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EViews VS Apache Kafka

Compare EViews VS Apache Kafka and see what are their differences

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EViews logo EViews

EViews (Econometric Views) is a statistical package for Windows, used mainly for time-series...

Apache Kafka logo Apache Kafka

Apache Kafka is an open-source message broker project developed by the Apache Software Foundation written in Scala.
  • EViews Landing page
    Landing page //
    2023-08-17
  • Apache Kafka Landing page
    Landing page //
    2022-10-01

EViews features and specs

  • User-Friendly Interface
    EViews offers an intuitive and user-friendly interface, making it accessible for both beginners and experienced users to perform complex econometric analyses without extensive programming knowledge.
  • Powerful Econometric Tools
    EViews provides a wide range of powerful econometric tools, allowing users to conduct in-depth statistical analyses, model estimation, hypothesis testing, and forecasting with ease and precision.
  • Comprehensive Data Handling
    EViews supports various data formats and allows for efficient data management, manipulation, and visualization, which facilitates the analysis of large datasets.
  • Integration Capabilities
    EViews can integrate with other software and programming languages, such as Excel and MATLAB, enhancing its functionality and allowing for more versatile data analysis workflows.
  • Extensive Documentation and Support
    EViews is accompanied by extensive documentation and support resources, including manuals, online forums, and customer service, helping users troubleshoot issues and learn effectively.

Possible disadvantages of EViews

  • Cost
    EViews can be expensive, especially for individual users or small organizations, limiting its accessibility for those with budget constraints.
  • Steep Learning Curve
    For users without a background in econometrics or statistics, EViews can have a steep learning curve, requiring time and effort to fully leverage its capabilities.
  • Limited Programming Flexibility
    Although EViews offers some scripting capabilities, it may lack the programming flexibility found in more general-purpose statistical software like R or Python, potentially hindering custom advanced analyses.
  • Platform Dependency
    As a Windows-centric application, EViews may not provide the same level of performance or compatibility on non-Windows operating systems, leading to potential limitations for users on different platforms.
  • Graphical Capabilities
    While EViews offers basic graphical functionalities, it might not be as advanced or customizable as specialized software dedicated to data visualization.

Apache Kafka features and specs

  • High Throughput
    Kafka is capable of handling thousands of messages per second due to its distributed architecture, making it suitable for applications that require high throughput.
  • Scalability
    Kafka can easily scale horizontally by adding more brokers to a cluster, making it highly scalable to serve increased loads.
  • Fault Tolerance
    Kafka has built-in replication, ensuring that data is replicated across multiple brokers, providing fault tolerance and high availability.
  • Durability
    Kafka ensures data durability by writing data to disk, which can be replicated to other nodes, ensuring data is not lost even if a broker fails.
  • Real-time Processing
    Kafka supports real-time data streaming, enabling applications to process and react to data as it arrives.
  • Decoupling of Systems
    Kafka acts as a buffer and decouples the production and consumption of messages, allowing independent scaling and management of producers and consumers.
  • Wide Ecosystem
    The Kafka ecosystem includes various tools and connectors such as Kafka Streams, Kafka Connect, and KSQL, which enrich the functionality of Kafka.
  • Strong Community Support
    Kafka has strong community support and extensive documentation, making it easier for developers to find help and resources.

Possible disadvantages of Apache Kafka

  • Complex Setup and Management
    Kafka's distributed nature can make initial setup and ongoing management complex, requiring expert knowledge and significant administrative effort.
  • Operational Overhead
    Running Kafka clusters involves additional operational overhead, including hardware provisioning, monitoring, tuning, and scaling.
  • Latency Sensitivity
    Despite its high throughput, Kafka may experience increased latency in certain scenarios, especially when configured for high durability and consistency.
  • Learning Curve
    The concepts and architecture of Kafka can be difficult for new users to grasp, leading to a steep learning curve.
  • Hardware Intensive
    Kafka's performance characteristics often require dedicated and powerful hardware, which can be costly to procure and maintain.
  • Dependency Management
    Managing Kafka's dependencies and ensuring compatibility between versions of Kafka, Zookeeper, and other ecosystem tools can be challenging.
  • Limited Support for Small Messages
    Kafka is optimized for large throughput and can be inefficient for applications that require handling a lot of small messages, where overhead can become significant.
  • Operational Complexity for Small Teams
    Smaller teams might find the operational complexity and maintenance burden of Kafka difficult to manage without a dedicated operations or DevOps team.

