KNIME Analytics Platform vs. MATLAB

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
KNIME Analytics Platform
Score 8.3 out of 10
N/A
KNIME enables users to analyze, upskill, and scale data science without any coding. The platform that lets users blend, transform, model and visualize data, deploy and monitor analytical models, and share insights organization-wide with data apps and services.
$0
per month
MATLAB
Score 8.4 out of 10
N/A
MatLab is a predictive analytics and computing platform based on a proprietary programming language. MatLab is used across industry and academia.
$49
per student license
Pricing
KNIME Analytics PlatformMATLAB
Editions & Modules
KNIME Community Hub - Individual
$0
KNIME Community Hub - Team
From €250
per month Starts from 3 users
Student
$49
per student license
Student
$49
per student suite license
Home
$149
perpetual license
Education
$250
per year
Education
$500
perpetual license
Standard
$860
per year
Standard
2,150
perpetual license
Offerings
Pricing Offerings
KNIME Analytics PlatformMATLAB
Free Trial
YesNo
Free/Freemium Version
YesNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional Details
More Pricing Information
Community Pulse
KNIME Analytics PlatformMATLAB
Considered Both Products
KNIME Analytics Platform
Chose KNIME Analytics Platform
Comparing the KNIME Analytics Platform to Anaconda and MATLAB, KNIME Analytics Platform's upsides are ease of use thanks to graphical interface and intuitiveness, no requirement of programming/coding and pre-existing nodes. Anybody can use it and create models even though …
Chose KNIME Analytics Platform
Knime is much more user simple than any high-level programming language. The ability to connect nodes ad produces outputs in minutes is a large benefit for this program
MATLAB

No answer on this topic

Top Pros
Top Cons
Features
KNIME Analytics PlatformMATLAB
Platform Connectivity
Comparison of Platform Connectivity features of Product A and Product B
KNIME Analytics Platform
9.1
19 Ratings
7% above category average
MATLAB
-
Ratings
Connect to Multiple Data Sources9.619 Ratings00 Ratings
Extend Existing Data Sources10.010 Ratings00 Ratings
Automatic Data Format Detection9.019 Ratings00 Ratings
MDM Integration7.98 Ratings00 Ratings
Data Exploration
Comparison of Data Exploration features of Product A and Product B
KNIME Analytics Platform
8.0
18 Ratings
5% below category average
MATLAB
-
Ratings
Visualization8.018 Ratings00 Ratings
Interactive Data Analysis8.018 Ratings00 Ratings
Data Preparation
Comparison of Data Preparation features of Product A and Product B
KNIME Analytics Platform
8.3
19 Ratings
1% above category average
MATLAB
-
Ratings
Interactive Data Cleaning and Enrichment9.019 Ratings00 Ratings
Data Transformations9.419 Ratings00 Ratings
Data Encryption7.47 Ratings00 Ratings
Built-in Processors7.48 Ratings00 Ratings
Platform Data Modeling
Comparison of Platform Data Modeling features of Product A and Product B
KNIME Analytics Platform
7.9
18 Ratings
7% below category average
MATLAB
-
Ratings
Multiple Model Development Languages and Tools9.417 Ratings00 Ratings
Automated Machine Learning8.217 Ratings00 Ratings
Single platform for multiple model development9.218 Ratings00 Ratings
Self-Service Model Delivery5.08 Ratings00 Ratings
Model Deployment
Comparison of Model Deployment features of Product A and Product B
KNIME Analytics Platform
7.3
11 Ratings
16% below category average
MATLAB
-
Ratings
Flexible Model Publishing Options8.611 Ratings00 Ratings
Security, Governance, and Cost Controls5.94 Ratings00 Ratings
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KNIME Analytics PlatformMATLAB
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User Ratings
KNIME Analytics PlatformMATLAB
Likelihood to Recommend
9.6
(22 ratings)
8.1
(53 ratings)
Likelihood to Renew
9.4
(4 ratings)
-
(0 ratings)
Usability
9.0
(3 ratings)
9.9
(4 ratings)
Support Rating
9.0
(6 ratings)
9.5
(7 ratings)
Implementation Rating
7.0
(2 ratings)
-
(0 ratings)
Ease of integration
10.0
(1 ratings)
-
(0 ratings)
User Testimonials
KNIME Analytics PlatformMATLAB
Likelihood to Recommend
KNIME
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.
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MathWorks
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.
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Pros
KNIME
  • 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.
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MathWorks
  • 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.
Read full review
Cons
KNIME
  • 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.
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MathWorks
  • 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.
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Likelihood to Renew
KNIME
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
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MathWorks
No answers on this topic
Usability
KNIME
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
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MathWorks
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.
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Support Rating
KNIME
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.
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MathWorks
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.
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Implementation Rating
KNIME
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.
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MathWorks
No answers on this topic
Alternatives Considered
KNIME
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].
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MathWorks
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.
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Return on Investment
KNIME
  • 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.
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MathWorks
  • 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.
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ScreenShots

KNIME Analytics Platform Screenshots

Screenshot of the KNIME Modern UI. This is the the new user interface for the KNIME Analytics Platform that is available with improved look and feel as the default interface, from KNIME Analytics Platform version 5.1.0 release.Screenshot of the KNIME Analytics Platform user interface - the KNIME Workbench - displays the current, open workflow(s). Here is the general user interface layout — application tabs, side panel, workflow editor and node monitor.Screenshot of the KNIME user interface elements — workflow toolbar, node action bar, rename components and metanodes.Screenshot of the entry page, which is displayed by clicking the Home tab. From here users can; check out example workflows to get started, access a local workspace, or even start a new workflow by clicking the yellow plus button.Screenshot of the status of a KNIME node, which shows whether it's configured, not configured, executed, or has an error.Screenshot of the KNIME node action bar, which can be used to configure, execute, cancel, reset, and - when available - open the view.