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IBM Planning Analytics vs Jedox comparison

 

Comparison Buyer's Guide

Executive SummaryUpdated on Dec 19, 2024

Review summaries and opinions

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

Categories and Ranking

IBM Planning Analytics
Ranking in Business Performance Management
5th
Average Rating
8.4
Reviews Sentiment
7.1
Number of Reviews
28
Ranking in other categories
No ranking in other categories
Jedox
Ranking in Business Performance Management
13th
Average Rating
8.0
Reviews Sentiment
6.7
Number of Reviews
13
Ranking in other categories
No ranking in other categories
 

Mindshare comparison

As of August 2026, in the Business Performance Management category, the mindshare of IBM Planning Analytics is 4.1%, down from 9.8% compared to the previous year. The mindshare of Jedox is 3.1%, down from 4.8% compared to the previous year. It is calculated based on PeerSpot user engagement data.
Business Performance Management Mindshare Distribution
ProductMindshare (%)
IBM Planning Analytics4.1%
Jedox3.1%
Other92.8%
Business Performance Management
 

Featured Reviews

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.
AG
Manager, Finance and Business Intelligence at NIDA Theatres
The solution provides dynamic reports while being easy to use
There is not much training for Jedox. There was no training available in the beginning at all. I had to reach out to them so they would give us something. I think they're getting better, though. The other issue is the dependence on the partner network. We used to deal directly with Jedox, but now it is all through partners, and Jedox's representatives are not in the picture anymore. It's not that partners are not doing a good job, but you're not dealing with the company directly since it's a partner most of the time. If you build your know-how within the company, it's good. Otherwise, the dependence on partners could end up being more costly. Suppose you do your development or don't need to develop constantly by starting with a sprint, deciding what you want to do, and setting up the cubes, databases, and everything correctly. In that case, you only need to develop different reports using the same data. However, it could be costly if you constantly need to develop reports or different cubes and store different systems without the in-house know-how.

Quotes from Members

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

Pros

"IBM Planning Analytics can help us build scenarios through a sandbox environment, allowing us to test multiple variables and assess their impact on our budget and planning."
"IBM Planning Analytics has positively impacted my organization by saving time from manual data processing and serving as a great and helpful tool."
"What I appreciate most about IBM Planning Analytics is that we no longer make mistakes when we do our forecast and planning."
"The flexibility of IBM Planning Analytics is a great feature of this solution. The design flexibility with data rules and defining calculations The ability to combine online and offline calculations are a benefit. Additionally, the forecasting features and predictive analytics is very good."
"The scenario modeling capabilities are frequently used to create different scenarios, compare them, and see which action leads to which result."
"The most valuable feature is that it is able to slice and dice the data."
"The most valuable features of IBM Planning Analytics for streamlining planning processes include a unified database where all data are centralized."
"IBM Planning Analytics is easy to use and deploy. It is quick to develop. The calculation machine is also very fast."
"The EPM is the most valuable feature."
"The ETL function simplifies many tasks."
"The customer porting is the most valuable feature."
"The main strength of Jedox lies in mastering the navigation, especially the Excel add-in."
"The solution is quick with analysis and calculation. The tool offers high digitalization which helps us to run the controlling department with less number of people. If the software wasn't there, I would need two to three people extra to run the department."
"We use the tool for performance management and planning."
"The data entry point is most valuable, and the way we can customize our report or do data entry is very good."
"The ease of reporting is one of Jedox's most valuable features."
 

