M

Mathworks

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Company Research Report: MathWorks



Company Overview



Name:


MathWorks

Mission of the Company:


Our purpose is to change the world by accelerating the pace of discovery, innovation, development, and learning in engineering and science.

When Was the Company Founded and By Whom:


MathWorks was founded in 1984 by Jack Little and Cleve Moler.

Key People in the Company:


  • Jack Little, CEO

  • Cleve Moler, Co-Founder

  • Jeanne O’Keefe, CFO and Senior Vice President


Where is the Company Headquartered:


Natick, Massachusetts, USA

Number of Employees:


6,500+

Revenue of the Company:


No information is available.

What is the Company Known For:


MathWorks is the leading developer of mathematical computing software for engineers and scientists. It is primarily known for its two flagship products:
  • MATLAB: A high-level language and interactive environment for numerical computation, visualization, and programming.

  • Simulink: A block diagram environment for multidomain simulation and Model-Based Design.



Products



MATLAB


Description:


MATLAB is a programming and numeric computing platform used by engineers and scientists to analyze data, develop algorithms, and create models. It combines a desktop environment tuned for iterative analysis and design processes with a programming language that expresses matrix and array mathematics directly.

Key Features:


  • Data analysis and visualization

  • Advanced programming and application deployment

  • Integration with other languages (Python, C/C++, Fortran, Java)

  • Parallel computing on clusters, GPUs, and clouds


Simulink


Description:


Simulink is a block diagram environment for Model-Based Design of multidomain and embedded engineering systems. It allows engineers to design, simulate, and test systems before moving to hardware.

Key Features:


  • Real-time simulation and testing

  • Automatic code generation for embedded systems

  • Component reuse and maintainability

  • System-level design and verification


Additional Toolboxes and Products:


  • AI and Data Science:

  • Deep Learning Toolbox

  • Statistics and Machine Learning Toolbox

  • Text Analytics Toolbox

  • Control Systems:

  • Control System Toolbox

  • System Identification Toolbox

  • Model Predictive Control Toolbox

  • Signal Processing and Communications:

  • Signal Processing Toolbox

  • DSP System Toolbox

  • Audio Toolbox

  • 5G Toolbox

  • Image Processing and Computer Vision:

  • Image Processing Toolbox

  • Computer Vision Toolbox

  • Lidar Toolbox


Recent Developments



What Are the Recent Developments in the Company:


MathWorks is continuously updating its products to address new technological trends and customer needs. Recent developments include:
  • The latest release of MATLAB and Simulink (R2024b) includes updates in various toolboxes, enhancing capabilities in areas such as 6G communication, DSP algorithms design, and nonlinear control techniques.


What Are the New Products Launched:


The company regularly introduces new toolboxes and features in the MATLAB and Simulink ecosystems, but the data provided does not specify any particular new products.

What Are the New Features Added to the Existing Products:


  • MATLAB R2024b:

  • Customized fonts in Live Editor

  • Enhanced support for reading online data

  • New graphics functions like violin plots and compass plots

  • Improved task automation for build processes


  • Simulink R2024b:

  • Runtime variants for changing subsystem choices during simulation or code generation

  • Faster simulation data inspector with smaller file sizes

  • Updated Simulink Editor for better usability


  • 5G Toolbox:

  • Exploration of candidate 6G waveforms

  • Wireless Waveform Analyzer app for signal quality assessments


Any New Partnerships:


  • Partnered with Mass Audubon through the MathWorks Foundation, donating $2.5 million for conservation and restoration in Massachusetts.

  • Engaged in climate-related research funding and supported climate technology startups through strategic partnerships.


Reporting Frameworks



Decarbonizing MathWorks:


MathWorks has committed to environmental sustainability through initiatives focusing on operations, renewable energy, and carbon removal projects. Highlights include:
  • Offsetting 100% of emissions from Scope 1 and Scope 2, and part of Scope 3.

  • Investment in virtual power purchase agreements generating substantial renewable energy.

  • Energy usage optimization at company campuses contributing to significant sustainability improvements.


Social Mission:


MathWorks is actively engaged in supporting STEM education, encouraging staff volunteerism, building environmental sustainability, and aiding global relief efforts.


References:


  • MathWorks, Inc. official website and available resources.




This professional report synthesizes the detailed data available for the company MathWorks while aligning with the formal structure required for market research analysis.