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MathWorks Matlab vs TIBCO Data Science comparison

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Comparison Buyer's Guide

Executive Summary
 

Categories and Ranking

IBM SPSS Statistics
Sponsored
Ranking in Data Science Platforms
10th
Average Rating
8.0
Number of Reviews
37
Ranking in other categories
Data Mining (3rd)
MathWorks Matlab
Ranking in Data Science Platforms
16th
Average Rating
8.6
Number of Reviews
3
Ranking in other categories
No ranking in other categories
TIBCO Data Science
Ranking in Data Science Platforms
25th
Average Rating
7.6
Number of Reviews
4
Ranking in other categories
No ranking in other categories
 

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 MathWorks Matlab is 0.5%, down from 0.9% compared to the previous year. The mindshare of TIBCO Data Science is 0.6%, up from 0.3% compared to the previous year. It is calculated based on PeerSpot user engagement data.
Data Science Platforms
 

Featured Reviews

AbakarAhmat - PeerSpot reviewer
Sep 21, 2023
Enhancing survey analysis that provides valued insightfulness
I use it to analyze questionnaire surveys related to a product, solution, or application, such as open data services, which I provide to consumers and end-users. These surveys contain evaluation assessments, and I use SPSS to analyze the responses The most valuable feature is its robust…
Neha Wanjari - PeerSpot reviewer
Apr 2, 2024
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.
VS
Dec 9, 2019
A straightforward initial setup and good reporting but needs better documentation
It would be ideal if it could be put onto the NMP where you can make more of an analysis. Right now, people don't have enough time to go through the report and make an analysis. It should provide the information of what is on the report into some kind of a dialogue form. Then, a person can ask certain questions and it could interactively give the required report. In terms of performance, I can see there are some issues when you are working with big data. When we are taking it from the Data Lake, we have a lot of issues. If you are doing certain operations of RDBMS, you suffer in terms of the latency of the data. That can be improved upon. Users should be able to cross tables of the web pages they are developing on Spotfire and this needs to be really easy and convenient. Right now, you need to do a lot of tweaks. The solution should be more user-friendly and require fewer tweaks, extensions, and workarounds.

Quotes from Members

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

Pros

"The features that I have found most valuable are the Bayesian statistics and descriptive statistics."
"It offers very good visualization."
"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."
"It is a modeling tool with helpful automation."
"It is perfectly adequate if all you need are the results and not the trail of evidence."
"The most valuable features mainly include factor analysis, correlation analysis, and geographic analysis."
"You can quickly build models because it does the work for you."
"Capability analysis is one of the main and valuable functions. We also do some hypothesis testing in Minitab and summary stats. These are the functions that we find very useful."
"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."
"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 most valuable feature is the performance."
"The idea that you don't have to generate reports each day but they are sent automatically is great."
"We like the way we can drill down into each report to get back data on each project. From the portfolio level, I can see what is happening on it. That is a really important feature. I can look at indirect costs, for example, which are hitting each CIO portfolio. It's good to be able to see actual resources in terms of time as well as cost."
"The most valuable feature is the ease of setting up visualizations."
 

Cons

"I'd like to see them use more artificial intelligence. It should be smart enough to do predictions and everything based on what you input."
"Improvements are needed in the user interface, particularly in terms of user-friendliness."
"It could provide even more in the way of automation as there are many opportunities."
"The design of the experience can be improved."
"This solution is not suitable for use with Big Data."
"The solution needs more planning tools and capabilities."
"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."
"There is a learning curve; it's not very steep, but there is one."
"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."
"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."
"Additional templates would help to get things moving more quickly in terms of getting the reports out."
"In terms of performance, I can see there are some issues when you are working with big data. When we are taking it from the Data Lake, we have a lot of issues."
"I would like the visualization for the map of countries to be more easily configurable."
"The scripting for customization could be improved."
 

Pricing and Cost Advice

"It's quite expensive, but they do a special deal for universities."
"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."
"The price of IBM SPSS Statistics could improve."
"The price of this solution is a little bit high, which was a problem for my company."
"More affordable training for new staff members."
"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 for the software itself is reasonable, and I didn't encounter any additional costs beyond the initial purchase or license."
"We have a single user license. Support and add-ons are an extra fee."
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Top Industries

By visitors reading reviews
Financial Services Firm
16%
University
10%
Computer Software Company
9%
Manufacturing Company
8%
Educational Organization
13%
University
10%
Manufacturing Company
10%
Computer Software Company
9%
No data available
 

Company Size

By reviewers
Large Enterprise
Midsize Enterprise
Small Business
No data available
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.
What is your experience regarding pricing and costs for IBM SPSS Statistics?
While the pricing of the product may be higher, the accompanying service and features justify the investment. However...
What needs improvement with IBM SPSS Statistics?
In some cases, the product takes time to load a large dataset. They could improve this particular area.
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...
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...
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...
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Also Known As

SPSS Statistics
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Alpine Data Chorus
 

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Overview

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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
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Find out what your peers are saying about MathWorks Matlab vs. TIBCO Data Science and other solutions. Updated: October 2024.
814,649 professionals have used our research since 2012.