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KNIME Business Hub vs MathWorks Matlab comparison

 

Comparison Buyer's Guide

Executive SummaryUpdated on Jul 27, 2025

Review summaries and opinions

We asked business professionals to review the solutions they use. Here are some excerpts of what they said:
 

Categories and Ranking

KNIME Business Hub
Ranking in Data Science Platforms
3rd
Average Rating
8.2
Reviews Sentiment
7.1
Number of Reviews
60
Ranking in other categories
Data Mining (1st)
MathWorks Matlab
Ranking in Data Science Platforms
18th
Average Rating
8.8
Reviews Sentiment
5.5
Number of Reviews
5
Ranking in other categories
No ranking in other categories
 

Mindshare comparison

As of September 2025, in the Data Science Platforms category, the mindshare of KNIME Business Hub is 12.3%, up from 10.8% compared to the previous year. The mindshare of MathWorks Matlab is 1.1%, up from 0.5% compared to the previous year. It is calculated based on PeerSpot user engagement data.
Data Science Platforms Market Share Distribution
ProductMarket Share (%)
KNIME Business Hub12.3%
MathWorks Matlab1.1%
Other86.6%
Data Science Platforms
 

Featured Reviews

Laurence Moseley - PeerSpot reviewer
Has a drag-and-drop interface and AI capabilities
It's difficult to pinpoint one single feature because KNIME has so many. For starters, it's very easy to learn. You can get started with just a one-hour video. The drag-and-drop interface makes it user-friendly. For example, if you want to read an Excel file, drag the "read Excel file" node from the repository, configure it by specifying the file location, and run it. This gives you a table with all your data. Next, you can clean the data by handling missing values, selecting specific columns you want to analyze, and then proceeding with your analysis, such as regression or correlation. KNIME has over 4,500 nodes available for download. In addition, KNIME offers various extensions. For instance, the text processing extension allows you to process text data efficiently. It's more powerful than other tools like NVivo and Palantir. KNIME also has AI capabilities. If you're unsure about the next step, the AI assistant can suggest the most frequently used nodes based on your previous work. Another valuable feature is the integration with Python. If you need to perform a task that requires Python, you can simply add a Python node, write the necessary code,
Ioannis Kalathas - PeerSpot reviewer
Creating digital twins significantly reduces time for marine engine diagnostics
MathWorks Matlab has numerous libraries, making it challenging to have a holistic understanding of all of them. I can only speak about the libraries I have used. Additional GUIs and add-ons for MathWorks Matlab would help, especially for users who are not familiar with the software. The cost is a significant concern. While university pricing is reasonable, a cheaper version with fewer libraries would be beneficial. In Greece, we struggle to purchase licenses, and we also use Ansys. There are technical differences in simulation, but the price of MathWorks Matlab is too high for a Greek mechanic to use it. A license with fewer features would be more appropriate.

Quotes from Members

We asked business professionals to review the solutions they use. Here are some excerpts of what they said:
 

Pros

"It allows for a user-friendly approach where you can simply drag and drop elements to create your model, which is a convenient and effective idea."
"The most valuable feature is the data wrangling, which is what I mainly use it for."
"I was able to apply basic algorithms through just dragging and dropping."
"I am impressed by the modularity and reusability in KNIME, especially the ability to make small adjustments to object configurations."
"All of the features related to the ETL are fantastic. That includes the connectors to other programs, databases, and the meta node function."
"KNIME is easy to learn."
"It has allowed us to easily implement advanced analytics into various processes."
"KNIME is fast and the visualization provides a lot of clarity. It clarifies your thinking because you can see what's going on with your data."
"The platform's most valuable feature is its field-specific packages, which make it very easy to use."
"Personally for me, because I do a lot of development, I like that it is easy to test mathematical algorithms with several matrix calculations. It's perfect for that."
"The tool's most valuable feature is the Simulink environment. This feature provides an incredible capability to visually represent the system behavior before creating the code. It allows you to see the flow and interactions of the system, which is extremely beneficial for software development. With this visual representation, you can better understand the system's behavior, make necessary adjustments, and ensure maintenance and updates. This capability is why I love working with the product."
"What I appreciate about MathWorks Matlab is that it is the most versatile program system I know; there are so many toolboxes which I don't need, as I mostly work with statistics, but it's amazing how many functions there are."
 

