IBM Planning Analytics vs MicroStrategy comparison

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IBM Planning Analytics

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Executive Summary

We performed a comparison between IBM Planning Analytics and MicroStrategy based on real PeerSpot user reviews.

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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

IBM Planning Analytics

Average Rating

8.6

Reviews Sentiment

6.8

Number of Reviews

Ranking in other categories

Business Performance Management (4th)

MicroStrategy

Average Rating

8.2

Reviews Sentiment

6.7

Number of Reviews

159

Ranking in other categories

BI (Business Intelligence) Tools (8th), Embedded BI (3rd)

Mindshare comparison

While both are Business Intelligence solutions, they serve different purposes. IBM Planning Analytics is designed for Business Performance Management and holds a mindshare of 9.5%, up 8.7% compared to last year.
MicroStrategy, on the other hand, focuses on BI (Business Intelligence) Tools, holds 3.5% mindshare, down 3.5% since last year.

Business Performance Management

BI (Business Intelligence) Tools

Featured Reviews

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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Harjinder-Singh

Data engineer at a insurance company with 10,001+ employees

Offers a simplified attribute and maze-creation process but lacks a thriving community

The solution provider should take some initiatives to grow the MicroStrategy community because, presently, it's quite small, and I wasn't able to find a solution to my problem by searching in the community. MicroStrategy can offer user-friendly training through platforms such as YouTube. Recently, at our company, the features we were able to utilize in the developer tool were not there in the workstation; such issues can be resolved through training videos or learning content distribution from MicroStrategy. The solution provider is presently promoting the workstation on the cloud instead of the developer tool, so there should be relevant resources for learning about the product. MicroStrategy is also working on integrating AI technology into its product. The object migration process from one environment to another using the solution is somewhat complex. It involves package creation, dependency, and transportation. But the migration process is rather simpler in OBIEE, where reports need to be archived in one system and unarchived in another, for example, from Dev to SID.

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

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

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

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

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

"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"

More IBM Planning Analytics pros

"The ability to create aesthetically pleasing information by providing dashboards."

"The most valuable feature is the ability to build reports, then customize for different groups instead of having to build multiple reports. Therefore, the ability to build customization in the reports for different groups."

"Having the intelligence server sit in the middle is huge for us. It is going to save us a lot of time, make our work a lot simpler, make it easier for deployment, and getting the reports in the hands of our users sooner."

"The most valuable feature is the ability to actually embed actions, comments, being able to leverage Transaction Services to embed the tool into a business process."

"It has had a direct impact on bottomline improvements."

"The whole repository side of things is beneficial because you develop it once, and you can use it anywhere, in the Enterprise grade."

"The single stack solution will always be more profitable, scalable, and elastic for organizational needs."

"This solution is the most scalable BI platform in the world."

More MicroStrategy pros

Cons

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

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

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

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

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

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

"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."

More IBM Planning Analytics cons

"Something I would be interested in is more visualizations, because right now we use SDK to create some. If there were more out-of-the-box options, we would be happy with that."

"There is room for improvement in data visualization."

"MicroStrategy should become more user friendly. It should behave more like Tableau."

"If they can make it more stable, in terms of the connectivity, that would help."

"I would like to see a feature where migrations are easier. When you migrate from certain environments, it could probably be a little cleaner. Sometimes it seems to be somewhat clunky when you migrate from one environment, say a development to a test or production environment."

"Scalability is something which will need to be improved when it goes to a bigger audience."

"MicroStrategy needs to do some more development to make the platform easier to use. It's a complicated platform that requires a lot of skill to effectively utilize. So they could work on reducing the complexity to make it more accessible for a broader community of people."

"I wouldn't recommend it if you have no data warehouses; for example, you would need to find a lot of knowledge to transform the data in MicroStrategy itself. So that could be quite challenging."

More MicroStrategy cons

Pricing and Cost Advice

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

"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."

"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."

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

"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."

"The price of MicroStrategy is reasonable."

"Additional costs are associated with maintenance."

"While initial cost of MicroStrategy is still on the higher side, the long-term benefits brings down overall cost of ownership significantly as compared to other tools like Tableau/Cognos."

"They made a change in the licensing module some time ago and we can now use all the enterprise tools for free."

