Adaptive Insights vs Splunk Enterprise Platform comparison

Workday and Splunk are both solutions in the Data Visualization category. Workday is ranked #11 with an average rating of 8.2, while Splunk is ranked #4 with an average rating of 8.4. Workday holds a 0.7% mindshare in DV, compared to Splunk’s 1.7% mindshare. Additionally, 100% of Workday users are willing to recommend the solution, compared to 93% of Splunk users who would recommend it.

Adaptive Insights

Read 18 Adaptive Insights reviews

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155 Comparison Views

100% willing to recommend

Splunk Enterprise Platform

Read 31 Splunk Enterprise Platform reviews

478 Views
275 Comparison Views

93% willing to recommend

Adaptive Insights

Splunk Enterprise Platform

Comparison Buyer's Guide

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Executive SummaryUpdated on Jan 1, 2025

Adaptive Insights and Splunk Enterprise Platform compete in different categories, with business performance management versus big data analysis. Splunk has the edge with advanced data analytics, while Adaptive wins on price and support advantages.

Features: Adaptive Insights is recognized for its financial planning, forecasting capabilities, and integration with OfficeConnect for enhanced reporting. It simplifies complex tasks like personnel planning and budget management and offers scalability to serve businesses of varying sizes. Splunk Enterprise excels in data analytics, real-time monitoring, and IT environment monitoring, providing tools for security, observability, and data visualization. It supports integration across diverse systems, making it a versatile tool for advanced data analysis and reporting.

Room for Improvement: Adaptive Insights could benefit from more customizable reporting features and improved scenario planning tools. Enhancing integration with more ERP systems and simplifying complex modeling processes would add value. Splunk Enterprise has room to simplify its system infrastructure requirements and user interface for beginners. Pricing flexibility and reducing setup complexities could enhance its accessibility. Improving support for smaller companies needing intuitive, less technical interfaces might broaden its appeal.

Ease of Deployment and Customer Service: Adaptive Insights offers a seamless cloud-based deployment, ensuring users have easy access to updates along with reliable customer service. Its setup is straightforward, appealing to those seeking immediate implementation without technical barriers. Splunk Enterprise, while providing reliable support, demands more detailed setup with a focus on system customizations and infrastructure. It offers responsive assistance for complex installations but involves detailed configurations that may require expert technical guidance.

Pricing and ROI: Adaptive Insights provides a cost-effective subscription model, quickly delivering ROI for businesses concentrating on efficient budget management. Its solution is considered budget-friendly and well-suited for those prioritizing immediate financial planning outcomes. Splunk Enterprise comes with higher initial costs but compensates with in-depth analytics and the ability to derive valuable insights from large datasets. It potentially offers significant long-term value for companies investing in expansive data processing capabilities.

To learn more, read our detailed Adaptive Insights vs. Splunk Enterprise Platform Report (Updated: April 2025).

Buyer's Guide

Adaptive Insights vs. Splunk Enterprise Platform

April 2025

Download the complete report

Helped 847,625 peers since 2012

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

Adaptive Insights

Ranking in Data Visualization

11th

Average Rating

8.4

Reviews Sentiment

7.0

Number of Reviews

Ranking in other categories

Business Performance Management (8th), Financial Performance and Strategy Management (3rd), Reporting (12th), ESG Reporting Software (4th)

Splunk Enterprise Platform

Ranking in Data Visualization

4th

Average Rating

8.4

Reviews Sentiment

7.7

Number of Reviews

Ranking in other categories

IT Alerting and Incident Management (5th)

Mindshare comparison

As of April 2025, in the Data Visualization category, the mindshare of Adaptive Insights is 0.7%, up from 0.6% compared to the previous year. The mindshare of Splunk Enterprise Platform is 1.7%, up from 0.8% compared to the previous year. It is calculated based on PeerSpot user engagement data.

Data Visualization

Featured Reviews

Andrew Rosenberg

Adaptive Planning Manager at Alight

Adaptive scales well, simple to create new budget versions and models

For the organization I used to work at, it streamlined the process of creating budgets. It's very simple to create a new version and do some more modeling based on your need for planning things like headcount, other expenses, and revenue, everything is configurable within Workday. So that made it easy. Reporting was pretty easy to set up as well. It streamlined the amount of time it took to do the budget as well as kind of making it simple to implement a rolling forecast process. So, it really was more just a productivity increase and time shortening for the budgeting and forecasting process.

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ABHISHEK DUBEY

Senior Consultant at HSBC

Helps to monitor logs from various sources but improvement is needed in support

The product helps monitor and visualize data. It allows you to handle various tasks. You can store, visualize, and analyze data with the Splunk Enterprise Platform. It offers features like virtual folders and heavy folders for filtering data. Additionally, you can create dashboards to showcase data to different teams and stakeholders. The tool also enables the creation of analytics and alerts and sends reports, making it a valuable tool for our system. The dashboard and visualization features are good for data analysis. With features like the Studio dashboard introduced in versions 8 to 9, users find it much easier to create dashboards without knowledge of languages like XML.

