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KNIME vs MathWorks Matlab 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)
KNIME
Ranking in Data Science Platforms
2nd
Average Rating
8.2
Number of Reviews
58
Ranking in other categories
Data Mining (1st)
MathWorks Matlab
Ranking in Data Science Platforms
16th
Average Rating
8.6
Number of Reviews
3
Ranking in other categories
No ranking in other categories
 

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 KNIME is 11.0%, up from 8.6% compared to the previous year. The mindshare of MathWorks Matlab is 0.5%, down from 0.9% compared to the previous year. It is calculated based on PeerSpot user engagement data.
Data Science Platforms
 

Featured Reviews

AbakarAhmat - PeerSpot reviewer
Sep 21, 2023
Enhancing survey analysis that provides valued insightfulness
I use it to analyze questionnaire surveys related to a product, solution, or application, such as open data services, which I provide to consumers and end-users. These surveys contain evaluation assessments, and I use SPSS to analyze the responses The most valuable feature is its robust…
Hansong Choi - PeerSpot reviewer
Aug 8, 2022
A low-code platform that reduces data mining time by linking script
I manage our data analytics team for a client in the insurance industry and we use the solution for cancelation probation campaigns, ratio modeling, and automatic claim models.  The solution allows for sharing model designs and model operations with other data analysts. Other solutions such as…
Neha Wanjari - PeerSpot reviewer
Apr 2, 2024
Has Simulink feature which helps with visual representations
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. The solution's UI has greatly supported my development process. I would rate it an eight point five out of ten for its user interface. It's easy to explain how a system works, especially if I've created a model in the Simulink environment. Integrating it with other languages or tools has always benefited my projects. Even though I've only used two languages, it has been advantageous overall.

Quotes from Members

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

Pros

"SPSS is quite robust and quicker in terms of providing you the output."
"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."
"It is perfectly adequate if all you need are the results and not the trail of evidence."
"It has the ability to easily change any variable in our research."
"The solution has numerous valuable features. We particularly like custom tabs. It's very useful. We end up analyzing a lot of software data, so features related to custom tabs are really helpful."
"The most valuable feature is its robust statistical analysis capabilities."
"They have many existing algorithms that we can use and use effectively to analyze and understand how to put our data to work to improve what we do."
"The SPSS interface is very accessible and user-friendly. It's really easy to get information in it. I've shared it with experts and beginners, and everyone can navigate it."
"Overall KNIME serves its purpose and does a good job."
"We leverage KNIME flexibility in order to query data from our database and manipulate them for any ad-hoc business case, before presenting results to stakeholders."
"I know I don't use it to its full capacity, but I love the Rule Engine feature. It has allowed me to create lookup tables on the fly and break down text fields into quantifiable data."
"It is very fast to develop solutions."
"Clear view of the data at every step of ETL process enables changing the flow as needed."
"The most valuable is the ability to seamlessly connect operators without the need for extensive programming."
"I've tried to utilize KNIME to the fullest extent possible to replace Excel."
"We have been able to appreciate the considerable reduction in prototyping time."
"The platform's most valuable feature is its field-specific packages, which make it very easy to use."
"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."
"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."
 

Cons

"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."
"IBM SPSS Statistics could improve the visual outputs where you are producing, for example, a graph for a company board of directors, or an advert."
"The statistics should be more self-explanatory with detailed automated reports."
"This solution is not suitable for use with Big Data."
"Improvements are needed in the user interface, particularly in terms of user-friendliness."
"The reports could be better."
"SPSS is a tool that's been around since the late 60s, and it's the universal worldwide standard for quantitative social science data analysis. That said, it does seem a bit strange to me that the graphical output functions are so clunky after all these years. The output of charts and graphs that SPSS produces is hideous."
"In developing countries, it would be beneficial to provide certain features to users at no cost initially, while also customizing pricing options."
"I'd like something that would make it easier to connect/parse websites, although I will fully admit that I'm not as proficient in KNIME as I would like to be, so it could be I'm just missing something."
"Not just for KNIME, but generally for software and analyzing data, I would welcome facilities for analyzing different sorts of scale data like Likert scales, Thurstone scales, magnitude ratio scales, and Guttman scales, which I don't use myself."
"They could add more detailed examples of the functionality of every node, how it works and how we can use it, to make things easier at the beginning."
"System resource usage. Knime will occupy total system RAM size and other applications will hang."
"There are some parameters that I would like to have at a bigger scale. The upper limit of one node that tries to find spots or areas in photos was too small for us. It would need to be bigger."
"From the point of view of the interface, they can do a little bit better."
"KNIME's licensing and data management aren't as straightforward relative to Alteryx. Alteryx's tools are more sophisticated, so you need fewer to use it compared to KNIME. I think tab implementation could be easier, too."
"The documentation needs a proper rework. ​"
"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."
"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."
 

Pricing and Cost Advice

"It's quite expensive, but they do a special deal for universities."
"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."
"The price of IBM SPSS Statistics could improve."
"We think that IBM SPSS is expensive for this function."
"The price of this solution is a little bit high, which was a problem for my company."
"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."
"I use the open-source version."
"KNIME offers a free version"
"At this time, I am using the free version of Knime."
"The client versions are mostly free, and we pay only for the KNIME server version. It's not a cheap solution."
"KNIME is free as a stand-alone desktop-based platform but if you want to get a KNIME server then you can find the cost on their website."
"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."
"It is expensive to procure the license."
"KNIME assets are stand alone, as the solution is open source."
"The pricing for the software itself is reasonable, and I didn't encounter any additional costs beyond the initial purchase or license."
"We have a single user license. Support and add-ons are an extra fee."
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Top Industries

By visitors reading reviews
Financial Services Firm
16%
University
10%
Computer Software Company
9%
Manufacturing Company
8%
Manufacturing Company
12%
Financial Services Firm
12%
Computer Software Company
9%
Educational Organization
8%
Educational Organization
13%
University
10%
Manufacturing Company
10%
Computer Software Company
9%
 

Company Size

By reviewers
Large Enterprise
Midsize Enterprise
Small Business
No data available
 

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?
While the pricing of the product may be higher, the accompanying service and features justify the investment. However...
What needs improvement with IBM SPSS Statistics?
In some cases, the product takes time to load a large dataset. They could improve this particular area.
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.
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 visua...
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 pur...
What needs improvement with MathWorks Matlab?
One area where the product could improve is in the ease of learning. The syntax can be challenging for first-time pro...
 

Comparisons

 

Also Known As

SPSS Statistics
KNIME Analytics Platform
No data available
 

Learn More

Video not available
 

Overview

Information not available
 

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
Infocom Corporation, Dymatrix Consulting Group, Soluzione Informatiche, MMI Agency, Estanislao Training and Solutions, Vialis AG
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Find out what your peers are saying about KNIME vs. MathWorks Matlab and other solutions. Updated: October 2024.
814,763 professionals have used our research since 2012.