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Coremetrics / IBM Digital Analytics (discontinued) vs. Lucanet

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    Overview
    ProductRatingMost Used ByProduct SummaryStarting Price

    Coremetrics / IBM Digital Analytics (discontinued)

    Score9.1 out of 10
    N/ABased on the former Coremetrics, IBM Digital Analytics is a discontinued analytics product. IBM acquired Coremetrics in 2010, and re-branded the platform to the IBM Digital Marketing Optimization Solution. Product support was ultimately provided by Acoustic, but the product is not a part of the company's plans going forward.N/A

    Lucanet

    Score6 out of 10
    N/ALucanet is a CFO Solution Platform for finance leaders. By uniting, standardized, compliance-ready insights in one SaaS platform, Lucanet’s solution aims to enable CFOs to lead with ease. Lucanet provides users transparent data and intelligent workflows to manage their strategic and reporting needs.N/A
    Pricing
    Coremetrics / IBM Digital Analytics (discontinued)Lucanet
    Editions & Modules
    No answers on this topic
    No answers on this topic
    Offerings
    Pricing Offerings
    Coremetrics / IBM Digital Analytics (discontinued)Lucanet
    Free Trial
    NoNo
    Free/Freemium Version
    NoNo
    Premium Consulting/Integration Services
    NoNo
    Entry-level Setup FeeNo setup feeNo setup fee
    Additional Details——
    More Pricing Information
    Features
    Coremetrics / IBM Digital Analytics (discontinued)Lucanet
    Ad-hoc Reporting
    Comparison of Ad-hoc Reporting features of Coremetrics / IBM Digital Analytics (discontinued) and Lucanet
    Feature
    Coremetrics / IBM Digital Analytics (discontinued)
    -
    Ratings
    Lucanet
    4.5
    2 Ratings
    53% below category average
    Drill-down analysis00 Ratings4.02 Ratings
    Formatting capabilities00 Ratings4.01 Ratings
    Integration with R or other statistical packages00 Ratings5.01 Ratings
    Report sharing and collaboration00 Ratings5.01 Ratings
    Report Output and Scheduling
    Comparison of Report Output and Scheduling features of Coremetrics / IBM Digital Analytics (discontinued) and Lucanet
    Feature
    Coremetrics / IBM Digital Analytics (discontinued)
    -
    Ratings
    Lucanet
    5.8
    1 Ratings
    31% below category average
    Publish to Web00 Ratings4.01 Ratings
    Publish to PDF00 Ratings7.01 Ratings
    Report Versioning00 Ratings6.01 Ratings
    Report Delivery Scheduling00 Ratings6.01 Ratings
    Data Discovery and Visualization
    Comparison of Data Discovery and Visualization features of Coremetrics / IBM Digital Analytics (discontinued) and Lucanet
    Feature
    Coremetrics / IBM Digital Analytics (discontinued)
    -
    Ratings
    Lucanet
    5.0
    1 Ratings
    38% below category average
    Pre-built visualization formats (heatmaps, scatter plots etc.)00 Ratings5.01 Ratings
    Location Analytics / Geographic Visualization00 Ratings6.01 Ratings
    Predictive Analytics00 Ratings5.01 Ratings
    Pattern Recognition and Data Mining00 Ratings4.01 Ratings
    Access Control and Security
    Comparison of Access Control and Security features of Coremetrics / IBM Digital Analytics (discontinued) and Lucanet
    Feature
    Coremetrics / IBM Digital Analytics (discontinued)
    -
    Ratings
    Lucanet
    5.6
    1 Ratings
    40% below category average
    Multi-User Support (named login)00 Ratings6.01 Ratings
    Role-Based Security Model00 Ratings6.01 Ratings
    Multiple Access Permission Levels (Create, Read, Delete)00 Ratings5.01 Ratings
    Report-Level Access Control00 Ratings5.01 Ratings
    Single Sign-On (SSO)00 Ratings6.01 Ratings
    Mobile Capabilities
    Comparison of Mobile Capabilities features of Coremetrics / IBM Digital Analytics (discontinued) and Lucanet
    Feature
    Coremetrics / IBM Digital Analytics (discontinued)
    -
    Ratings
    Lucanet
    6.0
    1 Ratings
    21% below category average
    Responsive Design for Web Access00 Ratings6.01 Ratings
    Dashboard / Report / Visualization Interactivity on Mobile00 Ratings6.01 Ratings
    Budgeting, Planning, and Forecasting
    Comparison of Budgeting, Planning, and Forecasting features of Coremetrics / IBM Digital Analytics (discontinued) and Lucanet
    Feature
    Coremetrics / IBM Digital Analytics (discontinued)
    -
    Ratings
    Lucanet
    6.5
    2 Ratings
    22% below category average
    Long-term financial planning00 Ratings6.02 Ratings
    Financial budgeting00 Ratings6.02 Ratings
    Forecasting00 Ratings7.02 Ratings
    Management reporting00 Ratings7.02 Ratings
    Consolidation and Close
    Comparison of Consolidation and Close features of Coremetrics / IBM Digital Analytics (discontinued) and Lucanet
    Feature
    Coremetrics / IBM Digital Analytics (discontinued)
    -
    Ratings
    Lucanet
    5.2
    2 Ratings
    40% below category average
    Financial data consolidation00 Ratings5.02 Ratings
    Journal entries and reports00 Ratings5.02 Ratings
    Multi-currency management00 Ratings4.02 Ratings
    Intercompany Eliminations00 Ratings8.01 Ratings
    Minority Ownership00 Ratings5.01 Ratings
    Local and consolidated reporting00 Ratings4.02 Ratings
