We performed a comparison between IBM Planning Analytics and Teradata Data Lab based on real PeerSpot user reviews.
Find out what your peers are saying about Anaplan, Oracle, Jedox and others in Business Performance Management."All the different platforms are well integrated."
"The most valuable features of IBM Planning Analytics for streamlining planning processes include a unified database where all data are centralized."
"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"
"IBM Planning Analytics is easy to use and deploy. It is quick to develop. The calculation machine is also very fast."
"Planning Analytics' best features include automatic updates and slicing."
"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."
"It's a very stable, robust product."
"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."
"In Data Lab, you can schedule any testing you want to do in production. You can take a small subset of data from production, copy it there, and run all your tests. It reduces your testing costs because it's all in the lab."
"It has increased the speed of reporting."
"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."
"Adding predefined templates could be beneficial."
"Planning Analytics could be improved by adding automation features."
"The tool should include features for prediction. It can also improve the scalability."
"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 local authentication part is difficult to manage in the product, making it an area where improvements are required."
"If I want to implement an upgrade, I'd like to see how it will be different. Ideally, Data Lab should help me test production items and also do future things. Future releases should be downloadable and testable in Data Lab."
"The initial setup was complex as we had to rewrite a lot of the code."
"Their level of technical support is adequate. It could be better."
Earn 20 points
IBM Planning Analytics is ranked 5th in Business Performance Management with 22 reviews while Teradata Data Lab is ranked 31st in BI (Business Intelligence) Tools. IBM Planning Analytics is rated 8.6, while Teradata Data Lab is rated 8.6. 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 Teradata Data Lab writes "You can schedule any testing you want to do in production". IBM Planning Analytics is most compared with SAP Analytics Cloud, Microsoft Power BI, Anaplan, Jedox and IBM Cognos, whereas Teradata Data Lab is most compared with Teradata Vantage, Databricks, Microsoft Power BI, Tableau and Oracle DataScience.com Platform.
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