It&#x27;s still faster than the alternatives. Things like Scipy&#x2F;Numpy are more alternatives to Matlab as is R. Julia isn&#x27;t fast enough yet. C&#x2F;C++ doesn&#x27;t have the built-in matrix&#x2F;vector support. The latter is what I ran into when I was coding for my Master&#x27;s thesis, so I just gave up and went with Fortran. For my PhD, I used Matlab as the speed wasn&#x27;t an issue.<p>There&#x27;s also issues with wanting to use the old Fortran code in new projects and if the new alternatives don&#x27;t have a good interface for Fortran, it&#x27;s a bit of a pain to integrate.