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IBM Planning Analytics pros and cons

Vendor: IBM
4.3 out of 5
4,874 followers
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Pros & Cons summary

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Prominent pros & cons

PROS

The ability to slice and dice data is a valuable feature of IBM Planning Analytics, allowing quick navigation for analysis.
In-memory processing enables fast calculations, enhancing IBM Planning Analytics' performance.
The flexibility in design with data rules and calculations is an advantageous feature of IBM Planning Analytics.
Integration with Excel spreadsheets adds value by allowing additional functionality not possible with regular spreadsheets.
Scenario modeling capabilities help users create, compare different scenarios, and evaluate their outcomes.

CONS

IBM Planning Analytics is not super user-friendly with Excel and extracting data can be slow.
There is a high frequency of new versions impacting quality.
The tool could benefit from automation features and improved scalability.
The transport layer requires improvement for better promotion of development between environments.
IBM Planning Analytics would benefit from predefined templates and enhanced API documentation.
 

IBM Planning Analytics Pros review quotes

Gnanavel-Chakkarapani - PeerSpot reviewer
Mar 22, 2024
The product's stability is good.
Arnold Steffens - PeerSpot reviewer
Jul 3, 2024
The scenario modeling capabilities are frequently used to create different scenarios, compare them, and see which action leads to which result.
Milan Orendac - PeerSpot reviewer
Apr 22, 2024
The most valuable features of IBM Planning Analytics for streamlining planning processes include a unified database where all data are centralized.
Learn what your peers think about IBM Planning Analytics. Get advice and tips from experienced pros sharing their opinions. Updated: December 2024.
824,053 professionals have used our research since 2012.
reviewer890292 - PeerSpot reviewer
Oct 5, 2021
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.
Dirk Boeckmann - PeerSpot reviewer
Feb 2, 2022
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.
reviewer1484589 - PeerSpot reviewer
Jan 25, 2021
Navigating through the data to make analysis is really quick.
SO
Feb 8, 2022
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
reviewer1375443 - PeerSpot reviewer
Jul 12, 2020
The most valuable feature is that it is able to slice and dice the data.
VM
Apr 14, 2023
It's a very stable, robust product.
reviewer2260485 - PeerSpot reviewer
Aug 21, 2023
IBM Planning Analytics is easy to use and deploy. It is quick to develop. The calculation machine is also very fast.
 

IBM Planning Analytics Cons review quotes

Gnanavel-Chakkarapani - PeerSpot reviewer
Mar 22, 2024
The local authentication part is difficult to manage in the product, making it an area where improvements are required.
Arnold Steffens - PeerSpot reviewer
Jul 3, 2024
The workspace API should be improved and documented so we know better which objects are used.
Milan Orendac - PeerSpot reviewer
Apr 22, 2024
Adding predefined templates could be beneficial.
Learn what your peers think about IBM Planning Analytics. Get advice and tips from experienced pros sharing their opinions. Updated: December 2024.
824,053 professionals have used our research since 2012.
reviewer890292 - PeerSpot reviewer
Oct 5, 2021
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.
Dirk Boeckmann - PeerSpot reviewer
Feb 2, 2022
The new frontend Planning Analytics Workspace is not very good, it could be improved. I like the Planning Analytics functionality but it would be helpful if it could be more customizable. You can create a prediction and receive information but you cannot do feature engineering regarding the predictive models. If this was added it would be helpful.
reviewer1484589 - PeerSpot reviewer
Jan 25, 2021
It would have been better if the solution was not just a tool kit.
SO
Feb 8, 2022
It is a bit expensive, but it does the job.
reviewer1375443 - PeerSpot reviewer
Jul 12, 2020
It's wonky, and not super user-friendly with Excel.
VM
Apr 14, 2023
The dashboard is very poor and needs a lot of improvement.
reviewer2260485 - PeerSpot reviewer
Aug 21, 2023
The tool's transport layer could be improved when promoting development between environments.