Anaplan vs Domo comparison

Anaplan and Domo are both solutions in the Business Performance Management category. Anaplan is ranked #1 with an average rating of 7.7, while Domo is ranked #13 with an average rating of 8.0. Anaplan holds a 13.5% mindshare in BPM, compared to Domo’s 1.7% mindshare. Additionally, 96% of Anaplan users are willing to recommend the solution, compared to 86% of Domo users who would recommend it.

Anaplan

Read 26 Anaplan reviews

4,613 Views
2,280 Comparison Views

96% willing to recommend

Domo

Read 35 Domo reviews

239 Views
224 Comparison Views

86% willing to recommend

Anaplan

Domo

Comparison Buyer's Guide

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Executive Summary

We performed a comparison between Anaplan and Domo based on real PeerSpot user reviews.

Find out in this report how the two Business Performance Management solutions compare in terms of features, pricing, service and support, easy of deployment, and ROI.

To learn more, read our detailed Anaplan vs. Domo Report (Updated: October 2024).

Buyer's Guide

Anaplan vs. Domo

October 2024

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Helped 814,572 peers since 2012

Categories and Ranking

Anaplan

Ranking in Business Performance Management

1st

Average Rating

8.0

Number of Reviews

Ranking in other categories

Production Planning (5th), Predictive Analytics (4th)

Domo

Ranking in Business Performance Management

13th

Average Rating

7.8

Number of Reviews

Ranking in other categories

Data Integration (29th), BI (Business Intelligence) Tools (11th), Reporting (7th), Data Visualization (6th)

Mindshare comparison

As of November 2024, in the Business Performance Management category, the mindshare of Anaplan is 13.5%, down from 16.3% compared to the previous year. The mindshare of Domo is 1.7%, up from 1.4% compared to the previous year. It is calculated based on PeerSpot user engagement data.

Business Performance Management

Featured Reviews

Kumaran Singaram

Founder at Metora

May 23, 2023

Effective machine learning, constantly evolving, but price could improve

Anaplan is used for various financial planning, such as supply chain, and consolidation My clients exhibit enhanced efficiency in financial planning, supply chain management, demand planning, and financial consolidation. They possess superior visibility, enabling swift action-taking. The most…

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James John Wilson

Business Development Manager at Freelancer

Jul 21, 2022

Robust, powerful, and easy to use

There were very few cases on some of the tables, the data tables, where I wish there was an additional feature or two. However, they were particular. What I wanted to see was the ability to collapse when you group a set of rows, let's say when you group them by status or health, so you have your red projects grouped up top. I wanted to compress or collapse that group of red and then open the yellow projects and then the green projects. There were a bit more features in the tables than I wanted to see. They have a widget that you can use either in Microsoft PowerPoint to pull over data into your PowerPoints and refresh graphs or charts or metrics or tables. I would love to see that available in Google Slides. I used it successfully in PowerPoint; however, at one company, they were only using Google products, and so that widget didn't help with reporting in slides. Therefore, we had to do a bit more manual work for our quarterly business reviews or monthly business reviews to produce our executive presentations. Sometimes the fonts were difficult to read if you're trying to put a lot of data in a table and show a lot of rows. Sometimes the fonts got too light, and you had to really play with it to try and figure out how to make it readable. One thing I had to do, and I don't know if it's necessarily a bad thing, was when I was running a meeting, I would have to go turn off the data jobs. If I was running a meeting and a lot of times people were scrambling in the background to do their updates even as the meeting was occurring, it would cause the page to render very slowly. It would sometimes pause or freeze. I found that if I went and turned off the status, the data update jobs that we're pulling data from Smartsheet, then the meetings would work more smoothly, and there were no interruptions or delays.

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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

"Anaplan's strongest feature is that its GUI is very modern and user-friendly."

"Anaplan integrates well into my clients' core systems. The ability to aggregate the forms within the dashboarding is also useful. Only one of my clients has implemented workflow. Their usage has been very light. Dashboarding capability is probably the biggest one. My clients like having the ability to aggregate, slice and dice, and dynamically adjust things in the dashboards."

