Are Matlab Compiler and Matlab Runtime the same?

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I want to turn my GUI program into a standalone .exe file. So I can provide it to my end users who have no any Matlab products in their computers.
I know that I need compiler to realise it. When I checked matlab website, I found another thing named Mmatlab Rruntime. The website said that Matlab Runtime is a shared library. Does it mean that I should install both Matlab Compiler and Matlab Runtime in my computer, then I can change my GUI program into .exe file? Another thing that I want to know is users' computers also need install Matlab Runtime software if they run .exe file in their computers.
By the way, I have no compilers installed in my compiler such as visual c/c++ and Microsoft Software Development Kit (SDK). Should I need these softwares when runing Matlab compiler.
Can anyone provide a list which explains which softwares are needed in my computer and which softwares are needed in end users' computers?
Thank you

Accepted Answer

the cyclist
the cyclist on 27 Sep 2015
Edited: the cyclist on 27 Sep 2015
The person who owns MATLAB (you), creates a program and deploys an executable file with MATLAB Compiler.
The person who does not own MATLAB uses MATLAB Runtime to run that executable.
  2 Comments
Image Analyst
Image Analyst on 27 Sep 2015
Just to add...you can also install the MCR runtime library if you want to test the executable you made on your own computer.
I think, but am not sure, that if you don't have a compiler such as Microsoft Visual Studio, that there is a built-in one that comes with the Compiler toolbox that you can use.
Amend
Amend on 27 Sep 2015
Thank you very much.
You mean that no computer cannot run .exe file if Matlab Runtime is not installled (end user side).

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