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IBM Watson Studio vs KNIME comparison

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Comparison Buyer's Guide

Executive Summary
 

Categories and Ranking

IBM SPSS Statistics
Sponsored
Ranking in Data Science Platforms
10th
Average Rating
8.0
Number of Reviews
37
Ranking in other categories
Data Mining (3rd)
IBM Watson Studio
Ranking in Data Science Platforms
12th
Average Rating
8.2
Reviews Sentiment
8.0
Number of Reviews
13
Ranking in other categories
AI Development Platforms (9th)
KNIME
Ranking in Data Science Platforms
2nd
Average Rating
8.2
Reviews Sentiment
7.2
Number of Reviews
58
Ranking in other categories
Data Mining (1st)
 

Mindshare comparison

As of November 2024, in the Data Science Platforms category, the mindshare of IBM SPSS Statistics is 2.8%, up from 2.6% compared to the previous year. The mindshare of IBM Watson Studio is 2.1%, down from 2.3% compared to the previous year. The mindshare of KNIME is 11.0%, up from 8.6% compared to the previous year. It is calculated based on PeerSpot user engagement data.
Data Science Platforms
 

Featured Reviews

AbakarAhmat - PeerSpot reviewer
Enhancing survey analysis that provides valued insightfulness
I used traditional tools where I would prepare data, click through menus, and use SQL Server for data visualization. We switched to IBM SPSS because it offers strong certification and aligns well with the standards we prioritize in our surveys. In terms of popularity, it stands out as the top choice in the market, especially in the research and university domains. Many different organizations and institutions use SPSS for statistical analytics. While there are other tools like MCLab and similar options available, SPSS is the most renowned and widely used among them.
Abilio Duarte - PeerSpot reviewer
A highly robust and well-documented platform that simplifies the complex world of AI
The main challenge lies in visibility and ease of use. Providing training sessions can be immensely helpful in helping users navigate and understand the tool's potential. This approach would empower users to explore and make the most of the tools and technologies at their disposal. Another area where IBM could enhance its offering is by providing more visibility to end users regarding the vast potential that Watson offers.
Hansong Choi - PeerSpot reviewer
A low-code platform that reduces data mining time by linking script
The solution allows for sharing model designs and model operations with other data analysts. Other solutions such as SAS, R, and Python consist of just the script which is difficult to share. The solution is a low-code platform which reduces data mining time and its platform includes a clickable icon for linking script.

Quotes from Members

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

Pros

"Capability analysis is one of the main and valuable functions. We also do some hypothesis testing in Minitab and summary stats. These are the functions that we find very useful."
"Some of the most valuable features that we are using with some business models are machine learning algorithms, statistical models given to us by the business, and getting data from the database or text files."
"Since we are using the software as a statistical tool, I would say the best aspects of it are the regression and segmentation capabilities. That said, I've used it for all sorts of things."
"In terms of the features I've found most valuable, I'd say the duration, the correlation, and of course the nonparametric statistics. I use it for reliability and survival analysis, time series, regression models in different solutions, and different types of solutions."
"You can quickly build models because it does the work for you."
"It offers very good visualization."
"The most valuable features mainly include factor analysis, correlation analysis, and geographic analysis."
"The features that I have found most valuable are the Bayesian statistics and descriptive statistics."
"Watson Studio is very stable."
"Technical support is great. We have had weekly teleconferences with the technical people at IBM, and they have been fantastic."
"The main benefit is the ease of use. We see a lot of engineers in our site and customers that really like the way the tools are able to work with the people."
"For me, the valuable feature of the solution is the one that I used, which was Jupyter notebooks."
"Stability-wise, it is a great tool."
"The solution is very easy to use."
"It has greatly improved the performance because it is standardized across the company."
"It has a lot of data connectors, which is extremely helpful."
"We have found KNIME valuable when it comes to its visualization."
"Overall KNIME serves its purpose and does a good job."
"Since KNIME is a no-code platform, it is easy to work with."
"The visual workflow tools for custom and complex tasks always beat raw coding languages with the agility, speed to deliver, and ease of subsequent changes."
"KNIME is quite scalable, which is one of the most important features that we found."
"It's a huge tool with machine learning features as well."
"Automation is most valuable. It allows me to automatically download information from different sources, and once I create a workflow, I can apply it anytime I want. So, there is efficiency at the same time."
"The product is user-friendly."
 

