IBM Watson Studio vs MathWorks Matlab comparison

IBM and MathWorks are both solutions in the Data Science Platforms category. IBM is ranked #12 with an average rating of 8.2, while MathWorks is ranked #16 with an average rating of 9.0. IBM holds a 2.1% mindshare in Data Science Platforms, compared to MathWorks’s 0.5% mindshare. Additionally, 100% of IBM users are willing to recommend the solution, compared to 100% of MathWorks users who would recommend it.

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Executive Summary

We performed a comparison between IBM Watson Studio and MathWorks Matlab based on real PeerSpot user reviews.

Find out in this report how the two Data Science Platforms solutions compare in terms of features, pricing, service and support, easy of deployment, and ROI.

To learn more, read our detailed IBM Watson Studio vs. MathWorks Matlab Report (Updated: October 2024).

Buyer's Guide

IBM Watson Studio vs. MathWorks Matlab

October 2024

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Categories and Ranking

IBM SPSS Statistics

Mindshare comparison

As of November 2024, in the Data Science Platforms category, the mindshare of IBM SPSS Statistics is 2.8%, up from 2.6% compared to the previous year. The mindshare of IBM Watson Studio is 2.1%, down from 2.3% compared to the previous year. The mindshare of MathWorks Matlab is 0.5%, down from 0.9% compared to the previous year. It is calculated based on PeerSpot user engagement data.

Data Science Platforms

Featured Reviews

AbakarAhmat

Software Engineer at a university with 10,001+ employees

Enhancing survey analysis that provides valued insightfulness

I used traditional tools where I would prepare data, click through menus, and use SQL Server for data visualization. We switched to IBM SPSS because it offers strong certification and aligns well with the standards we prioritize in our surveys. In terms of popularity, it stands out as the top choice in the market, especially in the research and university domains. Many different organizations and institutions use SPSS for statistical analytics. While there are other tools like MCLab and similar options available, SPSS is the most renowned and widely used among them.

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Abilio Duarte

Senior Solutions Architect at Self-employed

A highly robust and well-documented platform that simplifies the complex world of AI

The main challenge lies in visibility and ease of use. Providing training sessions can be immensely helpful in helping users navigate and understand the tool's potential. This approach would empower users to explore and make the most of the tools and technologies at their disposal. Another area where IBM could enhance its offering is by providing more visibility to end users regarding the vast potential that Watson offers.

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Neha Wanjari

Technical Lead at KPIT Technologies

Has Simulink feature which helps with visual representations

The tool's most valuable feature is the Simulink environment. This feature provides an incredible capability to visually represent the system behavior before creating the code. It allows you to see the flow and interactions of the system, which is extremely beneficial for software development. With this visual representation, you can better understand the system's behavior, make necessary adjustments, and ensure maintenance and updates. This capability is why I love working with the product. The solution's UI has greatly supported my development process. I would rate it an eight point five out of ten for its user interface. It's easy to explain how a system works, especially if I've created a model in the Simulink environment. Integrating it with other languages or tools has always benefited my projects. Even though I've only used two languages, it has been advantageous overall.

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Quotes from Members

We asked business professionals to review the solutions they use. Here are some excerpts of what they said:

Pros

"SPSS is quite robust and quicker in terms of providing you the output."

"Most of the product features are good but I particularly like the linear regression analysis."

"I've found the descriptive statistics and cross-tabs valuable. The very simple correlations and regressions are as well."

"The solution is very comprehensive, especially compared to Minitabs, which is considered more for manufacturing. However, whatever data you want to analyze can be handled with SPSS."

"IBM SPSS Statistics depends on AI."

"The SPSS interface is very accessible and user-friendly. It's really easy to get information in it. I've shared it with experts and beginners, and everyone can navigate it."

"Some of the most valuable features that we are using with some business models are machine learning algorithms, statistical models given to us by the business, and getting data from the database or text files."

"The most valuable feature of IBM SPSS Statistics is all the functionality it provides. Additionally, it is simple to do the five-way analysis that you can into multidimensional setup space. It's the multidimensional space facility that is most useful."

More IBM SPSS Statistics pros

"It has a lot of data connectors, which is extremely helpful."

"Watson Studio is very stable."

"It is a stable, reliable product."

"It has greatly improved the performance because it is standardized across the company."

"Technical support is great. We have had weekly teleconferences with the technical people at IBM, and they have been fantastic."

"The scalability of IBM Watson Studio is great."

"For me, the valuable feature of the solution is the one that I used, which was Jupyter notebooks."

"Stability-wise, it is a great tool."

