We've had several FP&A departments include Anaplan in their analytics discussions, and while BI information IS generated, the focus is generally on compiling input from various sources and simultaneous users to speed the planning process. We see Anaplan competing with Host Analytics, Hyperion, Adaptive, that sort of thing.
BI evaluations generally include Qlik, Tableau and whatever the team used at a previous job posting. We do sometimes recommend Power BI but only if the team is willing to put the budget behind it to properly implement and design. (Lots of companies operate on the 'we're a Microsoft shop' theory and try to set it up themselves - which is fine if your IT guys are also data scientists but kinda sucks otherwise.)
So - in our customer base, which is a limited sample set but we're working on that, we don't see Board and Anaplan in the same evaluations - not to say that we shouldn't, just that we haven't.
So your choice is Board's BI and CPM capabilities, vs Anaplan's FP&A and BI features. As is always the case, whichever specific capability or feature set offers more defined, measurable ROI in your companies' particular situation determines 'better'.
I would say that Board and Anaplan are mainly used for FP&A and not BI.
As a small company, I would suggest using either Power BI or ThoughtSpot. With Power BI you will need some technical, data, analytical expertise either in-house or from a 3rd party. ThoughtSpot MSP may be the answer depending on your use case as there are packages around smaller organizations where you pay for the software already hosted on AWS and services included, all you need to do is provide data, it will be modelled as part of the service then you can search across the data as much as you want. I have a good example of a non for profit organisation using this.
I'm happy to help if you would like some further advice.
Usually, we say Board provides lots of toolkits to achieve both CPM and BI. But, the Anaplan mainly focuses on CPM solutions.
If the enduser doesn't have any existing planning strategy, maybe they can refer to Anaplan solution directly and easily.
If the enduser already has a clear planning strategy, and they just want to find a tool to achieve it, maybe Board is a better choice because its smart toolkits can be used easily and give more possibilities.
BTW, if you want to fully use the BI function (colourful charts, dashboard, multi-dimensional analysis), Board will be absolutely better.
I work at a large financial organization.
I have been wondering what types of problems (=use cases) can be solved/optimized using the Edge AI technology in industries such as Banking and Finance, Power and Land and Agriculture?
I appreciate your thoughts and suggestions. Read More »
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