"Anaplan's in-memory calculation engine is super-fast compared to the old tools we previously used. You enter the data and everything shows up in one go."

"Anaplan provides 130 GB of cloud storage for organizations to use as part of their license."

"The solution scales well."

"The solution works very well for budgeting."

"This product has a very good modeling feature, and its graphical representation of visualizations has also been valuable."

"Technical support has been good."

More Anaplan pros

"The ease of use, overall, is one of the valuable features, as is the ease of setup. Other than making sure IT was aware of, and agreed with our proceeding, we did not need IT for any of the setup. The ease of setup is more valuable than you might think. The ease of configuring the security policies, setting up groups, and setting up personalized data permissions so that only certain people can see certain data — that stuff is amazing... Domo really is extraordinarily full-featured, but it's really easy to use."

"We find the ease of using the solution valuable."

"The dashboarding itself was pretty easy. So both the front and the back end were positive in this case."

"Domo is not a difficult tool to learn. All you need to know is the SQL for the ETL part. You don't need to write much code. That's the great part. It uses legacy languages, like SQL, which is very common among developers who then don't have to go and learn Domo's own syntax. Therefore, you don't have to learn another hard language to use Domo."

"Using the "cards" which function as preconfigured reports or views. I use many of them simultaneously on an organized page, with filters that allow me to see high-level information as well as subsets across the dataset, in a few clicks. Many Excel-challenged users love to use this product for its simplicity."

"The ETL tools they have in Redshift are pretty awesome... I can work in Redshift to get the data from AWS and work in Redshift, in Domo, to create Transforms and the data structure we need..."

"In Workbench 5, they have come up with a very useful feature called Upsert. When you're pushing data into the data set, if the data is already available it will update the data, and if that the data is not there it will insert it. That is a beneficial feature that they introduced in the latest version."

"What makes me really fond of Domo is the ETL because it enables us to maximize a single platform for pulling reports and automating things. We can send the raw data from a third-party platform and do the rest of the ETL in Domo, including transforming data, adding columns, etc."

More Domo pros

Cons

"The negative is that the higher the flexibility, the higher is the complexity. That can act against you as a negative because it does require a model builder or a coder/developer."

"Anaplan should come up with flexible options to connect to a data warehouse rather than an Anaplan hub."

"There are workspace issues, like the limitation on model sizes."

"When there is a lot of data, it sometimes takes long to load."

"Automation needs to be built into this solution."

"The solution could improve by better dashboards and while entering the form loss and project implementation the ability to use graphical shapes more effectively."

"There are so many business rules to set up in the system that as a business user it's hard to gauge what they're doing and it's possible to get lost."

"The integration technique should be a little bit easier."

More Anaplan cons

"Their organization or client service didn't always keep up... They took on more and more clients and the processes slowed down a little bit."

"They should include service-based reporting features."

"The preconfigured apps need to be more relevant to allow one, out of the box, to load data in order to use pre-set reports/views."

"I would like to be able to drill down more when there is a particular area where there is a problem. I don't clearly see that in Domo at the moment."

"I would like to see more dashboard creation options."

"I would like to publish a dashboard for the employees so that they can also see the performance of our organization. But that is not a feature in Domo, although it's something that Zoho provided."

"They could use more charts. They have had a very limited number of charts we can use. I believe, now, there are somewhere around 30 of them, but they could definitely use some more options."

"The ETL way of storing is not up to mark. You have to rely on the naming convention that you're using in Domo because there are no folder systems where you can collate all your workflows and put them into separate folders. A folder system should be there so you can easily identify how you are working. Once you want to make some changes to your ETL, then you can see the whole lineage, identifying what is there and not there."

More Domo cons

Pricing and Cost Advice

"Anaplan is a bit pricier compared to its competitors - the license costs about $4,000 per user annually."

"The cost of Anaplan is a challenge for clients, especially if they don't have an ongoing long-term use case for it. It's a $50,000 licensing fee just to get started. Clients need a strong business case to switch from Excel to Anaplan. But if clients have used something similar in the past, such as Hyperion or other solutions, that's not a factor because they know what to expect."

