MatLab is a predictive analytics and computing platform based on a proprietary programming language. MatLab is used across industry and academia.
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Pecan.ai
Score 7.9 out of 10
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Pecan is an automated AI-based predictive analytics platform that simplifies and speeds the process of building and deploying predictive models in various customer-related and operational use-cases, such as LTV, churn, NBO, risk, and segmentation. Pecan does not require any data preparation, engineering, or prepossessing - it connects directly toraw data, and uses neural networks to automate the entire predictive process. With Pecan, organizations can obtain and deploy AI models in days, without…
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.
Pecan is something that few know and that I feel can represent a great utility for an entire company, to focus and prioritize all its products and services in favor of the right path, avoiding making mistakes and jumping directly to the solution of future problems before they happen. Pecan will allow you to always be one step ahead and improve your trading system quickly.
One of the main important characteristics is its ease of use and the intuitive nature of the platform. It is possible to carry out analyzes quickly and efficiently without requiring user experience. This positive point really gives us what we need for our work: optimization and automation.
The creation of reports and statistics allows us to fully visualize the analysis carried out, in order to develop our work and carry out the pertinent actions.
Segmentation allows us to prioritize potential customers, more focused marketing campaigns, highlight our services with what our public is really interested in.
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.
I particularly believe that CrossEngage has some features that Pecan does not offer, such as A/B Testing, however, we were looking for a good predictor and analyst and the truth is that Pecan does its job very well.
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.