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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
Reviews Sentiment
7.2
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
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.
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.
Neha Wanjari - PeerSpot reviewer
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

"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."
"It has helped our analyst unit deliver work with more transparency and confidence, given that we can always view the dataset in totality, after each step of data transformation."
"It is a modeling tool with helpful automation."
"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."
"in terms of the simplicity, I think the SPSS basic can handle it."
"Most of the product features are good but I particularly like the linear regression analysis."
"It has the ability to easily change any variable in our research."
"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."
"The ETL which helps me to collect, reformat, and load the data from multiple sources into one destination, a storage database."
"This solution is easy to use and especially good at data preparation and wrapping."
"The most valuable feature is the data wrangling, which is what I mainly use it for."
"KNIME is fast and the visualization provides a lot of clarity. It clarifies your thinking because you can see what's going on with your data."
"It is very fast to develop solutions."
"It is a stable solution...It is a scalable solution."
"The solution is very easy to use"
"Stability is excellent. I would give it a nine out of ten."
"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."
"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."
 

Cons

"One of the areas that should be similar to Minitabs is the use of blogs. The Minitabs blog helps users understand the tools and gives lots of practical examples. Following the SPSS manual is cumbersome. It's a good, exhaustive manual, but it's not practical to use. With Minitabs, you can go to the blogs and find specific articles written about various components and it's very helpful. Without blogs, we find SPSS more complicated."
"It could provide even more in the way of automation as there are many opportunities."
"Each algorithm could be more adaptable to some industry-specific areas, or, in some cases, adapted for maintenance."
"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."
"I'd like to see them use more artificial intelligence. It should be smart enough to do predictions and everything based on what you input."
"I think the visualization and charting should be changed and made easier and more effective."
"The solution needs more planning tools and capabilities."
"The product should provide more ways to import data and export results that are user-friendly for high-level executives."
"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."
"The ability to handle large amounts of data and performance in processing need to be improved."
"The program is not fit for handling very large files or databases (greater than 1GB); it gets too slow and has a tendency to crash easily."
"There should be better documentation and the steps should be easier."
"We do not have much documentation in Portuguese."
"KNIME is not good at visualization."
"Sometimes, we needed more space to handle larger operations, especially since our machines had limited space and memory due to Kubernetes clusters."
"I wish there were more video training resources for KNIME. The current videos are very short, and most learning is text-based. Longer training sessions would be helpful, especially for complex flowchart use cases. Webinars focusing on starting projects and analyzing data would also be beneficial."
"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."
 

Pricing and Cost Advice

"The pricing of the modeler is high and can reduce the utility of the product for those who can not afford to adopt it."
"We think that IBM SPSS is expensive for this function."
"It's quite expensive, but they do a special deal for universities."
"While the pricing of the product may be higher, the accompanying service and features justify the investment."
"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 price of IBM SPSS Statistics could improve."
"I rate the tool's pricing a five out of ten."
"The price of this solution is a little bit high, which was a problem for my company."
"The price for Knime is okay."
"KNIME desktop is free, which is great for analytics teams. Server is well priced, depending on how much support is required."
"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."
"This is an open-source solution that is free to use."
"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 a free open-source solution."
"KNIME assets are stand alone, as the solution is open source."
"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
17%
University
9%
Computer Software Company
9%
Manufacturing Company
8%
Manufacturing Company
13%
Financial Services Firm
13%
Computer Software Company
9%
Educational Organization
8%
Educational Organization
11%
University
11%
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?
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 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.
816,406 professionals have used our research since 2012.