IBM Planning Analytics vs Jedox comparison

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IBM Planning Analytics

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Executive SummaryUpdated on Dec 19, 2024

IBM Planning Analytics and Jedox are leading analytics platforms competing in the business planning sector. IBM Planning Analytics holds an advantage in data integration and scalability, whereas Jedox excels with user-friendly customization options.

Features: IBM Planning Analytics offers advanced forecasting and predictive analytics, a unified database for streamlined planning, and a sandboxing feature for in-depth analysis. Jedox provides flexible modeling, dynamic and intuitive report creation, and seamless cross-platform integration for comprehensive business planning.

Room for Improvement: IBM Planning Analytics could enhance user interface design and reduce complexity in its deployment processes. Improving mobile functionality can also be beneficial. Jedox could benefit from enhanced scalability options, improved support for large datasets, and a more refined interface for complex planning scenarios.

Ease of Deployment and Customer Service: IBM Planning Analytics offers robust support but has a complex deployment model that requires guidance. Jedox provides a smoother deployment experience with a strong service approach, ensuring faster implementation and easy adjustments.

Pricing and ROI: IBM Planning Analytics involves a higher setup cost but offers strong ROI for large enterprises with complex needs. Jedox presents a cost-effective setup appealing to businesses seeking quicker returns through agile planning and efficient resource allocation.

To learn more, read our detailed IBM Planning Analytics vs. Jedox Report (Updated: March 2026).

IBM Planning Analytics vs. Jedox

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Helped 884,976 peers since 2012

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

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

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
Product	Mindshare (%)
IBM Planning Analytics	4.4%
Jedox	4.1%
Other	91.5%

Business Performance Management

Featured Reviews

Gladys Njeri

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.

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Riyaz Halani

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.

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Quotes from Members

We asked business professionals to review the solutions they use. Here are some excerpts of what they said:

Pros

"This level of stability is crucial for a product like Cognos TM1, as using an unstable platform would result in loss of time."

"It's a very stable, robust product."

"This product is entirely designable and flexible, you can answer to very complex requirements."

"The most valuable feature is that it is able to slice and dice the data."

"I like that the solution brings together a lot of data from different platforms and it's all integrated."

"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."

"IBM Planning Analytics is easy to use and deploy. It is quick to develop. The calculation machine is also very fast."

"For forecast, budgeting and reporting financial data, TM1 is the best tool in the market."

More IBM Planning Analytics pros

"The main strength of Jedox lies in mastering the navigation, especially the Excel add-in."

"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."

"With Jedox, those kinds of pain points have been removed, and now if I create my dashboard once, people just need to add the data or pull the data, or the data just comes in on a scheduled basis from various systems, and my dashboards are ready."

"We can configure and have complete freedom while creating solutions."

"The ease of reporting is one of Jedox's most valuable features."

"The solution is very versatile."

"The ETL function simplifies many tasks."

"The EPM is the most valuable feature."

More Jedox pros

Cons

"It's wonky, and not super user-friendly with Excel."

"Extracting data is a little slow."

"It's wonky, and not super user-friendly with Excel."

"The workspace API should be improved and documented so we know better which objects are used."

"The local authentication part is difficult to manage in the product, making it an area where improvements are required."

"The tool's transport layer could be improved when promoting development between environments."

"The dashboard is very poor and needs a lot of improvement."

"Adding predefined templates could be beneficial."

More IBM Planning Analytics cons

"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."

"Visualization is something they need to improve. There should be some dropdown facilities in it like Excel."

"There is room for improvement in the scalability. It is a very massive tool. It's not easy to just build everything yourself."

"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."

"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."

"The solution should enable a modern look and feel in the front end."

"Visualization is something they need to improve. We have already told them about this, and they should be working on 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."

More Jedox cons

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."

"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."

"Our licensing cost is approximately $50,000.00 per year."

"It is a bit expensive, but you get what you are paying for."

"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."

"The product’s pricing will not be suitable for setting up a small solution."

"The solution's pricing is specific to your requirements."

"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."

"Jedox was a bit cheaper compared to Calumo."

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Top Industries

By visitors reading reviews

Financial Services Firm

15%

Manufacturing Company

10%

Retailer

Insurance Company

Comms Service Provider

11%

Computer Software Company

10%

Manufacturing Company

Aerospace/Defense Firm

Company Size

By reviewers

Large Enterprise

Midsize Enterprise

Small Business

By reviewers
Company Size	Count
Small Business	16
Midsize Enterprise	4
Large Enterprise	15

By reviewers
Company Size	Count
Small Business	6
Midsize Enterprise	3
Large Enterprise	4

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.

See all answers

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...

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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...

See all answers

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Comparisons

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Compared 11% of the time

SAP Analytics Cloud vs IBM Planning Analytics

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Compared 8% of the time

Oracle Hyperion vs IBM Planning Analytics

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Microsoft Power BI vs Jedox

Compared 11% of the time

Anaplan vs Jedox

Compared 7% of the time

Board vs Jedox

Compared 7% of the time

Tableau Enterprise vs Jedox

Compared 5% of the time

Oracle Hyperion vs Jedox

Compared 5% of the time

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Product Reports

IBM Planning Analytics

Download IBM Planning Analytics product report

Download Jedox product report

Also Known As

Cognos TM1, IBM Cognos TM1

Jedox EPM

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.

IBM

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.

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

IBM Planning Analytics vs. Jedox