Anaplan vs IBM Planning Analytics with Watson

• Allows the business to link different planning streams into one place
• Gives users a single source to view data, no more comparing offline templates in excel
• Intuitive new UX that allows us to be more customizable when tailoring to needs of end-users

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• 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.

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• Enablement -- Anaplan should invest more in both its training capability and training content. Anaplan is not the most difficult tool to learn, but having more foundation in this area would make the ramp-up process significantly easier
• Storage -- Anaplan is not a data warehouse. This is understandable given data warehousing is not their primary value proposition, but many times we run close to the storage limits of Anaplan, and it would be great if Anaplan had different storage size options for its workspaces.
• User Interface -- Anaplan's user interface could be streamlined and improved to become more intuitive and accommodate more shortcut keys.

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• The ETL tool (Turbo Integrator) is very powerful, but a bit clunky: It has no debugging tool provided and doesn't even offer a simple Find function. As a result, many developers use Notepad++ with a Language template to assist in development.
• Cube rules are an extremely powerful tool that is hard to match in the industry. The problem here is similar to TI, there is no debugging tool available, though the Rules Editor at least provides a Find/Replace function.
• The relatively new Performance Modeler (PM) has some nice features and can be a nice tool as a replacement for Turbo Integrator (TI) and Rules. The problem is that once you develop with PM, you cannot go back to TI or the Rules Editor and you cannot "tweek" the PM code to improve performance or allow for exceptions or special circumstances that the PM interface does not handle.

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• Anaplan has been good to plan future fiscal years, by doing the planning in here and seeing the financial impact certain variables can produce it is easier to make decisions within the company such as hiring, eliminating certain costs etc., to achieve the financial results as set in the company goals.
• Dashboards have been really helpful for the financial executives as very specific data can be analysed and presented in the dashboards focused to specific financial teams, so it is easier to see the actual results and forecasts.
• On the negative side, since Anaplan is a complex tool to handle, it is better to have a dedicated resource or resources to the handling in Anplan. Regular business analysts could not handle their regular tasks and doing complex configurations in Anaplan without the help of well trained Anaplan resources, extra dedicated resources are needed to work with Anaplan.

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• 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

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