Amazon QuickSight vs IBM Planning Analytics comparison

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Executive Summary

We performed a comparison between Amazon QuickSight and IBM Planning Analytics based on real PeerSpot user reviews.

Find out what your peers are saying about Microsoft, Tableau, SAP and others in BI (Business Intelligence) Tools.

To learn more, read our detailed BI (Business Intelligence) Tools Report (Updated: June 2024).

Buyer's Guide

BI (Business Intelligence) Tools

June 2024

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Categories and Ranking

IBM Cognos

Mindshare comparison

As of July 2024, in the BI (Business Intelligence) Tools category, the mindshare of IBM Cognos is 3.2%, down from 4.9% compared to the previous year. The mindshare of Amazon QuickSight is 8.2%, down from 12.6% compared to the previous year. The mindshare of IBM Planning Analytics is 2.8%, up from 1.9% compared to the previous year. It is calculated based on PeerSpot user engagement data.

BI (Business Intelligence) Tools

Unique Categories:

Reporting

3.1%

No other categories found

Business Performance Management

8.6%

Featured Reviews

Carlos Larrad Salgado

Deputy Director Operations Management Control at Mapfre

Jul 27, 2022

Improved the quality of our KPIs, while reducing calls to the IT department

I don't like that when we use Colab packages, we get less functionality. For example, you can make groups of data with Excel or with the data sets from the packages, but when you use the Colab packages directly, you can only group the data when you analyze it with Analysis Studio. I think Cognos needs to improve more on this functionality. The user experience is also very important. Cognos is not very easy to understand sometimes, especially when they change the layout but keep the functionality the same. The help is not very graphic and they have no examples. Cognos has to make a big effort to help with understanding the functionality by improving the documentation. There is a lot of documentation, but the examples are hard to find and they should make their help section easier to understand for non-technical users.

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reviewer2123349

Founder at a agriculture with 201-500 employees

Feb 12, 2024

Has efficient integration capabilities, but the stability needs improvement

The platform has a lot of limitations. We used it for two months and decided to change to another product They could provide more options for graphics and other features. It has a lot of limitations compared to other database platforms. We have used Amazon QuickSight for two months. We…

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Arnold Steffens

Managing Director at Steffens PANTA RHEI GmbH

Jul 3, 2024

Offers speed of calculation, the ability to build complex models and integration with different data sources

It's easy to set up. I would rate my experience with the initial setup a nine out of ten, where one is difficult and ten is easy to set up. We had a bug in computation a long time ago, but that was solved. Normally, we can rely on the computations being correct. It is mostly deployed on-premises. Deployment time: The initial setup is quite fast, but the system grows and gets more complex over time. Planning Analytics is not a ready-made product; you develop it with the customers based on their specific needs. So from the beginning to the first use, it takes four to six months. If you start from scratch, it can take longer. But if the customer buys pre-designed modules, it's faster. So the most time it can take is up to six months, if you start from scratch. If the customer buys already designed modules, you're faster. Deployment process: We always have a development, test, and quality assurance system, and then a production system. We have continuous development and deployment for projects that run for two to three years because the customer develops a huge, complex planning and reporting solution. So it doesn't stop after installation. It's not like an app that is ready to use after installation.

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Quotes from Members

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

Pros

"IBM Cognos is an excellent solution for tax, planning, budgeting, profit and loss statements and balance sheets."

"A positive feature is Report Studio, where we create beautiful, complex reports."

"Cognos is the best application with dashboards,batch reporting, jobs, events and ad-hoc reporting for business users."

"The most valuable features are Report Development (Functionality) and Information Distribution (Flexibility)."

"In terms of stability, I think that Cognos is more stable than Tableau and Power Bi because of its framework manager concept that allows us to import metadata and store it in the framework manager."

"It is a stable product."

"Self-service is possible through the use of dashboards, which are also very intuitive. Stories can be used to pin snapshots, tell the story for meetings, etc."

"Stability-wise, I rate the solution a ten out of ten."

More IBM Cognos pros

"Amazon QuickSight can provide insights from the available data. It supports various rule types. We get the options of machine learning and insights, which are not available in other intelligence tools. It is easier to use, more stable, and cheaper than other solutions."

