Anaconda vs. KNIME Analytics Platform vs. MATLAB

I have asked all my juniors to work with Anaconda and Pycharm only, as this is the best combination for now. Coming to use cases: 1. When you have multiple applications using multiple Python variants, it is a really good tool instead of Venv (I never like it). 2. If you have to work on multiple tools and you are someone who needs to work on data analytics, development, and machine learning, this is good. 3. If you have to work with both R and Python, then also this is a good tool, and it provides support for both.

Incentivized

KNIME Analytics Platform is excellent for people who are finding Excel frustrating, this can be due to errors creeping in due to manual changes or simply that there are too many calculations which causes the system to slow down and crash. This is especially true for regular reporting where a KNIME Analytics Platform workflow can pull in the most recent data, process it and provide the necessary output in one click. I find KNIME Analytics Platform especially useful when talking with audiences who are intimidated by code. KNIME Analytics Platform allows us to discuss exactly how data is processed and an analysis takes place at an abstracted level where non-technical users are happy to think and communicate which is often essential when they are subject matter experts whom you need for guidance. For experienced programmers KNIME Analytics Platform is a double-edged sword. Often programmers wish to write their own code because they are more efficient working that way and are constrained by having to think and implement work in nodes. However, those constraints forcing development in a "KNIME way" are useful when working in teams and for maintenance compared to some programmers' idiosyncratic styles.

Incentivized

MATLAB really does best for solving computational problems in math and engineering. Especially when you have to use a lot of functions in your solving process, or if you have a nonlinear equation that must be iteratively solved. [MATLAB] can also perform things like integration and derivation on your equations that you put into it.

Incentivized

• Anaconda is a one-stop destination for important data science and programming tools such as Jupyter, Spider, R etc.
• Anaconda command prompt gave flexibility to use and install multiple libraries in Python easily.
• Jupyter Notebook, a famous Anaconda product is still one of the best and easy to use product for students like me out there who want to practice coding without spending too much money.

Incentivized

• Summarize instrument level financial data with relevant statistics
• Map transactions from core extracts to groups of like transactions using rule engines
• Machine learning using random forests and other techniques to analyze data and identify correlations for use in predictive models
• Fill out sampling data from averages.

• It has a very user friendly library which helps users learn this software fairly quickly in a short span of time.
• The graphical user interface provided by the software is really good.
• The code that a person writes allows options for debugging.
• One can visualize the flow of control of their code inside MATLAB.

Incentivized

• It can have a cloud interface to store the work.
• Compatible for large size files.
• I used R Studio for building Machine Learning models, Many times when I tried to run the entire code together the software would crash. It would lead to loss of data and changes I made.

Incentivized

• It does not have proper visualization.
• Some other BI tools (QlikView) have much easier functions for data interaction.
• Some other BI tools (Tableau) can be set up much faster.
• It is not an easy tool to use for non-tech savvy staff.

Incentivized

• MatLab is pricier than most of its competitors and because of this reason, many organizations are moving towards cheaper alternatives - mostly Python.
• MatLab is inefficient when it comes to performing a large number of iterations. It gets laggy and often crashes. Python is better in this regard.
• There is a limited number of hardware options (mostly NI) that can be connected directly to the data acquisition toolbox.

Incentivized

It's really good at data processing, but needs to grow more in publishing in a way that a non-programmer can interact with. It also introduces confusion for programmers that are familiar with normal Python processes which are slightly different in Anaconda such as virtualenvs.

Incentivized

We are happy with Knime product and their support. Knime AP is versatile product and even can execute Python scripts if needed. It also supports R execution as well; however, it is not being used at our end

I am giving this rating because I have been using this tool since 2017, and I was in college at that time. Initially, I hesitated to use it as I was not very aware of the workings of Python and how difficult it is to manage its dependency from project to project. Anaconda really helped me with that. The first machine-learning model that I deployed on the Live server was with Anaconda only. It was so managed that I only installed libraries from the requirement.txt file, and it started working. There was no need to manually install cuda or tensor flow as it was a very difficult job at that time. Graphical data modeling also provides tools for it, and they can be easily saved to the system and used anywhere.

