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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
7.3
Number of Reviews
19
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 October 2025, in the Data Science Platforms category, the mindshare of Anaconda Business is 2.4%, up from 2.1% compared to the previous year. The mindshare of MathWorks Matlab is 1.1%, 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 Business2.4%
MathWorks Matlab1.1%
Other96.5%
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

"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 virtual environment is very good."
"The best part of Anaconda is the media distribution that comes as part of it. It gets us started very quickly."
"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."
"The most valuable feature is the set of libraries that are used to support the functionality that we require."
"I can use Anaconda for non-heavy tasks."
"The product is responsive, sleek and has a beautiful interface that is pleasant to use. It helps users to easily share code."
"Voice Configuration and Environmental Management Capabilities are the most valuable features."
"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."
"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."
"The platform's most valuable feature is its field-specific packages, which make it very easy to use."
"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."
 

Cons

"The interface could be improved. Other solutions, like Visual Studio, have much better UI."
"The process could be streamlined as the number of actions needed to deploy is quite large compared to other tools."
"Anaconda could benefit from improvement in its user interface to make it more attractive and user-friendly. Currently, it's boring."
"The ability to schedule scripts for the building and monitoring of jobs would be an advantage for this platform."
"It also takes up a lot of space."
"Having a small guide or video on the tool would help learn how to use it and what the features are."
"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 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."
"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."
"One area where the product could improve is in the ease of learning."
"It is not out-of-the-box of course, and you have to program everything yourself."
 

Pricing and Cost Advice

"My company uses the free version of the tool. There is also a paid version of the tool available."
"Anaconda is free to use, but in terms of hardware costs, you might need heavy GPUs to run CUDA and other demanding tasks."
"The licensing costs for Anaconda are reasonable."
"The tool is open-source."
"The product is open-source and free to use."
"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
18%
Manufacturing Company
8%
Computer Software Company
8%
University
8%
Computer Software Company
10%
Comms Service Provider
9%
Educational Organization
9%
Manufacturing Company
7%
 

Company Size

By reviewers
Large Enterprise
Midsize Enterprise
Small Business
By reviewers
Company SizeCount
Small Business11
Midsize Enterprise2
Large Enterprise10
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?
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?
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: September 2025.
868,787 professionals have used our research since 2012.