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.
Read full review If you have an analytics department, Data Science is perfect for making analyses quicker. Data Science works well for web querying, automating analyses, sharing advanced analyses with others, and performing lots of other advanced analytical processes. Data Science is not a good fit if the analytics you do is stuff that Excel can do. The software is powerful, with lots of features, and unless you actually plan on using those features, it's not worth paying for.
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 has a great user interface, easy to navigate and learn on the fly. There are lots of great options for data organization and analysis! Makes it a handy tool for presentations as well. A collaborative ability is highly valued for my company where we often work from home or on site. Being able to share the data with those in the office so multiple people can look at it is a great tool! 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 Unfortunately, some functionality is hidden per upgrade to other versions. Feel data mining functionality would be useful, but not budget for software. At the current price point, would have expected more (such as Mathematica breadth of functionality for one price). It is light on optimization capability. Slow when considering very large datasets, performing things such as distribution identification Steve Wagner Director, Network Design and Logistics Analytics
Read full review Likelihood to Renew The company is hesitant to spend this much on software. They are primarily an engineering firm, and they don't understand the use of analytical software for environmental professionals.
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.
Read full review Support Rating 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 Alternatives Considered 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 I prefer Spotfire Data Science's approach. It is more natural and fits the way I think. I prefer to use Spotfire Data Science's VB for writing macros. It is real code, meaning that I do not need to trick the software to do what I need and there are no implied loops over solving simple problems. The graphs are publication quality and can be edited by hand or using a macro if I am building hundreds of them. Spotfire Data Science had a user-friendly approach to building lengthy data processing streams (in its workspaces). It is just so fast for analyzing a dataset that you have never seen before and efficient for ongoing work on the same data.
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 Our company has had the program for less than 1 year. We don't expected a positive return this year. The goal is for Data Science to led to defined projects by the end of the end of the year and implementation in the following two. Overall, we are planning on 4 years to fully recoup the cost of the software and the cost of implementing identified projects. Read full review ScreenShots Spotfire Data Science Screenshots