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Anaconda Business 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
6.2
Anaconda Business enhances efficiency and decision-making, leading to reduced costs and improved project delivery for significant ROI.
Sentiment score
7.3
IBM Planning Analytics boosts ROI by enhancing budgeting, analysis, and productivity but faces affordability issues due to increased pricing.
Everyone being able to work smoothly without unnecessary delays.
tester at a tech vendor with 10,001+ employees
I have seen a return on investment; specifically, when we talk about efficiency, it's both time-saving and money-saving.
Product managaer at Zidio development
I have seen a return on investment with time saved by 50% and less downtime, allowing the team to deliver projects faster with fewer errors.
Analyst at Tata consultancy services
I have seen a return on investment, as the accuracy has really improved in my organization since everything is automated.
Team Lead Manager at Finlays
Since using this tool, I can now make decisions faster, even when there is just a small change in the data.
Key Account Manager at DHL
 

Customer Service

Sentiment score
5.4
Anaconda Business offers prompt, helpful customer support, with users relying more on documentation and community resources like Stack Overflow.
Sentiment score
7.0
IBM Planning Analytics support is responsive and efficient, rated highly by users, yet there's room for faster direct resolutions.
Anaconda Business customer support is very active with a quick response time.
System Engineer at a tech vendor with 10,001+ employees
Overall, support was reliable when we needed it, just not super-fast every single time.
tester at a tech vendor with 10,001+ employees
The customer support for Anaconda Business provides a better approach.
Product managaer at Zidio development
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
They have been very dedicated and provided top-notch solutions.
Senior Software Engineer at a financial services firm with 10,001+ employees
 

Scalability Issues

Sentiment score
6.7
Anaconda Business efficiently supports scalability, seamless expansion, and smooth performance for growing projects and teams in organizations.
Sentiment score
7.9
IBM Planning Analytics offers high scalability, efficiently managing data with real-time handling and flexibility for small to enterprise businesses.
As more environments or users get added, it still runs smoothly without major slowdowns.
tester at a tech vendor with 10,001+ employees
Anaconda Business scales very well because it is built around centralized environment and package management.
System Engineer at a tech vendor with 10,001+ employees
Anaconda does not have scalability restrictions as it depends on the type of machine running it.
VP Product at Medint
IBM Planning Analytics' scalability is impressive, as it is able to gather data from multiple sources and handle huge amounts of data without any lagging or downtime.
Team Lead Manager at Finlays
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
7.4
Anaconda Business is stable and efficient, offering reduced setup time and performance improvements despite minor memory and update issues.
Sentiment score
7.9
IBM Planning Analytics offers stability and reliable performance for forecasting, with occasional fixable issues requiring vendor support.
Earlier, setting up or troubleshooting conflicts could take anywhere from thirty minutes to an hour, but now most setups just work.
tester at a tech vendor with 10,001+ employees
Anaconda Business is stable to an extent, but it sometimes crashes on systems with insufficient RAM.
Software Engineer at a financial services firm with 51-200 employees
The performance of IBM Planning Analytics has always been fast and reliable for my needs, even when dealing with huge volumes of data.
Key Account Manager at DHL
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
IBM Planning Analytics is stable because the reason we switched from IBM Cognos is that IBM Planning Analytics capability allows us to connect to multiple tools, which we could not do before.
Senior Software Engineer at a financial services firm with 10,001+ employees
 

Room For Improvement

Anaconda Business needs OS compatibility updates, user interface improvements, better documentation, and enhanced performance, stability, and functionality.
Users recommend improving IBM Planning Analytics usability, interface design, automation, integration, performance, scalability, offline access, and reducing upgrade frequency.
It would also be nice to have clearer error messages when something fails, so it is easier to understand what went wrong without digging too much.
tester at a tech vendor with 10,001+ employees
They should enhance the security point of view; it's good, but it needs some more advanced features.
Product managaer at Zidio development
The pricing should be a little lower for a single person to use, as it might be affordable for an organization, but for my single use, it is difficult.
Product Engineer at a tech vendor with 10,001+ 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
The advanced features are somewhat complex to understand, and if the data set is very large, it takes a lot of time to process, which causes performance to become slower.
Senior Software Engineer at a financial services firm with 10,001+ employees
 

Setup Cost

Anaconda Business offers reasonable costs and broad compatibility, despite additional hardware expenses, maintaining satisfaction with free tool access.
IBM Planning Analytics offers flexible licensing models and competitive pricing, with consulting fees impacting overall costs significantly.
Anaconda is an open-source tool, so I do not pay anything for it.
VP Product at Medint
My experience with pricing, setup cost, and licensing is that it is a little costly, but it is useful.
Automation Test Engineer at Tata Consultancy services Limited
My experience with pricing, setup cost, and licensing indicates that it is a bit costly, but it is useful.
Analyst at Tata consultancy services
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 is that the pricing and licensing cost can be somewhat on the higher side, especially for small organizations.
Senior Software Engineer at a financial services firm with 10,001+ employees
 

