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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
6th
Average Rating
8.4
Reviews Sentiment
7.0
Number of Reviews
26
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 January 2026, in the Business Performance Management category, the mindshare of IBM Planning Analytics is 4.9%, down from 9.2% compared to the previous year. The mindshare of Jedox is 4.1%, down from 4.6% compared to the previous year. It is calculated based on PeerSpot user engagement data.
Business Performance Management Market Share Distribution
ProductMarket Share (%)
IBM Planning Analytics4.9%
Jedox4.1%
Other91.0%
Business Performance Management
 

Featured Reviews

Bhavna Aarna - PeerSpot reviewer
Senior Software Engineer at J.P Morgan
Planning has become faster and financial teams collaborate seamlessly on annual budgets
The planning efficiency with IBM Planning Analytics is very quick, and data processing can be done efficiently. I also appreciate that it is an AI-based tool for our business, which software mainly focuses on business planning and future forecasting. The best features of IBM Planning Analytics include that the software helps us in doing budget planning. 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. IBM Planning Analytics has positively impacted my organization as we have noticed specific improvements since we started using it. We are able to forecast the budget for the entire year with significant time savings. All the complex data is easily processed, and with Excel add functionality, it is easier to have all the data in one place, which can be read by pivot or data visualization. The data protection protocols are well set up. Planning efficiency is very good as we can seamlessly plan and work on all budgets on time. By using IBM Planning Analytics, we have been able to automate manual processes, where we have saved time, especially through automating dashboards. It has also increased the activity of the planning team and provided us with ad hoc reporting capabilities.
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

"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."
"Its stability helps controllers win time in their planning processes."
"Navigating through the data to make analysis is really quick."
"The most valuable features of IBM Planning Analytics for streamlining planning processes include a unified database where all data are centralized."
"The scenario modeling capabilities are frequently used to create different scenarios, compare them, and see which action leads to which result."
"All the different platforms are well integrated."
"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."
"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 system is quite flexible. Based on our requirements, we create different cubes that can help us to do complete planning."
"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."
"We use the tool for performance management and planning."
"The ease of reporting is one of Jedox's most valuable features."
"The solution is very versatile."
"The data entry point is most valuable. The way we can customize our report or do data entry is very good."
"The main strength of Jedox lies in mastering the navigation, especially the Excel add-in."
 

Cons

"If we talk only about the TM1 engine, it's quite rich and possibly too rich, making it complex to perform simple tasks."
"It would have been better if the solution was not just a tool kit."
"IBM is behind competitors like Tableau and Power BI in terms of visualization. Their visuals are less innovative and practical with fewer varieties."
"The dashboard is very poor and needs a lot of improvement."
"The local authentication part is difficult to manage in the product, making it an area where improvements are required."
"The tool's transport layer could be improved when promoting development between environments."
"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."
"It's wonky, and not super user-friendly with Excel."
"I don't find it particularly user-friendly."
"There is room for improvement in the scalability. It is a very massive tool. It's not easy to just build everything yourself."
"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."
"Jedox should improve the design and server issues."
"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."
"Being an analytical solution, it should have more visualization options like graphs. When we are putting it, it should have more options. The UI can be made more modernized based on today's market. Sometimes, when we are doing heavy reports or dashboarding, there is a bit of a performance issue because it is pulling up a huge amount of data. That can be improvised by buffer memory and getting some buffer memory feature into it. It is a bit complex because it is a CPM solution. It helps you to get the information based on the different tools that we are using, which is a bit of a complex thing. It is not as easy as Microsoft Power BI. 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. It took about eight months to do the complete implementation. We got some training from the partner and the Jedox team, which helped us later on in pulling things forward, but too much learning is required, and too many possibilities are there."
"The solution should enable a modern look and feel in the front end."
 

Pricing and Cost Advice

"Compared with the other tools in the market, IBM Planning Analytics is a bit expensive."
"The license of this solution is paid annually. Most of my customers choose a license that includes support."
"I would rate the tool's pricing a nine out of ten since it's expensive."
"It is a bit expensive, but you get what you are paying for."
"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."
"Our licensing cost is approximately $50,000.00 per year."
"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."
"Jedox was a bit cheaper compared to Calumo."
"Excellent value for money."
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Top Industries

By visitors reading reviews
Financial Services Firm
17%
Manufacturing Company
11%
Retailer
9%
Insurance Company
5%
Comms Service Provider
10%
Computer Software Company
10%
Aerospace/Defense Firm
9%
Financial Services Firm
8%
 

Company Size

By reviewers
Large Enterprise
Midsize Enterprise
Small Business
By reviewers
Company SizeCount
Small Business16
Midsize Enterprise4
Large Enterprise12
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...
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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: December 2025.
881,082 professionals have used our research since 2012.