IBM Planning Analytics vs Jedox comparison

Read 13 Jedox reviews

2,732 Views
1,803 Comparison Views

100% willing to recommend

IBM Planning Analytics

Comparison Buyer's Guide

Download the report

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: September 2026).

IBM Planning Analytics vs. Jedox

Download the complete report

Helped 913,422 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

5th

Average Rating

8.4

Reviews Sentiment

7.1

Number of Reviews

Ranking in other categories

No ranking in other categories

Jedox

Ranking in Business Performance Management

13th

Average Rating

8.0

Reviews Sentiment

6.7

Number of Reviews

Ranking in other categories

No ranking in other categories

Mindshare comparison

As of September 2026, in the Business Performance Management category, the mindshare of IBM Planning Analytics is 4.0%, down from 8.0% compared to the previous year. The mindshare of Jedox is 3.1%, down from 4.3% compared to the previous year. It is calculated based on PeerSpot user engagement data.

Business Performance Management Mindshare Distribution
Product	Mindshare (%)
IBM Planning Analytics	4.0%
Jedox	3.1%
Other	92.9%

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.

Read full review

Amol Ghoddke

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.

Read full review

Quotes from Members

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

Pros

"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."

"I would recommend Planning Analytics to other users as it's user-friendly, accessible, and flexible."

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

"We cut down on manual budgeting and forecasting work, which saved us between 50 to 70% of our time."

"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."

"It is a great tool."

"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."

More IBM Planning Analytics pros

"The system is quite flexible. Based on our requirements, we create different cubes that can help us to do complete planning."

"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 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 EPM is the most valuable feature."

"The data entry point is most valuable, and the way we can customize our report or do data entry is very good."

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

"The customer porting is the most valuable feature."

More Jedox pros

Cons

"Scalability is quite hard to implement in TM1, largely since the on-premise installation chosen back in 2014. On a scale, I'd rate scalability at four, out of ten. It's difficult."

"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."

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

"Pulling data from planning crashes very often."

"IBM Planning Analytics does not work offline, which makes it difficult for me and my team to work or gather required data when we do not have an internet connection."

"TM1 is a bit expensive, especially for small companies who should look more at products like Jedox or Tableau etc.. Who propose all in 1 products with good looking visualization components"

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."

"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."

"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."

"The solution needs to improve its support. The visualization in Microsoft BI is more modern and comfortable than Jedox's. I would expect something similar with the solution."

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

"I don't find it particularly user-friendly."

"Online pixel-perfect reporting is an aspect that has room for improvement."

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."

"IBM Planning Analytics is priced well, and licensing costs are yearly."

"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 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."

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

"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."

"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."

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

See which vendors are best for you

Use our free recommendation engine to learn which Business Performance Management solutions are best for your needs.

See recommendations

913,422 professionals have used our research since 2012.

Top Industries

By visitors reading reviews

Financial Services Firm

14%

Retailer

10%

Manufacturing Company

Outsourcing Company

Comms Service Provider

12%

Aerospace/Defense Firm

Financial Services Firm

Manufacturing Company

Company Size

By reviewers

Large Enterprise

Midsize Enterprise

Small Business

By reviewers
Company Size	Count
Small Business	18
Midsize Enterprise	4
Large Enterprise	18

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

Questions from the Community

What is your experience regarding pricing and costs for IBM Planning Analytics?

Regarding pricing, the cost is high compared to the competitors of IBM Planning Analytics, but given that we as an organization already use IBM, we decided to go for IBM Planning Analytics. We did ...

See all answers

What needs improvement with IBM Planning Analytics?

I have found that IBM Planning Analytics is flexible in the sense that you can customize the platform, customize calculations, and customize your models. However, your ability to do that when you w...

See all answers

What is your primary use case for IBM Planning Analytics?

We rely on IBM Planning Analytics for our monthly forecast because it is modular, making it essential for tracking and managing our monthly, quarterly, and yearly forecasts. We use it mostly for fo...

