MATLAB is a multi-paradigm numerical computing environment for processing mathematical information. It is a closed-source software that facilitates matrix functions, algorithmic implementation and statistical modeling of data. MATLAB is most widely used in several scientific disciplines.
In Data Science, MATLAB is used for simulating neural networks and fuzzy logic. Using the MATLAB graphics library, you can create powerful visualizations. MATLAB is also used in image and signal processing.
This makes it a very versatile tool for Data Scientists as they can tackle all the problems, from data cleaning and analysis to more advanced Deep Learning algorithms.
Furthermore, MATLAB’s easy integration for enterprise applications and embedded systems make it an ideal Data Science tool.
It also helps in automating various tasks ranging from the extraction of data to re-use of scripts for decision making. However, it suffers from the limitation of being a closed-source proprietary software.