Likelihood to Recommend
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.
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If you are a MS shop specifically, or have more generic data requirement needs from Microsoft sourced data this will work well. If you have a lot of disparate data across a number of unique platforms/cloud systems/3rd party hosted data warehouses then this product will have issues or a lack of documentation on the net. Performance-wise this product is equal to other R platforms out there.
Read full review Pros 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 It allows distributed algorithm runs on Hadoop HDFS cluster It allows using different file formats such as SAS7BAT files or complex files in tab or comma delimited making data munging easier It provides scalable solutions by allowing users to re-use R scripts and distributing the computing over nodes through RHadoop Read full review Cons 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 Very steep learning curve... for such a quick and useful tool the learning curve is unacceptable. Very dangerous in the wrong hands. Because most add-ons are pre-written, you have to trust the community that malicious script is not used. Read full review Likelihood to Renew
In general, Revolution Analytics brings a lot of value to the organization. The renewal decision would be based on return on investment in terms of quantified actionable insights that are getting generated against the cost of the product. Additionally, market brand of the tool and reputation risk in terms of possible acquisition and its impact to overall organizational analytic strategy would be considered as well.
Read full review Usability
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.
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It is good, easy to use, improvements are being made to the product and more info being shared in the community. It just needs some more time to become more integrated to other platforms and tools/data out there.
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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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Generally support comes through the forums and user generated channels which are helpful, easy to access, quickly turned around and provided by knowledgeable users. However the support channels are not employees and the channels are often used as a way to learn quick difficult elements of R. Better design, users interface and tutorial options would alleviate the need for this sort of interaction.
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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.
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The two are different products for different purposes. But for someone who has little or no experience in R programming, Power BI would be better for starting with. Having said that, Microsoft R is built on R, thus allowing for customization of complex calculations not typically available otherwise.
Read full review Return on Investment 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 Helped save company money versus buying other stat software Read full review ScreenShots