IBM Planning Analytics vs SAP Analytics Cloud comparison

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2,270 views|1,328 comparisons
94% willing to recommend
SAP Logo
11,682 views|7,624 comparisons
90% willing to recommend
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Executive Summary

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

Find out what your peers are saying about Anaplan, Oracle, Jedox and others in Business Performance Management.
To learn more, read our detailed Business Performance Management Report (Updated: March 2024).
767,847 professionals have used our research since 2012.
Featured Review
Quotes From Members
We asked business professionals to review the solutions they use.
Here are some excerpts of what they said:
Pros
"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.""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""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.""Planning Analytics' best features include automatic updates and slicing.""The most valuable feature is that it is able to slice and dice the data.""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.""The product's stability is good."

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"The solution is quite effective for collaborative planning.""It's easy to connect Analytics Cloud with other SAP solutions, and it's also effortless to deploy. You don't need much technical skill to set it up. It's as easy as setting up a tablet. I said tablet before. It's very easy to actually set up.""It's so user-friendly.""The visualization feature is the most valuable. SAP Analytics Cloud is also very easy to use.""I like the product's capabilities. The clarity and scenarios are the main features that allow us to forecast using machine learning algorithms and make decisions.""Data integration is very good.""The reporting, dashboards, KPIs, and visualization are the most valuable.""The most valuable features are the visualization and user-friendliness."

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Cons
"It's highly competitive right now, and all the vendors are in a race to put out new versions with additional features. IBM comes out with new versions too often, and it has an impact on quality.""It is a bit expensive, but it does the job.""The tool should include features for prediction. It can also improve the scalability.""Planning Analytics could be improved by adding automation features.""It would have been better if the solution was not just a tool kit.""The local authentication part is difficult to manage in the product, making it an area where improvements are required.""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.""Extracting data is a little slow."

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"One potential improvement is how we can transpose data. With SAP, if you have data from one system with a declared data type and a different system with another data type, the transfer is tricky.""It should have the flexibility for scoping the story and models. When you use it in a three-layer architecture, you struggle with the fact that you usually have just one SAP Analytics Cloud tenant, and you have to switch the connections, which might be an issue for bigger developments. For the development role, there should be an option to switch between development and production scenarios.""There is no direct connector from SAP to Redshift, so we are required to use a third-party product that was recommended by SAP.""There should be more features for the time series charts.""Some of the standard visualizations, such as a speedometer or a goal chart, are not there and should be added.""I would also like to have more advanced features for predictive analytics.""SAP could add more templates to the platform.""I think it would be easier if there was another module created to retrieve only data."

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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."
  • "Compared with the other tools in the market, IBM Planning Analytics is a bit expensive."
  • More IBM Planning Analytics Pricing and Cost Advice →

  • "It is a bit expensive, but really worth it, especially if you are already using other SAP tools."
  • "It is not the most expensive one. You have to do the cost-of-ownership analysis and take a lot of things into consideration to come up with the conclusion that it is cheaper or not, but its price is reasonable. It provides value for money."
  • "It's quite expensive and costs a lot to maintain, especially with licensing."
  • "It's not that costly as such for the time being."
  • "Its licensing is on a monthly basis."
  • "Compute and storage features should be sold separately."
  • "Its pricing is okay as compared to its competitors."
  • "Its price is slightly on the higher side."
  • More SAP Analytics Cloud Pricing and Cost Advice →

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    Questions from the Community
    Top Answer:The licensing part of the product is good. Every year, there is a need to renew the license. My company also uses multiple functionalities offered under IBM Cognos Analytics for ETL-related purposes… more »
    Top Answer:The local authentication part is difficult to manage in the product, making it an area where improvements are required.
    Top Answer:Tableau is easy to set up and maintain. In about a day it is possible for the entire platform to be deployed for use. This relatively short amount of time can make all the difference for companies… more »
    Top Answer:Considering the reporting part, I rate the tool a nine out of ten.
    Top Answer:I wasn't directly involved in the pricing discussions, but when I joined the organization, they had already purchased the SAP Analytics Cloud solution. The organization faced challenges due to its… more »
    Ranking
    Views
    2,270
    Comparisons
    1,328
    Reviews
    4
    Average Words per Review
    325
    Rating
    9.3
    Views
    11,682
    Comparisons
    7,624
    Reviews
    24
    Average Words per Review
    500
    Rating
    7.7
    Comparisons
    Also Known As
    Cognos TM1, IBM Cognos TM1
    SAP BusinessObjects Cloud
    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.

    SAP Analytics Cloud is an all-in-one Software-as-a-Service business intelligence tool that provides the key functionalities of an analytics tool to SAP business users. This tool is built on HANA Business Intelligence (BI) platform, providing analytics from data collected from multiple sources, such as ERP, Microsoft SQL, and Salesforce, among other solutions.

