EViews
EViews provides sophisticated data analysis, regression, and forecasting tools within an object-oriented interface designed for economists, financial analysts, and researchers needing professional statistical modeling capabilities.
JMP
JMP is a powerful statistical discovery software providing interactive data visualization and deep analytical capabilities to help scientists and engineers explore data, uncover patterns, and solve complex research problems.
Quick Comparison
| Feature | EViews | JMP |
|---|---|---|
| Website | eviews.com | jmp.com |
| Pricing Model | One_time | Subscription |
| Starting Price | $99/month | $142.5/month |
| FREE Trial | ✓ 30 days free trial | ✓ 30 days free trial |
| Free Plan | ✘ No free plan | ✘ No free plan |
| Product Demo | ✓ Request demo here | ✓ Request demo here |
| Deployment | ||
| Integrations | ||
| Target Users | ||
| Target Industries | ||
| Customer Count | 0 | 0 |
| Founded Year | 1994 | 1989 |
| Headquarters | Irvine, USA | Cary, USA |
Overview
EViews
EViews offers a powerful interface for econometric analysis, forecasting, and simulation. You can manage your data, perform statistical analysis, and generate professional-quality graphs and tables within a single, integrated environment. The software is designed around an object-oriented concept, meaning you can work with data series, equations, and models as distinct entities that update automatically when your underlying data changes.
You can handle complex time-series data, panel data, and cross-sectional data with ease. Whether you are a student, an academic researcher, or a professional in the financial sector, you can use its specialized tools to build sophisticated models without needing to write extensive code. It bridges the gap between spreadsheet-like ease of use and the power of traditional programming languages.
JMP
JMP helps you explore data visually and interactively, moving beyond static graphs to dynamic discovery. Whether you are an engineer optimizing a manufacturing process or a scientist designing clinical trials, you can use its point-and-click interface to uncover hidden trends without writing complex code. You can easily import data from various sources, perform sophisticated regressions, and build predictive models that drive better decision-making across your organization.
The software focuses on the 'discovery' aspect of data science, allowing you to see your data from every angle through linked windows and real-time filtering. It scales from individual researchers to global R&D teams, providing a robust environment for everything from basic descriptive statistics to advanced design of experiments (DOE). By using JMP, you reduce the time spent on data preparation and move faster toward actionable insights.
Overview
EViews Features
- Object-Oriented Interface Manage your data as dynamic objects that automatically update your results and graphs whenever you change the source information.
- Advanced Time-Series Tools Estimate complex models including ARIMA, GARCH, and VAR to identify trends and volatility in your financial or economic data.
- Automated Forecasting Generate reliable forecasts using built-in procedures that select the best models for your specific data patterns automatically.
- Professional Graphing Create presentation-quality charts and tables with deep customization options to visualize your findings for reports or publications.
- Panel Data Analysis Analyze datasets that combine cross-sections and time periods using specialized estimators for fixed and random effects.
- External Data Linking Connect directly to external databases like Bloomberg, FRED, or Excel to keep your analysis synced with live market data.
JMP Features
- Interactive Data Visualization. Click on a data point in one graph to see it instantly highlighted across all other open windows and reports.
- Design of Experiments (DOE). Build custom experimental designs that solve real-world problems while minimizing the number of expensive runs you need to perform.
- Predictive Modeling. Create and validate predictive models using automated techniques like neural networks, decision trees, and bootstrap forest methods.
- Automated Data Cleaning. Identify outliers, fix entry errors, and recode data quickly so you spend more time analyzing and less time scrubbing.
- Quality and Process Control. Monitor your manufacturing processes with control charts and capability analysis to ensure your products meet strict specifications.
- JMP Scripting Language (JSL). Automate repetitive tasks and create custom analytical applications to share standardized workflows with your entire team.
Pricing Comparison
EViews Pricing
- Discounted for students and faculty
- Full econometrics toolset
- Standard data handling limits
- Available for Windows and Mac
- Valid for one year
- Perpetual ownership license
- Full statistical and graphing suite
- Unlimited data series capacity
- Access to EViews programming language
- Standard technical support
JMP Pricing
- Full statistical capabilities
- Interactive data visualization
- Design of Experiments (DOE)
- Technical support access
- Annual software updates
- Windows and Mac compatibility
- Everything in JMP, plus:
- Advanced predictive modeling
- Cross-validation techniques
- Text exploration and analysis
- Reliability block diagrams
- Mixed models and uplift modeling
Pros & Cons
EViews
Pros
- Intuitive interface for those moving from Excel
- Industry standard for time-series and econometric modeling
- Excellent documentation and active community support forums
- Fast processing of large statistical datasets
- High-quality output for academic journal submissions
Cons
- Steep price point for individual commercial users
- Mac version can feel less native than Windows
- Limited machine learning capabilities compared to R
JMP
Pros
- Dynamic linking between graphs makes data exploration intuitive
- Industry-leading tools for complex Design of Experiments
- Excellent documentation and active user community support
- Powerful scripting language for automating complex workflows
Cons
- High annual subscription cost for individual users
- Steep learning curve for advanced statistical modules
- Interface can feel cluttered with many open windows