Anaplan vs. IBM Cognos Analytics

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Anaplan
Score 8.5 out of 10
Enterprise companies (1,001+ employees)
Anaplan is a scenario planning and analysis platform designed to optimize decision-making in complex business environments so that enterprises can outpace their competition and the market. By building connections and collaboration across organizational silos, the Anaplan platform surfaces key insights.N/A
IBM Cognos Analytics
Score 7.8 out of 10
N/A
IBM Cognos is a full-featured business intelligence suite by IBM, designed for larger deployments. It comprises Query Studio, Reporting Studio, Analysis Studio and Event Studio, and Cognos Administration along with tools for Microsoft Office integration, full-text search, and dashboards.
$10
per month per user
Pricing
AnaplanIBM Cognos Analytics
Editions & Modules
No answers on this topic
On Demand - Standard
USD 10.00
per month per user
On Demand - Premium
USD 42.40
per month per user
On Demand - Standard
USD 10.60
per month per user
Offerings
Pricing Offerings
AnaplanIBM Cognos Analytics
Free Trial
NoYes
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
YesYes
Entry-level Setup FeeOptionalOptional
Additional Details
More Pricing Information
Community Pulse
AnaplanIBM Cognos Analytics
Considered Both Products
Anaplan
Chose Anaplan
Cognos TM1 is an On-Prim tool, compared to Anaplan, the implementation time is more. Also, visualization is more powerful in Anaplan than Cognos TM1.
Chose Anaplan
Definitely a leader in the space. Far ahead in terms of capabilities. On the high end in terms of end user experience.
Chose Anaplan
I feel that Anaplan really has no competition when it comes to implementing connected planning. The biggest reason being that with other solutions, you need consultants to develop. If you know how to develop in Excel and understand the concept of dimensions, then you can …
Chose Anaplan
The only platform with the flexibility that matches Anaplan is Excel. However, excel is not scalable. There are also many great point solutions out there that can do one thing well, but I have not seen anything else that can do as much as Anaplan can, and do it well.
Chose Anaplan
Anaplan has the advantage of multidimensionality and fast calculation engine which is lacking in most of the above. Scenario planning is easier using Anaplan. Anaplan is not an off the shelf tool like most softwares that have been prebuilt to address specific problems/ issues. …
Chose Anaplan
I used other competitors, and I think, overall, Anaplan is a much better solution. It's younger and not a result of older generation solutions that have been adapted over the years and that are much more difficult to learn and customise.
Chose Anaplan
Anaplan logic and formula is easier to understand by end users so they can be more independent when they started to use the tool. Also the self training courses are detailed and practical enough to give end users a better understanding of the functions and what they can achieve …
Chose Anaplan
Anaplan is one of the better cloud-based EPM solutions out there. While it doesn't come with a lot of features/modules out of the box, once you get it up and running it's really powerful. There is a steeper learning curve than some other EPM tools out there which are …
Chose Anaplan
Honestly, having implemented Anaplan at another company, I knew it would suit our needs here and convinced management to get the tool on that basis. We already use a mix of Cognos BI, Tableau, and Excel ... but our need was something apart from what those can provide.
Chose Anaplan
Anaplan was simpler to use and more flexible.
Chose Anaplan
Anaplan handles use cases that involves hierarchy in a much more efficient manner compared to any platform. It is also simple to use and doesn't involve much to do with coding or configuration. From a scalability standpoint, Anaplan exceeds expectations in many ways compared to …
Chose Anaplan
QlikView, I do admit, put complete power into the builder's hands. However it was really complex and script heavy. We just didn't have the expertise to deploy properly and it didn't seem as Finance friendly as it still relied heavily on servers sitting behind IT barriers. Qli…
Chose Anaplan
We believed that Anaplan gave us much greater flexibility while still providing a source of data that we can trust. We were looking for not only a data warehouse with retrieve functionality, but a tool to help us calculate and report. We needed something more robust, so these …
Chose Anaplan
We had been Cognos 10 and Powerplay users with similar multidimensional modeling capabilities. However, it required remote users to have VPN to access which was not always an optimal situation. Being cloud based, Anaplan allows all users to access it through their web browsers …
Chose Anaplan
Anaplan is a quick study and people can build and develop models very rapidly where IBM Cognos TM1 can take much longer. Anaplan cannot handle larger dimensions and sparsely populated cubes and is not as customizable as TM1.
