MATLAB vs QlikView

MATLAB is a computing and programming tool that combines the power of functions and algorithms with data integration, modeling and visualization for predictive business data analysis. Users perform complex computations on data sets that the platform ingests from a multitude of data sources to glean business-specific metrics. Citing online communities, all users who reviewed support said that the tool is accessible to beginners, while providing enough depth for advanced users, though some said that the coding syntax could be daunting for non-technical users initially. Around 92% of users who reviewed its analytical capabilities said that the platform provides a wide range of built-in packages to provide out-of-the-box data analysis solutions. With its minimal scripting, many users who discussed data processing said that they could simulate complex mathematical functions to visualize complex data models. Reviewing its functionality, many users said that its rich library and design makes it possible to write powerful programs easily. A majority of users who discussed its performance said that the platform consumes a lot of power and space and slows down when performing complex computations, possibly because updates, though frequent, do not include optimization for older features. Many users who reviewed the cost said that individual user licenses are expensive, and buying additional libraries adds to the cost since many of these have interlinking dependencies, though some users said that the platform provides value for money. In summary, MATLAB is a programming solution that leverages machine learning for data collection and complex computations for users to create data models and visualize enterprise metrics for predictive analysis.

QlikView is one of the foremost BI solutions in the market today, mainly due to the power of its associative query engine to link data from multiple sources that drives its visually impressive dashboards. With its strong data visualization capabilities, users can perform search and filter through data on-the-fly and conduct deep-dives to glean insights that matter to them. With a fast setup, users can have their first data model up and running in very little time. The software resides in-memory and houses data in RAM for quicker retrieval. With multi-tier access permissions for in-organization users, it enables users to view executive summaries at a glance, while allowing them to drill-down into data to find out more. Sadly, Qlik is now scaling back on improvements and updates for QlikView and focusing on promoting QlikSense instead, a possible reason why its filter and search functions, ad-hoc reporting and graphics are lagging in terms of quality, as mentioned in many user reviews. Also, this platform can prove to be resource-heavy for databases housed on local machines, especially when performing batch update jobs. In addition to inflexible pricing plans and the cost of licensing, quite a few necessary add-ons are paid. In summary, QlikView is one of the leading in-memory BI tools available in the market today and rates excellently with users in terms of data aggregation and visualization capabilities; however, buyers should factor in its pricing plans and other limitations when searching for the perfect BI solution for their enterprise.