IBM Planning Analytics vs Tableau comparison

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Executive Summary

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

Find out what your peers are saying about Anaplan, Oracle, Domo and others in Business Performance Management.
To learn more, read our detailed Business Performance Management Report (Updated: November 2022).
655,774 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 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.""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.""Navigating through the data to make analysis is really quick."

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"It's intuitive and highly mature""Tableau has many good features. It is user-friendly, has a simple-to-use interface, and has a customizable dashboard.""The most valuable features are the visualizations, the way they show the combination charts.""The initial setup is simple.""The most important feature in Tableau is visual analytics.""​Data is easily understood at all levels of the company.""The number one thing was just the ease of getting something up quickly. The other thing that was good about it was that it was fairly fast for decent-sized data sets in terms of performance and run time.""It's easy to use."

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Cons
"Planning Analytics could be improved by adding automation features.""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.""It would have been better if the solution was not just a tool kit.""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."

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"Its price should be improved. Its price is much higher than Power BI and QlikView. Programming is not easy on Tableau. For programming, you have to have a separate model. They should include programming directly on the web portion of the Tableau desktop so that people can write Python or JavaScript code for customizations instead of using a different model. Currently, Tableau Data Prep is a separate application that you have to purchase. It would be helpful if they can include Tableau Data Prep and programming languages such as R, Python in the next version. Tableau Public, which is a community version, doesn't allow you to save your work on your desktop. They should allow it. Currently, you can only upload it in the community.""There should be more widgets that would help less trained individuals create charts with less difficulty.""The customization requires a lot of effort and should be simplified. The performance could be better.""There could be improvements on the mobile application, it is lacking features.""It should offer better features for customization.""With Tableau, there is a gap in its ability to handle very large-scale data.""The data entered into Tableau must be clean. Otherwise, it won't work properly.""The user story model is the most deceptive part of Tableau. It is a big marketing option, however, the reality is that it is not enough."

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

  • "At $70 per month, I think the price is a bit scary. I have a small consulting firm in Ghana, working in about 15 different African countries, and when it comes to our part of the world, $70 a month is a lot of money for software."
  • "The professional version of Tableau is quite expensive."
  • "It is a bit difficult for some people when they hear $70.00 per month, as some solutions are available for less than $10.00 or for free."
  • "The solution is very expensive. If you have many users then it is going to cost your company a lot of money."
  • "The price of Tableau is high, although there are different types of licenses available."
  • "It's an annual fee with everything included but it's quite expensive."
  • "The solution is expensive but it depends on the customer's needs which will determine the cost of the licensing."
  • "If they want to be competitive in the market, the price must be improved."
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    Comparison Review
    Guillermo (Bill) Cabiro
    I do use both Tableau and QlikView. Although very different, I really like both solutions. They belong to the new BI generation known as Interactive Visual Analytics. In my opinion, QlikView has a more intuitive interface for regular users or executives that are not technical experts but the development side is a little more complex. Up to version 12 QlikView did not provide drag & drop features. If a user wanted to see something not included in the application the new object had to be created by a power user or developer because Qlikview's scripting has somewhat of a learning curve. On the positive side, QlikView's scripting is a great asset as it functions as an ETL allowing the integration of hundreds of different data sources into the same visual app. Another feature that’s extremely useful is Qlik’s proprietary Associative Model that allows the users to visualize data relationships that exist as well as those that do not. Tableau on the other hand is a lot easier to use for developers, analysts or power users who need to connect, manipulate and visualize data rather quickly. While this makes Tableau a better fit for the more analytical crowd, it may not be as appealing or intuitive to the regular or casual business users as QlikView is. Tableau has full pivot, drag & drop and drill down capabilities that are great for developers or power users. They can rotate measures and dimensions and graph them instantly using visualization best practices as suggested by… Read more →
    Questions from the Community
    Top Answer:Planning Analytics' best features include automatic updates and slicing.
    Top Answer:It is a bit expensive, but you get what you are paying for.
    Top Answer:Planning Analytics could be improved by adding automation features.
    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:Both tools have their positives and negatives. First, I should mention that I am relatively new to Tableau. I have been working on and off Tableau for about a year, but getting to work on it… more »
    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 »
    Ranking
    Views
    4,950
    Comparisons
    3,017
    Reviews
    5
    Average Words per Review
    387
    Rating
    8.6
    Views
    43,261
    Comparisons
    33,495
    Reviews
    92
    Average Words per Review
    584
    Rating
    8.2
    Comparisons
    Also Known As
    Cognos TM1, IBM Cognos TM1
    Tableau Desktop, Tableau Server, Tableau Online
    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.

    Tableau is a tool for data visualization and business intelligence that allows businesses to report insights through easy-to-use, customizable visualizations and dashboards. Tableau makes it exceedingly simple for its customers to organize, manage, visualize, and comprehend data. It enables users to dig deep into the data so that they can see patterns and gain meaningful insights. 