IBM Cognos Analytics

No answer on this topic

Features
AnaplanIBM Cognos Analytics
BI Standard Reporting
Comparison of BI Standard Reporting features of Product A and Product B
Anaplan
7.4
229 Ratings
3% below category average
IBM Cognos Analytics
7.5
129 Ratings
8% below category average
Pixel Perfect reports6.47 Ratings7.3119 Ratings
Customizable dashboards8.0229 Ratings7.7125 Ratings
Report Formatting Templates7.96 Ratings7.4121 Ratings
Ad-hoc Reporting
Comparison of Ad-hoc Reporting features of Product A and Product B
Anaplan
9.1
8 Ratings
12% above category average
IBM Cognos Analytics
7.5
129 Ratings
7% below category average
Drill-down analysis9.18 Ratings7.0126 Ratings
Formatting capabilities9.18 Ratings7.6128 Ratings
Report sharing and collaboration9.18 Ratings8.0122 Ratings
Integration with R or other statistical packages00 Ratings7.491 Ratings
Report Output and Scheduling
Comparison of Report Output and Scheduling features of Product A and Product B
Anaplan
8.4
234 Ratings
3% above category average
IBM Cognos Analytics
8.1
127 Ratings
1% below category average
Publish to Web8.67 Ratings8.327 Ratings
Publish to PDF8.1232 Ratings7.6121 Ratings
Report Versioning8.9203 Ratings8.626 Ratings
Report Delivery Scheduling7.98 Ratings8.0123 Ratings
Delivery to Remote Servers00 Ratings8.112 Ratings
Data Discovery and Visualization
Comparison of Data Discovery and Visualization features of Product A and Product B
Anaplan
8.2
8 Ratings
7% above category average
IBM Cognos Analytics
7.0
116 Ratings
13% below category average
Pre-built visualization formats (heatmaps, scatter plots etc.)9.17 Ratings7.5111 Ratings
Location Analytics / Geographic Visualization9.17 Ratings7.5106 Ratings
Predictive Analytics6.43 Ratings6.6102 Ratings
Pattern Recognition and Data Mining00 Ratings6.439 Ratings
Access Control and Security
Comparison of Access Control and Security features of Product A and Product B
Anaplan
9.2
240 Ratings
8% above category average
IBM Cognos Analytics
7.4
121 Ratings
14% below category average
Multi-User Support (named login)9.18 Ratings7.3118 Ratings
Role-Based Security Model9.4240 Ratings7.4117 Ratings
Multiple Access Permission Levels (Create, Read, Delete)9.18 Ratings6.6116 Ratings
Report-Level Access Control9.589 Ratings7.846 Ratings
Single Sign-On (SSO)9.18 Ratings8.1100 Ratings
Mobile Capabilities
Comparison of Mobile Capabilities features of Product A and Product B
Anaplan
7.6
227 Ratings
0% below category average
IBM Cognos Analytics
6.6
101 Ratings
16% below category average
Responsive Design for Web Access8.2218 Ratings6.895 Ratings
Mobile Application7.5204 Ratings6.785 Ratings
Dashboard / Report / Visualization Interactivity on Mobile7.8212 Ratings7.091 Ratings
Budgeting, Planning, and Forecasting
Comparison of Budgeting, Planning, and Forecasting features of Product A and Product B
Anaplan
8.9
338 Ratings
8% above category average
IBM Cognos Analytics
-
Ratings
Long-term financial planning9.3313 Ratings00 Ratings
Financial budgeting9.4317 Ratings00 Ratings
Forecasting9.2326 Ratings00 Ratings
Scenario modeling9.2328 Ratings00 Ratings
Management reporting7.7327 Ratings00 Ratings
Consolidation and Close
Comparison of Consolidation and Close features of Product A and Product B
Anaplan
7.9
287 Ratings
0% below category average
IBM Cognos Analytics
-
Ratings
Financial data consolidation8.5267 Ratings00 Ratings
Journal entries and reports7.7222 Ratings00 Ratings
Multi-currency management7.312 Ratings00 Ratings
Intercompany Eliminations7.39 Ratings00 Ratings
