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Alteryx vs IBM Planning Analytics comparison

 

Comparison Buyer's Guide

Executive Summary

Review summaries and opinions

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

ROI

Sentiment score
6.6
Alteryx offers quick ROI through reduced data prep time and increased efficiency, despite high licensing costs.
Sentiment score
7.3
IBM Planning Analytics boosts ROI by enhancing budgeting, analysis, and productivity but faces affordability issues due to increased pricing.
Tasks that earlier took hours in Excel or SQL are now completed in minutes.
Senior Rpa Consultant at a computer software company with 51-200 employees
From a time-saving perspective, we saved 60 to 75 percent of the human workforce needed and eliminated other disparate ETL tools, ultimately saving us over 600,000 dollars.
Senior Staff Cyber Security Cloud Data Architect at GE Healthcare
Alteryx helps familiarize managers with artificial intelligence-driven possibilities.
Chief Information Officer at granistr
I have seen a return on investment, as the accuracy has really improved in my organization since everything is automated.
Team Lead Manager at Finlays
Since using this tool, I can now make decisions faster, even when there is just a small change in the data.
Key Account Manager at DHL
 

Customer Service

Sentiment score
7.1
Alteryx offers responsive service; technical support is knowledgeable, but users often rely on community forums for solutions.
Sentiment score
7.0
IBM Planning Analytics support is responsive and efficient, rated highly by users, yet there's room for faster direct resolutions.
Customer support from Alteryx has been amazing.
Senior Staff Cyber Security Cloud Data Architect at GE Healthcare
they do have a website for resolving doubts and accessing helpful resources, including various tools and filters.
Senior Analyst at Guardian India Operation
I contacted customer support once or twice, and they were quick to respond.
Experience Technocrat driving IT initiatives at WISDOMBOWL
We have a multi-level support system, with the initial level handled by the company we bought the license from and subsequent support from IBM.
Responsable B.I at a retailer with 51-200 employees
Instead, we rely on third-party partners recognized by IBM, who provide cost-effective support.
Financial Performance Manager at a retailer with 1,001-5,000 employees
They have been very dedicated and provided top-notch solutions.
Senior Software Engineer at a financial services firm with 10,001+ employees
 

Scalability Issues

Sentiment score
7.2
Alteryx is scalable for enterprise analytics, but expanding usage can lead to concerns over costs and server requirements.
Sentiment score
7.9
IBM Planning Analytics offers high scalability, efficiently managing data with real-time handling and flexibility for small to enterprise businesses.
Alteryx is scalable for most enterprise analytics and data preparation workloads.
Senior Rpa Consultant at a computer software company with 51-200 employees
Suggestions for improvements in Alteryx include areas for increasing efficiency, particularly in processing telemetry data, which involves dealing with large volumes of unstructured data.
Senior Staff Cyber Security Cloud Data Architect at GE Healthcare
Alteryx is scalable, and I would give it eight out of ten.
Experience Technocrat driving IT initiatives at WISDOMBOWL
IBM Planning Analytics' scalability is impressive, as it is able to gather data from multiple sources and handle huge amounts of data without any lagging or downtime.
Team Lead Manager at Finlays
Scalability is quite hard to implement in TM1, largely since the on-premise installation chosen back in 2014.
Responsable B.I at a retailer with 51-200 employees
Scalability is straightforward but it is pricey since it's a SaaS model priced per user.
Financial Performance Manager at a retailer with 1,001-5,000 employees
 

Stability Issues

Sentiment score
7.8
Alteryx is highly regarded for its stability, fast data processing, and reliability, despite occasional server or workflow issues.
Sentiment score
7.9
IBM Planning Analytics offers stability and reliable performance for forecasting, with occasional fixable issues requiring vendor support.
I didn't need to reach out to Alteryx for support because available documents usually provide enough information to resolve issues.
Software Engineer at a computer software company with 10,001+ employees
I have not encountered any lagging, crashing, or instability in the system during these three months of usage.
Legal Coordinator at a transportation company with 10,001+ employees
Alteryx is a reliable tool, but it is also very heavy, requiring good laptop configurations, a minimum of 8GB RAM, and a recent processor such as i10.
Senior Analyst at Guardian India Operation
The performance of IBM Planning Analytics has always been fast and reliable for my needs, even when dealing with huge volumes of data.
Key Account Manager at DHL
This stability is really important as we use it for budget calculation, which is time-consuming.
Responsable B.I at a retailer with 51-200 employees
IBM Planning Analytics is stable because the reason we switched from IBM Cognos is that IBM Planning Analytics capability allows us to connect to multiple tools, which we could not do before.
Senior Software Engineer at a financial services firm with 10,001+ employees
 

