What users are saying about
8 Ratings
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Top Rated
103 Ratings
8 Ratings
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Score 7.8 out of 100

IBM Planning Analytics

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Top Rated
103 Ratings
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Score 7.5 out of 100

Likelihood to Recommend

Denodo

Donodo is very well suited for large organizations with siloed datasets. Denodo thrives in these environments, since large organizations can afford the licensing costs, and are always tasked to mash up data from multiple environments throughout the organization.
Anonymous | TrustRadius Reviewer

IBM Planning Analytics

Cognos TM1's ability to store and provide fast access financial data both on-premise and in the cloud makes it a great asset during month-end or year-end closing. The speed at which it can be updated and reflect GL changes for reporting makes it well suited for PL and BL reporting. For example, when it comes budgeting season and your FI application is getting hammered a speedy application makes your user base happy. However, Cognos TM1 is not well suited for reporting when you have to store a lot of granular data, think retail transaction level stuff, as Cognos TM1 is an OLAP data structure rather than relational.
Anonymous | TrustRadius Reviewer

Feature Rating Comparison

BI Standard Reporting

Denodo
IBM Planning Analytics
7.1
Pixel Perfect reports
Denodo
IBM Planning Analytics
7.3
Customizable dashboards
Denodo
IBM Planning Analytics
7.2
Report Formatting Templates
Denodo
IBM Planning Analytics
6.7

Ad-hoc Reporting

Denodo
IBM Planning Analytics
7.4
Drill-down analysis
Denodo
IBM Planning Analytics
7.8
Formatting capabilities
Denodo
IBM Planning Analytics
7.2
Integration with R or other statistical packages
Denodo
IBM Planning Analytics
7.2
Report sharing and collaboration
Denodo
IBM Planning Analytics
7.4

Report Output and Scheduling

Denodo
IBM Planning Analytics
7.5
Publish to Web
Denodo
IBM Planning Analytics
7.8
Publish to PDF
Denodo
IBM Planning Analytics
7.5
Report Versioning
Denodo
IBM Planning Analytics
7.5
Report Delivery Scheduling
Denodo
IBM Planning Analytics
7.1

Data Discovery and Visualization

Denodo
IBM Planning Analytics
7.2
Pre-built visualization formats (heatmaps, scatter plots etc.)
Denodo
IBM Planning Analytics
7.3
Location Analytics / Geographic Visualization
Denodo
IBM Planning Analytics
7.0
Predictive Analytics
Denodo
IBM Planning Analytics
7.2

Access Control and Security

Denodo
IBM Planning Analytics
8.0
Multi-User Support (named login)
Denodo
IBM Planning Analytics
7.8
Role-Based Security Model
Denodo
IBM Planning Analytics
7.9
Multiple Access Permission Levels (Create, Read, Delete)
Denodo
IBM Planning Analytics
8.1
Single Sign-On (SSO)
Denodo
IBM Planning Analytics
8.1

Mobile Capabilities

Denodo
IBM Planning Analytics
7.2
Responsive Design for Web Access
Denodo
IBM Planning Analytics
7.1
Dedicated iOS Application
Denodo
IBM Planning Analytics
7.2
Dedicated Android Application
Denodo
IBM Planning Analytics
7.4
Dashboard / Report / Visualization Interactivity on Mobile
Denodo
IBM Planning Analytics
7.0

Budgeting, Planning, and Forecasting

Denodo
IBM Planning Analytics
7.9
Long-term financial planning
Denodo
IBM Planning Analytics
8.0
Financial budgeting
Denodo
IBM Planning Analytics
8.1
Forecasting
Denodo
IBM Planning Analytics
7.9
Scenario modeling
Denodo
IBM Planning Analytics
8.0
Management reporting
Denodo
IBM Planning Analytics
7.7

Consolidation and Close

Denodo
IBM Planning Analytics
7.4
Financial data consolidation
Denodo
IBM Planning Analytics
7.6
Journal entries and reports
Denodo
IBM Planning Analytics
6.9
Multi-currency management
Denodo
IBM Planning Analytics
8.0
Intercompany Eliminations
Denodo
IBM Planning Analytics
7.3
Minority Ownership
Denodo
IBM Planning Analytics
6.7
Local and consolidated reporting
Denodo
IBM Planning Analytics
7.7
Detailed Audit Trails
Denodo
IBM Planning Analytics
7.8

Financial Reporting and Compliance

Denodo
IBM Planning Analytics
7.8
Financial Statement Reporting
Denodo
IBM Planning Analytics
7.8
Management Reporting
Denodo
IBM Planning Analytics
7.9
Excel-based Reporting
Denodo
IBM Planning Analytics
8.4
Automated board and financial reporting
Denodo
IBM Planning Analytics
7.3
XBRL support for regulatory filing
Denodo
IBM Planning Analytics
7.5

Analytics

Denodo
IBM Planning Analytics
7.5
Personalized dashboards
Denodo
IBM Planning Analytics
7.8
Color-coded scorecards
Denodo
IBM Planning Analytics
7.4
KPIs
Denodo
IBM Planning Analytics
7.3
Cost and profitability analysis
Denodo
IBM Planning Analytics
7.7
Key Performance Indicator setting
Denodo
IBM Planning Analytics
7.5
Benchmarking with external data
Denodo
IBM Planning Analytics
7.3