Minority Ownership7.38 Ratings00 Ratings
Local and consolidated reporting8.2255 Ratings00 Ratings
Detailed Audit Trails8.8268 Ratings00 Ratings
Financial Reporting and Compliance
Comparison of Financial Reporting and Compliance features of Product A and Product B
Anaplan
8.1
308 Ratings
1% above category average
IBM Cognos Analytics
-
Ratings
Financial Statement Reporting8.9285 Ratings00 Ratings
Management Reporting8.3299 Ratings00 Ratings
Excel-based Reporting7.8277 Ratings00 Ratings
Automated board and financial reporting8.214 Ratings00 Ratings
XBRL support for regulatory filing7.31 Ratings00 Ratings
Analytics and Reporting
Comparison of Analytics and Reporting features of Product A and Product B
Anaplan
9.0
328 Ratings
11% above category average
IBM Cognos Analytics
-
Ratings
Personalized dashboards8.3322 Ratings00 Ratings
Color-coded scorecards8.9306 Ratings00 Ratings
KPIs9.120 Ratings00 Ratings
Cost and profitability analysis9.2285 Ratings00 Ratings
Key Performance Indicator setting9.1295 Ratings00 Ratings
Benchmarking with external data9.114 Ratings00 Ratings
Integration
Comparison of Integration features of Product A and Product B
Anaplan
8.4
335 Ratings
1% above category average
IBM Cognos Analytics
-
Ratings
Flat file integration9.3325 Ratings00 Ratings
Excel data integration8.2301 Ratings00 Ratings
Direct links to 3rd-party data sources7.8284 Ratings00 Ratings
Application Program Interfaces (APIs) / Embedding
Comparison of Application Program Interfaces (APIs) / Embedding features of Product A and Product B
Anaplan
-
Ratings
IBM Cognos Analytics
7.5
81 Ratings
2% below category average
REST API00 Ratings7.178 Ratings
Javascript API00 Ratings7.575 Ratings
iFrames00 Ratings8.39 Ratings
Java API00 Ratings6.911 Ratings
Themeable User Interface (UI)00 Ratings7.110 Ratings
Customizable Platform (Open Source)00 Ratings7.87 Ratings
Best Alternatives
AnaplanIBM Cognos Analytics
Small Businesses

No answers on this topic

Yellowfin
Yellowfin
Score 8.8 out of 10
Medium-sized Companies
Centage
Centage
Score 9.5 out of 10
Reveal
Reveal
Score 10.0 out of 10
Enterprises
OneStream
OneStream
Score 8.9 out of 10
Kyvos Semantic Layer
Kyvos Semantic Layer
Score 9.5 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
AnaplanIBM Cognos Analytics
Likelihood to Recommend
8.7
(341 ratings)
7.5
(146 ratings)
Likelihood to Renew
10.0
(36 ratings)
8.2
(30 ratings)
Usability
8.9
(72 ratings)
7.3
(9 ratings)
Availability
8.9
(7 ratings)
8.6
(4 ratings)
Performance
9.1
(7 ratings)
9.0
(5 ratings)
Support Rating
4.3
(27 ratings)
1.0
(9 ratings)
In-Person Training
9.1
(6 ratings)
8.7
(4 ratings)
Online Training
7.7
(6 ratings)
8.0
(4 ratings)
Implementation Rating
9.0
(26 ratings)
7.0
(7 ratings)
Configurability
9.1
(5 ratings)
7.0
(3 ratings)
Ease of integration
9.1
(3 ratings)
5.8
(5 ratings)
Product Scalability
9.2
(7 ratings)
2.8
(4 ratings)
Professional Services
9.1
(1 ratings)
-
(0 ratings)
Vendor post-sale
8.9
(4 ratings)
7.0
(1 ratings)
Vendor pre-sale
8.6
(4 ratings)
7.0
(1 ratings)
User Testimonials
AnaplanIBM Cognos Analytics
Likelihood to Recommend
Anaplan
Anaplan is best suited for strategic planning initiatives in industries like CPG, Manufacturing, FS, Pharma. It can handle multiple use cases for each function in the company like Supply chain, Finance, Sales and more. It is one of the best tools I have seen in scenario modelling. It is not suitable for very detailed level planning, essentially execution level eg. Production scheduling.