Incentivized

KNIME Analytics Platform offers a great tradeoff between intuitiveness and simplicity of the user interface and almost limitless flexibility. There are tools that are even easier to adopt by someone new to analytics, but none that would provide the scalability of KNIME when the user skills and application complexity grows

Incentivized

MATLAB is pretty easy to use. You can extend its capabilities using the programming interface. Very flexible capabilities when it comes to graphical presentation of your data (so many different kinds of options for your plotting needs). Anytime you are working with large data sets, or with matrices, MATLAB is likely to be very helpful.

Incentivized

Anaconda provides fast support, and a large number of users moderate its online community. This enables any questions you may have to be answered in a timely fashion, regardless of the topic. The fact that it is based in a Python environment only adds to the size of the online community.

Incentivized

KNIME's HQ is in Europe, which makes it hard for US companies to get customer service in time and on time. Their customer service also takes on average 1 to 2 weeks to follow up with your request. KNIME's documentation is also helpful but it does not provide you all the answers you need some of the time.

Incentivized

The built-in search engine is not as performing as I wish it would be. However, the YouTube channel has a vast library of informative video that can help understanding the software. Also, many other software have a nice bridge into MATLAB, which makes it very versatile. Overall, the support for MATLAB is good.

Incentivized

KNIME Analytics Platform is easy to install on any Windows, Mac or Linux machine. The KNIME Server product that is currently being replaced by the KNIME Business Hub comes as multiple layers of software and it took us some time to set up the system right for stability. This was made harder by KNIME staff's deeper expertise in setting up the Server in Linux rather than Windows environment. The KNIME Business Hub promises to have a simpler architecture, although currently there is no visibility of a Windows version of the product.

Incentivized

I have experience using RStudio oustide of Anaconda. RStudio can be installed via anaconda, but I like to use RStudio separate from Anaconda when I am worin in R. I tend to use Anaconda for python and RStudio for working in R. Although installing libraries and packages can sometimes be tricky with both RStudio and Anaconda, I like installing R packages via RStudio. However, for anything python-related, Anaconda is my go to!

Incentivized

Having used both the Alteryx and [KNIME Analytics] I can definitely feel the ease of using the software of Alteryx. The [KNIME Analytics] on the other hand isn't that great but is 90% of what Alteryx can do along with how much ease it can do. Having said that, the 90% functionality and UI at no cost would be enough for me to quit using Alteryx and move towards [KNIME Analytics].

Incentivized

How MATLAB compares to its competition or similar open access tools like R (programming language) or SciLab is that it's simply more powerful and capable. It embraces a wider spectrum of possibilities for far more fields than any other environment. R, for example, is intended primarily for the area of statistical computing. SciLab, on the other hand, is a similar open access tool that falls very short in its computing capabilities. It's much slower when running larger scripts and isn't documented or supported nearly as well as MATLAB.

Incentivized

• It has helped our organization to work collectively faster by using Anaconda's collaborative capabilities and adding other collaboration tools over.
• By having an easy access and immediate use of libraries, developing times has decreased more than 20 %
• There's an enormous data scientist shortage. Since Anaconda is very easy to use, we have to be able to convert several professionals into the data scientist. This is especially true for an economist, and this my case. I convert myself to Data Scientist thanks to my econometrics knowledge applied with Anaconda.

Incentivized

• It is suited for data mining or machine learning work but If we're looking for advanced stat methods such as mixed effects linear/logistics models, that needs to be run through an R node.
• Thinking of our peers with an advanced visualization techniques requirement, it is a lagging product.

Incentivized

• MATLAB helps us quickly sort through large sets of data because we keep the same script each time we run an analyzation, making it very efficient to run this whole process.
• The software makes it super easy for us to create plots that we can then show to investors or clients to display our data.
• We are also looking to create an app for our product, and we will not be able to do that on MATLAB, therefore creating a limiting issue and a new learning curve for a programming language.

Incentivized