Integration

Denodo
IBM Planning Analytics
7.9
Flat file integration
Denodo
IBM Planning Analytics
8.0
Excel data integration
Denodo
IBM Planning Analytics
8.2
Direct links to 3rd-party data sources
Denodo
IBM Planning Analytics
7.5

Pros

Denodo

  • Flat learning curve.
  • Does not need brilliant developers.
  • Less need for custom denodo wrappers, even if needed is not very complex.
  • Denodo stored procedures and functions helped address complex, not straightforward requirements.
  • Export/import deployment between environments was very helpful.
Karthick Subharaj Rajarathinam | TrustRadius Reviewer

IBM Planning Analytics

  • TM1 is tremendously more flexible than the competitor products due to its ability to calculate real-time.
  • Hierarchy changes are instantly available to take advantage of the real-time calculation. No pre-consolidations needed!
  • Native write-back capability allows for simple, integrated budgeting, forecasting and what-if analysis.
  • IBM is constantly improving the product and integrating with new products like Cognos BI, SPSS and is now beginning to integrate it with Watson Analytics.
  • New cloud versions of TM1 are now providing some really great web-based tools to simplify and streamline the presentation development and strengthen the self-service reporting, analytics and what-if analysis capacity.
Christopher Redmond | TrustRadius Reviewer

Cons

Denodo

  • Lack of Documentation and user community: Denodo continues to have a small community of super users, therefore there is not a lot of documentation out there in the event you get stuck.
  • Cost: Data virtualization isn't cheap, so smaller organizations might shy away from this technology due to the high licensing costs.
  • Caching strategy: Some slower datasets will require caching... which argues, why not just do traditional ETL if you need to do this?
Anonymous | TrustRadius Reviewer

IBM Planning Analytics

  • Would like IBM to ensure the Cloud experience is as stable as the on-premise version.
  • More direct IBM involvement to resolve system & environment issues & informing the customer directly rather than through 3rd party support providers who may not be able to.
Anonymous | TrustRadius Reviewer

Likelihood to Renew

Denodo

No score
No answers yet
No answers on this topic

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

Denodo

Denodo 8.0
Based on 1 answer
Denodo is very easy to use. It has a user-friendly drag and drop interface. I'm not a fan of the java platform it resides on.
Anonymous | TrustRadius Reviewer

IBM Planning Analytics

IBM Planning Analytics 9.0
Based on 1 answer
The application is easy to install and to develop with. Your super users have the ability to manage the data and the user logins without IT help.
Anonymous | TrustRadius Reviewer

Performance

Denodo

Denodo 8.0
Based on 1 answer
Denodo is a tool to rapidly mash data sources together and create meaningful datasets. It does have its downfalls though. When you create larger, more complex datasets, you will most likely need to cache your datasets, regardless of how proper your joins are set up. Since DV takes data from multiple environments, you are taxing the corporate network, so you need to be conscious of how much data you are sending through the network and truly understand how and when to join datasets due to this.
Anonymous | TrustRadius Reviewer

IBM Planning Analytics

No score
No answers yet
No answers on this topic

Support Rating

Denodo

No score
No answers yet
No answers on this topic

IBM Planning Analytics

IBM Planning Analytics 7.4
Based on 30 answers
Overall, my experience with using IBM Planning Analytics has been nothing short of amazing. I found the tool to be a true visionary among its competitors and offer value-added features that make it stand out from the pack. In particular, I applaud the AI features and they provide that next-level insight and processing capability that is hard to replicate with manual work.
Ausrine S. | TrustRadius Reviewer

Alternatives Considered

Denodo

I did not use any other data virtualization platform. BizTalk is not the right comparison; it is an integration layer and for orchestration; do not use denodo as an orchestration layer, it is not for connecting upstreams to downstreams and orchestrate data flows, it is primarily for pulling information and presenting in a fashion that benefit the audience
Karthick Subharaj Rajarathinam | TrustRadius Reviewer

IBM Planning Analytics

IBM Cognos Analytics is not a replacement for IBM Planning Analytics. IBM Cognos Analytics is focused only on reporting, but in that section it's an excellent addition to IBM Planning Analytics. You can directly use IBM Planning Analytics as a data source in IBM Cognos Analytics. In our business case we use IBM Planning Analytics for forecasting, but the more extensive reporting is done in IBM Cognos Analytics (for example forecast accuracy).
Anonymous | TrustRadius Reviewer

Return on Investment

Denodo

  • Improved time-to-market. We addressed new requirements in less than 2 person days.
  • Very agile. Easy to handle changing requirements. Like a new requirement, a change in requirement was not expensive either.
  • Platform issues were difficult to diagnose and debug.
Karthick Subharaj Rajarathinam | 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

Pricing Details

Denodo

General

Free Trial
Free/Freemium Version
Premium Consulting/Integration Services
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

Denodo
8.0
IBM Planning Analytics
8.0

Likelihood to Renew

Denodo
IBM Planning Analytics
8.3

Usability

Denodo
8.0
IBM Planning Analytics
9.0

Performance

Denodo
8.0
IBM Planning Analytics

Support Rating

Denodo
IBM Planning Analytics
7.4

Scalability

Denodo
IBM Planning Analytics
9.1

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