Amazon QuickSight vs IBM Planning Analytics comparison

The compared Amazon Web Services (AWS) and IBM solutions aren't in the same category. Amazon Web Services (AWS) is ranked #3 in BIT , with an average rating of 7.1, and holds a 8.3% mindshare in the category. IBM is ranked #4 in BPM , with an average rating of 9.2, and holds a 9.6% mindshare. Additionally, 57% of Amazon Web Services (AWS) users are willing to recommend the solution, compared to 94% of IBM users who would recommend it.

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Executive Summary

We performed a comparison between Amazon QuickSight and IBM Planning Analytics based on real PeerSpot user reviews.

Find out what your peers are saying about Microsoft, Salesforce, Amazon Web Services (AWS) and others in BI (Business Intelligence) Tools.

To learn more, read our detailed BI (Business Intelligence) Tools Report (Updated: October 2024).

Buyer's Guide

BI (Business Intelligence) Tools

October 2024

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Categories and Ranking

IBM Cognos

Mindshare comparison

BI (Business Intelligence) Tools

Business Performance Management

Featured Reviews

Carlos Larrad Salgado

Deputy Director Operations Management Control at Mapfre

Jul 27, 2022

Improved the quality of our KPIs, while reducing calls to the IT department

I don't like that when we use Colab packages, we get less functionality. For example, you can make groups of data with Excel or with the data sets from the packages, but when you use the Colab packages directly, you can only group the data when you analyze it with Analysis Studio. I think Cognos needs to improve more on this functionality. The user experience is also very important. Cognos is not very easy to understand sometimes, especially when they change the layout but keep the functionality the same. The help is not very graphic and they have no examples. Cognos has to make a big effort to help with understanding the functionality by improving the documentation. There is a lot of documentation, but the examples are hard to find and they should make their help section easier to understand for non-technical users.

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Anoop Jose

Senior Manager - Architecture and engineering excellence at a healthcare company with 201-500 employees

Apr 1, 2024

Helpful for visualization purposes but delayed drill-downs feature

We used it to analyze customer usage data within our application. We were consolidating data on user behavior and status, then presenting it to different audiences, such as executives and account managers. For building executive dashboards, especially when you don't require extensive drill-downs…

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Gnanavel-Chakkarapani

Junior Consultant at CMA CGM

Mar 22, 2024

Can easily create dashboards and helps businesses improve forecasting accuracy

The product has improved our company's forecasting accuracy since it serves as a very useful tool for our sales and controller teams as they easily get to enter the inputs using views in TM1, which gets loaded into our main database. If there are sales team members in different parts of the world, like in Hong Kong and Singapore, they may prefer to use IBM Planning Analytics, which is easy to use when compared to the Excel tool. Speaking about planning analytics and data analysis, I would say that our company used to use IBM Cognos Analytics for reporting, where we used to use Cognos Dynamic Cubes so that users can easily use its drag and drop features while getting to see the data for which the users had to wait for two to three minutes prior to its use. In our company, tons of data are loaded into the memory, and users can use Cognos Dynamic Cubes to analyze data and understand it. The AI capabilities of IBM have benefited our planning strategy as they are very useful for business. The tool allows the easy creation of dashboard reports using AI capabilities. No technical knowledge is required for business use cases. It is possible to integrate the product in scenarios where some new integrations are available. I remember that my company used Azure Data Factory to connect Azure, Oracle, and IBM WebSphere Application Server. When it comes to IBM Planning Analytics, it is complex to integrate it with LDAP and or any other authentication tool offered by Microsoft. In our company, some users like to integrate IBM Planning Analytics with the common LDAP or Microsoft AD, which we currently use for all our applications. The authentication part is difficult to configure with IBM Planning Analytics. The maintenance of the product is easy. My company has scheduled maintenance on the product every week, especially during forecast times, so that memories automatically lapse and users can freely access their servers. The use of the tool has had an impact on collaboration within our company's planning team since everyone knows how to easily access the data and publish the results. I recommend the product to those who plan to use it. I rate the tool a nine out of ten.

