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Anaplan vs IBM Cognos 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:
 

Categories and Ranking

Anaplan
Average Rating
8.0
Reviews Sentiment
7.1
Number of Reviews
27
Ranking in other categories
Business Performance Management (1st), Production Planning (5th), Predictive Analytics (4th)
IBM Cognos
Average Rating
8.0
Reviews Sentiment
6.3
Number of Reviews
134
Ranking in other categories
BI (Business Intelligence) Tools (7th), Reporting (4th)
 

Mindshare comparison

While both are Business Intelligence solutions, they serve different purposes. Anaplan is designed for Business Performance Management and holds a mindshare of 13.4%, down 16.0% compared to last year.
IBM Cognos, on the other hand, focuses on BI (Business Intelligence) Tools, holds 3.6% mindshare, down 4.2% since last year.
Business Performance Management
BI (Business Intelligence) Tools
 

Q&A Highlights

LS
Jan 10, 2025
 

Featured Reviews

Antonio Flor - PeerSpot reviewer
Real-time data integration enhances operational efficiency and flexibility
As a client developer and solutions architect, I use Anaplan for building modules and deploying logic end-to-end. I work closely with the business in an agile manner to ensure the model aligns with business needs Anaplan offers flexibility in building different options within the platform. The…
AMOL JAJU - PeerSpot reviewer
Offers ad hoc analysis reports and good for operational dashboarding
There used to be many valuable features, but in the last three or four years, whatever IBM is doing with enhancements, it has taken a lot of time to build and develop. But the best usage of Cognos is the ad hoc analysis reports. I really like that. Our customers also like that. But now the usage of Cognos and OBIE is reduced by various business users because people and business users are now more focused on analytics, slice and dice, and the dashboard, and the widgets.

Quotes from Members

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

Pros

"This product has a very good modeling feature, and its graphical representation of visualizations has also been valuable."
"The solution scales well."
"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."
"I believe Anaplan is a new cloud tool, and from time to time, there's a lot of improvement that the Anaplan company deploys with the system. So, with that improvement, we need to really adapt and know the new system trends."
"Anaplan is a three-dimensional cloud platform that is good for analyzing data, visualization, integration, terrific for visibility."
"Where we're seeing the opportunity in the market is at the Fortune 100 companies that have far more complex modeling type scenarios where you need to be able to have a lot of people collaborating together, and you need a lot of information all at everyone's fingertips. This is where you see the big advantage of a solution like Anaplan."
"Technical support has been good."
"It's real-time connected planning, so the calculations are pretty much seamless as far as your model is connected."
"Stability-wise, I rate the solution a ten out of ten."
"The Report Studio that is aimed at professional report writers."
"The most valuable features are Report Development (Functionality) and Information Distribution (Flexibility)."
"It has a very powerful edit feature which allows users to back out of changes (undo) without forcing them to recreate entire reports."
"It is a stable product."
"Previously, we were doing static reporting. Management would request a report, and it would take staff a week or more to provide it. With Cognos, we have dynamic reporting, and it has reduced both reporting and decision making times significantly. With the solution's dashboard, the company's management team has updated records at their fingertips. This means that they can directly access the data they need to make decisions."
"IBM Cognos offers tools so that you can design and develop your own test queries and reporting solutions."
"Using custom controls, it is possible to extend the application with even more functionality and make the application intuitive and attractive."
 

Cons

"The tool needs to work on its integration with MS Excel and MS Word. The tool does not allow data analysis in spreadsheets which is possible on other platforms. I want the solution to be more collaborative to facilitate decision-making in organizations."
"Anaplan is a relatively expensive piece of software."
"Space and integration are a problem."
"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."
"There are workspace issues, like the limitation on model sizes."
"It would be nice if the solution offered better extensions."
"The dashboard could be better. Because within a dashboard or report, you have to do a lot of scrolling. You need to scroll down because the table doesn't fit in a single view. That's why even the users aren't happy with that kind of user experience. They need to scroll to see all the data, and it could be better if it fits in just one page. That way, you can see everything. In the next release, I want automation that's connected to Anaplan. For example, to load master data from SAP to Anaplan. I don't know if this already exists, but a log where you can see the progress and see if there's an error will also help. It would be better to give you the error message, for example, if there is an error within the automated process importing to Anaplan."
"Anaplan could enhance its user interface by including a more user-friendly API."
"There are some problems with how Cognos handles huge data sets and when connecting with multiple sources and searching the data."
"I think the GIS pieces maybe not as good as we would like."
"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 technical support team’s response time is slow and needs to be improved."
"It is a costly product; it is comparatively expensive."
"IBM Support can be slow at times, but they can usually deliver in a timely manner."
"It would be nice to offer free online training on the tool for end-users."
"The high cost of a license makes it hard to scale up on a budget."
 

