IBM Planning Analytics Reviews

I tried to implement IBM Planning Analytics on the cloud together with the services of IBM, and it didn't work well. We are using the solution predominantly on-premise.

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 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 new frontends could improve, the older ones were better. They come with a lot of weight; IBM Cognos Analytics is inbuilt, has a lot to install and maintain. A flexible, lightweight frontend, with high adaptability, is more important than a large heavy solution. In these heavy solutions, you have to maintain the installation, do a lot of configuration, and have to pay a lot of attention to the size of the installation.

I have been using IBM Planning Analytics for approximately 24 years.

IBM Planning Analytics is a stable solution.

The scalability of IBM Planning Analytics is good.

We have more than 100 users using this solution.

The technical support could improve. They are not very fast at responding to problems. I contacted them in July last year, and I received feedback in September.

The initial installation of IBM Planning Analytics is straightforward. The full implementation can take approximately four to five months.

We did the implementation of the solutions ourselves.

We use one person for the maintenance of this solution.

IBM Planning Analytics has had a competitive disadvantage in the last 10 years. The maintenance and renewals have become much more expensive. The overall price is has increased.

Historically it had a high return on investment, but IBM has increased prices and the maintenance too to a level that many customers are thinking to move to other solutions.

The license of this solution is paid annually. Most of my customers choose a license that includes support. 

I rate IBM Planning Analytics a nine out of ten.

We use the solution for testing and budgeting. 

The tool is flexible. 

The tool should include features for prediction. It can also improve the scalability. 

I have been working with the product for ten years. 

I would rate the product's scalability an eight out of ten.

I would rate the product's scalability a seven out of ten. 

The solution's setup takes six to eight months to complete. I would rate the product's setup an eight out of ten. 

I would rate  the tool's pricing a nine out of ten since it's expensive. 

We have enterprise customers for the solution. You can use the solution if you are looking for a flexible product. It's flexible to adapt to any business model or industry. 

I use Planning Analytics for sales and commercial planning schemes and monthly and quarterly forecasts for cash and budgets.

Planning Analytics' best features include automatic updates and slicing.

Planning Analytics could be improved by adding automation features.

I've been using Planning Analytics for four years.

Planning Analytics is stable.

Planning Analytics is easy to scale.

The initial setup was easy.

We used an in-house team.

I would recommend Planning Analytics to other users as it's user-friendly, accessible, and flexible. I'd give it a rating of nine out of ten.

We're a business partner of IBM. We resell Planning Analytics, and we have clients utilizing Planning Analytics.

Our clients really like it because they're able to do their budgeting, planning, and forecasting using it. It connects to their Cognos dashboard. We do the integration between different technologies with Cognos and TM1. We also do predictions with SPSS.

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.

We really like the flexibility of it. 

It is a bit expensive, but it does the job.

It is a stable solution.

It can scale big.

They've been very good with us and our clients. It has been fine.

It is easy to set it up. It has a familiar interface. It is like using the Excel interface.

It is a bit expensive, but you get what you are paying for.

It is a great tool. It is quite advanced. There is not really any other equivalent on the market right now. To implement this type of tool, you need to be surrounded by a good partner to make sure that you can benefit from it. 

Implementing TM1 is not just about financials. It is also about understanding the data structure and making sure that you have a good design in the backend to take full advantage of TM1.

I've been in this industry for about 30 years, and I really like Planning Analytics. I would rate it a 10 out of 10. It is absolutely one of the best.

It varies from client to client, but IBM Planning Analytics is used for budgeting processes in every case. In addition, some clients use it for reporting as a data source.

Some of our customers previously used Excel spreadsheets for budget planning, and the process took more than two months. However, after switching to Planning Analytics, they could do it in a week. And they were able to do multiple projections, like optimistic, pessimistic, realistic, etc.

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.

It's highly competitive right now, and all the vendors are in a race to put out new versions with additional features. IBM comes out with new versions too often, and it has an impact on quality.

