IBM Planning Analytics vs Oracle Analytics Cloud comparison

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2,270 views|1,328 comparisons
94% willing to recommend
Oracle Logo
7,309 views|4,050 comparisons
76% willing to recommend
Comparison Buyer's Guide
Executive Summary

We performed a comparison between IBM Planning Analytics and Oracle 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: March 2024).
768,857 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
"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.""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.""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""The product's stability is good.""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."

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"It's really an enterprise solution. It has a dashboard, like standard dashboarding functionality. It also has reporting capabilities for producing pixel-perfect reports, bursting large volumes of a document if you need to. It has interactive data discovery functionality, which you would use to explore your data, bring your own data, and merge it with maybe the data from an enterprise data warehouse to get new insights from the pre-existing data. It has machine learning embedded in the solution. If you're new to machine learning, it's a really good way to get into it, because it's all within this platform, and it's really easy to use.""A valuable feature is the speed of the solution.""Analytics Cloud allows you to merge various data types and structure data from multiple sources.""The features that I find to be the most valuable are the BAS (Business Analytics), the Narrate feature, and the auto-visualization.""The technical support services are good.""It's great for consolidation and creating one source of truth.""The product is easily customized.""The solution can scale."

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Cons
"It is a bit expensive, but it does the job.""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.""Planning Analytics could be improved by adding automation features.""The dashboard is very poor and needs a lot of improvement.""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.""Extracting data is a little slow.""It would have been better if the solution was not just a tool kit.""It's wonky, and not super user-friendly with Excel."

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"One area of improvement is associated with more connectors needing to be added such as Microsoft OneDrive, Teradata and a few others. I think the list is limited to the top ones now.""Oracle Analytics Cloud is lacking in charts. They should add more charts to it.""As with most BI tools, the visualizations can be made much nicer. Currently, it has standard visualizations. They've been adding new visualizations, but we see animated visualizations from other vendors. It would be nice to have similar visualizations, such as the swarming visualizations, which are fairly new and very popular at the moment. I haven't seen that with Oracle. That would be nice.""The product should be improved in terms of connectors; right now the top twenty connectors are available, but OneDrive and Teradata are missing.""It's not a failure of the product; it's just an architectural choice. It has to do with data modeling. I'm comparing this to another product, which is Oracle's developer client and probably called Oracle BI Developer Client Tool. The data modeler, which is cloud-based, and Oracle BI Developer Client Tool, which is local or on-premises-based, both can do the same thing in data modeling. However, the cloud tool does not have as many features as the Oracle BI Developer Client Tool, which is closest to the OBIEE Administration Tool with full feature data modeling, metadata development, and so forth. In a complex environment or implementation, that is the capability that you need.""The learning curve should be improved, and I'm uncertain if tutorials are readily available or easily accessible. We may have resorted to looking on YouTube for such information. Having easily understandable documents or guides for new users would be beneficial. AI integration would be an interesting feature to add in the next release.""It should simplify data connectivity and modeling, making data extraction more streamlined and adaptable for diverse use cases.""Analytics Cloud allows you to merge various data types and structure data from multiple sources."

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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 →

  • "Bottom line, the cost is really, really cheap compared to other solutions. Oracle has made a huge effort on the pricing."
  • "The price is reasonable; it's quite a bit lower than Tableau and Spotfire."
  • "I don't know the exact cost, but its pricing was good. Its pricing was competitive. I would rate it a three out of five in terms of pricing."
  • "I would rate it a five out of five in terms of the value received for the price charge."
  • "We pay on a monthly basis and it is $10 per user each month."
  • "It is an expensive platform."
  • "I rate the product's pricing a nine on a scale of one to ten, where one is cheap, and ten is expensive."
  • "The product’s pricing is expensive. However, feature-wise, it fits the requirements of enterprise customers."
  • More Oracle Analytics Cloud Pricing and Cost Advice →

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    Questions from the Community
    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.
    Top Answer:Oracle OBIEE is designed to be relatively easy to set up and has a helpful customer support staff at the ready to assist customers. These are two attributes that make this system quite valuable. OBIEE… more »
    Top Answer:Oracle Analytics Cloud's most valuable feature is its visualization.
    Top Answer:The tool's pricing is not unreasonable or non-competitive.
    Ranking
    Views
    2,270
    Comparisons
    1,328
    Reviews
    4
    Average Words per Review
    325
    Rating
    9.3
    Views
    7,309
    Comparisons
    4,050
    Reviews
    15
    Average Words per Review
    416
    Rating
    7.7
    Comparisons
    Also Known As
    Cognos TM1, IBM Cognos TM1
    Oracle Analytics Cloud Service, OAC, Oracle Data Visualization, Oracle Data Visualization Cloud Service, ODV
    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.

    Oracle Analytics is a complete platform with ready-to-use services for a wide variety of workloads and data.

