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IBM Planning Analytics vs Qlik Sense 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)
Qlik Sense
Average Rating
8.6
Number of Reviews
115
Ranking in other categories
Data Visualization (2nd), Embedded BI (2nd)
 

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.
Qlik Sense, on the other hand, focuses on Data Visualization, holds 8.0% mindshare, down 10.4% since last year.
Business Performance Management
Data Visualization
 

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.
Jennifer Sinn - PeerSpot reviewer
Apr 26, 2023
Easy to use with robust reporting and great visualizations
I am not sure what improvements could be made. Qlik Sense is very user-friendly. The only thing I would like to see is the ability to create a master app that opens when a user creates a new app that has all the master items, colors, logos, etc., that my organization uses. This would help with keeping master items the same across the apps and would make development a little quicker. This feature would also make it easier for our business users when they want to create an app since they wouldn't need to worry about adding all the needed data sources to it, it they were already there, and they could just press load.

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."
"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."
"It's a very stable, robust product."
"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 feature is that it is able to slice and dice the data."
"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."
"Qlik Sense brings in the concept of shared libraries where one user can create custom dimensions (even with drill-down functionality), measures, and even visualizations and save it to the "Master Items," from which the other users can simply drag and drop to use it for their analysis."
"It offers good control. Loading the logs is also a good thing."
"The extensibility of the Platform with either internally created extensions or the use of third-party provided items really opens the platform up."
"The most valuable feature is the mobile platform."
"This solution has improved our organization by making our analysis results available to customers."
"The drag-and-drop dashboard builder is an intuitive interface for building dashboards from source reports."
"Set analysis is great for its power user capabilities such as performing an IF on an aggregated column. The ability to create custom coloring expressions based on values is also a good idea although not as easy as I wished it was."
"The GeoAnalytics paints such a clear picture. It provides a visual of our patient volume, giving us opportunities to see how we are trending in the surrounding cities, and making us more aware of locations that we need to focus more on."
 

Cons

"The workspace API should be improved and documented so we know better which objects are used."
"It is a bit expensive, but it does the job."
"It's wonky, and not super user-friendly with Excel."
"It would have been better if the solution was not just a tool kit."
"Extracting data is a little slow."
"Adding predefined templates could be beneficial."
"The local authentication part is difficult to manage in the product, making it an area where improvements are required."
"Planning Analytics could be improved by adding automation features."
"Some of the charts are still a bit basic and screen rendering on different sized monitors can be an issue."
"I would like to more easily themed environments."
"There is an inability to effectively manage (pre)caching (scheduling, assigning for respective user groups, etc), especially without community extensions or uour own development."
"A valuable improvement for this solution would be the enabling of us to host dashboards for our customers."
"Integrated maps should become part of the Qlik Sense, as opposed to buying an additional module just to power the BI, which has it built-in natively within the application."
"The QMC needs more work. Some of the features should be available directly from the hub. Too many duplicates/publish. Intelli-sense when loading a stored qvd would help so much with remembering column names. The pop-up windows are too small when working in the QMC."
"Qlik has a fast learning curve due to great online training resources (Qlik continuous classroom), but those are lacking the advance features like building extensions and using the API."
"It's going to take 20 to 30 minutes to refresh sometimes."
 

Pricing and Cost Advice

"Our licensing cost is approximately $50,000.00 per year."
"It is a bit expensive, but you get what you are paying for."
"I would rate the tool's pricing a nine out of ten since it's expensive."
"IBM Planning Analytics is not the cheapest solution, but it's priced per the market standard for this type of solution. I rate the price at seven out of ten."
"IBM Planning Analytics is priced well, and licensing costs are yearly."
"Compared with the other tools in the market, IBM Planning Analytics is a bit expensive."
"The license of this solution is paid annually. Most of my customers choose a license that includes support."
"I'm not able to reveal the licensing cost for Qlik Sense, but because it was a huge deal, the cost was less than the usual cost. The license wasn't that costly. It was the infrastructure that was very costly."
"Licensing can start to get expensive, but compared to other tools in this space it is about average."
"Licensing is quite good, easy, but slightly expensive."
"The solution is worth it."
"Qlik Sense and its pricing model can follow any scalability."
"The cost is not bad considering the flexibility and support you receive from Qlik. I believe it is worth the cost."
"The license mechanism of Qlik is quite complicated and not exchangeable. Such as 2016, they charge licenses by token, 1500$ for a token / 1 user. 2018: they change to 2 kinds of licenses: professional 1500$ / user, analyzer 800$ / user. 2019: they support subscription with 70$ Monthly for professional, 40$ monthly for analyzers, but for those you’re using perpetual licenses, they don't support acquiring more subscription licenses. The maintenance fee yearly are also high, 20% of the perpetual license."
"Qlik Sense pricing and licensing is like that of QlikView. It's on the high side for a small company, but it’s competitive among its peers. Use of licenses (referred to as tokens) is a bit confusing. There is a login access pass for infrequent or anonymous access."
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Top Industries

By visitors reading reviews
Educational Organization
46%
Financial Services Firm
10%
Computer Software Company
7%
Manufacturing Company
6%
Educational Organization
56%
Financial Services Firm
9%
Computer Software Company
5%
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
It depends on the Data architecture and the complexity of your requirement. Some great tools in the market are Qlik Sense, Power BI, OBIEE, Tableau, etc. I have recently started using Cognos Enter...
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...
What do you like most about Qlik Sense?
The most valuable features of Qlik Sense are its speed and seamless development of web technologies.
 

Also Known As

Cognos TM1, IBM Cognos TM1
QlikSense
 

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
Abbvie, Airbus, Barclays, BT Openreach, BMW, Daimler AG, HSBC, IKEA, Nationwide Building Society, Royal Mail Group, Sanofi, Siemens, Wendy'', Vodafone, Volvo
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.