IBM Planning Analytics vs Microsoft Power BI comparison

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2,241 views|1,327 comparisons
94% willing to recommend
Microsoft Logo
33,848 views|28,652 comparisons
92% willing to recommend
Comparison Buyer's Guide
Executive Summary

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

Find out what your peers are saying about Anaplan, Oracle, Jedox and others in Business Performance Management.
To learn more, read our detailed Business Performance Management Report (Updated: April 2024).
772,422 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 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 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.""The most valuable feature is that it is able to slice and dice the data.""Navigating through the data to make analysis is really quick.""All the different platforms are well integrated.""Planning Analytics' best features include automatic updates and slicing.""IBM Planning Analytics is easy to use and deploy. It is quick to develop. The calculation machine is also very fast."

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"Like all Microsoft products, it is very easy to set up initially.""The Microsoft Power BI app is very good. It's also very flexible.""They should add mobile access.""The product is user-friendly.""It is a good platform for data analysis, organization, and all of the other interim performances that are necessary.""Microsoft BI's most valuable features are the user interface, which is easy to use and light.""It's a straightforward setup.""Microsoft B's beneficial features are that it is a Microsoft product and it is well known by the staff here in the company. It suited the available skills."

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Cons
"The dashboard is very poor and needs a lot of improvement.""Extracting data is a little slow.""The tool's transport layer could be improved when promoting development between environments.""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.""It would have been better if the solution was not just a tool kit.""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.""The local authentication part is difficult to manage in the product, making it an area where improvements are required."

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"It should be more user-friendly. There are very small or tiny icons that you need to move very carefully. If you go a little bit up and down, some of the values change. Its user interface should be improved. It should be like Tableau. Its performance is also slow and should be improved. I definitely feel some sort of speed issues with Power BI. The integration of Excel with Power BI would also be good.""They are improving it all the time. What would be nice is if they could respond to feature requests more quickly. They can provide faster support for new features.""It is kept very current, and there is an update literally every month. However, the interface changes quite randomly with no documentation, which is difficult at the domain and architectural level where you're planning things and engaging the business. Things change frequently, and you wonder where has the button for the new report gone. They should provide better documentation on interface changes. It should be better optimized. It is supposed to be a data integration tool, but it is doing relatively simple queries. It has its limitations. For example, you can only pull a number of columns. So, there is room for optimization on its ability to integrate multiple data sources. The desktop tool is very memory-intensive, and again, this is not documented clearly. It requires a heavy CPU and memory use, and it causes your operating systems to become unstable. I would like to see the ability to create datasets within Power BI. Microsoft is promoting Azure as a cloud solution, but it is dependent upon a desktop component, which seems a little bit deceptive. Data set is the basic element that you report from, but it has to be created on the desktop and then published to the cloud. So, you're in the cloud, and you create a data structure or the data flow, but you can't report from that. You have to leave the cloud, go to your desktop, create the data set on your desktop, and publish it to the cloud. You go back to the cloud and create your report by using that published data set, which is very non-intuitive. If you go to the Microsoft Power BI community, this is a common complaint across the entire community.""Microsoft BI lacks integration capabilities, so it needs to consider increasing its integration capabilities.""Capacity could be improved.""The licensing needs improvement. There needs to be a middle option between Pro and Premium versions.""Sluggish performance when handling large amounts of data.""We have used other solutions and the reporting functionality should be user-friendly and have a drag and drop feature should be available, but Microsoft BI doesn't have these features. When you are creating reports and you can't change as a user. Every time you need one developer or one technical person to make the changes."

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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 →

  • "There is room for at least 45% discount as compared to the initial price."
  • "MS BI comes with all the tools and it is, to the best of my knowledge, the most affordable solution."
  • "All in all, for the price, this is an excellent tool for helping your organization turn mounds of data into useful insights."
  • "I would advise that Microsoft BI products are rightly priced and the licensing is easy to follow and to fulfill."
  • "Remove the cost of a licence to show a dashboard within SharePoint. Why should readers of a dashboard have to pay to view? ​"
  • "Make it low in cost. It is a no-brainer!"
  • "Globally, we evaluated a number of products, including Salesforce's product, Microsoft won on the ground of simple functionally and cost."
  • "Paid for itself in the first month."
  • More Microsoft Power BI Pricing and Cost Advice →

