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
Oracle Machine Learning
Score 8.0 out of 10
N/A
Oracle Machine Learning (formerly Oracle Advanced Analytics) combines the Oracle database with Oracle Data Miner and SQL as well as R programming language functionality, providing a complete predictive analytics suite.
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.
OAC doesn't require software to be installed since it is browser based. This allows for easier deployment since a local client software is not required to be installed for each user. OAC can be used for the casual light user who mainly consumes data to the power user who can created sophisticated dashboard with advanced analytics. OAC is not meant to replace Essbase reporting.
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.
Sorry this product was not selected by me, but was a legacy install that was upgraded. I see the value in the product, however, I was not involved in the selection process.
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.