See all answers

Ask a question

Earn 20 points

Comparisons

SAP Business Data Cloud vs IBM Planning Analytics

Compared 7% of the time

Microsoft Power BI vs IBM Planning Analytics

Compared 7% of the time

Anaplan vs IBM Planning Analytics

Compared 5% of the time

Tableau Enterprise vs IBM Planning Analytics

Compared 5% of the time

Oracle Essbase vs IBM Planning Analytics

Compared 4% of the time

More IBM Planning Analytics Competitors

Microsoft Power BI vs Jedox

Compared 7% of the time

Anaplan vs Jedox

Compared 7% of the time

Board vs Jedox

Compared 7% of the time

SAP Business Data Cloud vs Jedox

Compared 5% of the time

Targit Decision Suite vs Jedox

Compared 4% of the time

More Jedox Competitors

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 offers a robust planning, budgeting, and forecasting platform powered by TM1 technologies, integrating with Excel while offering real-time calculations, data governance, and security.

Supporting flexible scenario modeling and forecasting, IBM Planning Analytics enhances planning processes via machine learning, real-time data calculations, and meaningful collaboration. In-memory processing and data slicing boost automation, reduces errors, and increase performance, while the centralized database facilitates secure and governed data management. Sandbox environments assist users in testing scenarios, and integration with Excel is crucial for financial planning and resource allocation.

What are the key features of IBM Planning Analytics?

TM1 Perspective Client: Integrated Excel-like interface for a familiar user experience.
Centralized Database: Provides robust and secure data management capabilities.
Sandbox Environments: Enables scenario testing without impacting live data.
Real-Time Calculations: Offers immediate data processing and analysis.
Excel Integration: Provides seamless transition and collaboration for planning tasks.

Which benefits and ROI should users consider?

Collaboration: Enhances teamwork in decision-making processes.
Automation: Streamlines processes, reduces errors, and accelerates tasks.
Data Governance: Ensures data security and compliance.
Performance: Faster processing through in-memory technology.
Scenario Modeling: Allows comprehensive comparisons for effective planning.

In multiple industries, IBM Planning Analytics is key in supporting budgeting, planning, and forecasting efforts. Financial services use it for cash flow modeling and resource allocation, while manufacturing sectors benefit from its dashboard-driven data visualization capabilities. Businesses utilize its robust reporting and real-time analysis functionalities to manage resources and assess future risks effectively.

IBM

Jedox offers flexibility and customization for corporate performance management, focusing on financial consolidation, planning, budgeting, and forecasting. Its Excel and Power BI integrations and strong API connections enhance integration capabilities.

Jedox provides a user-friendly interface for comprehensive planning, allowing companies to create different cubes, facilitating intuitive dashboards, dynamic reporting, and advanced analytical features. Its powerful ETL functionality improves integration with diverse systems, making data entry and customizable reporting efficient. Although requiring implementation and maintenance efforts, Jedox proves effective in management reporting, financial analysis, and data transfer processes. However, visualization options, UI, scalability, and pricing structure could improve.

What are the key features of Jedox?

Flexibility and Customization: Adaptable planning with customizable cubes.
Excel Integration: Seamless integration for ease of use.
ETL Functionality: Enhanced data integration capabilities.
Intuitive Dashboard: User-friendly interface with dynamic reporting.
Power BI and API Connections: Strong integration with business tools.

What benefits and ROI should users expect?

Efficiency in Planning: Streamlined financial consolidation and budgeting processes.
Enhanced Reporting: Improved management reporting for stakeholders.
Data Integration: Effective data transfer capabilities within systems.
Scalability: Custom solutions for growing enterprise needs.

Companies in industries like hospitality use Jedox for tailored planning solutions such as room and meal planning. Organizations employ Jedox for creating ERP solutions, HR dashboards, and cost center reporting, utilizing it for financial analysis and integration needs.

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