• Home
  • IBM Planning Analytics vs. ThingWorx Analytics

IBM Planning Analytics vs ThingWorx Analytics comparison

Cancel
You must select at least 2 products to compare!
IBM Logo

IBM Planning Analytics

Read 21 IBM Planning Analytics reviews
2,270 views|1,328 comparisons
94% willing to recommend
PTC Logo

ThingWorx Analytics

11 views|8 comparisons
Comparison Buyer's Guide
Download the complete report
Buyer's Guide
Business Performance Management
March 2024
Executive Summary

We performed a comparison between IBM Planning Analytics and ThingWorx Analytics 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).
Download the complete report
768,886 professionals have used our research since 2012.
Featured Review
Gnanavel-Chakkarapani
Can easily create dashboards and helps businesses improve forecasting accuracy
Use ThingWorx Analytics?
Quotes From Members
We asked business professionals to review the solutions they use.
Here are some excerpts of what they said:
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 →

    Information Not Available
    report
    See Which Vendors Are Best For You
    Use our free recommendation engine to learn which Business Performance Management solutions are best for your needs.
    See Recommendations
    768,886 professionals have used our research since 2012.
    Questions from the Community
    What do you like most about IBM Planning Analytics?
    Top Answer:The product's stability is good.
    Read all 11 answers   →
    What is your experience regarding pricing and costs for IBM Planning Anal...
    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 »
    Read all 8 answers   →
    What needs improvement with IBM Planning Analytics?
    Top Answer:The local authentication part is difficult to manage in the product, making it an area where improvements are required.
    Read all 11 answers   →
    Ask a question

    Earn 20 points

    Ranking
    6th
    out of 41 in Business Performance Management
    Views
    2,270
    Comparisons
    1,328
    Reviews
    4
    Average Words per Review
    325
    Rating
    9.3
    4th
    out of 5 in M2M Application Development Platform
    Views
    11
    Comparisons
    8
    Reviews
    0
    Average Words per Review
    0
    Rating
    N/A
    Comparisons
    Also Known As
    Cognos TM1, IBM Cognos TM1
    ColdLight
    Learn More
    IBM
    PTC
    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.

    ThingWorx Analytics helps enterprises find solutions to their IoT data challenges by enabling them to monitor edge devices and provide real-time pattern and anomaly detection on real-time data streams. It also helps improve future performance and results with automated prescriptions and simulations. This tool requires the ThingWorx Analytics Server.

    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
    Furtwangen University, Elisa, DeviceLynk, LumenData
    Top Industries
    REVIEWERS
    Computer Software Company25%
    Non Tech Company13%
    Real Estate/Law Firm13%
    Leisure / Travel Company13%
    VISITORS READING REVIEWS
    Educational Organization43%
    Financial Services Firm10%
    Computer Software Company7%
    Manufacturing Company5%
    VISITORS READING REVIEWS
    Manufacturing Company28%
    Healthcare Company8%
    Financial Services Firm8%
    Energy/Utilities Company7%
    Company Size
    REVIEWERS
    Small Business58%
    Midsize Enterprise17%
    Large Enterprise25%
    VISITORS READING REVIEWS
    Small Business11%
    Midsize Enterprise47%
    Large Enterprise43%
    VISITORS READING REVIEWS
    Small Business15%
    Midsize Enterprise17%
    Large Enterprise68%
    Buyer's Guide
    Business Performance Management
    March 2024
    Download Free Report
    Find out what your peers are saying about Anaplan, Oracle, Jedox and others in Business Performance Management. Updated: March 2024.
    DOWNLOAD NOW
    768,886 professionals have used our research since 2012.

    IBM Planning Analytics is ranked 6th in Business Performance Management with 21 reviews while ThingWorx Analytics is ranked 4th in M2M Application Development Platform. IBM Planning Analytics is rated 8.6, while ThingWorx Analytics is rated 0.0. The top reviewer of IBM Planning Analytics writes "Can easily create dashboards and helps businesses improve forecasting accuracy". On the other hand, IBM Planning Analytics is most compared with SAP Analytics Cloud, Microsoft Power BI, Anaplan, Jedox and IBM Cognos, whereas ThingWorx Analytics is most compared with Microsoft Power BI, Databricks and Tableau.

    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.