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Aug 11 2022 | by Harikrishnan Pai

How KNIME Is Helping Transform Enterprise Analytics?

In the realm of data science, organizations have found it challenging to deploy their data into the production environment. They must frequently update the deployed data as new data types and sources emerge.  

Favorably, the KNIME tool for data analytics can solve this problem. Using integrated deployment, KNIME can help organizations automatically move their data model preparation into production. This is the main reason why  PeerSpot  has ranked KNIME as the #1 rank in data mining. KNIME is also slowly gaining popularity in the enterprise analytics segment, with nearly 70% of interested users. 

How does KNIME help in transforming data analytics? With this open-source tool, data analysts can easily connect to various data sources, perform calculations, and send the output data into files or databases. Let's explore it in more detail. 

What is KNIME? 

Short for Konstanz Information Miner, KNIME is an open-source low-code  data analytics  tool used for data preparation. KNIME can effectively design analytical workflows and reusable components accessible by all. Principally, the KNIME suite comprises the following products: 

  • The KNIME Analytics platform is the tool where data analysts and developers can construct workflows on their desktops. 
  • The KNIME Server is enterprise-level software designed for team collaboration, automation, and automatic deployment of data workflows. 

Suitable for all business enterprises, KNIME is supported on Windows, Linux, and macOS operating systems. Written using Java programming language, KNIME is built on the popular Eclipse IDE tool. Using KNIME, data professionals can perform a variety of functions, including: 

  • Data manipulation 
  • Data manipulation 
  • Data mining  

Primarily, KNIME can consolidate all functions within the process into a single workflow.  

KNIME Features for Enterprise Analytics 

Here are some of the KNIME features that make it popular for enterprise analytics: 

1. Integrated Deployment 

As elucidated above, with integrated deployment, KNIME can automatically move the entire data model preparation into deployment. This feature enables continuous data optimization in the production environment and saves a lot of manual deployment time. 

2. Executor Groups & Reservation 

Developed as part of the KNIME Server product, this feature enables the flexible execution of data models (including phases of high demands). It can effectively reduce costs using the pay-as-you-go (PAYG) executors without the need to maintain specialized hardwar

3. Metadata Mapping 

This new feature provides KNIME users with their workflow summary. It enables the complete mapping of metadata across all aspects of the workflow. Blueprint workflows are useful for documenting nodes, data sources, and libraries, along with the runtime information. 

4. Guided Analytics 

Using guided analytics, data applications can be customized according to reusable components (available on KNIME Hub). To collaborate with end-users, the reworked KNIME Portal is now part of the KNIME Server. 

Additionally, the KNIME Analytics platform enables data analysis with many routines that enable: 

  • Univariate and multivariate statistics 
  • Data mining 
  • Web analytics 
  • Text mining 
  • Image processing 

Its intuitive user interface makes KNIME easy to learn and use with minimum coding. Further, KNIME users can easily import and export data workflows and collaborate with others. 

Next, let's discuss how KNIME is transforming enterprise analytics. 

How KNIME Is Transforming Enterprise Analytics 

As an open-source platform, the KNIME Analytics platform continuously integrates new data sources and designs  data science  workflows. Why is KNIME Analytics the perfect platform for enterprise analytics? Here are a few reasons: 

  • Over 2,500 nodes 
  • Ready-to-execute workflows 
  • Wide range of integrated tools 
  • Wide range of available algorithms 

Let us elaborate on some of these factors: 

1. Building End-to-End Data Science  
  • Creating visual workflows using the intuitive GUI interface and drag-and-drop functionality. 
  • Blending data from multiple sources, including simple text formats (CSV, PDF, XML), time series data, and unstructured data types, including images, networks, and documents.
  • Building workflow from over 2,500 nodes and modeling each analysis step. 
  • Using the available set of public workflows from KNIME Hub. 
2. Integrated Analytics Tools  
  • Integrating R and Python code in the same KNIME workflow. 
  • Using KNIME Big Data integrations to integrate Apache Hadoop, Spark, and MLib technologies. 
  • Documenting work visually using the GUI interface. 
  • Combining text files, documents, database files, and Apache Hadoop data in the same visual workflow. 
3. Over 2,500 Nodes 
  • Connecting multiple file formats and databases. 
  • Supporting data types like XML, JSON, images, documents, and more. 
  • Using advanced machine learning (ML) and predictive algorithms. 
  • Integrating ML libraries including H20, Keras, and Scikit-Learn. 
  • Using interactive data views and reports.  
4. Leveraging AI and ML  
  • Building ML data models using advanced algorithms, including deep learning and tree-based methods. 
  • Optimizing model performance using hyperparameters and complex ensembles. 
  • Applying performance metrics to validate models. 
  • Using validated models to make accurate predictions. 
Conclusion 

In summary, KNIME is the tool that enables end-to-end data science through productionizing. As an enterprise-wide solution, the KNIME Analytics platform serves to create data science, and KNIME Server serves to productionize data science.  

With its flexible and extensible framework, KNIME enables your data experts to work in their preferred environment. Our expertise in ETL tools like KNIME  ensures that your extracted data is appropriately processed and transformed for your business's success.  

We specialize in providing IT services in data engineering, warehousing, and analytics across industries.  

Interested in knowing more about KNIME? Talk to our technology experts  today. 

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