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IBM Watson Explorer vs Salesforce Einstein Analytics comparison

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Comparison Buyer's Guide

Executive Summary
 

Categories and Ranking

IBM SPSS Statistics
Sponsored
Average Rating
8.0
Reviews Sentiment
6.9
Number of Reviews
37
Ranking in other categories
Data Mining (3rd), Data Science Platforms (9th)
IBM Watson Explorer
Average Rating
8.4
Number of Reviews
10
Ranking in other categories
Data Mining (10th)
Salesforce Einstein Analytics
Average Rating
8.2
Number of Reviews
19
Ranking in other categories
BI (Business Intelligence) Tools (12th)
 

Mindshare comparison

Data Mining
BI (Business Intelligence) Tools
 

Featured Reviews

Md Masudul Hassan - PeerSpot reviewer
Comprehensive data analysis capabilities with a user-friendly interface, providing an efficient and reliable platform for researchers and analysts
I believe that offering short-term SPSS licenses, perhaps when customer sourcing is available, could make it more affordable. These licenses shouldn't include features tailored for universities or large sales organizations. Instead, they could offer discounts or additional facilities for smaller entities to access the software. In developing countries, it would be beneficial to provide certain features to users at no cost initially, while also customizing pricing options. For example, offering basic features to the first hundred users can help them become familiar with the software and its capabilities. This approach encourages users to upgrade to higher tiers as they become more experienced and require additional functionality.
it_user840897 - PeerSpot reviewer
Ingests, retrieves information from a range of sources; enables dissecting questions in context and answering them
WEX is more a platform, I believe, than it is the application. I could talk about what I'm looking for in the application. We've done visualizations and we can do basic analysis with the system as it stands. Where we're looking to take it is implementing it into workflows, so the workers on the line can actually understand the risks that they're exposing themselves to and then address them on the fly. So that's fantastic. And then the final one is, it's not prediction, but maybe anticipation. So when people are put at risk, we'll be implementing solutions shortly that will help people anticipate the risks and the dangers they're exposing themselves to so they can control them.
Parker Goodson - PeerSpot reviewer
Helpful consistent measurements, high availability, and scales well
When it comes to generating reports, it appears that many users rely on experts to handle technical aspects. For instance, if you require a weekly report displaying accounts transitioning in and out of your modules, it seems challenging to accomplish without consulting experts for assistance. Such tasks should be user-friendly and easily achievable without external assistance. It would be beneficial to have visibility into any changes made to your account by individuals other than yourself or your team. It is also important to clearly track the history of these modifications and identify the responsible parties.

Quotes from Members

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

Pros

"You can find a complete algorithm in the solution and use it. You don't need to write your own algorithms for predictive analytics. That's the most valuable feature and the main one we use."
"Most of the product features are good but I particularly like the linear regression analysis."
"They have many existing algorithms that we can use and use effectively to analyze and understand how to put our data to work to improve what we do."
"It is perfectly adequate if all you need are the results and not the trail of evidence."
"The software offers consistency across multiple research projects helping us with predictive analytics capabilities."
"Some of the most valuable features that we are using with some business models are machine learning algorithms, statistical models given to us by the business, and getting data from the database or text files."
"in terms of the simplicity, I think the SPSS basic can handle it."
"The best part is that they have an algorithm handbook, so you can open it up and understand how it works, and if it is useful, this is very important."
"I have found the auto-generated document very useful as well as the main keywords that are highlighted, which are used for the search functionality within IBM Watson Explorer."
"Ease of use is pretty good as is the standardization of not actually having to have my own natural learning algorithms, just to use the Watson APIs."
"For me, as a user, the most valuable feature is the ability to ingest and then retrieve information from a range of separate sources; the ability to dissect questions in context and actually answer them."
"The ability to easily pull together lots of different pieces of information and drill down in a smarter way than has been possible with other analytics tools is key. Watson is all based on a set of AI and deep learning, machine-learning capabilities, and it is looking behind the scenes at some relationships that you likely would not have spotted on your own. It's pulling things together, categorizing some things, that are not something that you might have seen on your own."
"We take natural language that was happening in our repositories and our application and then feed it to the Watson APIs. We receive JSON payloads as an API response to get cognitive feedback from the repository data."
"The valuable feature of Watson Explorer for us is data entities, and to see the hidden insights from within unstructured data."
"Salesforce Einstein Analytics is a simplified CRM. It's integration is good."
"Transparency is the most valuable feature of this solution."
"The out-of-the-box features are good for companies that want to try analytics and data science interventions."
"The most valuable features of Salesforce Einstein Analytics are the flexibility around the deployment, overall capabilities, user-friendliness, and interactiveness with the tools that came built with it."
"The most valuable feature of Salesforce Einstein Analytics is the reporting tools."
"We have found the scalability to be very good."
"The tool is a cloud-based solution capable of integrating any kind of data in the world."
"Tableau CRM is a very capable solution. It is easy to use, user-friendly, and integrates well."
 

