MATLAB vs. Mode Analytics

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
MATLAB
Score 8.8 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
Mode
Score 9.0 out of 10
N/A
Mode, or Mode Analytics, from ThoughtSpot since the June 2023 acquisition, is a business intelligence platform that unifies company analytics by bringing data teams and business teams together, so analysts can provide rapid answers to strategic, ad hoc questions. And, business stakeholder can access relevant data to answer their own questions which can often detract more impactful work.N/A
Pricing
MATLABMode Analytics
Editions & Modules
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
No answers on this topic
Offerings
Pricing Offerings
MATLABMode
Free Trial
NoYes
Free/Freemium Version
NoYes
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional Details
More Pricing Information
Community Pulse
MATLABMode Analytics
Features
MATLABMode Analytics
BI Standard Reporting
Comparison of BI Standard Reporting features of Product A and Product B
MATLAB
-
Ratings
Mode Analytics
8.5
9 Ratings
4% above category average
Pixel Perfect reports00 Ratings9.34 Ratings
Customizable dashboards00 Ratings8.49 Ratings
Report Formatting Templates00 Ratings7.86 Ratings
Ad-hoc Reporting
Comparison of Ad-hoc Reporting features of Product A and Product B
MATLAB
-
Ratings
Mode Analytics
7.4
9 Ratings
8% below category average
Drill-down analysis00 Ratings7.18 Ratings
Formatting capabilities00 Ratings6.79 Ratings
Integration with R or other statistical packages00 Ratings7.39 Ratings
Report sharing and collaboration00 Ratings8.78 Ratings
Report Output and Scheduling
Comparison of Report Output and Scheduling features of Product A and Product B
MATLAB
-
Ratings
Mode Analytics
7.9
8 Ratings
4% below category average
Publish to Web00 Ratings8.15 Ratings
Publish to PDF00 Ratings5.88 Ratings
Report Versioning00 Ratings7.74 Ratings
Report Delivery Scheduling00 Ratings9.68 Ratings
Delivery to Remote Servers00 Ratings8.34 Ratings
Data Discovery and Visualization
Comparison of Data Discovery and Visualization features of Product A and Product B
MATLAB
-
Ratings
Mode Analytics
6.5
9 Ratings
21% below category average
Pre-built visualization formats (heatmaps, scatter plots etc.)00 Ratings7.79 Ratings
Location Analytics / Geographic Visualization00 Ratings5.56 Ratings
Predictive Analytics00 Ratings6.46 Ratings
Access Control and Security
Comparison of Access Control and Security features of Product A and Product B
MATLAB
-
Ratings
Mode Analytics
9.5
2 Ratings
11% above category average
Multi-User Support (named login)00 Ratings10.02 Ratings
Role-Based Security Model00 Ratings9.02 Ratings
Multiple Access Permission Levels (Create, Read, Delete)00 Ratings9.02 Ratings
Single Sign-On (SSO)00 Ratings9.82 Ratings
Application Program Interfaces (APIs) / Embedding
Comparison of Application Program Interfaces (APIs) / Embedding features of Product A and Product B
MATLAB
-
Ratings
Mode Analytics
9.0
1 Ratings
15% above category average
REST API00 Ratings9.01 Ratings
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MATLABMode Analytics
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Alteryx Platform
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User Ratings
MATLABMode Analytics
Likelihood to Recommend
8.1
(53 ratings)
8.1
(9 ratings)
Usability
9.9
(4 ratings)
8.1
(4 ratings)
Support Rating
9.5
(7 ratings)
7.4
(5 ratings)
User Testimonials
MATLABMode Analytics
Likelihood to Recommend
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
ThoughtSpot
Mode is a clear category winner for how it easy it is to go from interactive analysis to professional quality reporting. You can easily do all your SQL and quite a bit of R/Python. If you want to quickly go from your database to simple charts, this is your pick. If you need to do heavier data modeling, scheduling jobs, or ML, you'll need something else, like Databricks. In my opinion, the quality of visualizations and some developer/analyst features make Databricks an unacceptable substitute.
Read full review
Pros
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
ThoughtSpot
  • It allows me to undertake data visualization tasks by creating really insightful charts and dashboards
  • It allows for easy sharing and work collaboration on data analysis tasks
  • Mode has an easier to use SQL editor as well
  • I love how it organizes all our SQL data tables into easy-to-view data we can draw insights on
Read full review
Cons
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
ThoughtSpot
  • Date ranges aren't always the most intuitive to set, strangely
  • Faster refresh rates would be ideal
  • Would love more dynamic mobile device integration (alerts, etc)
Read full review
Usability
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.
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ThoughtSpot
For the advanced user already familiar with Python. It is just the same tool, already managed and connected to the data.
Read full review
Support Rating
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
ThoughtSpot
Mode has dedicated agents who are online in a chatroom, ready to take on any questions and provide helpful feedback.
Read full review
Alternatives Considered
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
ThoughtSpot
We used both Qlik and Mode at our organization. The mode was used a quick analysis SQL tool while Qlik was our enterprise BI solution.
Read full review
Return on Investment
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
ThoughtSpot
  • Extremely positive. It's a key feature in our application.
  • Were it not for the account management bit, Mode would be hands-down our recommendation for anyone looking for cloud BI.
Read full review
ScreenShots