If you've ever worked with computational mathematics, simulations or engineering, you've probably come across the name MATLAB. Developed by The MathWorks, this software has been an essential tool in the academic, research and industrial world since 1984. Today, in 2026, MATLAB remains the standard in many sectors — but it's also tech debt for many companies that didn't choose it deliberately.

What MATLAB is and why it's so popular

MATLAB (MATrix LABoratory) is a high-level technical computing platform designed for numerical computation, data analysis, algorithm development and simulation. It uses an interactive workspace and supports a wide variety of mathematical functions, making it ideal for solving complex problems in scientific and engineering domains.

Why MATLAB still dominates engineering

30 years after launch, MATLAB remains the choice of engineers in industries like aerospace, automotive and biomedical. The reasons:

It's not glamorous. It's industrial.

Key features

Use cases

Scientific and engineering research

MATLAB is widely used in research to simulate physical, biological or chemical systems, solve differential equations and model complex phenomena. Researchers in physics, mathematics, biology and engineering use MATLAB to develop simulation models and analyze experimental data.

Signal and image processing

In communications, biomedical research and computer vision, MATLAB is essential for processing signals (audio, biomedical signals, communication signals) and analyzing images. Its specialized toolboxes facilitate development of efficient algorithms.

Machine learning and artificial intelligence

With the rise of AI, MATLAB has incorporated tools to facilitate creation and training of machine learning and deep learning models. Used in everything from training neural networks to time-series analysis and natural language processing.

Financial analysis

The finance industry uses MATLAB for risk analysis, financial market simulations, optimization of investment strategies and predictive modeling.

Control of dynamic systems

MATLAB and Simulink are widely used to design and simulate control systems in industrial environments. Engineers use these tools to develop controllers for robotic systems, automobiles, aircraft and electronic equipment.

Education

MATLAB is one of the most widely used tools in universities around the world. From signal processing courses to differential equations, MATLAB has become a standard tool to teach mathematics and engineering.

Advantages

When MATLAB defends your valuation

When MATLAB is tech debt

How to evaluate before you sell

The question isn't "MATLAB vs Python" in abstract. It's: how does a buyer who pays for your operation see your MATLAB dependency?

If your operation is technically dependent on MATLAB, the decision isn't to migrate now. It's to document the dependency, quantify costs, and have a serious answer when the buyer asks. Showing up with a clear migration roadmap (even if you never execute it) makes the difference between an acceptance and a discount.

Limitations

Conclusion

MATLAB has earned its place as one of the most essential and versatile tools for engineers, scientists and researchers worldwide. Its ability to handle complex problems efficiently, along with the wide range of specialized toolboxes, makes it ideal in sectors like research, engineering, finance and education. In 2026, the question for a serious mid-market founder isn't whether MATLAB is good — it's whether your dependency on it adds value or destroys value for the next conversation about valuation.

FAQ

What's the cost of an enterprise MATLAB license?
Depending on toolboxes, between €2,000 and €30,000 per seat per year. Real cost in a 10-person engineering team can exceed €100,000/year.

Is it worth migrating MATLAB code to Python?
Depends. Migration cost is typically €50-200k per significant project. Only justifies it if license + hiring savings recover that in 2-3 years.

What does the buyer ask about MATLAB during due diligence?
License coverage, key personnel dependency, viability of migration if necessary, and whether you have a documented contingency plan.


What this means for your company

In every deal we close, serious buyers measure your tech adoption with the same yardstick as your financial reporting. If your company has incorporated the practices in this article, you defend valuation. If not, they discount the offer.

If what you've read sounds like your company, the 15-minute strategic call is free and no pitch. If you don't fit our profile, we tell you.