Read full review

Quotes from Members

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

Pros

"The biggest feature is the source of truth for all of our budget and forecast versions."

"We utilize planning on a daily basis, therefore we find it to be the most valuable product for our organization."

"Changes to corporate structure, account codes are updated in all versions including prior years, hence "one-version of truth" as claimed."

"The important feature is integration with source data. It connects to various ERP systems, including Workday, Intact, and others. It can also import actuals and compare them to PlanPoint quite easily."

"The most valuable feature of the solution is its dashboard."

"It's very stable."

"It's very simple to create a new version and do some more modeling based on your need for planning things like headcount, other expenses, and revenue, everything is configurable within Workday."

"The integration with our payroll system to complete staff modeling during our budget and forecast processes."

More Adaptive Insights pros

"The most valuable features of Splunk Enterprise Platform include its performance, ease of implementation, and user interface, which are superior compared to other on-premises products."

"The product is very easy to use."

"The most valuable feature of Splunk Enterprise Platform is that it's a customizable solution."

"Splunk Enterprise Platform is a good tool to have, but it is expensive."

"The most valuable feature of the solution is the analytics part."

"It's not just one feature I like the most. Every person wants to collect and rate logs, and I value how the Splunk Enterprise Platform handles this.The most valuable part for us is setting up the alerts and reports to manage the logs and log metrics. We use it to support every tool across the entire bank.We are the ones who manage all the data, and if there's any issue, everything depends on the Splunk Enterprise Platform."

"Splunk's real-time processing capability has been pretty good for my use cases."

"The most valuable feature of Splunk for data analysis is its ability to search using SPL and SQL."

More Splunk Enterprise Platform pros

Cons

"Adaptive Insights has a limit of 1,00,000 rows for HTML reports. It should be improved because we will have multiple dimensions that need to be populated to enhance the image."

"Discovery (the data visualization module): Needs to catch up with BI leaders, such as MS and Tableau. E.g., sorting by amounts in column charts and page slicers to control all visuals."

"The upload feature exists, but isn't terribly useful."

"It's a Workday product; they could do a little bit better to integrate a pure-play integration with Workday, which really doesn't do that."

"Adaptive Insights could improve the data designer interface to make integrations easier to set up."

"The product's configuration process could be faster."

"The integrations could be simpler. It takes quite a bit of internal and IT know-how to set up."

"Their customer support team is slow to respond and not extremely confident."

More Adaptive Insights cons

"Based on my experience, I've noticed areas for improvement, particularly in support. Developers typically interact with support personnel who may lack technical expertise when raising support tickets. This can result in delays as initial interactions involve sharing documents before escalation to higher support levels."

"The solution's license cost is high and can be improved."

"The platform is too expensive for small businesses. Splunk should focus more on delivering something for small businesses and entrepreneurs."

"Things have to be managed manually"

"Splunk can be used primarily to port log files, allowing for easy and quick management of large amounts of logs. However, this can also be a drawback due to the configuration, parsing, and dashboard creation limitations. Communication is stream-based, which means you need to do a lot of pre-emptive setup to get a nice export."

"Integration is an area that can be considered as one of the challenges we face with the solution in our company"

"There should be continuous customer engagement and training programs on the new features and capabilities introduced by the solution."

"The Splunk Enterprise Platform has room for improvement, particularly in automating the permissions process during app promotions. Currently, permissions are manually set when different teams request an application move to production, which is time-consuming. Automating this process would streamline operations by automatically assigning the appropriate permissions and roles to specific services or teams, reducing the need to review each request ticket manually."

More Splunk Enterprise Platform cons

Pricing and Cost Advice

"It's affordable."

"Everything is negotiable, but this solution is low cost compared to others."

"Ensure that you have the proper pricing plan in place."

"Prior to purchasing licenses, make sure you understand which users will only need planning and which users will need both planning and OfficeConnect."

"Pricing is in line with other cloud-based EPM tools. It is a subscription-based model based upon the number of users and site type if it's an admin or end-user type thing."

"Adaptive Insights' pricing is relative to its peer competitors. It's certainly competitive compared to a spreadsheet template that you build in Excel. It can be expensive if you need to have 100-500 budget holders giving input and building financial plans. However, in that case, it becomes an extremely good bargain. Compared to its competitors, it offers an excellent value."

"Adaptive Insights' pricing is reasonable."

"Licensing seems to be worth the cost considering the efficiency Adaptive brings."

