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IBM Planning Analytics Reviews

Vendor: IBM
4.2 out of 5
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What is IBM Planning Analytics?

IBM Planning Analytics is an integrated planning solution that uses AI to automate planning, budgeting, and forecasting and drive more intelligent workflows.

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IBM Planning Analytics is the #6 ranked solution in top Business Performance Management solutions. PeerSpot users give IBM Planning Analytics an average rating of 8.4 out of 10. IBM Planning Analytics is most commonly compared to Domo: IBM Planning Analytics vs Domo. IBM Planning Analytics is popular among the large enterprise segment, accounting for 63% of users researching this solution on PeerSpot. The top industry researching this solution are professionals from a financial services firm, accounting for 15% of all views.
Buyer's Guide
IBM Planning Analytics
January 2026
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IBM Planning Analytics mindshare

As of January 2026, the mindshare of IBM Planning Analytics in the Business Performance Management category stands at 4.9%, down from 9.2% compared to the previous year, according to calculations based on PeerSpot user engagement data.
Business Performance Management Market Share Distribution
ProductMarket Share (%)
IBM Planning Analytics4.9%
Anaplan7.4%
CCH Tagetik5.7%
Other82.0%
Business Performance Management

PeerResearch reports based on IBM Planning Analytics reviews

TypeTitleDate
CategoryBusiness Performance ManagementJan 20, 2026Download
ProductReviews, tips, and advice from real usersJan 20, 2026Download
ComparisonIBM Planning Analytics vs Oracle HyperionJan 20, 2026Download
ComparisonIBM Planning Analytics vs AnaplanJan 20, 2026Download
ComparisonIBM Planning Analytics vs Oracle Planning and Budgeting CloudJan 20, 2026Download
Suggested products
TitleRatingMindshareRecommending
Domo3.92.1%85%47 interviewsAdd to research
Anaplan4.17.4%97%35 interviewsAdd to research
 
 
Key learnings from peers
Last updated Jan 20, 2026

Valuable Features

IBM Planning Analytics offers valuable features including flexibility, in-memory processing, and ease of use with Excel integration, enabling CFOs to modify models without IT assistance. It allows quick real-time calculations, provides a unified database with centralized data storage, and integrates ETL tools like TurboIntegrator. Planning Analytics Workspace offers design flexibility, and sandboxing enables extensive analysis. Users appreciate its fast calculations, complex modeling, machine learning integration, and its ability to streamline financial performance management.
  • "IBM Planning Analytics has positively impacted my organization by being really helpful, as the software has helped our finance team minimize the manual data entry by more than 80% and focus more on holistic data analysis and business strategies."
  • "IBM Planning Analytics can help us build scenarios through a sandbox environment, allowing us to test multiple variables and assess their impact on our budget and planning."
  • "Its stability helps controllers win time in their planning processes."

Room for Improvement

IBM Planning Analytics needs better integration within the Cognos suite and simpler pricing. The user interface and visualization components are outdated and need enhancement. Automation of processes like feeders is necessary to improve efficiency. Stability in data extraction and a more flexible, lightweight frontend are desired. Users suggest that IBM Planning Analytics should include features for AI and automation, better scalability, and predefined templates to enhance user experience.
  • "One of the main challenges that we faced with IBM Planning Analytics was installation, which takes multiple complex configuration challenges and training."
  • "IBM is behind competitors like Tableau and Power BI in terms of visualization. Their visuals are less innovative and practical with fewer varieties."
  • "Scalability is quite hard to implement in TM1, largely since the on-premise installation chosen back in 2014. On a scale, I'd rate scalability at four, out of ten. It's difficult."

ROI

IBM Planning Analytics enables faster budgeting processes and enhances productivity by analyzing large data. It aids budget planning, motivating employees to achieve goals. Operational cost savings come from improved processes, reducing the need for extensive control departments and enhancing predictability and insights into decision impacts. However, recent price increases in maintenance and renewals have led many to consider alternatives. Implementing it as a reporting tool eliminates the need for separate solutions.

Pricing

IBM Planning Analytics' pricing involves initial setup costs mainly attributed to consulting fees around €130,000 for a 6-month project and annual licensing costs that vary depending on the user base and requirements. Licenses can cost approximately $50,000 yearly with options for unlimited usage. While regarded as expensive compared to competitors, the pricing aligns with market standards, offering ROI and valuable functionalities. Negotiation is encouraged to achieve favorable terms.
  • "Compared with the other tools in the market, IBM Planning Analytics is a bit expensive."
  • "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."

Popular Use Cases

IBM Planning Analytics is primarily utilized for budgeting, planning, and forecasting. It serves various organizations as a tool for managing budget processes, cash flows, and financial planning. Many users apply it for monthly, quarterly forecasts, and scenario management. It acts as a data source for reporting and aids in developing dashboards. Specific to large enterprises, especially in regions like the Czech Republic and Slovakia, it is integral to financial control and accounting processes.

