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Alteryx vs IBM Planning Analytics comparison

 

Comparison Buyer's Guide

Executive Summary

Review summaries and opinions

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

ROI

Sentiment score
6.9
Alteryx quickly delivers ROI by drastically reducing data processing time, saving costs, and improving efficiency with potential market pricing adjustments.
Sentiment score
7.3
IBM Planning Analytics boosts budgeting productivity but faces challenges from rising costs, prompting some companies to explore alternatives.
Alteryx helps familiarize managers with artificial intelligence-driven possibilities.
Chief Information Officer at granistr
I have seen a return on investment with IBM Planning Analytics, as we are able to forecast the budget for the entire year with significant time saving.
Human Resources Manager at Shell
 

Customer Service

Sentiment score
7.3
Users praise Alteryx's customer service and community resources, though some seek improved support during complex issues.
Sentiment score
6.2
IBM Planning Analytics support is positive, yet response times vary; documentation, training, and multi-level support are valued.
I contacted customer support once or twice, and they were quick to respond.
Experience Technocrat driving IT initiatives at WISDOMBOWL
The customer service was not good because we weren't premium support users.
Senior Capacity Planner at a financial services firm with 10,001+ employees
Customer support is good since I've had no issues and can easily contact representatives who respond promptly.
Chief Information Officer at granistr
We have a multi-level support system, with the initial level handled by the company we bought the license from and subsequent support from IBM.
Responsable B.I at a retailer with 51-200 employees
Instead, we rely on third-party partners recognized by IBM, who provide cost-effective support.
Financial Performance Manager at a retailer with 1,001-5,000 employees
Customer support for IBM Planning Analytics is very unparalleled and available 24/7.
Human Resources Manager at Shell
 

Scalability Issues

Sentiment score
7.2
Alteryx is scalable and efficient for various users and datasets, though some users cite cost and complexity concerns.
Sentiment score
7.6
IBM Planning Analytics excels in scalability and real-time data, though complexity and pricing pose challenges for some users.
Alteryx is scalable, and I would give it eight out of ten.
Experience Technocrat driving IT initiatives at WISDOMBOWL
Scalability is quite hard to implement in TM1, largely since the on-premise installation chosen back in 2014.
Responsable B.I at a retailer with 51-200 employees
Scalability is straightforward but it is pricey since it's a SaaS model priced per user.
Financial Performance Manager at a retailer with 1,001-5,000 employees
 

Stability Issues

Sentiment score
7.9
Alteryx is praised for its stability and efficiency, handling large datasets swiftly with minimal crashes or issues.
Sentiment score
7.8
IBM Planning Analytics is stable and reliable, praised for robustness, supporting budgeting in various industries with few issues.
I didn't need to reach out to Alteryx for support because available documents usually provide enough information to resolve issues.
Software Engineer at a computer software company with 10,001+ employees
I have not encountered any lagging, crashing, or instability in the system during these three months of usage.
Legal Coordinator at a transportation company with 10,001+ employees
This stability is really important as we use it for budget calculation, which is time-consuming.
Responsable B.I at a retailer with 51-200 employees
 

Room For Improvement

Alteryx users criticize its outdated interface, high pricing, and demand better documentation, collaboration, and data science tools.
IBM Planning Analytics needs improved integration, pricing, visualization, user interface, functionality, automation, design, speed, and predictive analytics support.
The tool could include more native connectors, such as for global ERPs, instead of requiring additional fees for these connections.
Legal Coordinator at a transportation company with 10,001+ employees
The support structure changed; initially, we received great support, however, it later became less reliable due to licensing issues and a tiered support system.
Senior Capacity Planner at a financial services firm with 10,001+ employees
The additional features that Alteryx needs to work on to make it more competitive include better collaboration and easier integration through API.
Senior Consultant at a consultancy with 201-500 employees
The abundance of features results in complexity, requiring strict guidelines for developers to ensure simplistic approaches are adhered to.
Responsable B.I at a retailer with 51-200 employees
IBM's visualization needs significant improvement.
Financial Performance Manager at a retailer with 1,001-5,000 employees
I would love to see improvements in IBM Planning Analytics regarding seamless integration with tools like Microsoft and Google Sheets, which would be very important.
Human Resources Manager at Shell
 

Setup Cost

Alteryx offers various licensing, with a notable ROI for teams, though costly for individuals compared to competitors.
Enterprise IBM Planning Analytics has setup costs from consulting fees and varied licensing, offering market-standard ROI and compatibility.
Alteryx is more cost-effective compared to Informatica licenses, offering savings.
Software Engineer at a computer software company with 10,001+ employees
It has a fair price when considering a larger-scale implementation.
Legal Coordinator at a transportation company with 10,001+ employees
Alteryx is expensive.
Experience Technocrat driving IT initiatives at WISDOMBOWL
TM1 is quite expensive, and I'd rate the pricing as an eight out of ten.
Responsable B.I at a retailer with 51-200 employees
While IBM's solutions were costly before, the introduction of SaaS models has reduced prices significantly.
Financial Performance Manager at a retailer with 1,001-5,000 employees
My experience with pricing, setup cost, and licensing for IBM Planning Analytics has been okay, and the price is also relatively affordable.
Human Resources Manager at Shell
 

