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IBM Planning Analytics with Watson Logo

IBM Planning Analytics with Watson

4.2
(12)

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Planning, budgeting, forecasting, analysis & scorecarding

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(3)

IBM Planning Analytics with Watson Pricing, Features, Reviews and Alternatives

IBM Planning Analytics with Watson FAQs

Q. What type of pricing plans does IBM Planning Analytics with Watson offer?

IBM Planning Analytics with Watson has the following pricing plans:
Pricing model: Subscription
Free Trial: Available

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Q. Who are the typical users of IBM Planning Analytics with Watson?

IBM Planning Analytics with Watson has the following typical customers:
Large Enterprises, Mid Size Business, Non Profit, Public Administrations, Small Business

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Q. What languages does IBM Planning Analytics with Watson support?

IBM Planning Analytics with Watson supports the following languages:
English, Spanish, German, French, Portuguese, Portuguese, Portuguese, Chinese (Simplified), Chinese (Traditional), Italian, Japanese, Korean, Polish, Arabic, Russian, Turkish

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Q. Does IBM Planning Analytics with Watson support mobile devices?

IBM Planning Analytics with Watson supports the following devices:
Android, iPad, iPhone

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Q. Does IBM Planning Analytics with Watson offer an API?

No, IBM Planning Analytics with Watson does not have an API available.

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Q. What other apps does IBM Planning Analytics with Watson integrate with?

IBM Planning Analytics with Watson integrates with the following applications:
Microsoft Excel

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Q. What level of support does IBM Planning Analytics with Watson offer?

IBM Planning Analytics with Watson offers the following support options:
Phone Support, Email/Help Desk, 24/7 (Live rep)

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IBM Planning Analytics with Watson product overview

What is IBM Planning Analytics with Watson?

IBM Planning Analytics is an enterprise-level business intelligence solution offering cloud-based deployment for organizations of all sizes and across all sectors. Promising the powerful automation over the discovering of actionable insights, IBM Planning Analytics crucially supports planning, budgeting, forecasting and scorecarding processes. Built on IDM TM1’s renowned OLAP engine, the product also gives business users access to self-service analytics while multidimensional modelling adds flexibility for finance teams. Finance-owned planning tools again allow organizations to leverage predictive insights when steering business decisions.

Key benefits of using IBM Planning Analytics with Watson

  • IBM Planning Analytics harnesses business intelligence data to automate the generation of insights for planning, budgeting and forecasting.


  • Boasting a customizable planning workspace, the system provides access to quick-start templates adaptable to better reflect particular business requirements.


  • Derive predictive insights automatically from business data before leveraging “what-if” scenarios to analyze assumptions and forecast strategic results.


  • Alongside the software’s own intuitive tabbed-based interface, users can also switch seamlessly across to Microsoft Excel’s familiar workspace where desired.


  • Powered by the the Online Analytical Processing (OLAP) engine of IBM TM1, IBM Planning Analytics is an Enterprise-class solution suitable for organizations of any scale.
  • Typical customers

    Freelancers
    Small businesses
    Mid size businesses
    Large enterprises

    Platforms supported

    Web
    Android
    iPhone/iPad

    Support options

    Phone Support
    Email/Help Desk
    24/7 (Live rep)

    Training options

    Webinars
    Live Online
    In Person
    Documentation

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    IBM Planning Analytics with Watson logo

    IBM Planning Analytics with Watson

    4.2
    (12)

    Starting from

    ic-pricetag

    No pricing info

    Free plan
    Free trial
    Pricing range

    Starting from

    9.80

    /user

    Per month

    Free plan
    Free trial
    Pricing range
    Ease of use
    Value for money
    Customer support
    Ease of use
    Value for money
    Customer support
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    IBM Planning Analytics with Watson pricing information

    Value for money

    4.2

    /5

    12

    Starting from

    ic-pricetag

    No pricing info

    Pricing options

    Free plan
    Subscription
    Free trial
    Pricing range

    Value for money contenders

    IBM Planning Analytics with Watson features

    Functionality

    4.6

    /5

    12

    Total features

    27

    4 categories

    Most valued features by users

    Reporting/Analytics
    "What If" Scenarios
    Ad hoc Reporting
    Asset Lifecycle Management
    Budgeting/Forecasting
    Cash Management
    Consolidation/Roll-Up
    Customizable Templates

    Functionality contenders

    IBM Planning Analytics with Watson users reviews

    Overall Rating

    4.2

    /5

    12

    Positive reviews

    Rating breakdown
    • Value for money
    • Ease of use
    • Features
    • Customer support
    • Likelihood to recommend8.08/10
    Rating distribution

    5

    4

    3

    2

    1

    6

    4

    1

    1

    0

    Pros
    IBM Cognos TM 1 is the best solution for budgetting & modelling; it has a strong adherence to each budgetting process due to its flexibility.
    TM1 is a great tool to have as long as the organization's system interfacing are setup to work reliably and the databases are designed to interface with each other.
    We spoke with a guy named Steve once that fixed us up perfectly. Thank you IBM and thank you Steve.
    Cons
    This is really a planning, budgeting, and forecasting tool. Deviating too far away from it will cause problem.
    Bit difficult to setup, no more articles over the internet, you need to ask some techies for one time setup. Later anyone can handle it.
    Comparing to other software, IBM Planning Analytics lack of new features in the recent couple of years.

