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Adaptive Insights vs Splunk Enterprise Platform comparison

 

Comparison Buyer's Guide

Executive SummaryUpdated on Jan 1, 2025

Review summaries and opinions

We asked business professionals to review the solutions they use. Here are some excerpts of what they said:
 

Categories and Ranking

Adaptive Insights
Ranking in Data Visualization
11th
Average Rating
8.4
Reviews Sentiment
7.0
Number of Reviews
18
Ranking in other categories
Business Performance Management (8th), Financial Performance and Strategy Management (3rd), Reporting (10th), ESG Reporting Software (5th)
Splunk Enterprise Platform
Ranking in Data Visualization
4th
Average Rating
8.4
Reviews Sentiment
7.7
Number of Reviews
34
Ranking in other categories
IT Alerting and Incident Management (5th)
 

Mindshare comparison

As of June 2025, in the Data Visualization category, the mindshare of Adaptive Insights is 0.8%, up from 0.7% compared to the previous year. The mindshare of Splunk Enterprise Platform is 1.7%, up from 0.9% compared to the previous year. It is calculated based on PeerSpot user engagement data.
Data Visualization
 

Featured Reviews

Andrew Rosenberg - PeerSpot reviewer
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.
UzairKhan - PeerSpot reviewer
Delivers financial benefits and operational efficiency with impactful data analytics capabilities
My advice for those looking to implement Splunk Enterprise Platform is to know the product well and have hands-on workshops or create a lab to gain complete knowledge before proceeding. Regarding maintenance, it does not require much as it is on-premises. Overall, I would rate Splunk Enterprise Platform an eight.

Quotes from Members

We asked business professionals to review the solutions they use. Here are some excerpts of what they said:
 

Pros

"Automated reporting."
"Forecasting changes that instantly flow through all financial statements."
"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."
"It's very stable."
"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."
"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 feature I've found in the Splunk Enterprise Platform is its log readability and filtering capabilities. The filters on the left side are particularly useful, allowing me to quickly narrow down the data to what's relevant for any application or server service. The interesting fields feature helps me get the values I need most of the time."
"The solution is very good for monitoring compared to other tools."
"The product is very easy to use."
"It's not just one feature I like the most. Every person wants to collect and rate logs, and I value how the Splunk Enterprise Platform handles this.The most valuable part for us is setting up the alerts and reports to manage the logs and log metrics. We use it to support every tool across the entire bank.We are the ones who manage all the data, and if there's any issue, everything depends on the Splunk Enterprise Platform."
"I found the incident notification to be very helpful."
"The best thing about Splunk is you can collect all the data you want, and you can play with the data and do what you want."
"Splunk Enterprise Platform saves approximately 20 to 30 percent of my time without having to perform different actions separately."
"The most valuable feature of Splunk for data analysis is its ability to search using SPL and SQL."
 

Cons

"Adaptive Insights could improve the data designer interface to make integrations easier to set up."
"Discovery (the data visualization module): Needs to catch up with BI leaders, such as MS and Tableau. E.g., sorting by amounts in column charts and page slicers to control all visuals."
"The upload feature exists, but isn't terribly useful."
"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."
"Being able to drill down when using OfficeConnect needs work."
"The integrations could be simpler. It takes quite a bit of internal and IT know-how to set up."
"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."
"It's not easy or feasible to reach out to Splunk directly."
"There is room for improvement in terms of scalability."
"Firstly, integration with different cloud platforms could be enhanced."
"The support offered by Splunk Enterprise Platform has certain shortcomings that need improvement."
"Things have to be managed manually"
"The Splunk Processing Language (SPL) poses a steep learning curve for new users."
"The product doesn’t have prebuilt dashboards."
"Splunk is not an out-of-the-box solution like Micro Focus or Zabbix. You have to create your request to collect the data and add crucial components to the software."
 

Pricing and Cost Advice

"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."
"Adaptive Insights' pricing is reasonable."
"Prior to purchasing licenses, make sure you understand which users will only need planning and which users will need both planning and OfficeConnect."
"Licensing seems to be worth the cost considering the efficiency Adaptive brings."
"It's affordable."
"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."
"Ensure that you have the proper pricing plan in place."
"There are yearly payments to be made towards the licensing costs attached to the solution."
"I rate the product's pricing a ten on a scale of one to ten, where one is cheap, and ten is expensive. It is a very pricey tool."
"I have heard from my managers that Splunk Enterprise Platform is an expensive solution."
"The solution’s pricing is moderate."
"If you exceed your licensed limit, the product will issue a warning, typically a five-license warning. Additionally, they send daily email notifications informing you about the breach. This prompts you to consider options such as minimizing logs or acquiring additional licensing to address the issue."
"The solution is expensive, so I rate its pricing a four out of ten."
"The solution's pricing increases with the amount of data used. This pricing model is acceptable because it aligns with the security features provided. It ensures that the price reflects the level of security and the amount of data we're managing."
"The tool is expensive."
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Top Industries

By visitors reading reviews
Computer Software Company
11%
Real Estate/Law Firm
10%
Financial Services Firm
10%
Non Profit
6%
Hospitality Company
14%
Financial Services Firm
13%
Insurance Company
11%
Healthcare Company
11%
 

Company Size

By reviewers
Large Enterprise
Midsize Enterprise
Small Business
 

Questions from the Community

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 needs improvement with Adaptive Insights?
The integrations could be simpler. It takes quite a bit of internal and IT know-how to set up. So, there could be room for just improving the integrations, making it easier to integrate outside sys...
What do you like most about Splunk Enterprise Platform?
The most valuable features of the solution are the load balancing technique, the forwarding technique, and SSL certification.
What needs improvement with Splunk Enterprise Platform?
For future updates of Splunk Enterprise Platform, I would like to see integration by GUI. The integration should be improved with the UI.
What is your primary use case for Splunk Enterprise Platform?
The use cases for Splunk Enterprise Platform ( /products/splunk-enterprise-platform-reviews ) vary depending on the specific scenario. Splunk Enterprise Platform ( /products/splunk-enterprise-platf...
 

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. Splunk Enterprise Platform and other solutions. Updated: June 2025.
859,129 professionals have used our research since 2012.