KNIME ROI

LM
Professor of Health Services Research (now Emeritus) at a university with 1,001-5,000 employees

I have not formally calculated it, but it must be substantial.

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AP
Consultant at World Media Group, LLC

We have seen an ROI. In my case, as a consultant, I can create proofs of concept very quickly using KNIME. For example, if a client wants to explore a specific idea but is already committed to using platforms like Azure, Google Analytics, or AWS, we can still use KNIME to demonstrate the concept. This allows us to try out new ideas and algorithms before implementing the full project on their chosen platform, such as AWS, if needed.

The proof of concept approach is especially helpful when clients need to validate the feasibility of certain algorithms or machine learning techniques. 

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AL
Head Of Business Solutions | Unmanned Shop | Automated Retail | AI | IoT | Robotic | Data Science at Smart Retail

More than worthy to invest

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Buyer's Guide
KNIME
March 2024
Learn what your peers think about KNIME. Get advice and tips from experienced pros sharing their opinions. Updated: March 2024.
769,789 professionals have used our research since 2012.
it_user461148 - PeerSpot reviewer
Partner, Turkey and The Netherlands at a tech vendor with 201-500 employees

The biggest ROI comes from productivity when creating new things and also supporting old jobs.

And there is no hidden cost. Licensing is simple and open than other platforms.

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VR
CEO at Alpha Analytics

The ROI would depend on how KNIME is being used. Some projects would be more economically viable and save a lot of money. Others wouldn't save much.

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it_user166137 - PeerSpot reviewer
CEO with 11-50 employees

Very high, since it has low costs and it is very easy to use.

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Buyer's Guide
KNIME
March 2024
Learn what your peers think about KNIME. Get advice and tips from experienced pros sharing their opinions. Updated: March 2024.
769,789 professionals have used our research since 2012.