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IBM Planning Analytics vs Jedox comparison

 

Comparison Buyer's Guide

Executive SummaryUpdated on Dec 19, 2024

Review summaries and opinions

We asked business professionals to review the solutions they use. Here are some excerpts of what they said:
 

Categories and Ranking

IBM Planning Analytics
Ranking in Business Performance Management
4th
Average Rating
8.4
Reviews Sentiment
7.0
Number of Reviews
28
Ranking in other categories
No ranking in other categories
Jedox
Ranking in Business Performance Management
14th
Average Rating
8.0
Reviews Sentiment
6.7
Number of Reviews
13
Ranking in other categories
No ranking in other categories
 

Mindshare comparison

As of June 2026, in the Business Performance Management category, the mindshare of IBM Planning Analytics is 4.4%, down from 10.6% compared to the previous year. The mindshare of Jedox is 3.2%, down from 5.0% compared to the previous year. It is calculated based on PeerSpot user engagement data.
Business Performance Management Mindshare Distribution
ProductMindshare (%)
IBM Planning Analytics4.4%
Jedox3.2%
Other92.4%
Business Performance Management
 

Featured Reviews

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.
Riyaz Halani - PeerSpot reviewer
Financial Controller at Zalando SE
Powerful BI tool for analyzing financial performance and stable performance
I would rate the scalability of Jedox a seven out of ten. There is room for improvement in the scalability. It is a very massive tool. It's not easy to just build everything yourself. So that's where the main improvements lie—making it easy for people to not depend on just technical finance teams. There are almost 50 to 60 users using Jedox in our organization.

Quotes from Members

We asked business professionals to review the solutions they use. Here are some excerpts of what they said:
 

Pros

"For forecast, budgeting and reporting financial data, TM1 is the best tool in the market."
"Navigating through the data to make analysis is really quick."
"We cut down on manual budgeting and forecasting work, which saved us between 50 to 70% of our time."
"For most clients, they evaluate other similar software, but in general this software has more flexibility to make changes and adapt their business rules to the tool."
"Navigating through the data to make analysis is really quick."
"The most valuable features of IBM Planning Analytics for streamlining planning processes include a unified database where all data are centralized."
"I would recommend Planning Analytics to other users as it's user-friendly, accessible, and flexible."
"IBM Planning Analytics is easy to use and deploy. It is quick to develop. The calculation machine is also very fast."
"We can configure and have complete freedom while creating solutions."
"The data entry point is most valuable, and the way we can customize our report or do data entry is very good."
"The ETL itself was pretty useful and it's integrated in the tenant itself. So the Olap service technology was impressive to me. In order to extract that and load it in the tube in the same tenant or the same tool that was something magnificent because I actually missed this in SEB. SEB requires another tool, and you have to integrate all the tools together. But for Jedox, it was in the one tool."
"The data entry point is most valuable. The way we can customize our report or do data entry is very good."
"With Jedox, those kinds of pain points have been removed, and now if I create my dashboard once, people just need to add the data or pull the data, or the data just comes in on a scheduled basis from various systems, and my dashboards are ready."
"The solution is very versatile."
"We use the tool for performance management and planning."
"The ETL function simplifies many tasks."
 

