Board and IBM Planning Analytics are products in the business performance management field. IBM Planning Analytics generally holds an advantage due to its comprehensive features and deep analytics.
Features: Board offers intuitive drag-and-drop functionality, allowing complex planning and forecasting tasks with seamless integration. Its interface is customizable to fit unique user needs without extensive IT involvement. It supports dynamic data integration for multidimensional analyses. IBM Planning Analytics provides robust analytics, using integration with Cognos TM1 for advanced scenario modeling. Its in-memory processing supports real-time calculations and diverse analytical interfaces.
Room for Improvement: Board could enhance its automation capabilities and expand the range of prebuilt templates to reduce implementation time. It may benefit from expanding training materials for non-technical users. Additionally, better integration with third-party applications could improve versatility. IBM Planning Analytics would improve with a more user-friendly setup process, reducing initial complexity. Enhancing visualization tools and expanding mobile functionality could broaden its appeal. More straightforward licensing options might also attract new users.
Ease of Deployment and Customer Service: Board offers streamlined deployment with a focus on ease of integration, plus dedicated support for onboarding and troubleshooting. IBM Planning Analytics has a more substantial setup process due to its comprehensive features. It provides extensive support resources from IBM, ensuring detailed assistance throughout deployment and usage phases.
Pricing and ROI: Board is cost-effective with competitive setup costs, appealing to companies seeking quick savings and ROI. IBM Planning Analytics has higher initial costs but justifies its price through enhanced capabilities, potentially delivering superior long-term ROI for businesses requiring advanced planning solutions.
It's hard for me to gauge the monetary benefits, but the time saved in budgeting and forecasting processes indicates a definite bonus.
I have seen a return on investment, as the accuracy has really improved in my organization since everything is automated.
As long as I go through my account manager, I receive very good support.
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.
They have been very dedicated and provided top-notch solutions.
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.
Scalability is straightforward but it is pricey since it's a SaaS model priced per user.
Scalability is quite hard to implement in TM1, largely since the on-premise installation chosen back in 2014.
Board's stability is excellent, with uptime around ninety-nine point nine percent, and I have not experienced any issues.
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.
A stable platform prevents loss of time during this process.
IBM Planning Analytics is very stable.
If the design isn't right, the flexibility of Board can negatively impact performance.
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.
IBM's visualization needs significant improvement.
The abundance of features results in complexity, requiring strict guidelines for developers to ensure simplistic approaches are adhered to.
While IBM's solutions were costly before, the introduction of SaaS models has reduced prices significantly.
TM1 is quite expensive, and I'd rate the pricing as an eight out of ten.
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.
Our budgeting and forecasting processes support around three hundred twenty users who would otherwise rely on Excel, making Board invaluable for saving time.
Its stability helps controllers win time in their planning processes.
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.
It also integrates machine learning and AI engines, enabling us to use algorithms for inventory forecasting which optimizes our inventory and replenishment rates.
| Product | Market Share (%) |
|---|---|
| IBM Planning Analytics | 4.5% |
| Board | 4.9% |
| Other | 90.6% |
| Company Size | Count |
|---|---|
| Small Business | 13 |
| Midsize Enterprise | 12 |
| Large Enterprise | 8 |
| Company Size | Count |
|---|---|
| Small Business | 16 |
| Midsize Enterprise | 4 |
| Large Enterprise | 14 |
BOARD International - headquartered in Switzerland - is a leading global provider of software for improving business results through better decision making. By unifying Business Intelligence and Corporate Performance Management into a single product, BOARD enables companies to achieve a shared vision of their performance across the entire organization, and thus a single version of the truth.
BOARD provides seamless solutions for • Reporting & Analysis • Budgeting, Planning & Forecasting • Profitability Modelling & Optimization • Simulation & What-if-Analysis • Scorecarding & Strategy Management • Financial Consolidation. Based on visual modelling, BOARD has enabled global companies to deploy BI and CPM applications without a single line of code in a fraction of the time and cost associated with traditional solutions.
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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