Board vs IBM Planning Analytics comparison

Board International and IBM are both solutions in the Business Performance Management category. Board International is ranked #10 with an average rating of 7.7, while IBM is ranked #4 with an average rating of 9.2. Board International holds a 5.9% mindshare in BPM, compared to IBM’s 9.5% mindshare. Additionally, 94% of Board International users are willing to recommend the solution, compared to 94% of IBM users who would recommend it.

Board

Read 36 Board reviews

1,135 Views
801 Comparison Views

94% willing to recommend

IBM Planning Analytics

Read 23 IBM Planning Analytics reviews

1,947 Views
1,251 Comparison Views

94% willing to recommend

Board

IBM Planning Analytics

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Executive SummaryUpdated on Dec 19, 2024

Board and IBM Planning Analytics are products in the business performance management field. IBM Planning Analytics generally holds an advantage due to its comprehensive features and deep analytics.

Features: Board offers intuitive drag-and-drop functionality, allowing complex planning and forecasting tasks with seamless integration. Its interface is customizable to fit unique user needs without extensive IT involvement. It supports dynamic data integration for multidimensional analyses. IBM Planning Analytics provides robust analytics, using integration with Cognos TM1 for advanced scenario modeling. Its in-memory processing supports real-time calculations and diverse analytical interfaces.

Room for Improvement: Board could enhance its automation capabilities and expand the range of prebuilt templates to reduce implementation time. It may benefit from expanding training materials for non-technical users. Additionally, better integration with third-party applications could improve versatility. IBM Planning Analytics would improve with a more user-friendly setup process, reducing initial complexity. Enhancing visualization tools and expanding mobile functionality could broaden its appeal. More straightforward licensing options might also attract new users.

Ease of Deployment and Customer Service: Board offers streamlined deployment with a focus on ease of integration, plus dedicated support for onboarding and troubleshooting. IBM Planning Analytics has a more substantial setup process due to its comprehensive features. It provides extensive support resources from IBM, ensuring detailed assistance throughout deployment and usage phases.

Pricing and ROI: Board is cost-effective with competitive setup costs, appealing to companies seeking quick savings and ROI. IBM Planning Analytics has higher initial costs but justifies its price through enhanced capabilities, potentially delivering superior long-term ROI for businesses requiring advanced planning solutions.

To learn more, read our detailed Board vs. IBM Planning Analytics Report (Updated: January 2025).

Buyer's Guide

Board vs. IBM Planning Analytics

January 2025

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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

Board

Ranking in Business Performance Management

10th

Average Rating

8.4

Reviews Sentiment

7.1

Number of Reviews

Ranking in other categories

BI (Business Intelligence) Tools (23rd), Reporting (20th)

IBM Planning Analytics

Ranking in Business Performance Management

4th

Average Rating

8.6

Reviews Sentiment

6.8

Number of Reviews

Ranking in other categories

No ranking in other categories

Mindshare comparison

As of January 2025, in the Business Performance Management category, the mindshare of Board is 5.9%, up from 5.7% compared to the previous year. The mindshare of IBM Planning Analytics is 9.5%, up from 8.7% compared to the previous year. It is calculated based on PeerSpot user engagement data.

Business Performance Management

Featured Reviews

Wiboon Thabsuwan

Senior Consultant at IMD Company Limited

Easy to use and requires less time to learn or understand its features

I think the product is good in terms of ease of use. The interface looks really nice and very easy to use. Every command appears in the icon. It looks like you don't have to understand everything about the command. You do not necessarily have to know more, or I would say that there is less time for our study about the products. Functionality-wise, it is quite easy to use and requires less time to understand or learn about the product. I am a software vendor, so I do not use the tool myself. I use it for my clients. My clients mostly use it for budgeting and timing purposes. I would say that's really less maintenance at all because they can do everything by themselves. It is good in terms of ease of use.

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Gnanavel-Chakkarapani

Junior Consultant at CMA CGM

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

"The drill down is good for people who have that high level view, because they can do some analysis based on it."

"The benefits are getting the data in one spot, the ability to report dynamically, and version control."

"BOARD technical support is knowledgeable and helpful."

"The tool seems to have a lot of ways to handle scaling."

"With the combination of 24/7 global support and their community, there was great customer service, tech support, and community support."

"The ability to create a data model and have it in testing within a week is fantastic."

"The support from the BOARD team and their consultants is great. Whenever I use technical support, they are good."

"Where it used to take me three days at the beginning of the year to create the new financial statement, now it is a matter of minutes because all the data is in the system."

More Board pros

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

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

"The product's stability is good."

