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Databricks vs IBM Planning Analytics comparison

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Comparison Buyer's Guide

Executive Summary
 

Categories and Ranking

IBM SPSS Statistics
Sponsored
Average Rating
8.0
Number of Reviews
37
Ranking in other categories
Data Mining (3rd), Data Science Platforms (10th)
Databricks
Average Rating
8.2
Number of Reviews
82
Ranking in other categories
Data Science Platforms (1st), Streaming Analytics (1st)
IBM Planning Analytics
Average Rating
8.6
Number of Reviews
23
Ranking in other categories
Business Performance Management (4th)
 

Mindshare comparison

Data Science Platforms
Business Performance Management
 

Featured Reviews

AbakarAhmat - PeerSpot reviewer
Sep 21, 2023
Enhancing survey analysis that provides valued insightfulness
I use it to analyze questionnaire surveys related to a product, solution, or application, such as open data services, which I provide to consumers and end-users. These surveys contain evaluation assessments, and I use SPSS to analyze the responses The most valuable feature is its robust…
Dunstan Matekenya - PeerSpot reviewer
Jul 10, 2024
Process large-scale data sets and integrates with Apache Spark with notebook environment
I primarily use Databricks to process large-scale data sets with Apache Spark. My main use case is processing large data sets, such as 600 GB or 800 GB Databricks integrates natively with Apache Spark, which I use as a processing engine for large-scale datasets. This native integration is one of…
Gnanavel-Chakkarapani - PeerSpot reviewer
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.

Quotes from Members

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

Pros

"Most of the product features are good but I particularly like the linear regression analysis."
"The most valuable feature is its robust statistical analysis capabilities."
"You can quickly build models because it does the work for you."
"It is a modeling tool with helpful automation."
"I've found the descriptive statistics and cross-tabs valuable. The very simple correlations and regressions are as well."
"It has the ability to easily change any variable in our research."
"One feature I found very valuable was the analysis of variance (ANOVA)."
"It offers very good visualization."
"The initial setup is pretty easy."
"The time travel feature is the solution's most valuable aspect."
"Databricks is hosted on the cloud. It is very easy to collaborate with other team members who are working on it. It is production-ready code, and scheduling the jobs is easy."
"The solution offers a free community version."
"The tool helps with data processing and analytics with large-scale data or big data since it is associated with managing data at a large scale."
"I like that Databricks is a unified platform that lets you do streaming and batch processing in the same place. You can do analytics, too. They have added something called Databricks SQL Analytics, allowing users to connect to the data lake to perform analytics. Databricks also will enable you to share your data securely. It integrates with your reporting system as well."
"The ease of use and its accessibility are valuable."
"We can scale the product."
"The most valuable feature is that it is able to slice and dice the data."
"All the different platforms are well integrated."
"Planning Analytics' best features include automatic updates and slicing."
"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."
"The most valuable features of IBM Planning Analytics for streamlining planning processes include a unified database where all data are centralized."
"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."
 

Cons

"The technical support should be improved."
"It could provide even more in the way of automation as there are many opportunities."
"Improvements are needed in the user interface, particularly in terms of user-friendliness."
"IBM SPSS Statistics does not keep you close to your data like KNIME."
"The solution could improve by providing a visual network for predictions and a self-organizing map for clustering."
"The design of the experience can be improved."
"Better documentation on how to use macros."
"Technical support needs some improvement, as they do not respond as quickly as we would like."
"Scalability is an area with certain shortcomings. The solution's scalability needs improvement."
"I would like it if Databricks made it easier to set up a project."
"The solution has some scalability and integration limitations when consolidating legacy systems."
"Generative AI is catching up in areas like data governance and enterprise flavor. Hence, these are places where Databricks has to be faster."
"It should have more compatible and more advanced visualization and machine learning libraries."
"Databricks would benefit from enhanced metrics and tighter integration with Azure's diagnostics."
"There should be better integration with other platforms."
"The pricing of Databricks could be cheaper."
"Planning Analytics could be improved by adding automation features."
"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 tool should include features for prediction. It can also improve the scalability."
"The tool's transport layer could be improved when promoting development between environments."
"It would have been better if the solution was not just a tool kit."
"It's wonky, and not super user-friendly with Excel."
"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."
 

Pricing and Cost Advice

"The price of this solution is a little bit high, which was a problem for my company."
"While the pricing of the product may be higher, the accompanying service and features justify the investment."
"More affordable training for new staff members."
"It's quite expensive, but they do a special deal for universities."
"The pricing of the modeler is high and can reduce the utility of the product for those who can not afford to adopt it."
"Our licence is on a yearly renewal basis. While pricing is not the primary concern in our evaluation, as products are assessed by whether they can meet our user needs and expertise, the cost can be a limiting factor in the number of licences we procure."
"The price of IBM SPSS Statistics could improve."
"If it requires lot of data processing, maybe switching to IBM SPSS Clementine would be better for the buyer."
"I do not exactly know the costs, but one of our clients pays between $100 USD and $200 USD monthly."
"The solution requires a subscription."
"The solution is affordable."
"It is an expensive tool. The licensing model is a pay-as-you-go one."
"Databricks is a very expensive solution. Pricing is an area that could definitely be improved. They could provide a lower end compute and probably reduce the price."
"I would rate Databricks' pricing seven out of ten."
"The cost for Databricks depends on the use case. I work on it as a consultant, so I'm using the client's Databricks, so it depends on how big the client is."
"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."
"The license of this solution is paid annually. Most of my customers choose a license that includes support."
"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."
"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."
"Compared with the other tools in the market, IBM Planning Analytics is a bit expensive."
"IBM Planning Analytics is priced well, and licensing costs are yearly."
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Top Industries

By visitors reading reviews
Financial Services Firm
16%
University
10%
Computer Software Company
9%
Manufacturing Company
8%
Financial Services Firm
16%
Computer Software Company
12%
Manufacturing Company
9%
Healthcare Company
6%
Educational Organization
46%
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

What do you like most about IBM SPSS Statistics?
The software offers consistency across multiple research projects helping us with predictive analytics capabilities.
What is your experience regarding pricing and costs for IBM SPSS Statistics?
While the pricing of the product may be higher, the accompanying service and features justify the investment. However...
What needs improvement with IBM SPSS Statistics?
In some cases, the product takes time to load a large dataset. They could improve this particular area.
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 ...
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 designe...
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 analyti...
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 w...
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 RO...
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.
 

Also Known As

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

Learn More

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Overview

 

Sample Customers

LDB Group, RightShip, Tennessee Highway Patrol, Capgemini Consulting, TEAC Corporation, Ironside, nViso SA, Razorsight, Si.mobil, University Hospitals of Leicester, CROOZ Inc., GFS Fundraising Solutions, Nedbank Ltd., IDS-TILDA
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 Databricks, Knime, Microsoft and others in Data Science Platforms. Updated: October 2024.
814,649 professionals have used our research since 2012.