    Financial Reporting and Compliance
    Comparison of Financial Reporting and Compliance features of Coremetrics / IBM Digital Analytics (discontinued) and Lucanet
    Feature
    Coremetrics / IBM Digital Analytics (discontinued)
    -
    Ratings
    Lucanet
    5.5
    2 Ratings
    39% below category average
    Financial Statement Reporting00 Ratings6.02 Ratings
    Management Reporting00 Ratings6.02 Ratings
    Excel-based Reporting00 Ratings5.02 Ratings
    Automated board and financial reporting00 Ratings5.01 Ratings
    Analytics and Reporting
    Comparison of Analytics and Reporting features of Coremetrics / IBM Digital Analytics (discontinued) and Lucanet
    Feature
    Coremetrics / IBM Digital Analytics (discontinued)
    -
    Ratings
    Lucanet
    5.8
    2 Ratings
    26% below category average
    Personalized dashboards00 Ratings6.02 Ratings
    Color-coded scorecards00 Ratings7.01 Ratings
    KPIs00 Ratings6.02 Ratings
    Cost and profitability analysis00 Ratings5.02 Ratings
    Key Performance Indicator setting00 Ratings5.01 Ratings
    Integration
    Comparison of Integration features of Coremetrics / IBM Digital Analytics (discontinued) and Lucanet
    Feature
    Coremetrics / IBM Digital Analytics (discontinued)
    -
    Ratings
    Lucanet
    6.5
    2 Ratings
    22% below category average
    Flat file integration00 Ratings9.01 Ratings
    Excel data integration00 Ratings4.02 Ratings
    Best Alternatives
    Coremetrics / IBM Digital Analytics (discontinued)Lucanet
    Small Businesses
    Matomo Analytics
    Score9 out of 10
    No answers on this topic
    Medium-sized Companies
    Lead Forensics
    Score9 out of 10
    IBM Planning Analytics
    Score8.5 out of 10
    Enterprises
    Chartbeat
    Score9.2 out of 10
    Oracle Fusion Cloud Enterprise Performance Management
    Score7.2 out of 10
    All AlternativesView all alternativesView all alternatives
    User Ratings
    Coremetrics / IBM Digital Analytics (discontinued)Lucanet
    Likelihood to Recommend
    7.0
    (24 ratings)
    6.0
    (2 ratings)
    Likelihood to Renew
    5.8
    (18 ratings)
    -
    (0 ratings)
    Usability
    9.0
    (1 ratings)
    6.0
    (1 ratings)
    Availability
    10.0
    (1 ratings)
    -
    (0 ratings)
    Performance
    8.0
    (1 ratings)
    -
    (0 ratings)
    Support Rating
    2.3
    (4 ratings)
    -
    (0 ratings)
    Online Training
    7.1
    (2 ratings)
    -
    (0 ratings)
    Implementation Rating
    9.9
    (2 ratings)
    -
    (0 ratings)
    Configurability
    8.0
    (1 ratings)
    -
    (0 ratings)
    Product Scalability
    9.0
    (1 ratings)
    -
    (0 ratings)
    User Testimonials
    Coremetrics / IBM Digital Analytics (discontinued)Lucanet
    Likelihood to Recommend
    Discontinued Products
    IBM analytics has continued to improve upon the days of being the original core metrics. After using the updated version for quite some time, it has been great at providing the needed analytics to measure ROI and goal performance for our quarterly KPI's. It has resulted in a great increase in web engagements although we are a midsize company, smaller outfits may not need such an expensive option.
    Incentivized
    Read full review
    Lucanet
    Significant effort required for planning forms. There is no comprehensive, modern web version. Significant effort required for planning forms. Short-term planning, such as daily or weekly tasks, is difficult to map out in the Planner. Automation of Financial Closings, Valid real-time data consolidation, simplifies the income statement, balance sheet, and cash flow statement.
    Read full review
    Pros
    Discontinued Products
    • IBM CXA comprises an acquisition called Tealeaf. This tool has deep heritage and this is evident in its present-day capabilities.
    • The Universal Behaviour Exchange or UBX puts the concept of personalisation at the forefront. The ability to combine physical (analog) and digital transactions to create the complete picture of a customer journey, is a stand out benefit.
    • The solution does not have to involve the purchase of software. IBM CXA can be sold as a service bundled with analytics as a service. This not only lowers the cost of ownership, it gets around one of the principal issues. Strong staff with design and analytical capability to drive the solution and deliver tangible benefits.
    • The seamless integration of Watson AI services to help with the heavy lifiting. Watson reinforces the analytical focus this solution has and can learn to recognise situations specific to a company.
    Incentivized
    Read full review
    Lucanet
    • Very intuitive interface to slice and dice the data to have a monthly, quarterly, or yearly view
    • Easy to add additional journal entries
    • Present legal consolidation structure in an intuitive way
    Incentivized
    Read full review
    Cons
    Discontinued Products
    • The user interface is in Flash, which can be very frustrating and slow at times. Apparently, this is to be transitioned in a future release.
    • Can only segment the last 93 days of data. Any historical segmentation beyond the 93 days must be run in Explore (which is credit based, and has its own limitations with the number of credits per month, based on the initial contract with IBM).