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Quotes from Members

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

Pros

"A positive feature is Report Studio, where we create beautiful, complex reports."

"A drag-and-drop interface for selecting creating ad hoc reports makes this product very easy to use."

"The comprehensiveness or broadness of the software functions or business intelligence functions that it provides is valuable. It is also quite easy to use and user-friendly."

"The correlation analysis is excellent. It's one of the best that I have used to date."

"One of the strong suits of Cognos is its robust corporate reporting capability."

"We use the account statement report. When you use an account in HSBC, you receive various types of accounts, such as the stock market, fixed accounts, credit cards, and business accounts. We can create one consolidated report called CCS support, which includes all these accounts. In that statement, we are consolidating all those accounts."

"It's enabled us to report directly from our main application systems. We're removing islands of data and we're removing inefficiencies, where people or small divisions had their own store of information."

"Even while a user is using a cube for reporting, there will not be a situation as ' Cube file locked; unable to build or deploy'."

More IBM Cognos pros

"A valuable feature of Amazon QuickSight is that it's a cloud-native service provided by AWS. As all platforms within my company run on AWS, that's the leverage of Amazon QuickSight. Amazon QuickSight is also easy to use, and I find the native connectors from AWS valuable as well."

"It is notably fast in handling large data set refreshes, making it efficient for data analysis."

"The solution is simple to implement."

"The most valuable feature of this solution is the user interface."

"It has a lot of valuable features, but the most important aspect is the affordable cost. This solution costs much less in comparison to the competitors like Qlik Sense, Power BI, and Tableau."

"The query and dashboard capabilities are entirely good."

"Amazon QuickSight has introduced a new functionality called Q bar, which allows the user to do natural language queries and get additional insights using some built-in generative capabilities."

"It helped the managers to visualize the data activities."

More Amazon QuickSight pros

"The product's stability is good."

"The tool is flexible."

"IBM Planning Analytics is easy to use and deploy. It is quick to develop. The calculation machine is also very fast."

"It's a very stable, robust product."

"The scenario modeling capabilities are frequently used to create different scenarios, compare them, and see which action leads to which result."

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

"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."

"The most valuable features of IBM Planning Analytics for streamlining planning processes include a unified database where all data are centralized."

More IBM Planning Analytics pros

Cons

"The performance is a bottleneck and something that can be improved."

"Cognos is quite slow - it's missing the performance of the PowerPlay cubes."

"Need improvement towards Visualization."

"IBM Support can be slow at times, but they can usually deliver in a timely manner."

"The technical support team’s response time is slow and needs to be improved."

"The solution's support could be better."

"The data uploads that we do, such as Excel files, have a lot of restrictions. If we can make it a bit more user-friendly, allowing us to have more flexibility it would be a great help."

"There are some small features that are missing. It would be nice if the graphics were better. You can use external sources for charts, but it's quite complex to use and not easy to implement. If you want a new chart, you can download it from multiple tools and implement it into IBM Cognos."

More IBM Cognos cons

"It can be made more user-friendly as some users might find this solution hard to implement. Qlik Sense, for example, is very user-friendly."

"Amazon QuickSight's visualization could be improved."

"I just want a few more features to be added."

"Compared to Power BI, I felt QuickSight lacks some features, like delayed drill-downs. Drill-downs were the main area where we found QuickSight lacking."

"I would like to see a feature that allows us to save a draft version before making it public and publishing it."

"It should support integration with Python or R."

"It's not ideal for reports that are more complex."

"One area is that integrating data from different sources into QuickSight can be a bit tricky, especially with Amazon Connect. To get data flowing, you need to use two additional services and configure them correctly."

More Amazon QuickSight cons

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

"The workspace API should be improved and documented so we know better which objects are used."

"The dashboard is very poor and needs a lot of improvement."

"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."

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

"The local authentication part is difficult to manage in the product, making it an area where improvements are required."

"It would have been better if the solution was not just a tool kit."

More IBM Planning Analytics cons

Pricing and Cost Advice

"There is a standard license required to use this solution. There are some additional tools but I am not sure if they are an extra cost."

