IBM Planning Analytics

1 Review 5/5

A cloud-based budgeting and forecasting software with predictive modeling for large corporations.

Product Overview

IBM Planning Analytics is an AI-driven planning solution integrating collaboration across various business areas. Key features include basic planning, budgeting, and forecasting, along with more advanced predictive modeling, integration with statistical packages, and report-sharing tools. It uses all these tools to automatically deliver insights so businesses can stay agile.

IBM Planning Analytics can integrate with third-party software like SAP and Oracle to provide a full overview of company data. It’s designed for scalability across enterprises, supporting Windows, Linux, and Mac operating systems. There are mobile applications for iOS, Android, and Windows Phones.

Pros

  • Strong data analysis tools
  • No coding knowledge needed
  • "What-if" scenario modeling tools
  • Handles high volume of data

Cons

  • Limited training
  • Steep learning curve for new users
  • Flexible processes may be used incorrectly

Target Market

Enterprises and other large-scale companies needing multi-dimensional planning and forecasting tools to provide advanced data management and collaboration across multiple departments.

Video Overview

Key Features

IBM Planning Analytics provides the following features:

  • Planning, budgeting, and forecasting
  • Reporting
  • Scorecards and dashboards
  • Personal and multidimensional scenario modeling
  • Real-time data access (including internal and external data from ERP and CRM systems)
  • Supply chain demand planning with “what-if” scenario analysis
  • Sustainability planning
  • Automated visualizations
  • Excel integration
  • Integration with SAP Connector, IBM Cognos Analytics, and IBM Controller

Benefits

  • Flexible and scalable: IBM Planning Analytics can be leveraged by an individual, team, department, or across the enterprise.
  • Security: IBM follows the most demanding security protocols and standards in the industry to protect data.
  • Forecasting: Plan out scenarios to get a more accurate forecast of future financials and processes.

Pricing

  • The Essentials plan starts at $825/month with 5 users
  • Standard plan starts at $1,650/month with 10 users
  • Premium plan is quote-based
Starting Price
$825 /month
Price Range Learn More
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Product Overview

  • Type BI Tools
  • Client OS Windows, macOS, Web
  • Deployment Cloud Hosted

Developer Overview

Related Products

  • Tableau
    A business intelligence and data visualization tool for multiple data sources.
  • Prophix One
    A budgeting, planning & forecasting application designed by PROPHIX Software.
  • Microsoft Power BI
    A business intelligence reporting system.
  • SAP Analytics Cloud
    A business intelligence application designed by SAP.
  • Anaplan
    Accelerate Decision Making with Connected Planning

User Reviews of IBM Planning Analytics

Anonymous
  • Education Services
  • 5K-10K employees
  • Annual revenue $1B-$10B
Overall
★★★★★
★★★★★

IBM Planning Analytics Review

June 16th, 2023

good

Cons

yes

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