Adaptive Insights vs ThoughtSpot comparison

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Workday Logo
309 views|211 comparisons
100% willing to recommend
ThoughtSpot Logo
989 views|752 comparisons
87% willing to recommend
Comparison Buyer's Guide
Executive Summary

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

Find out in this report how the two Data Visualization solutions compare in terms of features, pricing, service and support, easy of deployment, and ROI.
To learn more, read our detailed Adaptive Insights vs. ThoughtSpot Report (Updated: March 2024).
771,157 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
"It's very stable.""Automated reporting.""The biggest feature is the source of truth for all of our budget and forecast versions.""The most valuable feature of the solution is its dashboard.""Forecasting changes that instantly flow through all financial statements.""We utilize planning on a daily basis, therefore we find it to be the most valuable product for our organization.""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 helps develop a more unified work format throughout the company."

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"The ability to do ad hoc explorations of data has been most valuable.""It's easy to drill down or expand data to get more details right out of the box.""I like ThoughtSpot's search capabilities. You can also create custom analytics even if you aren't an experienced data analyst. We have users with no data analytics experience making some of the dashboards we've created, copying components, and customizing them to their specific use cases.""I would say the return on investment is good. Whatever we invested, we got results. We have been finding it easy to use and onboard new use cases.""It is easy to set up the solution.""The initial setup was very straightforward.""The scalability is good.""ThoughtSpot takes the modifying of existing reports out of our hands."

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Cons
"The upload feature exists, but isn't terribly useful.""Their customer support team is slow to respond and not extremely confident.""Better user interface (UI).""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.""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.""The integrations could be simpler. It takes quite a bit of internal and IT know-how to set up.""Being able to drill down when using OfficeConnect needs work.""Adaptive Insights could improve the data designer interface to make integrations easier to set up."

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"The dashboards could give you more ability to fine tune the appearance. You get a great deal more control over how something looks in Power BI than you do in ThoughtSpot.""ThoughtSpot is a fairly new product, so some usability aspects aren't as mature as we'd like them to be. One example is their organizational methodology, like how objects are organized in their dashboards inside the product. They're all on a flat list, which works if you've got five or 10 dashboards. However, it's insufficient when you're a large enterprise with multiple groups looking at the same dashboards. It isn't organized well.""If I want to order columns, this feature is not there.""The most difficult thing I found is that it only deals with the files and does not have direct connectivity to databases.""I would like to see more flexibility in adding the pins. Currently, we have four different sizes in which I can add pins, but I would like to be able to resize my pins.""In terms of features, I'd like to be able to pivot data - for example, going from rows to columns. It's not easy to do.""A customized visualization is lacking in this product.""The one area of the solution that I do hear needs improvement is on the visualization front."

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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."
  • More Adaptive Insights Pricing and Cost Advice →

  • "I give the pricing a six out of ten."
  • More ThoughtSpot 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:It's easy to drill down or expand data to get more details right out of the box.
    Top Answer:I like the pricing structure. I get billed by how much data I put in, not how many people are looking at the data. It's better for me as I can control pricing a bit more easily.
    Top Answer:We'd like more flexibility with the calendar as our fiscal year does not align with the calendar year. We have to load or create our own custom calendar to actually need our fiscal year-end. With… more »
    Ranking
    12th
    out of 71 in Data Visualization
    Views
    309
    Comparisons
    211
    Reviews
    5
    Average Words per Review
    656
    Rating
    8.2
    10th
    out of 71 in Data Visualization
    Views
    989
    Comparisons
    752
    Reviews
    8
    Average Words per Review
    783
    Rating
    7.5
    Comparisons
    Also Known As
    Workday Adaptive Planning, Adaptive Discovery , Workday Adaptive Planning
    Learn More
    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.

    ThoughtSpot is a powerful business intelligence tool that allows easy searching and drilling into data. Its ad hoc exploration and query-based search features are highly valued, and it is easy to set up, stable, and scalable. 

    The solution is used for reporting purposes, self-service BI, and embedding into other applications for customers to do self-service analytics. It helps businesses with metrics, KPIs, and important insights by sourcing data from various sources into one golden source and visualizing it in an easy way for the business to consume. The pricing model is ideal, charging for data rather than the number of users.

    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
    Primary Capital Mortgage, Sterling Backcheck, RichRelevance, Rambus, Batteries Plus Bulbs
    Top Industries
    REVIEWERS
    Non Profit22%
    Mining And Metals Company11%
    Non Tech Company11%
    Financial Services Firm11%
    VISITORS READING REVIEWS
    Computer Software Company16%
    Financial Services Firm9%
    Insurance Company7%
    Legal Firm6%
    VISITORS READING REVIEWS
    Financial Services Firm24%
    Computer Software Company11%
    Manufacturing Company11%
    Healthcare Company7%
    Company Size
    REVIEWERS
    Small Business24%
    Midsize Enterprise29%
    Large Enterprise48%
    VISITORS READING REVIEWS
    Small Business25%
    Midsize Enterprise17%
    Large Enterprise57%
    REVIEWERS
    Small Business13%
    Large Enterprise88%
    VISITORS READING REVIEWS
    Small Business14%
    Midsize Enterprise8%
    Large Enterprise78%
    Buyer's Guide
    Adaptive Insights vs. ThoughtSpot
    March 2024
    Find out what your peers are saying about Adaptive Insights vs. ThoughtSpot and other solutions. Updated: March 2024.
    771,157 professionals have used our research since 2012.

    Adaptive Insights is ranked 12th in Data Visualization with 18 reviews while ThoughtSpot is ranked 10th in Data Visualization with 8 reviews. Adaptive Insights is rated 8.4, while ThoughtSpot is rated 7.6. 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 ThoughtSpot writes "You can drill down into any data right out of the box, with a straightforward deployment, and great support". Adaptive Insights is most compared with Microsoft Power BI, Tableau, Anaplan, SAP Business Planning and Consolidation and Planful, whereas ThoughtSpot is most compared with Tableau, Microsoft Power BI, Looker, Amazon QuickSight and Mode Analytics. See our Adaptive Insights vs. ThoughtSpot report.

    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.