What users are saying about
Top Rated
170 Ratings
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Top Rated
129 Ratings
Top Rated
170 Ratings
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Score 8.6 out of 100

IBM Planning Analytics

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Top Rated
129 Ratings
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Score 7.8 out of 100

Likelihood to Recommend

Alteryx

I wish I had found and used Alteryx Analytics years ago. Having multiple data sources with a variety of naming conventions for our businesses we spent WEEKS cleaning/reorganizing/renaming fields in our data to be able to consolidate. We did this on one set of reports for one use. Each time we wanted an update this process would need to be repeated. This took tons of useless admin time. Had we had Alteryx we could have created 1 identifier, noted all the different naming conventions or issues, selected the ones we wanted and created the workflow to use it over and over and over again on any data we wanted. Build once - use multiple times. It would have been (and now is) a HUGE time saver. Plus any new anomalies are identified by the program as errors so you can "autocorrect" them in the same workflow. Alteryx is a miracle in my opinion.
Susan Knolla | TrustRadius Reviewer

IBM Planning Analytics

IBM Planning Analytics is a great tool if used in the right way. It offers comprehensive cloud analytics, performance management, and advanced analytics solutions management.It is widely used by organizations of all sizes (small, mid, and large) and across all industry areas.It is available on both on-premises and on-cloud deployments.The organization needs to be more focused on improving the customer support and deployment areas.
Prateek Agarwal | TrustRadius Reviewer

Feature Rating Comparison

BI Standard Reporting

Alteryx
5.5
IBM Planning Analytics
7.0
Pixel Perfect reports
Alteryx
5.0
IBM Planning Analytics
6.9
Customizable dashboards
Alteryx
6.6
IBM Planning Analytics
7.1
Report Formatting Templates
Alteryx
5.0
IBM Planning Analytics
6.9

Ad-hoc Reporting

Alteryx
8.2
IBM Planning Analytics
7.4
Drill-down analysis
Alteryx
8.0
IBM Planning Analytics
7.8
Formatting capabilities
Alteryx
7.9
IBM Planning Analytics
7.2
Integration with R or other statistical packages
Alteryx
8.5
IBM Planning Analytics
7.3
Report sharing and collaboration
Alteryx
8.3
IBM Planning Analytics
7.4

Report Output and Scheduling

Alteryx
7.6
IBM Planning Analytics
7.5
Publish to Web
Alteryx
8.2
IBM Planning Analytics
7.6
Publish to PDF
Alteryx
8.2
IBM Planning Analytics
7.5
Report Versioning
Alteryx
4.0
IBM Planning Analytics
7.6
Report Delivery Scheduling
Alteryx
8.4
IBM Planning Analytics
7.3
Delivery to Remote Servers
Alteryx
9.0
IBM Planning Analytics

Data Discovery and Visualization

Alteryx
7.6
IBM Planning Analytics
7.2
Pre-built visualization formats (heatmaps, scatter plots etc.)
Alteryx
6.0
IBM Planning Analytics
7.5
Location Analytics / Geographic Visualization
Alteryx
8.3
IBM Planning Analytics
7.1
Predictive Analytics
Alteryx
8.5
IBM Planning Analytics
7.1

Access Control and Security

Alteryx
8.0
IBM Planning Analytics
8.0
Multi-User Support (named login)
Alteryx
8.0
IBM Planning Analytics
8.1
Role-Based Security Model
Alteryx
8.0
IBM Planning Analytics
7.9
Multiple Access Permission Levels (Create, Read, Delete)
Alteryx
8.0
IBM Planning Analytics
8.0
Single Sign-On (SSO)
Alteryx
8.0
IBM Planning Analytics
8.2

Mobile Capabilities

Alteryx
4.0
IBM Planning Analytics
7.2
Responsive Design for Web Access
Alteryx
4.0
IBM Planning Analytics
6.9
Dedicated iOS Application
Alteryx
IBM Planning Analytics
7.3
Dedicated Android Application
Alteryx
IBM Planning Analytics
7.3
Dashboard / Report / Visualization Interactivity on Mobile
Alteryx
IBM Planning Analytics
7.3

Budgeting, Planning, and Forecasting

Alteryx
IBM Planning Analytics
8.0
Long-term financial planning
Alteryx
IBM Planning Analytics
8.2
Financial budgeting
Alteryx
IBM Planning Analytics
8.2
Forecasting
Alteryx
IBM Planning Analytics
8.1
Scenario modeling
Alteryx
IBM Planning Analytics
7.8
Management reporting
Alteryx
IBM Planning Analytics
7.7