Read full review
IBM
IBM Cognos Analytics has great scheduling capabilities. A single report can be parameterized (e.g., “Store Manager ID”) and burst to thousands of recipients with their slice of data.IBM Cognos Analytics is a good fit for highly complex, multi-level calculations which can be handled by Report Studio. For example Monthly balance sheet that requires multi step calculation
Read full review
Pros
Anaplan
  • Anaplan removes the time consuming process of integrating the results of individual spreadsheets.
  • Anaplan facilitates the standardization of assumptions across all sub-processes
  • Anaplan provides full transparency of the calculations and source inputs
  • Anaplan allows us to automate certain planning processes that would have been impossible when relying on the computational capabilities of an individual computer.
Read full review
IBM
  • We can make dozens of dispatchers all focusing on different types of workloads.
  • Friendly user interface, without the need for coding or complicated editing.
  • Highly functionality reporting tools.
  • We can easily create trigger when a certain threshold are met sending reports or alerts to needed parties.
Read full review
Cons
Anaplan
  • Some end users don't spend the required amount of time to familiar themselves with Anaplan.
  • Auditability, while good in theory, can be lacking and clunky when needed.
  • Model building can become convoluted over time, leading to confusion over the specific use of line items.
Read full review
IBM
  • IBM Cognos Analytics enables customer data segmentation, which is essential for marketing, improving and streamlining purchasing behavior and preferences. This helps companies create more targeted and effective marketing campaigns.
  • Our clients Through data analysis, we can identify and observe trends in the behavior of other clients, allowing us to anticipate needs and adjust strategies to avoid consequences.
Read full review
Likelihood to Renew
Anaplan
Anaplan is a very strong multi-dimensional modeling tool that provides a calculation engine to empower a complex planning process. It is fairly easy to learn for those with experience in similar tools, or excel. It forces structure and auditability that spread sheets do not have, along with extensive security capabilities
Read full review
IBM
For an existing solution, renewing licenses does provide a good return on investment. Additionally, while rolling out scorecards and dashboards with little adhoc capabilities, to end users, cognos is very easily scalable. It also allows to create a solution that has a mix of OLAP and relational data-sources, which is a limitation with other tools. Synchronizing with existing security setup is easy too.
Read full review
Usability
Anaplan
Anaplan is interesting because it is at the same time easy to use and difficult to use. An end user can navigate a well-constructed app, being pointed in the right direction every time they feel a slight bit of confusion, and find everything they need in what feels like a straight line. Similarly, a model builder (developer of sorts) can have the exact same experience, but the journey is longer and more complicated. End users have great experiences with Anaplan, but sometimes model builders have a frustrating one. That is not to say model building is hard (because it truly is not), but things change, and when things change in complex systems, the effort required simply to investigate where a model builder needs to make an adjustment may frustrate them but also frustrate their non-technical bosses. However, the reality is that with complicated businesses, complicated business problems, come complicated solutions. It is actually a testament to Anaplan's capabilities that it has taken on the biggest problems at the biggest companies. It may be daunting to adjust it in those environments, but at least you know it did meet the needs there, which is more than most tools can say.
