IBM Planning Analytics vs Qlik Sense comparison

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Executive Summary

We performed a comparison between IBM Planning Analytics and Qlik Sense based on real PeerSpot user reviews.

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Featured Review
Quotes From Members
We asked business professionals to review the solutions they use.
Here are some excerpts of what they said:
Pros
"It's a very stable, robust product.""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""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 tool is flexible.""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.""Planning Analytics' best features include automatic updates and slicing."

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"The visualizations are good and keep improving.""What I found most valuable in Qlik Sense is its flexibility. It's a very flexible tool, and it has a lot of capabilities compared to Tableau and Power BI. In Qlik Sense, you can take data from any of the systems, and you can do data transformation, prepare the data, then present your KPIs. Data transformation isn't present in Tableau, Power BI, and other tools. In Qlik Sense, you're able to get the data and directly present that data. The presentation layer is also very good in Qlik Sense. My company is very happy with this tool.""Set analysis is a powerful scripting functionality which calculates complex queries into simple terms.""The product is very stable.""It is simple to develop, which is good.""The most valuable feature is the interface for the end-user.""We have been using Qlik Sense to generate reports that have taken hours to prepare before that we are now able to update in a couple of minutes and are available to users on a centralized platform where they are able to get the required reports.""Qlik Sense has a modern look and feel and a very intuitive UI, so non-technical users find it very user friendly."

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Cons
"Extracting data is a little slow.""The tool should include features for prediction. It can also improve the scalability.""The tool's transport layer could be improved when promoting development between environments.""The dashboard is very poor and needs a lot of improvement.""It is a bit expensive, but it does the job.""It's wonky, and not super user-friendly with Excel.""Planning Analytics could be improved by adding automation features.""It would have been better if the solution was not just a tool kit."

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"The one thing I would probably try to add is some kind of tutorial since the tool has a lot of options to work with, and for someone who is just starting and does not have any prior experience, it can be a little overwhelming.""There is room for improvement in the storytelling mode and the report sharing. Qlik Sense also does not have a subscription base like Power BI. So a lot of the analysis is housed in community pages that are managed by either the author or a database administrator, or whoever the Qlik Sense manager is there.""Needs more bookmarking and a data load screen.""I wish the product had the ability for slightly more customization. The out-of-the box charts and visualizations are fantastic, but I want to be able to tweak it without having to add outside extensions and widgets.""Qlik Sense should have a conversion tool which automatically converts QlikView to Qlik Sense, so customers can easily migrate between the products of Qlik.""A valuable improvement for this solution would be the enabling of us to host dashboards for our customers.""Ad-hoc reporting capabilities would be ideal.""Reload failure alerts on the application within the Qlik Management Console without any use of extensions. QlikView is able to handle these alerts directly through the QlikView Management Console. We would appreciate a similar solution that is easy to set up and use. Simple formatting options in the pivot and straight tables such as adjusting line thickness and font selection and size."

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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."
  • "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."
  • "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."
  • More IBM Planning Analytics Pricing and Cost Advice →

  • "The solution is worth it."
  • "Understand the break over price point for switching to the Enterprise license."
  • "Licensing could be cheaper."
  • "Licensing: Review the named model and move towards a usage model (e.g., cores, memory, computers, API calls, etc.)."
  • "The cost is not bad considering the flexibility and support you receive from Qlik. I believe it is worth the cost."
  • "Start small with tokens. You can always buy more."
  • "Currently, our ROI is clear and concise decision-making. This timely addition will easily add $15 million to our bottom line in 2017."
  • "You will spend more time on educating your staff than licensing the product."
  • More Qlik Sense Pricing and Cost Advice →

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    Questions from the Community
    Top Answer:IBM Planning Analytics is easy to use and deploy. It is quick to develop. The calculation machine is also very fast.
    Top Answer:IBM Planning Analytics is priced well, and licensing costs are yearly.
    Top Answer:The tool's transport layer could be improved when promoting development between environments.
    Top Answer:It depends on the Data architecture and the complexity of your requirement Some great tools in the market are Qlik Sense, Power BI, OBIEE, Tableau, etc. I have recently started using Cognos… more »
    Top Answer:There are many...It would rather depend what System BI architecture or Enterprise legacy you have at your end...I would recommend as follows:  1) If you have legacies of SAP, Oracle  - look for SAP… more »
    Top Answer:The most valuable features of Qlik Sense are its speed and seamless development of web technologies.
    Ranking
    Views
    2,233
    Comparisons
    1,318
    Reviews
    4
    Average Words per Review
    226
    Rating
    9.3
    2nd
    out of 70 in Data Visualization
    Views
    5,738
    Comparisons
    3,545
    Reviews
    22
    Average Words per Review
    563
    Rating
    8.6
    Comparisons
    Also Known As
    Cognos TM1, IBM Cognos TM1
    QlikSense
    Learn More
    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.

    Qlik Sense is a visual analytics and business intelligence (BI) platform that gives users full control over their system’s data. From this platform they can control every aspect of their system data. It maximizes an organization’s ability to make decisions driven by their data.

