Anaplan vs RapidMiner comparison

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Anaplan Logo
857 views|362 comparisons
95% willing to recommend
RapidMiner Logo
1,384 views|1,098 comparisons
95% willing to recommend
Comparison Buyer's Guide
Executive Summary

We performed a comparison between Anaplan and RapidMiner based on real PeerSpot user reviews.

Find out in this report how the two Predictive Analytics solutions compare in terms of features, pricing, service and support, easy of deployment, and ROI.
To learn more, read our detailed Anaplan vs. RapidMiner Report (Updated: March 2024).
768,924 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
"Anaplan's strongest feature is that its GUI is very modern and user-friendly.""Where we're seeing the opportunity in the market is at the Fortune 100 companies that have far more complex modeling type scenarios where you need to be able to have a lot of people collaborating together, and you need a lot of information all at everyone's fingertips. This is where you see the big advantage of a solution like Anaplan.""The most valuable feature of Anaplan is machine learning. The solution is constantly evolving from feedback. Additionally, there is a wide range of training material online.""The best thing is that it's very intuitive and user-friendly. You don't need coding skills to manipulate the platform.""The features that I have found most valuable are that it is web-based and easy to use.""Anaplan's most valuable features are that it's a no-coding platform, everything can be scaled to your other functions, and it's easy to learn and use (especially because Anaplan provides excellent interactive training).""It's simple to use with a lot of functions.""I believe Anaplan is a new cloud tool, and from time to time, there's a lot of improvement that the Anaplan company deploys with the system. So, with that improvement, we need to really adapt and know the new system trends."

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"The solution is stable.""I like not having to write all solutions from code. Being able to drag and drop controls, enables me to focus on building the best model, without needing to search for syntax errors or extra libraries.""It is easy to use and has a huge community that I can rely on for help. Moreover, it is interactive.""I've been using a lot of components from the Strategic Extension and Python Extension.""The documentation for this solution is very good, where each operator is explained with how to use it.""The most valuable feature of RapidMiner is that it can read a large number of file formats including CSV, Excel, and in particular, SPSS.""The most valuable feature of RapidMiner is that it is code free. It is similar to playing with Lego pieces and executing after you are finished to see the results. Additionally, it is easy to use and has interesting utilities when preparing the data. It has a utility to automatically launch a series of models and show the comparisons. When finished with the comparisons you can select the best one, and deploy it automatically.""RapidMiner is very easy to use."

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Cons
"Anaplan's workflow component is probably the biggest area for improvement. I'd also like to see Anaplan add an ad hoc reporting tool that allows users to query things. It's going to factor into how you design your data set and your models, but I'd like the ability to create ad hoc queries against the data that's in there.""It would be nice if the solution offered better extensions.""The solution could improve by better dashboards and while entering the form loss and project implementation the ability to use graphical shapes more effectively.""Anaplan should come up with flexible options to connect to a data warehouse rather than an Anaplan hub.""Anaplan is a relatively expensive piece of software.""The visualization tools in the product are limited in comparison to other reporting tools.""The negative is that the higher the flexibility, the higher is the complexity. That can act against you as a negative because it does require a model builder or a coder/developer.""When there is a lot of data, it sometimes takes long to load."

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"A great product but confusing in some way with regard to the user interface and integration with other tools.""I think that they should make deep learning models easier.""RapidMiner would be improved with the inclusion of more machine learning algorithms for generating time-series forecasting models.""In terms of the UI and SaaS, the user interface with KNIME is more appealing than RapidMiner.""If they could include video tutorials, people would find that quite helpful.""The biggest problem, not from a platform process, but from an avoidance process, is when you work in a heavily regulated environment, like banking and finance. Whenever you make a decision or there is an output, you need to bill it as an avoidance to the investigator or to the bank audit team. If you made decisions within this machine learning model, you need to explain why you did so. It would better if you could explain your decision in terms of delivery. However, this is an issue with all ML platforms. Many companies are working heavily in this area to help figure out how to make it more explainable to the business team or the regulator.""RapidMiner isn't cheap. It's a complete solution, but it's costly.""I would like to see all users have access to all of the deep learning models, and that they can be used easily."