Cons

"KNIME's documentation is not strong."
"They should look at other vendors like Alteryx that are more user friendly and modern."
"We do not have much documentation in Portuguese."
"It's difficult to pinpoint one single feature because KNIME has so many. For starters, it's very easy to learn. You can get started with just a one-hour video. The drag-and-drop interface makes it user-friendly. For example, if you want to read an Excel file, drag the "read Excel file" node from the repository, configure it by specifying the file location, and run it. This gives you a table with all your data."
"In my environment, I need to access a lot of servers with different characteristics and access methods. Some of my servers have to be accessed using proxy which is not supported by KNIME, so I still need to create the middleware to supply the source of my KNIME configurations."
"The program is not fit for handling very large files or databases (greater than 1GB); it gets too slow and has a tendency to crash easily."
"One thing to consider is that the prebuilt nodes may not always be a perfect fit for your specific needs, although most of the time, they work quite well."
"The documentation is lacking and it could be better."
"One area where the product could improve is in the ease of learning."
"To make use of the GPU, you have to have an Nvidia card. What I would want it to do is to run in Next Generation with Intel or AMD, and not just with Nvidia."
"In the area of improvement, sometimes there are issues with the speed of MathWorks Matlab, particularly in the Simulink environment. The tool's latest versions can be slow to open, taking significant time to load. Additionally, saving data and integrating models can also be time-consuming processes."
"It is not out-of-the-box of course, and you have to program everything yourself."
 

Pricing and Cost Advice

"It is expensive to procure the license."
"With KNIME, you can use the desktop version free of charge as much as you like. I've yet to hit its limits. If I did, I'd have to go to the server version, and for that you have to pay. Fortunately, I don't have to at the moment."
"This is an open-source solution that is free to use."
"For beginners, the free desktop version is very attractive, but the full server version can be more expensive. I have only used the free version and it offers a fair pricing system. I have been promoting it to others without any compensation or request from the company, simply because I am enthusiastic about it. I am not aware of the pricing for the server version, but it seems to be widely used."
"While there are certain limitations in functionality, you can still utilize it efficiently free of charge."
"It's an open-source solution."
"I use the open-source version."
"The client versions are mostly free, and we pay only for the KNIME server version. It's not a cheap solution."
"We have a single user license. Support and add-ons are an extra fee."
"The pricing for the software itself is reasonable, and I didn't encounter any additional costs beyond the initial purchase or license."
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Top Industries

By visitors reading reviews
Financial Services Firm
11%
Manufacturing Company
10%
University
9%
Computer Software Company
8%
Educational Organization
10%
Comms Service Provider
9%
Computer Software Company
7%
Manufacturing Company
7%
 

Company Size

By reviewers
Large Enterprise
Midsize Enterprise
Small Business
By reviewers
Company SizeCount
Small Business20
Midsize Enterprise16
Large Enterprise29
By reviewers
Company SizeCount
Small Business2
Midsize Enterprise1
Large Enterprise4
 

Questions from the Community

What do you like most about KNIME?
Since KNIME is a no-code platform, it is easy to work with.
What is your experience regarding pricing and costs for KNIME?
I rate the product’s pricing a seven out of ten, where one is cheap and ten is expensive.
What needs improvement with KNIME?
I have seen the potential to interact with Python, which is currently a bit limited. I am interested in the newer version, 5.4, when it becomes available. The machine learning and profileration asp...
What do you like most about MathWorks Matlab?
The tool's most valuable feature is the Simulink environment. This feature provides an incredible capability to visually represent the system behavior before creating the code. It allows you to see...
What is your experience regarding pricing and costs for MathWorks Matlab?
The pricing for the software itself is reasonable, and I didn't encounter any additional costs beyond the initial purchase or license.
What needs improvement with MathWorks Matlab?
MathWorks Matlab has numerous libraries, making it challenging to have a holistic understanding of all of them. I can only speak about the libraries I have used. Additional GUIs and add-ons for Mat...
 

Also Known As

KNIME Analytics Platform
No data available
 

Overview

Information not available
 

Sample Customers

Infocom Corporation, Dymatrix Consulting Group, Soluzione Informatiche, MMI Agency, Estanislao Training and Solutions, Vialis AG
Information Not Available
Find out what your peers are saying about KNIME Business Hub vs. MathWorks Matlab and other solutions. Updated: July 2025.
867,021 professionals have used our research since 2012.