IBM Planning Analytics vs Yellowfin comparison

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Executive Summary

We performed a comparison between IBM Planning Analytics and Yellowfin 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).
765,234 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 most valuable feature is that it is able to slice and dice the data.""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.""Navigating through the data to make analysis is really quick.""Planning Analytics' best features include automatic updates and slicing.""The tool is flexible.""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."

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"It reduces time to reproduce reports, provides easy access to organisational data, and has the ability to generate a wide range of reports and analysis.""It is able to create information dashboards for various users' throughout.""It is a central source of up-to-date data and information."

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Cons
"The tool should include features for prediction. It can also improve the scalability.""Extracting data is a little slow.""It is a bit expensive, but it does the job.""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 tool's transport layer could be improved when promoting development between environments.""The dashboard is very poor and needs a lot of improvement.""It's wonky, and not super user-friendly with Excel.""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."

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"It needs more presentation/charting capabilities and integration with GIS."

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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."
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    Questions from the Community
    Top Answer:IBM Planning Analytics is easy to use and deploy. It is quick to develop. The calculation machine is also very fast.
    Top Answer:IBM Planning Analytics is priced well, and licensing costs are yearly.
    Top Answer:The tool's transport layer could be improved when promoting development between environments.
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    2,233
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    1,318
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    4
    Average Words per Review
    226
    Rating
    9.3
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    296
    Comparisons
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    Also Known As
    Cognos TM1, IBM Cognos TM1
    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.

    Yellowfin offers a business intelligence (BI) platform that allows users to interact with big data in a variety of ways. Yellowfin works to provide big data access to companies of all sizes, from small business to billion-dollar enterprises. It is designed for providing data quickly and allowing users to filter for specific results, maximizing gain from big data. Yellowfin has a variety of dashboards so the user can filter, drill to detail, and have data analysis in the same browser. The data can also be easily shared with others via email, wiki embed, and reports. There is a mobile app as well, which works automatically with the desktop dashboards to allow users to access their data on the go, and alerts can be set up to notify a user via email or push to a mobile device if the data is indicating a critical event taking place. Yellowfin also can map data to locations, providing not only the what of data, but also the where. Lancashire Care NHS Foundation Trust provides its community in England with mental health and community care services. Using Yellowfin's mobile business intelligence capabilities to deliver reporting and analytics to approximately 6000 clinicians, Lancashire Care NHS Foundation Trust was able to greatly improve the quality of its patient care. Yellowfin allowed the Trust to access and share independent data from mobile devices as well as create a Balanced Scoreboard to quickly gather and report information on the company's performance to its executives, management, and directors.
    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
    NCS, Universitat Konstanz, AT&T, PG&E, SingTel, InternetStores
    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
    Computer Software Company27%
    Government12%
    Financial Services Firm9%
    Insurance Company6%
    Company Size
    REVIEWERS
    Small Business57%
    Midsize Enterprise17%
    Large Enterprise26%
    VISITORS READING REVIEWS
    Small Business11%
    Midsize Enterprise47%
    Large Enterprise43%
    VISITORS READING REVIEWS
    Small Business33%
    Midsize Enterprise20%
    Large Enterprise47%
    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.
    765,234 professionals have used our research since 2012.

    IBM Planning Analytics is ranked 6th in Business Performance Management with 20 reviews while Yellowfin is ranked 36th in BI (Business Intelligence) Tools. IBM Planning Analytics is rated 8.4, while Yellowfin is rated 8.0. The top reviewer of IBM Planning Analytics writes "Beneficial predictive analytics, flexibility, and useful forecasting". On the other hand, the top reviewer of Yellowfin writes "Very scalable design and easy to implement. It can reside alongside more complex enterprise systems". IBM Planning Analytics is most compared with SAP Analytics Cloud, Microsoft Power BI, Anaplan, IBM Cognos and Jedox, whereas Yellowfin is most compared with Microsoft Power BI, Tableau, Apache Superset, 9 Spokes and SAP Crystal Reports.

    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.