"The flexibility of IBM Planning Analytics is a great feature of this solution. The design flexibility with data rules and defining calculations The ability to combine online and offline calculations are a benefit. Additionally, the forecasting features and predictive analytics is very good."

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

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

"Planning Analytics' best features include automatic updates and slicing."

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

More IBM Planning Analytics pros

Cons

"I would like an eLearning platform for BOARD."

"It would be nice to be able to host your site and actually have BOARD be the driver of your site. So you could have anybody in your organization go to www.myorg.com, for example, and then go through what you allow them to go through. So rather than having to go through the application, to be able to go to actually host it to a website."

"What could be better is the manual... nowadays, most people use a web client, but on the Board manual website, a lot of the information is only about the Windows client. If they could update that, it would be helpful."

"We would like to see better logging in the procedural world."

"Building similar models entirely from scratch could be made quicker with transfer abilities between databases and capsules."

"One thing that I personally would like to see is additional visualization tools for visuals."

"We have had some challenges with newer version of the rollout in terms of stability."

"Some of our users are still using an MS Office add-in for Excel for certain calculations, and when they export from Board, some of the values, some of the totals and column names, are not coming through into Excel."

More Board cons

"It's wonky, and not super user-friendly with Excel."

"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."

"It's highly competitive right now, and all the vendors are in a race to put out new versions with additional features. IBM comes out with new versions too often, and it has an impact on quality."

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

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

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

"Adding predefined templates could be beneficial."

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

More IBM Planning Analytics cons

Pricing and Cost Advice

"Find a partner who will take responsibility for the implementation, and be available for support."

"The solution is quite expensive, if it is made cheaper then we can have more clients. I rate it four out of ten."

"It is not the cheapest product on earth, but you get so much. It provides good value for money."

"The tool's price is a bit high compared to other solutions."

"In terms of the pricing, it was reasonable. BOARD is not the lowest in the market, but it was reasonable for us."

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

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

"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."

"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."

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Top Industries

By visitors reading reviews

Computer Software Company

13%

Financial Services Firm

13%

Manufacturing Company

10%

Insurance Company

Educational Organization

49%

Financial Services Firm

Computer Software Company

Manufacturing Company

Company Size

By reviewers

Large Enterprise

Midsize Enterprise

Small Business

Questions from the Community

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...

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What do you like most about Board?

All the reports are prepared automatically.

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What needs improvement with Board?

Some of my company's customers are interested to see the predictive analytics part of the tool. Some customers would like to leverage or prioritize predictive analytics as the main feature, but som...

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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 where all data are centralized.

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 ROI for customers.

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

Anaplan vs Board

Compared 29% of the time

SAP Analytics Cloud vs Board

Compared 13% of the time

Oracle Hyperion vs Board

Compared 11% of the time

Pigment vs Board

Compared 11% of the time

Jedox vs Board

Compared 4% of the time

More Board Competitors

Microsoft Power BI vs IBM Planning Analytics

Compared 24% of the time

SAP Analytics Cloud vs IBM Planning Analytics

Compared 22% of the time

Anaplan vs IBM Planning Analytics

Compared 10% of the time

Jedox vs IBM Planning Analytics

Compared 9% of the time

CCH Tagetik vs IBM Planning Analytics

Compared 2% of the time

More IBM Planning Analytics Competitors

Product Reports

Buyer's Guide

Board

January 2025

Download Board product report

Buyer's Guide

IBM Planning Analytics

January 2025

Download IBM Planning Analytics product report

Also Known As

No data available

Cognos TM1, IBM Cognos TM1

Learn More

Board International

IBM

Overview

BOARD International - headquartered in Switzerland - is a leading global provider of software for improving business results through better decision making. By unifying Business Intelligence and Corporate Performance Management into a single product, BOARD enables companies to achieve a shared vision of their performance across the entire organization, and thus a single version of the truth.

BOARD provides seamless solutions for • Reporting & Analysis • Budgeting, Planning & Forecasting • Profitability Modelling & Optimization • Simulation & What-if-Analysis • Scorecarding & Strategy Management • Financial Consolidation. Based on visual modelling, BOARD has enabled global companies to deploy BI and CPM applications without a single line of code in a fraction of the time and cost associated with traditional solutions.

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

Coca-Cola, Puma, Desigual, Ricoh, KPMG, H&M, Groupe SEB

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

Board vs. IBM Planning Analytics

January 2025

Free Report: Board vs. IBM Planning Analytics

Find out what your peers are saying about Board vs. IBM Planning Analytics and other solutions. Updated: January 2025.

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