Valuable Features

Anaconda Business enhances productivity with centralized management, security, multi-language support, and seamless Python and R integration.
IBM Planning Analytics provides fast calculations, customization, Excel integration, and automation for efficient financial performance management and data analysis.
Anaconda Business has positively impacted my organization because, when discussing the security point of view, it's exceptional; when comparing it to other solutions, Anaconda Business is superior.
Product managaer at Zidio development
We find the advanced security, governance, and collaborative features for organizations using Python and R particularly useful.
Product Engineer at a tech vendor with 10,001+ employees
Anaconda Business positively impacts our organization by protecting us from compliance and security risks while keeping the environment consistent, allowing our team to focus on insight and innovation instead of worrying about setups, security, and software issues.
Analyst at Tata consultancy services
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
Some of the valuable features of IBM Planning Analytics are its intuitive and user-friendly interface, reporting output and scheduling, access control and security, and mobile capabilities.
Senior Software Engineer at a financial services firm with 10,001+ employees
 

Categories and Ranking

Anaconda Business
Average Rating
8.2
Reviews Sentiment
6.8
Number of Reviews
29
Ranking in other categories
Data Science Platforms (6th)
IBM Planning Analytics
Average Rating
8.4
Reviews Sentiment
7.0
Number of Reviews
28
Ranking in other categories
Business Performance Management (4th)
 

Mindshare comparison

While both are Business Intelligence solutions, they serve different purposes. Anaconda Business is designed for Data Science Platforms and holds a mindshare of 2.2%, up 2.1% compared to last year.
IBM Planning Analytics, on the other hand, focuses on Business Performance Management, holds 4.4% mindshare, down 10.9% since last year.
Data Science Platforms Mindshare Distribution
ProductMindshare (%)
Anaconda Business2.2%
Databricks8.2%
Dataiku5.6%
Other84.0%
Data Science Platforms
Business Performance Management Mindshare Distribution
ProductMindshare (%)
IBM Planning Analytics4.4%
Anaplan6.8%
Adaptive Insights5.0%
Other83.8%
Business Performance Management
 

Featured Reviews

reviewer2775498 - PeerSpot reviewer
tester at a tech vendor with 10,001+ employees
Isolate environments and switch package versions efficiently for smoother testing workflows
Overall, it works well, but there are a few things that could be better. Sometimes the environment creation or package installation feels a bit slow, especially with bigger libraries. Another thing I would appreciate is a cleaner, more intuitive interface for managing environments. It works, but a smoother UI could make the workflow faster. It would also be nice to have clearer error messages when something fails, so it is easier to understand what went wrong without digging too much. The documentation could be a bit clearer, especially for troubleshooting specific errors or setup issues. Sometimes I need to search extensively to find the exact steps. Also, having quicker or more detailed support responses would help when something unexpected comes up. These are not major problems, but improving them would definitely make the overall experience smoother. One small improvement I would add is smoother integration with IDEs. It works fine right now, but having even tighter or more automated syncing with tools such as VS Code or PyCharm would make the workflow faster. Perhaps also a few more built-in examples or quick-start guides for common setups would be helpful. Nothing major, just things that would make the experience even more user-friendly.
Gladys Njeri - PeerSpot reviewer
Key Account Manager at DHL
Data-driven planning has transformed financial decisions and now saves major reporting time
IBM Planning Analytics helps with collaboration between teams by allowing us to gather data from various departments, analyze it, and collaborate on the data to make data-driven decisions between different departments easily. As I mentioned previously, I mainly use IBM Planning Analytics to visualize the existing data to generate meaningful report dashboards and use it during stakeholder meetings to arrive at the right decision. The best features IBM Planning Analytics offers include budgeting, forecasting, and what-if scenario analysis. The scenario modeling feature in IBM Planning Analytics is probably the most robust planning and forecasting solution we use, especially for what-if scenarios, where we are able to forecast using Watson Studio, which helps in better prediction. I really appreciate the Excel integration in IBM Planning Analytics because it keeps things familiar and adds more power.
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Top Industries

By visitors reading reviews
Financial Services Firm
16%
University
11%
Computer Software Company
7%
Manufacturing Company
7%
Financial Services Firm
15%
Manufacturing Company
10%
Retailer
9%
Insurance Company
6%
 

Company Size

By reviewers
Large Enterprise
Midsize Enterprise
Small Business
By reviewers
Company SizeCount
Small Business12
Midsize Enterprise2
Large Enterprise19
By reviewers
Company SizeCount
Small Business16
Midsize Enterprise4
Large Enterprise16
 

Questions from the Community

What is your experience regarding pricing and costs for Anaconda?
My experience with pricing, setup cost, and licensing is that it is a little costly, but it is useful.
What needs improvement with Anaconda?
I believe Anaconda Business can be improved in terms of performance and speed, particularly regarding the installation process and efficiency to avoid system freezing.
What is your primary use case for Anaconda?
I have been using Anaconda Business for a couple of years since 2022 when I started data analysis, utilizing it for Python programming to query and analyze my data. My main use cases for Anaconda B...
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?
My experience with pricing, setup cost, and licensing for IBM Planning Analytics is that the pricing and licensing cost can be somewhat on the higher side, especially for small organizations. Howev...
What needs improvement with IBM Planning Analytics?
IBM Planning Analytics could be improved by simplifying the learning curve, as it requires a lot of time to learn and master it. The advanced features are somewhat complex to understand, and if the...
 

Also Known As

No data available
Cognos TM1, IBM Cognos TM1
 

Overview

 

Sample Customers

LinkedIn, NASA, Boeing, JP Morgan, Recursion Pharmaceuticals, DARPA, Microsoft, Amazon, HP, Cisco, Thomson Reuters, IBM, Bridgestone
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 Databricks, Dataiku, Knime and others in Data Science Platforms. Updated: April 2026.
894,738 professionals have used our research since 2012.