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KNIME

knime.com

Founded Year

2008

About KNIME

KNIME specializes in data mining, business intelligence, data analysis, data integration, predictive models, statistics, workflow tool, reporting, data science and machine learning. It is based in Zurich, Switzerland.

Headquarters Location

Hardturmstrasse 66

Zurich, 8005,

Switzerland

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Latest KNIME News

Nime unveils collaboration center for analytics, data science

Nov 15, 2022

November 15, 2022 - Advertisement - Nime on Tuesday launched a new cloud-native hub designed to promote sharing and collaboration by providing users a single place to view and access their organization’s data science and analytics tools. - Advertisement - The open source analytics vendor, founded in 2004 and based in Zurich, Switzerland, unveiled the new environment during the Nime Fall Summit 2022, an online and in-person user conference in Austin, Texas. - Advertisement - Nime recently updated its platform to modernize its UI and add integrations with Snowflake and Python, aimed at simplifying the user experience, and the new Nime Business Hub, according to Nime, for the user’s experience. The seller continues to strive to improve. new capabilities - Advertisement - Nime previously offered Nime Server as a complement to its open source analytics platform. The servers enable Nime Analytics Platform users to implement security and data governance measures and move their data science and analytics assets into production. But the nameserver was limited in its reach throughout the organization. The tool – which Naim is discontinuing but will still support as customers transition to the new hub – was localized to departments or groups of users. In addition, using it requires the installation of a real server. However, a single instance of Nime Business Hub is cloud-based, and therefore can be managed in a centralized manner and deployed across an organization to enable sharing and collaboration on data science and analysis projects. The ability to share and collaborate at scale is key, according to TechTarget’s Enterprise Strategy Group analyst Mike Lyons. Data science collaboration is a different animal than just sharing files. This release of Nime Hub brings that needed level of collaboration to organizations and does it on a modern, cloud-native stack for operational efficiency. Mike Lyons Analyst, Enterprise Strategy Group Nime stands apart from many vendors by enabling not only data analysis, but also data science. And sharing and collaborating on best practices, data experimentation and workflow management are critical to the data science process, he said. “Data science collaboration is a different beast … than simply sharing files,” Leon said. “This release of Nime Hub brings that needed level of collaboration to organizations and does it on a modern, cloud-native stack for operational efficiency.” Similarly, Ritu Jain, Chief Marketing Officer, NIME, said that operational efficiency – the ability to add scale in a single deployment – is a key aspect of Nime Business Hub’s evolution from NIME Server. Knime customers now have the option to share data science and other analytics assets within their group as they can with servers, or to share and collaborate with anyone in their organization for that limited number of times. Users can expand more. “You no longer have marketing on one server and finance on the other, and no way to connect them – Nime Hub brings the community together on one platform,” she said. “It allows users to still have private space, or they can share something across the organization. You can increase usage as much as you want, depending on your data infrastructure.” Meanwhile, according to Phil Winters, Nime’s strategic advisor, the community was the genesis of Nime Business Hub’s growth. Two years ago, Nime launched its Community Hub to enable its open source users to share and collaborate on data science and analytics projects, regardless of their organization. Feedback from Community Hub users then inspired Nime to build a scalable commercial tool, to enable enterprises to collaborate on data science and analytics projects and move those products into production. “We’re looking at the market, but mostly we’re driven by customer feedback,” Winters said. Jain said enterprise customers were taking on NIME’s capabilities to build their own internal hubs, and seeing this, the vendor decided to build the NIME Business Hub on its own. “They were doing it internally and showing that there is a demand for scalable, cloud-native architecture,” she said. “They didn’t want to install another [instance of] servers, and then three months later their needs grew, another. The demand for a scalable, cloud-native architecture was high, so it had to be done.” While the Business Hub is new to Nime and enables sharing and collaboration among all users within an organization, the Hub concept is not unique to Nime. Google earlier this year launched Analytics Hub, an exchange within its analytics platform where users can share and collaborate, and ThoughtSpot and Qlik are among other vendors that have created spaces for collaboration within their platforms. have pairs. However, as Leon mentioned, data science collaboration is more complex than file sharing and collaborative data analysis, so Nime Business Hub has the potential to be important to users. “Organizations need better ways to work together on these complex data science projects, and that includes just getting started,” he said. “With the Nime Hub, Nime has the advantage of having an open source model and giving organizations the flexibility they need to get started.” A sample screenshot from Knime demonstrating the analytics vendor’s UI. Pricing and future plans Single deployment of Knime Business Hub is more expensive than single deployment of Knime Server. But because servers had limited access, and large enterprises often had to deploy servers multiple times, the real cost for organizations to deploy the full breadth of Nime’s analytics capabilities with the launch of Business Hub may be lower. The server was available in three tiers, with the small option available to purchase on Azure or AWS, the medium at $29,000 or 25,000 euros annually, and the large costing $52,000 or 45,500 euros annually. Nime Business Hub is available at 62,500 Euro per year for the Standard Edition and 140,000 Euro for the Enterprise Edition; A SaaS version is available for 250 euros per month. Nime Analytics Platform is free. And given the variety of levels, the Nime Hub is accessible to organizations of all sizes, according to Winters. “Small to medium sized organizations are really not so concerned about advanced things and don’t even have teams to think about them, so for individual departments and small and medium sized businesses, What they want is what the team has to offer,” he said. Meanwhile, the standard is priced at a level that most department heads can approve, and for large enterprises, the cost of the Enterprise Edition is affordable, Winters continued. Nime Business Hub is now generally available and the server is being phased out, with the vendor continuing to work on its user experience, according to Winters. In addition, he said that Continuous Integration/Continuous Delivery (CI/CD) of Machine Learning and Augmented Intelligence is an ongoing focus. According to Leon, the ongoing CI/CD focus is crucial for Naim. “Supporting the management of the entire data science and AI lifecycle is a hot area right now,” he said. “With the understanding that these projects are ever-changing and ongoing, being able to support both the construction side of projects as well as the production side of projects will go a long way.”

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KNIME Frequently Asked Questions (FAQ)

  • When was KNIME founded?

    KNIME was founded in 2008.

  • Where is KNIME's headquarters?

    KNIME's headquarters is located at Hardturmstrasse 66, Zurich.

  • Who are KNIME's competitors?

    Competitors of KNIME include Simularge and 2 more.

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