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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
12th
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 March 2026, in the Business Performance Management category, the mindshare of IBM Planning Analytics is 4.4%, down from 9.0% compared to the previous year. The mindshare of Jedox is 4.1%, down from 5.1% compared to the previous year. It is calculated based on PeerSpot user engagement data.
Business Performance Management Mindshare Distribution
ProductMindshare (%)
IBM Planning Analytics4.4%
Jedox4.1%
Other91.5%
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

"IBM Planning Analytics can help us build scenarios through a sandbox environment, allowing us to test multiple variables and assess their impact on our budget and planning."
"Navigating through the data to make analysis is really quick."
"The scenario modeling capabilities are frequently used to create different scenarios, compare them, and see which action leads to which result."
"IBM Planning Analytics is essential for creating a clear budget for our organization so that we can reach our future goals without significant loss."
"The product's stability is good."
"IBM Planning Analytics has positively impacted my organization since we started using this tool."
"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."
"This level of stability is crucial for a product like Cognos TM1, as using an unstable platform would result in loss of time."
"The EPM is the most valuable feature."
"The solution is very versatile."
"The ETL function simplifies many tasks."
"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 Excel interface is designed to retrieve data from the database and send it back, which is a significant advantage."
"The customer porting is the most valuable feature."
"The data entry point is most valuable. The way we can customize our report or do data entry is very good."
 

Cons

"It's wonky, and not super user-friendly with Excel."
"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."
"The tool should include features for prediction. It can also improve the scalability."
"It is a bit expensive, but it does the job."
"If we talk only about the TM1 engine, it's quite rich and possibly too rich, making it complex to perform simple tasks."
"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 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."
"Adding predefined templates could be beneficial."
"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."
"I don't find it particularly user-friendly."
"Online pixel-perfect reporting is an aspect that has room for improvement."
"The solution should enable a modern look and feel in the front end."
"There is not much training for Jedox."
"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."
"Visualization is something they need to improve. We have already told them about this, and they should be working on it."
"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

"The license of this solution is paid annually. Most of my customers choose a license that includes support."
"Compared with the other tools in the market, IBM Planning Analytics is a bit expensive."
"Our licensing cost is approximately $50,000.00 per year."
"IBM Planning Analytics is priced well, and licensing costs are yearly."
"I would rate the tool's pricing a nine out of ten since it's 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."
"It is a bit expensive, but you get what you are paying for."
"Jedox was a bit cheaper compared to Calumo."
"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."
"The product’s pricing will not be suitable for setting up a small solution."
"We paid a one-time fee, which included product purchase, licensing, and first-time implementation. We are paying for the maintenance regularly."
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Top Industries

By visitors reading reviews
Financial Services Firm
16%
Manufacturing Company
10%
Retailer
9%
Insurance Company
6%
Comms Service Provider
11%
Computer Software Company
10%
Manufacturing Company
9%
Aerospace/Defense Firm
9%
 

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...
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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: March 2026.
884,266 professionals have used our research since 2012.