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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

"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, with design flexibility using data rules and defining calculations, the ability to combine online and offline calculations, and very good forecasting features and predictive analytics."
"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"
"The product's stability is good."
"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."
"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."
"It is a great tool."
"The system is quite flexible. Based on our requirements, we create different cubes that can help us to do complete planning."
"The ease of reporting is one of Jedox's most valuable features."
"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."
"We can configure and have complete freedom while creating solutions."
"The EPM is the most valuable feature."
"The ETL function simplifies many tasks."
"We use the tool for performance management and planning."
"The Excel interface is designed to retrieve data from the database and send it back, which is a significant advantage."
 

Cons

"Extracting data is a little slow."
"It would have been better if the solution was not just a tool kit."
"Data visualization and development interface are areas which need to be worked on."
"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."
"IBM Planning Analytics has had a competitive disadvantage in the last 10 years. The maintenance and renewals have become much more expensive."
"Adding predefined templates could be beneficial."
"The local authentication part is difficult to manage in the product, making it an area where improvements are required."
"IBM Planning Analytics could be improved by simplifying the learning curve, as it requires a lot of time to learn and master it."
"From a development perspective, there's room for improvement in the area called the designer, where you actually build your reports to make it easier to manage the process."
"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."
"There is room for improvement in the scalability. It is a very massive tool. It's not easy to just build everything yourself."
"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."
"I don't find it particularly user-friendly."
"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."
"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 not much training for Jedox."
 

Pricing and Cost Advice

"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."
"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."
"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."
"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."
"The solution's pricing is specific to your requirements."
"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."
"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 product’s pricing will not be suitable for setting up a small solution."
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Top Industries

By visitors reading reviews
Financial Services Firm
14%
Manufacturing Company
10%
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.
896,202 professionals have used our research since 2012.