Birst vs IBM Planning Analytics comparison

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209 views|149 comparisons
76% willing to recommend
IBM Logo
2,270 views|1,328 comparisons
94% willing to recommend
Comparison Buyer's Guide
Executive Summary

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

Find out what your peers are saying about Microsoft, Tableau, Oracle and others in Reporting.
To learn more, read our detailed Reporting Report (Updated: April 2024).
768,578 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
"Dashboards and self-service reports. These are widely used by customers in the EPM domain."

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"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.""The most valuable feature is that it is able to slice and dice the data.""The product's stability is good.""Planning Analytics' best features include automatic updates and slicing.""The tool is flexible.""Navigating through the data to make analysis is really quick.""It's a very stable, robust product."

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Cons
"Customer support takes lot of time to get a solution."

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"The tool should include features for prediction. It can also improve the scalability.""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 local authentication part is difficult to manage in the product, making it an area where improvements are required.""Planning Analytics could be improved by adding automation features.""The dashboard is very poor and needs a lot of improvement.""The tool's transport layer could be improved when promoting development between environments."

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Pricing and Cost Advice
  • "Please negotiate on the price and purchase the latest version."
  • More Birst 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 →

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    Top Answer:The licensing part of the product is good. Every year, there is a need to renew the license. My company also uses multiple functionalities offered under IBM Cognos Analytics for ETL-related purposes… more »
    Top Answer:The local authentication part is difficult to manage in the product, making it an area where improvements are required.
    Ranking
    32nd
    out of 50 in Reporting
    Views
    209
    Comparisons
    149
    Reviews
    0
    Average Words per Review
    0
    Rating
    N/A
    Views
    2,270
    Comparisons
    1,328
    Reviews
    4
    Average Words per Review
    325
    Rating
    9.3
    Comparisons
    Also Known As
    Cognos TM1, IBM Cognos TM1
    Learn More
    Overview

    Birst Networked BI and Analytics eliminates information silos. Decentralized users can augment the enterprise data model virtually, as opposed to physically, without compromising data governance.

    A unified semantic layer maintains common definitions and key metrics.
    Birst’s two-tier architecture aligns back-end sources with line-of-business or local data. Birst’s Automated Data Refinement extracts data from any source into a unified semantic layer. Users are enabled with self-service analytics through executive dashboards, reporting, visual discovery, mobile tools, and predictive analytics. Birst Open Client Interface also offers integration with Tableau, Excel and R.

    Birst goes to market in two primary ways: as a direct sale, for enterprises using Birst on internal data to manage their business; and embedded, for companies who offer analytic products, by embedding and white-labeling Birst capabilities into their products.

    Birst’s is packaged in 3 available formats: Platform and per-user fee; by Department or Business Unit; by end-customer (for embedded scenarios).

    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.

    Sample Customers
    Citrix Systems, Jive Software, SunnyD, Toshiba Medical Systems, Cisco OpenDNS, RB, Sunny D, Vertafore
    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
    Top Industries
    REVIEWERS
    Healthcare Company25%
    Retailer17%
    Insurance Company8%
    Computer Software Company8%
    REVIEWERS
    Computer Software Company25%
    Non Tech Company13%
    Real Estate/Law Firm13%
    Leisure / Travel Company13%
    VISITORS READING REVIEWS
    Educational Organization43%
    Financial Services Firm10%
    Computer Software Company7%
    Manufacturing Company5%
    Company Size
    REVIEWERS
    Small Business14%
    Midsize Enterprise33%
    Large Enterprise52%
    REVIEWERS
    Small Business58%
    Midsize Enterprise17%
    Large Enterprise25%
    VISITORS READING REVIEWS
    Small Business11%
    Midsize Enterprise47%
    Large Enterprise43%
    Buyer's Guide
    Reporting
    April 2024
    Find out what your peers are saying about Microsoft, Tableau, Oracle and others in Reporting. Updated: April 2024.
    768,578 professionals have used our research since 2012.

    Birst is ranked 32nd in Reporting while IBM Planning Analytics is ranked 6th in Business Performance Management with 21 reviews. Birst is rated 7.4, while IBM Planning Analytics is rated 8.6. The top reviewer of Birst writes "The dashboards and Visualizer are valuable". On the other hand, the top reviewer of IBM Planning Analytics writes "Can easily create dashboards and helps businesses improve forecasting accuracy". Birst is most compared with Microsoft Power BI, ThoughtSpot and Alteryx, whereas IBM Planning Analytics is most compared with SAP Analytics Cloud, Microsoft Power BI, Anaplan, Jedox and IBM Cognos.

    We monitor all Reporting 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.