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IBM Planning Analytics vs MicroStrategy 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)
MicroStrategy
Average Rating
8.2
Reviews Sentiment
6.7
Number of Reviews
160
Ranking in other categories
BI (Business Intelligence) Tools (9th), Embedded BI (4th)
 

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 8.7%, down 9.2% compared to last year.
MicroStrategy, on the other hand, focuses on BI (Business Intelligence) Tools, holds 3.2% mindshare, down 3.6% 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.
AJIN S L - PeerSpot reviewer
Experience has shown effective features for analysis, but needs interface improvements
The most effective features of MicroStrategy for data analysis are those that cater to user needs. However, I find Power BI to be more useful when comparing some features, but my company does not choose Power BI due to certain code restrictions. The MicroStrategy interface is not as good as Power BI, especially concerning the user-friendly aspects.

Quotes from Members

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

Pros

"The most valuable feature is that it is able to slice and dice the data."
"The most valuable features of IBM Planning Analytics for streamlining planning processes include a unified database where all data are centralized."
"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"
"The scenario modeling capabilities are frequently used to create different scenarios, compare them, and see which action leads to which result."
"Navigating through the data to make analysis is really quick."
"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 tool is flexible."
"This level of stability is crucial for a product like Cognos TM1, as using an unstable platform would result in loss of time."
"I really like the visualizations. I like how you can put large data sets in there, then the user can quickly go through the data and drill down at various levels to understand things."
"It is definitely customizable. We have been able to put in key metrics and performance indicators, thus it is customizable."
"The whole repository side of things is beneficial because you develop it once, and you can use it anywhere, in the Enterprise grade."
"Visual Insights (VI)"
"The drill-down functionality is also very good."
"It is a great tool and has the best offerings for doing data analysis."
"MicroStrategy has what they call the Semantic Graph — an enterprise-grade semantic graph — and I think the technology is fantastic."
"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."
 

Cons

"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 would have been better if the solution was not just a tool kit."
"The tool should include features for prediction. It can also improve the scalability."
"It's wonky, and not super user-friendly with Excel."
"Adding predefined templates could be beneficial."
"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."
"Extracting data is a little slow."
"The dashboard is very poor and needs a lot of improvement."
"​There are a lot of offerings, and we are not fully using everything to its advantage."
"One of the things that I want to see MicroStrategy do is become more cloud native. Right now, the deployment on cloud is very easy to ruin, it is very much like spinning up separate VMs."
"We would really like to see MicroStrategy have some support teams based more in Europe, because for now it seems that there is one person for the whole CE region. That is not exactly what we would like to see. We do know that MicroStrategy supports most places, either in the US or India, but those are different time zones, people, and cultures."
"Native VI on mobile apps and better android support are lacking."
"This solution is missing enhanced features in the dashboards."
"Getting our data to work with the tool is where we are having issues.​"
"The interface you can design in MicroStrategy is great, but I feel it needs to be refreshed, add a bit more functionality. I would like to see more capabilities on the mobile side, to bring it on par with apps that you see in the App Store."
"Sometimes you can do something in reports, but you cannot do the same thing in documents."
 

Pricing and Cost Advice

"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."
"Compared with the other tools in the market, IBM Planning Analytics is a bit expensive."
"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."
"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 license of this solution is paid annually. Most of my customers choose a license that includes support."
"They need to work on their license structure. They are not competitive against somebody like SAP BusinessObjects. We had a quote that was almost a third the price, coming from SAP BusinessObjects, and it's not a better platform. It's not cheaper. They do concurrent user licensing, while MicroStrategy does named user licensing, and that was literally the only difference. But it made a $500,000 difference. They've got to do something to make themselves more competitive. Maybe it's assessing your business users and what you really expect them to use, and maybe giving a reduced price on that. But they are already giving us a 60% discount and they were still a million or so above, over a three-year time period. That doesn't account for synergies as we get from on-site resources that are already available, but I thought that that was a big, big deficit for them."
"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."
"The pricing is fair."
"We have one of the best pricing available, but we can't disclose that information."
"I am unsure what the licensing costs are for this solution however, development costs are around $100,000 per year."
"They offer yearly as well as perpetual licenses."
"​The solution is scalable. A little expensive perhaps, but it is scalable.​"
"The licensing is a bit high per user."
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Comparison Review

it_user6330 - PeerSpot reviewer
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…
 

Top Industries

By visitors reading reviews
Educational Organization
46%
Financial Services Firm
10%
Computer Software Company
7%
Manufacturing Company
6%
Financial Services Firm
17%
Computer Software Company
11%
Retailer
8%
Insurance Company
7%
 

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?
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. ...
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?
MicroStrategy could learn from Power BI's user-friendly interface. I find the user interface lacking when compared to Power BI. Additionally, their hyperintelligence could be improved in certain as...
 

Also Known As

Cognos TM1, IBM Cognos TM1
No data available
 

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
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.
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