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Domo vs IBM Planning Analytics comparison

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7,629 views|5,217 comparisons
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4,503 views|2,761 comparisons
Comparison Buyer's Guide
Executive Summary

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

Find out in this report how the two Business Performance Management solutions compare in terms of features, pricing, service and support, easy of deployment, and ROI.

To learn more, read our detailed Domo vs. IBM Planning Analytics report (Updated: September 2022).
634,590 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
"The dashboard is the most valuable feature and allows for customization to create and share reports.""The dashboarding itself was pretty easy. So both the front and the back end were positive in this case.""In general, Domo is very powerful and very easy to use, relatively speaking.""The best feature of Domo is that it's completely on the cloud. I also like that you can handle data end-to-end without having to depend on multiple tools. Another specific feature I like the most about Domo is Magic ETL because, through it, you can do all your expression, transformation, and loading activities very smoothly. The tool also follows the lineage concept, so you can understand what kind of transformations took place on a particular data set. You can find end-to-end data from the source until it has become the final output or the final data set. Whatever happened to a particular data set, you can understand it through the Domo lineage, and that isn't possible in most of the tools available in the market, but in Domo, that's available. The tool is also solid and because it's on the cloud, it uses multiple data engineering in the backend and multiple algorithms in the back, behind the scenes, resulting in a great performance. For example, if an end user such as the CEO or COO opens a report or the dashboard and it takes more than ten seconds, the end user won't be interested in looking at that report or dashboard, but Domo enables better performance and there's usually no performance issues from that tool.""In Workbench 5, they have come up with a very useful feature called Upsert. When you're pushing data into the data set, if the data is already available it will update the data, and if that the data is not there it will insert it. That is a beneficial feature that they introduced in the latest version."

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"Navigating through the data to make analysis is really quick.""All the different platforms are well integrated.""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.""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 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."

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Cons
"There's a learning curve before you can get used to the solution.""Domo or any other BI tool has room for improvement, in particular, in the calculations. User-guided material isn't available for calculations. The tool, though user-friendly, could also be more customizable, especially when you're building a dashboard. Data integration could also be improved in Domo because even if the tool connects to multiple data sources, some hiccups still arise and need to be addressed.""I would like to see better data intake.""When you're exporting a graph out of Domo — suppose it is in the form of a donut chart or it is in form of a stack — the data comes out in tabular format, not as a graph. When exporting the data, I would like them to create a tab for graphs and another tab with the data in tabular format.""There were very few cases on some of the tables, the data tables, where I wish there was an additional feature or two."

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"It would have been better if the solution was not just a tool kit.""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.""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.""It is a bit expensive, but it does the job.""Extracting data is a little slow."

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Pricing and Cost Advice
  • "It started out at about $600 a seat. However, then as we started to grow, it scaled that down to about $330 or 3$50 a seat, if I'm not mistaken."
  • "Domo has more than one licensing model. You can choose between the yearly subscription and the per-user licensing model. The tool is flexible in terms of licensing. As for the cost, Domo is an end-to-end BI tool so its pricing is a little higher than other players in the market, for example, non end-to-end BI tools such as OBIEE and Tableau specific only for business intelligence and presenting data to the end users, unlike Domo which handles everything. You want to get Domo as an integration tool, an ETL tool, etc. As the tool is end-to-end, its cost is always going to be a little higher than other BI tools, but it's worth paying because you won't have to spend extra for other activities. After all, Domo can do those activities."
  • "I think it is reasonable."
  • More Domo Pricing and Cost Advice →

  • "The license of this solution is paid annually. Most of my customers choose a license that includes support."
  • "It is a bit expensive, but you get what you are paying for."
  • More IBM Planning Analytics Pricing and Cost Advice →

    report
    Use our free recommendation engine to learn which Business Performance Management solutions are best for your needs.
    634,590 professionals have used our research since 2012.
    Questions from the Community
    Top Answer:I have run multiple PMO's from a Domo dashboard by importing data from Smartsheet.  One at a Fortune 150 company and another at a startup.  Data types include budgets, projects, project metrics… more »
    Top Answer:The best feature of Domo is that it's completely on the cloud. I also like that you can handle data end-to-end without having to depend on multiple tools. Another specific feature I like the most… more »
    Top Answer:Domo has more than one licensing model. You can choose between the yearly subscription and the per-user licensing model. The tool is flexible in terms of licensing. As for the cost, Domo is an… more »
    Top Answer: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… more »
    Top Answer:It is a bit expensive, but you get what you are paying for.
    Top Answer:It is a bit expensive, but it does the job.
    Ranking
    Views
    7,629
    Comparisons
    5,217
    Reviews
    5
    Average Words per Review
    1,117
    Rating
    7.8
    Views
    4,503
    Comparisons
    2,761
    Reviews
    5
    Average Words per Review
    380
    Rating
    8.4
    Comparisons
    Also Known As
    corda
    Cognos TM1, IBM Cognos TM1
    Learn More
    Overview

    Domo is a cloud-based, mobile-first BI platform that helps companies drive more value from their data by helping organizations better integrate, interpret and use data to drive timely decision making and action across the business. The Domo platform enhances existing data warehouse and BI tools and allows users to build custom apps, automate data pipelines, and make data science accessible for anyone through automated insights that can be shared with internal or external stakeholders.

    Find more information on The Business Cloud Here.

    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.

    Offer
    Learn more about Domo
    Learn more about IBM Planning Analytics
    Sample Customers
    Capco, SABMiller, Stance, eBay, Sage North America, Goodwill Industries of Central Indiana, Telus, The Cliffs, OGIO International Inc., and many more!
    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
    Top Industries
    REVIEWERS
    Retailer15%
    Media Company10%
    Financial Services Firm10%
    Energy/Utilities Company10%
    VISITORS READING REVIEWS
    Computer Software Company20%
    Comms Service Provider8%
    Manufacturing Company7%
    Financial Services Firm7%
    VISITORS READING REVIEWS
    Computer Software Company17%
    Comms Service Provider12%
    Financial Services Firm10%
    Manufacturing Company6%
    Company Size
    REVIEWERS
    Small Business35%
    Midsize Enterprise29%
    Large Enterprise35%
    VISITORS READING REVIEWS
    Small Business25%
    Midsize Enterprise13%
    Large Enterprise63%
    REVIEWERS
    Small Business56%
    Midsize Enterprise17%
    Large Enterprise28%
    VISITORS READING REVIEWS
    Small Business19%
    Midsize Enterprise11%
    Large Enterprise70%
    Buyer's Guide
    Domo vs. IBM Planning Analytics
    September 2022
    Find out what your peers are saying about Domo vs. IBM Planning Analytics and other solutions. Updated: September 2022.
    634,590 professionals have used our research since 2012.

    Domo is ranked 3rd in Business Performance Management with 5 reviews while IBM Planning Analytics is ranked 4th in Business Performance Management with 5 reviews. Domo is rated 7.8, while IBM Planning Analytics is rated 8.4. The top reviewer of Domo writes "Robust, powerful, and easy to use". On the other hand, the top reviewer of IBM Planning Analytics writes "High-performing, helps clients save time in budget processes ". Domo is most compared with Tableau, Microsoft BI, Alteryx, Qlik Sense and Databricks, whereas IBM Planning Analytics is most compared with Microsoft BI, SAP Analytics Cloud, Jedox, Oracle Hyperion and IBM Cognos. See our Domo vs. IBM Planning Analytics report.

    See our list of best Business Performance Management vendors.

    We monitor all Business Performance Management 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.