IBM Planning Analytics vs Tableau comparison

The compared IBM and Salesforce 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. Salesforce is ranked #2 in BIT , with an average rating of 8.7, and holds a 20.6% mindshare. Additionally, 94% of IBM users are willing to recommend the solution, compared to 89% of Salesforce 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

Tableau

Read 294 Tableau reviews

22,137 Views
19,072 Comparison Views

89% willing to recommend

IBM Planning Analytics

Tableau

Comparison Buyer's Guide

Download the report

Executive Summary

We performed a comparison between IBM Planning Analytics and Tableau 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

Download the complete report

Helped 816,406 peers since 2012

Categories and Ranking

IBM Planning Analytics

Average Rating

8.6

Number of Reviews

Ranking in other categories

Business Performance Management (4th)

Tableau

Average Rating

8.4

Reviews Sentiment

6.4

Number of Reviews

294

Ranking in other categories

BI (Business Intelligence) Tools (2nd), Reporting (2nd), Data Visualization (1st), Embedded BI (1st)

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.
Tableau, on the other hand, focuses on BI (Business Intelligence) Tools, holds 20.6% mindshare, up 18.4% since last year.

Business Performance Management

BI (Business Intelligence) Tools

Featured Reviews

Gnanavel-Chakkarapani

Junior Consultant at CMA CGM

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

ROMIL SHAH

Deputy General Manger - Information Technology at Nayara Energy

Provides fast data access with in-memory extracts, makes it easy to create visualizations, and saves time

When it comes to visualizations, Tableau has a limitation as compared to Power BI. It has a limited set of visualizations. Power BI has the entire marketplace, so you can connect and import many visualizations and use them, whereas Tableau has only 10 or 15 visualizations. There should be more visualizations, and there should also be data integration with more cloud providers. Tableau has recently launched a paid version for the documentation. So, documentation has become a little bit challenging when it comes to Tableau development because we do not have any tool to export the data out of it. It is a license-based feature that you need to purchase to prepare documentation. So, on the documentation front, for preparing clear documentation for any dashboard, it would help if we get an embedded option, rather than buying a license for each user for the documentation. To document anything, if I have to connect to each workbook and see what has been written as a formula and then document in the Word document, it is pretty time-consuming. We have the Microsoft stack, and we are currently evaluating Power BI because Tableau has a limitation of 50 columns for a drill-down report. If we want more than 50 columns, we have found a hack, but there is no ready-made option for doing it. So, we have to use another tool in case we need a drilled report with more than 50 columns. There are many instances where users need 80 or 90 columns for their analysis, and switching between two technologies becomes a challenge. It is not a cost-effective approach for us. Their support should be improved. We are not happy with their support. Whenever we raised queries, we were pointed to a few blogs, and we didn't get a proper solution from them. Their licensing should also be improved. They want us to purchase a Tableau Creator license for business users, whereas Power BI Desktop is free for business users. They should come up with a basic license with one or two connectors that our business users can use for preparing their visualizations. Tableau also charges us per user for users who want the data only through email.

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

"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 product's stability is good."

"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 tool is flexible."

"Planning Analytics' best features include automatic updates and slicing."

"Navigating through the data to make analysis is really quick."

More IBM Planning Analytics pros

"I have found Tableau easy to use and the features are superb."

"I work for clients. That is my business model. Business people really like to see Tableau. They love Tableau because it is very user-friendly. The platform provides an easy to use interface, which is what most people like about it."

"Analysis is now more visual than in the past."

"It is easy to use, and it can handle a large amount of data."

"The solution offers very good reporting."

"The best thing I like about Tableau is that you don't have to go for creating; it is calculated free."

"The initial setup is simple."

"Easy to create graphs and visualizations."

More Tableau pros

Cons

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

"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."

"It's wonky, and not super user-friendly with Excel."

"Planning Analytics could be improved by adding automation features."

"The workspace API should be improved and documented so we know better which objects are used."

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

"Extracting data is a little slow."

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

More IBM Planning Analytics cons

"The user story model is the most deceptive part of Tableau. It is a big marketing option, however, the reality is that it is not enough."

"The data processing in Tableau is pathetic compared to Qlik."

"I take a long time to process the hundreds of thousands or millions of records that must be processed every day."

"There are more than a powerful tool in the market, such as Microsoft BI."

"It needs a little bit more advanced modeling. I would like to see functionality like Cognos has in the Framework Manager."

"The development part should be better. We are putting a lot of effort in during development, so if we face any struggles, we have to find workaround solutions on the internet."

"It should offer better features for customization."

"Firstly, the high cost of Tableau licenses makes it inaccessible for many mid-scale clients. Secondly, the server requires at least 128GB of RAM, which can be impractical for some systems. We need a dedicated system to use Tableau."

More Tableau cons

Pricing and Cost Advice

"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."

"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."

"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."

"Our licensing cost is approximately $50,000.00 per year."

"We are paying an annual licensing fee."

"Pricing is not bad. It's competitive."

"The solution is expensive but it depends on the customer's needs which will determine the cost of the licensing."

"Tableau is a little cheaper as compared to Power BI and other technologies that we have used in the past. However, if the business users in our organization want to make presentations, Tableau has been asking us to purchase a Tableau Creator license, and $35 per month is expensive for business users. Power BI is giving a free desktop version for business users to connect to any data source and build their own dashboards. That's why we have proposed to use Power BI for most of the business users in our organization."

