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Alteryx vs IBM Planning Analytics comparison

 

Comparison Buyer's Guide

Executive Summary

Review summaries and opinions

We asked business professionals to review the solutions they use. Here are some excerpts of what they said:
 

ROI

Sentiment score
7.0
Alteryx offers a high ROI with reduced manual effort, improved efficiency, and cost savings despite its high price.
Sentiment score
7.3
IBM Planning Analytics boosts ROI by enhancing budgeting, analysis, and productivity but faces affordability issues due to increased pricing.
Tasks that earlier took hours in Excel or SQL are now completed in minutes.
Senior Rpa Consultant at Accely Consulting
Alteryx helps familiarize managers with artificial intelligence-driven possibilities.
Chief Information Officer at granistr
I have seen a return on investment, as the accuracy has really improved in my organization since everything is automated.
Team Lead Manager at Finlays
Since using this tool, I can now make decisions faster, even when there is just a small change in the data.
Key Account Manager at DHL
 

Customer Service

Sentiment score
7.3
Alteryx support is reliable with an active community, though some users experience slow responses without premium access.
Sentiment score
7.0
IBM Planning Analytics support is responsive and efficient, rated highly by users, yet there's room for faster direct resolutions.
I contacted customer support once or twice, and they were quick to respond.
Experience Technocrat driving IT initiatives at WISDOMBOWL
The customer service was not good because we weren't premium support users.
Senior Capacity Planner at a financial services firm with 10,001+ employees
Customer support is good since I've had no issues and can easily contact representatives who respond promptly.
Chief Information Officer at granistr
We have a multi-level support system, with the initial level handled by the company we bought the license from and subsequent support from IBM.
Responsable B.I at a retailer with 51-200 employees
Instead, we rely on third-party partners recognized by IBM, who provide cost-effective support.
Financial Performance Manager at a retailer with 1,001-5,000 employees
They have been very dedicated and provided top-notch solutions.
Senior Software Engineer at a financial services firm with 10,001+ employees
 

Scalability Issues

Sentiment score
7.2
Alteryx scales well, managing large data and users across departments, though expansion may raise cost concerns.
Sentiment score
7.9
IBM Planning Analytics offers high scalability, efficiently managing data with real-time handling and flexibility for small to enterprise businesses.
Alteryx is scalable for most enterprise analytics and data preparation workloads.
Senior Rpa Consultant at Accely Consulting
Alteryx is scalable, and I would give it eight out of ten.
Experience Technocrat driving IT initiatives at WISDOMBOWL
IBM Planning Analytics' scalability is impressive, as it is able to gather data from multiple sources and handle huge amounts of data without any lagging or downtime.
Team Lead Manager at Finlays
Scalability is quite hard to implement in TM1, largely since the on-premise installation chosen back in 2014.
Responsable B.I at a retailer with 51-200 employees
Scalability is straightforward but it is pricey since it's a SaaS model priced per user.
Financial Performance Manager at a retailer with 1,001-5,000 employees
 

Stability Issues

Sentiment score
7.9
Alteryx is praised for stability and efficiency, handling large datasets well, with minor bugs rarely affecting performance.
Sentiment score
7.9
IBM Planning Analytics offers stability and reliable performance for forecasting, with occasional fixable issues requiring vendor support.
I didn't need to reach out to Alteryx for support because available documents usually provide enough information to resolve issues.
Software Engineer at a computer software company with 10,001+ employees
I have not encountered any lagging, crashing, or instability in the system during these three months of usage.
Legal Coordinator at a transportation company with 10,001+ employees
The performance of IBM Planning Analytics has always been fast and reliable for my needs, even when dealing with huge volumes of data.
Key Account Manager at DHL
This stability is really important as we use it for budget calculation, which is time-consuming.
Responsable B.I at a retailer with 51-200 employees
IBM Planning Analytics is stable because the reason we switched from IBM Cognos is that IBM Planning Analytics capability allows us to connect to multiple tools, which we could not do before.
Senior Software Engineer at a financial services firm with 10,001+ employees
 