Cons

"In developing countries, it would be beneficial to provide certain features to users at no cost initially, while also customizing pricing options."
"Improvements are needed in the user interface, particularly in terms of user-friendliness."
"Needs more statistical modelling functions."
"Most of the package will give you the fixed value, or the p-value, without an explanation as to whether it it significant or not. Some beginners might need not just the results, but also some explanation for them."
"I think the visualization and charting should be changed and made easier and more effective."
"SPSS is a tool that's been around since the late 60s, and it's the universal worldwide standard for quantitative social science data analysis. That said, it does seem a bit strange to me that the graphical output functions are so clunky after all these years. The output of charts and graphs that SPSS produces is hideous."
"If there is any self-generation data collection plan (DCP), it would be helpful in gathering data. It would also be useful if there is a function to scale it up to, let's say, UiPath and have it consolidate and integrate into a UiPath solution."
"There is a learning curve; it's not very steep, but there is one."
"It is a little bit tricky to get used to the workflow of knowing how to train Watson, what can be provided, what can't be, how to provide it, how to import, export, and what it means every time you have to add a new dictionary"
"More cognitive feedback would be good. The natural language analysis is great, the sentiment analyzers are great. But I would just like to see more... innovation done with the Watson platform."
"It needs better language support, to include some other languages. Also, they should improve the user interface."
"I would say, give some kind of a community edition, a free edition. A lot of companies do, even Amazon gives you some kind of trial and error opportunities. If they could provide something like that, it would be good."
"The solution is expensive."
"Much of IBM operates this way, where they have sets of tools that are in the middleware space, and it becomes the customer's responsibility or the business partner's responsibility to develop full solutions that take advantage of that middleware. I think IBM's finding itself in that spot with Watson-related technologies as well, where the capabilities to do really interesting and useful things for customers is there, but somebody still has to build it. Is that going to be the customer? Are they going to be willing to take on that responsibility themselves"
"Stability is actually one of the areas that could use improvement. Setting it up is always tough. Setting Explorer requires experts, but also the underlying platform is not that stable. So it really needs a good expert to keep it running."
"Small businesses will probably have a little harder time getting into it, just because of the amount of resources that they have available, both financial and time, but it really is a solution that should work for them."
"When it comes to generating reports, it appears that many users rely on experts to handle technical aspects. For instance, if you require a weekly report displaying accounts transitioning in and out of your modules, it seems challenging to accomplish without consulting experts for assistance. Such tasks should be user-friendly and easily achievable without external assistance."
"I would advise others not to customize because they rolled out the newer versions, which are every six months. There had to be some significant testing and verification that happened. It is important to have a strong third-party provider that is very experienced. We used Deloitte, but we evaluated Accenture, KPMG, and IBM, but we decided on Deloitte and that was a good decision for us. Having a partner who has a center of excellence or experts that could give you a lot of the tips that they've learned could jumpstart your deployment and stick to the standards."
"Salesforce is working very rigorously on improvements with each release."
"The product must be more transparent."
"The product is natively integrated into the Salesforce ecosystem. You also need a CRM license. It should be more flexible with other platforms."
"There are some offerings like Sales Cloud, Service Cloud, and Marketing Cloud that have very useful online learning options. There need to be more avenues for self-learning with this particular solution. That would be useful."
"They can provide more end-user customizations. There should be the possibility for the end-users to change some elements in the interface. I have a way of doing my job. My colleague may have his own way of doing his job. If I ask for a change, it'll change for everyone. It'll be good to have some end-user personalizations. I can't see many in Salesforce right now."
"Einstein Analytics could incorporate something like SFIA 8 to help users understand the underlying skill sets."
 

