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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
2nd
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
17th
Average Rating
8.6
Reviews Sentiment
5.2
Number of Reviews
4
Ranking in other categories
No ranking in other categories
 

Mindshare comparison

As of August 2025, in the Data Science Platforms category, the mindshare of KNIME Business Hub is 11.9%, up from 10.5% compared to the previous year. The mindshare of MathWorks Matlab is 1.0%, up from 0.6% compared to the previous year. It is calculated based on PeerSpot user engagement data.
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

"I was able to apply basic algorithms through just dragging and dropping."
"We have been able to appreciate the considerable reduction in prototyping time."
"We have found KNIME valuable when it comes to its visualization."
"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."
"KNIME is more intuitive and easier to use, which is the principal advantage."
"It is possible to configure the system to effectively manage memory and space requirements."
"Valuable features include visual workflow creation, workflow variables (parameterisation), automatic caching of all intermediate data sets in the workflow, scheduling with the server."
"It is very fast to develop solutions."
"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."
"The platform's most valuable feature is its field-specific packages, which make it very easy to use."
 

Cons

"The main issue with KNIME is that it sometimes uses too much CPU and RAM when working with large amounts of data."
"Occasionally, when using the GET object, there might be issues due to the velocity of the lines or the IT system of the commission."
"We do not have much documentation in Portuguese."
"There should be better documentation and the steps should be easier."
"For graphics, the interface is a little confusing. So, this is a point that could be improved."
"KNIME could improve when it comes to large data markets."
"I would like to see better web scraping because every time I tried, it was not up to par, although you can use Python script."
"KNIME doesn't handle large datasets or a high number of records well."
"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

"We're using the free academic license just locally. I went for KNIME because they have a free academic license."
"Scaling to the on-premises version requires a licensing fee per user that is a bit expensive in comparison to R, Python, and SAS."
"KNIME desktop is free, which is great for analytics teams. Server is well priced, depending on how much support is required."
"KNIME is an open-source tool, so it's free to use."
"There is no cost for using KNIME because it is an open-source solution, but you have to pay if you need a server."
"The client versions are mostly free, and we pay only for the KNIME server version. It's not a cheap solution."
"It is free of cost. It is GNU licensed."
"KNIME Business Hub is expensive for small companies."
"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
11%
Manufacturing Company
10%
University
9%
Computer Software Company
8%
Educational Organization
10%
Comms Service Provider
9%
Manufacturing Company
7%
Hospitality Company
7%
 

Company Size

By reviewers
Large Enterprise
Midsize Enterprise
Small Business
No data available
 

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?
The pricing for the software itself is reasonable, and I didn't encounter any additional costs beyond the initial purchase or license.
What needs improvement with MathWorks Matlab?
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 Mat...
 

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: July 2025.
865,295 professionals have used our research since 2012.