Try our new research platform with insights from 80,000+ expert users

Board vs IBM Planning Analytics comparison

 

Comparison Buyer's Guide

Executive SummaryUpdated on Dec 19, 2024

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
8.1
Municipalities save time and money using Board, enhancing productivity while reducing personnel and development costs.
No sentiment score available
 

Customer Service

Sentiment score
7.2
Board provides high-level customer service and technical support, improving response times and satisfaction, especially for users outside Italy.
Sentiment score
5.9
IBM Planning Analytics support is generally effective but can be slow, requiring escalation for complex issues and delays occasionally.
 

Scalability Issues

No sentiment score available
Sentiment score
7.8
IBM Planning Analytics is adaptable, scalable, efficiently supports growth, and handles large user numbers, depending on sufficient RAM.
 

Stability Issues

Sentiment score
7.3
Board is stable and reliable, with minor issues often due to user errors, and improved through updates.
Sentiment score
7.7
IBM Planning Analytics is praised for stability and performance, though configuration issues and vendor support delays are noted.
 

Room For Improvement

The board needs improvements in functionality, data handling, user interface, analytics, and stability to meet user expectations.
IBM Planning Analytics needs integration, usability enhancements, AI features, improved templates, and simplified pricing for better competitiveness.
 

Setup Cost

IBM Planning Analytics costs include licensing and setup fees, with benefits varying by user type and company size.
 

Valuable Features

IBM Planning Analytics provides flexible modeling, real-time calculations, Excel integration, and advanced features for efficient budgeting and forecasting.
 

Categories and Ranking

Board
Ranking in Business Performance Management
10th
Average Rating
8.4
Reviews Sentiment
7.1
Number of Reviews
36
Ranking in other categories
BI (Business Intelligence) Tools (24th), Reporting (20th)
IBM Planning Analytics
Ranking in Business Performance Management
4th
Average Rating
8.6
Reviews Sentiment
6.8
Number of Reviews
23
Ranking in other categories
No ranking in other categories
 

Mindshare comparison

As of December 2024, in the Business Performance Management category, the mindshare of Board is 5.8%, up from 5.8% compared to the previous year. The mindshare of IBM Planning Analytics is 9.5%, up from 8.4% compared to the previous year. It is calculated based on PeerSpot user engagement data.
Business Performance Management
 

Featured Reviews

Wiboon Thabsuwan - PeerSpot reviewer
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.
Gnanavel-Chakkarapani - PeerSpot reviewer
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.
report
Use our free recommendation engine to learn which Business Performance Management solutions are best for your needs.
824,053 professionals have used our research since 2012.
 

Top Industries

By visitors reading reviews
Computer Software Company
14%
Financial Services Firm
12%
Manufacturing Company
10%
Insurance Company
6%
Educational Organization
48%
Financial Services Firm
9%
Computer Software Company
7%
Manufacturing Company
6%
 

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...
What do you like most about Board?
All the reports are prepared automatically.
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...
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.
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.
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.
 

Comparisons

 

Also Known As

No data available
Cognos TM1, IBM Cognos TM1
 

Overview

 

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
Find out what your peers are saying about Board vs. IBM Planning Analytics and other solutions. Updated: December 2024.
824,053 professionals have used our research since 2012.