"The entry-level is anywhere from about $30,000 to $50,000 a year, however, it does go up significantly after that depending on the complexity and how much space you're using."

"We are currently using a free workspace license for 90 days. We are satisfied with the price of the solution. There are additional costs if you want more storage, the default limit is 250 GB."

"A value-for-money product and a very reasonable price compared to competitors like SAP or IBM."

"This is a yearly subscription. So a customer initially buys a workspace and specifies how much GB they want. The minimum starts at around 30 GB. You can buy multiple workspaces."

"The price of the solution is expensive."

"This is an expensive product and if the price were reduced then it would attract more customers."

More Anaplan pricing and cost advice

"No matter if you're a developer or an end-user, the licensing cost is around $12 per user per month."

"I think it is reasonable."

"Because it's software as a service, it's more expensive on the face of it. But there are a lot of variables. I don't have to pay for servers or for infrastructure. I don't have to pay labor for my IT organization to set up or maintain the environment. I don't have to pay for them to upgrade the software, and test it, etc., because when it rolls out, it is transparent and seamless for us. But, because of that, it costs more, I imagine, than Sisense, or Yellowfin, or Power BI. A lot of those make it sound like they're inexpensive, but when you add in all the hidden costs and all of the overhead, it's probably comparable."

"Domo is slightly costly but it's much cheaper than some."

"The solution is expensive compared to one of its competitors."

"We are making money from Domo, and all our clients are happy with the information that they receive from it."

"It is on the pricier end."

"They've built an "app economy." Some of them are really expensive, so they're not for startups and smaller companies. They're more like enterprise tools. We couldn't afford some of them, because they were so crazy expensive. But if I was working for a bank, insurance company, or some bigger corporation then, for sure, you could justify those prices... It was silly expensive back then and it probably still is, or even more expensive."

More Domo pricing and cost advice

See which vendors are best for you

Use our free recommendation engine to learn which Business Performance Management solutions are best for your needs.

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814,572 professionals have used our research since 2012.

Top Industries

By visitors reading reviews

Educational Organization

29%

Computer Software Company

10%

Manufacturing Company

Financial Services Firm

Computer Software Company

12%

Manufacturing Company

University

Retailer

Company Size

By reviewers

Large Enterprise

Midsize Enterprise

Small Business

Questions from the Community

What are your main use cases for Anaplan?

Anaplan is an industry-leading cloud-based corporate performance management (CPM) platform that combines business planning and analytics in a single solution. It is designed to assist organizations...

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Is Board better than Anaplan as a Business Intelligence (BI) solution?

We've had several FP&A departments include Anaplan in their analytics discussions, and while BI information IS generated, the focus is generally on compiling input from various sources and simu...

See all answers

Is Anaplan better than SAP ERP?

There are different aspects of both Anaplan and SAP ERP that I like and dislike. Anaplan improves forecast accuracy and drives up the quality of analytics. Rather than spending all of their time co...

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What do you like most about Domo?

All our client SLAs and daily and weekly dashboards are tracked on Domo.

See all answers

What is your experience regarding pricing and costs for Domo?

Domo can be crazy expensive. They have a lot of capabilities but depending on the pricing model you have, either they nickel-and-dime you for add-ons or charge you for each job execution under the...

See all answers

What needs improvement with Domo?

If Domo had a Copilot feature, you could interact with the graphs and talk to the graphs and tables.

See all answers

Comparisons

SAP ERP vs Anaplan

Compared 33% of the time

SAP Analytics Cloud vs Anaplan

Compared 10% of the time

SAP S/4HANA vs Anaplan

Compared 8% of the time

Oracle Hyperion vs Anaplan

Compared 7% of the time

IBM Planning Analytics vs Anaplan

Compared 7% of the time

More Anaplan Competitors

Tableau vs Domo

Compared 47% of the time

Microsoft Power BI vs Domo

Compared 39% of the time

Databricks vs Domo

Compared 3% of the time

Looker vs Domo

Compared 3% of the time

Palantir Foundry vs Domo

Compared 2% of the time

More Domo Competitors

Product Reports

Buyer's Guide

Anaplan

November 2024

Download Anaplan product report

Buyer's Guide

Domo

November 2024

Download Domo product report

Also Known As

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Anaplan

Domo

Overview

Anaplan is a cloud-based planning and performance management platform with documented use cases in finance, sales, supply chain, marketing, IT and HR. At the core of Anaplan's technology is a single hub where business users can build, deploy, maintain, and share models without coding or reliance on IT personnel.

