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Evidently AI vs MathWorks Modelscape Monitor

Evidently AI

evidentlyai.com

MathWorks Modelscape Monitor

mathworks.com

Side by side

FigureEvidently AIMathWorks Modelscape Monitor
Price from$80/mo—
Free planYes—
Free trialYes—
Open sourceYes—
WebYesYes
WindowsYes—
macOSYes—
LinuxYes—
APIYesYes
Self-hostedYesYes
Plans published51
Spec score · Machine Learning Model Monitoring Software9.2 (#1)7.2 (#13)
PurposeEvidently evaluates, tests, and monitors LLMs, RAG applications, AI agents, and machine-learning models.Modelscape Monitor tracks financial model performance, health status, and associated automated actions from a centralized view.

Plans

Evidently AI

  • DeveloperFree
  • Open-sourceFree
  • Pro$80 a month
  • EnterprisePriced on request
  • StartupsPriced on request

Evidently AI pricing →

MathWorks Modelscape Monitor

  • Modelscape MonitorPriced on request

MathWorks Modelscape Monitor pricing →

In their own words

Evidently AI

Evidently AI evaluates, tests, and monitors LLMs, RAG applications, AI agents, and machine-learning models. Its open-source Python framework is licensed under Apache 2.0 and provides more than 100 evaluation metrics. Automated evaluations measure output quality, safety, and reliability, can run in pipelines, and produce visual reports. The platform includes tracing, storage for application data and evaluation runs, test-dataset management, and dashboards. Teams can generate realistic, edge-case, or adversarial inputs tailored to a use case. Live monitoring tracks quality checks and can surface drift, regressions, and emerging risks. Red-team testing targets jailbreaks, prompt injections, data leaks, harmful content, and prompt leakage. Predictive ML workflows include performance, drift, and data-quality metrics. Evidently Cloud can send alerts to Slack, Discord, and email. Open-source support is through Discord and documentation; Pro includes email support. The Developer plan is free and limited to 10,000 rows per month, 1GB of snapshots, 3 projects, and 2 seats. Pro costs $80 a month, with additional rows and storage charged separately.

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MathWorks Modelscape Monitor

MathWorks Modelscape Monitor gives financial-services professionals a centralized view of financial model use, performance and status across the model lifecycle. It can display metrics such as data drift and fairness, while users can define custom metrics and visualizations. Teams can build dashboards and deploy them automatically. When monitoring status changes, Modelscape can email model owners, and evaluations include diagnostic views. The documented drift example uses MATLAB’s detectdrift function. Modelscape supports models built in MATLAB, Python, R, SAS and other programming languages. Its API provides HTTP endpoints usable from JavaScript, Java, Python, C++ and other HTTP-supported languages. Organizations contact MathWorks Consulting Services for hosting, then can install the MATLAB support package through Add-On Explorer. Governance logs every user action for audit compliance. MathWorks positions it for regulation-compliant model risk management and names SS 1/23, SR 11-7, OSFI E-23 and ECB TRIM.

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