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R

R vs MATLAB

Do you know how much data is created in the world every day? Research by Forbes indicates that there are 2.5 quintillion bytes of data created each day. Over the last two years alone, 90 percent of the data in the world is user-generated and most of it is floating on the internet or on the cloud. To process and derive actionable insights from such humongous volumes of data to help in business decision making, it is imperative to use scientific methods, complex algorithms, and data analytics. The two important and powerful data modeling tools used by data scientists and statisticians are R and MATLAB. These two tools can process both structured and unstructured data.

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