Room For Improvement

Alteryx could benefit from better visualization, integration, user-friendliness, pricing, large dataset performance, cloud integration, and documentation improvements.
Users recommend improving IBM Planning Analytics usability, interface design, automation, integration, performance, scalability, offline access, and reducing upgrade frequency.
The tool could include more native connectors, such as for global ERPs, instead of requiring additional fees for these connections.
Legal Coordinator at a transportation company with 10,001+ employees
The support structure changed; initially, we received great support, however, it later became less reliable due to licensing issues and a tiered support system.
Senior Capacity Planner at a financial services firm with 10,001+ employees
The additional features that Alteryx needs to work on to make it more competitive include better collaboration and easier integration through API.
Senior Consultant at a consultancy with 201-500 employees
The abundance of features results in complexity, requiring strict guidelines for developers to ensure simplistic approaches are adhered to.
Responsable B.I at a retailer with 51-200 employees
IBM's visualization needs significant improvement.
Financial Performance Manager at a retailer with 1,001-5,000 employees
The advanced features are somewhat complex to understand, and if the data set is very large, it takes a lot of time to process, which causes performance to become slower.
Senior Software Engineer at a financial services firm with 10,001+ employees
 

Setup Cost

Alteryx offers powerful analytics for enterprises, but costs are high; discounts and careful budgeting are recommended to maximize ROI.
IBM Planning Analytics offers flexible licensing models and competitive pricing, with consulting fees impacting overall costs significantly.
The price is very high, with licensing typically starting around five thousand dollars plus user per year.
Senior Rpa Consultant at Accely Consulting
Alteryx is more cost-effective compared to Informatica licenses, offering savings.
Software Engineer at a computer software company with 10,001+ employees
It has a fair price when considering a larger-scale implementation.
Legal Coordinator at a transportation company with 10,001+ employees
TM1 is quite expensive, and I'd rate the pricing as an eight out of ten.
Responsable B.I at a retailer with 51-200 employees
While IBM's solutions were costly before, the introduction of SaaS models has reduced prices significantly.
Financial Performance Manager at a retailer with 1,001-5,000 employees
My experience with pricing, setup cost, and licensing for IBM Planning Analytics is that the pricing and licensing cost can be somewhat on the higher side, especially for small organizations.
Senior Software Engineer at a financial services firm with 10,001+ employees
 

Valuable Features

Alteryx provides an intuitive, codeless interface for data blending, predictive analytics, and automation, enhancing workflow efficiency and integration.
IBM Planning Analytics provides fast calculations, customization, Excel integration, and automation for efficient financial performance management and data analysis.
Alteryx not only represents data but also supports decision-making by suggesting the next steps.
Chief Information Officer at granistr
Analysts who do not have any coding experience can still work on the transformation and preparation of data, which is quite useful.
Senior Consultant at a consultancy with 201-500 employees
Alteryx includes built-in tools such as drive time analysis and linear regression, which are much harder to achieve in standard BI tools such as Power BI or Tableau.
Senior Rpa Consultant at Accely Consulting
Its stability helps controllers win time in their planning processes.
Responsable B.I at a retailer with 51-200 employees
It also integrates machine learning and AI engines, enabling us to use algorithms for inventory forecasting which optimizes our inventory and replenishment rates.
Financial Performance Manager at a retailer with 1,001-5,000 employees
Some of the valuable features of IBM Planning Analytics are its intuitive and user-friendly interface, reporting output and scheduling, access control and security, and mobile capabilities.
Senior Software Engineer at a financial services firm with 10,001+ employees
 

Categories and Ranking

Alteryx
Average Rating
8.4
Reviews Sentiment
7.0
Number of Reviews
84
Ranking in other categories
Predictive Analytics (1st), Data Science Platforms (6th), Data Preparation Tools (1st)
IBM Planning Analytics
Average Rating
8.4
Reviews Sentiment
7.0
Number of Reviews
28
Ranking in other categories
Business Performance Management (4th)
 

Mindshare comparison

While both are Business Intelligence solutions, they serve different purposes. Alteryx is designed for Predictive Analytics and holds a mindshare of 7.6%, down 23.0% compared to last year.
IBM Planning Analytics, on the other hand, focuses on Business Performance Management, holds 4.5% mindshare, down 9.1% since last year.
Predictive Analytics Market Share Distribution
ProductMarket Share (%)
Alteryx7.6%
Anaplan7.3%
SAP Analytics Cloud6.9%
Other78.2%
Predictive Analytics
Business Performance Management Market Share Distribution
ProductMarket Share (%)
IBM Planning Analytics4.5%
Anaplan6.9%
CCH Tagetik5.1%
Other83.5%
Business Performance Management
 