"There have been actual direct bottomline impacts in terms of extra revenue created from the reporting solutions."

"It is expensive. We would like to extend it to many users, but we are currently restricting that because the cost is a constraint. If we are given a chance, we would love to expand it."

"It would be nice if there was a sticker price that says, "This software costs this amount of money." But I think that's just indicative of all software vendors. A lot of people are in it to make money, commissions, so it's just the nature of the business. But I would like to see more transparency, more equality, on pricing. Some people get better deals than others, I think."

"The price was good. We have had great support along the way."

More MicroStrategy pricing and cost advice

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Comparison Review

it_user6330

Product Manager at a retailer with 10,001+ employees

May 2, 2013

MicroStrategy vs. Tableau

After a recent presentation, several attendees asked me about the applications of Visual Insights and Tableau. Many companies are investing in both tools and are trying to figure out the right tool for specific applications Tableau has found its sweet-spot as an agile discovery tool that analysts…

Read full review

Top Industries

By visitors reading reviews

Educational Organization

49%

Financial Services Firm

Computer Software Company

Manufacturing Company

Financial Services Firm

18%

Computer Software Company

10%

Retailer

Insurance Company

Company Size

By reviewers

Large Enterprise

Midsize Enterprise

Small Business

Questions from the Community

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.

What do you like most about MicroStrategy?

The stability of the product is good.

What is your experience regarding pricing and costs for MicroStrategy?

For larger businesses, I think the pricing is logical, but for smaller companies, it can be a bit costly.

What needs improvement with MicroStrategy?

There is a need to improve the automatic generation of metrics in MicroStrategy, as currently everything must be done manually. Additionally, the hierarchy creation process in MicroStrategy could b...

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Product Reports

Download IBM Planning Analytics product report

IBM Planning Analytics

January 2025

Download MicroStrategy product report

January 2025

Also Known As

Cognos TM1, IBM Cognos TM1

No data available

Learn More

IBM

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Overview

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.

Company: Founded in 1989, MicroStrategy (Nasdaq: MSTR) is a leading worldwide provider of enterprise software platforms. With direct operations in 26 countries worldwide and approximately 2,000 employees, our mission is to provide enterprise analytics, mobility, and security platforms that are flexible, powerful, scalable and user-friendly. To learn more, visit MicroStrategy online, and follow us on Facebook and Twitter.

Product portfoilio:

MicroStrategy 10 Secure Enterprise™ empowers leading organizations to analyze vast amounts of data and distribute actionable business insight throughout an enterprise through two distinct offerings: MicroStrategy Analytics™ and MicroStrategy Desktop™. MicroStrategy Analytics delivers reports and dashboards, and enables users to conduct ad hoc analysis and share insights anywhere, anytime, via mobile devices or the Web. It also combines the agility and productivity of self-service visual data discovery with the security, scalability, and governance features of enterprise-grade business intelligence. MicroStrategy Desktop is a standalone, on-premise visual data discovery tool designed to enable business users to analyze and understand their data. MicroStrategy Mobile™ enables organizations to rapidly build custom business applications that deliver analytics combined with transactions, multimedia, and custom workflows to mobile devices. MicroStrategy Secure Cloud™ combines all of the enterprise analytics, mobile, and security features in MicroStrategy 10 Secure Enterprise with powerful and scalable data integration, validation, and warehousing services — all delivered in an environment where organizations can deploy transformational analytics applications in minutes.

Usher, MicroStrategy’s breakthrough security solution, is a powerful mobile security platform designed to dematerialize traditional forms of identity verification (such as passwords, tokens, and physical badges) and replace them with a single mobile identity badge that is cryptographically linked to its owner’s smartphone and dynamically linked to an enterprise’s existing identity repositories. Usher works on standard Android and iOS smartphones, and also boasts an Apple Watch™ integration.

Sample Customers

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

Allstate Insurance, Barneys New York, Boston Children's Hospital, Buenos Aires Department of the Treasury, Campbell Soup Company, DHL, eBay, eHarmony, Facebook, Four Seasons Hotels Inc., Godiva, Hard Rock International, LinkedIn, Netflix, Pfizer, SECO (Swiss Government Unemployment Agency), Starbucks, Texas A&M University, Thomson Reuters Markets, US House of Representatives, and the US Postal Service.