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 7.5, while IBM is ranked #4 with an average rating of 9.2. Board International holds a 5.5% mindshare in BPM, compared to IBM’s 9.6% 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

1,265 Views
880 Comparison Views

94% willing to recommend

IBM Planning Analytics

Read 23 IBM Planning Analytics reviews

2,057 Views
1,289 Comparison Views

94% willing to recommend

Board

IBM Planning Analytics

Comparison Buyer's Guide

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Executive Summary

We performed a comparison between Board and IBM Planning Analytics 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 Board vs. IBM Planning Analytics Report (Updated: October 2024).

Buyer's Guide

Board vs. IBM Planning Analytics

October 2024

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Helped 815,854 peers since 2012

Categories and Ranking

Board

Ranking in Business Performance Management

10th

Average Rating

8.4

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

Number of Reviews

Ranking in other categories

No ranking in other categories

Mindshare comparison

As of November 2024, in the Business Performance Management category, the mindshare of Board is 5.5%, down from 6.0% compared to the previous year. The mindshare of IBM Planning Analytics is 9.6%, up from 8.3% 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

Jul 17, 2024

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

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

"The dynamic selections on the screen and details by function are also valuable for inside the data view."

"By using Board we can do a lot of free analysis. We can change the layout of a table and even the end-user can change the layout of a table. And in Board 11.2 you can save the layout. That's very useful for the customer, it's a very good function."

"I think it's flexible. I chose this solution because, even though it wasn't out-of-the-box, you can customize it, and the long-term growth potential of the software is where I see the value."

"Now, we have only one version of the truth."

"All the reports are prepared automatically."

"Primary valuable features are its flexibility and versatility and, obviously, functionality goes along with that. Plus, it does that at a small footprint in the file servers, and does it very efficiently."

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

"Our data is now more structured. Between our data warehouse and BOARD, which are both brand new, we now have a more structured data view with more accurate, timely data."

More Board pros

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

"The ease of use is valuable. The fact that it's plugged into Excel spreadsheets is also valuable. It provides additional functionality where you can slice and dice the information in a way that you can't do with spreadsheets"

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

"The tool is flexible."

"The product's stability is good."

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

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

"Navigating through the data to make analysis is really quick."

More IBM Planning Analytics pros

Cons

"It would be nice to see truly transferable processes from model to model, as well as a method of building repetitive processes."

"In terms of scalability, I would say that there are some limitations in the solution. It cannot handle data that is too big."

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

"I'd like to see a more passive report user for enterprise report writers that aren't particularly technical."

"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."

"We are looking for ways to distinguish zeros versus nulls in BOARD."

"I would like to see better relationships with the partners."

"The setup was a bit complex."

More Board cons

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

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

"The tool's transport layer could be improved when promoting development between environments."

"Extracting data is a little slow."

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

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

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

More IBM Planning Analytics cons

Pricing and Cost Advice

"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."

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

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

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

"The license of this solution is paid annually. Most of my customers choose a license that includes support."

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

"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."

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

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

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

"Compared with the other tools in the market, IBM Planning Analytics is a bit expensive."

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815,854 professionals have used our research since 2012.

Top Industries

By visitors reading reviews

Computer Software Company

14%

Financial Services Firm

11%

Manufacturing Company

Wholesaler/Distributor

Educational Organization

46%

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.

See all answers

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...

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 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 30% of the time

SAP Analytics Cloud vs Board

Compared 13% of the time

Oracle Hyperion vs Board

Compared 12% of the time

CCH Tagetik vs Board

Compared 8% of the time

Pigment vs Board

Compared 8% of the time

More Board Competitors

SAP Analytics Cloud vs IBM Planning Analytics

Compared 22% of the time

Microsoft Power BI vs IBM Planning Analytics

Compared 21% of the time

Anaplan vs IBM Planning Analytics

Compared 10% of the time

Jedox vs IBM Planning Analytics

Compared 8% of the time

OneStream XF vs IBM Planning Analytics

Compared 3% of the time

More IBM Planning Analytics Competitors

Product Reports

Buyer's Guide

Board

November 2024

Download Board product report

Buyer's Guide

IBM Planning Analytics

November 2024

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

October 2024

Free Report: Board vs. IBM Planning Analytics

Find out what your peers are saying about Board vs. IBM Planning Analytics and other solutions. Updated: October 2024.

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