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IBM Planning Analytics vs Longview Analytics comparison

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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
Longview Analytics
Ranking in Business Performance Management
18th
Average Rating
7.2
Reviews Sentiment
6.6
Number of Reviews
4
Ranking in other categories
Reporting (32nd), Financial Close Software (16th)
 

Mindshare comparison

As of October 2026, in the Business Performance Management category, the mindshare of IBM Planning Analytics is 4.1%, down from 7.7% compared to the previous year. The mindshare of Longview Analytics is 2.9%, up from 1.2% compared to the previous year. It is calculated based on PeerSpot user engagement data.
Business Performance Management Mindshare Distribution
ProductMindshare (%)
IBM Planning Analytics4.1%
Longview Analytics2.9%
Other93.0%
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.
it_user221853 - PeerSpot reviewer
Technology Lead Onsite at a tech services company with 10,001+ employees
The database setup is a pain initially, but once it's done everything works fine.
The ability to report multi-dimensionally and the scalability This tool is mainly used for forecasting, and it will, for sure, help all the organizations that need data/reports on expenses and headcount forecasting. This could be made more developer friendly, and could include the ability to…

Quotes from Members

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

Pros

"IBM Planning Analytics is easy to use and deploy. It is quick to develop. The calculation machine is also very fast."
"The scenario modeling capabilities are frequently used to create different scenarios, compare them, and see which action leads to which result."
"Planning Analytics' best features include automatic updates and slicing."
"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."
"For forecast, budgeting and reporting financial data, TM1 is the best tool in the market."
"Its stability helps controllers win time in their planning processes."
"It provides all the required functionalities for Financial Performance Management, such as planning, budgeting, forecasting, consolidation and dimensional reporting and analysis."
"The biggest advantage of IBM Planning Analytics is that it is fully integrated with the other applications or tools that the customer is using within their environment, and they can get easy availability of local resources familiar with the tools to reap the benefits."
"This product offers a wide range of corporate performance management tools for powerful financial consolidation, planning and reporting."
"Khalix is a simple tool that builds on existing data sources to develop solutions in forecasting, planning and consolidation needs."
"This tool is mainly used for forecasting, and it will, for sure, help all the organizations that need data/reports on expenses and headcount forecasting."
"Well certainly this product has helped many finance users in the organization as this product enables them to see the numbers for any cost center and business unit and also get a consolidated view of group level numbers."
 

Cons

"Pulling data from planning crashes very often."
"Adding predefined templates could be beneficial."
"If we talk only about the TM1 engine, it's quite rich and possibly too rich, making it complex to perform simple tasks."
"It is a bit expensive, but it does the job."
"IBM is behind competitors like Tableau and Power BI in terms of visualization. Their visuals are less innovative and practical with fewer varieties."
"The CAFE Excel plug-in needs to be improved to handle all the features of older TM1 Perspectives plug-in for Excel."
"I think the software front-end on Cognos Contributor should be developed further to provide the final user with a better and clear design."
"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."
"The initial set up was complex and painful, both with respect to database setup and the execution script."
"Web based reporting can have better user interface and functions."
"The original cost is set to use enterprise wide but the users growth is too slow to justify the cost. That's one of the reasons we stopped using this tool."
"If you compare it with Oracle then Longview isn't that user friendly."
 

Pricing and Cost Advice

"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."
"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."
"It is a bit expensive, but you get what you are paying for."
"The license of this solution is paid annually. Most of my customers choose a license that includes support."
Information not available
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Top Industries

By visitors reading reviews
Financial Services Firm
14%
Retailer
10%
Manufacturing Company
10%
Outsourcing Company
9%
Manufacturing Company
15%
Construction Company
12%
Comms Service Provider
9%
Retailer
9%
 

Company Size

By reviewers
Large Enterprise
Midsize Enterprise
Small Business
By reviewers
Company SizeCount
Small Business19
Midsize Enterprise4
Large Enterprise18
No data available
 

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
arcplan, Longview Close, Longview CPM, Longview Tax
 

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
ADAC, Acuity Brands, Akzo Nobel, Allegheny Energy, Allianz, AluNorf, Amcor, BASF, Banco Central de Chile, Baerlocher, Bauhaus, Bayer, BMW Financial Services, BNI, Bosch, Bristol-Myers Squibb, B/S/H/, Charmer Sunbelt, China Cargo Airlines, City of Edmonton, Commerzbank, Dachser, Daimler, Darling Ingredients, Deichmann, Deutsche Bank, Deutsche Telekom, DFS, EnBW, Faber Castell, FPT, Fraport, Fritz Egger, Guohua Wind Power, Griesson - de Beukelaer, GS Retail, GT Solar, Hailo, Haniel, HCA, H.C. Starck, H-E-B, Hella, Henkel, Hermes Fulfilment, Hitachi, HORIBA, Hunan Tobacco, Hyundai, Iberia, Intersport, Kaiser + Kraft, KDVZ Frechen, Knorr-Bremse, Lanxess, Leifheit, LG Electronics, Liberty Mutual, Lowe´s, Lufthansa, Lupin, Martin Marietta, Media-Saturn, MetLife, Merck, Migros, NKD, Nobilia, Nokia, Novartis, OBI, Oman Oilfields, Ottobock, Petco, Philip Morris, PSCU, Reitan, Robert Bosch, Roche, RWE, Samsung Electronics, Scripps Health, Siemens, Sinopec Shandong, SMS Group, Sodexo, Southwest Airlines, Stadtwerke Bremen, Swiss Post, Takeda, Telefonica, ThyssenKrupp, TNT Express, TrustX, Turner Broadcasting, T¾V Rheinland, UBS, Veolia Water, Vigor, Vodafone, Voestalpine, Wacker, Waste Management, Wegmans, Wirtgen, World Economic Forum, Yunnan Tobacco, ZFV
Find out what your peers are saying about IBM Planning Analytics vs. Longview Analytics and other solutions. Updated: September 2026.
915,341 professionals have used our research since 2012.