Featured Reviews

Rajneesh Prajapati - PeerSpot reviewer
Senior Rpa Consultant at Accely Consulting
Time-saving workflows have transformed data preparation and predictive analysis for my team
Some of the best features Alteryx offers are its no and low-code capabilities. It delivers massive time-saving and includes spatial and predictive analysis. Alteryx includes built-in tools such as drive time analysis and linear regression, which are much harder to achieve in standard BI tools such as Power BI or Tableau. In addition to these features, Alteryx provides built-in spatial tools that can calculate drive time and location-based insights with minimal effort through drag-and-drop spatial tools, low complex coding, faster, and more accurate results. Linear regression predicts sales based on marketing spend, estimates costs based on usage, and identifies trends in historical data. Alteryx has positively impacted my organization by saving time, improving accuracy, and enabling better decision-making. Using Alteryx, complex tasks such as data cleansing, joining datasets, drive time analysis, and linear regression can be done much faster compared to manual Excel or SQL work. This reduces dependency on manual effort and lowers the risk of human error. Drive time analysis helps my organization make better location-based decisions, such as identifying optimal service areas or improving customer reach.
Gladys Njeri - PeerSpot reviewer
Key Account Manager at DHL
Data-driven planning has transformed financial decisions and now saves major reporting time
IBM Planning Analytics helps with collaboration between teams by allowing us to gather data from various departments, analyze it, and collaborate on the data to make data-driven decisions between different departments easily. As I mentioned previously, I mainly use IBM Planning Analytics to visualize the existing data to generate meaningful report dashboards and use it during stakeholder meetings to arrive at the right decision. The best features IBM Planning Analytics offers include budgeting, forecasting, and what-if scenario analysis. The scenario modeling feature in IBM Planning Analytics is probably the most robust planning and forecasting solution we use, especially for what-if scenarios, where we are able to forecast using Watson Studio, which helps in better prediction. I really appreciate the Excel integration in IBM Planning Analytics because it keeps things familiar and adds more power.
report
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Top Industries

By visitors reading reviews
Financial Services Firm
21%
Manufacturing Company
9%
Computer Software Company
7%
Retailer
5%
Financial Services Firm
17%
Manufacturing Company
11%
Retailer
9%
Educational Organization
5%
 

Company Size

By reviewers
Large Enterprise
Midsize Enterprise
Small Business
By reviewers
Company SizeCount
Small Business32
Midsize Enterprise15
Large Enterprise53
By reviewers
Company SizeCount
Small Business16
Midsize Enterprise4
Large Enterprise15
 

Questions from the Community

What is the Biggest Difference Between Alteryx and IBM SPSS Modeler?
One of the differences is that with Alteryx you can use it as an ETL and analytics tool. Please connect with me directly if you want to know more.
What is the Biggest Difference Between Alteryx and IBM SPSS Modeler?
Alteryx is an extremely easy and flexible data tool, flexible in terms of drag and drop toolset and also has python, R integrations if your team requires this. It can handle over 2 billion rows of...
What is the Biggest Difference Between Alteryx and IBM SPSS Modeler?
I am not familiar with IBM SPSS Modeler, therefore, I cannot compare these two products. Regarding Alteryx I can say the following: - An excellent desktop tool for Data Prep and analytics. - Featu...
What do you like most about IBM Planning Analytics?
The most valuable features of IBM Planning Analytics for streamlining planning processes include a unified database where all data are centralized.
What is your experience regarding pricing and costs for IBM Planning Analytics?
While IBM's solutions were costly before, the introduction of SaaS models has reduced prices significantly. Comparatively, IBM rates may be better than those of competitors, such as Hyperion ( /pro...
What needs improvement with IBM Planning Analytics?
IBM is behind competitors like Tableau ( /products/tableau-reviews ) and Power BI in terms of visualization. Their visuals are less innovative and practical with fewer varieties. IBM's visualizatio...
 

Also Known As

No data available
Cognos TM1, IBM Cognos TM1
 

Overview

 

Sample Customers

AnalyticsIq Inc., belk, BloominBrands Inc., Cardinalhealth, Cineplex, Dairy Queen
ManpowerGroup, Convergys, AIG, Orchard Brands, Citibank, InterGen, Northwestern University, EF Education First, Ironside, Bazan Group, CSOB Insurance, Macquarie Group, Charles Stanley, SATO, Government of Sint Maarten, BMW Financial Services
Find out what your peers are saying about Alteryx, Anaplan, SAP and others in Predictive Analytics. Updated: January 2026.
881,733 professionals have used our research since 2012.