Cons

"Given the fact that IBM Planning Analytics is quite pricey in terms of the cost for the subscription and the monthly subscription, we just did the first-tier plan where we are only allowed to have five users at a time."
"Data visualization and development interface are areas which need to be worked on."
"The disadvantage is the old-fashioned surface of IBM Cognos TM1."
"The new frontend Planning Analytics Workspace is not very good, it could be improved. I like the Planning Analytics functionality but it would be helpful if it could be more customizable. You can create a prediction and receive information but you cannot do feature engineering regarding the predictive models. If this was added it would be helpful."
"The tool should include features for prediction. It can also improve the scalability."
"Improvement is needed in IBM Planning Analytics because it requires a lot of time to learn and master."
"IBM is behind competitors like Tableau and Power BI in terms of visualization. Their visuals are less innovative and practical with fewer varieties."
"Adding predefined templates could be beneficial."
"The solution needs to improve its support. The visualization in Microsoft BI is more modern and comfortable than Jedox's. I would expect something similar with the solution."
"The tool has changed its pricing and it's now too expensive for small and medium organizations. I miss the open-source version which was free and we could do a lot of things with it."
"I think it's the design of the report because the design and the UI for the report is standard and lame. When you see a Jedox report, it doesn't seem like it's from today, because the technology is something from the last decade. The scalability needs improvement."
"I don't find it particularly user-friendly."
"There is not much training for Jedox."
"Visualization is something they need to improve. We have already told them about this, and they should be working on it."
"It is also not that easy as an implementation piece. It takes time to convert the business requirement into the proper solutions in the tool, which is time-consuming."
"Online pixel-perfect reporting is an aspect that has room for improvement."
 

Pricing and Cost Advice

"I would rate the tool's pricing a nine out of ten since it's expensive."
"Our licensing cost is approximately $50,000.00 per year."
"The license of this solution is paid annually. Most of my customers choose a license that includes support."
"IBM Planning Analytics is priced well, and licensing costs are yearly."
"IBM Planning Analytics is not the cheapest solution, but it's priced per the market standard for this type of solution. I rate the price at seven out of ten."
"Compared with the other tools in the market, IBM Planning Analytics is a bit expensive."
"It is a bit expensive, but you get what you are paying for."
"The solution's pricing is specific to your requirements."
"The product’s pricing will not be suitable for setting up a small solution."
"Jedox was a bit cheaper compared to Calumo."
"If you are using SAP, then you will have to take an SAP Connector license. The license across the tool is paying for the people who are using it as an admin or as a normal user. They can work out those costs in a manner that can help. This can also be a point of improvement where they can work out the costing, and the developers have a specific licensing cost. The normal users, who are going to do probably data entry or just going to view the dashboard, can have a separate license cost."
"Excellent value for money."
"We paid a one-time fee, which included product purchase, licensing, and first-time implementation. We are paying for the maintenance regularly."
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Top Industries

By visitors reading reviews
Financial Services Firm
15%
Manufacturing Company
10%
Retailer
10%
Outsourcing Company
6%
Comms Service Provider
13%
Computer Software Company
10%
Aerospace/Defense Firm
9%
Manufacturing Company
8%
 

Company Size

By reviewers
Large Enterprise
Midsize Enterprise
Small Business
By reviewers
Company SizeCount
Small Business18
Midsize Enterprise4
Large Enterprise18
By reviewers
Company SizeCount
Small Business6
Midsize Enterprise3
Large Enterprise4
 

Questions from the Community

What is your experience regarding pricing and costs for IBM Planning Analytics?
Regarding pricing, the cost is high compared to the competitors of IBM Planning Analytics, but given that we as an organization already use IBM, we decided to go for IBM Planning Analytics. We did ...
What needs improvement with IBM Planning Analytics?
I have found that IBM Planning Analytics is flexible in the sense that you can customize the platform, customize calculations, and customize your models. However, your ability to do that when you w...
What is your primary use case for IBM Planning Analytics?
We rely on IBM Planning Analytics for our monthly forecast because it is modular, making it essential for tracking and managing our monthly, quarterly, and yearly forecasts. We use it mostly for fo...
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Earn 20 points
 

Also Known As

Cognos TM1, IBM Cognos TM1
Jedox EPM
 

Overview

 

Sample Customers

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
BP, Fiat, Carrefour, Continental, Allianz, Bacardi, McDonald’s, Netafim, Swiss Post, Telstra, Suzuki, Vodafone, University of Western Australia, Unilever
Find out what your peers are saying about IBM Planning Analytics vs. Jedox and other solutions. Updated: August 2026.
908,834 professionals have used our research since 2012.