More RapidMiner Cons →

Pricing and Cost Advice
  • "We are currently using a free workspace license for 90 days. We are satisfied with the price of the solution. There are additional costs if you want more storage, the default limit is 250 GB."
  • "The entry-level is anywhere from about $30,000 to $50,000 a year, however, it does go up significantly after that depending on the complexity and how much space you're using."
  • "This is a yearly subscription. So a customer initially buys a workspace and specifies how much GB they want. The minimum starts at around 30 GB. You can buy multiple workspaces."
  • "The license is a yearly subscription. There are three licensing tiers: the model builder, planner, and the reporting."
  • "This is an expensive product and if the price were reduced then it would attract more customers."
  • "The cost of Anaplan is a challenge for clients, especially if they don't have an ongoing long-term use case for it. It's a $50,000 licensing fee just to get started. Clients need a strong business case to switch from Excel to Anaplan. But if clients have used something similar in the past, such as Hyperion or other solutions, that's not a factor because they know what to expect."
  • "Anaplan is a bit pricier compared to its competitors - the license costs about $4,000 per user annually."
  • "A value-for-money product and a very reasonable price compared to competitors like SAP or IBM."
  • More Anaplan Pricing and Cost Advice →

  • "I used an educational license for this solution, which is available free of charge."
  • "Although we don't pay licensing fees because it is being used within the university, my understanding is that the cost is between $5,000 and $10,000 USD per year."
  • "The client only has to pay the licensing costs. There are not any maintenance or hidden costs in addition to the license."
  • "For the university, the cost of the solution is free for the students and teachers."
  • More RapidMiner Pricing and Cost Advice →

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    Questions from the Community
    Top Answer:Anaplan is an industry-leading cloud-based corporate performance management (CPM) platform that combines business planning and analytics in a single solution. It is designed to assist organizations of… more »
    Top Answer:We've had several FP&A departments include Anaplan in their analytics discussions, and while BI information IS generated, the focus is generally on compiling input from various sources and… more »
    Top Answer:There are different aspects of both Anaplan and SAP ERP that I like and dislike. Anaplan improves forecast accuracy and drives up the quality of analytics. Rather than spending all of their time… more »
    Top Answer:What I like about RapidMiner is its all-in-one nature, which allows me to prepare, extract, transform, and load data within the same tool.
    Top Answer:I would appreciate improvements in automation and customization options to further streamline processes. Additionally, it can be challenging to structure formulas and access certain metrics, requiring… more »
    Ranking
    4th
    Views
    857
    Comparisons
    362
    Reviews
    6
    Average Words per Review
    357
    Rating
    7.8
    2nd
    Views
    1,384
    Comparisons
    1,098
    Reviews
    5
    Average Words per Review
    346
    Rating
    8.2
    Comparisons
    SAP ERP logo
    Compared 32% of the time.
    Oracle Hyperion logo
    Compared 8% of the time.
    SAP S/4HANA logo
    Compared 8% of the time.
    IBM Planning Analytics logo
    Compared 7% of the time.
    SAP Analytics Cloud logo
    Compared 6% of the time.
    Learn More
    Overview

    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.

    With Anaplan You Can:

    • Accelerate revenue growth
    • Convert data into market opportunity
    • Drive higher sales performance
    • Gain market share
    • Improve customer satisfaction
    • See edge-to-edge across your company
    • Achieve business and technology goals
    • Become agile and resilient with continuous models and forecasts

    The Anaplan Platform Is:

    • Flexible
    • Scalable
    • Collaborative
    • Secure
    • Multi-dimensional
    • Built to help businesses think ahead and rapidly adapt to change

    Anaplan Benefits:

    • Illuminate blind spots and hidden opportunities.
    • Easily create a shareable, living representation of how your business actually works.
    • Dynamic planning allows you to continuously adapt to market changes and other changing circumstances effectively.
    • Information is always readily available and can be easily shared with all teams across your enterprise.
    • Anaplan provides intelligent decision-making. The platform gives you all the information you need to make business decisions and also gives you the ability to run several “what if” scenarios to determine which decision is best based on a large range of variables - at record speed, instead of it taking days or weeks to complete.
    • By using Anaplan, you can adapt to changes very quickly. You can consider all of the possible options before responding in real time.
    • Anaplan can be used remotely from wherever you are.
    • Anaplan will help your organization stay focused and on target. You can stay in control with the ability to run scenario calculations quickly and use the information to make adjustments as needed.
    • Anaplan provides accurate, real-time data so you don’t have to worry about the risk of bad data. In turn, this boosts shareholder confidence because Anaplan’s platform mitigates the risks associated with incorrect data.
    • Anaplan’s Connected Planning helps you meet regulatory requirements. All the relevant business data is held in one place, therefore making adjustments easier to implement quickly. With Connected Planning, results also have a full audit trail.

    Anaplan Features:

    • Hyperscale computing: Anaplan eliminates the “messy middle” caused by out-of-date, siloed signals.
    • Integrated and dynamic signal set: This feature incorporates internal and external factors, relationships, and market context across functions which can all be seamlessly integrated.
    • Responsive unified system: Anaplan’s high-fidelity, responsive, and unified system for execution and accountability is reliable, accurate, and traceable.
    • Real-time insights: Detect signals hidden in your systems and gain insight into every asset, resource, risk, and change to help provide decision clarity.
    • Unlimited multi-dimensional scenarios: Anaplan helps your organization run unlimited multi-dimensional scenarios to identify ideal plans of action.
    • Synchronization: Using Anaplan, you can synchronize execution and readiness. Anaplan enables autonomous and coordinated in-market action by connecting headquarters to your most remote outposts.

    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

    RapidMiner's unified data science platform accelerates the building of complete analytical workflows - from data prep to machine learning to model validation to deployment - in a single environment, improving efficiency and shortening the time to value for data science projects.

    Sample Customers
    HP, ForeScout, DocuSign, EAT, Pandora, Aviva, Intel Security, Zalora
    PayPal, Deloitte, eBay, Cisco, Miele, Volkswagen
    Top Industries
    VISITORS READING REVIEWS
    Educational Organization25%
    Computer Software Company11%
    Financial Services Firm8%
    Manufacturing Company8%
    REVIEWERS
    University46%
    Energy/Utilities Company8%
    Educational Organization8%
    Engineering Company8%
    VISITORS READING REVIEWS
    University11%
    Computer Software Company10%
    Educational Organization10%
    Manufacturing Company9%
    Company Size
    REVIEWERS
    Small Business43%
    Midsize Enterprise14%
    Large Enterprise43%
    VISITORS READING REVIEWS
    Small Business18%
    Midsize Enterprise31%
    Large Enterprise52%
    REVIEWERS
    Small Business50%
    Midsize Enterprise20%
    Large Enterprise30%
    VISITORS READING REVIEWS
    Small Business20%
    Midsize Enterprise14%
    Large Enterprise67%
    Buyer's Guide
    Anaplan vs. RapidMiner
    March 2024
    Find out what your peers are saying about Anaplan vs. RapidMiner and other solutions. Updated: March 2024.
    768,924 professionals have used our research since 2012.

    Anaplan is ranked 4th in Predictive Analytics with 24 reviews while RapidMiner is ranked 2nd in Predictive Analytics with 19 reviews. Anaplan is rated 8.0, while RapidMiner is rated 8.6. The top reviewer of Anaplan writes "Great for large-scale modelling, easy to learn, and very stable". On the other hand, the top reviewer of RapidMiner writes "Offers good tutorials that make it easy to learn and use, with a powerful feature to compare machine learning algorithms". Anaplan is most compared with SAP ERP, Oracle Hyperion, SAP S/4HANA, IBM Planning Analytics and SAP Analytics Cloud, whereas RapidMiner is most compared with KNIME, Alteryx, Dataiku Data Science Studio, Tableau and Microsoft Azure Machine Learning Studio. See our Anaplan vs. RapidMiner report.

    See our list of best Predictive Analytics vendors.

    We monitor all Predictive Analytics 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.