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    Comparison Review
    Anonymous User
    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:There are many...It would rather depend what System BI architecture or Enterprise legacy you have at your end...I would recommend as follows:  1) If you have legacies of SAP, Oracle  - look for SAP… more »
    Top Answer:Power BI is an advanced visualization tool oriented to big data with a very complete set of widgets to visualize information, control users accessing information, the configuration of governance… more »
    Top Answer:Oracle OBIEE is great in allowing design and creativity per the individual needs of the organization. Dashboards are fully customizable and very user-friendly. This solution is very stable. Oracle… more »
    Ranking
    Views
    2,241
    Comparisons
    1,327
    Reviews
    5
    Average Words per Review
    325
    Rating
    9.2
    Views
    33,848
    Comparisons
    28,652
    Reviews
    27
    Average Words per Review
    619
    Rating
    7.9
    Comparisons
    Also Known As
    Cognos TM1, IBM Cognos TM1
    SSRS, SSAS, MSBI, MS Reporting Services, Microsoft BI Tools, Microsoft Big Data, Power BI Pro, MS BI
    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.

    Microsoft Power BI is a powerful tool for data analysis and visualization. This tool stands out for its ability to merge and analyze data from various sources. Widely adopted across different industries and departments, Power BI is instrumental in creating visually appealing dashboards and generating insightful business intelligence reports. Its intuitive interface, robust visualization capabilities, and seamless integration with other Microsoft applications empower users to easily create interactive reports and gain valuable insights.

    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 Adidas Aetna AIG Airbus Alibaba Allstate Amazon American Express Aon AT&T Audi Bank of America BASF Bayer Berkshire Hathaway Boeing Coca-Cola Comcast Cisco Coca-Cola Dell Disney Emirates Equinix FedEx Ford GE Google H&M Home Depot Honda IBM Intel JPMorgan Chase Kellogg's Kroger L'Oréal McDonald's Merck MetLife Microsoft Nike Oracle P&G PepsiCo Procter & Gamble Prudential Financial SAP Siemens Snapchat Spotify Starbucks Target Toyota T-Mobile Unilever Visa Walmart WeWork World Bank Xerox
    Top Industries
    REVIEWERS
    Computer Software Company25%
    Real Estate/Law Firm13%
    Leisure / Travel Company13%
    Hospitality Company13%
    VISITORS READING REVIEWS
    Educational Organization43%
    Financial Services Firm11%
    Computer Software Company7%
    Manufacturing Company5%
    REVIEWERS
    Financial Services Firm15%
    Manufacturing Company13%
    Computer Software Company11%
    Government9%
    VISITORS READING REVIEWS
    Educational Organization36%
    Financial Services Firm8%
    Computer Software Company8%
    Government5%
    Company Size
    REVIEWERS
    Small Business58%
    Midsize Enterprise17%
    Large Enterprise25%
    VISITORS READING REVIEWS
    Small Business11%
    Midsize Enterprise47%
    Large Enterprise42%
    REVIEWERS
    Small Business39%
    Midsize Enterprise16%
    Large Enterprise45%
    VISITORS READING REVIEWS
    Small Business14%
    Midsize Enterprise42%
    Large Enterprise44%
    Buyer's Guide
    Business Performance Management
    April 2024
    Find out what your peers are saying about Anaplan, Oracle, Jedox and others in Business Performance Management. Updated: April 2024.
    772,422 professionals have used our research since 2012.

    IBM Planning Analytics is ranked 5th in Business Performance Management with 22 reviews while Microsoft Power BI is ranked 1st in BI (Business Intelligence) Tools with 297 reviews. IBM Planning Analytics is rated 8.6, while Microsoft Power BI 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 Microsoft Power BI writes "A complete ecosystem with an builtin ETL tool, good integrations with python and R, and support of DAX and Power Query (M languages)". IBM Planning Analytics is most compared with SAP Analytics Cloud, Anaplan, Jedox, IBM Cognos and Oracle Hyperion, whereas Microsoft Power BI is most compared with Tableau, Amazon QuickSight, KNIME, Domo and Oracle OBIEE.

    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.