Cons

"Most of the package will give you the fixed value, or the p-value, without an explanation as to whether it it significant or not. Some beginners might need not just the results, but also some explanation for them."
"I think the visualization and charting should be changed and made easier and more effective."
"There is a learning curve; it's not very steep, but there is one."
"I would like SPSS to improve its integration with other data-filing IBM tools. I also think its duration with data, utilization, and graphics could be better."
"Better documentation on how to use macros."
"Perhaps in terms of visualization. It's not really easy to do some data visualization, just simple, descriptive analysis in SPSS. I think that could be an area for improvement."
"Technical support needs some improvement, as they do not respond as quickly as we would like."
"The reports could be better."
"We would like to see it more web-based with more functionality."
"The solution's interface is very slow at times."
"It's sometimes easy to get lost given the number of images the solution opens up when you click on the mouse and the amount of different tabs."
"The main challenge lies in visibility and ease of use."
"Initially, it was quite complex. For us, it was not only a matter of getting it installed, that was just a start. It was also trying to come up with a standard way of implementing it across the entire organization, which had been a challenge."
"We would like to see it less as one big, massive product, but more based on smaller services that we can then roll out to consumers."
"I think maybe the support is an area where it lacks."
"The decision making in their decision making feature is less good than other options."
"The predefined workflows could use a bit of improvement."
"​The data visualization part is the area most in need of improvement."
"KNIME's documentation is not strong."
"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."
"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."
"The current UI is primarily in English. Analyzing data in local languages might present challenges or issues."
"It could input more data acquisitions from other sources and it is difficult to combine with Python."
"System resource usage. Knime will occupy total system RAM size and other applications will hang."
 

Pricing and Cost Advice

"Our licence is on a yearly renewal basis. While pricing is not the primary concern in our evaluation, as products are assessed by whether they can meet our user needs and expertise, the cost can be a limiting factor in the number of licences we procure."
"The pricing of the modeler is high and can reduce the utility of the product for those who can not afford to adopt it."
"It's quite expensive, but they do a special deal for universities."
"I rate the tool's pricing a five out of ten."
"SPSS is an expensive piece of software because it's incredibly complex and has been refined over decades, but I would say it's fairly priced."
"The price of this solution is a little bit high, which was a problem for my company."
"The price of IBM SPSS Statistics could improve."
"While the pricing of the product may be higher, the accompanying service and features justify the investment."
"The pricing is generally reasonable and straightforward but can vary significantly depending on the specific workloads in use."
"IBM Watson Studio is a reasonably priced product"
"IBM Watson Studio is an expensive solution."
"Watson Studio's pricing is reasonable for what you get."
"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."
"KNIME Business Hub is expensive for small companies."
"KNIME is an open-source tool, so it's free to use."
"The client versions are mostly free, and we pay only for the KNIME server version. It's not a cheap solution."
"We're using the free academic license just locally. I went for KNIME because they have a free academic license."
"This is a free open-source solution."
"It is free of cost. It is GNU licensed."
"There is no cost for using KNIME because it is an open-source solution, but you have to pay if you need a server."
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Top Industries

By visitors reading reviews
Financial Services Firm
17%
University
9%
Computer Software Company
9%
Manufacturing Company
8%
Financial Services Firm
14%
Computer Software Company
12%
Manufacturing Company
9%
University
8%
Manufacturing Company
13%
Financial Services Firm
13%
Computer Software Company
9%
Educational Organization
8%
 

Company Size

By reviewers
Large Enterprise
Midsize Enterprise
Small Business
 

Questions from the Community

What do you like most about IBM SPSS Statistics?
The software offers consistency across multiple research projects helping us with predictive analytics capabilities.
What is your experience regarding pricing and costs for IBM SPSS Statistics?
The cost of IBM SPSS Statistics is managed by organizations, not individual researchers. It is a very expensive produ...
What needs improvement with IBM SPSS Statistics?
IBM SPSS Statistics does not keep you close to your data like KNIME. In KNIME, at every stage, you can see the result...
What needs improvement with IBM Watson Studio?
From an improvement perspective, I would say that if the deployment environment and IBM Watson Studio's environment a...
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?
The current UI is primarily in English. Analyzing data in local languages might present challenges or issues.
 

Also Known As

SPSS Statistics
Watson Studio, IBM Data Science Experience, Data Science Experience, DSx
KNIME Analytics Platform
 

Learn More

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Overview

 

Sample Customers

LDB Group, RightShip, Tennessee Highway Patrol, Capgemini Consulting, TEAC Corporation, Ironside, nViso SA, Razorsight, Si.mobil, University Hospitals of Leicester, CROOZ Inc., GFS Fundraising Solutions, Nedbank Ltd., IDS-TILDA
GroupM, Accenture, Fifth Third Bank
Infocom Corporation, Dymatrix Consulting Group, Soluzione Informatiche, MMI Agency, Estanislao Training and Solutions, Vialis AG
Find out what your peers are saying about IBM Watson Studio vs. KNIME and other solutions. Updated: October 2024.
816,406 professionals have used our research since 2012.