Room For Improvement

Alteryx needs improved visualization, performance, and integration, with users frustrated by pricing, learning curve, and limited collaboration features.
Users recommend improving IBM Planning Analytics usability, interface design, automation, integration, performance, scalability, offline access, and reducing upgrade frequency.
The tool could include more native connectors, such as for global ERPs, instead of requiring additional fees for these connections.
Legal Coordinator at a transportation company with 10,001+ employees
The support structure changed; initially, we received great support, however, it later became less reliable due to licensing issues and a tiered support system.
Senior Capacity Planner at a financial services firm with 10,001+ employees
The additional features that Alteryx needs to work on to make it more competitive include better collaboration and easier integration through API.
Senior Consultant at a consultancy with 201-500 employees
The abundance of features results in complexity, requiring strict guidelines for developers to ensure simplistic approaches are adhered to.
Responsable B.I at a retailer with 51-200 employees
IBM's visualization needs significant improvement.
Financial Performance Manager at a retailer with 1,001-5,000 employees
The advanced features are somewhat complex to understand, and if the data set is very large, it takes a lot of time to process, which causes performance to become slower.
Senior Software Engineer at a financial services firm with 10,001+ employees
 

Setup Cost

Enterprise buyers find Alteryx offers robust analytics but at high costs, weighed against potential efficiency and productivity benefits.
IBM Planning Analytics offers flexible licensing models and competitive pricing, with consulting fees impacting overall costs significantly.
The price is very high, with licensing typically starting around five thousand dollars plus user per year.
Senior Rpa Consultant at a computer software company with 51-200 employees
We found excellent use cases for automation through Alteryx, which provided the means to reduce operational costs and streamline the build of ETL pipelines without extensive coding.
Senior Staff Cyber Security Cloud Data Architect at GE Healthcare
Alteryx is more cost-effective compared to Informatica licenses, offering savings.
Software Engineer at a computer software company with 10,001+ employees
TM1 is quite expensive, and I'd rate the pricing as an eight out of ten.
Responsable B.I at a retailer with 51-200 employees
While IBM's solutions were costly before, the introduction of SaaS models has reduced prices significantly.
Financial Performance Manager at a retailer with 1,001-5,000 employees
My experience with pricing, setup cost, and licensing for IBM Planning Analytics is that the pricing and licensing cost can be somewhat on the higher side, especially for small organizations.
Senior Software Engineer at a financial services firm with 10,001+ employees
 

Valuable Features

Alteryx simplifies data workflows with a user-friendly interface, offering integration, automation, and advanced analytics without coding.
IBM Planning Analytics provides fast calculations, customization, Excel integration, and automation for efficient financial performance management and data analysis.
Alteryx not only represents data but also supports decision-making by suggesting the next steps.
Chief Information Officer at granistr
Analysts who do not have any coding experience can still work on the transformation and preparation of data, which is quite useful.
Senior Consultant at a consultancy with 201-500 employees
Alteryx includes built-in tools such as drive time analysis and linear regression, which are much harder to achieve in standard BI tools such as Power BI or Tableau.
Senior Rpa Consultant at a computer software company with 51-200 employees
Its stability helps controllers win time in their planning processes.
Responsable B.I at a retailer with 51-200 employees
It also integrates machine learning and AI engines, enabling us to use algorithms for inventory forecasting which optimizes our inventory and replenishment rates.
Financial Performance Manager at a retailer with 1,001-5,000 employees
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.
Senior Software Engineer at a financial services firm with 10,001+ employees
 

Categories and Ranking

Alteryx
Average Rating
8.4
Reviews Sentiment
6.9
Number of Reviews
87
Ranking in other categories
Predictive Analytics (1st), Data Science Platforms (5th), Data Preparation Tools (1st)
IBM Planning Analytics
Average Rating
8.4
Reviews Sentiment
7.0
Number of Reviews
28
Ranking in other categories
Business Performance Management (4th)
 