"The most valuable feature I have found is the low-level securities are very easy to use."

"The most valuable feature of Amazon QuickSight is its connectivity with other Amazon services."

"The product is easy to learn."

"The ease with which it integrates with different data sources is most valuable. Especially when everything is on AWS, it is easy to connect to the data source and organize different dashboards."

"The solution is simple to implement."

"It helped the managers to visualize the data activities."

"One of the most valuable features of Amazon QuickSight has been the speed at which visualizations can be created."

More Amazon QuickSight pros

"The flexibility of IBM Planning Analytics is a great feature of this solution. The design flexibility with data rules and defining calculations The ability to combine online and offline calculations are a benefit. Additionally, the forecasting features and predictive analytics is very good."

"The most valuable features of IBM Planning Analytics for streamlining planning processes include a unified database where all data are centralized."

"The ease of use is valuable. The fact that it's plugged into Excel spreadsheets is also valuable. It provides additional functionality where you can slice and dice the information in a way that you can't do with spreadsheets"

"The tool is flexible."

"A lot of the platform is in-memory, so Planning Analytics can run calculations quite fast. It also offers several user interfaces. And in the newest version of Planning Analytics, there is a new one called the Planning Analytics Workspace. Maybe it could be useful for the business side."

"IBM Planning Analytics is easy to use and deploy. It is quick to develop. The calculation machine is also very fast."

"The most valuable feature is that it is able to slice and dice the data."

"All the different platforms are well integrated."

More IBM Planning Analytics pros

Cons

"Extending dynamic cubes aggregate awareness with calculated measures."

"They were lacking in the initial phases of development in the area of big data, and they still need to improve that aspect of the product."

"Tableau and Power BI are faster than Cognos."

"I would like to have predictive and forecasting capabilities in Cognos. It's one thing to do reporting, and another thing to easily predict or forecast certain data points, which is very important for all the clients."

"IBM Support can be slow at times, but they can usually deliver in a timely manner."

"I think the GIS pieces maybe not as good as we would like."

"One thing that we really want is the ability to have data portrayed on an image. Cognos is not able to do it at the moment, and that's becoming a requirement from the business side: having an image and then plotting your dataset on top of the image as a map."

"It would be better if it is was easier to implement without extensive training for it."

More IBM Cognos cons

"It's not ideal for reports that are more complex."

"Amazon QuickSight has minimal features. The feature set can be improved to allow you to create good production-ready dashboards. This does not happen with QuickSite, it needs to mature to be used in production."

"One area is that integrating data from different sources into QuickSight can be a bit tricky, especially with Amazon Connect. To get data flowing, you need to use two additional services and configure them correctly."

"There is room for improvement in terms of the number of visualizations and dashboards that are available."

"The product is quite expensive because the price is too close to QlikView's prices but it does not ring as well as QlikView."

"There should be better connectors for different data sets."

"One area where Amazon QuickSight could improve is its formatting features for dashboards."

"The product has some storage and SPICE data issues."

More Amazon QuickSight cons

"The workspace API should be improved and documented so we know better which objects are used."

"The tool's transport layer could be improved when promoting development between environments."

"The new frontend Planning Analytics Workspace is not very good, it could be improved. I like the Planning Analytics functionality but it would be helpful if it could be more customizable. You can create a prediction and receive information but you cannot do feature engineering regarding the predictive models. If this was added it would be helpful."

"The local authentication part is difficult to manage in the product, making it an area where improvements are required."

"It's highly competitive right now, and all the vendors are in a race to put out new versions with additional features. IBM comes out with new versions too often, and it has an impact on quality."

"Extracting data is a little slow."

"The dashboard is very poor and needs a lot of improvement."

"Adding predefined templates could be beneficial."

More IBM Planning Analytics cons

Pricing and Cost Advice

"The pricing and licensing policies are comparatively cheaper than other products in the market ."

"The pricing of this product is meant for medium to large-scale enterprises."

"The solution is affordable."

"It is pretty expensive."

"I don't know the exact cost, but I believe Cognos is quite expensive, especially when it comes to the support consultants and the procedures that need to be applied."

"There is need to assess the purchase license accordingly so as to avoid audit penalties."