Read full review
IBM
We have a strong user base (3500 users) that are highly utilizing this tool. Basic users are able to consume content within the applied security model. We have a set of advanced users that really push the limits of Cognos with Report and Query Studio. These users have created a lot of personal content and stored it in 'My Reports'. Users enjoy this flexibility.
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Reliability and Availability
Anaplan
There are very few outages. Maintenance is scheduled on two or three Saturdays per month, so as not to affect businesses. When there is an outage, users are kept informed of progress to restore the platform and typically this takes no more than an hour. Anaplan customer support is very responsive if we ever have questions about platform issues
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IBM
Reports can typically be viewed through any browser that can access the server, so the availability is ultimately up to what the company utilizing it is comfortable with allowing, though report development tends to be more picky about browsers and settings as mentioned above. It also has an optional iPad app and general mobile browsing support, but dashboards lack the mobile compatibility. What keeps it from getting a higher score is the desktop tools that are vital to the development process. The compatibility with only Windows when the server has a wide range of compatibility can be a real sore point for a company that outfits its employees exclusively with Mac or Linux machines. Of course, if they are planning on outsourcing the development anyways, it's a rather moot point
Read full review
Performance
Anaplan
Everything is calculated in memory in the cloud. It's nearly instantaneous updates when you make changes. The only time things get a little slow is when you have a massive model with very intricate calculations...but "slow" for Anaplan is not what I would call "slow" for something like Hyperion. We used to have Hyperion calcs that ran for 60 mins before you could use data. The equivalent would be 60 seconds in Anaplan.
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IBM
Overall no major complaints but it doesn't handle DMR (Dimensionally Modeled for Relational) very well. DMR modelling is a capability that IBM Cognos Framework Manager provides allowing you to specify dimensional information for relational metadata and allows for OLAP-style queries. However, the capability is not very efficient and, for example, if I'm using only 2 columns on a 20-column model, the software is not smart enough to exclude 18 columns and the query side gets progressively larger and larger until it's effectively unusable.
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Support Rating
Anaplan
Support quality has dropped since Thoma Bravo has taken over. I think some serious re-focus needs to happen here -- part of the beauty of being in the Anaplan community was how involved you felt in it before. Before I didn't dread sending a support ticket, now I am starting to.
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IBM
Why is their web application not working as fast as you think it should? They never know, and it is always a a bunch of shots in the dark to find out. Trying to download software from them is like trying to find a book at the library before computers were invented.
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In-Person Training
Anaplan
In my opinion, in-person training is always the best if you have the option to do so. This allows real-time interactions with the instructions, whereas the online training I took required me to write-down questions, email them, and wait for responses. This slows down the process, as you can imagine. That said, in-person training is an extra cost and it likely isn't needed for everyone. I would suggest selecting a small number of people to take in-person training and then having them act as mentors to the rest of your team. That way, as the rest of the team takes the online training, they have a resource to help them in real time.
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IBM
Onsite training provided by IBM Cognos was effective and as expected. They did not perform training with our data which was a bit difficult for our end-users.
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Online Training
Anaplan
Anaplan training materials are clear, simple, easy to understand and to follow. Visuals are excellent. The vendor is good at updating training materials in a timely manner and encouraging users and administrators to keep coming back to Academy site for refresher courses or new feature courses. I really like their interactive diagrams
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IBM
The online courses they offer are thorough and presented in such a way that someone who isn't already familiar with the general design methodologies used in this field will be capable of making a good design. The training environments are provided as a fully self contained virtual machine with everything needed already to create the environments. We've had some persisting issues with the environments becoming unavailable, but support has been responsive when these issues arise and straightening them out for us
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Implementation Rating
Anaplan
One key insight from implementing Anaplan is that success comes from focusing on designing the process, not just building the model. Anaplan is extremely flexible—there are very few planning scenarios it cannot support—but that flexibility means the project needs strong governance, clear ownership of requirements, and a well-defined data model. When those foundations are in place, implementations are fast, iterations are easy, and users can quickly see value.