    Make data-driven decisions with confidence thanks to Tableau’s assistance in providing faster answers to queries, solving harder problems more easily, and offering new insights more frequently. Tableau integrates directly to hundreds of data sources, both in the cloud and on premises, making it simpler to begin research. People of various skill levels can quickly find actionable information using Tableau’s natural language queries, interactive dashboards, and drag-and-drop capabilities. By quickly creating strong calculations, adding trend lines to examine statistical summaries, or clustering data to identify relationships, users can ask more in-depth inquiries.

    Tableau Features

    Tableau has many valuable key features. Some of the most useful ones include:

    • Tableau dashboard: Tableau dashboards provide a complete view of your data through visualizations, visual objects, text, and more. 
    • Sharing and collaboration: Tableau provides convenient, real-time options to collaborate with other users and instantly share data in the form of visualizations, sheets, and dashboards. 
    • In-memory and live data: Tableau ensures connectivity to both live data sources and data extraction from external data sources as in-memory data. This gives users the flexibility to use data from more than one source without any restrictions. 
    • Multiple data sources: Tableau gives many data source option, ranging from spreadsheets, big data, on-premise files, relational databases, non-relational databases, data warehouses, and big data, to on-cloud data. 
    • Advanced charts and visualizations: One of the key features of Tableau is its wide range of visualizations.
    • Maps: Tableau has a lot of pre-installed information on maps, such as cities, postal codes, and administrative boundaries. 
    • Robust security: Tableau has a foolproof security system based on authentication and permission systems for data connections and user access. Tableau also gives you the freedom to integrate with other security protocols.

    Tableau Benefits

    There are many benefits to implementing Tableau. Some of the biggest advantages the solution offers include:

    • Data visualization
    • Create interactive visualizations quickly
    • Easy to implement
    • Ability to handle large amounts of data
    • Use varying scripting languages 
    • Responsive dashboard and mobile support 

    Reviews from Real Users

    Tableau stands out among its competitors for a number of reasons. Some of these include its fast data access, easy creation of visualizations, and its stability. PeerSpot users take note of the advantages of these features in their reviews:

    Romil S., Deputy General Manager of IT at Nayara Energy, notes, "Its visualizations are good, and its features make the development process a little less time-consuming. It has an in-memory extract feature that allows us to extract data and keep it on the server, and then our users can use it quickly.

    Ariful M., Consulting Practice Partner of Data, Analytics & AI at FH, writes, “Tableau is very flexible and easy to learn. It has drag-and-drop function analytics, and its design is very good.

    Offer
    Learn more about IBM Planning Analytics
    Learn more about Tableau
    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
    Accenture, Adobe, Amazon.com, Bank of America, Charles Schwab Corp, Citigroup, Coca-Cola Company, Cornell University, Dell, Deloitte, Duke University, eBay, Exxon Mobil, Fannie Mae, Ferrari, French Red Cross, Goldman Sachs, Google, Government of Canada, HP, Intel, Johns Hopkins Hospital, Macy's, Merck, The New York Times, PayPal, Pfizer, US Army, US Air Force, Skype, and Walmart.
    Top Industries
    VISITORS READING REVIEWS
    Computer Software Company15%
    Financial Services Firm11%
    Comms Service Provider11%
    Government6%
    REVIEWERS
    Financial Services Firm12%
    Computer Software Company11%
    Healthcare Company8%
    Energy/Utilities Company7%
    VISITORS READING REVIEWS
    Computer Software Company17%
    Financial Services Firm14%
    Comms Service Provider8%
    Government7%
    Company Size
    REVIEWERS
    Small Business56%
    Midsize Enterprise17%
    Large Enterprise28%
    VISITORS READING REVIEWS
    Small Business19%
    Midsize Enterprise10%
    Large Enterprise71%
    REVIEWERS
    Small Business29%
    Midsize Enterprise19%
    Large Enterprise52%
    VISITORS READING REVIEWS
    Small Business17%
    Midsize Enterprise12%
    Large Enterprise71%
    Buyer's Guide
    Business Performance Management
    November 2022
    Find out what your peers are saying about Anaplan, Oracle, Domo and others in Business Performance Management. Updated: November 2022.
    655,774 professionals have used our research since 2012.

    IBM Planning Analytics is ranked 4th in Business Performance Management with 5 reviews while Tableau is ranked 2nd in BI (Business Intelligence) Tools with 95 reviews. IBM Planning Analytics is rated 8.6, while Tableau is rated 8.2. The top reviewer of IBM Planning Analytics writes "High-performing, helps clients save time in budget processes ". On the other hand, the top reviewer of Tableau writes "Lets me train new users quickly, easily, and intuitively". IBM Planning Analytics is most compared with Microsoft BI, SAP Analytics Cloud, Oracle Hyperion, Jedox and Alteryx, whereas Tableau is most compared with Microsoft BI, Amazon QuickSight, SAS Visual Analytics, SAP Analytics Cloud and Domo.

    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.