IBM Planning Analytics - all you need for proper analysis and planning.
July 17, 2023
IBM Planning Analytics - all you need for proper analysis and planning.
Score 10 out of 10
Vetted Review
Overall Satisfaction with IBM Planning Analytics
IBM Planning Analytics is the most versatile, performant, scalable and flexible multi-dimensional OLAP engine on the market that allows the building of analytical business applications for reprorting, planning and modelling. With its highly flexible engine it allows to build solutions that are well suited for all sorts of business sizes. Having implemented IBM Planning Analytics solutions with hundreds of customers around the globe, we have seen the power of the engine on how it solves real business problems, without having to compromise on complexity due to technical limitations. In combination with a business partner that knows the tool well, clients will be able to do driver-based planning, what-if scenario modelling, AI-infused planning and analytics, self-service analytics and so much more. Wheter in Finance or in Operations, IBM Planning Analytics is well catered to support the analytical requirements of each department at any scale and size.
Pros
- Handle very large data volumes.
- Scale to a large number of users.
- Not having to compromise on business complexity.
- It can be run by business users.
- Availability of highly qualified consultants to support businesses.
- REST API allows for an open eco system and a variety of solutions to extend the product.
- Vast integration possibilities.
- AI-infused engine with IBM Watson.
Cons
- Developer User Interface.
- Tools to monitor, maintain and run applications.
- Time saved on planning was reduced by more than 30%.
- Forecast accuracy increased materially.
- Collaboration between departments improved.
- Planning at granularity is required.
Both scenario planning or what-if analysis are key to proper FP&A or xP&A. IBM Planning Analytics provides the right tool set to do all required modelling for integrated financial planning using drivers, KPIs and not having to compromise on complexity. The flexibility of IBM Planning Analytics allows to create versioning and sandboxing to driver scenario and what-if modelling, managed by the end user without involvment of IT.
- Jedox, Board and SAP BPC (Business Planning and Consolidation)
Do you think IBM Planning Analytics delivers good value for the price?
Yes
Are you happy with IBM Planning Analytics's feature set?
Yes
Did IBM Planning Analytics live up to sales and marketing promises?
Yes
Did implementation of IBM Planning Analytics go as expected?
Yes
Would you buy IBM Planning Analytics again?
Yes
Comments
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