10+ MATLAB Alternatives and Competitors



8 User Rating
$900 M Revenue
5000+ No of Employees
1984 Founded
SaaS Industry
Data Analytics Software Category
Cleve Moler CEO

MATLAB is a data analytics software application that provides numerical computing for data analysis across a wide variety of sources. MATLAB provides high-end predictive analytics based on a proprietary programming language that allows plotting of data and functions, creation of user interface, matrix manipulation, and implementation of algorithms. The platform also provides extensive functionality for data visualization, analysis, numerical computation, and algorithm development. Developed by MathWorks in 1984, MATLAB was mainly a high-performance language for technical computing, data analysis, exploration, and visualization. MATLAB becomes the go-to platform for researchers, engineers, and scientists, for the application provides seamless deep learning functionality through its Deep Learning Toolbox. With its comprehensive data analytics approach, MATLAB becomes one of the most preferred platforms for more than 4 million users worldwide. On top of that, the platform also competes for the best data analytics software today, together with other similar platforms like Domo, Qlik Sense, SAS Advanced Analytics, Birst, Google Analytics, Looker, IBM Analytics, and Zoho Analytics.


Logo Name Sort Rating Sort CEO Pricing Sort Founded Sort Revenue Sort Employees Sort Location Sort Reviews Sort Customers Sort
Sisense Data Analytics Sisense Data Analytics 9.5 Amir Orad $35 2004 $100 M
New York 1666+ Reviews
2K +
Tableau Data Analytics Tableau Data Analytics 9.4 Adam Selipsky $12 2003 $1.3 B
California 1788+ Reviews
86K +
Zoho Data Analytics Zoho Data Analytics 9.3 Sridhar Vembu N/A 1996 $600 M
Chennai 1686+ Reviews
45M +
IBM Analytics IBM Analytics 9.2 Kwame Awuku N/A 1983 $79.1 B
New York 1565+ Reviews
2.2K +
Looker Data Analytics Looker Data Analytics 9.1 Frank Bien N/A 2012 $131.6 M
California 1878+ Reviews
1.6K +
Google Analytics Google Analytics 9 Paul Muret N/A 2005 N/A 50+
Mountain View 1654+ Reviews
13K +
SAS Advanced Analytics SAS Advanced Analytics 8.9 Jim Goodnight $8000 1976 $3.1 B
Cary 1878+ Reviews
83K +
Birst Birst 8.7 Jay Larson N/A 2004 $20 M
San Francisco 1789+ Reviews
130K +
Qlik Sense Data Analytics Qlik Sense Data Analytics 8.6 Mike Capone $30 1993 $750 M
1877+ Reviews
354K +
Domo Data Analytics Domo Data Analytics 8.5 Josh James $250 2010 $200 M
Utah 1877+ Reviews
1.8K +

Key Employees

Nate RootNate RootSenior IT Managerhttps://in.linkedin.com/in/nate-root-8a423
Nancy HuntingfordNancy HuntingfordTechnical Writerhttps://in.linkedin.com/public-profile/in/nhuntingford
Brian L. HillBrian L. Hillhttps://in.linkedin.com/public-profile/in/brianhillrecruiter


“ A Simple yet Powerful Computational Tool ”

8/10 (overall) - Atanu Kumar S.
  • Matlab is a versatile computational tool for a diverse field of physical, mathematical, and social sciences.
  • The most important features of MATLAB are the simple user-friendly interface, tons of library functions, and a significant amount of examples.
  • Sometimes the software can become very slow in performance. Depending on the configuration of the computer, it can take up to a minute to complete the initialization.
  • Even though MATLAB supports parallel computation, the pulling of the parallel nodes may be time-consuming, therefore, not very useful for medium load computations.

“ The Harbinger of Engineering Research ”

8/10 (overall) - Gianetan S.
  • The abstraction of best of the cutting edge techniques scaled down to function level makes it powerhouse of research in the field of science and engineering.
  • Input of data in the form of matrices make it intuitive to use and visualization of data makes it an extension of your own mind.
  • The black box approach of using functions wherein you are aware what the input and output of function is but not its source code is a double edge sword.
  • Whereas it makes it easy to use the function per se but it also makes it difficult to customize software.

“ Amazing tool once you get to know it ”

9/10 (overall) - Alex R.
  • So many features! This tool can do anything once you learn how to use it. I recommend some sort of class to teach you how to use it.
  • So far it has been great.


  • Severe learning curve especially if you haven’t used any modeling software ever.
  • Can be a bit intimidating at first.


  • Access Control
  • Analytics
  • Application Integration
  • Assessment Management
  • Assignment Management
  • Email Distribution
  • Business Intelligence
  • List Management
  • Sales Enablement
  • Sales Force Automation
  • Security
  • Predictive Sales
  • Performance Management
  • Predictive Sales
  • Process Management

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Q & A

Q. What is MATLAB used for?

MATLAB is an advanced software that calculates and analyzes data from various sources. On top of that, this app also provides various graphs and charts that its users can utilize to display accurate data visualizations. This allows data to be better understood by the entire organization. MATLAB also offers a programming functionality that simplifies the coding, so that you won’t have a difficult time using the platform.

Q. How much does MATLAB cost?

The MATLAB app offers various licenses for certain individuals as well as a quote based pricing system in place. For the licenses, the platform separates it by category – Standard, Education, Home, and Student. For the Standard option, it offers two (2) licenses: Perpetual license ($2,350) and the Annual license ($950). For the Education option: the Perpetual license ($550) and the Annual license ($275). For the Home option, there is only one (1), and it costs $95. Finally, for the Student option, there are two(2) licenses: the Student license ($29) and the Student suite license ($55).

Q. Does MATLAB offer a free trial period?

Yes, it does. MATLAB offers all interested users a 30-day free trial period. This is for both student and other licenses. The free trial software is available to download on the MATLAB platform’s website.

Q. What is the difference between MATLAB and R?

For starters, MATLAB is much faster software compared to R. On top of that, MATLAB caters to the various engineering-related solutions that require complex algorithms. While R simply provides data processing and statistics.