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!
In my humble opinion, if you are working on something related to Statistics, RStudio is your go-to tool. But if you are looking for something in Machine Learning, look out for Python. The beauty is that there are packages now by which you can write Python/SQL in R. Cross-platform functionality like such makes RStudio way ahead of its competition. A couple of chinks in RStudio armor are very small and can be considered as nagging just for the sake of argument. Other than completely based on programming language, I couldn't find significant drawbacks to using RStudio. It is one of the best free software available in the market at present.
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.
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.
Ability to scale across the company is limited based on the users license, cannot share a dashboard to the general view of the company.
Ability to retain session - not simple method to customize view per user (e.g., once session is ended, the users will return next time to the baseline view).
Ability to enable communication between multiple users - leave notes, tag other users, or share specific view.
There is no other platform that meets our needs. Even if it was terrible we would still use it but fortunately for us it is a very solid project with a great support team. I hope in the future to expand our use and get more licences as well as upgrade to RStudio workbench but for now we are very happy.
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.
For someone who learns how to use the software and picks up on the "language" of R, it's very easy to use. For beginners, it can be hard and might require a course, as well as the appropriate statistical training to understand what packages to use and when
RStudio is very available and cheap to use. It needs to be updated every once in a while, but the updates tend to be quick and they do not hinder my ability to make progress. I have not experienced any RStudio outages, and I have used the application quite a bit for a variety of statistical analyses
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.
Since R is trendy among statisticians, you can find lots of help from the data science/ stats communities. If you need help with anything related to RStudio or R, google it or search on StackOverflow, you might easily find the solution that you are looking for.
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.
RStudio was provided as the most customizable. It was also strictly the most feature-rich as far as enabling our organization to script, run, and make use of R open-source packages in our data analysis workstreams. It also provided some support for python, which was useful when we had R heavy code with some python threaded in. Overall we picked Rstudio for the features it provided for our data analysis needs and the ability to interface with our existing resources.
I think that RStudio scales pretty well based on the size of the datasets I'm using. It has multithreading capabilities unlike some other statistical analysis programs which is very useful in cutting down on time. The format of RStudio's syntax also makes it very easy to replicate regardless off the scale of the analysis and data set
Using it for data science in a very big and old company, the most positive impact, from my point of view, has been the ability of spreading data culture across the group. Shortening the path from data to value.
Still it's hard to quantify economic benefits, we are struggling and it's a great point of attention, since splitting out the contribution of the single aspects of a project (and getting the RStudio pie) is complicated.
What is sure is that, in the long run, RStudio is boosting productivity and making the process in which is embedded more efficient (cost reduction).
