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Anaconda Business vs MathWorks Matlab comparison

 

Comparison Buyer's Guide

Executive SummaryUpdated on Jul 27, 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
11th
Average Rating
8.2
Reviews Sentiment
7.4
Number of Reviews
19
Ranking in other categories
No ranking in other categories
MathWorks Matlab
Ranking in Data Science Platforms
17th
Average Rating
8.6
Reviews Sentiment
5.2
Number of Reviews
4
Ranking in other categories
No ranking in other categories
 

Mindshare comparison

As of August 2025, in the Data Science Platforms category, the mindshare of Anaconda Business is 2.1%, up from 2.1% compared to the previous year. The mindshare of MathWorks Matlab is 1.0%, up from 0.6% compared to the previous year. It is calculated based on PeerSpot user engagement data.
Data Science Platforms
 

Featured Reviews

Rohan Sharma - PeerSpot reviewer
Provides all the frameworks and makes it easy to create environments for multiple projects
The best thing is that it provides all the frameworks and makes it easy to create environments for multiple projects using Anaconda. It is easy for a beginner to learn to use Anaconda. Comparatively, it is easier than using virtual environments or other environments because of the Conda environment. However, there are many things in Anaconda that people need to be aware of, so it can be challenging.
Ioannis Kalathas - PeerSpot reviewer
Creating digital twins significantly reduces time for marine engine diagnostics
MathWorks Matlab has numerous libraries, making it challenging to have a holistic understanding of all of them. I can only speak about the libraries I have used. Additional GUIs and add-ons for MathWorks Matlab would help, especially for users who are not familiar with the software. The cost is a significant concern. While university pricing is reasonable, a cheaper version with fewer libraries would be beneficial. In Greece, we struggle to purchase licenses, and we also use Ansys. There are technical differences in simulation, but the price of MathWorks Matlab is too high for a Greek mechanic to use it. A license with fewer features would be more appropriate.

Quotes from Members

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

Pros

"It provides a unified platform where you can install Jupyter, Python Spider, and other related tools without needing separate installations."
"It helped us find find the optimal area for where our warehouse should be located."
"I can use Anaconda for non-heavy tasks."
"The virtual environment is very good."
"The most valuable feature is the set of libraries that are used to support the functionality that we require."
"The most advantageous feature is the logic building."
"It has a lot of functionality available, supports many libraries, and the developers are continually improving it."
"The documentation is excellent and the solution has a very large and active community that supports it."
"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."
"The platform's most valuable feature is its field-specific packages, which make it very easy to use."
 

Cons

"One thing that hurts the product is that the company is not doing more to advertise it as a solution and make it more well known."
"When you install Anaconda for the first time, it's really difficult to update it."
"Anaconda consumes a significant amount of processing memory when working on it."
"The ability to schedule scripts for the building and monitoring of jobs would be an advantage for this platform."
"The process could be streamlined as the number of actions needed to deploy is quite large compared to other tools."
"I think better documentation or a step-by-step guide for installation would help, especially for on-premise users."
"Anaconda should be optimized for RAM consumption."
"A lot of people and companies are investing in creating automated data cleaning and processing environments. Anaconda is a bit behind in that area."
"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."
"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."
 

Pricing and Cost Advice

"The product is open-source and free to use."
"Anaconda is free to use, but in terms of hardware costs, you might need heavy GPUs to run CUDA and other demanding tasks."
"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 licensing costs for Anaconda are reasonable."
"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
19%
Manufacturing Company
8%
University
8%
Computer Software Company
7%
Educational Organization
10%
Comms Service Provider
9%
Manufacturing Company
7%
Hospitality Company
7%
 

Company Size

By reviewers
Large Enterprise
Midsize Enterprise
Small Business
No data available
 

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?
Anaconda is an open-source tool, so I do not pay anything for it. It is compatible with every tool, regardless of whether it is open source or a paid package.
What needs improvement with Anaconda?
There is room for improvement, especially regarding deployment. The process could be streamlined as the number of actions needed to deploy is quite large compared to other tools.
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?
MathWorks Matlab has numerous libraries, making it challenging to have a holistic understanding of all of them. I can only speak about the libraries I have used. Additional GUIs and add-ons for Mat...
 

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: July 2025.
865,295 professionals have used our research since 2012.