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IBM Planning Analytics vs Oracle Hyperion comparison

 

Comparison Buyer's Guide

Executive SummaryUpdated on Dec 19, 2024

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
Ranking in Business Performance Management
3rd
Average Rating
8.6
Reviews Sentiment
6.8
Number of Reviews
23
Ranking in other categories
No ranking in other categories
Oracle Hyperion
Ranking in Business Performance Management
2nd
Average Rating
7.8
Reviews Sentiment
6.4
Number of Reviews
54
Ranking in other categories
No ranking in other categories
 

Mindshare comparison

As of February 2025, in the Business Performance Management category, the mindshare of IBM Planning Analytics is 9.2%, up from 8.8% compared to the previous year. The mindshare of Oracle Hyperion is 12.0%, down from 13.2% compared to the previous year. It is calculated based on PeerSpot user engagement data.
Business Performance Management
 

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.
Mahdi Mohaddes - PeerSpot reviewer
Good tool for data visualization but interface is not very intuitive
I am the one that builds the reports. So, it's the baseline for making any predictions for budgets and something like that. We are an international organization, so it helps us to have consolidated reports and a clearer overview. It certainly supports streamlining across our global operations. The integration of Hyperion into our existing system improved operational efficiency.

Quotes from Members

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

Pros

"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"
"The product's stability is good."
"It's a very stable, robust product."
"The most valuable feature is that it is able to slice and dice the data."
"The scenario modeling capabilities are frequently used to create different scenarios, compare them, and see which action leads to which result."
"IBM Planning Analytics is easy to use and deploy. It is quick to develop. The calculation machine is also very fast."
"Oracle has an integrated solution for Enterprise Performance Management (EPM) and Hyperion. It keeps the two platforms opened up to each other."
"Since it is an enterprise-capable solution, people are not worried about security, giving data, the ability to manage complex consolidation, and its ability to modify reporting."
"Stable and scalable solution with a valuable data integration feature which allows the slicing and dicing of data. It also has a workforce planning feature that allows you to bring in your HR data."
"Oracle Hyperion is an advanced analytical calculation engine that can handle aggregation."
"We like the reporting and tracking of financials."
"Hyperion is helpful for all our budget processes."
"We have found there is excellent stability with Oracle Hyperion."
"This product is very scalable and provides high ROI."
 

Cons

"Planning Analytics could be improved by adding automation features."
"The tool should include features for prediction. It can also improve the scalability."
"It is a bit expensive, but it does the job."
"Adding predefined templates could be beneficial."
"The workspace API should be improved and documented so we know better which objects are used."
"Extracting data is a little slow."
"The local authentication part is difficult to manage in the product, making it an area where improvements are required."
"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 interface could be better. It could be more user-friendly, it is not very intuitive."
"Hyperion has much room for improvement, especially disaster recovery. You don't have the option to choose the proper disaster recovery method. We have Hyperion and an SQL server on the backend. We have active solutions for the backend database server, which aren't working for our people. They've asked us to remove the high availability to increase application performance."
"The solution's reporting and dashboards need improvement."
"The analytics could be improved."
"The most important aspect for improvement is the time efficiency when handling large databases."
"The analytical side of the product could be better and needs to be improved."
"What I like is to have everything on one platform and not in different modules like Oracle Hyperion."
"The reporting feature in Oracle Hyperion isn't the best. It needs improvement."
 

Pricing and Cost Advice

"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 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."
"I would rate the tool's pricing a nine out of ten since it's expensive."
"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."
"We pay for licensing yearly."
"As Oracle's pricing is on the higher end, most businesses prefer to have their own private cloud."
"The licensing cost for the on-premises version of the solution is too high."
"The solution is affordable."
"Oracle Hyperion is not an inexpensive solution."
"It might be considered relatively costly compared to some alternatives."
"Oracle Hyperion's licensing structures are quite expensive for some companies, especially medium-sized companies because of the user-based license."
"Compared with MSBA, it is quite reasonable."
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Top Industries

By visitors reading reviews
Educational Organization
49%
Financial Services Firm
9%
Computer Software Company
6%
Manufacturing Company
6%
Manufacturing Company
12%
Computer Software Company
11%
Financial Services Firm
11%
University
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.
What do you like most about Oracle Hyperion?
We can collect data from various sources, which is very useful for budgeting and planning.
What needs improvement with Oracle Hyperion?
The most important aspect for improvement is the time efficiency when handling large databases. When the database consists of several million records, the software can be slow. However, the perform...
What is your primary use case for Oracle Hyperion?
We use Oracle Hyperion for ad hoc querying and connection with multidimensional databases. It is very easy to use for combining dimensions of the database such as time, geography, and product dimen...
 

Also Known As

Cognos TM1, IBM Cognos TM1
Hyperion
 

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
ITNL, Aditya Birla Nuvo Ltd., Zaklady Farmaceutyczne Polpharma S.A., Daelim Industrial Co. Ltd., Barco N.V., SITA, McGregor Fashion Group B.V., PCCW Ltd.
Find out what your peers are saying about IBM Planning Analytics vs. Oracle Hyperion and other solutions. Updated: January 2025.
832,138 professionals have used our research since 2012.