Cons

"The dashboard is very poor and needs a lot of improvement."
"It's wonky, and not super user-friendly with Excel."
"The CAFE Excel plug-in needs to be improved to handle all the features of older TM1 Perspectives plug-in for Excel."
"Scalability is quite hard to implement in TM1, largely since the on-premise installation chosen back in 2014. On a scale, I'd rate scalability at four, out of ten. It's difficult."
"IBM comes out with new versions too often, and it has an impact on quality."
"Adding predefined templates could be beneficial."
"The workspace API should be improved and documented so we know better which objects are used."
"It's wonky, and not super user-friendly with Excel."
"The solution should enable a modern look and feel in the front end."
"Visualization is something they need to improve. We have already told them about this, and they should be working on it."
"Being an analytical solution, it should have more visualization options like graphs. When we are putting it, it should have more options. The UI can be made more modernized based on today's market. Sometimes, when we are doing heavy reports or dashboarding, there is a bit of a performance issue because it is pulling up a huge amount of data. That can be improvised by buffer memory and getting some buffer memory feature into it. It is a bit complex because it is a CPM solution. It helps you to get the information based on the different tools that we are using, which is a bit of a complex thing. It is not as easy as Microsoft Power BI. It is also not that easy as an implementation piece. It takes time to convert the business requirement into the proper solutions in the tool, which is time-consuming. It took about eight months to do the complete implementation. We got some training from the partner and the Jedox team, which helped us later on in pulling things forward, but too much learning is required, and too many possibilities are there."
"There is room for improvement in the scalability. It is a very massive tool. It's not easy to just build everything yourself."
"The tool has changed its pricing and it's now too expensive for small and medium organizations. I miss the open-source version which was free and we could do a lot of things with it."
"The solution needs to improve its support. The visualization in Microsoft BI is more modern and comfortable than Jedox's. I would expect something similar with the solution."
"It is also not that easy as an implementation piece. It takes time to convert the business requirement into the proper solutions in the tool, which is time-consuming."
"More emphasis is needed on the availability of the learning aspect of the solution. Because unless you take up their course that enables you to be an expert in creating the report, you must seek help."
 

Pricing and Cost Advice

"It is a bit expensive, but you get what you are paying for."
"I would rate the tool's pricing a nine out of ten since it's expensive."
"The license of this solution is paid annually. Most of my customers choose a license that includes support."
"Our licensing cost is approximately $50,000.00 per year."
"Compared with the other tools in the market, IBM Planning Analytics is a bit expensive."
"IBM Planning Analytics is priced well, and licensing costs are yearly."
"IBM Planning Analytics is not the cheapest solution, but it's priced per the market standard for this type of solution. I rate the price at seven out of ten."
"Jedox was a bit cheaper compared to Calumo."
"Excellent value for money."
"We paid a one-time fee, which included product purchase, licensing, and first-time implementation. We are paying for the maintenance regularly."
"The product’s pricing will not be suitable for setting up a small solution."
"If you are using SAP, then you will have to take an SAP Connector license. The license across the tool is paying for the people who are using it as an admin or as a normal user. They can work out those costs in a manner that can help. This can also be a point of improvement where they can work out the costing, and the developers have a specific licensing cost. The normal users, who are going to do probably data entry or just going to view the dashboard, can have a separate license cost."
"The solution's pricing is specific to your requirements."
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Top Industries

By visitors reading reviews
Financial Services Firm
14%
Manufacturing Company
11%
Retailer
9%
Insurance Company
7%
Comms Service Provider
12%
Computer Software Company
9%
Aerospace/Defense Firm
9%
Manufacturing Company
8%
 

Company Size

By reviewers
Large Enterprise
Midsize Enterprise
Small Business
By reviewers
Company SizeCount
Small Business16
Midsize Enterprise4
Large Enterprise16
By reviewers
Company SizeCount
Small Business6
Midsize Enterprise3
Large Enterprise4
 

Questions from the Community

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...
What is your primary use case for IBM Planning Analytics?
My main use case for IBM Planning Analytics is as an IT software engineer, and I typically use it day-to-day for planning analytics over the past two years. It is probably the most robust planning ...
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Also Known As

Cognos TM1, IBM Cognos TM1
Jedox EPM
 

Overview

 

Sample Customers

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
BP, Fiat, Carrefour, Continental, Allianz, Bacardi, McDonald’s, Netafim, Swiss Post, Telstra, Suzuki, Vodafone, University of Western Australia, Unilever
Find out what your peers are saying about IBM Planning Analytics vs. Jedox and other solutions. Updated: April 2026.
896,563 professionals have used our research since 2012.