"Cognos is super expensive compared to Tableau ($70/month) and Power BI ($20/month) — I think Cognos is roughly $200 a month."

"Pricing should be improved."

More IBM Cognos pricing and cost advice

"It is simpler and cheaper than other solutions."

"I rate the price of Amazon QuickSight a four on a scale of one to ten, where one is a low price, and ten is a high price."

"I'm using a paid version of Amazon QuickSight, paying about $22 monthly. As I have yet to learn about the pricing for other tools, such as Power BI, I won't be able to compare."

"The standard edition is free to use for exploration purposes while the enterprise edition needs to be paid for. The pricing for this solution is very reasonable."

"The solution is not affordable."

"The product pricing is better than other vendors."

"A highly affordable cost structure with fixed membership and timeframe basis options."

"The solution's pricing is cheaper than the other products in the market."

More Amazon QuickSight pricing and cost advice

"IBM Planning Analytics is not the cheapest solution, but it's priced per the market standard for this type of solution. I rate the price at seven out of ten."

"Compared with the other tools in the market, IBM Planning Analytics is a bit expensive."

"It is a bit expensive, but you get what you are paying for."

"IBM Planning Analytics is priced well, and licensing costs are yearly."

"I would rate the tool's pricing a nine out of ten since it's expensive."

"Our licensing cost is approximately $50,000.00 per year."

"The license of this solution is paid annually. Most of my customers choose a license that includes support."

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Top Industries

By visitors reading reviews

Educational Organization

60%

Financial Services Firm

Computer Software Company

Government

Computer Software Company

16%

Financial Services Firm

15%

Manufacturing Company

Government

Educational Organization

44%

Financial Services Firm

11%

Computer Software Company

Manufacturing Company

Company Size

By reviewers

Large Enterprise

Midsize Enterprise

Small Business

Questions from the Community

Seeking lightweight open source BI software

It depends on the Data architecture and the complexity of your requirement. Some great tools in the market are Qlik ...

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What do you like most about IBM Cognos?

The solution's most valuable feature is its ease of use, which makes it easily compatible with other tools.

See all answers

What needs improvement with IBM Cognos?

The tool does not have much documentation on the internet. It is not easy to resolve issues by finding the reason for...

See all answers

What do you like most about Amazon QuickSight?

The integration is very seamless. We stored our result CSV files in S3 and connected directly from there.

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What is your experience regarding pricing and costs for Amazon QuickSight?

My company had a corporate discount and other arrangements, so I'm not familiar with the standard pricing.

See all answers

What needs improvement with Amazon QuickSight?

Compared to Power BI, I felt QuickSight lacks some features, like delayed drill-downs. Drill-downs were the main area...

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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 w...

See all answers

What is your experience regarding pricing and costs for IBM Planning Analytics?

The cost of IBM Planning Analytics is not cheap, considering the amount of money involved. However, it offers good RO...

See all answers

What needs improvement with IBM Planning Analytics?

The workspace API should be improved and documented so we know better which objects and tier-one objects are used.

See all answers

Comparisons

Microsoft Power BI vs IBM Cognos

Compared 12% of the time

Tableau vs IBM Cognos

Compared 10% of the time

Oracle Hyperion vs IBM Cognos

Compared 8% of the time

SAP BusinessObjects Business Intelligence Platform vs IBM Cognos

Compared 7% of the time

Microsoft SQL Server Reporting Services vs IBM Cognos

Compared 3% of the time

More IBM Cognos Competitors

Microsoft Power BI vs Amazon QuickSight

Compared 29% of the time

Tableau vs Amazon QuickSight

Compared 22% of the time

Looker vs Amazon QuickSight

Compared 9% of the time

Looker Studio vs Amazon QuickSight

Compared 8% of the time

Databricks vs Amazon QuickSight

Compared 2% of the time

More Amazon QuickSight Competitors

SAP Analytics Cloud vs IBM Planning Analytics

Compared 19% of the time

Microsoft Power BI vs IBM Planning Analytics

Compared 14% of the time

Anaplan vs IBM Planning Analytics

Compared 11% of the time

Jedox vs IBM Planning Analytics

Compared 9% of the time

Oracle Planning and Budgeting Cloud vs IBM Planning Analytics

Compared 5% of the time

More IBM Planning Analytics Competitors

Product Reports

Buyer's Guide

IBM Cognos

July 2024

Download IBM Cognos product report

Buyer's Guide

Amazon QuickSight

July 2024

Download Amazon QuickSight product report

Buyer's Guide

IBM Planning Analytics

July 2024

Download IBM Planning Analytics product report

Also Known As

Cognos, Cognos Analytics, IBM Cognos Analytics

QuickSight

Cognos TM1, IBM Cognos TM1

Learn More

IBM

Amazon Web Services (AWS)

