MATLAB Version and License Type: Individual or Team, Opt for the Best Solution

# 1. Overview of MATLAB Versions

MATLAB is a powerful technical computing software developed by MathWorks. It offers an interactive environment for data analysis, modeling, and visualization. MATLAB comes in various versions, each designed to cater to specific user needs and budgets.

The main versions of MATLAB include:

- **MATLAB Student:** Designed for students and educators, it offers a limited set of features but is affordably priced.
- **MATLAB Home:** Intended for individual users, it provides basic MATLAB functionality suitable for personal projects and non-commercial use.
- **MATLAB Professional:** Designed for professional engineers and scientists, it offers comprehensive MATLAB features, including advanced toolboxes and simulation capabilities.
- **MATLAB Enterprise:** Suited for large organizations and enterprises, it provides advanced features such as parallel computing, cloud integration, and technical support.

# 2. Types of MATLAB Licenses

MATLAB licenses are categorized into individual, team, and cloud licenses, each tailored to meet different user needs and usage scenarios.

### 2.1 Individual License

The individual license is suitable for personal users, including students, researchers, and independent developers. This type of license allows MATLAB to be installed and used on a single computer.

**Advantages:**

- Affordable pricing, ideal for individuals with limited budgets.
- Unlimited use of MATLAB on a personal computer.
- Full access to all MATLAB features and toolboxes.

**Disadvantages:**

- Limited to a single user.
- No technical support provided.
- Cannot be used simultaneously on multiple computers.

### 2.2 Team License

The team license is appropriate for teams or organizations that need to use MATLAB on multiple computers. This license permits the installation and use of MATLAB on a specified number of computers.

**Advantages:**

- Allows multiple users to use MATLAB simultaneously.
- Provides technical support to ensure efficient use of MATLAB by team members.
- Offers flexible licensing options that can be customized according to team size and needs.

**Disadvantages:**

- More expensive than individual licenses.
- Limited number of licenses that need to be purchased based on team size.
- Cannot be used on computers outside of the team license.

### 2.3 Cloud License

The cloud license is suitable for users who wish to use MATLAB on cloud platforms. This type of license allows on-demand use of MATLAB on cloud servers, eliminating the need for local license installation and management.

**Advantages:**

- Usage on-demand without the need for pre-purchasing licenses.
- Access to MATLAB on any supported cloud platform.
- Scalable according to usage needs, with the ability to adjust usage volume as required.

**Disadvantages:**

- Usage costs may be higher than individual or team licenses.
- Reliant on an internet connection, which could be affected by network issues.
- Cannot be used on local computers.

**Code Block:**

% Retrieve MATLAB license information
licenseInfo = license('inuse');

% Che