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SmartPLS 2.0.M3 vs. SmartPLS 3

Some good reasons why it`s time to change

SmartPLS 2.0.M3SmartPLS 3
SupportNo support offeredOnline support available
Latest release date20052018
MaintenanceNot maintained since 2005Continuous development & updates
Supported Java RuntimeJava 1.6Java 8++
Runs on Windows
Runs on Mac OSX
Customizable style of path model (e.g. colors)
Copy & paste models and projects
Sample models included
Descriptive statistics and data view
Missing value treatment options
Partial least squares algorithm
Consistent partial least squares algorithm
OLS regression based on sumscores
Bootstrapping
Advanced bootstrapping options
Blindfolding
Discriminant validity assessment
Importance-performance matrix analysis (IPMA)
Mediation
Moderation
Multi-group analysis (MGA)
Permutation
Measurement Invariance
Second-order models
Nonlinear relationships (e.g. quadratic effect)
Confirmatory tetrad analysis (CTA)
Model fit
PLS Predict
Prediction-oriented model selection
Finite mixture (FIMIX) segmentation
Prediction-oriented segmentation (POS)
Weighted data
Export of results reportsHTMLExcel, R, HTML
PriceFreeFree student and flexibly priced professional version