What users are saying about

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Top Rated
204 Ratings

Adaptive Insights<a href='https://www.trustradius.com/static/about-trustradius-scoring#question3' target='_blank' rel='nofollow'>Customer Verified: Read more.</a>

Top Rated
204 Ratings
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Score 8.7 out of 101

IBM Analytics Engine

19 Ratings
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Score 7.8 out of 101

Add comparison

Likelihood to Recommend

Adaptive Insights

Adaptive is great if you want to create many what- if scenarios when budgeting and forecasting. Staffing scenarios has been particularly helpful for our HR department when analyze staff needs for future years and analyzing open and unfilled positions over a certain time frame.

Every so often Adaptive's response time when in the system has been slow but Adaptive has rolled out the Elastic Hypercube to take care of that issue.
Gary Grzesiak profile photo

IBM Analytics Engine

  • Well suited for my big data related project or a static data set analysis especially for uploading huge dataset to the cluster.
  • But had some issues with connecting IoT real-time data and feeding to Power BI. It might be my understanding please take it as a mere comment rather than a suggestion.
Prasanna Nattuthurai profile photo

Feature Rating Comparison

BI Standard Reporting

Adaptive Insights
9.3
IBM Analytics Engine
Pixel Perfect reports
Adaptive Insights
9.0
IBM Analytics Engine
Customizable dashboards
Adaptive Insights
10.0
IBM Analytics Engine
Report Formatting Templates
Adaptive Insights
9.0
IBM Analytics Engine

Ad-hoc Reporting

Adaptive Insights
8.0
IBM Analytics Engine
Drill-down analysis
Adaptive Insights
9.0
IBM Analytics Engine
Formatting capabilities
Adaptive Insights
7.0
IBM Analytics Engine
Integration with R or other statistical packages
Adaptive Insights
8.0
IBM Analytics Engine
Report sharing and collaboration
Adaptive Insights
8.0
IBM Analytics Engine

Report Output and Scheduling

Adaptive Insights
8.0
IBM Analytics Engine
Publish to PDF
Adaptive Insights
8.0
IBM Analytics Engine
Report Versioning
Adaptive Insights
8.0
IBM Analytics Engine
Report Delivery Scheduling
Adaptive Insights
8.0
IBM Analytics Engine

Data Discovery and Visualization

Adaptive Insights
7.7
IBM Analytics Engine
Pre-built visualization formats (heatmaps, scatter plots etc.)
Adaptive Insights
7.0
IBM Analytics Engine
Location Analytics / Geographic Visualization
Adaptive Insights
8.0
IBM Analytics Engine
Predictive Analytics
Adaptive Insights
8.0
IBM Analytics Engine

Access Control and Security

Adaptive Insights
9.0
IBM Analytics Engine
Multi-User Support (named login)
Adaptive Insights
9.0
IBM Analytics Engine
Role-Based Security Model
Adaptive Insights
9.0
IBM Analytics Engine
Multiple Access Permission Levels (Create, Read, Delete)
Adaptive Insights
9.0
IBM Analytics Engine

Mobile Capabilities

Adaptive Insights
8.5
IBM Analytics Engine
Responsive Design for Web Access
Adaptive Insights
8.0
IBM Analytics Engine
Dedicated iOS Application
Adaptive Insights
8.0
IBM Analytics Engine
Dedicated Android Application
Adaptive Insights
8.0
IBM Analytics Engine
Dashboard / Report / Visualization Interactivity on Mobile
Adaptive Insights
10.0
IBM Analytics Engine

Budgeting, Planning, and Forecasting

Adaptive Insights
8.6
IBM Analytics Engine
Long-term financial planning
Adaptive Insights
8.9
IBM Analytics Engine
Financial budgeting
Adaptive Insights
8.9
IBM Analytics Engine
Forecasting
Adaptive Insights
9.1
IBM Analytics Engine
Scenario modeling
Adaptive Insights
8.3
IBM Analytics Engine
Management reporting
Adaptive Insights
8.1
IBM Analytics Engine