    You can use SAP Analytics Cloud to compile data and perform ad-hoc reporting and analysis for predictive planning. SAP Analytics Cloud collects and analyzes the raw data from transactional systems into intelligent insights that allow you to make better decisions.

    SAP Analytics Cloud uses machine learning to clean up data, identify errors, and issues, and suggest optimization or filtering options. You can use the modeling feature in Analytics Cloud to create hierarchies and get deeper data insights.

    The three core functions of SAP Analytics Cloud consist of Planning, Predictive Analysis, and Business Intelligence as a holistic SaaS solution that offers real-time analysis to business leaders.

    SAP Analytics Cloud Capabilities

    • Data discovery
    • Machine learning
    • Integrated financial and business planning
    • Predictive analysis
    • Automated data cleansing
    • Custom widgets
    • Mobile extension
    • Role-based customization
    • Data exploration and visualization

    SAP Analytics Cloud Key Features

    • Augmented analytics: SAP Analytics Cloud allows organizations to make the most of AI (Artificial Intelligence)-powered analytics through augmented analytics. It includes a Search to Insight feature that enables users not skilled or experienced in data science to access and use the platform.

      These smart insight tools allow organizations to visualize business data without manual intervention. By combining multiple machine learning algorithms, SAP Analytics Cloud automates predictive analysis so that organizations can have significant insight into secured data.
    • Enterprise planning: As SAP Analytics Cloud is an all-in-one financial planning and analysis solution, organizations can use it to align strategies across all departments. It allows end-to-end, data-driven planning decisions via financial modeling, allocations, smart insights, and automated reporting.

      The Zero-based budgeting feature allows for an effective resources allocation with built-in collaboration tools. The finance team can collaborate easily, create budget templates and make accurate decisions.

    SAP Analytics Cloud Benefits

    • Real-time cloud insights: SAP Analytics Cloud makes it easy for users at every level to generate instant insights and improve data-driven decision-making. With SAP Analytics Cloud, you can have immediate and central access to all figures, diagrams, insights, and evaluations for every employee on every device and updated in real time.

    • Customizable dashboard: You can customize your dashboard according to your requirements. This customization means you can easily access all the relevant data on a single pane of vision tailored to your business.

    • Collaborative planning: As an all-in-one platform, SAP Analytics Cloud integrates the multiple aspects of a business into a single solution, including finance, HR, sales, and supply chain management.

    • Data on any device: You can integrate SAP Analytics Cloud with SAP S/4 HANA and deploy insights to Android and iOS devices. The SAP S/4 HANA integration also enables the rolling out of changes to multiple files and devices from a central location, so you can carry your business operations on the go over a secured cloud network.

    • In-memory technology: Since it is based on SAP HANA in-memory technology, SAP Analytics Cloud can process massive amounts of data in a short time.

    Reviews from Real Users

    Segun O., SAP HANA Developer at SOA PEOPLE, says that "The most valuable features are on the application side, where you can design applications into your analytics on the platform."

    The Head of Finance Enterprise Application at a computer software company adds that "The visualization feature is the most valuable. SAP Analytics Cloud is also very easy to use."

    "Its many features make it the best in the market," sums up a Consultor SAP Business Object, Sap Analytics Cloud at a tech services company.

    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
    Live Oak Bank
    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
    Computer Software Company28%
    Financial Services Firm12%
    Manufacturing Company12%
    Retailer8%
    VISITORS READING REVIEWS
    Educational Organization19%
    Manufacturing Company12%
    Computer Software Company10%
    Financial Services Firm6%
    Company Size
    REVIEWERS
    Small Business57%
    Midsize Enterprise17%
    Large Enterprise26%
    VISITORS READING REVIEWS
    Small Business11%
    Midsize Enterprise47%
    Large Enterprise42%
    REVIEWERS
    Small Business31%
    Midsize Enterprise21%
    Large Enterprise48%
    VISITORS READING REVIEWS
    Small Business16%
    Midsize Enterprise26%
    Large Enterprise58%
    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.
    767,847 professionals have used our research since 2012.

    IBM Planning Analytics is ranked 6th in Business Performance Management with 21 reviews while SAP Analytics Cloud is ranked 4th in BI (Business Intelligence) Tools with 57 reviews. IBM Planning Analytics is rated 8.6, while SAP Analytics Cloud is rated 8.0. The top reviewer of IBM Planning Analytics writes "Can easily create dashboards and helps businesses improve forecasting accuracy". On the other hand, the top reviewer of SAP Analytics Cloud writes "Good for reporting but needs to improve its predictive analytics features". IBM Planning Analytics is most compared with Microsoft Power BI, Anaplan, Jedox, IBM Cognos and Oracle Hyperion, whereas SAP Analytics Cloud is most compared with SAP BusinessObjects Business Intelligence Platform, Tableau, Microsoft Power BI, Anaplan and IBM Cognos.

    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.