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  3. MATLAB
Logo of MATLAB

MATLAB

byMathWorks
in Data Science and Machine Learning Platforms (Transitioning to AI Platforms For Data Science and Machine Learning)
4.4

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
1B - 3B USD, Banking
FAVORABLE

“Matlab Offers Extensive Mathematical Tools”

5.0
Jan 14, 2026
Matlab is very powerful software for solving and graphing mathematic equations. Great use for linear programming and algorithmic equations. It presents data via the GUI graphing plots and matrixes
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

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

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Key Insights

A Snapshot of What Matters - Based on Validated User Reviews

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

MATLAB Likes & Dislikes

Like

very specialized software for Math which includes many features to solve different types of problems. The software is useful for students and professionals alike.

Like

Great for creating calculations and formulas for engineering workspace

Like

It is easy to use and supports statistical analysis and data visualization.

Dislike

not open source

Dislike

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

Dislike

Nothing

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Peer Discussions

MATLAB Reviews and Ratings

4.4

(454 Ratings)

Rating Distribution

5 Star
52%
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

Filter Reviews
Sort By:
Most helpful
Last 12 Months
Star Rating
Reviewer Type
Reviewer's Company Size
Reviewer's Industry
Reviewer's Region
Reviewer's Job Function
  • Data Analyst
    1B-10B USD
    Banking
    Review Source

    Matlab Offers Extensive Mathematical Tools

    5.0
    Jan 14, 2026
    Matlab is very powerful software for solving and graphing mathematic equations. Great use for linear programming and algorithmic equations. It presents data via the GUI graphing plots and matrixes
  • Surveyor
    50M-1B USD
    Construction
    Review Source

    MATLAB Offers a Strong Numerical, Matrix Operations and Visualization Features

    5.0
    Jan 12, 2026
    MATLAB is useful for numerical, modeling and predictive analysis. It offers a math library with strong matrix operations. We use it for physical system modeling and system control. With machine language knowledge, it's easy to use and navigate.
  • RESEARCH AND DEVELOPMENT ASSOCIATE
    <50M USD
    Healthcare and Biotech
    Review Source

    Comprehensive Analysis Features Present, High Licensing Costs May Limit Accessibility

    5.0
    Jan 24, 2026
    Powerful for analysis and flexible, but licensing is costly.
  • 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
  • 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
...
Showing Result 1-5 of 454

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