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IBM Planning Analytics vs Microsoft Power BI comparison

 

Comparison Buyer's Guide

Executive Summary
 

Categories and Ranking

IBM Planning Analytics
Average Rating
8.6
Number of Reviews
23
Ranking in other categories
Business Performance Management (4th)
Microsoft Power BI
Average Rating
8.0
Number of Reviews
315
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 9.6%, up 8.3% compared to last year.
Microsoft Power BI, on the other hand, focuses on BI (Business Intelligence) Tools, holds 23.0% mindshare, up 22.8% since last year.
Business Performance Management
BI (Business Intelligence) Tools
 

Featured Reviews

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.
Amol Rane - PeerSpot reviewer
Jul 17, 2024
Supports AI initiatives in terms of predictive analytics
The only issue is with permissions. Sometimes, despite granting granular permissions, dashboards are visible to people who shouldn't have access. It's difficult to understand why the permissions slip out. Sometimes dashboards are visible to stakeholders even though they should not have permission. It's a bit difficult to understand why the permissions slip out. The dashboards lack a user-friendly appearance, and the permissions should be easier to understand. At this point, we have to go through a lot of details. It takes a lot of time to understand the permissions, so if there were better options available within the Power BI setup, it would be quite beneficial, especially for admins. So, there should be a more user-friendly dashboard appearance and easier-to-understand permissions.

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 product's stability is good."
"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"
"All the different platforms are well integrated."
"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 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."
"Good CS and administration."
"The solution is very easy to use."
"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."
"It's user-friendly and provides data abstracting capabilities. We are also able to share reports with our colleagues very easily."
"The user interface is easy to work with."
"The most valuable feature of Power BI is its ability to provide customized visualizations and insights tailored to specific business needs."
"We have found the product very stable and reliable."
"Power BI pricing is generally considered more affordable than Tableau."
 

Cons

"It is a bit expensive, but it does the job."
"Planning Analytics could be improved by adding automation features."
"The local authentication part is difficult to manage in the product, making it an area where improvements are required."
"The dashboard is very poor and needs a lot of improvement."
"Adding predefined templates could be beneficial."
"The tool should include features for prediction. It can also improve the scalability."
"It's wonky, and not super user-friendly with Excel."
"It would have been better if the solution was not just a tool kit."
"The solution is somewhat costly in comparison with MSBI tools."
"I believe the price should be degressive, and we should have a lower, or better unit price if we have more users."
"Adding paginated reports to this tool could be of great help for users who want to move away from SSRS."
"I have a little problem with Synapse Analytics because it's very new. It's a product that has many capabilities, but it is not very well developed. I have to see the list of permissions from one object. I can't do this in Synapse. I have to search on the web for a solution because I don't have the tool for it."
"here are some limitations with the data models needed to build the report."
"When you go to the cloud, its licensing is not intuitive. It is a little bit complex. When you have to purchase a new license, it is difficult to understand on their website what exactly you need to pay and how you can group. It is something that is applicable to all Microsoft products. They're not always so simple and clear when it comes to licensing. Their support can also be better in terms of explaining how they resolved an issue and what steps they took to resolve it. They are able to resolve the issue, but they can be better at explaining the approach they took to resolve the issue. It could have something in the direction of machine learning. It can have some kind of integration with machine learning where you can ask for some reports with natural language."
"Capacity could be improved."
"In the future, Microsoft BI can be better by increasing user-friendliness"
 

Pricing and Cost Advice

"Our licensing cost is approximately $50,000.00 per year."
"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."
"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."
"It is a bit expensive, but you get what you are paying for."
"Regarding cost, the initial investment wasn't too high, but ongoing licensing could add up."
"There are a few options available for purchasing a license. Typically the number of users you have will determine the price of the license. The more users you have the more you will pay."
"The licensing can be complicated."
"Microsoft BI is very cost-effective and this is why we use it."
"No comment on pricing."
"If you purchase a license for a server, for users, or the professional version, you might not have to. The free version I think it can satisfy many customers' needs."
"The pricing is good. It's pretty competitive because I have worked on a few other tools as well, and Power BI is on the cheaper side."
"Power BI premium is really expensive for our market. A lot of small and medium companies would like to purchase it, but they can't afford it."
report
Use our free recommendation engine to learn which Business Performance Management solutions are best for your needs.
814,649 professionals have used our research since 2012.
 

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
46%
Financial Services Firm
10%
Computer Software Company
7%
Manufacturing Company
6%
Educational Organization
41%
Financial Services Firm
8%
Computer Software Company
7%
Manufacturing Company
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
 

Learn More

 

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
Find out what your peers are saying about Anaplan, Oracle, IBM and others in Business Performance Management. Updated: October 2024.
814,649 professionals have used our research since 2012.