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IBM Planning Analytics Reviews

Vendor: IBM
4.2 out of 5
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What is IBM Planning Analytics?

IBM Planning Analytics is an integrated planning solution that uses AI to automate planning, budgeting, and forecasting and drive more intelligent workflows.

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IBM Planning Analytics is the #6 ranked solution in top Business Performance Management solutions. PeerSpot users give IBM Planning Analytics an average rating of 8.4 out of 10. IBM Planning Analytics is most commonly compared to Domo: IBM Planning Analytics vs Domo. IBM Planning Analytics is popular among the large enterprise segment, accounting for 63% of users researching this solution on PeerSpot. The top industry researching this solution are professionals from a financial services firm, accounting for 17% of all views.
Buyer's Guide
IBM Planning Analytics
January 2026
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IBM Planning Analytics mindshare

As of January 2026, the mindshare of IBM Planning Analytics in the Business Performance Management category stands at 4.9%, down from 9.2% compared to the previous year, according to calculations based on PeerSpot user engagement data.
Business Performance Management Market Share Distribution
ProductMarket Share (%)
IBM Planning Analytics4.9%
Anaplan7.4%
CCH Tagetik5.7%
Other82.0%
Business Performance Management

PeerResearch reports based on IBM Planning Analytics reviews

TypeTitleDate
CategoryBusiness Performance ManagementJan 26, 2026Download
ProductReviews, tips, and advice from real usersJan 26, 2026Download
ComparisonIBM Planning Analytics vs Oracle HyperionJan 26, 2026Download
ComparisonIBM Planning Analytics vs AnaplanJan 26, 2026Download
ComparisonIBM Planning Analytics vs Oracle Planning and Budgeting CloudJan 26, 2026Download
Suggested products
TitleRatingMindshareRecommending
Domo3.92.1%85%47 interviewsAdd to research
Anaplan4.17.4%97%35 interviewsAdd to research
 
 
Key learnings from peers
Last updated Jan 25, 2026

Valuable Features

IBM Planning Analytics offers designability and flexibility, enabling complex requirements and real-time calculations. It integrates seamlessly with Excel, supports in-memory processing, and allows data slicing. Features include predictive analytics, sandboxing, forecasting, machine learning, and integration with diverse data sources. Users appreciate its ease of use, fast calculations, and centralized data storage. Its flexibility allows for customized budgeting, planning, reporting, and enhances management control with collaboration tools, reducing manual data entry significantly.
  • "IBM Planning Analytics is essential for creating a clear budget for our organization so that we can reach our future goals without significant loss."
  • "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."
  • "Its stability helps controllers win time in their planning processes."

Room for Improvement

IBM Planning Analytics needs improved integration within the Cognos suite, streamlined pricing, enhanced data visualization, and a modern user interface. Complex configurations and automation challenges, particularly with feeders, detract from the overall user experience. The CAFE plug-in requires development to meet the capabilities of its predecessor, Perspectives. Pre-packaged functionalities and predefined templates would increase usability. Enhancing scalability and visualization compared to competitors like Tableau is essential, as well as simplifying installation and configuration processes.
  • "IBM Planning Analytics could be improved by simplifying the learning curve, as it requires a lot of time to learn and master it."
  • "IBM is behind competitors like Tableau and Power BI in terms of visualization. Their visuals are less innovative and practical with fewer varieties."
  • "Scalability is quite hard to implement in TM1, largely since the on-premise installation chosen back in 2014. On a scale, I'd rate scalability at four, out of ten. It's difficult."

ROI

IBM Planning Analytics enhances productivity by accelerating budgeting processes and minimizing manual data entry, leading to significant cost savings. Users appreciate improved predictability and insights, aiding decision-making. Despite benefits like reducing the need for separate reporting tools, rising costs in maintenance and renewals pose challenges. Users report quicker budget completion times and increased motivation among employees. The tool's ability to analyze large data volumes has decreased the requirement for extensive control departments and operational costs.

Pricing

IBM Planning Analytics pricing varies with consulting costs for setup reaching around 130,000 euros for six months. Licensing costs depend on the number and type of users, with an unlimited model available. Companies may spend approximately $50,000 annually on licenses. Though not the cheapest, it's priced according to market standards and offers a good ROI. SaaS models have reduced costs, making IBM's solution competitive against rivals like Hyperion and SAP's Business Objects. Annual renewals include support.
  • "Compared with the other tools in the market, IBM Planning Analytics is a bit expensive."
  • "IBM Planning Analytics is priced well, and licensing costs are yearly."
  • "I would rate the tool's pricing a nine out of ten since it's expensive."

Popular Use Cases

Users employ IBM Planning Analytics primarily for budgeting, planning, and forecasting processes, integrating it with reporting functions like P&L and trial balance. It is favored for its capabilities in financial analysis, scenario management, cash flow adjustments, and resource allocation planning. Many connect it directly to Excel for seamless interaction. IBM Planning Analytics consistently caters to large companies, supporting varied business needs in sectors like finance and commercial planning.