    Overall rating contenders

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    Gerson M.

    Used other for 1-2 years

    Review source

    Overall Rating
    • Value for money
    • Ease of use
    • Features
    • Customer support
    • Likelihood to recommend7/10

    Share this review:

    Trustworthy as TM1

    Reviewed 5 years ago

    Predictive insights uncovered automatically with just a few clicks

    Pros

    It's powered by TM1 another great solution of IBM. Eliminate manual tasks derived from the constant and tedious use of spreadsheets. It provides dynamic planning and analytics workspace to model real-time scenarios. Once I export it to Excel as a formula driven file, all I have to do is edit the cell that it is pulling from and the result will vary depending of the desired result.

    Cons

    Must wait some time while files are processed. Also penalize heavily errors. But once is set the results are great.

    AR
    AvatarImg

    Verified reviewer

    Banking, 10,001+ employees

    Used daily for 2+ years

    Review source

    Overall Rating
    • Value for money
    • Ease of use
    • Features
    • Customer support
    • Likelihood to recommend9/10

    Share this review:

    Great CPM enterprise software

    Reviewed 3 years ago

    We had great experience using IBM Planning analytics implementing the workforce planning, and marketplace planning. It is stable and robust, supporting enterprise level planning and forecasting. The integration with cognos analytics make the reporting side easier.

    Pros

    1. Good performance especially the enhanced processing engine in the recent versions; 2. Robust reporting capability and integration with other IBM software such as IBM Cognos Analytics and Microsoft office; 3. Capability of integration with Watson and SPSS.

    Cons

    1. Although feeds and rules are the cores of IBM Planning Analytics, it makes the developer really hard to design and troubleshooting, wondering if the complexity can be encapsulated with a more business driven approach; 2.Comparing to other software, IBM Planning Analytics lack of new features in the recent couple of years.

    PS
    AvatarImg

    Paul S.

    Accounting, self-employed

    Used daily for 2+ years

    Review source

    Overall Rating
    • Value for money
    • Ease of use
    • Features
    • Customer support
    • Likelihood to recommend8/10

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    IBM Planning Analytics for Planning and Reporting in Finance Depts

    Reviewed a month ago

    I have built complex models in TM1 for both Management and Statutory Accounts. I have built planning models in areas such as property valuations, ship building project costing, airline route profitability, currency conversion, activity based costing, public finance initiative scenario comparison, etc

    Pros

    TM1 aka Planning Analytics will consolidate data in real-time. As soon as a budget figure is changed at the bottom of the hierarchy you can see the impact of that change on all higher level numbers, and on any related values for which calculations can be defined in its rules language. It can easily cope with Currency Conversion, Rate based Planning, Allocations, Activity Based Costing, etc. The multi-cube...

    Cons

    The Planning Analytics Workbench PAW is not as capable as Power BI for Dashboarding. However, the modelling and planning capabilities of TM1 are superior to those of Power BI.

    MB
    AvatarImg

    Michael B.

    Primary/Secondary Education,

    Review source

    Overall Rating
    • Value for money
    • Ease of use
    • Features
    • Customer support
    • Likelihood to recommend8/10

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    IBM Cognos TM-1

    Reviewed 7 years ago
    Pros

    This product allows our Finance team to forecast. Being able to tie the data to our data warehouse allows our users to slice and dice the data they way that they need.

    Cons

    This product is hard to maintain at times. Being a place that doesn't have trained individuals on how to use this, we have to turn to outside vendors to help us out quite a bit. Doesn't seem to intuitive and is hard to finds information on the internet.

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    Alaister L.

    Information Technology and Services, 11-50 employees

    Used daily for 6-12 months

    Review source

    Overall Rating
    • Value for money
    • Ease of use
    • Features
    • Customer support
    • Likelihood to recommend7/10

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    Excellent budget planning tool

    Reviewed 9 months ago

    We have a good experience using it to do budget planning, analysis and forecasting.

    Pros

    The Excel integration helps us make budget planning and reports. The automated data processing tool is very useful and flexible.

    Cons

    The learning curve is a little bit high due to lack of documentation. At first, we found this tool difficult to use.

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