KNIME is an advanced open source analytics platform and is managed under the GNU General Public Licence Version 3. It is currently positioned in the Leader Quadrant for Gartner’s 2016 Magic Quadrant for Advanced Analytics Platforms. The platform supports more than 1000 modules, and more are added to it regularly. It has connectors for all the major file formats and supports major data types ranging from spreadsheets, XML, JSON to images and major document types. It supports native and in-database data blending and transformation, predictive analytics, machine learning and visualization. Use cases for Knime include:
Churn Analysis & Prediction
Social Media Sentiment Analysis
Energy Usage Prediction
Fraud Analysis and Outlier Prediction
KNIME is an important component in our IoT Thing stack as it provides the neccessary capability of advanced analysis of sensor based data. The machine learning algorithms in particular add additional value to our sensor based solutions.