Service and Support

Users generally find IBM Planning Analytics customer service satisfactory, with ratings mostly around seven to eight. Responses may sometimes be slow, prompting some to use third-party partners for cost-effective assistance. Support information is accessible online, yet technical assistance efficiently addresses issues, though they could be faster. Escalation often resolves complex scenarios, akin to similar platforms like SAP BPC. Users appreciate IBM's release notes, but some suggest improvements in problem-solving efficiency.

Deployment

Initial setup experiences of IBM Planning Analytics vary. Some describe it as straightforward, especially if deploying on a single machine, while others find it complex, requiring expertise and time, ranging from one to twelve months. Installation is more challenging in distributed environments. IBM and partners often assist due to technical demands. Familiar interfaces like Excel can simplify deployment. The implementation may involve ongoing development based on client needs.

Scalability

IBM Planning Analytics is highly adaptable, handling extensive data in real time. Scalability issues depend on TM1 database design. The service is in-memory based, reliant on hardware like RAM. Enterprises appreciate its ability to grow alongside data and user needs. Most users find scalability exceptional, suitable for large and medium businesses. While previously used IBM Cognos, customers now benefit from Planning Analytics' robust scalability, though it can be expensive for smaller organizations.

Stability

While some configuration changes and support resolutions have presented challenges, IBM Planning Analytics is generally stable and robust. The latest version has improved significantly in stability. Users across various sectors, including banks, describe it as crucial for budgeting and forecasting. Instances of server shutdowns have occurred but stability is rated highly, with some users giving it a nine or ten out of ten. Stability is vital for budgeting processes to avoid time loss.
These insights are based on the in-depth reviews provided by peers to help you make a better buying decision.
Download our IBM Planning Analytics Buyer's Guide for additional reliable information.

Review data by company size

By reviewers
Company SizeCount
Small Business14
Midsize Enterprise4
Large Enterprise8
By reviewers
By visitors reading reviews
Company SizeCount
Small Business92
Midsize Enterprise93
Large Enterprise310
By visitors reading reviews

Top industries

By visitors reading reviews
Financial Services Firm
15%
Manufacturing Company
11%
Retailer
9%
Insurance Company
5%
Educational Organization
5%
Computer Software Company
5%
Government
4%
Real Estate/Law Firm
4%
University
4%
Healthcare Company
4%
Outsourcing Company
3%
Energy/Utilities Company
3%
Consumer Goods Company
3%
Construction Company
3%
Comms Service Provider
3%
Pharma/Biotech Company
2%
Wholesaler/Distributor
2%
Media Company
2%
Performing Arts
2%
Legal Firm
1%
Logistics Company
1%
Wellness & Fitness Company
1%
Non Profit
1%
Transportation Company
1%
Hospitality Company
1%
Marketing Services Firm
1%
Recreational Facilities/Services Company
1%
Aerospace/Defense Firm
1%
Mining And Metals Company
1%
Newspaper
1%

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Learn more about IBM Planning Analytics

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.

IBM Planning Analytics was previously known as Cognos TM1, IBM Cognos TM1.

IBM Planning Analytics 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

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Product Categories

Product Categories
Business Performance Management

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IBM Planning Analytics Reviews Summary
Author infoRatingReview Summary
Human Resources Manager at Shell4.0I've used IBM Planning Analytics for over three years to streamline budgeting, forecasting, and cross-department collaboration, significantly improving efficiency and decision-making, though setup is complex and integration with tools like Google Sheets could be better.
Responsable B.I at a retailer with 51-200 employees3.0I ensure our developments meet user needs and support newcomers. We use TM1 for budgeting and planning costs, benefiting from its stability. Although complex, TM1 aids our financial department, but its rich features can complicate simple tasks.
Financial Performance Manager at a retailer with 1,001-5,000 employees4.0We use IBM Planning Analytics for budgeting, planning, forecasting, and reporting. Its sandbox feature enables scenario testing, and it incorporates AI for inventory forecasting. However, its visualization tools are less advanced than competitors, requiring improvement.
Junior Consultant at CMA CGM4.5I use IBM Planning Analytics for our company's budgeting process to manage scenarios based on user needs. While it's essential for finance managers to handle budgets and forecasts, managing local authentication needs improvement.
Senior Business Executive at Sophia4.5I found IBM Planning Analytics valuable for its centralized data storage and sandboxing features, which enhance planning processes and management control. Though templates could improve usability, it offers operational cost savings and better decision insights for large companies.
Managing Director at Steffens PANTA RHEI GmbH4.5I use IBM Planning Analytics mainly for planning, reporting, and forecasting. Its strengths include fast calculations, complex model building, data source integration, and flexibility with APIs. However, the workspace API needs better improvement and documentation.
Executive Partner at Beat2Lead GmbH4.5No summary available
Senior BI Consultant at T.C.C. Technology Company Limited4.5I use IBM Planning Analytics for testing and budgeting, finding it flexible but needing improvements in predictive features and scalability. I have not considered other solutions or specific cloud providers, and the return on investment has not been evaluated.