MATLAB vs. Panoply

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
MATLAB
Score 8.4 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
Panoply
Score 8.5 out of 10
N/A
Panoply, from Sqream since the late 2021 acquisition, is an ETL-less, smart end-to-end data management system built for the cloud. Panoply specializes as a unified ELT and Data Warehouse platform with integrated visualization capabilities and storage optimization algorithms.N/A
Pricing
MATLABPanoply
Editions & Modules
Student
$49
per student license
Student
$49
per student suite 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
MATLABPanoply
Free Trial
NoYes
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional DetailsPanoply offers simple, transparent pricing. All plans have a 21-day free trial—no credit card required. You'll get an account executive and data architect to help you get the most out of your smart data warehouse. Pricing starts at $325/month.
More Pricing Information
Best Alternatives
MATLABPanoply
Small Businesses
IBM SPSS Modeler
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Skyvia
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Score 9.6 out of 10
Medium-sized Companies
Alteryx
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Score 9.0 out of 10
Astera Centerprise
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Score 8.8 out of 10
Enterprises
IBM SPSS Modeler
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All AlternativesView all alternativesView all alternatives
User Ratings
MATLABPanoply
Likelihood to Recommend
8.1
(53 ratings)
10.0
(4 ratings)
Usability
9.9
(4 ratings)
10.0
(1 ratings)
Support Rating
9.5
(7 ratings)
-
(0 ratings)
User Testimonials
MATLABPanoply
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.
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Sqream Technologies
Panoply is well suited for companies with large amounts of data that do not want all users of the company to see or view. It is appropriate for companies that have to store data for several years in case clients need the data. It is not made to constantly be downloading or looking at the documents.
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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.
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Sqream Technologies
  • Ease of data integrations. Importing data into the data warehouse is a point-and-click effort.
  • Automated data modeling. The data is modeled in a way that facilitates analysis without having to look into it myself.
  • Query speed. Automated query optimization has really sped up our dashboards.
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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.
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Sqream Technologies
  • The user interface could use some improvement for analytical tools. Apart from that, it’s great.
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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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Sqream Technologies
It’s a good choice for building a quick, multipurpose data stack for a variety of businesses needs.
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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.
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Sqream Technologies
No answers on this topic
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.
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Sqream Technologies
Panoply has much more storage and better organization tools for searching. There are better folders and tools for keeping documents secure and stored for a long period of time. It is better to offload data in mass than singular or Zip drive documents like you would do in Google Drive.
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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.
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Sqream Technologies
  • Saved time on Redshift setup
  • Saved support costs (monetary and temporal) by not having to set up on-premise
  • Widens the BI tool use in organization; lowers the barrier to entry and makes organization more productive in analytical terms
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ScreenShots

Panoply Screenshots

Screenshot of Simply click to connect 100 data sources.