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SAP BusinessObjects EPM [EOL] Competitors and Alternatives

Competitor
# Comparisons
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Read reviews of SAP BusinessObjects EPM [EOL] competitors and alternatives

AY
Systems Analyst at a computer software company with 1,001-5,000 employees
MSP
High-performing, helps clients save time in budget processes

Pros and Cons

  • "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."
  • "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."

What is our primary use case?

It varies from client to client, but IBM Planning Analytics is used for budgeting processes in every case. In addition, some clients use it for reporting as a data source.

How has it helped my organization?

Some of our customers previously used Excel spreadsheets for budget planning, and the process took more than two months. However, after switching to Planning Analytics, they could do it in a week. And they were able to do multiple projections, like optimistic, pessimistic, realistic, etc.

What is most valuable?

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.

What needs improvement?

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.

For how long have I used the solution?

I've been using IBM Planning Analytics for 10 years or more. Before, it was named TM1.

What do I think about the stability of the solution?

I think Planning Analytics is quite a stable solution.

What do I think about the scalability of the solution?

IBM uses Planning Analytics. So if this huge company has a vast quantity of users working on it simultaneously, it must be scalable.

How are customer service and support?

If we face some issues, we raise escalate tickets for IBM, and usually, they can find some temporary solution. We are the first-line support for our customers, but if we face some issue, we escalate tickets. But it's true for any comparable platform, like SAP BPC or Oracle Hyperion. So if we can face some tricky issues, we have to escalate tickets to the vendor.

How was the initial setup?

All of the solutions have some complications when it comes to installation. In our company, we installed SAP BPC, Oracle Hyperion, and Planning Analytics. All of them can be tricky. Sometimes you can face some issues. And it also depends on what you're doing. For example, if you're installing everything on one PC, it will be fast and easy. But when you want to create a real, stable infrastructure with a distributed installation across multiple machines, it is a little more complex. We provide solutions for our customers, so we install everything for them.

What was our ROI?

If we look at the budgeting processes of companies that have implemented this solution, then I think you'll see ROI. This service lets customers finish their budgeting process faster, so they don't waste any time. It's capable of analyzing large amounts of data, so it's they can work more productively. At the same time, budget planning is used to motivate employees and help them achieve some goals. 

What other advice do I have?

I rate IBM Planning Analytics eight out of 10.

Which deployment model are you using for this solution?

On-premises
Disclosure: I am a real user, and this review is based on my own experience and opinions.
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