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IBM Planning Analytics vs Panorama Necto comparison

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IBM Planning Analytics

Read 21 IBM Planning Analytics reviews
2,270 views|1,328 comparisons
94% willing to recommend
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Panorama Necto

Read 52 Panorama Necto reviews
225 views|150 comparisons
94% willing to recommend
Comparison Buyer's Guide
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Buyer's Guide
Business Performance Management
March 2024
Executive Summary

We performed a comparison between IBM Planning Analytics and Panorama Necto 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).
Download the complete report
767,847 professionals have used our research since 2012.
Featured Review
Gnanavel-Chakkarapani
Can easily create dashboards and helps businesses improve forecasting accuracy
Anonymous User
The self service capability of Necto has encouraged users to build their own dashboards.
The self service capability of Necto has encouraged users to build their own dashboards which ensures cost reduction and maintenance.
Quotes From Members
We asked business professionals to review the solutions they use.
Here are some excerpts of what they said:
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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    Questions from the Community
    What do you like most about IBM Planning Analytics?
    Top Answer:The product's stability is good.
    Read all 11 answers   →
    What is your experience regarding pricing and costs for IBM Planning Anal...
    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 »
    Read all 8 answers   →
    What needs improvement with IBM Planning Analytics?
    Top Answer:The local authentication part is difficult to manage in the product, making it an area where improvements are required.
    Read all 11 answers   →
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    Earn 20 points

    Ranking
    6th
    out of 41 in Business Performance Management
    Views
    2,270
    Comparisons
    1,328
    Reviews
    4
    Average Words per Review
    325
    Rating
    9.3
    39th
    out of 108 in BI (Business Intelligence) Tools
    Views
    225
    Comparisons
    150
    Reviews
    0
    Average Words per Review
    0
    Rating
    N/A
    Comparisons
    Also Known As
    Cognos TM1, IBM Cognos TM1
    Panorama Necto
    Learn More
    IBM
    Panorama Software
    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.

    Panorama Necto is advancing Business Intelligence 3.0 to the next level, bringing together the very best of Enterprise BI with Visual Data Discovery, providing enterprises with new ways to collaborate and create unique contextual connections.
    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
    Neopharm
    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%
    VISITORS READING REVIEWS
    Financial Services Firm19%
    Computer Software Company18%
    Manufacturing Company10%
    Healthcare Company7%
    Company Size
    REVIEWERS
    Small Business57%
    Midsize Enterprise17%
    Large Enterprise26%
    VISITORS READING REVIEWS
    Small Business11%
    Midsize Enterprise47%
    Large Enterprise42%
    REVIEWERS
    Small Business26%
    Midsize Enterprise10%
    Large Enterprise64%
    VISITORS READING REVIEWS
    Small Business20%
    Midsize Enterprise6%
    Large Enterprise73%
    Buyer's Guide
    Business Performance Management
    March 2024
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    767,847 professionals have used our research since 2012.

    IBM Planning Analytics is ranked 6th in Business Performance Management with 21 reviews while Panorama Necto is ranked 39th in BI (Business Intelligence) Tools. IBM Planning Analytics is rated 8.6, while Panorama Necto is rated 8.2. 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 Panorama Necto writes "The self service capability of Necto has encouraged users to build their own dashboards". IBM Planning Analytics is most compared with SAP Analytics Cloud, Microsoft Power BI, Anaplan, Jedox and IBM Cognos, whereas Panorama Necto is most compared with Microsoft Power BI.

    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.