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MathWorks Matlab vs TIBCO Statistica comparison

 

Comparison Buyer's Guide

Executive Summary

Review summaries and opinions

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

Categories and Ranking

MathWorks Matlab
Ranking in Data Science Platforms
17th
Average Rating
8.6
Reviews Sentiment
6.5
Number of Reviews
3
Ranking in other categories
No ranking in other categories
TIBCO Statistica
Ranking in Data Science Platforms
21st
Average Rating
8.0
Reviews Sentiment
7.0
Number of Reviews
1
Ranking in other categories
Predictive Analytics (7th)
 

Mindshare comparison

As of April 2025, in the Data Science Platforms category, the mindshare of MathWorks Matlab is 0.7%, down from 0.7% compared to the previous year. The mindshare of TIBCO Statistica is 0.6%, down from 0.6% compared to the previous year. It is calculated based on PeerSpot user engagement data.
Data Science Platforms
 

Featured Reviews

Neha Wanjari - PeerSpot reviewer
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.
reviewer2038860 - PeerSpot reviewer
Provides versatility in analysis and problem-solving
I use TIBCO Statistica for quality control, creating profile control charts, and employing basic statistical tools in production. Some clients prefer advanced options like neural networks and decision trees for more in-depth analysis. TIBCO Statistica helps us meet a range of statistical needs for…

Quotes from Members

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

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."
"One of the best features of TIBCO Statistica is its block-based solution building."
 

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."
"One area where the product could improve is in the ease of learning."
"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."
"TIBCO Statistica could improve by expanding its neural network capabilities to support multi-layer networks, addressing user demands for advanced tasks like image analysis."
 

Pricing and Cost Advice

"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."
Information not available
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Top Industries

By visitors reading reviews
Computer Software Company
10%
University
10%
Educational Organization
9%
Energy/Utilities Company
9%
University
21%
Educational Organization
21%
Hospitality Company
11%
Manufacturing Company
9%
 

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 MathWorks Matlab?
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...
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 purchase or license.
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 programmers or those unfamiliar with specialized languages. Also, while the communi...
What do you like most about TIBCO Statistica?
One of the best features of TIBCO Statistica is its block-based solution building.
What is your experience regarding pricing and costs for TIBCO Statistica?
TIBCO Statistica offers a basic desktop certificate at a reasonable cost. However, the more advanced options, like network licenses for concurrent users, can become quite expensive. This creates a ...
What needs improvement with TIBCO Statistica?
TIBCO Statistica could improve by expanding its neural network capabilities to support multi-layer networks, addressing user demands for advanced tasks like image analysis. I also find the user int...
 

Also Known As

No data available
Quest Statistica, Dell Statistica
 

Overview

Information not available
 

Sample Customers

Information Not Available
Danske Bank
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