    Oracle Analytics allows businesses to add AI and machine learning capabilities to any application—and as part of our integrated suite of cloud services to comply with data security and connected without disrupting business operations.

    Offering valuable, actionable insights from all types of data—in the cloud, on-premises, or in a hybrid deployment—Oracle Analytics empowers business users, data engineers, and data scientists to access and process relevant data, evaluate predictions, and make quick, accurate decisions.

    Oracle Analytics Cloud Features

    Oracle Analytics Cloud has many valuable key features. Some of the most useful ones include:

    • Intelligent search
    • Smart data discovery
    • Smart data preparation
    • Natural language
    • Auto suggest
    • Visualization
    • Dashboarding
    • Global transformation policies
    • Smart collaboration
    • Integrated data science
    • Enterprise architecture and security
    • Platform extensibility
    • Smart data connectors

    Oracle Analytics Cloud Benefits

    There are many benefits to implementing Oracle Analytics Cloud. Some of the biggest advantages the solution offers include:

    • Flexibility: Oracle Analytics Cloud gives you the flexibility to grow and change as your business does. At the same time, it puts you in complete control of your analytics environment by allowing you to analyze data and accommodate changing demand easily.
    • Scalable: Oracle Analytics Cloud is a single, centralized solution that provides everything you need in a scalable environment to support varied user requirements for your organization right now and in the future as well.
    • Comprehensive analytics: With Oracle Analytics Cloud, existing services are combined with new ones to deliver comprehensive analytics in the cloud. It provides everything you need for analytic agility, from fast, fluid self-service discovery to data loading and blending, inline data prep, data enrichment, automatic visualizations, data storytelling, and more.
    • Cost-effectiveness: The solution is cost-effective and reduces your total cost of ownership (TCO).
    • Innovation: Use the latest data analytics technologies, such as AI, machine learning, and natural language processing. Oracle Analytics has been recognized by industry experts for its innovations and robust architecture.

    Reviews from Real Users

    Below are some reviews and helpful feedback written by PeerSpot users currently using the Oracle Analytics Cloud solution.

    Fabricio Q., Data Analytics Manager, says, “The main functionality is great and everything is pretty standard and easy to use. It's great for consolidation and creating one source of truth. The initial setup is pretty straightforward.”

    PeerSpot user, Eric B., Independent Consultant - Oracle BI Applications at Desjardins, mentions “It's really an enterprise solution. It has standard dashboarding functionality. It also has reporting capabilities for producing pixel-perfect reports, bursting large volumes of a document if you need to. It has interactive data discovery functionality, which you would use to explore your data, bring your own data, and merge it with maybe the data from an enterprise data warehouse to get new insights from the pre-existing data. It has machine learning embedded in the solution.”

    Gaurav S., Vice President Credit Risk Management at a financial services firm, explains, “From a financial or bank perspective, this product is secure enough. The dashboards, analytics, visualizations, and different reports are valuable for business analytics. The AI/ML enablement is useful, as many reporting tools do not offer machine learning models as of now, without writing customized code.”

    Another reviewer, Trinh P., Delivery Manager at Sift Ag, comments, "The specific capability I find important in Oracle Analytics Cloud is that it allows the basic user to easily drag and drop data. I also like that the solution allows the user to decide what to measure and what to see in the reports."

    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
    Sejong Hospital
    Top Industries
    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%
    REVIEWERS
    Financial Services Firm38%
    Individual & Family Service15%
    Computer Software Company15%
    Transportation Company15%
    VISITORS READING REVIEWS
    Educational Organization28%
    Financial Services Firm10%
    Computer Software Company10%
    Government7%
    Company Size
    REVIEWERS
    Small Business58%
    Midsize Enterprise17%
    Large Enterprise25%
    VISITORS READING REVIEWS
    Small Business11%
    Midsize Enterprise47%
    Large Enterprise42%
    REVIEWERS
    Small Business38%
    Midsize Enterprise23%
    Large Enterprise38%
    VISITORS READING REVIEWS
    Small Business13%
    Midsize Enterprise35%
    Large Enterprise52%
    Buyer's Guide
    Business Performance Management
    March 2024
    Find out what your peers are saying about Anaplan, Oracle, Jedox and others in Business Performance Management. Updated: March 2024.
    768,857 professionals have used our research since 2012.

    IBM Planning Analytics is ranked 6th in Business Performance Management with 21 reviews while Oracle Analytics Cloud is ranked 8th in BI (Business Intelligence) Tools with 23 reviews. IBM Planning Analytics is rated 8.6, while Oracle 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 Oracle Analytics Cloud writes "Reliable, capable of handling massive amounts of data, and good value for money". IBM Planning Analytics is most compared with SAP Analytics Cloud, Microsoft Power BI, Anaplan, Jedox and IBM Cognos, whereas Oracle Analytics Cloud is most compared with Databricks, Oracle OBIEE, Tableau, Microsoft Power BI and Oracle Business Intelligence Cloud Service.

    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.