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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
15th
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 October 2025, in the Data Science Platforms category, the mindshare of KNIME Business Hub is 11.9%, 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 Hub11.9%
MathWorks Matlab1.1%
Other87.0%
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

"We are able to automate several functions which were done manually. I can integrate several data sets quickly and easily, to support analytics."
"It's a very powerful and simple tool to use."
"It's a coding-less opportunity to use AI. This is the major value for me."
"KNIME is more intuitive and easier to use, which is the principal advantage."
"KNIME is more intuitive and easier to use, which is the principal advantage."
"Key features include: very easy-to-use visual interface; Help functions and clear explanations of the functionalities and the used algorithms; Data Wrangling and data manipulation functionalities are certainly sufficient, as well as the looping possibilities which help you to automate parts of the analysis."
"We have been able to appreciate the considerable reduction in prototyping time."
"I've never had any problems with stability."
"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."
"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."
"The platform's most valuable feature is its field-specific packages, which make it very easy to use."
 

Cons

"The ability to handle large amounts of data and performance in processing need to be improved."
"KNIME's documentation is not strong."
"KNIME is not scalable."
"The documentation is lacking and it could be better."
"The solution is inconvenient when it comes to wrangling data that includes multiple steps or features because each step or feature requires its own icon."
"The most difficult part of the solution revolves around its areas concerning machine learning and deep learning."
"The predefined workflows could use a bit of improvement."
"They should look at other vendors like Alteryx that are more user friendly and modern."
"It is not out-of-the-box of course, and you have to program everything yourself."
"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."
"One area where the product could improve is in the ease of learning."
 

Pricing and Cost Advice

"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."
"I use the tool's free version."
"The price for Knime is okay."
"At this time, I am using the free version of Knime."
"There is no cost for using KNIME because it is an open-source solution, but you have to pay if you need a server."
"It's an open-source solution."
"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."
"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%
University
9%
Manufacturing Company
9%
Computer Software Company
7%
Computer Software Company
10%
Comms Service Provider
8%
Financial Services Firm
7%
Educational Organization
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?
Regarding the pricing part and licensing cost for MathWorks Matlab, it is not cheap, but it depends on the functions you need. You don't need all of them; you may just require a few and then it's r...
What needs improvement with MathWorks Matlab?
The application is pretty good, and I don't really complain. For my purposes, MathWorks Matlab is perfect because it's very versatile; it is not out-of-the-box of course, and you have to program ev...
 

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: September 2025.
871,408 professionals have used our research since 2012.