Consolidation and Close

Adaptive Insights
7.5
IBM Analytics Engine
Financial data consolidation
Adaptive Insights
7.9
IBM Analytics Engine
Journal entries and reports
Adaptive Insights
5.6
IBM Analytics Engine
Multi-currency management
Adaptive Insights
7.6
IBM Analytics Engine
Intercompany Eliminations
Adaptive Insights
7.5
IBM Analytics Engine
Minority Ownership
Adaptive Insights
7.1
IBM Analytics Engine
Local and consolidated reporting
Adaptive Insights
8.3
IBM Analytics Engine
Detailed Audit Trails
Adaptive Insights
8.6
IBM Analytics Engine

FInancial Reporting and Compliance

Adaptive Insights
8.3
IBM Analytics Engine
Financial Statement Reporting
Adaptive Insights
9.0
IBM Analytics Engine
Management Reporting
Adaptive Insights
8.6
IBM Analytics Engine
Excel-based Reporting
Adaptive Insights
8.5
IBM Analytics Engine
Automated board and financial reporting
Adaptive Insights
8.5
IBM Analytics Engine
XBRL support for regulatory filing
Adaptive Insights
7.0
IBM Analytics Engine

Analytics

Adaptive Insights
7.6
IBM Analytics Engine
Personalized dashboards
Adaptive Insights
7.3
IBM Analytics Engine
Color-coded scorecards
Adaptive Insights
6.8
IBM Analytics Engine
KPIs
Adaptive Insights
8.0
IBM Analytics Engine
Cost and profitability analysis
Adaptive Insights
8.1
IBM Analytics Engine
Key Performance Indicator setting
Adaptive Insights
8.0
IBM Analytics Engine
Benchmarking with external data
Adaptive Insights
7.3
IBM Analytics Engine

Integration

Adaptive Insights
8.6
IBM Analytics Engine
Flat file integration
Adaptive Insights
8.4
IBM Analytics Engine
Excel data integration
Adaptive Insights
8.7
IBM Analytics Engine
Direct links to 3rd-party data sources
Adaptive Insights
8.7
IBM Analytics Engine

Pros

  • Financial Reporting - Building financial statements in OfficeConnect is a breeze! They are quick and easy to update on a monthly basis! The HTML reporting within Adaptive Insights is also particularly useful for department and adhoc reports!
  • Budgeting/Forecasting - Being able to budget/forecast within Adaptive Insights has significantly cut down on the time it takes to budget by utilizing formulas and assumptions within the model! We reforecast quarterly, and with Adaptive Insights, it's painless when compared to the Excel forecasting we did previously.
  • Cash Flow Statement - Creating this for the annual audit was painful before Adaptive Insights! Now, it's a simple export from Adaptive Insights.
  • Dashboards - The dashboards that can be created are endless and provide valuable insight for our executives in real-time!
Denise Lewis profile photo
  • Simple to implement
  • Good support from IBM
  • Easy to use
  • Widely used for Big data implementation
Prasanna Nattuthurai profile photo

Cons

  • The layout of the various reporting options could be displayed in a more user-friendlier way. It's a bit difficult to locate where to find the reports.
  • I'm finding that the drill down feature from the monthly financials section is not as convenient as it should be.
  • The exporting to Excel or PDF format is a bit off - it's time consuming to manipulate the excel to a regular paper size.
Jessalyn Ka profile photo
  • Even for L4 level support, assistance could have been more prompt. Since we are doing this for master level research all the students faced an issue when there was a MIGRATION to a newer version of the analytical engine, which doesn't let us take cmd line.
  • The explanation was not clear enough when a problem is resolved followed by a service request. Apart from being confidential, it's better for the students to understand why an issue occurs and what steps were take to resolve it.
Prasanna Nattuthurai profile photo

Likelihood to Renew

Adaptive Insights8.5
Based on 32 answers
We have renewed this a number of times. It fits our business model and it is now an integral part of our organization.
Harry Vasels profile photo
No score
No answers yet
No answers on this topic

