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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
7.1
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 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 most valuable feature is that it is able to slice and dice the data."
"Planning Analytics' best features include automatic updates and slicing."
"I like that the solution brings together a lot of data from different platforms and it's all integrated."
"It's a very stable, robust product."
"What I appreciate most about IBM Planning Analytics is that we no longer make mistakes when we do our forecast and planning."
"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."
"IBM Planning Analytics is easy to use and deploy. It is quick to develop. The calculation machine is also very fast."
"The most valuable features of IBM Planning Analytics for streamlining planning processes include a unified database where all data are centralized."
"The main strength of Jedox lies in mastering the navigation, especially the Excel add-in."
"We use the tool for performance management and planning."
"The system is quite flexible. Based on our requirements, we create different cubes that can help us to do complete planning."
"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 ease of reporting is one of Jedox's most valuable features."
"The Excel interface is designed to retrieve data from the database and send it back, which is a significant advantage."
"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."
"The ETL function simplifies many tasks."
 

Cons

"The CAFE Excel plug-in needs to be improved to handle all the features of older TM1 Perspectives plug-in for Excel."
"Given the fact that IBM Planning Analytics is quite pricey in terms of the cost for the subscription and the monthly subscription, we just did the first-tier plan where we are only allowed to have five users at a time."
"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 local authentication part is difficult to manage in the product, making it an area where improvements are required."
"The dashboard is very poor and needs a lot of improvement."
"Planning Analytics could be improved by adding automation features."
"Adding predefined templates could be beneficial."
"It is a bit expensive, but it does the job."
"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."
"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."
"I don't find it particularly user-friendly."
"There is not much training for Jedox."
"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."
"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."
"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."
 

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."
"I would rate the tool's pricing a nine out of ten since it's expensive."
"IBM Planning Analytics is priced well, and licensing costs are yearly."
"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."
"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."
"Jedox was a bit cheaper compared to Calumo."
"Excellent value for money."
"The solution's pricing is specific to your requirements."
"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
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 Business18
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.
904,748 professionals have used our research since 2012.