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MATLAB

byMathWorks
in Data Science and Machine Learning Platforms (Transitioning to AI Platforms For Data Science and Machine Learning)
4.3

Overview

Product Information on MATLAB

Updated 13th October 2025

What is MATLAB?

MATLAB is a software developed for numerical computing, data analysis, and algorithm development. It provides an environment for matrix manipulations, plotting of functions and data, implementation of algorithms, and creation of user interfaces. The software supports integration with other languages and applications, and it is widely used for tasks such as data visualization, simulation, and prototyping in engineering, scientific research, and computational finance. MATLAB is utilized for solving complex mathematical problems, automating computations, and facilitating the modeling and simulation of systems. It addresses business challenges by enabling users to efficiently analyze data, develop algorithms, and generate reports or applications within a unified platform.

MATLAB Pricing

MATLAB software uses a license-based pricing model that includes options for individual, academic, and organizational use. The software offers both perpetual and term licenses, with pricing determined by license type and user category. Additional toolboxes and modules are available for purchase separately and are licensed based on usage needs.

Overall experience with MATLAB

Data Analyst
50M - 250M USD, Telecommunication
FAVORABLE

“MATLAB Provides Advanced Visualization and Seamless IDE Integration for Modeling Tasks”

5.0
Jan 8, 2026
MATLAB creates a better environment when dealing with data, models and simulations. With minimal computing skills, you are able to create a model using the given data. Has advanced visual capabilities that help in insight visualization from the transformation of raw data.
IT MANAGER
<50M USD, Services (non-Government)
CRITICAL

“Setup and Configuration Are Strong Points, But Pricing Trends Raise Concerns”

3.0
Jun 17, 2025
Great tool once installed and configured but very expensive for multiple license model and vendor always increasing prices, no discount for multi product purchase

About Company

Company Description

Updated 25th July 2024

MathWorks is a software development company that primarily focuses on the creation of mathematical computing software. It provides crucial tools in the domain of technical computing, offering products like MATLAB, a programming environment used for algorithm development, data analysis, visualization and numeric computation. Simulink, another software offering, is used as a graphical platform for the simulation and Model-Based Design of dynamic and embedded systems spanning across multiple domains. Notably, these products are employed in various universities and learning institutions worldwide as teaching and research tools, aiding in the fostering of discovery, innovation, and informed development in their respective fields. The company, established in 1984, operates in 16 countries and has its headquarters in Natick, Massachusetts, USA.

Company Details

Updated 26th February 2025
Company type
Private
Year Founded
1984
Head office location
Natick, United States
Number of employees
5001 - 10000
Website
http://mathworks.com

Key Insights

A Snapshot of What Matters - Based on Validated User Reviews

Reviewer Insights for: MATLAB
Deciding Factors: MATLAB Vs. Market Average
Performance of MATLAB Across Market Features

MATLAB Likes & Dislikes

Like

Integrates seamlessly with the IDE to create an intuitive working environment.

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Like

Great for creating calculations and formulas for engineering workspace

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Like

Ability to streamline complex numerical and analytical tasks through a well-integrated environment.

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Dislike

For newbies, you need the required skills.

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Dislike

Vendor never offers discounts and yearly subscription always increases in cost to run and maintain

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Dislike

High licensing costs. Performance can be a limitation additional optimization or integration with external code.

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Peer Discussions

MATLAB Reviews and Ratings

4.3

(454 Ratings)

Rating Distribution

5 Star
51%
4 Star
45%
3 Star
4%
2 Star
0%
1 Star
0%
Why ratings and reviews count differ?

Customer Experience

Evaluation & Contracting

4.3

Integration & Deployment

4.4

Service & Support

4.5

Product Capabilities

4.6

Last 12 Months
Filter Reviews
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Reviewer Type
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  • Data Analyst
    50M-1B USD
    Telecommunication
    Review Source

    MATLAB Provides Advanced Visualization and Seamless IDE Integration for Modeling Tasks

    5.0
    Jan 8, 2026
    MATLAB creates a better environment when dealing with data, models and simulations. With minimal computing skills, you are able to create a model using the given data. Has advanced visual capabilities that help in insight visualization from the transformation of raw data.
  • Data And Analytics Manager
    1B-10B USD
    IT Services
    Review Source

    Streamlined Analytical Workflow Highlighted, Yet Optimization and Cost Concerns Remain

    5.0
    Jan 8, 2026
    It was a very positive experience. It is a powerful and reliable environment for numerical computing, modeling, algorithm development and data analysis
  • IT Manager
    <50M USD
    Services (non-Government)
    Review Source

    MATLAB Supports Radar Processing Well But Faces Licensing and Outage Concerns

    4.0
    Jun 26, 2025
    MATLAB is currently heavily used in our org for radar signal processing and performing great
  • Architect
    50M-1B USD
    Consumer Goods
    Review Source

    Extensive Toolsuite Offers Versatility But Demands Powerful Hardware and Investment

    4.0
    Jul 16, 2025
    Heavy horse, heavy software but with lots of toolboxes to develop everything
  • Associate
    <50M USD
    Healthcare and Biotech
    Review Source

    Matlab Offers Extensive Computation Features But Poses Programming and Cost Challenges

    4.0
    Jun 29, 2025
    Matlab has built in function that carry on complicated computations. I can use Matlab to multiply matrices, optimization, maximize or minimize functions.
...
Showing Result 1-5 of 454

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