IBM Planning Analytics and Anaplan directly compete in the business performance management space with their comprehensive planning and forecasting solutions. Anaplan often takes the lead due to its powerful cloud-based platform that scales efficiently, suggesting its superior appeal despite the benefits of IBM's pricing and support.
Features: IBM Planning Analytics offers robust data modeling capabilities, advanced multi-dimensional modeling, and powerful scenario planning and predictive analytics. Anaplan is known for collaborative planning features, extensive connectivity through its agile platform, and delivering real-time insights with powerful operational planning.
Room for Improvement: IBM Planning Analytics could enhance its ease of deployment and reduce the technical expertise required. It also could benefit from more advanced cloud-based features and a more modern interface. Anaplan may improve with more flexible pricing packages, increased offline functionality, and better integration with external systems for enhanced versatility.
Ease of Deployment and Customer Service: Anaplan offers a highly adaptable deployment model with strong, personalized customer service that simplifies complex deployments, making cloud adaptation highly accessible. IBM Planning Analytics, while robust, may require more technical expertise for deployment, extending the setup time. Its customer service is substantial, but Anaplan's personalized touch gives it a slight edge.
Pricing and ROI: IBM Planning Analytics generally presents a more cost-effective setup, often achieving faster ROI due to better initial pricing. However, Anaplan tends to justify its higher investment through extensive functionality and long-term scalability, promising substantial ROI with its comprehensive planning capabilities and flexibility.
The technical support from Anaplan is amazing, with a dedicated team to assist in case of any issues.
Instead, we rely on third-party partners recognized by IBM, who provide cost-effective support.
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.
Anaplan had issues before, but the new Polaris engine solves them.
Scalability is quite hard to implement in TM1, largely since the on-premise installation chosen back in 2014.
Scalability is straightforward but it is pricey since it's a SaaS model priced per user.
A stable platform prevents loss of time during this process.
Advanced planning with AI, machine learning, and related plugins would be great to see in the future.
The abundance of features results in complexity, requiring strict guidelines for developers to ensure simplistic approaches are adhered to.
IBM's visualization needs significant improvement.
The pricing is slightly on the premium side, but I do not have detailed knowledge about the exact licensing structure.
Given the product's old architecture and interface, they need to make it more affordable.
While IBM's solutions were costly before, the introduction of SaaS models has reduced prices significantly.
Anaplan's connected planning feature is its most valuable aspect, allowing for seamless financial planning, HR planning, and updates.
It also integrates machine learning and AI engines, enabling us to use algorithms for inventory forecasting which optimizes our inventory and replenishment rates.
Its stability helps controllers win time in their planning processes.
Anaplan is a cloud-based planning and performance management platform with documented use cases in finance, sales, supply chain, marketing, IT and HR. At the core of Anaplan's technology is a single hub where business users can build, deploy, maintain, and share models without coding or reliance on IT personnel.
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Reviews from Real Users:
"Anaplan's in-memory calculation engine is super-fast compared to the old tools we previously used. You enter the data and everything shows up in one go.” - Sandeep A., Lead Analyst at a retailer
"This product has a very good modeling feature, and its graphical representation of visualizations has also been valuable.” - Raghavendra K., Lead Consultant at a tech services company
"Anaplan is a three-dimensional cloud platform that is good for analyzing data, visualization, integration, terrific for visibility.” - Anaplan model builder at a tech services company
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.
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