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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
5th
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
13th
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 August 2026, in the Business Performance Management category, the mindshare of IBM Planning Analytics is 4.1%, down from 9.8% compared to the previous year. The mindshare of Jedox is 3.1%, down from 4.8% compared to the previous year. It is calculated based on PeerSpot user engagement data.
Business Performance Management Mindshare Distribution
ProductMindshare (%)
IBM Planning Analytics4.1%
Jedox3.1%
Other92.8%
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 tool is flexible."
"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"
"Planning Analytics' best features include automatic updates and slicing."
"It's a very stable, robust product."
"IBM Planning Analytics has positively impacted my organization by saving time from manual data processing and serving as a great and helpful tool."
"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."
"The EPM is the most valuable feature."
"The solution is very versatile."
"The ease of reporting is one of Jedox's most valuable features."
"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."
"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 system is quite flexible. Based on our requirements, we create different cubes that can help us to do complete planning."
"We use the tool for performance management and planning."
"The ETL function simplifies many tasks."
 

Cons

"It is a bit expensive, but it does the job."
"Pulling data from planning crashes very often."
"Data visualization and development interface are areas which need to be worked on."
"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."
"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."
"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."
"IBM is behind competitors like Tableau and Power BI in terms of visualization. Their visuals are less innovative and practical with fewer varieties."
"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."
"Jedox should improve the design and server issues."
"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."
"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."
"There is not much training for Jedox."
"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."
"Online pixel-perfect reporting is an aspect that has room for improvement."
 

Pricing and Cost Advice

"I would rate the tool's pricing a nine out of ten since it's expensive."
"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."
"IBM Planning Analytics is priced well, and licensing costs are yearly."
"It is a bit expensive, but you get what you are paying for."
"Our licensing cost is approximately $50,000.00 per year."
"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 solution's pricing is specific to your requirements."
"The product’s pricing will not be suitable for setting up a small solution."
"Excellent value for money."
"Jedox was a bit cheaper compared to Calumo."
"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."
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Top Industries

By visitors reading reviews
Financial Services Firm
15%
Manufacturing Company
10%
Retailer
10%
Outsourcing 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 Enterprise18
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?
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 ...
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...
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...
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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: August 2026.
907,816 professionals have used our research since 2012.