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MATLAB vs Excel Analyzer: Which is a better fit?

Updated on February 2nd, 2025
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Summary
Features in Simulation
10
Best performer
50
  • 3D Imaging
  • Data Visualization
  • Design Analysis
1
50
User satisfaction
4.6
User reviews2,091
Ease of use
4.0
Functionality
4.6
Value for money
4.2
Customer support
4.2
4.7
User reviews24
Ease of use
4.5
Functionality
4.7
Value for money
4.6
Customer support
4.2
Price starts from
Yearly subscription
Free version
Free trial
/user
Monthly subscription
Free version
Free trial
Best for

Cloud-based and on-premise programming, modeling and simulation platform that enables users to analyze data, create algorithms, build models and run deployed models.

ExcelAnalyzer is for all people who build and use spreadsheets and want to be absolutely sure that their calculations are Error-Free (financial analysts, actuaries, accountants, engineers etc)

User reviews
pros & cons
1 / 4
View Reviews
1 / 4
View Reviews
Video reviews
video-a929d621-18d4-422c-5360-08dc963c213d
Joshua O
Infrastructure Engineer
5.0

Joshua: My name is Joshua, and I work with [inaudible 00:00:03]. I'm rating Matlab five out of five. I started using Matlab where we needed to create some statistical models. So, I would recommend you to use Matlab if you ever have any statistical model you want to do, and it's pretty much easier to deploy and to use. My best part of Matlab, its deployment on virtualization. So, you could have your Matlab server deploy in Agile, deploy in AWS, or any other cloud service, and you can have your VDIs, which means you can have your Matlab being replicated on all your virtualizations with one single license, which makes it a lot of sense. Yeah. One of the bottlenecks around Matlab is when you try to renew your license, it could take you forever, because every installation for every update is always different. So, you might need to contact Matlab customer care to help you, guide you in renewing your license and uploading and installing the new license, because it's obviously so different. That is the only problem, the only issue I have with Matlab.

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5 screenshots

MATLAB

Top Features
10/50
  • Access Controls/Permissions
  • Activity Dashboard
  • Ad hoc Analysis
  • Agent-Based Modeling
  • API
  • Change Management
  • Compliance Management
  • Configurable Workflow
  • Content Library
  • Continuous Modeling
  • Customizable Reports
  • Customization
  • Data Import/Export
  • Data Verification
  • Direct Manipulation
  • Discrete Event Modeling
  • Drag & Drop
  • Dynamic Modeling
  • File Management
  • Graphical Workflow Editor
  • Industry Specific Database
  • Monte Carlo Simulation
  • Motion Modeling
  • Performance Management
  • Policy Management
  • Predictive Analytics
  • Process Control
  • Product Data Management
  • Projections
  • Project Workflow
  • Real-Time Data
  • Real-Time Monitoring
  • Rules-Based Workflow
  • Scenario Planning
  • Stochastic Modeling
  • Third-Party Integrations
  • Turbulence Modeling
  • Version Control
  • Visual Analytics
  • Workflow Management
  • 3D Imaging
  • Data Visualization
  • Design Analysis
  • Design Management
  • Document Management
  • Graphical Data Presentation
  • Mathematical Modeling
  • Presentation Tools
  • Reporting/Analytics
  • Reporting & Statistics
See All features
Hide Simulation Software Features -

Excel Analyzer

1/50
Show Simulation Software Features +

MATLAB

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Excel Analyzer

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MATLAB
Deployment
  • Cloud, SaaS, Web-Based
  • Desktop - Mac
  • Desktop - Windows
  • Desktop - Linux
  • Desktop - Chromebook
  • On-Premise - Windows
  • On-Premise - Linux
  • Mobile - Android
  • Mobile - iPhone
  • Mobile - iPad
Support
  • Email/Help Desk
  • FAQs/Forum
  • Knowledge Base
  • Phone Support
  • 24/7 (Live rep)
  • Chat
Training
  • In Person
  • Live Online
  • Webinars
  • Documentation
  • Videos
Excel Analyzer
Deployment
  • Cloud, SaaS, Web-Based
  • Desktop - Mac
  • Desktop - Windows
  • Desktop - Linux
  • Desktop - Chromebook
  • On-Premise - Windows
  • On-Premise - Linux
  • Mobile - Android
  • Mobile - iPhone
  • Mobile - iPad
Support
  • Email/Help Desk
  • FAQs/Forum
  • Knowledge Base
  • Phone Support
  • 24/7 (Live rep)
  • Chat
Training
  • In Person
  • Live Online
  • Webinars
  • Documentation
  • Videos
MATLAB
  • By The MathWorks
  • Located in United States
Excel Analyzer
  • By Spreadsheetsoftware
  • Located in Netherlands
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