB
Slow for prototyping using c# and the language is not as well supported for new employee training
Features
IBM ILOG CPLEX Optimization StudioMATLAB
Platform Connectivity
Comparison of Platform Connectivity features of Product A and Product B
IBM ILOG CPLEX Optimization Studio
8.0
Ratings
4% below category average
MATLAB
-
Ratings
Connect to Multiple Data Sources9.00 Ratings00 Ratings
Extend Existing Data Sources7.00 Ratings00 Ratings
Automatic Data Format Detection8.00 Ratings00 Ratings
MDM Integration8.00 Ratings00 Ratings
Data Exploration
Comparison of Data Exploration features of Product A and Product B
IBM ILOG CPLEX Optimization Studio
10.0
Ratings
17% above category average
MATLAB
-
Ratings
Visualization10.00 Ratings00 Ratings
Interactive Data Analysis10.00 Ratings00 Ratings
Data Preparation
Comparison of Data Preparation features of Product A and Product B
IBM ILOG CPLEX Optimization Studio
7.3
Ratings
11% below category average
MATLAB
-
Ratings
Interactive Data Cleaning and Enrichment5.00 Ratings00 Ratings
Data Transformations7.00 Ratings00 Ratings
Data Encryption8.00 Ratings00 Ratings
Built-in Processors9.00 Ratings00 Ratings
Platform Data Modeling
Comparison of Platform Data Modeling features of Product A and Product B
IBM ILOG CPLEX Optimization Studio
8.0
Ratings
5% below category average
MATLAB
-
Ratings
Multiple Model Development Languages and Tools10.00 Ratings00 Ratings
Automated Machine Learning5.00 Ratings00 Ratings
Single platform for multiple model development8.00 Ratings00 Ratings
Self-Service Model Delivery9.00 Ratings00 Ratings
Model Deployment
Comparison of Model Deployment features of Product A and Product B
IBM ILOG CPLEX Optimization Studio
10.0
Ratings
16% above category average
MATLAB
-
Ratings
Flexible Model Publishing Options10.00 Ratings00 Ratings
Security, Governance, and Cost Controls10.00 Ratings00 Ratings
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User Ratings
IBM ILOG CPLEX Optimization StudioMATLAB
Likelihood to Recommend
9.0
(0 ratings)
8.1
(0 ratings)
Usability
9.0
(0 ratings)
9.9
(0 ratings)
Support Rating
7.0
(0 ratings)
9.5
(0 ratings)
User Testimonials
IBM ILOG CPLEX Optimization StudioMATLAB
Likelihood to Recommend
In my opinon, if the problem is less than 5000 variables, one should try to solve with free available solver rather than directly going for a commercial license of IBM CPLEX Optimization Studio. In my opinion, if the priority is not in terms of solving time with higher number of variables, even then one can go for free solvers like CBC, IPOPT, SCIP. In my opinion, if priority is solving time and number of variables is also high, only in that case one should prefer going for a commercial license.
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Engineering, mathematical modeling, and machine learning are all fields where MATLAB will shine. It's fast, reliable, and relatively easy to use. MATLAB is the de facto standard when it comes to producing high-quality plots. If you need to deal with large data sets, and not take forever processing them, MATLAB may very well be the tool for you!
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Pros
  • Linear Programming
  • Mixed-Integer Linear Programming
  • Non-Linear Convex-Optimization
  • Visualization
  • Shadow Price Analysis
  • Parameter Tuning
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  • Has robust and easy-to-use debugging tools that can help one identify problems in one's codes.
  • Rich, well-developed and efficient library of mathematical and statistical functions that one might need to develop models or perform statistical analysis.
  • A very active online user community that is a great resource in terms of seeking help when you hit a snag.
  • Great help literature (and sometimes videos too) on all tools making it possible for all to train themselves.
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Cons
  • Data handling from different sources like Note Pad, etc.
  • Large size of MILP problems.
  • Various parameters to set.
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  • MATLAB should have a full free version (without time limit) in order to be more accessible and thus have a greater user community.
  • The idea of having toolboxes to work directly with hardware (microcontrollers, single-board computers) is great, but one can tell it isn't updated very frequently and there isn't as much documentation available as with more common resources.
  • Our organization had a lot of trouble getting our network licenses to work properly and there wasn't any local service provider that could help us get it to work faster.
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Usability
It's nice to use and with good optimization.
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The best thing about MATLAB is the variety of research and development fields it supports. The reason for this rating is that it is best used for medical images enhancement and signal processing, it is also used for speech to text conversion. This tool server is best when the demand is for machine learning.
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Support Rating
Honestly, to say, I never contacted CPLEX but used its forum to know/clarify any issues I faced.
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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.
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Alternatives Considered
Compared with MATLAB, CPLEX is a more user-friendly and simpler structure for writing models. This one also has a good return on investment.
Read full review
The commands and coding language of MATLAB reads a lot more in plain English as opposed to all the periods and other special characters that are needed when typing in Python or Java. Additionally MATLAB has several different function packages that can solve all different categories of problems so you don't have to make a bunch of different code scrips from scratch.
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Return on Investment
  • Better for price.
  • Many model parameters/features.
  • No visualization.
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  • MATLAB has made me a better coder. I can see the code behind inbuilt functions which helps me improve my own coding.
  • The various features offered in the software helped me to understand new topics in a relatively short span of time.
  • MATLAB has a rich forum and library which allows exchange of ideas and info with other users. This has certainly broadened my horizon.
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ScreenShots