MathWorks Matlab vs TIBCO Data Science comparison

MathWorks and TIBCO are both solutions in the Data Science Platforms category. MathWorks is ranked #16 with an average rating of 9.0, while TIBCO is ranked #24. MathWorks holds a 0.5% mindshare in Data Science Platforms, compared to TIBCO’s 0.5% mindshare. Additionally, 100% of MathWorks users are willing to recommend the solution, compared to 100% of TIBCO users who would recommend it.

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Executive SummaryUpdated on Dec 5, 2024

TIBCO Data Science and MathWorks Matlab are competitive in data analysis platforms. TIBCO is noted for better pricing and customer support, while Matlab is preferred for its superior features.

Features: TIBCO Data Science offers predictive analytics, machine learning integration, and visual workflows to simplify complex model creation. MathWorks Matlab includes advanced algorithms, extensive toolboxes, and integration capabilities supporting complex technical computing tasks. Matlab is ideal for professionals requiring deep engineering analysis, while TIBCO is preferred for ease of use in business analytics.

Ease of Deployment and Customer Service: TIBCO Data Science's cloud-native architecture allows seamless integration into business environments with comprehensive customer support. MathWorks Matlab focuses on on-premise deployment with extensive documentation and a robust support structure, catering to technical and engineering settings.

Pricing and ROI: TIBCO Data Science presents a cost-effective setup with a quicker ROI in business analytics settings. MathWorks Matlab involves a higher initial investment justified by comprehensive engineering and data analysis capabilities, providing higher ROI for technical enterprises. TIBCO is attractive for companies with budget constraints, while Matlab appeals to organizations prioritizing technical depth.

To learn more, read our detailed MathWorks Matlab vs. TIBCO Data Science Report (Updated: December 2024).

Buyer's Guide

MathWorks Matlab vs. TIBCO Data Science

December 2024

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Categories and Ranking

IBM SPSS Statistics

Mindshare comparison

As of December 2024, in the Data Science Platforms category, the mindshare of IBM SPSS Statistics is 2.7%, up from 2.7% 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 0.5%, up from 0.4% compared to the previous year. It is calculated based on PeerSpot user engagement data.

Data Science Platforms

Featured Reviews

Md Masudul Hassan

Agricultural Finance and IT Researcher at Sher-e-Bangla Agricultural University

Comprehensive data analysis capabilities with a user-friendly interface, providing an efficient and reliable platform for researchers and analysts

I believe that offering short-term SPSS licenses, perhaps when customer sourcing is available, could make it more affordable. These licenses shouldn't include features tailored for universities or large sales organizations. Instead, they could offer discounts or additional facilities for smaller entities to access the software. In developing countries, it would be beneficial to provide certain features to users at no cost initially, while also customizing pricing options. For example, offering basic features to the first hundred users can help them become familiar with the software and its capabilities. This approach encourages users to upgrade to higher tiers as they become more experienced and require additional functionality.

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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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Veeresh-SHRINGARI

Portfolio Manager, AI & ML at a healthcare company with 10,001+ employees

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.

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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

"The best part is that they have an algorithm handbook, so you can open it up and understand how it works, and if it is useful, this is very important."

"SPSS can handle whatever you throw at it, whether your data set contains 10,000, 100,000, or a million objects. It's like the heavy artillery of analytical tools."

"The most valuable features mainly include factor analysis, correlation analysis, and geographic analysis."

"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 offers very good visualization."

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

"The most valuable features are the solution is easy to use, training new users is not difficult, and our usage is comprehensive because the whole service is beneficial."

"You can quickly build models because it does the work for you."

More IBM SPSS Statistics pros

"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 idea that you don't have to generate reports each day but they are sent automatically is great."

"The most valuable feature is the ease of setting up visualizations."

"The most valuable feature is the performance."

"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."

Cons

"It could provide even more in the way of automation as there are many opportunities."

"SPSS is a tool that's been around since the late 60s, and it's the universal worldwide standard for quantitative social science data analysis. That said, it does seem a bit strange to me that the graphical output functions are so clunky after all these years. The output of charts and graphs that SPSS produces is hideous."

"The technical support should be improved."

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

"The solution needs more planning tools and capabilities."

"I know that SPSS is a statistical tool but it should also include a little bit of analytical behavior. You can call it augmented analysis or predictive analysis. The bottom line is it should have more graphical and analytical capabilities."

"Better documentation on how to use macros."

"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."

More IBM SPSS Statistics cons

"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."

"The scripting for customization could be improved."

"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."

Pricing and Cost Advice

"SPSS is an expensive piece of software because it's incredibly complex and has been refined over decades, but I would say it's fairly priced."

"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."

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

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

"If it requires lot of data processing, maybe switching to IBM SPSS Clementine would be better for the buyer."

"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."

"More affordable training for new staff members."

More IBM SPSS Statistics pricing and cost advice

"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."

Information not available

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Top Industries

By visitors reading reviews

Financial Services Firm

17%

Computer Software Company

University

Manufacturing Company

University

12%

Manufacturing Company

11%

Educational Organization

11%

Computer Software Company

No data available

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.

See all answers

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 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...

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Comparisons

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Compared 16% of the time

Alteryx vs IBM SPSS Statistics

Compared 13% of the time

TIBCO Statistica vs IBM SPSS Statistics

Compared 13% of the time

Microsoft Azure Machine Learning Studio vs IBM SPSS Statistics

Compared 11% of the time

Weka vs IBM SPSS Statistics

Compared 10% of the time

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Dataiku vs MathWorks Matlab

Compared 100% of the time

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TIBCO Statistica vs TIBCO Data Science

Compared 38% of the time

Amazon SageMaker vs TIBCO Data Science

Compared 36% of the time

Dataiku vs TIBCO Data Science

Compared 26% of the time

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Product Reports

Buyer's Guide

IBM SPSS Statistics

December 2024

Download IBM SPSS Statistics product report

Buyer's Guide

Data Science Platforms

December 2024

Download MathWorks Matlab product report

Buyer's Guide

Data Science Platforms

December 2024

Download TIBCO Data Science product report

Also Known As

SPSS Statistics

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TIBCO

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.”

Information not available

TIBCO Spotfire Data Science is an enterprise big data analytics platform that can help your organization become a digital leader. The collaborative user-interface allows data scientists, data engineers, and business users to work together on data science projects. These cross-functional teams can build machine learning workflows in an intuitive web interface with a minimum of code, while still leveraging the power of big data platforms.

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

Information Not Available

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Buyer's Guide

MathWorks Matlab vs. TIBCO Data Science

December 2024

Free Report: MathWorks Matlab vs. TIBCO Data Science

Find out what your peers are saying about MathWorks Matlab vs. TIBCO Data Science and other solutions. Updated: December 2024.

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