"It is pretty expensive."

"The pricing of this product is meant for medium to large-scale enterprises."

"My company uses IBM Cognos with another IBM product, so I think only one license is used."

"IBM Cognos is priced reasonable. However, it is more expensive than Power BI and Tableau."

"I don't know the exact cost, but I believe Cognos is quite expensive, especially when it comes to the support consultants and the procedures that need to be applied."

"It is averagely priced."

"There is some additional licensing that we needed to purchase because we were touching data outside of our core data platform. The cost was approximately $25,000 for the additional licenses, which were approximate 45 licenses. For the application itself, updates, and the core platform it was approximately $50,000. Giving a total cost of $75,000 annually for our usage of IBM Cognos."

More IBM Cognos pricing and cost advice

"The solution is not affordable."

"Amazon QuickSight you subscribe and you use the service."

"The pricing is cost-effective with a good plan."

"The Amazon QuickSight licensing model my company's on is pay-as-you-go, but I wouldn't be able to give the figures because that's handled by the finance department."

"It's affordable compared to other long-term contractor business tools available in the market."

"I wouldn't say that it is an expensive product, but to stay competitive they would need to bring down the prices."

"It is simpler and cheaper than other solutions."

"The standard edition is free to use for exploration purposes while the enterprise edition needs to be paid for. The pricing for this solution is very reasonable."

More Amazon QuickSight pricing and cost advice

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

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

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

"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."

"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."

"IBM Planning Analytics is priced well, and licensing costs are yearly."

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Top Industries

By visitors reading reviews

Educational Organization

57%

Financial Services Firm

Computer Software Company

Government

Financial Services Firm

15%

Computer Software Company

15%

Manufacturing Company

Government

Educational Organization

46%

Financial Services Firm

10%

Computer Software Company

Manufacturing Company

Company Size

By reviewers

Large Enterprise

Midsize Enterprise

Small Business

Questions from the Community

Seeking lightweight open source BI software

It depends on the Data architecture and the complexity of your requirement. Some great tools in the market are Qlik ...

See all answers

What do you like most about IBM Cognos?

The solution's most valuable feature is its ease of use, which makes it easily compatible with other tools.

See all answers

What needs improvement with IBM Cognos?

I need improvements, particularly with the Framework Manager, which has an outdated user interface from older version...

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What do you like most about Amazon QuickSight?

The integration is very seamless. We stored our result CSV files in S3 and connected directly from there.

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What is your experience regarding pricing and costs for Amazon QuickSight?

My company had a corporate discount and other arrangements, so I'm not familiar with the standard pricing.

See all answers

What needs improvement with Amazon QuickSight?

Compared to Power BI, I felt QuickSight lacks some features, like delayed drill-downs. Drill-downs were the main area...

See all answers

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 w...

See all answers

What is your experience regarding pricing and costs for IBM Planning Analytics?

The cost of IBM Planning Analytics is not cheap, considering the amount of money involved. However, it offers good RO...

See all answers

What needs improvement with IBM Planning Analytics?

The workspace API should be improved and documented so we know better which objects and tier-one objects are used.