I've been using IBM Planning Analytics for 10 years or more. Before, it was named TM1.

I think Planning Analytics is quite a stable solution.

IBM uses Planning Analytics. So if this huge company has a vast quantity of users working on it simultaneously, it must be scalable.

If we face some issues, we raise escalate tickets for IBM, and usually, they can find some temporary solution. We are the first-line support for our customers, but if we face some issue, we escalate tickets. But it's true for any comparable platform, like SAP BPC or Oracle Hyperion. So if we can face some tricky issues, we have to escalate tickets to the vendor.

All of the solutions have some complications when it comes to installation. In our company, we installed SAP BPC, Oracle Hyperion, and Planning Analytics. All of them can be tricky. Sometimes you can face some issues. And it also depends on what you're doing. For example, if you're installing everything on one PC, it will be fast and easy. But when you want to create a real, stable infrastructure with a distributed installation across multiple machines, it is a little more complex. We provide solutions for our customers, so we install everything for them.

If we look at the budgeting processes of companies that have implemented this solution, then I think you'll see ROI. This service lets customers finish their budgeting process faster, so they don't waste any time. It's capable of analyzing large amounts of data, so it's they can work more productively. At the same time, budget planning is used to motivate employees and help them achieve some goals. 

I rate IBM Planning Analytics eight out of 10.

Navigating through the data to make analysis is really quick.

It would have been better if the solution was not just a tool kit. They did not embed some functionalities already developed, we are having to develop them ourselves. It would be helpful to have pre-packaged data functionality already developed and the only thing you need to do is configure and use it. 

When I worked with IBM it was with a consulting company, I have made projects for many customers and we always developed starting from nothing. They have already begun to integrate AI into the prediction forecast for the future. This will give the possibility to have a predictive data based on AI. I would like to see more AI in future releases.

I have been using the solution for 11 years.

It is a stable product. We have customers that encounter issues, but we always fixed it. There are many projects that we have made, some of the companies have a lot of customers. They are in production in many sectors, such as bank sectors. The main problem is when the server shuts down without warning. It is our big nightmare.

It is a scalable solution.

I have contacted the support, they successfully resolved my issues. It took some time, but it was resolved. They could be faster on resolving issues.

It is complicated to install the solution. You need to consultant with special skills and experienced technical team. 

I would advise using consultants, it can be difficult to implement.

Basic level users cannot develop the application. However, you might manage to develop it, but you make a big risk that you will develop not following best practice. The cube population might be voluminous, and the calculation could be too slow if you do not respect some best practices.

I rate IBM Planning Analytics a seven out of ten.

I'm an accountant services finance manager and we are customers of IBM.

I like that the solution brings together a lot of data from different platforms and it's all integrated.

I'd like to see an increase in speed on extracting the data. That would be an improvement. 

It's a very stable solution. 

This is a scalable solution. 

I think the price is okay, of course it's always good to have a discount. 

I would rate this solution an eight out of 10. 

The primary use case of this solution is our budgeting tool, and actuals reporting.

The most valuable feature is that it is able to slice and dice the data.

It's wonky, and not super user-friendly with Excel. 

The use case is only by fiance, but It should be able to be used by the end-user of the business. 

I have been using an older version of IBM Planning Analytics in our company for a year and three months.

This solution is stable and we have not experienced any issues.

It's scalable to the finance team and with the growth of the team, but not for the entire company.

There are two users. This includes myself, and I am an FP&A manager, and I have an analyst on my team.

We have a support agreement with a third party. We have not worked directly with technical support through IBM.

I wasn't a part of the initial setup, but I know that it is complex.

It takes months to deploy.

Our licensing cost is approximately $50,000.00 per year.

My advice is that if you are going to be using IBM Planning Analytics, make sure that you get your data structure correct ahead of time. You will need to add a separate reporting tool.

In the next release, I would like to see reporting joined in with the tool.

I would rate this solution a four out of ten.