Service and Support

Many find IBM Planning Analytics' support helpful, though response times vary. Some rate support as satisfactory, with average scores around seven or eight out of ten. Google searches and forums supplement IBM's assistance. Issues, when escalated, typically receive adequate solutions, though delays can occur. Some prefer third-party support for cost reasons. Overall, IBM's customer service is rated highly, with release notes praised and training deemed necessary for optimal use.

Deployment

Many described the initial setup of IBM Planning Analytics as complex, especially for those new to IT. However, some found it straightforward with the right licensing and infrastructure. Deployment times vary widely, from weeks to months, depending on complexity and client needs. Expertise in installation and integration is beneficial, often requiring specialized skills or third-party assistance. Though challenging, the setup leads to improved data accuracy and efficiency in financial tasks.

Scalability

IBM Planning Analytics is praised for its high scalability, often handling growth easily by aligning hardware with increasing demands. Most users experience no scalability challenges, though it can be pricey due to its per-user SaaS model. It supports a wide range from single-user tasks to thousands of tasks across enterprise businesses. Some customers find scalability straightforward albeit difficult in certain configurations. It is especially suited for large organizations, adapting well as companies grow.

Stability

IBM Planning Analytics is largely perceived as stable, with most users encountering minimal issues. Many consider it robust and suitable for forecasting and budgeting. However, initial versions had stability concerns that have since improved. Some users experience server shutdowns or performance lags with large data volumes. Support response delays were occasionally noted. Despite these obstacles, the platform's stability is frequently rated highly, given its importance in time-sensitive calculations like budgeting.
These insights are based on the in-depth reviews provided by peers to help you make a better buying decision.
Download our IBM Planning Analytics Buyer's Guide for additional reliable information.

Review data by company size

By reviewers
Company SizeCount
Small Business14
Midsize Enterprise4
Large Enterprise8
By reviewers
By visitors reading reviews
Company SizeCount
Small Business92
Midsize Enterprise92
Large Enterprise310
By visitors reading reviews

Top industries

By visitors reading reviews
Financial Services Firm
17%
Manufacturing Company
11%
Retailer
9%
Insurance Company
5%
Educational Organization
5%
Computer Software Company
5%
Government
4%
Real Estate/Law Firm
4%
Healthcare Company
4%
University
4%
Outsourcing Company
3%
Energy/Utilities Company
3%
Consumer Goods Company
3%
Comms Service Provider
3%
Construction Company
3%
Pharma/Biotech Company
2%
Media Company
2%
Wholesaler/Distributor
2%
Performing Arts
2%
Legal Firm
1%
Logistics Company
1%
Wellness & Fitness Company
1%
Non Profit
1%
Transportation Company
1%
Hospitality Company
1%
Marketing Services Firm
1%
Recreational Facilities/Services Company
1%
Mining And Metals Company
1%
Newspaper
1%
Aerospace/Defense Firm
1%

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Learn more about IBM Planning Analytics

Built on TM1, IBM’s powerful calculation engine, this enterprise performance management tool allows you to transcend the limits of manual planning and become the Analytics Hero your business needs. Quickly and easily drive faster, more accurate plans for FP&A, sales, supply chain and beyond.

IBM Planning Analytics was previously known as Cognos TM1, IBM Cognos TM1.

IBM Planning Analytics 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

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Product Categories

Product Categories
Business Performance Management

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IBM Planning Analytics Reviews Summary
Author infoRatingReview Summary
Responsable B.I at a retailer with 51-200 employees3.0I ensure our developments meet user needs and support newcomers. We use TM1 for budgeting and planning costs, benefiting from its stability. Although complex, TM1 aids our financial department, but its rich features can complicate simple tasks.
Financial Performance Manager at a retailer with 1,001-5,000 employees4.0We use IBM Planning Analytics for budgeting, planning, forecasting, and reporting. Its sandbox feature enables scenario testing, and it incorporates AI for inventory forecasting. However, its visualization tools are less advanced than competitors, requiring improvement.
Senior Software Engineer at J.P Morgan4.0I’ve used IBM Planning Analytics for two years to streamline budgeting and forecasting, benefiting from its efficiency and collaboration features, though it has a steep learning curve and can be slow with large datasets.
Junior Consultant at CMA CGM4.5I use IBM Planning Analytics for our company's budgeting process to manage scenarios based on user needs. While it's essential for finance managers to handle budgets and forecasts, managing local authentication needs improvement.
Senior Business Executive at Sophia4.5I found IBM Planning Analytics valuable for its centralized data storage and sandboxing features, which enhance planning processes and management control. Though templates could improve usability, it offers operational cost savings and better decision insights for large companies.
Managing Director at Steffens PANTA RHEI GmbH4.5I use IBM Planning Analytics mainly for planning, reporting, and forecasting. Its strengths include fast calculations, complex model building, data source integration, and flexibility with APIs. However, the workspace API needs better improvement and documentation.
Executive Partner at Beat2Lead GmbH4.5No summary available
Senior BI Consultant at T.C.C. Technology Company Limited4.5I use IBM Planning Analytics for testing and budgeting, finding it flexible but needing improvements in predictive features and scalability. I have not considered other solutions or specific cloud providers, and the return on investment has not been evaluated.