See all answers

Comparisons

Microsoft Power BI vs IBM Cognos

Compared 13% of the time

Oracle Hyperion vs IBM Cognos

Compared 10% of the time

Tableau vs IBM Cognos

Compared 10% of the time

SAP BusinessObjects Business Intelligence Platform vs IBM Cognos

Compared 6% of the time

Looker vs IBM Cognos

Compared 3% of the time

More IBM Cognos Competitors

Microsoft Power BI vs Amazon QuickSight

Compared 25% of the time

Tableau vs Amazon QuickSight

Compared 20% of the time

Looker Studio vs Amazon QuickSight

Compared 10% of the time

Qlik Sense vs Amazon QuickSight

Compared 8% of the time

Databricks vs Amazon QuickSight

Compared 4% of the time

More Amazon QuickSight Competitors

SAP Analytics Cloud vs IBM Planning Analytics

Compared 22% of the time

Microsoft Power BI vs IBM Planning Analytics

Compared 20% of the time

Anaplan vs IBM Planning Analytics

Compared 10% of the time

Jedox vs IBM Planning Analytics

Compared 9% of the time

Tableau vs IBM Planning Analytics

Compared 4% of the time

More IBM Planning Analytics Competitors

Product Reports

Buyer's Guide

IBM Cognos

October 2024

Download IBM Cognos product report

Buyer's Guide

Amazon QuickSight

November 2024

Download Amazon QuickSight product report

Buyer's Guide

IBM Planning Analytics

October 2024

Download IBM Planning Analytics product report

Also Known As

Cognos, Cognos Analytics, IBM Cognos Analytics

QuickSight

Cognos TM1, IBM Cognos TM1

Learn More

IBM

Amazon Web Services (AWS)

IBM

Overview

IBM Cognos Business Intelligence provides a wide range of tools to help you analyze your organization's data. IBM Cognos BI allows businesses to monitor events and metrics, create and view business reports, and analyze data to help them make effective business decisions.

IBM Cognos applies techniques to describe, summarize, and compare data, and draw conclusions. This allows users to see trends and discover anomalies or variances that may not be evident by simply reading data. Data sources that contain information from different areas of a business can be stored in separate packages. Users can see only information that they have been granted access to, based on their group or role.

IBM Cognos BI consolidates the following business intelligence functions into a single web-based solution:

IBM Cognos Insight: Create personal and managed workspaces for data analysis. Using these interactive workspaces, you can share insight results with managers. Cognos Insight supports write-back, and you can also use these workspaces to capture and integrate management goals, commitments, and forecasts.
IBM Cognos Workspace: With IBM Cognos Workspace, you can create rich, interactive workspaces using IBM Cognos content as well as data from external sources. You can view and open your favorite workspaces and reports, edit content in your workspaces, and share your workspaces via email.
IBM Cognos Analytics: IBM Cognos Analytics utilizes built-in AI and intuitive searches which helps users to quickly create the visualizations and a wide range of reports. Cognos Analytics provides cognitive and managed self-service, enabling you to gain insights from controlled and trusted data.
IBM Cognos Report Studio and IBM Cognos Query Studio: Easily create structured and query reports. IBM Cognos allows users to create application and report templates. In addition, report authors can reuse report objects to apply filters, fields, and styles to reports. Users can set the language of the user interface and report content according to the user's native language.
IBM Cognos Event Studio: Receive notifications of events that occur within your organization in real time. Event Studio enables the creation of agents that detect the occurrence of business events, failures, or anomalies, based on the change of specific events or data conditions. Notification can be sent via email, publication in the portal, or by triggering reports.
IBM Cognos Connection: This is the Web portal for IBM Cognos BI and is the central area for accessing all the IBM Cognos functions. In the web portal, users can schedule and distribute reports, create tasks, administer the server and the access permissions, and more.

Reviews from Real Users

IBM Cognos stands out among its competitors for a number of reasons. Two major ones are its powerful analysis tool and its reporting capabilities.

Prasad B., a senior software engineer at a financial services firm, notes, “The product is a very good reporting tool and is very flexible. It allows for the users to get a scheduled report. We can receive automated reports as well. They are easy to schedule on a weekly or monthly basis. It is very fast. I mean in means of report output, it's very fast compared to the actual clients involved.”

Amazon QuickSight is a fast, cloud-powered business analytics service that makes it easy to build visualizations, perform ad-hoc analysis, and quickly get business insights from your data. Using our cloud-based service you can easily connect to your data, perform advanced analysis, and create stunning visualizations and rich dashboards that can be accessed from any browser or mobile device.

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

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.

Sample Customers

More than 23,000 leading organizations across multiple industries use Cognos. Some examples of Cognos customers include BMW Financial Services, Quinte Health Care, Troy Corporation, Michigan State University, and GKN Land System.

MLB Advanced Media, Infor, HotelBeds, Gemini, Jivochat, Edmunds.com

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

Buyer's Guide

BI (Business Intelligence) Tools

October 2024

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