More IBM Watson Studio pros

"The tool's most valuable feature is the Simulink environment. This feature provides an incredible capability to visually represent the system behavior before creating the code. It allows you to see the flow and interactions of the system, which is extremely beneficial for software development. With this visual representation, you can better understand the system's behavior, make necessary adjustments, and ensure maintenance and updates. This capability is why I love working with the product."

"Personally for me, because I do a lot of development, I like that it is easy to test mathematical algorithms with several matrix calculations. It's perfect for that."

"The platform's most valuable feature is its field-specific packages, which make it very easy to use."

Cons

"IBM SPSS Statistics does not keep you close to your data like KNIME."

"One of the areas that should be similar to Minitabs is the use of blogs. The Minitabs blog helps users understand the tools and gives lots of practical examples. Following the SPSS manual is cumbersome. It's a good, exhaustive manual, but it's not practical to use. With Minitabs, you can go to the blogs and find specific articles written about various components and it's very helpful. Without blogs, we find SPSS more complicated."

"The technical support should be improved."

"Perhaps in terms of visualization. It's not really easy to do some data visualization, just simple, descriptive analysis in SPSS. I think that could be an area for improvement."

"Improvements are needed in the user interface, particularly in terms of user-friendliness."

"Each algorithm could be more adaptable to some industry-specific areas, or, in some cases, adapted for maintenance."

"There is a learning curve; it's not very steep, but there is one."

"SPSS slows down the computer or the laptop if the data is huge; then you need a faster computer."

More IBM SPSS Statistics cons

"We would like to see it more web-based with more functionality."

"I want IBM's technical support team to provide more specific answers to queries."

"Watson Studio would be improved with a clearer path for the deployment of docker images."

"I think maybe the support is an area where it lacks."

"We would like to see it less as one big, massive product, but more based on smaller services that we can then roll out to consumers."

"The main challenge lies in visibility and ease of use."

"Some of the solutions are really good solutions but they can be a little too costly for many."

"More features in data virtualization would be helpful. The solution could use an interactive dashboard that could make exploration easier."

More IBM Watson Studio cons

"To make use of the GPU, you have to have an Nvidia card. What I would want it to do is to run in Next Generation with Intel or AMD, and not just with Nvidia."

"One area where the product could improve is in the ease of learning."

"In the area of improvement, sometimes there are issues with the speed of MathWorks Matlab, particularly in the Simulink environment. The tool's latest versions can be slow to open, taking significant time to load. Additionally, saving data and integrating models can also be time-consuming processes."

Pricing and Cost Advice

"The price of this solution is a little bit high, which was a problem for my company."

"We think that IBM SPSS is expensive for this function."

"While the pricing of the product may be higher, the accompanying service and features justify the investment."

"I rate the tool's pricing a five out of ten."

"It's quite expensive, but they do a special deal for universities."

"Our licence is on a yearly renewal basis. While pricing is not the primary concern in our evaluation, as products are assessed by whether they can meet our user needs and expertise, the cost can be a limiting factor in the number of licences we procure."

"The pricing of the modeler is high and can reduce the utility of the product for those who can not afford to adopt it."

"More affordable training for new staff members."

More IBM SPSS Statistics pricing and cost advice

"Watson Studio's pricing is reasonable for what you get."

"IBM Watson Studio is a reasonably priced product"

"IBM Watson Studio is an expensive solution."

"The pricing is generally reasonable and straightforward but can vary significantly depending on the specific workloads in use."

"We have a single user license. Support and add-ons are an extra fee."

"The pricing for the software itself is reasonable, and I didn't encounter any additional costs beyond the initial purchase or license."

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816,406 professionals have used our research since 2012.

Top Industries

By visitors reading reviews

Financial Services Firm

17%

University

Computer Software Company

Manufacturing Company

Financial Services Firm

14%

Computer Software Company

12%

Manufacturing Company

University

Educational Organization

11%

University

11%

Manufacturing Company

10%

Computer Software Company

Company Size

By reviewers

Large Enterprise

Midsize Enterprise

Small Business

No data available

Questions from the Community

What do you like most about IBM SPSS Statistics?

The software offers consistency across multiple research projects helping us with predictive analytics capabilities.

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What is your experience regarding pricing and costs for IBM SPSS Statistics?

The cost of IBM SPSS Statistics is managed by organizations, not individual researchers. It is a very expensive produ...

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What needs improvement with IBM SPSS Statistics?

IBM SPSS Statistics does not keep you close to your data like KNIME. In KNIME, at every stage, you can see the result...

