Glossary

KNIME

What is KNIME?

KNIME is data analytics software in which workflows are assembled visually from building blocks (“nodes”) instead of being programmed. The open-source KNIME Analytics Platform covers data import, cleansing, analysis, machine learning and reporting, while the vendor's commercial offerings add collaboration and operation within organisations. A typical example is a workflow that merges monthly sales data from several Excel files, cleans it and produces a forecast.

Topics

  • Data analytics
  • Low-code
  • Open source

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Related terms

No-code

No-code refers to tools that let people build applications, automations or websites through graphical interfaces without writing program code. Business teams can implement and test processes themselves instead of waiting for IT development. Limits appear with very specialised requirements, large data volumes or deep integrations. Example: a sales team uses drag and drop to build a flow that sorts and summarises new enquiries.

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Data mining

Data mining is the systematic search of large data sets for patterns, relationships and anomalies. It draws on statistical techniques and machine learning methods such as clustering, classification or association analysis. A classic example is market basket analysis in retail, which shows which products are often bought together – a basis for product range, placement and recommendations.

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Exploratory data analysis (EDA)

Exploratory data analysis (EDA) is the first, open-ended look at a dataset: you calculate summary figures, examine distributions and charts and look for patterns, outliers and missing values – without a fixed hypothesis yet. It helps assess data quality and find sensible questions for further analysis or modelling. Example: before a sales forecast, EDA reveals that one month was recorded incompletely because of a system migration.

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Template

Machine learning pipeline

A machine learning pipeline is a defined sequence of steps that turns raw data into a deployable model: collecting and cleaning data, preparing features, training, evaluating, deploying and monitoring. Automating these steps makes results reproducible and lets new data be processed with little effort. A retailer, for instance, can retrain and test its sales forecasting model every week using the latest figures.

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