EViews videos

+ Add

Pooled Mean Group Estimation in EViews

More videos:

  • Review - EViews 10 SVARS
  • Tutorial - How to Run a Regression Using EViews (EViews 8.1)

Apache Kafka videos

+ Add

Apache Kafka Tutorial | What is Apache Kafka? | Kafka Tutorial for Beginners | Edureka

More videos:

  • Review - Apache Kafka - Getting Started - Kafka Multi-node Cluster - Review Properties
  • Review - 4. Apache Kafka Fundamentals | Confluent Fundamentals for Apache Kafka®
  • Review - Apache Kafka in 6 minutes
  • Review - Apache Kafka Explained (Comprehensive Overview)
  • Review - 2. Motivations and Customer Use Cases | Apache Kafka Fundamentals

Category Popularity

0-100% (relative to EViews and Apache Kafka)

EViews

Apache Kafka

Technical Computing
100 100%
Technical Computing
0% 0
Stream Processing
0 0%
Stream Processing
100% 100
Data Dashboard
100 100%
Data Dashboard
0% 0
Data Integration
0 0%
Data Integration
100% 100

User comments

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Reviews

These are some of the external sources and on-site user reviews we've used to compare EViews and Apache Kafka

EViews Reviews

25 Best Statistical Analysis Software
Extensive documentation and support: EViews provides detailed documentation, tutorials, and user support to help users get the most out of the software.
Source: www.scijournal.org
9 Best Analysis Software for PC 2023
The software does not have to complicate GUI and syntax. The Eviews integrates with other Microsoft applications on your device. Also, it supports the standard windows shortcuts like copy and paste.
Source: pdf.wps.com

Apache Kafka Reviews

Best ETL Tools: A Curated List
Debezium is an open-source Change Data Capture (CDC) tool that originated from RedHat. It leverages Apache Kafka and Kafka Connect to enable real-time data replication from databases. Debezium was partly inspired by Martin Kleppmann’s "Turning the Database Inside Out" concept, which emphasized the power of the CDC for modern data pipelines.
Source: estuary.dev
Best message queue for cloud-native apps
If you take the time to sort out the history of message queues, you will find a very interesting phenomenon. Most of the currently popular message queues were born around 2010. For example, Apache Kafka was born at LinkedIn in 2010, Derek Collison developed Nats in 2010, and Apache Pulsar was born at Yahoo in 2012. What is the reason for this?
Source: docs.vanus.ai
Are Free, Open-Source Message Queues Right For You?
Apache Kafka is a highly scalable and robust messaging queue system designed by LinkedIn and donated to the Apache Software Foundation. It's ideal for real-time data streaming and processing, providing high throughput for publishing and subscribing to records or messages. Kafka is typically used in scenarios that require real-time analytics and monitoring, IoT applications,...
Source: blog.iron.io
10 Best Open Source ETL Tools for Data Integration
It is difficult to anticipate the exact demand for open-source tools in 2023 because it depends on various factors and emerging trends. However, open-source solutions such as Kubernetes for container orchestration, TensorFlow for machine learning, Apache Kafka for real-time data streaming, and Prometheus for monitoring and observability are expected to grow in prominence in...
Source: testsigma.com
11 Best FREE Open-Source ETL Tools in 2024
Apache Kafka is an Open-Source Data Streaming Tool written in Scala and Java. It publishes and subscribes to a stream of records in a fault-tolerant manner and provides a unified, high-throughput, and low-latency platform to manage data.
Source: hevodata.com

Social recommendations and mentions

Based on our record, Apache Kafka seems to be more popular. It has been mentiond 142 times since March 2021. We are tracking product recommendations and mentions on various public social media platforms and blogs. They can help you identify which product is more popular and what people think of it.

EViews mentions (0)

We have not tracked any mentions of EViews yet. Tracking of EViews recommendations started around Mar 2021.

Apache Kafka mentions (142)

View more

What are some alternatives?

When comparing EViews and Apache Kafka, you can also consider the following products

Base SAS - Base SAS Software is an easy-to-learn fourth-generation programming language for data access, transformation and reporting.

RabbitMQ - RabbitMQ is an open source message broker software.

IBM SPSS Statistics - IBM SPSS Statistics is software that provides detailed analysis of statistical data. The company behind the product practically needs no introduction, as it's been a staple of the technology industry for over 100 years.

Apache ActiveMQ - Apache ActiveMQ is an open source messaging and integration patterns server.

Stata - Stata is a software that combines hundreds of different statistical tools into one user interface. Everything from data management to statistical analysis to publication-quality graphics is supported by Stata. Read more about Stata.

StatCounter - StatCounter is a simple but powerful real-time web analytics service that helps you track, analyse and understand your visitors so you can make good decisions to become more successful online.

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