"This license is on a yearly basis."

"Its licensing cost should be improved."

"The price of this solution could definitely be lower. It's quite expensive."

"The licensing model of Tableau has changed since we initially purchased it three years ago and it is more complicated, and I have found it to be more expensive. They have lost market shares to Microsoft BI. My company will probably change solutions this year because of the increased pricing model."

More Tableau pricing and cost advice

See which vendors are best for you

Use our free recommendation engine to learn which Business Performance Management solutions are best for your needs.

See recommendations

816,406 professionals have used our research since 2012.

Comparison Review

it_user6330

Product Manager at a retailer with 10,001+ employees

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…

Read full review

Top Industries

By visitors reading reviews

Educational Organization

47%

Financial Services Firm

Computer Software Company

Manufacturing Company

Educational Organization

40%

Financial Services Firm

11%

Computer Software Company

Manufacturing Company

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

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...

See all answers

Tableau vs. Business Objects - Which is a better solution for visualization and analysis?

Both tools have their positives and negatives. First, I should mention that I am relatively new to Tableau. I have been working on and off Tableau for about a year, but getting to work on it consta...

See all answers

Which would you choose - Tableau or SAP Analytics Cloud?

Tableau is easy to set up and maintain. In about a day it is possible for the entire platform to be deployed for use. This relatively short amount of time can make all the difference for companies ...

See all answers

Comparisons

SAP Analytics Cloud vs IBM Planning Analytics

Compared 22% of the time

Microsoft Power BI vs IBM Planning Analytics

Compared 21% of the time

Anaplan vs IBM Planning Analytics

Compared 10% of the time

Jedox vs IBM Planning Analytics

Compared 9% of the time

Oracle Essbase vs IBM Planning Analytics

Compared 3% of the time

More IBM Planning Analytics Competitors

Microsoft Power BI vs Tableau

Compared 20% of the time

Domo vs Tableau

Compared 14% of the time

Amazon QuickSight vs Tableau

Compared 8% of the time

Databricks vs Tableau

Compared 5% of the time

SAS Visual Analytics vs Tableau

Compared 4% of the time

More Tableau Competitors

Product Reports

Buyer's Guide

IBM Planning Analytics

November 2024

Download IBM Planning Analytics product report

Buyer's Guide

Tableau

October 2024

Download Tableau product report

Also Known As

Cognos TM1, IBM Cognos TM1

Tableau Desktop, Tableau Server, Tableau Online

Learn More

IBM

Salesforce

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.

Tableau is a tool for data visualization and business intelligence that allows businesses to report insights through easy-to-use, customizable visualizations and dashboards. Tableau makes it exceedingly simple for its customers to organize, manage, visualize, and comprehend data. It enables users to dig deep into the data so that they can see patterns and gain meaningful insights.

Make data-driven decisions with confidence thanks to Tableau’s assistance in providing faster answers to queries, solving harder problems more easily, and offering new insights more frequently. Tableau integrates directly to hundreds of data sources, both in the cloud and on premises, making it simpler to begin research. People of various skill levels can quickly find actionable information using Tableau’s natural language queries, interactive dashboards, and drag-and-drop capabilities. By quickly creating strong calculations, adding trend lines to examine statistical summaries, or clustering data to identify relationships, users can ask more in-depth inquiries.

Tableau has many valuable key features:

Tableau dashboards provide a complete view of your data through visualizations, visual objects, text, and more.
Tableau provides convenient, real-time options to collaborate with other users and instantly share data in the form of visualizations, sheets, and dashboards.
Tableau ensures connectivity to both live data sources and data extraction from external data sources as in-memory data. This gives users the flexibility to use data from more than one source without any restrictions.
Tableau gives many data source option, ranging from spreadsheets, big data, on-premise files, relational databases, non-relational databases, data warehouses, and big data, to on-cloud data.
Tableau has a lot of pre-installed information on maps, such as cities, postal codes, and administrative boundaries.
Tableau has a foolproof security system based on authentication and permission systems for data connections and user access. Tableau also gives you the freedom to integrate with other security protocols.

Tableau stands out among its competitors for a number of reasons. Some of these include its fast data access, easy creation of visualizations, and its stability. PeerSpot users take note of the advantages of these features in their reviews:

Romil S., Deputy General Manager of IT at Nayara Energy, notes, "Its visualizations are good, and its features make the development process a little less time-consuming. It has an in-memory extract feature that allows us to extract data and keep it on the server, and then our users can use it quickly.

Ariful M., Consulting Practice Partner of Data, Analytics & AI at FH, writes, “Tableau is very flexible and easy to learn. It has drag-and-drop function analytics, and its design is very good.”

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

Accenture, Adobe, Amazon.com, Bank of America, Charles Schwab Corp, Citigroup, Coca-Cola Company, Cornell University, Dell, Deloitte, Duke University, eBay, Exxon Mobil, Fannie Mae, Ferrari, French Red Cross, Goldman Sachs, Google, Government of Canada, HP, Intel, Johns Hopkins Hospital, Macy's, Merck, The New York Times, PayPal, Pfizer, US Army, US Air Force, Skype, and Walmart.

Buyer's Guide

Business Performance Management

October 2024

Download Free Report

Find out what your peers are saying about Anaplan, Oracle, IBM and others in Business Performance Management. Updated: October 2024.

DOWNLOAD NOW

816,406 professionals have used our research since 2012.

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.