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KNIME Business Hub vs MathWorks Matlab comparison

 

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
6.8
Number of Reviews
63
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 June 2026, in the Data Science Platforms category, the mindshare of KNIME Business Hub is 5.1%, down from 12.0% compared to the previous year. The mindshare of MathWorks Matlab is 1.7%, up from 0.8% compared to the previous year. It is calculated based on PeerSpot user engagement data.
Data Science Platforms Mindshare Distribution
ProductMindshare (%)
KNIME Business Hub5.1%
MathWorks Matlab1.7%
Other93.2%
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

"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."
"We have found KNIME valuable when it comes to its visualization."
"The nicest part of KNIME is that the designer tool is free."
"I believe the main benefits I receive from KNIME Business Hub are automation, because when I work through the workflow one time, I can reuse it later on, saving considerable time for many tasks."
"The data analytics capabilities in KNIME are excellent; it's not just a statistical ETL tool, as we can go deeper and do various types of tasks beyond straight analytics."
"The hardest part is keeping a tidy workspace because of the many nodes involved. When teaching, it would be helpful if there was more emphasis on how to group nodes effectively. For example, turning frequently used nodes into a single component can simplify things."
"What I like the most is that it works almost out of the box with Random Forest and other Forest nodes."
"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."
"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 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."
"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 last update, KNIME started hiding a lot of the nodes. It doesn't mean hiding, but you need to know what you're looking for. Before that, you had just a tree that you could click, and you could get an overview of what kind of nodes do I have. Right now, it's like you need to know which node you need, and then you can start typing, but it's actually more difficult to find them."
"I feel the query performance is slower than my old code."
"When deploying models on a regular system, it works fine. However, when accuracy is a priority, hyperparameter tuning is necessary. Currently, KNIME doesn't have the best tools for this which they could improve in this area."
"There are other applications that I've used that make collecting the data and interpreting it a lot easier."
"It's pretty straightforward to understand. So, if you understand what the pipeline is, you can use the drag-and-drop functionality without much training. Doing the same thing in Python requires so much more training. That's why I use KNIME."
"The user interface could be a little bit more comfortable."
"Compared to the other data tools on the market, the user interface can be improved."
"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."
"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."
"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."
"One area where the product could improve is in the ease of learning."
"It is not out-of-the-box of course, and you have to program everything yourself."
 

Pricing and Cost Advice

"KNIME offers a free version"
"There is a Community Edition and paid versions available."
"The client versions are mostly free, and we pay only for the KNIME server version. It's not a cheap solution."
"KNIME desktop is free, which is great for analytics teams. Server is well priced, depending on how much support is required."
"I use the open-source version."
"KNIME Business Hub is expensive for small companies."
"It's an open-source solution."
"The price for Knime is okay."
"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
12%
Manufacturing Company
9%
University
8%
Educational Organization
6%
Construction Company
12%
Computer Software Company
9%
Comms Service Provider
9%
Government
7%
 

Company Size

By reviewers
Large Enterprise
Midsize Enterprise
Small Business
By reviewers
Company SizeCount
Small Business21
Midsize Enterprise16
Large Enterprise32
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?
I would describe KNIME Decision Hub as somewhat helpful in making data-driven decisions more efficient. It could have been a scalable decisioning as a service at the back end, but it's not working ...
What is your primary use case for KNIME?
I mainly use KNIME Business Hub currently for data ETLs and then it meets with predictive analytics. Sometimes I utilize it for forecasting, but mostly it's predictive analytics. I have utilized bo...
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: April 2026.
900,125 professionals have used our research since 2012.