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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
4th
Average Rating
8.4
Reviews Sentiment
7.0
Number of Reviews
28
Ranking in other categories
No ranking in other categories
Jedox
Ranking in Business Performance Management
12th
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 February 2026, in the Business Performance Management category, the mindshare of IBM Planning Analytics is 4.5%, down from 9.1% compared to the previous year. The mindshare of Jedox is 4.0%, down from 4.7% compared to the previous year. It is calculated based on PeerSpot user engagement data.
Business Performance Management Market Share Distribution
ProductMarket Share (%)
IBM Planning Analytics4.5%
Jedox4.0%
Other91.5%
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.
Riyaz Halani - PeerSpot reviewer
Financial Controller at Zalando SE
Powerful BI tool for analyzing financial performance and stable performance
I would rate the scalability of Jedox a seven out of ten. There is room for improvement in the scalability. It is a very massive tool. It's not easy to just build everything yourself. So that's where the main improvements lie—making it easy for people to not depend on just technical finance teams. There are almost 50 to 60 users using Jedox in our organization.

Quotes from Members

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

Pros

"The tool is flexible."
"We cut down on manual budgeting and forecasting work, which saved us between 50 to 70% of our time."
"The ease of use is valuable. The fact that it's plugged into Excel spreadsheets is also valuable. It provides additional functionality where you can slice and dice the information in a way that you can't do with spreadsheets"
"Navigating through the data to make analysis is really quick."
"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."
"This level of stability is crucial for a product like Cognos TM1, as using an unstable platform would result in loss of time."
"A lot of the platform is in-memory, so Planning Analytics can run calculations quite fast. It also offers several user interfaces. And in the newest version of Planning Analytics, there is a new one called the Planning Analytics Workspace. Maybe it could be useful for the business side."
"The main strength of Jedox lies in mastering the navigation, especially the Excel add-in."
"We can configure and have complete freedom while creating solutions."
"The customer porting is the most valuable feature."
"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."
"The ETL function simplifies many tasks."
"The EPM is the most valuable feature."
"The system is quite flexible. Based on our requirements, we create different cubes that can help us to do complete planning."
"The Excel interface is designed to retrieve data from the database and send it back, which is a significant advantage."
 

Cons

"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."
"Adding predefined templates could be beneficial."
"It's wonky, and not super user-friendly with Excel."
"Extracting data is a little slow."
"The tool's transport layer could be improved when promoting development between environments."
"The local authentication part is difficult to manage in the product, making it an area where improvements are required."
"It would have been better if the solution was not just a tool kit."
"It is a bit expensive, but it does the job."
"There is not much training for Jedox."
"From a development perspective, there's room for improvement in the area called the designer, where you actually build your reports to make it easier to manage the process."
"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."
"There is room for improvement in the scalability. It is a very massive tool. It's not easy to just build everything yourself."
"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."
"More emphasis is needed on the availability of the learning aspect of the solution. Because unless you take up their course that enables you to be an expert in creating the report, you must seek help."
"Visualization is something they need to improve. We have already told them about this, and they should be working on it."
"Jedox should improve the design and server issues."
 

Pricing and Cost Advice

"It is a bit expensive, but you get what you are paying for."
"The license of this solution is paid annually. Most of my customers choose a license that includes support."
"Our licensing cost is approximately $50,000.00 per year."
"I would rate the tool's pricing a nine out of ten since it's expensive."
"Compared with the other tools in the market, IBM Planning Analytics is a bit expensive."
"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."
"IBM Planning Analytics is priced well, and licensing costs are yearly."
"Jedox was a bit cheaper compared to Calumo."
"We paid a one-time fee, which included product purchase, licensing, and first-time implementation. We are paying for the maintenance regularly."
"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."
"The solution's pricing is specific to your requirements."
"The product’s pricing will not be suitable for setting up a small solution."
"Excellent value for money."
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Top Industries

By visitors reading reviews
Financial Services Firm
17%
Manufacturing Company
11%
Retailer
9%
Educational Organization
5%
Comms Service Provider
11%
Computer Software Company
9%
Manufacturing Company
9%
Aerospace/Defense Firm
9%
 

Company Size

By reviewers
Large Enterprise
Midsize Enterprise
Small Business
By reviewers
Company SizeCount
Small Business16
Midsize Enterprise4
Large Enterprise15
By reviewers
Company SizeCount
Small Business6
Midsize Enterprise3
Large Enterprise4
 

Questions from the Community

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...
Ask a question
Earn 20 points
 

Comparisons

 

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: February 2026.
881,733 professionals have used our research since 2012.