IBM Planning Analytics vs Verix Limelight comparison

 

Comparison Buyer's Guide

Executive Summary
 

Categories and Ranking

IBM Planning Analytics
Average Rating
8.6
Number of Reviews
22
Ranking in other categories
Business Performance Management (5th)
Verix Limelight
Average Rating
10.0
Number of Reviews
5
Ranking in other categories
BI (Business Intelligence) Tools (53rd)
 

Featured Reviews

Gnanavel-Chakkarapani - PeerSpot reviewer
Mar 22, 2024
Can easily create dashboards and helps businesses improve forecasting accuracy
The product has improved our company's forecasting accuracy since it serves as a very useful tool for our sales and controller teams as they easily get to enter the inputs using views in TM1, which gets loaded into our main database. If there are sales team members in different parts of the world, like in Hong Kong and Singapore, they may prefer to use IBM Planning Analytics, which is easy to use when compared to the Excel tool. Speaking about planning analytics and data analysis, I would say that our company used to use IBM Cognos Analytics for reporting, where we used to use Cognos Dynamic Cubes so that users can easily use its drag and drop features while getting to see the data for which the users had to wait for two to three minutes prior to its use. In our company, tons of data are loaded into the memory, and users can use Cognos Dynamic Cubes to analyze data and understand it. The AI capabilities of IBM have benefited our planning strategy as they are very useful for business. The tool allows the easy creation of dashboard reports using AI capabilities. No technical knowledge is required for business use cases. It is possible to integrate the product in scenarios where some new integrations are available. I remember that my company used Azure Data Factory to connect Azure, Oracle, and IBM WebSphere Application Server. When it comes to IBM Planning Analytics, it is complex to integrate it with LDAP and or any other authentication tool offered by Microsoft. In our company, some users like to integrate IBM Planning Analytics with the common LDAP or Microsoft AD, which we currently use for all our applications. The authentication part is difficult to configure with IBM Planning Analytics. The maintenance of the product is easy. My company has scheduled maintenance on the product every week, especially during forecast times, so that memories automatically lapse and users can freely access their servers. The use of the tool has had an impact on collaboration within our company's planning team since everyone knows how to easily access the data and publish the results. I recommend the product to those who plan to use it. I rate the tool a nine out of ten.
it_user108765 - PeerSpot reviewer
Apr 24, 2014
Verix has enabled us to standardize the view of our sales data and analytics; overall flexibility is excellent
One of the most valuable features of Verix is the flexibility that the solution provides. Depending on the end user’s needs, the data can be presented either broadly or in a more detailed, in-depth manner. Because of this flexibility, the solution lends itself well to both highly analytical…

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

"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."
"The license of this solution is paid annually. Most of my customers choose a license that includes support."
"Compared with the other tools in the market, IBM Planning Analytics is a bit expensive."
"Our licensing cost is approximately $50,000.00 per year."
"It is a bit expensive, but you get what you are paying for."
"IBM Planning Analytics is priced well, and licensing costs are yearly."
"I would rate the tool's pricing a nine out of ten since it's expensive."
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Top Industries

By visitors reading reviews
Educational Organization
43%
Financial Services Firm
11%
Computer Software Company
7%
Manufacturing Company
5%
No data available
 

Company Size

By reviewers
Large Enterprise
Midsize Enterprise
Small Business
 

Questions from the Community

What do you like most about IBM Planning Analytics?
The most valuable features of IBM Planning Analytics for streamlining planning processes include a unified database where all data are centralized.
What is your experience regarding pricing and costs for IBM Planning Analytics?
The cost of IBM Planning Analytics is not cheap, considering the amount of money involved. However, it offers good ROI for customers.
What needs improvement with IBM Planning Analytics?
To improve IBM Planning Analytics, adding predefined templates could be beneficial. These templates could cover various business areas like volume planning, service levels, and more. Specific templ...
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Also Known As

Cognos TM1, IBM Cognos TM1
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Overview

 

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
P&G, Accenture, Roche Diagnostics, KV Pharmaceutical, The Nielsen Company, HealthCare Pharmaceuticals, Bayer HealthCare Pharmaceuticals
Find out what your peers are saying about Anaplan, Oracle, Jedox and others in Business Performance Management. Updated: June 2024.
787,061 professionals have used our research since 2012.