Pricing and Cost Advice

"A value-for-money product and a very reasonable price compared to competitors like SAP or IBM."
"Anaplan is a bit pricier compared to its competitors - the license costs about $4,000 per user annually."
"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."
"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 tool’s pricing is reasonable and competitive with other solutions."
"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."
"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."
"This is an expensive product and if the price were reduced then it would attract more customers."
"It is pretty expensive."
"IBM Cognos offers competitive pricing similar to other BI vendors in the market."
"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."
"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."
"I rate the product price as four or five on a scale from one to ten, where one is a low price, and ten is a high price."
"The pricing and licensing policies are comparatively cheaper than other products in the market ."
"The solution is affordable."
"Cognos is super expensive compared to Tableau ($70/month) and Power BI ($20/month) — I think Cognos is roughly $200 a month."
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Comparison Review

it_user79932 - PeerSpot reviewer
Feb 4, 2015
Comparison of SAP BO, Tableau, QlikView, Cognos, Microsoft, OBIEE and Pentaho
1. SAP BO/BI Enterprise scalability Security Ease of use Semantic layer 2. Tableau Visualization Data discovery Turnaround time 3. IBM Cognos Enterprise scalability Security In-memory feature 4. MS BI - Flexibility 5. Pentaho - Open source but still enterprise grade 6. QlikView Data…
 

Answers from the Community

LS
Jan 10, 2025
Jan 10, 2025
Hi Leonardo, I have had the benefit of working with IBM PA and Anaplan applications for many years. If you are working on a smaller application with only a few dimensions (Anaplan calls them lists), Anaplan is fine except for ongoing costs and maintenance. A few, small dimensions, maybe planning by device group (not lower SKU level), general sales locations, departments, time and a two to three...
See 2 answers
Milan Orendac - PeerSpot reviewer
Jul 24, 2024
Both products are great and are massive planning and analyzing tools. I am not sure about the size and complexity of your business. You mention "small businesses". To use IBM Cognos or Anaplan for small business may give more headache than benefits. My suggestion would be to work out the expectations and needs for your planning process and to search for the right tool, fitting to your needs.
CM
Jan 10, 2025
Hi Leonardo, I have had the benefit of working with IBM PA and Anaplan applications for many years. If you are working on a smaller application with only a few dimensions (Anaplan calls them lists), Anaplan is fine except for ongoing costs and maintenance. A few, small dimensions, maybe planning by device group (not lower SKU level), general sales locations, departments, time and a two to three versions, Anaplan works (again, watch ongoing & expansion costs). When it becomes more complex where you want to do more granular planning at the product SKU, multiple budget cycles and rolling forecast throughout the year, across territories, by internal rep, different channels, with distributors selling in multiple territories, that is where IBM Planning Analytics shines. You can plan/forecast at any level including consolidated and have room to expand when needed.  Expansion with Anaplan with granularity becomes very difficult, very quickly.  I am happy to show the differences. Ping me if you like, www.linkedin.com/in/chrismirras. We work very well with Global Clients.
 

Top Industries

By visitors reading reviews
Educational Organization
30%
Computer Software Company
10%
Financial Services Firm
8%
Manufacturing Company
8%
Educational Organization
57%
Financial Services Firm
7%
Computer Software Company
4%
Manufacturing Company
4%
 

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...
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...
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...
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 Sense, Power BI, OBIEE, Tableau, etc. I have recently started using Cognos Enter...
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.
What needs improvement with IBM Cognos?
There is room for improvement in self-service analytics and predictiveness.
 

Comparisons

 

Also Known As

No data available
Cognos, Cognos Analytics, IBM Cognos Analytics
 

Overview

 

Sample Customers

HP, ForeScout, DocuSign, EAT, Pandora, Aviva, Intel Security, Zalora
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.
Find out what your peers are saying about Anaplan, Oracle, IBM and others in Business Performance Management. Updated: March 2025.
842,466 professionals have used our research since 2012.