Adaptive Insights vs Sigma comparison

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Executive Summary

We performed a comparison between Adaptive Insights and Sigma based on real PeerSpot user reviews.

Find out what your peers are saying about Tableau, Qlik, Splunk and others in Data Visualization.
To learn more, read our detailed Data Visualization Report (Updated: February 2024).
757,260 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
"Forecasting changes that instantly flow through all financial statements.""The most valuable feature of the solution is its dashboard.""The integration with our payroll system to complete staff modeling during our budget and forecast processes.""Changes to corporate structure, account codes are updated in all versions including prior years, hence "one-version of truth" as claimed.""It's very stable.""It helps develop a more unified work format throughout the company.""The important feature is integration with source data. It connects to various ERP systems, including Workday, Intact, and others. It can also import actuals and compare them to PlanPoint quite easily.""Automated reporting."

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"The tool's interface is easy to use. The functions listed as a part of the menu items are easy to use.""The most valuable aspect for me is having real-time data.""Sigma is a great software for non-technical business users. If someone's familiar with pivot tables or Excel or Google Sheets, they should be able to pick up Sigma pretty quickly. There is a very low bar for onboarding."

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Cons
"Users continue to become more advanced and are looking for more advanced solutions.""Better user interface (UI).""We tried Discovery and OfficeConnect at one point and found them too cumbersome, at the time.""Their customer support team is slow to respond and not extremely confident.""The integrations could be simpler. It takes quite a bit of internal and IT know-how to set up.""The product's configuration process could be faster.""Being able to drill down when using OfficeConnect needs work.""It's a Workday product; they could do a little bit better to integrate a pure-play integration with Workday, which really doesn't do that."

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"I would like to see better visualization options. That would allow me to build out more visually pleasing dashboarding in Sigma.""The only minor area for improvement lies in handling highly complex visualizations.""The product's roadmap regarding introducing new features in the solution or new versions of the tool can be made better in the future."

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Pricing and Cost Advice
  • "Everything is negotiable, but this solution is low cost compared to others."
  • "Licensing seems to be worth the cost considering the efficiency Adaptive brings."
  • "Prior to purchasing licenses, make sure you understand which users will only need planning and which users will need both planning and OfficeConnect."
  • "Ensure that you have the proper pricing plan in place."
  • "Adaptive Insights' pricing is reasonable."
  • "Pricing is in line with other cloud-based EPM tools. It is a subscription-based model based upon the number of users and site type if it's an admin or end-user type thing."
  • "Adaptive Insights' pricing is relative to its peer competitors. It's certainly competitive compared to a spreadsheet template that you build in Excel. It can be expensive if you need to have 100-500 budget holders giving input and building financial plans. However, in that case, it becomes an extremely good bargain. Compared to its competitors, it offers an excellent value."
  • "It's affordable."
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  • "The retail price is set at one thousand dollars per creator per year."
  • More Sigma Pricing and Cost Advice →

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    Questions from the Community
    Top Answer:Here are some of the pros and cons of OneStream XF and Adaptive Insights for FP&A in the professional services industry OneStream XF Pros: Unified platform for FP&A, budgeting, forecasting,… more »
    Top Answer: It's very simple to create a new version and do some more modeling based on your need for planning things like headcount, other expenses, and revenue, everything is configurable within Workday.
    Top Answer:12 years ago, it was very affordable. Workday has definitely increased its price since it acquired Adaptive a few years ago. So, it's affordable. But there are other more affordable solutions that… more »
    Top Answer:The tool's interface is easy to use. The functions listed as a part of the menu items are easy to use.
    Top Answer:The viewer license is free, and the available licenses are for creators. The retail price is set at one thousand dollars per creator per year. Additionally, there is a platform fee of thirty thousand… more »
    Top Answer:I have used the product on the cloud and the browser and found no issues with it. The product's roadmap regarding introducing new features in the solution or new versions of the tool can be made… more »
    Ranking
    12th
    out of 70 in Data Visualization
    Views
    317
    Comparisons
    213
    Reviews
    5
    Average Words per Review
    656
    Rating
    8.2
    16th
    out of 70 in Data Visualization
    Views
    928
    Comparisons
    379
    Reviews
    3
    Average Words per Review
    716
    Rating
    9.3
    Comparisons
    Also Known As
    Workday Adaptive Planning, Adaptive Discovery , Workday Adaptive Planning
    Learn More
    Workday
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    Sigma Computing
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    Overview

    Adaptive Insights is a cloud-based financial planning and analysis software that helps businesses streamline their budgeting, forecasting, and reporting processes. 

    With its intuitive interface and powerful analytics, it enables organizations to make data-driven decisions and drive business performance.

    Sigma is the next-generation of analytics for cloud data warehouses with a familiar spreadsheet-like interface that gives business experts the power to ask any question of their data no matter the query.

    Sample Customers
    1. Cisco Systems 2. Coca-Cola Bottling Co. Consolidated 3. Deloitte 4. DocuSign 5. Dropbox 6. Electronic Arts 7. Fender Musical Instruments Corporation 8. Fitbit 9. Fossil Group 10. Groupon 11. Hilton Worldwide 12. HP Inc. 13. Intuit 14. Johnson & Johnson 15. LinkedIn 16. Lyft 17. McAfee 18. Medtronic 19. Netflix 20. Oracle 21. Pandora 22. PayPal 23. Pinterest 24. Red Hat 25. Salesforce 26. ServiceNow 27. Slack Technologies 28. Spotify 29. Symantec 30. Tableau Software 31. Twitter 32. Workday
    Snowflake, Fivetran ,Autodesk, Flowspace, Super League Gaming, Zumper, Clover, Volta, Olivela
    Top Industries
    REVIEWERS
    Non Profit22%
    Mining And Metals Company11%
    Non Tech Company11%
    Financial Services Firm11%
    VISITORS READING REVIEWS
    Computer Software Company15%
    Financial Services Firm9%
    Educational Organization8%
    Insurance Company7%
    VISITORS READING REVIEWS
    Financial Services Firm17%
    Computer Software Company17%
    Manufacturing Company10%
    Healthcare Company6%
    Company Size
    REVIEWERS
    Small Business24%
    Midsize Enterprise29%
    Large Enterprise48%
    VISITORS READING REVIEWS
    Small Business24%
    Midsize Enterprise18%
    Large Enterprise57%
    VISITORS READING REVIEWS
    Small Business25%
    Midsize Enterprise14%
    Large Enterprise62%
    Buyer's Guide
    Data Visualization
    February 2024
    Find out what your peers are saying about Tableau, Qlik, Splunk and others in Data Visualization. Updated: February 2024.
    757,260 professionals have used our research since 2012.

    Adaptive Insights is ranked 12th in Data Visualization with 5 reviews while Sigma is ranked 16th in Data Visualization with 3 reviews. Adaptive Insights is rated 8.4, while Sigma is rated 9.4. The top reviewer of Adaptive Insights writes "Facilitates leveraging the query reporting engine and modeling engine into Excel spreadsheets but there is room for improvement in terms of performance ". On the other hand, the top reviewer of Sigma writes "A user-friendly and efficient platform with seamless integration, empowering users with quick and intuitive data analysis, while providing substantial time savings and a reliable support system". Adaptive Insights is most compared with Tableau, Microsoft Power BI, Anaplan, Planful and SAP Business Planning and Consolidation, whereas Sigma is most compared with Tableau, Microsoft Power BI, Apache Superset, Amazon QuickSight and Hex.

    See our list of best Data Visualization vendors.

    We monitor all Data Visualization 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.