IBM

Overview

IBM Cognos Business Intelligence provides a wide range of tools to help you analyze your organization's data. IBM Cognos BI allows businesses to monitor events and metrics, create and view business reports, and analyze data to help them make effective business decisions.

IBM Cognos applies techniques to describe, summarize, and compare data, and draw conclusions. This allows users to see trends and discover anomalies or variances that may not be evident by simply reading data. Data sources that contain information from different areas of a business can be stored in separate packages. Users can see only information that they have been granted access to, based on their group or role.

IBM Cognos BI consolidates the following business intelligence functions into a single web-based solution:

IBM Cognos Insight: Create personal and managed workspaces for data analysis. Using these interactive workspaces, you can share insight results with managers. Cognos Insight supports write-back, and you can also use these workspaces to capture and integrate management goals, commitments, and forecasts.
IBM Cognos Workspace: With IBM Cognos Workspace, you can create rich, interactive workspaces using IBM Cognos content as well as data from external sources. You can view and open your favorite workspaces and reports, edit content in your workspaces, and share your workspaces via email.
IBM Cognos Analytics: IBM Cognos Analytics utilizes built-in AI and intuitive searches which helps users to quickly create the visualizations and a wide range of reports. Cognos Analytics provides cognitive and managed self-service, enabling you to gain insights from controlled and trusted data.
IBM Cognos Report Studio and IBM Cognos Query Studio: Easily create structured and query reports. IBM Cognos allows users to create application and report templates. In addition, report authors can reuse report objects to apply filters, fields, and styles to reports. Users can set the language of the user interface and report content according to the user's native language.
IBM Cognos Event Studio: Receive notifications of events that occur within your organization in real time. Event Studio enables the creation of agents that detect the occurrence of business events, failures, or anomalies, based on the change of specific events or data conditions. Notification can be sent via email, publication in the portal, or by triggering reports.
IBM Cognos Connection: This is the Web portal for IBM Cognos BI and is the central area for accessing all the IBM Cognos functions. In the web portal, users can schedule and distribute reports, create tasks, administer the server and the access permissions, and more.

Reviews from Real Users

IBM Cognos stands out among its competitors for a number of reasons. Two major ones are its powerful analysis tool and its reporting capabilities.

Prasad B., a senior software engineer at a financial services firm, notes, “The product is a very good reporting tool and is very flexible. It allows for the users to get a scheduled report. We can receive automated reports as well. They are easy to schedule on a weekly or monthly basis. It is very fast. I mean in means of report output, it's very fast compared to the actual clients involved.”

Amazon QuickSight is a fast, cloud-powered business analytics service that makes it easy to build visualizations, perform ad-hoc analysis, and quickly get business insights from your data. Using our cloud-based service you can easily connect to your data, perform advanced analysis, and create stunning visualizations and rich dashboards that can be accessed from any browser or mobile device.

IBM Planning Analytics is an integrated planning solution that uses AI to automate planning, budgeting, and forecasting and drive more intelligent workflows.

Built on TM1, IBM’s powerful calculation engine, this enterprise performance management tool allows you to transcend the limits of manual planning and become the Analytics Hero your business needs. Quickly and easily drive faster, more accurate plans for FP&A, sales, supply chain and beyond.

Sample Customers

More than 23,000 leading organizations across multiple industries use Cognos. Some examples of Cognos customers include BMW Financial Services, Quinte Health Care, Troy Corporation, Michigan State University, and GKN Land System.

MLB Advanced Media, Infor, HotelBeds, Gemini, Jivochat, Edmunds.com

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

Buyer's Guide

BI (Business Intelligence) Tools

June 2024

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