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Anaconda Business vs MathWorks Matlab comparison

 

Comparison Buyer's Guide

Executive SummaryUpdated on Nov 2, 2025

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

Anaconda Business
Ranking in Data Science Platforms
7th
Average Rating
8.2
Reviews Sentiment
6.8
Number of Reviews
28
Ranking in other categories
No ranking in other categories
MathWorks Matlab
Ranking in Data Science Platforms
15th
Average Rating
8.8
Reviews Sentiment
5.5
Number of Reviews
5
Ranking in other categories
No ranking in other categories
 

Mindshare comparison

As of December 2025, in the Data Science Platforms category, the mindshare of Anaconda Business is 2.5%, up from 2.1% compared to the previous year. The mindshare of MathWorks Matlab is 1.5%, up from 0.5% compared to the previous year. It is calculated based on PeerSpot user engagement data.
Data Science Platforms Market Share Distribution
ProductMarket Share (%)
Anaconda Business2.5%
MathWorks Matlab1.5%
Other96.0%
Data Science Platforms
 

Featured Reviews

reviewer2775498 - PeerSpot reviewer
tester at a tech vendor with 10,001+ employees
Isolate environments and switch package versions efficiently for smoother testing workflows
Overall, it works well, but there are a few things that could be better. Sometimes the environment creation or package installation feels a bit slow, especially with bigger libraries. Another thing I would appreciate is a cleaner, more intuitive interface for managing environments. It works, but a smoother UI could make the workflow faster. It would also be nice to have clearer error messages when something fails, so it is easier to understand what went wrong without digging too much. The documentation could be a bit clearer, especially for troubleshooting specific errors or setup issues. Sometimes I need to search extensively to find the exact steps. Also, having quicker or more detailed support responses would help when something unexpected comes up. These are not major problems, but improving them would definitely make the overall experience smoother. One small improvement I would add is smoother integration with IDEs. It works fine right now, but having even tighter or more automated syncing with tools such as VS Code or PyCharm would make the workflow faster. Perhaps also a few more built-in examples or quick-start guides for common setups would be helpful. Nothing major, just things that would make the experience even more user-friendly.
RB
Business Owner at SASS GmbH
Versatile system empowers users with advanced algorithm development and seamless integration capabilities
The application is pretty good, and I don't really complain. For my purposes, MathWorks Matlab is perfect because it's very versatile; it is not out-of-the-box of course, and you have to program everything yourself. If you are experienced enough, you can do many things which other programs, for instance, SPSS, cannot do, as you need to program it—it's a fourth-generation programming language. In the future of MathWorks Matlab, I would appreciate the addition of many AI features, as there are a lot of machine learning capabilities and many AI features in the visual scene, although I don't need those because I use this feature data and don't work on pictures or images. However, you can work on images and can then do deep learning and that stuff, which is one of the real strengths of MathWorks Matlab.

Quotes from Members

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

Pros

"It's interesting. It's user friendly. That's what makes it outstanding among the others. It has a collection of R, Python, and others. Their platform strategy has a collection of many other visualization tools, apart from Spyder and RStudio, which is really helpful for data science. For any data science professional, Anaconda is really handy. It has almost all the tools for data science."
"We find the advanced security, governance, and collaborative features for organizations using Python and R particularly useful, as these business plans provided by Anaconda Business have been very helpful."
"Anaconda Business has positively impacted my organization because, when discussing the security point of view, it's exceptional; when comparing it to other solutions, Anaconda Business is superior."
"With Anaconda Navigator, we have been able to use multiple IDEs such as JupyterLab, Jupyter Notebook, Spyder, Visual Studio Code, and RStudio in one place. The platform-agnostic package manager, "Conda", makes life easy when it comes to managing and installing packages."
"The solution is stable."
"It helped us find find the optimal area for where our warehouse should be located."
"The virtual environment is very good."
"It has a lot of functionality available, supports many libraries, and the developers are continually improving it."
"The platform's most valuable feature is its field-specific packages, which make it very easy to use."
"Making digital twins saves significant time; checking something in simulation is more cost-effective—for instance, with marine engines, we typically need about 10 years of checking to find misfires, but with MathWorks Matlab, we can complete it in one month."
"What I appreciate about MathWorks Matlab is that it is the most versatile program system I know; there are so many toolboxes which I don't need, as I mostly work with statistics, but it's amazing how many functions there are."
"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 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."
 

Cons

"The ability to schedule scripts for the building and monitoring of jobs would be an advantage for this platform."
"The solution would benefit from offering more automation."
"The pricing should be a little lower for a single person to use, as it might be affordable for an organization, but for my single use, it is difficult."
"Sometimes the environment creation or package installation feels a bit slow, especially with bigger libraries."
"I think that the framework can be improved to make it easier for people to discover and use things on their own."
"Anaconda should be optimized for RAM consumption."
"Interaction and speed can be improved."
"Sometimes the environment creation or package installation feels a bit slow, especially with bigger libraries."
"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."
"It is not out-of-the-box of course, and you have to program everything yourself."
 

Pricing and Cost Advice

"The licensing costs for Anaconda are reasonable."
"Anaconda is free to use, but in terms of hardware costs, you might need heavy GPUs to run CUDA and other demanding tasks."
"The product is open-source and free to use."
"My company uses the free version of the tool. There is also a paid version of the tool available."
"The tool is open-source."
"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%
Manufacturing Company
8%
Computer Software Company
7%
Computer Software Company
14%
Comms Service Provider
8%
Government
7%
Educational Organization
7%
 

Company Size

By reviewers
Large Enterprise
Midsize Enterprise
Small Business
By reviewers
Company SizeCount
Small Business11
Midsize Enterprise2
Large Enterprise19
By reviewers
Company SizeCount
Small Business2
Midsize Enterprise1
Large Enterprise4
 

Questions from the Community

What do you like most about Anaconda?
The tool's most valuable feature is its cloud-based nature, allowing accessibility from anywhere. Additionally, using Jupyter Notebook makes it easy to handle bugs and errors.
What is your experience regarding pricing and costs for Anaconda?
My experience with pricing, setup cost, and licensing is that it is a little costly, but it is useful.
What needs improvement with Anaconda?
I am still becoming familiar with Anaconda Business tools after using them for only two years, so I am not utilizing Anaconda Business extensively in data analysis and data science projects yet. I ...
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?
Regarding the pricing part and licensing cost for MathWorks Matlab, it is not cheap, but it depends on the functions you need. You don't need all of them; you may just require a few and then it's r...
What needs improvement with MathWorks Matlab?
The application is pretty good, and I don't really complain. For my purposes, MathWorks Matlab is perfect because it's very versatile; it is not out-of-the-box of course, and you have to program ev...
 

Overview

Information not available
 

Sample Customers

LinkedIn, NASA, Boeing, JP Morgan, Recursion Pharmaceuticals, DARPA, Microsoft, Amazon, HP, Cisco, Thomson Reuters, IBM, Bridgestone
Information Not Available
Find out what your peers are saying about Anaconda Business vs. MathWorks Matlab and other solutions. Updated: December 2025.
879,259 professionals have used our research since 2012.