IBM Planning Analytics vs Oracle Analytics Cloud comparison

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2,274 views|1,333 comparisons
94% willing to recommend
Oracle Logo
6,806 views|3,775 comparisons
78% willing to recommend
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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, Jedox and others in Business Performance Management.
To learn more, read our detailed Business Performance Management Report (Updated: June 2024).
772,679 professionals have used our research since 2012.
Featured Review
Quotes From Members
We asked business professionals to review the solutions they use.
Here are some excerpts of what they said:
Pros
"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 tool is flexible.""All the different platforms are well integrated.""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.""Planning Analytics' best features include automatic updates and slicing.""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 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"

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"This is a stable and scalable solution.""The features that I find to be the most valuable are the BAS (Business Analytics), the Narrate feature, and the auto-visualization.""The technical support is excellent, and they respond quickly.""The most valuable features of the solution are dashboarding and data visualization.""The best feature may be data flow, which is used to prepare and clean data.""The solution is user-friendly.""It plays a crucial role in facilitating decision-making for various organizational stakeholders.""The product is easily customized."

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Cons
"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 tool's transport layer could be improved when promoting development between environments.""It would have been better if the solution was not just a tool kit.""It's wonky, and not super user-friendly with Excel.""The local authentication part is difficult to manage in the product, making it an area where improvements are required.""Adding predefined templates could be beneficial.""Planning Analytics could be improved by adding automation features.""The dashboard is very poor and needs a lot of improvement."

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"It should simplify data connectivity and modeling, making data extraction more streamlined and adaptable for diverse use cases.""The product could benefit from increased flexibility compared to other vendors.""The price of the solution could be lower.""At this time, dataflows cannot be shared, but I think that this should be enhanced.""The implementation of generative AI and machine learning should improve""Its FAW feature has limitations in terms of usage.""They could improve the ease of developing the dashboard and interacting with it.""The product should be improved in terms of connectors; right now the top twenty connectors are available, but OneDrive and Teradata are missing."

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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."
  • "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."
  • "IBM Planning Analytics is priced well, and licensing costs are yearly."
  • "Compared with the other tools in the market, IBM Planning Analytics is a bit expensive."
  • More IBM Planning Analytics Pricing and Cost Advice →

  • "Bottom line, the cost is really, really cheap compared to other solutions. Oracle has made a huge effort on the pricing."
  • "The price is reasonable; it's quite a bit lower than Tableau and Spotfire."
  • "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."
  • "I would rate it a five out of five in terms of the value received for the price charge."
  • "We pay on a monthly basis and it is $10 per user each month."
  • "It is an expensive platform."
  • "I rate the product's pricing a nine on a scale of one to ten, where one is cheap, and ten is expensive."
  • "The product’s pricing is expensive. However, feature-wise, it fits the requirements of enterprise customers."
  • More Oracle Analytics Cloud Pricing and Cost Advice →

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    Questions from the Community
    Top Answer:The most valuable features of IBM Planning Analytics for streamlining planning processes include a unified database where all data are centralized.
    Top Answer:The cost of IBM Planning Analytics is not cheap, considering the amount of money involved. However, it offers good ROI for customers.
    Top Answer:To improve IBM Planning Analytics, adding predefined templates could be beneficial. These templates could cover various business areas like volume planning, service levels, and more. Specific… more »
    Top Answer: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. OBIEE… more »
    Top Answer:The ability to quickly search for and access relevant data is crucial.
    Top Answer:Oracle Analytics Cloud's pricing is generally higher than that of Tableau and Power BI. I rate pricing a nine out of ten.
    Ranking
    Views
    2,274
    Comparisons
    1,333
    Reviews
    5
    Average Words per Review
    325
    Rating
    9.2
    Views
    6,806
    Comparisons
    3,775
    Reviews
    14
    Average Words per Review
    452
    Rating
    7.7
    Comparisons
    Also Known As
    Cognos TM1, IBM Cognos TM1
    Oracle Analytics Cloud Service, OAC, Oracle Data Visualization, Oracle Data Visualization Cloud Service, ODV
    Learn More
    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
    Sejong Hospital
    Top Industries
    REVIEWERS
    Computer Software Company25%
    Non Tech Company13%
    Real Estate/Law Firm13%
    Leisure / Travel Company13%
    VISITORS READING REVIEWS
    Educational Organization43%
    Financial Services Firm11%
    Computer Software Company7%
    Manufacturing Company5%
    REVIEWERS
    Financial Services Firm36%
    Individual & Family Service14%
    Computer Software Company14%
    Transportation Company14%
    VISITORS READING REVIEWS
    Educational Organization29%
    Financial Services Firm10%
    Computer Software Company9%
    Government7%
    Company Size
    REVIEWERS
    Small Business58%
    Midsize Enterprise17%
    Large Enterprise25%
    VISITORS READING REVIEWS
    Small Business11%
    Midsize Enterprise48%
    Large Enterprise42%
    REVIEWERS
    Small Business37%
    Midsize Enterprise22%
    Large Enterprise41%
    VISITORS READING REVIEWS
    Small Business13%
    Midsize Enterprise36%
    Large Enterprise52%
    Buyer's Guide
    Business Performance Management
    June 2024
    Find out what your peers are saying about Anaplan, Oracle, Jedox and others in Business Performance Management. Updated: June 2024.
    772,679 professionals have used our research since 2012.

    IBM Planning Analytics is ranked 5th in Business Performance Management with 22 reviews while Oracle Analytics Cloud is ranked 8th in BI (Business Intelligence) Tools with 25 reviews. IBM Planning Analytics is rated 8.6, while Oracle Analytics Cloud is rated 8.0. The top reviewer of IBM Planning Analytics writes "Can easily create dashboards and helps businesses improve forecasting accuracy". On the other hand, the top reviewer of Oracle Analytics Cloud writes "Reliable, capable of handling massive amounts of data, and good value for money". IBM Planning Analytics is most compared with SAP Analytics Cloud, Microsoft Power BI, Anaplan, Jedox and IBM Cognos, whereas Oracle Analytics Cloud is most compared with Databricks, Oracle OBIEE, Microsoft Power BI, Tableau and Oracle Business Intelligence Cloud Service.

    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.