Pricing and Cost Advice

"I rate the tool's pricing a five out of ten."
"We think that IBM SPSS is expensive for this function."
"SPSS is an expensive piece of software because it's incredibly complex and has been refined over decades, but I would say it's fairly priced."
"It's quite expensive, but they do a special deal for universities."
"While the pricing of the product may be higher, the accompanying service and features justify the investment."
"More affordable training for new staff members."
"Our licence is on a yearly renewal basis. While pricing is not the primary concern in our evaluation, as products are assessed by whether they can meet our user needs and expertise, the cost can be a limiting factor in the number of licences we procure."
"If it requires lot of data processing, maybe switching to IBM SPSS Clementine would be better for the buyer."
"The solution is expensive."
"The biggest challenge we had was the cost and the licensing. We ended up getting an enterprise licensing agreement(ELA). That took a lot of negotiations and a lot of pressure. We were able to receive a good price for the community licensing they bundled Salesforce Einstein Analytics. They bundled a lot of capabilities with us with the ELA."
"The solution is expensive."
"Salesforce has a subscription-based licensing structure, where it's between $20 to $75 per month, per user."
"Although it was deemed slightly expensive and failed the cost analysis we conducted in our company, we proceeded with the purchase because we desired to have a leading CRM system in the industry."
"Price-wise, Salesforce Einstein Analytics is an expensive tool."
"I rate the solution's pricing a seven out of ten."
"Salesforce Einstein Analytics can be considered somewhat expensive, depending on the company's needs. If they want the complete package with all the features, it's pricier. It all comes down to what the company requires from the platform."
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Top Industries

By visitors reading reviews
Financial Services Firm
17%
Computer Software Company
9%
University
8%
Manufacturing Company
8%
Computer Software Company
18%
Educational Organization
13%
Outsourcing Company
12%
Financial Services Firm
10%
Computer Software Company
18%
Financial Services Firm
13%
Manufacturing Company
8%
Educational Organization
5%
 

Company Size

By reviewers
Large Enterprise
Midsize Enterprise
Small Business
 

Questions from the Community

What do you like most about IBM SPSS Statistics?
The software offers consistency across multiple research projects helping us with predictive analytics capabilities.
What is your experience regarding pricing and costs for IBM SPSS Statistics?
The cost of IBM SPSS Statistics is managed by organizations, not individual researchers. It is a very expensive produ...
What needs improvement with IBM SPSS Statistics?
IBM SPSS Statistics does not keep you close to your data like KNIME. In KNIME, at every stage, you can see the result...
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What do you like most about Salesforce Einstein Analytics?
The tool is valuable. It's one of the greatest programs I'm currently working with, and I believe it will continue to...
What needs improvement with Salesforce Einstein Analytics?
Salesforce is working very rigorously on improvements with each release.
What is your primary use case for Salesforce Einstein Analytics?
I am a Salesforce CPQ developer. I have also worked on Einstein Analytics for reporting purposes.
 

Also Known As

SPSS Statistics
IBM WEX
Einstein Analytics, Salesforce Wave Analytics
 

Learn More

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Overview

 

Sample Customers

LDB Group, RightShip, Tennessee Highway Patrol, Capgemini Consulting, TEAC Corporation, Ironside, nViso SA, Razorsight, Si.mobil, University Hospitals of Leicester, CROOZ Inc., GFS Fundraising Solutions, Nedbank Ltd., IDS-TILDA
RIMAC, Westpac New Zealand, Toyota Financial Services, Swiss Re, Akershus University Hospital, Korean Air Lines, Mizuho Bank, Honda
ADS Securities, Alstom Grid, American Express, Barclays Bank, Coca-Cola, CoderDojo, Dubai Multi Commodities Centre, Financial Conduct Authority
Find out what your peers are saying about Knime, Weka, IBM and others in Data Mining. Updated: November 2024.
824,067 professionals have used our research since 2012.