Consolidation and Close

Alteryx
IBM Planning Analytics
7.4
Financial data consolidation
Alteryx
IBM Planning Analytics
7.5
Journal entries and reports
Alteryx
IBM Planning Analytics
7.0
Multi-currency management
Alteryx
IBM Planning Analytics
7.8
Intercompany Eliminations
Alteryx
IBM Planning Analytics
7.3
Minority Ownership
Alteryx
IBM Planning Analytics
7.1
Local and consolidated reporting
Alteryx
IBM Planning Analytics
7.6
Detailed Audit Trails
Alteryx
IBM Planning Analytics
7.7

Financial Reporting and Compliance

Alteryx
IBM Planning Analytics
7.8
Financial Statement Reporting
Alteryx
IBM Planning Analytics
7.9
Management Reporting
Alteryx
IBM Planning Analytics
7.9
Excel-based Reporting
Alteryx
IBM Planning Analytics
8.3
Automated board and financial reporting
Alteryx
IBM Planning Analytics
7.5
XBRL support for regulatory filing
Alteryx
IBM Planning Analytics
7.3

Analytics

Alteryx
IBM Planning Analytics
7.5
Personalized dashboards
Alteryx
IBM Planning Analytics
7.7
Color-coded scorecards
Alteryx
IBM Planning Analytics
7.4
KPIs
Alteryx
IBM Planning Analytics
7.4
Cost and profitability analysis
Alteryx
IBM Planning Analytics
7.8
Key Performance Indicator setting
Alteryx
IBM Planning Analytics
7.5
Benchmarking with external data
Alteryx
IBM Planning Analytics
7.5

Integration

Alteryx
IBM Planning Analytics
7.9
Flat file integration
Alteryx
IBM Planning Analytics
8.0
Excel data integration
Alteryx
IBM Planning Analytics
8.1
Direct links to 3rd-party data sources
Alteryx
IBM Planning Analytics
7.7

Pros

Alteryx

  • Alteryx does a great job of allowing more beginner Analysts to automate many of their routine process but also allowing advanced Analysts to ability to leverage deep statistical modelling for predictive analytics.
  • Given the visual workflow nature of Alteyrx, the learning curve is not steep.
  • The Alteryx Gallery allows non-technical consumers to execute complex workflows by leveraging an intuitive web interface.
  • Alteryx allows data scientists to bring their own programming language to Altyerx, such as R or Python.
Anonymous | TrustRadius Reviewer

IBM Planning Analytics

  • Cognos TM1 is great for planning, both workforce and financial, as it allows for complex hierarchies to be built and maintained via automated routines and simple scripts.
  • Cognos TM1 ability to directly connect to an external system and extract data allows you to roll your own ETL processes and keep the bottleneck (that is IT) out of your financial consolidation project.
  • Cognos TM1 has the ability to be both cloud based and fully on-premise which is of great for institutions that are cloud adverse and want an alternative Adaptive Analytics.
Anonymous | TrustRadius Reviewer

Cons

Alteryx

  • Sometimes the desktop version of authoring tool crashes! It's been unstable in the previous versions but gets better. Even if it doesn't crash, it used to be slow or not responding.
  • When running several version of database drivers in local machine or server, it is tricky to set up database connections. Often you have to figure out it by googling the problem and solution. There are not many knowledge bases from Alteryx.
  • Alteryx project file creates .bak file automatically. It is useful to prevent for the purpose of back up, sometimes it's not necessary. But it is not changeable for some reason. By default, it always creates backups.
Anonymous | TrustRadius Reviewer

IBM Planning Analytics

  • Dashboard and graphic design needs to be a bit more modern and support services.
  • Support services in all countries are not responsive at all hours.
  • They are constantly changing their name and rebranding, which is a bit complicated to introduce the software to our customers. Imagine Windows changing its name regularly! See this: “ IBM Planning Analytics powered by TM1 (formerly IBM Cognos TM1, formerly Applix TM1, formerly Sniper TM/1).
Ali Kazempour | TrustRadius Reviewer

Likelihood to Renew

Alteryx

Alteryx 6.5
Based on 14 answers
We've developed a working partnership with Alteryx. As an enablement suite, we're continuing to innovate and deliver great products with use of Alteryx in our solutions. Alteryx use expands to our global product development teams and is in use in multiple parts of our organization. Alteryx also delivers Experian demographic content to other clients in their product offering. We're highly likely to renew, but that decision is way above my pay grade.
Mark Frisch | TrustRadius Reviewer

IBM Planning Analytics

IBM Planning Analytics 8.3
Based on 4 answers
Since IBM Cognos Express is suitable only for medium data warehouse environment, we are not sure if this tool solves the long term need as the business keeps growing rapidly. So its a 50/50 ratio to renew Express license. But having said that, the components of IBM Cognos Express are also available in other Cognos BI suites like Cognos 10.x version. So we will probably upgrade our environment to IBM Cognos 10.x which comes with more new features.
Anonymous | TrustRadius Reviewer