    • Reports can only display 93 days of data at a given time for custom date ranges. There are pre-programmed date ranges setup with IBM during implementation (last week, last month, last quarter etc.), but are not flexible enough to answer more specific questions.
    • Certain reports cannot have segments applied, making answering some simple questions a bit more tricky. For example, I can create a segment around mobile devices and apply it to the marketing channels report, but I can't create a marketing channel segment and apply it to the mobile reports.
    • Built in API calls allows for nice report design and automation.
    Read full review
    Lucanet
    • Expensive Solution.
    • Drawbacks of complex planning.
    • Short-term planning on a daily or weekly basis is difficult to map out in the Planner.
    Read full review
    Likelihood to Renew
    Discontinued Products
    IBM Digital Analytics is a great solution for our clients and I believe they offer the best solution for the retail space. We have access to IBM support via email or live chat and they can answer many of the reporting questions that come up. IBM is receptive to our feedback of the product so I am confident they will continue making improvements
    Read full review
    Lucanet
    No answers on this topic
    Usability
    Discontinued Products
    Very easy to implement and use.
    Read full review
    Lucanet
    Automated data validation and mapping reduce manual effort and minimize sources of error, offering seamless integration with existing ERP systems and Excel, Improving Efficiency with the Help of AI.
    Read full review
    Reliability and Availability
    Discontinued Products
    Never had any issues
    Read full review
    Lucanet
    No answers on this topic
    Performance
    Discontinued Products
    As reports are templated, the system is pretty quick. Sometimes you have to wait a bit for a report to render. Or you might have to re-load the page. But there is no real issue here and the system is on par with other similar systems.
    Read full review
    Lucanet
    No answers on this topic
    Support Rating
    Discontinued Products
    Overall, the level of support is very good and I would say it is a strong asset of the solution. However, you can sometimes feel that there is a difference of level among the support team.
    Read full review
    Lucanet
    No answers on this topic
    Online Training
    Discontinued Products
    Online training is really great. One of the best assets that they have. Lots of great videos, pop quizzes at the end of each module. Fantastic. Other tools have similar features, but not as good.
    Read full review
    Lucanet
    No answers on this topic
    Implementation Rating
    Discontinued Products
    See previous comment: reading and understanding the encyclopedic implementation guide is a must.
    Read full review
    Lucanet
    No answers on this topic
    Alternatives Considered
    Discontinued Products
    Much of the work we did in IBM Digital Analytics could have been answered through Google Analytics, a much simpler, agile and FREE solution set. Not mention, given the vast number of Google Analytics USERS, free and actionable support is simply a click away ... this compared to IBM Digital Analytics fractured and often absent support service.
    Read full review
    Lucanet
    Incentivized
    Read full review
    Scalability
    Discontinued Products
    This solution can support large amount of data and transaction. The way that user management features are built, it shows it is meant for large organizations.
    Read full review
    Lucanet
    No answers on this topic
    Return on Investment
    Discontinued Products
    • We spend too much time trying to work around bugs on the new UI.
    • We spend too much time trying to figure out how to make certain segments work because support and the knowledge center are lackluster.
    • Our sales rep is very unresponsive and leaves us searching for a lot of answers on our own, including what other products we may benefit from that IBM offers.
    Incentivized
    Read full review
    Lucanet
    • Provides single source of truth regarding financial data
    • Affordable solution
    Incentivized
    Read full review
    ScreenShots

    Lucanet Screenshots

    Screenshot of Lucanet's financial consolidation software, which provides a fully automated process through all consolidation steps and group structures, regardless of complexity.Screenshot of Lucanet's financial reporting software, designed to deliver timely and accurate information to the appropriate stakeholders for decision-making processes.Screenshot of Lucanet's ESG reporting feature, used to collect data, analyze information, and produce fully compliant reports at the touch of a button.Screenshot of Lucanet's disclosure mangaement interface, used to prepare financial or non-financial information, such as annual reports.Screenshot of the IC reconciliation tool, which enables decentralized reconciliation prior to consolidation and saves those involved at the parent company level from having to tediously search for discrepancies during consolidation.