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IBM Planning Analytics vs Jedox comparison

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3,848 views|2,484 comparisons
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2,266 views|1,864 comparisons
Featured Review
Buyer's Guide
IBM Planning Analytics vs. Jedox
July 2022
Find out what your peers are saying about IBM Planning Analytics vs. Jedox and other solutions. Updated: July 2022.
610,229 professionals have used our research since 2012.
Quotes From Members
We asked business professionals to review the solutions they use.
Here are some excerpts of what they said:
Pros
"All the different platforms are well integrated.""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""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 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.""Navigating through the data to make analysis is really quick.""The most valuable feature is that it is able to slice and dice the data."

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"The data entry point is most valuable. The way we can customize our report or do data entry is very good.""The system is quite flexible. Based on our requirements, we create different cubes that can help us to do complete planning."

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

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"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."

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Pricing and Cost Advice
  • "Our licensing cost is approximately $50,000.00 per year."
  • "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."
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  • "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."
  • More Jedox Pricing and Cost Advice →

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    Questions from the Community
    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.
    Top Answer:The data entry point is most valuable. The way we can customize our report or do data entry is very good.
    Top Answer:We paid a one-time fee, which included product purchase, licensing, and first-time implementation. We are paying for the maintenance regularly.
    Top Answer:Visualization is something they need to improve. We have already told them about this, and they should be working on it. There should be some dropdown facilities in it like Excel. Whenever somebody… more »
    Ranking
    Views
    3,848
    Comparisons
    2,484
    Reviews
    6
    Average Words per Review
    371
    Rating
    7.7
    Views
    2,266
    Comparisons
    1,864
    Reviews
    2
    Average Words per Review
    808
    Rating
    7.0
    Comparisons
    Also Known As
    Cognos TM1, IBM Cognos TM1
    Jedox EPM
    Learn More
    Overview

    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.

    Integrated Corporate Performance Management software provides reliable data, insights, and guidance to everyone in your company. Jedox delivers it all: Self-service budgeting, planning, and forecasting combined with intuitive analytics and BI dashboards in one integrated software platform. Users across the enterprise in any department from Finance to Sales, HR, and Procurement create integrated plans and reports based on the same data model and business logic. Integrate financial planning and analysis with operational plans and reporting to optimize processes, boost data quality, and slash planning cycles throughout the organization.

    Offer
    Learn more about IBM Planning Analytics
    Learn more about Jedox
    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
    Top Industries
    VISITORS READING REVIEWS
    Computer Software Company23%
    Comms Service Provider15%
    Financial Services Firm7%
    Manufacturing Company6%
    VISITORS READING REVIEWS
    Computer Software Company30%
    Comms Service Provider18%
    Government7%
    Manufacturing Company5%
    Company Size
    REVIEWERS
    Small Business56%
    Midsize Enterprise19%
    Large Enterprise25%
    VISITORS READING REVIEWS
    Small Business19%
    Midsize Enterprise13%
    Large Enterprise68%
    VISITORS READING REVIEWS
    Small Business19%
    Midsize Enterprise11%
    Large Enterprise69%
    Buyer's Guide
    IBM Planning Analytics vs. Jedox
    July 2022
    Find out what your peers are saying about IBM Planning Analytics vs. Jedox and other solutions. Updated: July 2022.
    610,229 professionals have used our research since 2012.

    IBM Planning Analytics is ranked 4th in Business Performance Management with 6 reviews while Jedox is ranked 7th in Business Performance Management with 2 reviews. IBM Planning Analytics is rated 7.6, while Jedox is rated 7.0. The top reviewer of IBM Planning Analytics writes "High-performing, helps clients save time in budget processes ". On the other hand, the top reviewer of Jedox writes "A flexible solution that helps us to do our planning and see the performance, but it needs more visualization options and better performance". IBM Planning Analytics is most compared with SAP Analytics Cloud, Microsoft BI, Oracle Hyperion, Tableau and IBM Cognos, whereas Jedox is most compared with Microsoft BI, Tableau, Anaplan, Qlik Sense and Board. See our IBM Planning Analytics vs. Jedox 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.