IBM Planning Analytics vs SAP Analytics Cloud comparison

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2,274 views|1,333 comparisons
94% willing to recommend
SAP Logo
10,989 views|7,184 comparisons
90% willing to recommend
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Executive Summary

We performed a comparison between IBM Planning Analytics and SAP Analytics Cloud 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: June 2024).
772,679 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 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.""IBM Planning Analytics is easy to use and deploy. It is quick to develop. The calculation machine is also very fast.""All the different platforms are well integrated.""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""It's a very stable, robust product.""The tool is flexible.""The product's stability is good.""Planning Analytics' best features include automatic updates and slicing."

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"Its user-friendliness is valuable. It is a product for end-users and not for IT, which is an advantage.""Provides rich features for developing automated reports and dashboards.""It offers good backup capabilities.""SAP Analytics Cloud is easy to create charts with, and is a stable business intelligence platform. Easy to set up solution.""The solution is stable.""It integrates with third-party applications such as Google Drive and Excel,""The new Application Design option offers lots of customization options by being able to script in Typescript (similar to Javascript).""A robust solution."

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Cons
"It's wonky, and not super user-friendly with Excel.""Adding predefined templates could be beneficial.""The local authentication part is difficult to manage in the product, making it an area where improvements are required.""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 is a bit expensive, but it does the job.""Extracting data is a little slow.""The tool's transport layer could be improved when promoting development between environments.""It would have been better if the solution was not just a tool kit."

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"Statistical analysis should be a bit more profound than it is.""The solution should include other scripting languages as well, such as Python.""Some algorithms are complex and can't be processed by just tagging the data and expecting results.""I think it would be easier if there was another module created to retrieve only data.""It seems like there's a problem with the tool's licenses. If there are a lot of users, like 200, who only use the solution once a year, paying for a full-year license for each user is expensive. There's no option for users who only use the solution occasionally.""I am not happy with the predictive analytics features and smart features offered by the product, making them areas where improvements are required.""Live Data Models are very slow and the setup can be improved, with tools such as Cloud Connector being inbuilt into SAP Analytics Cloud. Likewise, we need to write application code from scratch, rather than tweaking existing code, as we might with Excel macros. Moreover, when using responsive pages, the widgets get adjusted according to the mobile screen. As a result, when I place two or three KPI tiles, they can only be viewed tile-by-tile. We want to see the full dashboard on the mobile screen and zoom in to click on a particular section of the dashboard and go further into that. But displaying tile-by-tile makes it very annoying and the upper management using this dashboard might not be aware there are any more tiles to view.""Connection and integration with other applications have a lot of restrictions at the moment."

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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 →

  • "It is a bit expensive, but really worth it, especially if you are already using other SAP tools."
  • "It is not the most expensive one. You have to do the cost-of-ownership analysis and take a lot of things into consideration to come up with the conclusion that it is cheaper or not, but its price is reasonable. It provides value for money."
  • "It's quite expensive and costs a lot to maintain, especially with licensing."
  • "It's not that costly as such for the time being."
  • "Its licensing is on a monthly basis."
  • "Compute and storage features should be sold separately."
  • "Its pricing is okay as compared to its competitors."
  • "Its price is slightly on the higher side."
  • More SAP Analytics Cloud 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:Tableau is easy to set up and maintain. In about a day it is possible for the entire platform to be deployed for use. This relatively short amount of time can make all the difference for companies… more »
    Top Answer:In the data warehouse, you're free to make changes. You can make everything text, meaning it's always a string. Even numbers appear as text, giving you the flexibility to work with all columns.
    Top Answer:SAP pricing tends to be premium, so it is slightly higher. However, in this case, the premium charges are justifiable because it comes with out-of-the-box connectors and adapters and can still… more »
    Ranking
    Views
    2,274
    Comparisons
    1,333
    Reviews
    5
    Average Words per Review
    325
    Rating
    9.2
    Views
    10,989
    Comparisons
    7,184
    Reviews
    26
    Average Words per Review
    606
    Rating
    7.8
    Comparisons
    Also Known As
    Cognos TM1, IBM Cognos TM1
    SAP BusinessObjects Cloud
    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.

    SAP Analytics Cloud is an all-in-one Software-as-a-Service business intelligence tool that provides the key functionalities of an analytics tool to SAP business users. This tool is built on HANA Business Intelligence (BI) platform, providing analytics from data collected from multiple sources, such as ERP, Microsoft SQL, and Salesforce, among other solutions.

    You can use SAP Analytics Cloud to compile data and perform ad-hoc reporting and analysis for predictive planning. SAP Analytics Cloud collects and analyzes the raw data from transactional systems into intelligent insights that allow you to make better decisions.

