10+ IBM Planning Analytics Alternatives and Competitors

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IBM Planning Analytics

8.9 User Rating
$800 M Revenue
5000+ No of Employees
1983 Founded
SaaS Industry
Corporate Performance Management Category
Kwame Awuku CEO
Overview

IBM Planning Analytics is a complete business and corporate performance management platform, programmed to deliver planning, budgeting, forecasting, and analysis solutions. IBM Planning Analytics empowers every organization to automate their manual processes, especially spreadsheet-based tasks, and provide a customizable workspace through its Microsoft Excel interface. This platform is also based on IBM Cognos TM1 technology, and all of its data are stored through in-memory multidimensional OLAP cubes. Formerly known as IBM Cognos TM1, Applix TM1, and Sinper TM/1, IBM Planning Analytics has been delivering high-end business automation solutions since 1983. With its 37 years in the industry, IBM Planning Analytics becomes more recognizable among various users through its innovative data analysis and AI-infused planning capabilities. IBM Planning Analytics was also recognized as one of the best corporate performance management (CPM) software today, competing against its alternatives like Adaptive Insights, Prophix Software, Oracle CPM, CCH Tagetik, SAP Analytics Cloud, Planful, Board, Vena Solutions, and Softexpert.com.

Alternatives

Logo Name Sort Rating Sort CEO Pricing Sort Founded Sort Revenue Sort Employees Sort Location Sort Reviews Sort Customers Sort
Onestream Software Onestream Software 9.4 Tom Shea N/A 2010 $49 M
512+
Rochester
2400+ Reviews
500 +
Prophix Software Prophix Software 9.2 Paul Barber N/A 1987 $41.8 M
288+
Canada 4900+ Reviews
1.6K +
Planful Planful 9 Grant Halloran N/A 2001 $57.5 M
394+
Redwood City 1600+ Reviews
700 +
Adaptive Insights Adaptive Insights 9 Tom Bogan N/A 2003 $106.5 M
461+
California 5000+ Reviews
3.7K +
Oracle CPM Oracle CPM 9 Safra Catz $149 1977 $39.5 B
136,000+
‎Redwood City 4000+ Reviews
10K +
SAP Analytics Cloud SAP Analytics Cloud 9 Christian Klein N/A 1990 N/A 10,001+
California 1400+ Reviews
41.2K +
CCH Tagetik CCH Tagetik 8.9 Marco Pierallini N/A 1984 $90 M
384+
Lucca
2500+ Reviews
1.2K +
IBM Planning Analytics IBM Planning Analytics 8.9 Kwame Awuku N/A 1983 $800 M
5,000+
New York 2400+ Reviews
175 +
Board CPM Board CPM 8.8 Giovanni Grossi N/A 1994 $83.2 M
500+
Chiasso
1888+ Reviews
3.5K +
Vena Solutions Vena Solutions 8.8 Hunter Madeley N/A 2011 $1.7 M
391+
Toronto 2000+ Reviews
350 +

Reviews

“ Awesome tool to manage budget and planning ”

8/10 (overall) - Madhukeshwari S.
Pros
  • You can do forecasts with the power of SPSS.
  • Integrated business planning with use of Workflows
Cons
  • Lack of resources across IBM who can help you when you get stuck.
  • User-friendly messages can help find the exact feature we are looking for.

“ A predictive/analysis software at fist class ”

9/10 (overall) - Luigi S.
Pros
  • Express Edition allows to start small and scale to meet requirements.
  • IBM Planning Analytics offers fast and easy dashboards development and data synchronization
Cons
  • Local support here in Pakistan is not available.
  • PAW workflow (data input)

“ Great CPM enterprise software ”

9.5/10 (overall) - Verified Reviewer
Pros
  • PAX, data visualization. Many users prefer Excel and Cognos 11 offers PAX with various reports
  • Writing processes in PAW is now much easier than in Cognos10. Library offers all definitions.
Cons
  • Connections to other sources (DBs)
  • Interconnection with browsers. In some browsers need to work on setup to properly run PAW or, in general, Cognos 11 objects. Need improved tutorials on this.

Features

  • Access Control
  • Analytics
  • API
  • Accounting Intergration
  • Application Integration
  • Automated Billing
  • CRM Integration
  • Campaign Analysis
  • Campaign Management
  • Collaborative Workspace
  • Collaboration Tools
  • Team Collaboration
  • Security
  • Email Notifications

Images & Videos

Q & A

Q. How much does it cost to purchase IBM Planning Analytics?

Primarily, IBM Planning Analytics’ pricing starts at $45 per month, wherein you can have the app according to three common pricing models, which are Perpetual License, Subscription, and Commercial open source. However, there are some additional costs that you need to consider before purchasing, such as data migration, training, customization, and IBM Planning Analytics support.

 

Q. What's the estimated cost of IBM Planning Analytics' customization?

The cost of IBM Planning Analytics’ customization mainly depends on how much customization is needed and how many systems you want to integrate into. So that you can calculate the estimated cost of customization, here are the following guides that you can freely refer: For minimal customization, which integrates with 1-2 systems, the cost would run at around $2,500. For standard customization, which integrates with 3-5 systems, the cost would be $10,000. For a fully customized system with more than five system integrations, it costs $25,000.

Q. What business size does IBM Planning Analytics cater to?

IBM Planning Analytics was designed to fit different business types from the small, medium, to large businesses. There’s no need for you to worry about your operation’s specifications, for IBM Planning Analytics also provides a flexible solution to meet your goals and outcomes. Hence, make sure to contact IBM Planning Analytics today, and see how the application can work on your end.

 

Q. What's new in the latest IBM Planning Analytics 2.0.9.2?

IBM Planning Analytics version 2.0.9.2 includes updates for IBM TM1 Server version 11.8.1. Newly updated features are now introduced in the latest IBM Planning Analytics 2.0.9.2, such as TM1 Server, TM1 Web, TM1 Performance Modeler, and Cognos Insight.