"The product is expensive, and the cost depends on the amount of data ingestion."

"I rate the product's pricing a ten on a scale of one to ten, where one is cheap, and ten is expensive. It is a very pricey tool."

"I have heard from my managers that Splunk Enterprise Platform is an expensive solution."

"If you exceed your licensed limit, the product will issue a warning, typically a five-license warning. Additionally, they send daily email notifications informing you about the breach. This prompts you to consider options such as minimizing logs or acquiring additional licensing to address the issue."

"There are yearly payments to be made towards the licensing costs attached to the solution."

"The solution’s pricing is moderate."

"The tool is expensive."

"The solution is expensive, so I rate its pricing a four out of ten."

More Splunk Enterprise Platform pricing and cost advice

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Top Industries

By visitors reading reviews

Computer Software Company

15%

Financial Services Firm

10%

Real Estate/Law Firm

Healthcare Company

Financial Services Firm

19%

Manufacturing Company

17%

Healthcare Company

13%

Government

Company Size

By reviewers

Large Enterprise

Midsize Enterprise

Small Business

Questions from the Community

What do you like most about Adaptive Insights?

It's very simple to create a new version and do some more modeling based on your need for planning things like headcount, other expenses, and revenue, everything is configurable within Workday.

See all answers

What is your experience regarding pricing and costs for Adaptive Insights?

12 years ago, it was very affordable. Workday has definitely increased its price since it acquired Adaptive a few years ago. So, it's affordable. But there are other more affordable solutions that ...

See all answers

What needs improvement with Adaptive Insights?

The integrations could be simpler. It takes quite a bit of internal and IT know-how to set up. So, there could be room for just improving the integrations, making it easier to integrate outside sys...

See all answers

What do you like most about Splunk Enterprise Platform?

The most valuable features of the solution are the load balancing technique, the forwarding technique, and SSL certification.

See all answers

What needs improvement with Splunk Enterprise Platform?

While Splunk Enterprise Platform is a good product, it is expensive. Additionally, it is complex for inexperienced cybersecurity engineers and requires experienced personnel to handle it effectively.

See all answers

What is your primary use case for Splunk Enterprise Platform?

We are working with AppDynamics, Splunk Enterprise Platform, and other Splunk products. However, the main use case here is with Splunk Enterprise Platform.

See all answers

Comparisons

IBM Planning Analytics vs Adaptive Insights

Compared 14% of the time

Planful vs Adaptive Insights

Compared 13% of the time

Oracle Hyperion vs Adaptive Insights

Compared 12% of the time

Tableau vs Adaptive Insights

Compared 10% of the time

Anaplan vs Adaptive Insights

Compared 10% of the time

More Adaptive Insights Competitors

Apache Superset vs Splunk Enterprise Platform

Compared 80% of the time

Hubble vs Splunk Enterprise Platform

Compared 20% of the time

More Splunk Enterprise Platform Competitors

Product Reports

Buyer's Guide

Adaptive Insights

April 2025

Download Adaptive Insights product report

Buyer's Guide

Splunk Enterprise Platform

March 2025

Download Splunk Enterprise Platform product report

Also Known As

Workday Adaptive Planning, Adaptive Discovery , Workday Adaptive Planning

No data available

Overview

Adaptive Insights is a cloud-based financial planning and analysis software that helps businesses streamline their budgeting, forecasting, and reporting processes.

With its intuitive interface and powerful analytics, it enables organizations to make data-driven decisions and drive business performance.

Workday

Explore data of any type and value — no matter where it lives in your data ecosystem.
Drive business resilience by monitoring, alerting and reporting on your operations.
Create custom dashboards and data visualizations to unlock insights from anywhere — in your operations center, on the desktop, in the field and on the go.
Use data from anywhere across your entire organization so you can make meaningful decisions fast.

Splunk

Sample Customers

1. Cisco Systems 2. Coca-Cola Bottling Co. Consolidated 3. Deloitte 4. DocuSign 5. Dropbox 6. Electronic Arts 7. Fender Musical Instruments Corporation 8. Fitbit 9. Fossil Group 10. Groupon 11. Hilton Worldwide 12. HP Inc. 13. Intuit 14. Johnson & Johnson 15. LinkedIn 16. Lyft 17. McAfee 18. Medtronic 19. Netflix 20. Oracle 21. Pandora 22. PayPal 23. Pinterest 24. Red Hat 25. Salesforce 26. ServiceNow 27. Slack Technologies 28. Spotify 29. Symantec 30. Tableau Software 31. Twitter 32. Workday

Information Not Available

Buyer's Guide

Adaptive Insights vs. Splunk Enterprise Platform

April 2025

Free Report: Adaptive Insights vs. Splunk Enterprise Platform

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