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Databricks vs IBM Planning Analytics 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

Databricks
Average Rating
8.2
Reviews Sentiment
7.0
Number of Reviews
88
Ranking in other categories
Cloud Data Warehouse (7th), Data Science Platforms (1st), Streaming Analytics (1st)
IBM Planning Analytics
Average Rating
8.4
Reviews Sentiment
6.8
Number of Reviews
24
Ranking in other categories
Business Performance Management (3rd)
 

Mindshare comparison

While both are Business Intelligence solutions, they serve different purposes. Databricks is designed for Cloud Data Warehouse and holds a mindshare of 8.4%, up 3.2% compared to last year.
IBM Planning Analytics, on the other hand, focuses on Business Performance Management, holds 8.7% mindshare, down 9.2% since last year.
Cloud Data Warehouse
Business Performance Management
 

Featured Reviews

ShubhamSharma7 - PeerSpot reviewer
Capability to integrate diverse coding languages in a single notebook greatly enhances workflow
Databricks offers various courses that I can use, whether it's PySpark, Scala, or R. I can leverage all these courses in a single notebook, which is beneficial for clients as they can access various tools in one place whenever needed. This is quite significant. I usually work with PySpark based on client requirements. After coding, I feed the Databricks notebooks into the ADF pipeline for updates. Databricks' capability to process data in parallel enhances data processing speed. Furthermore, I can connect our Databricks notebook directly with Power BI and other visualization tools like Qlik. Once we develop code, it allows us to transform raw data into visualizations for clients using analysis diagrams, which is very helpful.
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.

Quotes from Members

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

Pros

"We are completely satisfied with the ease of connecting to different sources of data or pocket files in the search"
"I work in the data science field and I found Databricks to be very useful."
"We can scale the product."
"The most valuable feature is the Spark cluster which is very fast for heavy loads, big data processing and Pi Spark."
"Databricks' most valuable features are the workspace and notebooks. Its integration, interface, and documentation are also good."
"It's very simple to use Databricks Apache Spark."
"Databricks offers various courses that I can use, whether it's PySpark, Scala, or R."
"Databricks' Lakehouse architecture has been most useful for us. The data governance has been absolutely efficient in between other kinds of solutions."
"The most valuable feature is that it is able to slice and dice the data."
"A lot of the platform is in-memory, so Planning Analytics can run calculations quite fast. It also offers several user interfaces. And in the newest version of Planning Analytics, there is a new one called the Planning Analytics Workspace. Maybe it could be useful for the business side."
"The scenario modeling capabilities are frequently used to create different scenarios, compare them, and see which action leads to which result."
"Its stability helps controllers win time in their planning processes."
"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."
"The product's stability is good."
"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"
"Navigating through the data to make analysis is really quick."
 

Cons

"Anyone who doesn't know SQL may find the product difficult to work with."
"The ability to customize our own pipelines would enhance the product, similar to what's possible using ML files in Microsoft Azure DevOps."
"In the future, I would like to see Data Lake support. That is something that I'm looking forward to."
"The integration features could be more interesting, more involved."
"The product needs samples and templates to help invite users to see results and understand what the product can do."
"The product could be improved by offering an expansion of their visualization capabilities, which currently assists in development in their notebook environment."
"Overall it's a good product, however, it doesn't do well against any individual best-of-breed products."
"The product cannot be integrated with a popular coding IDE."
"It's wonky, and not super user-friendly with Excel."
"The tool should include features for prediction. It can also improve the scalability."
"It would have been better if the solution was not just a tool kit."
"The workspace API should be improved and documented so we know better which objects are used."
"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."
"Adding predefined templates could be beneficial."
"It is a bit expensive, but it does the job."
 

Pricing and Cost Advice

"The pricing depends on the usage itself."
"The price of Databricks is reasonable compared to other solutions."
"I am based in South Africa, where it is expensive adapting to the cloud, and then there is the price for the tool itself."
"The solution uses a pay-per-use model with an annual subscription fee or package. Typically this solution is used on a cloud platform, such as Azure or AWS, but more people are choosing Azure because the price is more reasonable."
"Price-wise, I would rate Databricks a three out of five."
"The licensing costs of Databricks depend on how many licenses we need, depending on which Databricks provides a lot of discounts."
"I'm not involved in the financing, but I can say that the solution seemed reasonably priced compared to the competitors. Similar products are usually in the same price range. With five being affordable and one being expensive, I would rate Databricks a four out of five."
"Databricks are not costly when compared with other solutions' prices."
"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."
"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."
"Compared with the other tools in the market, IBM Planning Analytics is a bit expensive."
"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."
"It is a bit expensive, but you get what you are paying for."
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Top Industries

By visitors reading reviews
Financial Services Firm
17%
Computer Software Company
11%
Manufacturing Company
9%
Healthcare Company
6%
Educational Organization
44%
Financial Services Firm
10%
Computer Software Company
7%
Manufacturing Company
6%
 

Company Size

By reviewers
Large Enterprise
Midsize Enterprise
Small Business
 

Questions from the Community

Which do you prefer - Databricks or Azure Machine Learning Studio?
Databricks gives you the option of working with several different languages, such as SQL, R, Scala, Apache Spark, or Python. It offers many different cluster choices and excellent integration with ...
How would you compare Databricks vs Amazon SageMaker?
We researched AWS SageMaker, but in the end, we chose Databricks. Databricks is a Unified Analytics Platform designed to accelerate innovation projects. It is based on Spark so it is very fast. It...
Which would you choose - Databricks or Azure Stream Analytics?
Databricks is an easy-to-set-up and versatile tool for data management, analysis, and business analytics. For analytics teams that have to interpret data to further the business goals of their orga...
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?
TM1 is quite expensive, and I'd rate the pricing as an eight out of ten. While we do get what we want in terms of functionalities and compatibility with other IBM tools, given the product's old arc...
What needs improvement with IBM Planning Analytics?
Since I'm using TM1 as an old version of Planning Analytics, it wouldn't be fair to specify what needs improvement because it's possible these issues have already been addressed in newer versions. ...
 

Also Known As

Databricks Unified Analytics, Databricks Unified Analytics Platform, Redash
Cognos TM1, IBM Cognos TM1
 

Overview

 

Sample Customers

Elsevier, MyFitnessPal, Sharethrough, Automatic Labs, Celtra, Radius Intelligence, Yesware
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 Snowflake Computing, Microsoft, Google and others in Cloud Data Warehouse. Updated: April 2025.
847,625 professionals have used our research since 2012.