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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
27
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 July 2026, in the Business Performance Management category, the mindshare of IBM Planning Analytics is 4.2%, down from 10.1% compared to the previous year. The mindshare of Jedox is 3.2%, down from 4.9% compared to the previous year. It is calculated based on PeerSpot user engagement data.
Business Performance Management Mindshare Distribution
ProductMindshare (%)
IBM Planning Analytics4.2%
Jedox3.2%
Other92.6%
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.
AG
Manager, Finance and Business Intelligence at NIDA Theatres
The solution provides dynamic reports while being easy to use
There is not much training for Jedox. There was no training available in the beginning at all. I had to reach out to them so they would give us something. I think they're getting better, though. The other issue is the dependence on the partner network. We used to deal directly with Jedox, but now it is all through partners, and Jedox's representatives are not in the picture anymore. It's not that partners are not doing a good job, but you're not dealing with the company directly since it's a partner most of the time. If you build your know-how within the company, it's good. Otherwise, the dependence on partners could end up being more costly. Suppose you do your development or don't need to develop constantly by starting with a sprint, deciding what you want to do, and setting up the cubes, databases, and everything correctly. In that case, you only need to develop different reports using the same data. However, it could be costly if you constantly need to develop reports or different cubes and store different systems without the in-house know-how.

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."
"This product is entirely designable and flexible, you can answer to very complex requirements."
"The tool is flexible."
"The most valuable features of IBM Planning Analytics for streamlining planning processes include a unified database where all data are centralized."
"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."
"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."
"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."
"Its stability helps controllers win time in their planning processes."
"The system is quite flexible. Based on our requirements, we create different cubes that can help us to do complete planning."
"The solution is very versatile."
"The Excel interface is designed to retrieve data from the database and send it back, which is a significant advantage."
"The ease of reporting is one of Jedox's most valuable features."
"The main strength of Jedox lies in mastering the navigation, especially the Excel add-in."
"We can configure and have complete freedom while creating solutions."
"We use the tool for performance management and planning."
"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."
 

Cons

"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."
"IBM Planning Analytics could be improved by avoiding frequent upgrades and planning a few limited upgrades throughout the year, so that bugs are not introduced and can be reduced."
"Data visualization and development interface are areas which need to be worked on."
"Extracting data is a little slow."
"The CAFE Excel plug-in needs to be improved to handle all the features of older TM1 Perspectives plug-in for Excel."
"Adding predefined templates could be beneficial."
"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."
"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 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."
"Online pixel-perfect reporting is an aspect that has room for improvement."
"Visualization is something they need to improve. There should be some dropdown facilities in it like Excel."
"There is not much training for Jedox."
"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."
"I think it's the design of the report because the design and the UI for the report is standard and lame. When you see a Jedox report, it doesn't seem like it's from today, because the technology is something from the last decade. The scalability needs improvement."
"There is room for improvement in the scalability. It is a very massive tool. It's not easy to just build everything yourself."
 

Pricing and Cost Advice

"IBM Planning Analytics is priced well, and licensing costs are yearly."
"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."
"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."
"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."
"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."
"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."
"Excellent value for money."
report
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Top Industries

By visitors reading reviews
Financial Services Firm
14%
Retailer
10%
Manufacturing Company
10%
Insurance Company
6%
Comms Service Provider
13%
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 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: June 2026.
904,054 professionals have used our research since 2012.