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IBM Planning Analytics pros and cons

Vendor: IBM
4.2 out of 5

Pros & Cons summary

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Prominent pros & cons

PROS

IBM Planning Analytics excels in slicing and dicing data, enabling quick data navigation and analysis.
The in-memory architecture allows for fast calculations, enhancing performance efficiency.
Design flexibility with data rules and defining calculations increases adaptability and utility.
Seamless Excel integration enhances ease of use and offers additional functionalities beyond standard spreadsheets.
Stability and robustness help streamline planning processes with a unified database for centralized data management.

CONS

Scalability is challenging to implement on IBM Planning Analytics, and it requires significant improvements.
Transport layer improvements are needed for better promotion of development between environments in IBM Planning Analytics.
IBM Planning Analytics would benefit from including features for prediction and feature engineering regarding predictive models.
IBM Planning Analytics tends to release new versions frequently, impacting quality, and the tool is also considered expensive.
Automation features could improve IBM Planning Analytics, making it more efficient for users.
 

IBM Planning Analytics Pros review quotes

reviewer1375443 - PeerSpot reviewer
FP&A Manager at a leisure / travel company with 501-1,000 employees
Jul 12, 2020
The most valuable feature is that it is able to slice and dice the data.
reviewer1236651 - PeerSpot reviewer
Accounting Services Finance Manager M&S at a hospitality company with 10,001+ employees
Oct 29, 2020
All the different platforms are well integrated.
reviewer1484589 - PeerSpot reviewer
Expert EPM (TM1 Cognos BI) at a tech services company with 201-500 employees
Jan 25, 2021
Navigating through the data to make analysis is really quick.
Learn what your peers think about IBM Planning Analytics. Get advice and tips from experienced pros sharing their opinions. Updated: December 2025.
879,259 professionals have used our research since 2012.
reviewer890292 - PeerSpot reviewer
Systems Analyst at a computer software company with 1,001-5,000 employees
Oct 5, 2021
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.
Dirk Boeckmann - PeerSpot reviewer
Executive Partner at Beat2Lead GmbH
Feb 2, 2022
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.
SO
President & Co-Founder at VERSATIL BPI INC
Feb 8, 2022
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
GC
Junior Consultant at CMA CGM
Sep 19, 2022
Planning Analytics' best features include automatic updates and slicing.
VM
Managing Consultant at Cubewise
Apr 14, 2023
It's a very stable, robust product.
PL
Senior BI Consultant at T.C.C. Technology Company Limited
Jun 9, 2023
The tool is flexible.
reviewer2260485 - PeerSpot reviewer
Director at a tech services company with 11-50 employees
Aug 21, 2023
IBM Planning Analytics is easy to use and deploy. It is quick to develop. The calculation machine is also very fast.
 

IBM Planning Analytics Cons review quotes

reviewer1375443 - PeerSpot reviewer
FP&A Manager at a leisure / travel company with 501-1,000 employees
Jul 12, 2020
It's wonky, and not super user-friendly with Excel.
reviewer1236651 - PeerSpot reviewer
Accounting Services Finance Manager M&S at a hospitality company with 10,001+ employees
Oct 29, 2020
Extracting data is a little slow.
reviewer1484589 - PeerSpot reviewer
Expert EPM (TM1 Cognos BI) at a tech services company with 201-500 employees
Jan 25, 2021
It would have been better if the solution was not just a tool kit.
Learn what your peers think about IBM Planning Analytics. Get advice and tips from experienced pros sharing their opinions. Updated: December 2025.
879,259 professionals have used our research since 2012.
reviewer890292 - PeerSpot reviewer
Systems Analyst at a computer software company with 1,001-5,000 employees
Oct 5, 2021
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.
Dirk Boeckmann - PeerSpot reviewer
Executive Partner at Beat2Lead GmbH
Feb 2, 2022
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.
SO
President & Co-Founder at VERSATIL BPI INC
Feb 8, 2022
It is a bit expensive, but it does the job.
GC
Junior Consultant at CMA CGM
Sep 19, 2022
Planning Analytics could be improved by adding automation features.
VM
Managing Consultant at Cubewise
Apr 14, 2023
The dashboard is very poor and needs a lot of improvement.
PL
Senior BI Consultant at T.C.C. Technology Company Limited
Jun 9, 2023
The tool should include features for prediction. It can also improve the scalability.
reviewer2260485 - PeerSpot reviewer
Director at a tech services company with 11-50 employees
Aug 21, 2023
The tool's transport layer could be improved when promoting development between environments.