IBM Planning Analytics vs Jedox comparison

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2,241 views|1,327 comparisons
94% willing to recommend
Jedox Logo
1,060 views|794 comparisons
100% willing to recommend
Comparison Buyer's Guide
Executive Summary

We performed a comparison between IBM Planning Analytics and Jedox based on real PeerSpot user reviews.

Find out in this report how the two Business Performance Management solutions compare in terms of features, pricing, service and support, easy of deployment, and ROI.
To learn more, read our detailed IBM Planning Analytics vs. Jedox Report (Updated: May 2024).
772,649 professionals have used our research since 2012.
Featured Review
Quotes From Members
We asked business professionals to review the solutions they use.
Here are some excerpts of what they said:
Pros
"The most valuable features of IBM Planning Analytics for streamlining planning processes include a unified database where all data are centralized.""The product's stability is good.""It's a very stable, robust product.""IBM Planning Analytics is easy to use and deploy. It is quick to develop. The calculation machine is also very fast.""Planning Analytics' best features include automatic updates and slicing.""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.""All the different platforms are well integrated.""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."

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"The data entry point is most valuable. The way we can customize our report or do data entry is very good.""The customer porting is the most valuable feature.""The solution is quick with analysis and calculation. The tool offers high digitalization which helps us to run the controlling department with less number of people. If the software wasn't there, I would need two to three people extra to run the department.""The solution is very versatile.""The system is quite flexible. Based on our requirements, we create different cubes that can help us to do complete planning.""The EPM is the most valuable feature.""The Excel interface is designed to retrieve data from the database and send it back, which is a significant advantage.""The ETL itself was pretty useful and it's integrated in the tenant itself. So the Olap service technology was impressive to me. In order to extract that and load it in the tube in the same tenant or the same tool that was something magnificent because I actually missed this in SEB. SEB requires another tool, and you have to integrate all the tools together. But for Jedox, it was in the one tool."

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Cons
"Planning Analytics could be improved by adding automation features.""The tool's transport layer could be improved when promoting development between environments.""The local authentication part is difficult to manage in the product, making it an area where improvements are required.""The tool should include features for prediction. It can also improve the scalability.""Adding predefined templates could be beneficial.""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.""It's wonky, and not super user-friendly with Excel.""It would have been better if the solution was not just a tool kit."

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"The tool has changed its pricing and it's now too expensive for small and medium organizations. I miss the open-source version which was free and we could do a lot of things with it.""More emphasis is needed on the availability of the learning aspect of the solution. Because unless you take up their course that enables you to be an expert in creating the report, you must seek help.""I don't find it particularly user-friendly.""Online pixel-perfect reporting is an aspect that has room for improvement.""Jedox should improve the design and server issues.""From a development perspective, there's room for improvement in the area called the designer, where you actually build your reports to make it easier to manage the process.""There is room for improvement in the scalability. It is a very massive tool. It's not easy to just build everything yourself.""Visualization is something they need to improve. We have already told them about this, and they should be working on it."

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Pricing and Cost Advice
  • "Our licensing cost is approximately $50,000.00 per year."
  • "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."
  • "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."
  • "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."
  • More IBM Planning Analytics Pricing and Cost Advice →

  • "If you are using SAP, then you will have to take an SAP Connector license. The license across the tool is paying for the people who are using it as an admin or as a normal user. They can work out those costs in a manner that can help. This can also be a point of improvement where they can work out the costing, and the developers have a specific licensing cost. The normal users, who are going to do probably data entry or just going to view the dashboard, can have a separate license cost."
  • "We paid a one-time fee, which included product purchase, licensing, and first-time implementation. We are paying for the maintenance regularly."
  • "Excellent value for money."
  • "The solution's pricing is specific to your requirements."
  • "The product’s pricing will not be suitable for setting up a small solution."
  • "Jedox was a bit cheaper compared to Calumo."
  • More Jedox Pricing and Cost Advice →

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    Questions from the Community
    Top Answer:The most valuable features of IBM Planning Analytics for streamlining planning processes include a unified database where all data are centralized.
    Top Answer:The cost of IBM Planning Analytics is not cheap, considering the amount of money involved. However, it offers good ROI for customers.
    Top Answer:To improve IBM Planning Analytics, adding predefined templates could be beneficial. These templates could cover various business areas like volume planning, service levels, and more. Specific… more »
    Top Answer:The ease of reporting is one of Jedox's most valuable features.
    Top Answer:The solution's pricing is specific to your requirements.
    Top Answer:There is not much training for Jedox. There was no training available in the beginning at all. I had to reach out to them so they would give us something. I think they're getting better, though. The… more »
    Ranking
    Views
    2,241
    Comparisons
    1,327
    Reviews
    5
    Average Words per Review
    325
    Rating
    9.2
    Views
    1,060
    Comparisons
    794
    Reviews
    11
    Average Words per Review
    521
    Rating
    8.2
    Comparisons
    Also Known As
    Cognos TM1, IBM Cognos TM1
    Jedox EPM
    Learn More
    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.

    Integrated Corporate Performance Management software provides reliable data, insights, and guidance to everyone in your company. Jedox delivers it all: Self-service budgeting, planning, and forecasting combined with intuitive analytics and BI dashboards in one integrated software platform. Users across the enterprise in any department from Finance to Sales, HR, and Procurement create integrated plans and reports based on the same data model and business logic. Integrate financial planning and analysis with operational plans and reporting to optimize processes, boost data quality, and slash planning cycles throughout the organization.

    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
    BP, Fiat, Carrefour, Continental, Allianz, Bacardi, McDonald’s, Netafim, Swiss Post, Telstra, Suzuki, Vodafone, University of Western Australia, Unilever
    Top Industries
    REVIEWERS
    Computer Software Company25%
    Non Tech Company13%
    Real Estate/Law Firm13%
    Leisure / Travel Company13%
    VISITORS READING REVIEWS
    Educational Organization43%
    Financial Services Firm11%
    Computer Software Company7%
    Manufacturing Company5%
    VISITORS READING REVIEWS
    Computer Software Company18%
    Retailer11%
    Financial Services Firm7%
    Comms Service Provider6%
    Company Size
    REVIEWERS
    Small Business58%
    Midsize Enterprise17%
    Large Enterprise25%
    VISITORS READING REVIEWS
    Small Business11%
    Midsize Enterprise48%
    Large Enterprise42%
    REVIEWERS
    Small Business46%
    Midsize Enterprise23%
    Large Enterprise31%
    VISITORS READING REVIEWS
    Small Business27%
    Midsize Enterprise16%
    Large Enterprise57%
    Buyer's Guide
    IBM Planning Analytics vs. Jedox
    May 2024
    Find out what your peers are saying about IBM Planning Analytics vs. Jedox and other solutions. Updated: May 2024.
    772,649 professionals have used our research since 2012.

    IBM Planning Analytics is ranked 5th in Business Performance Management with 22 reviews while Jedox is ranked 4th in Business Performance Management with 13 reviews. IBM Planning Analytics is rated 8.6, while Jedox is rated 8.0. The top reviewer of IBM Planning Analytics writes "Can easily create dashboards and helps businesses improve forecasting accuracy". On the other hand, the top reviewer of Jedox writes "Powerful BI tool for analyzing financial performance and stable performance". IBM Planning Analytics is most compared with SAP Analytics Cloud, Microsoft Power BI, Anaplan, IBM Cognos and Oracle Hyperion, whereas Jedox is most compared with Microsoft Power BI, Tableau, Anaplan, Oracle Hyperion and Board. See our IBM Planning Analytics vs. Jedox report.

    See our list of best Business Performance Management vendors.

    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.