IBM Planning Analytics vs Oracle Analytics Cloud comparison

The compared IBM and Oracle solutions aren't in the same category. IBM is ranked #4 in BPM , with an average rating of 9.2, and holds a 9.6% mindshare in the category. Oracle is ranked #9 in BIT , with an average rating of 8.2, and holds a 2.4% mindshare. Additionally, 94% of IBM users are willing to recommend the solution, compared to 78% of Oracle users who would recommend it.

IBM Planning Analytics

Read 23 IBM Planning Analytics reviews

2,057 Views
1,289 Comparison Views

94% willing to recommend

Oracle Analytics Cloud

Read 25 Oracle Analytics Cloud reviews

5,009 Views
2,862 Comparison Views

78% willing to recommend

IBM Planning Analytics

Oracle Analytics Cloud

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Executive Summary

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

Find out what your peers are saying about Anaplan, Oracle, IBM and others in Business Performance Management.

To learn more, read our detailed Business Performance Management Report (Updated: October 2024).

Buyer's Guide

Business Performance Management

October 2024

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Helped 814,649 peers since 2012

Categories and Ranking

IBM Planning Analytics

Average Rating

8.6

Number of Reviews

Ranking in other categories

Business Performance Management (4th)

Oracle Analytics Cloud

Average Rating

8.0

Number of Reviews

Ranking in other categories

BI (Business Intelligence) Tools (9th), Data Visualization (7th)

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.
Oracle Analytics Cloud, on the other hand, focuses on BI (Business Intelligence) Tools, holds 2.4% mindshare, down 3.2% since last year.

Business Performance Management

BI (Business Intelligence) Tools

Featured Reviews

Gnanavel-Chakkarapani

Junior Consultant at CMA CGM

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.

Read full review

Istiaque-Bhuiyan

General Manager at Ruby Ezate Ltd.

Oct 19, 2023

A versatile tool that addresses industry challenges by improving data quality, enabling data-driven decisions, and enhancing compliance

It plays a crucial role in facilitating decision-making for various organizational stakeholders. It empowers stakeholders to make informed decisions about production, predictive analysis, and overall business strategy through intuitive dashboards. This includes financial decision-makers such as the…

Read full review

Quotes from Members

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

Pros

"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 a very stable, robust product."

"The scenario modeling capabilities are frequently used to create different scenarios, compare them, and see which action leads to which result."

"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."

"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."

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

"All the different platforms are well integrated."

More IBM Planning Analytics pros

"It plays a crucial role in facilitating decision-making for various organizational stakeholders."

"I've discovered that the new layout of this product makes Docker sharing, machine learning support, and data backups more efficient. Unlike the older method of linking physical, pre-logical, and presentation layers separately, the new interface simplifies this process. Additionally, the integration of databases and machine learning is seamless, with the new visualization approach being particularly beautiful and highly beneficial."

"A valuable feature is the speed of the solution."

"The best feature may be data flow, which is used to prepare and clean data."

"The most valuable features of the solution are dashboarding and data visualization."

"Mobility is the most valuable feature for us. All employees can access it from anywhere. It is a big advantage for us."

"It's robust. It has the ability to handle massive amounts. After reporting has been developed, there is an ease of use or a user-friendly interface for a trained workforce."

"Analytics Cloud allows you to merge various data types and structure data from multiple sources."

More Oracle Analytics Cloud pros

Cons

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

"The tool's transport layer could be improved when promoting development between environments."

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

"It would have been better if the solution was not just a tool kit."

"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."

"Adding predefined templates could be beneficial."

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

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

More IBM Planning Analytics cons

"The interfaces could be improved and some in-memory operations could be built in."

"Sharing dataflows is not possible at this time, and the custom chart functionality is not available."

"Analytics Cloud allows you to merge various data types and structure data from multiple sources."

"The learning curve should be improved, and I'm uncertain if tutorials are readily available or easily accessible. We may have resorted to looking on YouTube for such information. Having easily understandable documents or guides for new users would be beneficial. AI integration would be an interesting feature to add in the next release."

"It is less scalable than Snowflake."

"This solution could be more adaptable in its application."

"Oracle Analytics Cloud is lacking in charts. They should add more charts to it."

"When you implement the product on a small scale, it doesn't generate any ROI."

More Oracle Analytics Cloud cons

Pricing and Cost Advice

"The license of this solution is paid annually. Most of my customers choose a license that includes support."

"IBM Planning Analytics is priced well, and licensing costs are yearly."

"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."

"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."

"I would rate the tool's pricing a nine out of ten since it's expensive."

"A highly cost-effective solution"

"The price is reasonable; it's quite a bit lower than Tableau and Spotfire."

"I rate the product's pricing a nine on a scale of one to ten, where one is cheap, and ten is expensive."

"I don't know the exact cost, but its pricing was good. Its pricing was competitive. I would rate it a three out of five in terms of pricing."

"Oracle Analytics Cloud's pricing is generally higher than that of other vendors."

"The tool's pricing is not unreasonable or non-competitive."

"Bottom line, the cost is really, really cheap compared to other solutions. Oracle has made a huge effort on the pricing."

"I would rate it a five out of five in terms of the value received for the price charge."

More Oracle Analytics Cloud pricing and cost advice

See which vendors are best for you

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Top Industries

By visitors reading reviews

Educational Organization

46%

Financial Services Firm

10%

Computer Software Company

Manufacturing Company

Educational Organization

36%

Financial Services Firm

Computer Software Company

Government

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.

See all answers

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.

