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IBM Planning Analytics vs Microsoft Power BI 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

IBM Planning Analytics
Average Rating
8.4
Reviews Sentiment
6.8
Number of Reviews
24
Ranking in other categories
Business Performance Management (3rd)
Microsoft Power BI
Average Rating
8.0
Reviews Sentiment
7.3
Number of Reviews
319
Ranking in other categories
BI (Business Intelligence) Tools (1st), Reporting (1st)
 

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 9.2%, up 8.8% compared to last year.
Microsoft Power BI, on the other hand, focuses on BI (Business Intelligence) Tools, holds 21.4% mindshare, down 22.6% since last year.
Business Performance Management
BI (Business Intelligence) Tools
 

Featured Reviews

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.
James Balbach - PeerSpot reviewer
Robust system consistently elevates data visualization and seamlessly updates with user-driven advancements
Power BI is a general-use visualization system. I can express the performance of our network through high-level key performance indicators. It allows me to show detailed improvements in quality and safety and patient experience. I create improvement dashboards for task forces and work teams. I have built analytic dashboards that guide analytics, enabling research and dataset manipulation.

Quotes from Members

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

Pros

"Its stability helps controllers win time in their planning processes."
"Navigating through the data to make analysis is really quick."
"IBM Planning Analytics is easy to use and deploy. It is quick to develop. The calculation machine is also very fast."
"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."
"All the different platforms are well integrated."
"The product's stability is good."
"The tool is flexible."
"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"
"It's user-friendly and provides data abstracting capabilities. We are also able to share reports with our colleagues very easily."
"It is very well integrated with other Microsoft products, including PowerApps and Excel, as well as Access, so it fits well into our workflow."
"MS SQL & SQL Server Analysis Services."
"This is a self-service BI tool, so it doesn't require a huge amount of technical training, knowledge, or a background in BI in order to induct new people into it."
"We've used Microsoft BI for the general use cases around reporting and dashboarding."
"It is easy to use. It has got a desktop where people can develop their own dashboards. Basically, we have figured out how to connect finance contracts and all programs for the government agency. So, they can see everything in a dashboard. So, it is very easy to use from a technical standpoint of view."
"I like the downloadable visualizations a lot. I think that they give the user a very nice starting point in creating awesome dashboards, with the right way to tell their data story."
"What I liked most about the tool is that we can use text queries to create projects and modify columns according to our needs. There are hundreds of YouTube courses on how to use it."
 

Cons

"Extracting data is a little slow."
"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 is a bit expensive, but it does the job."
"It's wonky, and not super user-friendly with Excel."
"The tool should include features for prediction. It can also improve the scalability."
"Scalability is quite hard to implement in TM1, largely since the on-premise installation chosen back in 2014. On a scale, I'd rate scalability at four, out of ten. It's difficult."
"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."
"From a scalability and performance perspective and based on my understanding and feedback from end users, there's room for improvement in data processing, scaling up, and leveraging the cloud. That could be an enhancement area for me to look into."
"I find the solution to be 70 percent stable."
"If I compare it to Tableau, I'd say the visualizations can be better. We should have multiple options. By that I mean, while there are multiple options for the visualization, the look and feel of the dashboard when you compare to Tableau is on the lower side. Tableau has a much better visualization."
"From an improvement perspective, I think if the Power BI developers of that platform would really focus on being more detailed and specific on the error messages, it would help a lot of developers troubleshoot and maintain the report ECT or the dashboard ECT."
"One of the more difficult things to do is to export some of the data from Power BI to Excel."
"Areas of Power BI that could be improved are the learning curve for developers who come from non-technical backgrounds."
"If you look at the new tool, even though they promised that you could do data modeling, that you could do everything from the Power BI side, if your data is really large in volume, sometimes it doesn't work on the Power BI. More feature testing from their side would certainly help users."
"The admin view could be improved by making it more simplified to manage a users' activity and other things."
 

Pricing and Cost Advice

"Our licensing cost is approximately $50,000.00 per year."
"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 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."
"IBM Planning Analytics is priced well, and licensing costs are yearly."
"It is a bit expensive, but you get what you are paying for."
"The solution is less expensive than other PowerBI tools, which is why most people go with it, although it does cost more than MSBI tools."
"Paid for itself in the first month."
"All in all, for the price, this is an excellent tool for helping your organization turn mounds of data into useful insights."
"The price of Microsoft BI is expensive. We found the price of Tableau to be less expensive."
"Microsoft BI is not expensive. Compared to the price of other BI products, the price is very fair."
"It is reasonably priced."
"Pricing is a big advantage that Power BI has over Tableau. Power BI is three or four times cheaper than Tableau. For my personal use, I will definitely prefer a $20 monthly fee of Power BI rather than a $70 monthly fee of Tableau. If you pay altogether for Power BI, they give you a discount, whereas, with Tableau, there is no discount. There are three versions of Power BI: Free, Pro, and Premium. The Premium version comes with a lot of things. There is no extra or hidden fee. You pay every month, and the software is with you. If you upgrade, there will be some extra charges."
"Licensing is on a monthly basis, but I am not sure."
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Comparison Review

it_user79932 - PeerSpot reviewer
Feb 4, 2015
Comparison of SAP BO, Tableau, QlikView, Cognos, Microsoft, OBIEE and Pentaho
1. SAP BO/BI Enterprise scalability Security Ease of use Semantic layer 2. Tableau Visualization Data discovery Turnaround time 3. IBM Cognos Enterprise scalability Security In-memory feature 4. MS BI - Flexibility 5. Pentaho - Open source but still enterprise grade 6. QlikView Data…
 

Top Industries

By visitors reading reviews
Educational Organization
49%
Financial Services Firm
9%
Computer Software Company
6%
Manufacturing Company
5%
Educational Organization
43%
Financial Services Firm
8%
Computer Software Company
6%
Government
5%
 

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.
Seeking lightweight open source BI software
There are many...It would rather depend what System BI architecture or Enterprise legacy you have at your end...I would recommend as follows: 1) If you have legacies of SAP, Oracle - look for SAP...
Is Power BI a complete platform or only a visualization tool?
Power BI is an advanced visualization tool oriented to big data with a very complete set of widgets to visualize information, control users accessing information, the configuration of governance po...
How does Oracle OBIEE compare with Microsoft BI?
Oracle OBIEE is great in allowing design and creativity per the individual needs of the organization. Dashboards are fully customizable and very user-friendly. This solution is very stable. Oracle ...
 

Also Known As

Cognos TM1, IBM Cognos TM1
SSRS, SSAS, MSBI, MS Reporting Services, Microsoft BI Tools, Microsoft Big Data, Power BI Pro, MS BI
 

Overview

 

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
Accenture Adidas Aetna AIG Airbus Alibaba Allstate Amazon American Express Aon AT&T Audi Bank of America BASF Bayer Berkshire Hathaway Boeing Coca-Cola Comcast Cisco Coca-Cola Dell Disney Emirates Equinix FedEx Ford GE Google H&M Home Depot Honda IBM Intel JPMorgan Chase Kellogg's Kroger L'Oréal McDonald's Merck MetLife Microsoft Nike Oracle P&G PepsiCo Procter & Gamble Prudential Financial SAP Siemens Snapchat Spotify Starbucks Target Toyota T-Mobile Unilever Visa Walmart WeWork World Bank Xerox
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