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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 May 2026, in the Business Performance Management category, the mindshare of IBM Planning Analytics is 4.4%, down from 10.9% compared to the previous year. The mindshare of Jedox is 3.5%, 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%
Jedox3.5%
Other92.1%
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

"The scenario modeling capabilities are frequently used to create different scenarios, compare them, and see which action leads to which result."
"Some of our customers previously used Excel spreadsheets for budget planning, and the process took more than two months, however, after switching to Planning Analytics, they could do it in a week."
"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."
"The product's stability is good."
"It provides all the required functionalities for Financial Performance Management, such as planning, budgeting, forecasting, consolidation and dimensional reporting and analysis."
"IBM Planning Analytics is easy to use and deploy. It is quick to develop. The calculation machine is also very fast."
"IBM Planning Analytics is essential for creating a clear budget for our organization so that we can reach our future goals without significant loss."
"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."
"The solution is quick with analysis and calculation. The tool offers high digitalization which helps us to run the controlling department with less number of people. If the software wasn't there, I would need two to three people extra to run the department."
"The system is quite flexible. Based on our requirements, we create different cubes that can help us to do complete planning."
"The EPM is the most valuable feature."
"The data entry point is most valuable, and the way we can customize our report or do data entry is very good."
"The ETL function simplifies many tasks."
"We can configure and have complete freedom while creating solutions."
"The customer porting is the most valuable feature."
"The ease of reporting is one of Jedox's most valuable features."
 

Cons

"The CAFE Excel plug-in needs to be improved to handle all the features of older TM1 Perspectives plug-in for Excel."
"Data visualization and development interface are areas which need to be worked on."
"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 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."
"IBM Planning Analytics does not work offline, which makes it difficult for me and my team to work or gather required data when we do not have an internet connection."
"It is a bit expensive, but it does the job."
"IBM is behind competitors like Tableau and Power BI in terms of visualization. Their visuals are less innovative and practical with fewer varieties."
"There is not much training for Jedox."
"Online pixel-perfect reporting is an aspect that has room for improvement."
"Visualization is something they need to improve. We have already told them about this, and they should be working on it."
"Visualization is something they need to improve. There should be some dropdown facilities in it like Excel."
"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."
"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."
"The solution should enable a modern look and feel in the front end."
"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."
 

Pricing and Cost Advice

"IBM Planning Analytics is priced well, and licensing costs are yearly."
"Our licensing cost is approximately $50,000.00 per year."
"I would rate the tool's pricing a nine out of ten since it's expensive."
"It is a bit expensive, but you get what you are paying for."
"Compared with the other tools in the market, IBM Planning Analytics is a bit expensive."
"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."
"The license of this solution is paid annually. Most of my customers choose a license that includes support."
"Excellent value for money."
"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."
"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."
"The solution's pricing is specific to your requirements."
"Jedox was a bit cheaper compared to Calumo."
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Top Industries

By visitors reading reviews
Financial Services Firm
15%
Manufacturing Company
10%
Retailer
9%
Insurance Company
6%
Comms Service Provider
12%
Computer Software Company
10%
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 Enterprise15
By reviewers
Company SizeCount
Small Business6
Midsize Enterprise3
Large Enterprise4
 

Questions from the Community

What do you like most about IBM Planning Analytics?
The most valuable features of IBM Planning Analytics for streamlining planning processes include a unified database where all data are centralized.
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...
Ask a question
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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.
893,244 professionals have used our research since 2012.