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KNIME Business Hub vs MathWorks Matlab comparison

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Comparison Buyer's Guide

Executive SummaryUpdated on Jun 3, 2026

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
6.7
Number of Reviews
66
Ranking in other categories
Data Mining (1st)
MathWorks Matlab
Ranking in Data Science Platforms
16th
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 2026, in the Data Science Platforms category, the mindshare of KNIME Business Hub is 4.2%, down from 12.3% compared to the previous year. The mindshare of MathWorks Matlab is 1.8%, up from 1.1% compared to the previous year. It is calculated based on PeerSpot user engagement data.
Data Science Platforms Mindshare Distribution
ProductMindshare (%)
KNIME Business Hub4.2%
MathWorks Matlab1.8%
Other94.0%
Data Science Platforms
 

Featured Reviews

NataliaRaffo - PeerSpot reviewer
Co Founder & Chief Data Officer Cdo at NTT DATA
Workflow automation has accelerated advanced analytics and machine learning delivery
Sometimes it is a little bit difficult to use some nodes when we have many large-scale data, for example, CSV files with a large amount of data. It is sometimes difficult to try to import the data in KNIME Business Hub nodes because I think that some features that are in the CSV in text, for example, large text, is difficult for KNIME Business Hub to import these fields. I don't know why, but it is very difficult. We need to try to use different nodes for importing the data, such as File Reader and CSV Reader. However, I think that it is always the features that have much text, it is difficult for KNIME Business Hub to understand and import this information. I don't know why, or maybe I don't know if we don't know what the better option is to configure the node to import all the CSV or the data set. However, we have always had this problem. In some nodes, sometimes it is the same because sometimes, for example, I have a CSV and in my CSV, I have a feature that is, for example, a date. When I import this data set in the File Reader node, I have problems with this field because it is a date, but the problem is that it imports it as text, for example. We try to use their nodes that convert text to date, but sometimes it is difficult, and it is not immediate to transform the text into a date. So we needed to convert the text into a date in the CSV, and then import it again in the KNIME Business Hub node and try to have a good read of this field. I know that KNIME Business Hub has some nodes to convert text to date and others, but sometimes it is difficult to use these nodes. I don't know why. Maybe it needs a specific format for the date and we need to transform our feature in this option. So sometimes it is a large process to convert these features. However, sometimes we need to investigate and search for other nodes, and try with other nodes to import these cases.
RB
Business Owner at SASS GmbH
Versatile system empowers users with advanced algorithm development and seamless integration capabilities
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 everything yourself. If you are experienced enough, you can do many things which other programs, for instance, SPSS, cannot do, as you need to program it—it's a fourth-generation programming language. In the future of MathWorks Matlab, I would appreciate the addition of many AI features, as there are a lot of machine learning capabilities and many AI features in the visual scene, although I don't need those because I use this feature data and don't work on pictures or images. However, you can work on images and can then do deep learning and that stuff, which is one of the real strengths of MathWorks Matlab.

Quotes from Members

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

Pros

"This open-source product can compete with category leaders in ELT software."
"The most valuable features of KNIME are its ability to convert your sub-workflow into a node. For example, the workflow has many individual native nodes that can be converted into a single node. This representation has simplified my workflow to a great extent. I can present my workflow in a very compact way."
"So far, it can solve my data analysis problems and I think it's a powerful data analysis tool."
"We have found KNIME valuable when it comes to its visualization."
"It has allowed us to easily implement advanced analytics into various processes."
"With KNIME, I am able to get that process down to under one minute, with data broken down into individual tabs."
"KNIME is easy to use, it's stable, powerful, and has a lot of features."
"The product is user-friendly."
"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 platform's most valuable feature is its field-specific packages, which make it very easy to use."
"This solution is pretty good, I truly enjoy it."
"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."
"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."
"Making digital twins saves significant time; checking something in simulation is more cost-effective—for instance, with marine engines, we typically need about 10 years of checking to find misfires, but with MathWorks Matlab, we can complete it in one month."
 

Cons

"In the previous versions, I had some issues when reading large Excel files due to memory usage."
"From the point of view of the interface, they can do a little bit better."
"I think some of the online training content could be better, although I have been able to find all of the information."
"They should look at other vendors like Alteryx that are more user friendly and modern."
"I would prefer to have more connectivity."
"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."
"One area that could be improved is increasing awareness and adoption of KNIME among organizations. Despite its capabilities, it is not as well-known as other tools. The advertising and marketing efforts to reach out to companies and universities have not been very successful."
"I think the data visualization part is the area most in need of improvement."
"To make use of the GPU, you have to have an Nvidia card."
"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."
"The cost is a significant concern; while university pricing is reasonable, a cheaper version with fewer libraries would be beneficial."
"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."
"It is not out-of-the-box of course, and you have to program everything yourself."
"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."
"This is an open-source solution that is free to use."
"I use the tool's free version."
"It's an open-source solution."
"KNIME assets are stand alone, as the solution is open source."
"While there are certain limitations in functionality, you can still utilize it efficiently free of charge."
"The price of KNIME is quite reasonable and the designer tool can be used free of charge."
"KNIME is a cheap product. I currently use KNIME's open-source version."
"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
8%
University
8%
Educational Organization
6%
Construction Company
13%
Comms Service Provider
12%
Computer Software Company
8%
Manufacturing Company
7%
 

Company Size

By reviewers
Large Enterprise
Midsize Enterprise
Small Business
By reviewers
Company SizeCount
Small Business22
Midsize Enterprise16
Large Enterprise35
By reviewers
Company SizeCount
Small Business2
Midsize Enterprise1
Large Enterprise4
 

Questions from the Community

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?
KNIME Business Hub could be improved by making the user experience more intuitive, especially for users who are new to data analytics. More guided features and documentation would be beneficial.
What is your primary use case for KNIME?
I automated the processing of paper-based data by digitalizing scanned documents and creating a KNIME Business Hub workflow that transforms the data into an analysis-ready format, reducing a manual...
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...
What is your primary use case for MathWorks Matlab?
I am working with MathWorks Matlab for statistics and machine learning, though I don't know which version I have, but I guess it is 21 or so. I don't care because the things I'm doing haven't chang...
 

Also Known As

KNIME Analytics Platform
No data available
 

Overview

 

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: August 2026.
912,006 professionals have used our research since 2012.