MathWorks Matlab Pricing and License Cost

Specialist for Digitization and Industry 4.0 at a retailer with 10,001+ employees
The price is high and because of the policies in our company, we have some limitations. If you pay for the MATLAB license, it can be a hybrid model as a license that is not bound to a particular terminal. Also, you can choose to have the license bound to a particular computer. With the hybrid, you can transfer the license to another computer for the use in a presentation, for example, and then using self-service you can assign it back to your original hardware. You can move the license around to where it needs to be yet it remains one license. With the bound license, it is tied to a device. As far as the cost of our licensing plan, the cost really depends on how many libraries or items you are using. The whole license is, say, 20 thousand Euro one time plus some yearly maintenance fees. View full review »
Abayomi Alabi
Project Engineer at Federal-Mogul
We have a single user license. Support and add-ons are an extra fee. View full review »
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