See all answers

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.

See all answers

Which Oracle product is better - OBIEE or Analytics Cloud?

Oracle OBIEE is designed to be relatively easy to set up and has a helpful customer support staff at the ready to assist customers. These are two attributes that make this system quite valuable. OB...

See all answers

What do you like most about Oracle Analytics Cloud?

The ability to quickly search for and access relevant data is crucial.

See all answers

What is your experience regarding pricing and costs for Oracle Analytics Cloud?

The solution is highly cost-effective and easy to customize. The pricing is quite reasonable if the long-term benefits are considered. I would rate the pricing a five out of ten. A company can depe...

See all answers

Comparisons

SAP Analytics Cloud vs IBM Planning Analytics

Compared 22% of the time

Microsoft Power BI vs IBM Planning Analytics

Compared 20% of the time

Anaplan vs IBM Planning Analytics

Compared 10% of the time

Jedox vs IBM Planning Analytics

Compared 9% of the time

Oracle Hyperion vs IBM Planning Analytics

Compared 7% of the time

More IBM Planning Analytics Competitors

Oracle OBIEE vs Oracle Analytics Cloud

Compared 19% of the time

Databricks vs Oracle Analytics Cloud

Compared 15% of the time

Microsoft Power BI vs Oracle Analytics Cloud

Compared 14% of the time

Oracle Business Intelligence Cloud Service vs Oracle Analytics Cloud

Compared 12% of the time

Tableau vs Oracle Analytics Cloud

Compared 10% of the time

More Oracle Analytics Cloud Competitors

Product Reports

Buyer's Guide

IBM Planning Analytics

October 2024

Download IBM Planning Analytics product report

Buyer's Guide

Oracle Analytics Cloud

October 2024

Download Oracle Analytics Cloud product report

Also Known As

Cognos TM1, IBM Cognos TM1

Oracle Analytics Cloud Service, OAC, Oracle Data Visualization, Oracle Data Visualization Cloud Service, ODV

Learn More

IBM

Oracle

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.

Oracle Analytics is a complete platform with ready-to-use services for a wide variety of workloads and data.

Oracle Analytics allows businesses to add AI and machine learning capabilities to any application—and as part of our integrated suite of cloud services to comply with data security and connected without disrupting business operations.

Offering valuable, actionable insights from all types of data—in the cloud, on-premises, or in a hybrid deployment—Oracle Analytics empowers business users, data engineers, and data scientists to access and process relevant data, evaluate predictions, and make quick, accurate decisions.

Oracle Analytics Cloud Features

Oracle Analytics Cloud has many valuable key features. Some of the most useful ones include:

Intelligent search
Smart data discovery
Smart data preparation
Natural language
Auto suggest
Visualization
Dashboarding
Global transformation policies
Smart collaboration
Integrated data science
Enterprise architecture and security
Platform extensibility
Smart data connectors

Oracle Analytics Cloud Benefits

There are many benefits to implementing Oracle Analytics Cloud. Some of the biggest advantages the solution offers include:

Flexibility: Oracle Analytics Cloud gives you the flexibility to grow and change as your business does. At the same time, it puts you in complete control of your analytics environment by allowing you to analyze data and accommodate changing demand easily.

Scalable: Oracle Analytics Cloud is a single, centralized solution that provides everything you need in a scalable environment to support varied user requirements for your organization right now and in the future as well.

Comprehensive analytics: With Oracle Analytics Cloud, existing services are combined with new ones to deliver comprehensive analytics in the cloud. It provides everything you need for analytic agility, from fast, fluid self-service discovery to data loading and blending, inline data prep, data enrichment, automatic visualizations, data storytelling, and more.

Cost-effectiveness: The solution is cost-effective and reduces your total cost of ownership (TCO).
Innovation: Use the latest data analytics technologies, such as AI, machine learning, and natural language processing. Oracle Analytics has been recognized by industry experts for its innovations and robust architecture.

Reviews from Real Users

Below are some reviews and helpful feedback written by PeerSpot users currently using the Oracle Analytics Cloud solution.

Fabricio Q., Data Analytics Manager, says, “The main functionality is great and everything is pretty standard and easy to use. It's great for consolidation and creating one source of truth. The initial setup is pretty straightforward.”

PeerSpot user, Eric B., Independent Consultant - Oracle BI Applications at Desjardins, mentions “It's really an enterprise solution. It has standard dashboarding functionality. It also has reporting capabilities for producing pixel-perfect reports, bursting large volumes of a document if you need to. It has interactive data discovery functionality, which you would use to explore your data, bring your own data, and merge it with maybe the data from an enterprise data warehouse to get new insights from the pre-existing data. It has machine learning embedded in the solution.”

Gaurav S., Vice President Credit Risk Management at a financial services firm, explains, “From a financial or bank perspective, this product is secure enough. The dashboards, analytics, visualizations, and different reports are valuable for business analytics. The AI/ML enablement is useful, as many reporting tools do not offer machine learning models as of now, without writing customized code.”

Another reviewer, Trinh P., Delivery Manager at Sift Ag, comments, "The specific capability I find important in Oracle Analytics Cloud is that it allows the basic user to easily drag and drop data. I also like that the solution allows the user to decide what to measure and what to see in the reports."

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

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Business Performance Management

October 2024

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We monitor all Business Performance Management reviews to prevent fraudulent reviews and keep review quality high. We do not post reviews by company employees or direct competitors. We validate each review for authenticity via cross-reference with LinkedIn, and personal follow-up with the reviewer when necessary.