Usability

Adaptive Insights7.7
Based on 75 answers
I think that it is very intuitive and once you get to know the system it is very user-friendly.The reporting module is especially impressive with the drag and drop reporting - our business really loves this.The system looks modern and "smart" and I never hesitate to show it off to stakeholders across the business.Some of the "back end" formula set up can sometimes involve lots of heavy lifting as a power user.
Andy Clifton profile photo
No score
No answers yet
No answers on this topic

Reliability and Availability

Adaptive Insights9.1
Based on 9 answers
We have not experienced issues when we are accessing the system.
Gary Sabulski profile photo
No score
No answers yet
No answers on this topic

Performance

Adaptive Insights9.1
Based on 4 answers
Product performs well when making and saving changes and navigating between pages within the application
Andrew Rosenberg profile photo
No score
No answers yet
No answers on this topic

Support

Adaptive Insights6.8
Based on 11 answers
Support requests are always handled promptly and resolved favourably.Many user support requests arise during initial deployment and use and often represent questions relating to best methods or how to approach their particular situation, which we gladly assist with as we provide the appropriate skills transfer training and assistance.As clients become more knowledgeable in working with the product suite then they tend not to ask many questions.
Greg Clarke profile photo
No score
No answers yet
No answers on this topic

Online Training

Adaptive Insights8.2
Based on 6 answers
Training receives the highest rating due to the availability of Webex training from an expert at Adaptive, with several sessions tailored to specific features including personnel, capital, formulas, reporting, etc
Andrew Rosenberg profile photo
No score
No answers yet
No answers on this topic

Implementation

Adaptive Insights8.2
Based on 13 answers
Our implementation was non eventful and we were very satisfied with the overall experience.
Gary Sabulski profile photo
No score
No answers yet
No answers on this topic

Breadth of Deployment

It is used throughout the company in different divisions and at our corporate level. When used in a division recently the personnel from different departments directly inputted data and monitored their budget against actual. It is very user friendly and flexible.
Harry Vasels profile photo
No answers on this topic

Alternatives Considered

We previously only used Excel for budgeting and reporting. We now use Adaptive for all budgeting and use an add-on product called Office Connect to build reports that automate our data each month. We find the Office Connect reporting a little more user-friendly than the in-house reporting feature.
Amy Kee, CPA profile photo
  • I have been using Azure for my previous analysis, I had a difficult time in understanding the Analytics engine rather IBM provided step by step tutorial for setup.
  • Also turning off a machine was not an option in Azure for some of the services so I had to pay for the service whether I use it or not
Prasanna Nattuthurai profile photo

Collaboration and Sharing

Adaptive Insights7.5
Based on 17 answers
This is one of the best features as personnel in different areas at different sites can work together on the budget, forecast or "what-if" models.
Harry Vasels profile photo
No score
No answers yet
No answers on this topic

Data Integration

Adaptive Insights7.6
Based on 17 answers
We have used Adaptive for years and it works well as we adapt to changing business scenarios. We can make changes and see potential impacts to our business before they occur.
Harry Vasels profile photo
No score
No answers yet
No answers on this topic

Scalability

Adaptive Insights9.1
Based on 7 answers
Adaptive is the leader and is very progressive with the product improvements that they provide.
Gary Sabulski profile photo
No score
No answers yet
No answers on this topic

Return on Investment

  • Cycle time for processing financial statements, budgets, and forecasts are greatly reduced.
  • Visibility of company metrics and drivers has been increased across the company.
  • The ease and ability to quickly create multiple forecasts using different scenarios is now available.
Jack Kersjes profile photo
  • This is a research project so nonprofit, but its easy to use and teach others
Prasanna Nattuthurai profile photo

Screenshots

Pricing Details

Adaptive Insights

General
Free Trial
Yes
Free/Freemium Version
Premium Consulting/Integration Services
Yes
Entry-level set up fee?
Optional
1.  per seat, per installation
Additional Pricing Details

Adaptive Insights More Information

IBM Analytics Engine

General
Free Trial
Free/Freemium Version
Premium Consulting/Integration Services
Entry-level set up fee?
No
Additional Pricing Details

IBM Analytics Engine More Information