    SAP Analytics Cloud uses machine learning to clean up data, identify errors, and issues, and suggest optimization or filtering options. You can use the modeling feature in Analytics Cloud to create hierarchies and get deeper data insights.

    The three core functions of SAP Analytics Cloud consist of Planning, Predictive Analysis, and Business Intelligence as a holistic SaaS solution that offers real-time analysis to business leaders.

    SAP Analytics Cloud Capabilities

    • Data discovery
    • Machine learning
    • Integrated financial and business planning
    • Predictive analysis
    • Automated data cleansing
    • Custom widgets
    • Mobile extension
    • Role-based customization
    • Data exploration and visualization

    SAP Analytics Cloud Key Features

    • Augmented analytics: SAP Analytics Cloud allows organizations to make the most of AI (Artificial Intelligence)-powered analytics through augmented analytics. It includes a Search to Insight feature that enables users not skilled or experienced in data science to access and use the platform.

      These smart insight tools allow organizations to visualize business data without manual intervention. By combining multiple machine learning algorithms, SAP Analytics Cloud automates predictive analysis so that organizations can have significant insight into secured data.
    • Enterprise planning: As SAP Analytics Cloud is an all-in-one financial planning and analysis solution, organizations can use it to align strategies across all departments. It allows end-to-end, data-driven planning decisions via financial modeling, allocations, smart insights, and automated reporting.

      The Zero-based budgeting feature allows for an effective resources allocation with built-in collaboration tools. The finance team can collaborate easily, create budget templates and make accurate decisions.

    SAP Analytics Cloud Benefits

    • Real-time cloud insights: SAP Analytics Cloud makes it easy for users at every level to generate instant insights and improve data-driven decision-making. With SAP Analytics Cloud, you can have immediate and central access to all figures, diagrams, insights, and evaluations for every employee on every device and updated in real time.

    • Customizable dashboard: You can customize your dashboard according to your requirements. This customization means you can easily access all the relevant data on a single pane of vision tailored to your business.

    • Collaborative planning: As an all-in-one platform, SAP Analytics Cloud integrates the multiple aspects of a business into a single solution, including finance, HR, sales, and supply chain management.

    • Data on any device: You can integrate SAP Analytics Cloud with SAP S/4 HANA and deploy insights to Android and iOS devices. The SAP S/4 HANA integration also enables the rolling out of changes to multiple files and devices from a central location, so you can carry your business operations on the go over a secured cloud network.

    • In-memory technology: Since it is based on SAP HANA in-memory technology, SAP Analytics Cloud can process massive amounts of data in a short time.

    Reviews from Real Users

    Segun O., SAP HANA Developer at SOA PEOPLE, says that "The most valuable features are on the application side, where you can design applications into your analytics on the platform."

    The Head of Finance Enterprise Application at a computer software company adds that "The visualization feature is the most valuable. SAP Analytics Cloud is also very easy to use."

    "Its many features make it the best in the market," sums up a Consultor SAP Business Object, Sap Analytics Cloud at a tech services company.

    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
    Live Oak Bank
    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
    Computer Software Company24%
    Educational Organization14%
    Financial Services Firm10%
    Manufacturing Company10%
    VISITORS READING REVIEWS
    Educational Organization20%
    Manufacturing Company12%
    Computer Software Company10%
    Financial Services Firm7%
    Company Size
    REVIEWERS
    Small Business58%
    Midsize Enterprise17%
    Large Enterprise25%
    VISITORS READING REVIEWS
    Small Business11%
    Midsize Enterprise48%
    Large Enterprise42%
    REVIEWERS
    Small Business33%
    Midsize Enterprise17%
    Large Enterprise50%
    VISITORS READING REVIEWS
    Small Business16%
    Midsize Enterprise27%
    Large Enterprise57%
    Buyer's Guide
    Business Performance Management
    June 2024
    Find out what your peers are saying about Anaplan, Oracle, Jedox and others in Business Performance Management. Updated: June 2024.
    772,679 professionals have used our research since 2012.

    IBM Planning Analytics is ranked 5th in Business Performance Management with 22 reviews while SAP Analytics Cloud is ranked 3rd in BI (Business Intelligence) Tools with 61 reviews. IBM Planning Analytics is rated 8.6, while SAP Analytics Cloud 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 SAP Analytics Cloud writes "Good for reporting but needs to improve its predictive analytics features". IBM Planning Analytics is most compared with Microsoft Power BI, Anaplan, Jedox, IBM Cognos and Oracle Hyperion, whereas SAP Analytics Cloud is most compared with SAP BusinessObjects Business Intelligence Platform, Tableau, Microsoft Power BI, Anaplan and IBM Cognos.

    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.