Mindshare comparison

While both are Business Intelligence solutions, they serve different purposes. Alteryx is designed for Predictive Analytics and holds a mindshare of 7.6%, down 19.6% compared to last year.
IBM Planning Analytics, on the other hand, focuses on Business Performance Management, holds 4.4% mindshare, down 10.6% since last year.
Predictive Analytics Mindshare Distribution
ProductMindshare (%)
Alteryx7.6%
Red Hat Lightspeed5.8%
Altair RapidMiner5.7%
Other80.9%
Predictive Analytics
Business Performance Management Mindshare Distribution
ProductMindshare (%)
IBM Planning Analytics4.4%
Anaplan6.5%
Adaptive Insights4.9%
Other84.2%
Business Performance Management
 

Featured Reviews

ManojBehera - PeerSpot reviewer
Senior Staff Cyber Security Cloud Data Architect at GE Healthcare
Automated complex ETL workflows have reduced coding effort and improved data integration
One area for improvement is in integrating mostly the data which comes from telemetry, where I can see some sort of improvisations can be made. It is a massive amount of unstructured data, and I believe Alteryx is able to handle it, but there can be some improvements. Suggestions for improvements in Alteryx include areas for increasing efficiency, particularly in processing telemetry data, which involves dealing with large volumes of unstructured data. Additionally, I believe when we use filter tools immediately after the input source, there can be slowdowns when handling massive data. The user experience of Alteryx is generally good, but there are areas for improvement from a user's perspective, particularly regarding user interface enhancements. I think there's always room for improvement, but otherwise, Alteryx has been a great tool for me. We haven't experienced significant disruptions while increasing data volumes, though I sense there could be performance issues as data grows exponentially. This is an area that could use improvement in Alteryx.
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.
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896,803 professionals have used our research since 2012.
 

Top Industries

By visitors reading reviews
Financial Services Firm
20%
Manufacturing Company
8%
Computer Software Company
7%
Healthcare Company
5%
Financial Services Firm
14%
Manufacturing Company
11%
Retailer
9%
Insurance Company
6%
 

Company Size

By reviewers
Large Enterprise
Midsize Enterprise
Small Business
By reviewers
Company SizeCount
Small Business33
Midsize Enterprise16
Large Enterprise57
By reviewers
Company SizeCount
Small Business16
Midsize Enterprise4
Large Enterprise16
 

Questions from the Community

What is the Biggest Difference Between Alteryx and IBM SPSS Modeler?
One of the differences is that with Alteryx you can use it as an ETL and analytics tool. Please connect with me directly if you want to know more.
What is the Biggest Difference Between Alteryx and IBM SPSS Modeler?
Alteryx is an extremely easy and flexible data tool, flexible in terms of drag and drop toolset and also has python, R integrations if your team requires this. It can handle over 2 billion rows of...
What is the Biggest Difference Between Alteryx and IBM SPSS Modeler?
I am not familiar with IBM SPSS Modeler, therefore, I cannot compare these two products. Regarding Alteryx I can say the following: - An excellent desktop tool for Data Prep and analytics. - Featu...
What is your experience regarding pricing and costs for IBM Planning Analytics?
My experience with pricing, setup cost, and licensing for IBM Planning Analytics is that the pricing and licensing cost can be somewhat on the higher side, especially for small organizations. Howev...
What needs improvement with IBM Planning Analytics?
IBM Planning Analytics could be improved by simplifying the learning curve, as it requires a lot of time to learn and master it. The advanced features are somewhat complex to understand, and if the...
What is your primary use case for IBM Planning Analytics?
My main use case for IBM Planning Analytics is as an IT software engineer, and I typically use it day-to-day for planning analytics over the past two years. It is probably the most robust planning ...
 

Also Known As

No data available
Cognos TM1, IBM Cognos TM1
 

Overview

 

Sample Customers

AnalyticsIq Inc., belk, BloominBrands Inc., Cardinalhealth, Cineplex, Dairy Queen
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
Find out what your peers are saying about Alteryx, SAP, Anaplan and others in Predictive Analytics. Updated: May 2026.
896,803 professionals have used our research since 2012.