Valuable Features

Alteryx streamlines data preparation and integration, offering intuitive workflows, predictive analytics, and robust support for efficient analysis.
IBM Planning Analytics enhances planning with flexible design, Excel integration, sandbox testing, machine learning, and user-friendly interface.
Alteryx not only represents data but also supports decision-making by suggesting the next steps.
Chief Information Officer at granistr
Analysts who do not have any coding experience can still work on the transformation and preparation of data, which is quite useful.
Senior Consultant at a consultancy with 201-500 employees
Alteryx is user-friendly and allows easy creation of workflows compared to Informatica PowerCenter.
Software Engineer at a computer software company with 10,001+ employees
Its stability helps controllers win time in their planning processes.
Responsable B.I at a retailer with 51-200 employees
It also integrates machine learning and AI engines, enabling us to use algorithms for inventory forecasting which optimizes our inventory and replenishment rates.
Financial Performance Manager at a retailer with 1,001-5,000 employees
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.
Human Resources Manager at Shell
 

Categories and Ranking

Alteryx
Average Rating
8.4
Reviews Sentiment
7.0
Number of Reviews
83
Ranking in other categories
Predictive Analytics (1st), Data Science Platforms (6th), Data Preparation Tools (1st)
IBM Planning Analytics
Average Rating
8.4
Reviews Sentiment
6.9
Number of Reviews
26
Ranking in other categories
Business Performance Management (6th)
 

Mindshare comparison

While both are Business Intelligence solutions, they serve different purposes. Alteryx is designed for Predictive Analytics and holds a mindshare of 8.1%, down 23.3% compared to last year.
IBM Planning Analytics, on the other hand, focuses on Business Performance Management, holds 4.9% mindshare, down 9.2% since last year.
Predictive Analytics Market Share Distribution
ProductMarket Share (%)
Alteryx8.1%
Anaplan8.1%
SAP Analytics Cloud7.7%
Other76.1%
Predictive Analytics
Business Performance Management Market Share Distribution
ProductMarket Share (%)
IBM Planning Analytics4.9%
Anaplan7.4%
CCH Tagetik5.7%
Other82.0%
Business Performance Management
 

Featured Reviews

Theresa McLaughlin - PeerSpot reviewer
Senior Capacity Planner at a financial services firm with 10,001+ employees
Quick development enables seamless data processing despite occasional support issues
There were times when the product would fail during development without an apparent reason. The support structure changed; initially, we received great support, however, it later became less reliable due to licensing issues and a tiered support system. Licensing negotiations were problematic, affecting our product usage. For instance, our licenses were temporarily lost during negotiations when an agreement couldn't be reached.
Michael Otieno - PeerSpot reviewer
Human Resources Manager at Shell
Collaborative planning has transformed budgeting and now drives faster, data-driven decisions
Some of the best features IBM Planning Analytics offers are accurate analytics, its user-friendly interface, and its ease of use.The user-friendly interface of IBM Planning Analytics stands out because it is a web interface with spreadsheets, which makes it easy for us to forecast and predict our financials easily. In addition to the user-friendly interface, I would mention predictive forecasting, as it helps to predict and is AI capable for faster, more accurate forecasts while providing simple and seamless integration with our existing tech stack and other tools. 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. It has also helped us understand real-time marketing dynamics and take decisions accordingly, and through analytics, we are able to gain accurate insights where we make data-driven decisions easily.
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Top Industries

By visitors reading reviews
Financial Services Firm
23%
Manufacturing Company
9%
Computer Software Company
8%
Retailer
6%
Financial Services Firm
15%
Manufacturing Company
11%
Retailer
9%
Insurance Company
5%
 

Company Size

By reviewers
Large Enterprise
Midsize Enterprise
Small Business
By reviewers
Company SizeCount
Small Business31
Midsize Enterprise15
Large Enterprise53
By reviewers
Company SizeCount
Small Business16
Midsize Enterprise4
Large Enterprise11
 

Questions from the Community

What is the Biggest Difference Between Alteryx and IBM SPSS Modeler?
One of the differences is that with Alteryx you can use it as an ETL and analytics tool. Please connect with me directly if you want to know more.
What is the Biggest Difference Between Alteryx and IBM SPSS Modeler?
Alteryx is an extremely easy and flexible data tool, flexible in terms of drag and drop toolset and also has python, R integrations if your team requires this. It can handle over 2 billion rows of...
What is the Biggest Difference Between Alteryx and IBM SPSS Modeler?
I am not familiar with IBM SPSS Modeler, therefore, I cannot compare these two products. Regarding Alteryx I can say the following: - An excellent desktop tool for Data Prep and analytics. - Featu...
What do you like most about IBM Planning Analytics?
The most valuable features of IBM Planning Analytics for streamlining planning processes include a unified database where all data are centralized.
What is your experience regarding pricing and costs for IBM Planning Analytics?
While IBM's solutions were costly before, the introduction of SaaS models has reduced prices significantly. Comparatively, IBM rates may be better than those of competitors, such as Hyperion ( /pro...
What needs improvement with IBM Planning Analytics?
IBM is behind competitors like Tableau ( /products/tableau-reviews ) and Power BI in terms of visualization. Their visuals are less innovative and practical with fewer varieties. IBM's visualizatio...
 

Also Known As

No data available
Cognos TM1, IBM Cognos TM1
 

Overview

 

Sample Customers

AnalyticsIq Inc., belk, BloominBrands Inc., Cardinalhealth, Cineplex, Dairy Queen
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
Find out what your peers are saying about Alteryx, SAP, Altair and others in Predictive Analytics. Updated: December 2025.
880,685 professionals have used our research since 2012.