See all answers

What do you like most about IBM Watson Studio?

Stability-wise, it is a great tool.

See all answers

What is your experience regarding pricing and costs for IBM Watson Studio?

IBM Watson Studio is an expensive solution.

See all answers

What needs improvement with IBM Watson Studio?

From an improvement perspective, I would say that if the deployment environment and IBM Watson Studio's environment a...

See all answers

What do you like most about MathWorks Matlab?

The tool's most valuable feature is the Simulink environment. This feature provides an incredible capability to visua...

See all answers

What is your experience regarding pricing and costs for MathWorks Matlab?

The pricing for the software itself is reasonable, and I didn't encounter any additional costs beyond the initial pur...

See all answers

What needs improvement with MathWorks Matlab?

One area where the product could improve is in the ease of learning. The syntax can be challenging for first-time pro...

See all answers

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Product Reports

Buyer's Guide

IBM SPSS Statistics

November 2024

Download IBM SPSS Statistics product report

Buyer's Guide

IBM Watson Studio

November 2024

Download IBM Watson Studio product report

Buyer's Guide

Data Science Platforms

November 2024

Download MathWorks Matlab product report

Also Known As

SPSS Statistics

Watson Studio, IBM Data Science Experience, Data Science Experience, DSx

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MathWorks

Overview

IBM SPSS Statistics is a powerful data mining solution that is designed to aid business leaders in making important business decisions. It is designed so that it can be effectively utilized by organizations across a wide range of fields. SPSS Statistics allows users to leverage machine learning algorithms so that they can mine and analyze data in the most effective way possible.

IBM SPSS Statistics Benefits

Some of the ways that organizations can benefit by choosing to deploy IBM SPSS Statistics include:

Ease of use. SPSS Statistics enables users to simply and intuitively take control of their statistical needs. The solution is designed so that analysts who do not know how to code can easily make full use of the various tools and capabilities that SPSS Statistics has to offer. Its command language is so straightforward that it does not require users to undergo special training before they use it.

Comprehensive and flexible build. SPSS Statistics is designed to be both a comprehensive and highly flexible analytics solution. It enables users to utilize a variety of integrations that make it easy for users to add features that they might feel they are missing.

Automation. SPSS Statistics makes it simple for users to automate basic tasks that they might otherwise devote too much time worrying about. Tasks like calculation or data gathering can be delegated to the system while more conceptual tasks like data analysis are given to an organization’s analysts to handle.

IBM SPSS Statistics Features

Intuitive user interface. SPSS Statistics enables users to deploy an intuitive interface that makes the process of system management simple. Among the other components of this interface is a drag-and-drop feature that makes analysis and management possible for anyone who wants to use it.

Advanced data visualizations. Analysts that employ SPSS Statistics gain access to tools that empower them to create and export data visualizations. These visualizations can be formatted in many different ways depending on what the user needs.

Local data storage. SPSS Statistics has the ability to securely store data on a user’s computer. This enables them to add layers of security that would not necessarily be present if the data was stored in the cloud.

Reviews from Real Users

IBM SPSS Statistics is a highly effective solution that stands out when compared to many of its competitors. Two major advantages it offers are the wealth of functionalities that it provides and its high level of accessibility.

An Emeritus Professor of Health Services Research at a university writes, "The most valuable feature of IBM SPSS Statistics is all the functionality it provides. Additionally, it is simple to do the five-way analysis that you can in a multidimensional setup space. It's the multidimensional space facility that is most useful."

A Director of Systems Management & MIS Operations at a university, says, “The SPSS interface is very accessible and user-friendly. It's really easy to get information from it. I've shared it with experts and beginners, and everyone can navigate it.”

IBM Watson Studio provides tools for data scientists, application developers and subject matter experts to collaboratively and easily work with data to build and train models at scale. It gives you the flexibility to build models where your data resides and deploy anywhere in a hybrid environment so you can operationalize data science faster.

Information not available

Sample Customers

LDB Group, RightShip, Tennessee Highway Patrol, Capgemini Consulting, TEAC Corporation, Ironside, nViso SA, Razorsight, Si.mobil, University Hospitals of Leicester, CROOZ Inc., GFS Fundraising Solutions, Nedbank Ltd., IDS-TILDA

GroupM, Accenture, Fifth Third Bank

Information Not Available

Buyer's Guide

IBM Watson Studio vs. MathWorks Matlab

October 2024

Free Report: IBM Watson Studio vs. MathWorks Matlab

Find out what your peers are saying about IBM Watson Studio vs. MathWorks Matlab and other solutions. Updated: October 2024.

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