MATLAB vs. Spotfire

Engineering, mathematical modeling, and machine learning are all fields where MATLAB will shine. It's fast, reliable, and relatively easy to use. MATLAB is the de facto standard when it comes to producing high-quality plots. If you need to deal with large data sets, and not take forever processing them, MATLAB may very well be the tool for you!

Incentivized

Spotfire was used to look at a large data set of an in process manufacturing step. The data visualization was set up to look at yield as a function of several inputs (chemical / equipment / operator). After only a short analysis it was immediately obvious that there was a 5% yield discrepancy based on the operator using the equipment. The operators were retrained and the yield gap was eliminated.

Incentivized

• Has robust and easy-to-use debugging tools that can help one identify problems in one's codes.
• Rich, well-developed and efficient library of mathematical and statistical functions that one might need to develop models or perform statistical analysis.
• A very active online user community that is a great resource in terms of seeking help when you hit a snag.
• Great help literature (and sometimes videos too) on all tools making it possible for all to train themselves.

Incentivized

• It has the best coding integration (python, R) of any BI product
• The ability to work with very large datasets (10 mil+) is better than competitors
• Export options are more complete and have better functionality
• The data canvas is the best tool to join and transform data vs. competitors

Incentivized

• MATLAB should have a full free version (without time limit) in order to be more accessible and thus have a greater user community.
• The idea of having toolboxes to work directly with hardware (microcontrollers, single-board computers) is great, but one can tell it isn't updated very frequently and there isn't as much documentation available as with more common resources.
• Our organization had a lot of trouble getting our network licenses to work properly and there wasn't any local service provider that could help us get it to work faster.

Incentivized

• They should have a lower price point for users to access the analyst version who don't require advanced capabilities. For example, a lower price if users just need to do some basic slicing and dicing with their data and not have to the data science functionality (ie. K-means clustering, regression modeling, classification modeling, etc.).
• Currently, you can't change the font type/color on the axis, which I'm sure will eventually be available in the future as they have a Spotfire Ideas portal that they're fairly responsive to and act on. I guess at the end of the day, it's about the data and what insights you get from it.

Incentivized

It's a very powerful tool that allows for a myriad of customizations within the analysis files themselves, particularly with the custom expression functionality. There have been some great strides with the quality of the visualization options (which were not great to begin with) and I hope to see more improvements made as the product gets updated.

Incentivized

The best thing about MATLAB is the variety of research and development fields it supports. The reason for this rating is that it is best used for medical images enhancement and signal processing, it is also used for speech to text conversion. This tool server is best when the demand is for machine learning.

Incentivized

Basic tasks like generating meaningful information from large sets of raw data are very easy. The next step of linking to multiple live data sources and linking those tables and performing on the fly analysis of the imported data is understandably more difficult.

Incentivized

Even though, it's a rather stable and predictable tool that's also fast, it does have some bugs and inconsistencies that shut down the system. Depending on the details, it could happen as often as 2-3 times a week, especially during the development period.

Generally, the Spotfire client runs with very good performance. There are factors that could affect performance, but normally has to do with loading large analysis files from the library if the database is located some distance away and your global network is not optimal. Once you have your data table(s) loaded in the client application, usually the application is quite good performance-wise.

The built-in search engine is not as performing as I wish it would be. However, the YouTube channel has a vast library of informative video that can help understanding the software. Also, many other software have a nice bridge into MATLAB, which makes it very versatile. Overall, the support for MATLAB is good.

Incentivized

Support has been helpful with issues. Support seems to know their product and its capabilities. It would also seem that they have a good sense of the context of the problem; where we are going with this issue and what we want the end outcome to be.

Incentivized

The instructor was very in depth and provided relevant training to business users on how to create visualizations. They showed us how to alter settings and filter views, and provided resources for future questions. However, the instructor failed to cover data sources, connecting to data, etc. While it was helpful to see how users can use the data to create reports, they failed to properly instruct us on how to get the dataset in to begin with. We are still trying to figure out connections to certain databases (we have multiple different types).

Incentivized

The online training is good, provides a good base of knowledge. The video demonstrations were well-done and easy to follow along. Provided exercises are good as well, but I think there could be more challenging exercises. The training has also gone up in price significantly in the last 3 years (in USD, which hurts us even more in Canada), and I'm not sure it is worth the money it now costs (it is worth how much it cost 3 years ago, but not double that.)

Incentivized

The original architecture I created for our implementation had only a particular set of internal business units in mind. Over the years, Spotfire gained in popularity in our company and was being utilized across many more business units. Soon, its usage went beyond what the original architectural implementation could provide. We've since learned about how the product is used by the different teams and are currently in the middle of rolling out a new architecture. I suggest:

• Have clearly defined service level agreements with all the teams that will use Spotfire. Your business intelligence group might only need availability during normal working hours, but your production support group might need 24/7 availability. If these groups share one Spotfire server, maintenance of that server might be a problem.
• Know the different types of data you will be working with. One group might be working with "public" data while another group might work with sensitive data. Design your Library accordingly and with the proper permissions.
• Know the roles of the users of Spotfire. Will there only be a small set of report writers or does everyone have write access to the Library?
• ALWAYS add a timestamp prompt to your reports. You don't want multiple users opening a report that will try and pull down millions of rows of data to their local workstations. Another option, of course, is to just hard code a time range in the backing database view (i.e. where activity_date >= sysdate - 90, etc.), but I'd rather educate/train the user base if possible.
• This probably goes without saying, but if possible, point to a separate reporting database or a logical standby database. You don't want the company pounding on your primaries and take down your order system.

The commands and coding language of MATLAB reads a lot more in plain English as opposed to all the periods and other special characters that are needed when typing in Python or Java. Additionally MATLAB has several different function packages that can solve all different categories of problems so you don't have to make a bunch of different code scrips from scratch.

Incentivized

Spotfire is appropriate for every organization of any size because it can be a recipient of data for better decision-making. Being a robust development platform for creating reports and dashboards, creating a new Spotfire dashboard is relatively simple. Developers can create highly customized dashboards using the tools it provides. I will recommend this software to others

Incentivized

In an enterprise architecture, if Spotfire Advanced Data services(Composite Studio),data marts can be managed optimally and scalability in a data perspective is great. As the web player/consumer is directly proportional to RAM, if the enterprise can handle RAM requirement accomodating fail over mechanisms appropraitely, it is definitely scalable,

Incentivized

• MATLAB has made me a better coder. I can see the code behind inbuilt functions which helps me improve my own coding.
• The various features offered in the software helped me to understand new topics in a relatively short span of time.
• MATLAB has a rich forum and library which allows exchange of ideas and info with other users. This has certainly broadened my horizon.

Incentivized

• Spotfire really helped a lot of people in terms of analysis. It eliminates data analysis in excel. Because even underlying data you can explore it in Spotfire.
• Spotfire helps data analysts to investigate data and also help analysts solve inconsistency of data.
• Spotfire helps data analysts in building great dashboard that provide insights to users to make decisions to drive revenue and manage the churn.

Incentivized