Adaptive Insights vs Sigma comparison

 

Comparison Buyer's Guide

Executive Summary
 

Categories and Ranking

Adaptive Insights
Ranking in Data Visualization
12th
Average Rating
8.4
Number of Reviews
18
Ranking in other categories
Business Performance Management (10th), Financial Performance and Strategy Management (2nd), Reporting (11th), ESG Reporting Software (5th)
Sigma
Ranking in Data Visualization
14th
Average Rating
9.4
Number of Reviews
3
Ranking in other categories
BI (Business Intelligence) Tools (17th)
 

Mindshare comparison

As of July 2024, in the Data Visualization category, the mindshare of Adaptive Insights is 0.5%, down from 0.9% compared to the previous year. The mindshare of Sigma is 1.4%, down from 1.9% compared to the previous year. It is calculated based on PeerSpot user engagement data.
Data Visualization
Unique Categories:
Business Performance Management
1.4%
Financial Performance and Strategy Management
8.3%
BI (Business Intelligence) Tools
0.3%
 

Featured Reviews

Andrew Rosenberg - PeerSpot reviewer
Dec 20, 2023
Adaptive scales well, simple to create new budget versions and models
For the organization I used to work at, it streamlined the process of creating budgets. 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. So that made it easy. Reporting was pretty easy to set up as well. It streamlined the amount of time it took to do the budget as well as kind of making it simple to implement a rolling forecast process. So, it really was more just a productivity increase and time shortening for the budgeting and forecasting process.
Erik Jones - PeerSpot reviewer
Nov 14, 2022
Streamlines reporting; like Excel on steroids
Our primary use cases for Sigma are exploratory data analysis and reporting and dashboarding Sigma improved our organization by enabling us to streamline our processes. My finance team previously handled reporting in Microsoft Excel and in Google Sheets. That's now all been transferred over to…

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."
"Automated reporting."
"Reports are allowed to be edited for aesthetic purposes, which is lacking in a lot of other dashboard tools."
"It's very stable."
"The biggest feature is the source of truth for all of our budget and forecast versions."
"It helps develop a more unified work format throughout the company."
"The integration with our payroll system to complete staff modeling during our budget and forecast processes."
"The most valuable feature of the solution is its dashboard."
"The most valuable aspect for me is having real-time data."
"The tool's interface is easy to use. The functions listed as a part of the menu items are easy to use."
"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."
 

Cons

"Better user interface (UI)."
"The integrations could be simpler. It takes quite a bit of internal and IT know-how to set up."
"Adaptive Insights could improve the data designer interface to make integrations easier to set up."
"Users continue to become more advanced and are looking for more advanced solutions."
"Being able to drill down when using OfficeConnect needs work."
"The product's configuration process could be faster."
"Adaptive Insights has a limit of 1,00,000 rows for HTML reports. It should be improved because we will have multiple dimensions that need to be populated to enhance the image."
"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."
"The product's roadmap regarding introducing new features in the solution or new versions of the tool can be made better in the future."
"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."
 

Pricing and Cost Advice

"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."
"Prior to purchasing licenses, make sure you understand which users will only need planning and which users will need both planning and OfficeConnect."
"It's affordable."
"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."
"Everything is negotiable, but this solution is low cost compared to others."
"Ensure that you have the proper pricing plan in place."
"Licensing seems to be worth the cost considering the efficiency Adaptive brings."
"The retail price is set at one thousand dollars per creator per year."
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Top Industries

By visitors reading reviews
Computer Software Company
16%
Financial Services Firm
10%
Legal Firm
7%
Real Estate/Law Firm
6%
Financial Services Firm
17%
Computer Software Company
17%
Manufacturing Company
10%
Healthcare Company
7%
 

Company Size

By reviewers
Large Enterprise
Midsize Enterprise
Small Business
No data available
 

Questions from the Community

Which product is better for FP&A: OneStream XF or Adaptive Insights?
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, forecas...
What do you like most about Adaptive Insights?
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.
What is your experience regarding pricing and costs for Adaptive Insights?
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 ...
What do you like most about Sigma?
The tool's interface is easy to use. The functions listed as a part of the menu items are easy to use.
What is your experience regarding pricing and costs for Sigma?
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 thousa...
What needs improvement with Sigma?
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 be...
 

Comparisons

 

Also Known As

Workday Adaptive Planning, Adaptive Discovery , Workday Adaptive Planning
No data available
 

Overview

 

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
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Find out what your peers are saying about Adaptive Insights vs. Sigma and other solutions. Updated: July 2024.
793,295 professionals have used our research since 2012.