Usability

Alteryx

Alteryx 9.5
Based on 4 answers
I found it very easy to use very quickly. Part of it had to do with the training I received from Alteryx and the other part was how intuitive the tool is out of the box. Highly recommended for analysts especially ones with little code experience. Helpful to build basic code skills.
Anonymous | TrustRadius Reviewer

IBM Planning Analytics

IBM Planning Analytics 7.5
Based on 14 answers
Its overall usability is one of the key reasons why we decided to move away from Cognos BI. It is less complicated to use and end-user can more effectively and efficiently use the tool with training and little interaction with IT.
Christopher Thomas | TrustRadius Reviewer

Reliability and Availability

Alteryx

Alteryx 10.0
Based on 2 answers
I use many programs and compared to others, Alteryx virtually never goes down, freezes up or gives an application error. Over a 4 year time period that I have used this program, any of these may have happened 3 times. It is an incredibly stable program that I feel completely confident in.
Dan Chapman | TrustRadius Reviewer

IBM Planning Analytics

No score
No answers yet
No answers on this topic

Support Rating

Alteryx

Alteryx 9.0
Based on 6 answers
Good support, but could have used more when installing the server. Had a minor issue for a long time that took a lot of work to resolve. Other than that, there has been a lot of free training especially when brining on new designer license holders. Support is good overall.
Anonymous | TrustRadius Reviewer

IBM Planning Analytics

IBM Planning Analytics 7.3
Based on 54 answers
Could be better at listening and/or having more interaction to understand the problems reported. We have a bit too much back and forth getting points across to support and achieving their understanding of the problem when an actual conversation would illuminate the issue quicker and more fully.
Charles Cardin | TrustRadius Reviewer

Implementation Rating

Alteryx

Alteryx 10.0
Based on 2 answers
There is really not much to it (the installation, that is). Once you get it installed, along with any of the add-ons (demographics, R, etc.), you are up and running almost immediately. There is really no additional setup. You can immediately begin blending data, running demographics, performing spatial queries, running predictive analysis, etc. And for many of these functions, the learning curve is quite easy.
Dan Chapman | TrustRadius Reviewer

IBM Planning Analytics

No score
No answers yet
No answers on this topic

Alternatives Considered

Alteryx

Talend is primarily for data integration and has quite advanced capabilities. But the user has to be more technical. Alteryx makes the process simple and any user can make use of its features.Tableau was a good choice for data visualization. We needed beautiful charts and ways to represent data. Alteryx falls short in this aspect.
Sanket Bharaswadkar | TrustRadius Reviewer

IBM Planning Analytics

  • TM1 is an in-memory solution which provides on-demand calculations and consolidations with the flexibility to instantly apply hierarchy changes and allows storage and reporting of text.
  • TM1 has an extremely fast ETL tool which can consume most data sources.
  • Cube rules virtually stand alone among the competition.
  • Most competitor products strive to match TM1 performance, flexibility and functionality.
  • As an IBM product, TM1 continues to be integrated into many other "sister" products and has a vast R&D team with deep pocket resources available and committed to continued product development.
Christopher Redmond | TrustRadius Reviewer

Return on Investment

Alteryx

  • Alteryx does an excellent job of integrating consumer and spatial data to calculate and visualize things like locations within a certain drive-time radius.
  • For visualization purposes I had to move the data to excel for some decent graphs.
  • It can become very expensive.
Anonymous | TrustRadius Reviewer

IBM Planning Analytics

  • Increased employee efficiency. Employees have more time to analyze the results because little time is spent gathering or compiling data
  • More accurate forecasts and predictions based on the data due to it's efficiency
  • Better planning for future years based on accurate historical data
Anonymous | TrustRadius Reviewer

Screenshots

Pricing Details

Alteryx

General

Free Trial
Yes
Free/Freemium Version
Premium Consulting/Integration Services
Yes
Entry-level set up fee?
No

IBM Planning Analytics

General

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

Rating Summary

Likelihood to Recommend

Alteryx
9.0
IBM Planning Analytics
8.7

Likelihood to Renew

Alteryx
6.5
IBM Planning Analytics
8.3

Usability

Alteryx
9.5
IBM Planning Analytics
7.5

Reliability and Availability

Alteryx
10.0
IBM Planning Analytics

Support Rating

Alteryx
9.0
IBM Planning Analytics
7.3

Implementation Rating

Alteryx
10.0
IBM Planning Analytics

Scalability

Alteryx
IBM Planning Analytics
9.1

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