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 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.
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 Analyzing heaps of data dumped into the machine learning tool. Giving the researcher an insight on which direction to proceed in order to get the desired results. Can help perform a functional analysis before doing a deep dive. Meena B Information Technology Project Manager
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 As mentioned by others the formatting of reports constantly has issues Once your initial contract terms are up be prepared for a significant increase Pricing needs to be inline with what other competitors are offering 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 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.
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 ROI has been great since we have been able to get a birdseye view of our business operations. Shows your areas within your company that needs attention and improvements. Oracle has had a positive impact on all of our business objectives since it provides a clear view of your business operations. Read full review ScreenShots