JMP Pro offers all the capabilities of JMP, plus advanced features for more sophisticated analysis including predictive modeling and cross-validation techniques.
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MATLAB
Score 8.6 out of 10
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MatLab is a predictive analytics and computing platform based on a proprietary programming language. MatLab is used across industry and academia.
The intuitive interface JMP Pro offers is more interactive than R studio, but since coding is not required in JMP Pro, programming analysis in R studio is more convenient in some aspects. JMP Pro is able to quickly analyze multiple variables and produce reasonable outputs and …
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 …
JMP Pro is perfectly suited for statistical analysis but users should have some statistical knowledge before using it since there may be some terms/functions in the software that are not widely used in other fields. No prior coding experience is needed to use JMP Pro. However, most people doing data processing would prefer to code their analysis.
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.
JMP Pro is a really powerful tool for doing statistical analysis. Although the click environment does not require coding experience, new learners will still need to take a long time to know the parameters in the function before performing any analysis.
The output from JMP Pro analysis (regression analysis) is not always easy to understand, especially when the parameters are programmed differently with the other similar software.
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.
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.
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.
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.