MATLAB vs. Wolfram Mathematica
Product | Rating | Most Used By | Product Summary | Starting Price |
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MATLAB | 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 | |
Mathematica | N/A | Wolfram's flagship product Mathematica is a modern technical computing application featuring a flexible symbolic coding language and a wide array of graphing and data visualization capabilities. | $1,520 per year |
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Entry-level Setup Fee | No setup fee | No setup fee | ||||||||||||||
Additional Details | — | Discounts available for students and educational institutions. The Network Edition reduce per-user license costs through shared deployment across any number of machines on a local-area network. | ||||||||||||||
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MATLAB | Wolfram Mathematica | |
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Considered Both Products | MATLAB | Mathematica |
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Research Team Insight Published MATLAB and Mathematica are both software businesses can use to handle complex calculations and computing. MATLAB is a predictive analytics tool that helps businesses create insights and predictions from business data. In contrast, Mathematica is a Data Discovery and Visualization tool, which helps glean useful information from existing business data. Both MATLAB and Mathematica are most popular with mid-sized businesses and large enterprises that have large amounts of data to use for predictive analytics or data discovery. FeaturesMATLAB and Mathematica can both be used to generate useful insights from business data, but they also have some standout features that set them apart from each other. MATLAB is a data oriented product that specializes in predictive analytics. Businesses can utilize MATLAB’s proprietary programming language to predict business outcomes based on data collected in other applications. Many developers will feel comfortable using MATLAB quicker than other options, as it can be edited using external editors like emacs that many users are already familiar with. MATLAB also provides many packages that extend its use at no additional charge to the user. Mathematica can be used to perform complex mathematical functions on data quickly and easily. Syntax for Mathematica is simple enough that users will be able to write functions without much experience with the product, so training requirements are minimal compared to other tools for writing simple functions. Mathematica is an ideal software for handling calculus equations and acting as a scientific calculator. LimitationsMATLAB and Mathematica both help users get the most out of their business data, but they also have some limitations that are important to consider. MATLAB offers a robust programming language, but it can be difficult to learn for new users. Businesses should expect MATLAB users to need some training in order to get the most out of the tool. Additionally, while MATLAB is an ideal tool for predictive analytics, it is weaker for complex functions including problems like differential equations. Mathematica is a strong tool for handling complex equations and functions, but it is less flexible compared to MATLAB. Packages that extend the features of Mathematica exist, but they can’t be accessed for free, unlike MATLAB. Additionally, Mathematica is not supported by external editors, so users will have to adjust to the interface provided by Mathematica. PricingIndividuals can purchase MATLAB at a flat rate, but businesses must reach out to the vendor for exact pricing information. Different pricing is provided depending on whether your organization is commercial or academic in nature. Mathematica offers individual licenses starting at $144.00 per month. Pricing information for teams and businesses is provided by the vendor upon request. |
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Data Discovery and Visualization |
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Small Businesses | IBM SPSS Modeler Score 7.8 out of 10 | IBM SPSS Modeler Score 7.8 out of 10 |
Medium-sized Companies | Alteryx Score 9.0 out of 10 | Entrinsik Informer Score 9.3 out of 10 |
Enterprises | IBM SPSS Modeler Score 7.8 out of 10 | IBM SPSS Modeler Score 7.8 out of 10 |
All Alternatives | View all alternatives | View all alternatives |
MATLAB | Wolfram Mathematica | |
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Likelihood to Recommend | 8.1 (53 ratings) | 9.9 (9 ratings) |
Usability | 9.9 (4 ratings) | - (0 ratings) |
Support Rating | 9.5 (7 ratings) | 9.5 (2 ratings) |
MATLAB | Wolfram Mathematica | |
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Likelihood to Recommend | MathWorks | Wolfram |
Pros | MathWorks | Wolfram |
Cons | MathWorks | Wolfram |
Usability | MathWorks | Wolfram No answers on this topic |
Support Rating | MathWorks | Wolfram |
Alternatives Considered | MathWorks | Wolfram |
Return on Investment | MathWorks | Wolfram |
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