    Benefits of Qlik Sense

    Some of the benefits of using Qlik Sense include:

    • Easily manipulate data: Qlik Sense allows users to easily combine and otherwise manipulate their system’s data. It allows them to create interactive visual representations of your datasets. The many different ways that the data can be represented offer many potential options for how to analyze the data. These choices enable users to easily gain critical insights.
    • Easily automate alerts and routine actions: Qlik Sense enables users to keep a close eye on their data. Automatic alerts that will notify them if their data changes in any way. Users don’t need expert knowledge of coding to create automated data-driven events. Users of all experience levels can take advantage of this benefit. Qlik Sense enables routine actions to be automated when necessary data insights will spur the system to take action. This combination of analytics and other tools empower users to take charge of their data.
    • Customize reporting: Users can set Qlik Sense to generate custom reports. These reports can also be customized to be shared by way of one of several methods, allowing users to control who sees their data and what they see.

    Reviews from Real Users

    Qlik Sense stands out among its competitors for a number of reasons. Two major ones are its associative analytics technology and its remote access capability. Qlik Sense employs an associative analytics engine that gives users the ability to take their data analytics to the next level. Users can create visual connections between different datasets spread across their network, creating deep insights that enable users to gain a full understanding of their data. This engine is easily scaled up to allow a large number of users to benefit from the deep insights that it provides. Users can access Qlik Sense from anywhere in the world. Qlik Sense has an online portal that can be used consistently from anywhere at all. Having the ability to remotely analyze data gives users flexibility when it comes to choosing how to deploy their manpower.

    Jarno L., the managing director of B2IT, writes, “The associative technology features are the solution's most valuable aspects. Qlik was the first company to implement an in-memory associative analytics engine. This basically means that all data is loaded into memory, but it also means that instead of joining data together, the data is associated together. From the front end, from the user interface point of view, data can be joined or included or excluded on the fly. It can be drilled down and drilled through and users can slice and dice it and that type of thing can be done from anywhere in the data to any other place in the data. It doesn't have to be predefined. It doesn't have to have hierarchies or anything like that.”

    Tami S., the senior business intelligence analyst at the La Jolla Group, writes, “With the changing business landscape, it is nice to access Qlik Sense through an external website. As an organization when we use QlikView Desktop, we need to connect to our internal network. We can access QlikView through the QlikView access point but the website has a little different look and feel than the desktop application. We appreciate that Qlik Sense is browser-based and the user experience is the same whether at home, in the office or on a boat. As long as the user has internet access, performance is the same.”

    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
    Abbvie, Airbus, Barclays, BT Openreach, BMW, Daimler AG, HSBC, IKEA, Nationwide Building Society, Royal Mail Group, Sanofi, Siemens, Wendy'', Vodafone, Volvo
    Top Industries
    REVIEWERS
    Computer Software Company25%
    Real Estate/Law Firm13%
    Leisure / Travel Company13%
    Hospitality Company13%
    VISITORS READING REVIEWS
    Educational Organization43%
    Financial Services Firm10%
    Computer Software Company7%
    Manufacturing Company5%
    REVIEWERS
    Financial Services Firm19%
    Manufacturing Company10%
    Retailer10%
    Healthcare Company9%
    VISITORS READING REVIEWS
    Educational Organization49%
    Financial Services Firm10%
    Computer Software Company6%
    Manufacturing Company5%
    Company Size
    REVIEWERS
    Small Business57%
    Midsize Enterprise17%
    Large Enterprise26%
    VISITORS READING REVIEWS
    Small Business11%
    Midsize Enterprise47%
    Large Enterprise43%
    REVIEWERS
    Small Business20%
    Midsize Enterprise27%
    Large Enterprise53%
    VISITORS READING REVIEWS
    Small Business10%
    Midsize Enterprise53%
    Large Enterprise37%
    Buyer's Guide
    Business Performance Management
    March 2024
    Find out what your peers are saying about Anaplan, Oracle, Jedox and others in Business Performance Management. Updated: March 2024.
    765,234 professionals have used our research since 2012.

    IBM Planning Analytics is ranked 6th in Business Performance Management with 20 reviews while Qlik Sense is ranked 2nd in Data Visualization with 112 reviews. IBM Planning Analytics is rated 8.4, while Qlik Sense is rated 8.6. The top reviewer of IBM Planning Analytics writes "Beneficial predictive analytics, flexibility, and useful forecasting". On the other hand, the top reviewer of Qlik Sense writes "Customizable with good ROI and a quick learning curve". IBM Planning Analytics is most compared with SAP Analytics Cloud, Microsoft Power BI, Anaplan, IBM Cognos and Jedox, whereas Qlik Sense is most compared with Tableau, Amazon QuickSight, Microsoft Power BI, Apache Superset and Alteryx.

    We monitor all Business Performance Management reviews to prevent fraudulent reviews and keep review quality high. We do not post reviews by company employees or direct competitors. We validate each review for authenticity via cross-reference with LinkedIn, and personal follow-up with the reviewer when necessary.