In our projects, both Financial Planning and Integrated Business Planning models were adopted smoothly because we involved business users early, kept the model design intuitive, and leveraged Anaplan’s Excel-like syntax and user-friendly dashboards. The result was more efficient day-to-day work, reduced manual tasks, and increased collaboration across teams. In short: when you combine Anaplan’s flexibility with a structured implementation approach, adoption and value realization happen quickly.
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IBM
Make sure that any custom tables that you have, are built into your metadata packages. You can still access them via SQL queries in Cognos, but it is much easier to have them as a part of the available metadata packages.
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Alternatives Considered
Anaplan
Anaplan is more powerful than Pigment considering that it is an Enterprise class system and is able to manage bigger data sets. Anaplan allows for advanced scenario modeling and formula capabilities along with custom reporting functionalities. Anaplan has proven its capabilities and stability across various use cases and across bigger enterprises when compared to Pigment which is still in earlier phases of its development
Read full review
IBM
My company selected IBM Congos Analytics because of its advanced features and data representation for data analysis. Its row and column features are very effective for creating dashboards and reports to visualize data. It's chart representation and view format are very attractive and useful for representation.
Read full review
Scalability
Anaplan
We have managed to leverage Anaplan for financial planning and forecasting across the business. It is now used by almost every department, with more than 50 users (but I know of companies that have hundreds of users) and still the platform is quick and reliable. It is easy to make changes to divisions and departments or add users and apply different user settings - the core part of the model is not affected and end users can continue their work without any disruption
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IBM
The Cognos architecture is well suited for scalability. However, the architecture must be designed with scalability in mind from day one of the implementation. We recently upgraded from 10.1 to 10.2.1 and took the opportunity to revamp our architecture. It is now poised for future growth and scalability.
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Return on Investment
Anaplan
  • Anaplan's implementation led to a significant reduction in planning cycle errors and bugs, streamlining processes and improving overall accuracy in data inputs
  • Standardizing the planning process and enabling cross-functional collaboration through Anaplan enhanced our ability to adapt swiftly to changing business needs, resulting in improved agility in decision-making
  • The platform's capabilities, especially in Demand Planning and Supply Chain, positively impacted our ROI by optimizing resource allocation and solving complex business problems efficiently across multiple functions
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IBM
  • We use the tool for data modeling as it helps in predictive data analysis for complex data, which is very similar to real-life scenarios.
  • Options of customizing & scheduling reports as per our requirements basis.
  • Has mobile application which works seamless.
  • API integration is not upto the mark with very limited options.
  • Licensing & Maintenance can go from cheap to expensive depending on the scope.
Read full review
ScreenShots

Anaplan Screenshots

Screenshot of a preview of the Anaplan login page.Screenshot of a preview of an Anaplan home page.Screenshot of a preview of an Anaplan board.

IBM Cognos Analytics Screenshots

Screenshot of a natural language query, used in IBM Cognos Analytics to get AI-powered insights from data.Screenshot of AI-generated insights and forecasts that can be added with just a click of a button.Screenshot of a dashboard that can be generated automatically using IBM Cognos Analytics by uploading or selecting data.Screenshot of an AI-generated dashboard from a spreadsheet that was just uploaded. This offers a great starting point for the creative process.Screenshot of where to import data to IBM Cognos Analytics from CSV files and spreadsheets. Users can connect to cloud or on-premises data sources, including SQL databases, Google BigQuery, Amazon, and Redshift.Screenshot of a sample operational dashboard of a coffee shop created using IBM Cognos Analytics.