With Anaplan You Can:

Accelerate revenue growth
Convert data into market opportunity
Drive higher sales performance
Gain market share
Improve customer satisfaction
See edge-to-edge across your company
Achieve business and technology goals
Become agile and resilient with continuous models and forecasts

The Anaplan Platform Is:

Flexible
Scalable
Collaborative
Secure
Multi-dimensional
Built to help businesses think ahead and rapidly adapt to change

Anaplan Benefits:

Illuminate blind spots and hidden opportunities.
Easily create a shareable, living representation of how your business actually works.
Dynamic planning allows you to continuously adapt to market changes and other changing circumstances effectively.
Information is always readily available and can be easily shared with all teams across your enterprise.
Anaplan provides intelligent decision-making. The platform gives you all the information you need to make business decisions and also gives you the ability to run several “what if” scenarios to determine which decision is best based on a large range of variables - at record speed, instead of it taking days or weeks to complete.
By using Anaplan, you can adapt to changes very quickly. You can consider all of the possible options before responding in real time.
Anaplan can be used remotely from wherever you are.
Anaplan will help your organization stay focused and on target. You can stay in control with the ability to run scenario calculations quickly and use the information to make adjustments as needed.
Anaplan provides accurate, real-time data so you don’t have to worry about the risk of bad data. In turn, this boosts shareholder confidence because Anaplan’s platform mitigates the risks associated with incorrect data.
Anaplan’s Connected Planning helps you meet regulatory requirements. All the relevant business data is held in one place, therefore making adjustments easier to implement quickly. With Connected Planning, results also have a full audit trail.

Anaplan Features:

Hyperscale computing: Anaplan eliminates the “messy middle” caused by out-of-date, siloed signals.
Integrated and dynamic signal set: This feature incorporates internal and external factors, relationships, and market context across functions which can all be seamlessly integrated.
Responsive unified system: Anaplan’s high-fidelity, responsive, and unified system for execution and accountability is reliable, accurate, and traceable.
Real-time insights: Detect signals hidden in your systems and gain insight into every asset, resource, risk, and change to help provide decision clarity.
Unlimited multi-dimensional scenarios: Anaplan helps your organization run unlimited multi-dimensional scenarios to identify ideal plans of action.
Synchronization: Using Anaplan, you can synchronize execution and readiness. Anaplan enables autonomous and coordinated in-market action by connecting headquarters to your most remote outposts.

Reviews from Real Users:

"Anaplan's in-memory calculation engine is super-fast compared to the old tools we previously used. You enter the data and everything shows up in one go.” - Sandeep A., Lead Analyst at a retailer

"This product has a very good modeling feature, and its graphical representation of visualizations has also been valuable.” - Raghavendra K., Lead Consultant at a tech services company

"Anaplan is a three-dimensional cloud platform that is good for analyzing data, visualization, integration, terrific for visibility.” - Anaplan model builder at a tech services company

Domo is a cloud-based, mobile-first BI platform that helps companies drive more value from their data by helping organizations better integrate, interpret and use data to drive timely decision making and action across the business. The Domo platform enhances existing data warehouse and BI tools and allows users to build custom apps, automate data pipelines, and make data science accessible for anyone through automated insights that can be shared with internal or external stakeholders.

Find more information on The Business Cloud Here.

Sample Customers

HP, ForeScout, DocuSign, EAT, Pandora, Aviva, Intel Security, Zalora

Capco, SABMiller, Stance, eBay, Sage North America, Goodwill Industries of Central Indiana, Telus, The Cliffs, OGIO International Inc., and many more!

Buyer's Guide

Anaplan vs. Domo

October 2024

Free Report: Anaplan vs. Domo

Find out what your peers are saying about Anaplan vs. Domo and other solutions. Updated: October 2024.

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