What users are saying about
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35 Ratings
16 Ratings

IBM Planning Analytics

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35 Ratings
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Score 8.2 out of 100
16 Ratings
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Score 9.3 out of 100

Likelihood to Recommend

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

Jedox

Best suited as a highly customized and compact EPM / BI solution (less than 100 CCU) with individual workflows, planning and reporting functionalities, with moderate number of users (no restrictions for any industry, all industries are covered well). It also has advanced reporting & data analysis requirements and provides an integration and reporting layer of imported data from different external systems (via ETL). It can help with migrating your legacy Excel-based business models to the Web. It is not well suited for Enterprise BI applications with expecting >500 CCU (users at the same time working with the system). This may cause serious performance issues, even if Jedox will tell you different things because all of the data is kept in RAM (MOLAP technology). Applications with heavy document management requirements (document management is not an out of the box functionality in Jedox and rather requires custom development through custom widgets etc.).
Karolis Aušra | TrustRadius Reviewer

Feature Rating Comparison

BI Standard Reporting

IBM Planning Analytics
6.8
Jedox
9.1
Pixel Perfect reports
IBM Planning Analytics
7.1
Jedox
9.1
Customizable dashboards
IBM Planning Analytics
6.9
Jedox
9.1
Report Formatting Templates
IBM Planning Analytics
6.4
Jedox
9.1

Ad-hoc Reporting

IBM Planning Analytics
7.0
Jedox
8.3
Drill-down analysis
IBM Planning Analytics
7.5
Jedox
8.2
Formatting capabilities
IBM Planning Analytics
6.6
Jedox
8.2
Integration with R or other statistical packages
IBM Planning Analytics
7.0
Jedox
8.5
Report sharing and collaboration
IBM Planning Analytics
7.0
Jedox
8.5

Report Output and Scheduling

IBM Planning Analytics
7.2
Jedox
7.9
Publish to Web
IBM Planning Analytics
7.7
Jedox
8.5
Publish to PDF
IBM Planning Analytics
7.4
Jedox
7.9
Report Versioning
IBM Planning Analytics
7.2
Jedox
7.0
Report Delivery Scheduling
IBM Planning Analytics
6.4
Jedox
8.2

Data Discovery and Visualization

IBM Planning Analytics
6.8
Jedox
5.6
Pre-built visualization formats (heatmaps, scatter plots etc.)
IBM Planning Analytics
7.4
Jedox
5.9
Location Analytics / Geographic Visualization
IBM Planning Analytics
7.0
Jedox
5.5
Predictive Analytics
IBM Planning Analytics
5.9
Jedox
5.6

Access Control and Security

IBM Planning Analytics
7.9
Jedox
8.8
Multi-User Support (named login)
IBM Planning Analytics
7.7
Jedox
8.8
Role-Based Security Model
IBM Planning Analytics
7.8
Jedox
8.8
Multiple Access Permission Levels (Create, Read, Delete)
IBM Planning Analytics
7.8
Jedox
8.8
Single Sign-On (SSO)
IBM Planning Analytics
8.2
Jedox

Mobile Capabilities

IBM Planning Analytics
6.3
Jedox
7.4
Responsive Design for Web Access
IBM Planning Analytics
6.3
Jedox
8.5
Dedicated iOS Application
IBM Planning Analytics
6.8
Jedox
7.0
Dedicated Android Application
IBM Planning Analytics
6.1
Jedox
7.0
Dashboard / Report / Visualization Interactivity on Mobile
IBM Planning Analytics
5.9
Jedox
7.0

Budgeting, Planning, and Forecasting

IBM Planning Analytics
7.7
Jedox
9.2
Long-term financial planning
IBM Planning Analytics
7.8
Jedox
9.3
Financial budgeting
IBM Planning Analytics
7.9
Jedox
9.3
Forecasting
IBM Planning Analytics
8.0
Jedox
8.9
Scenario modeling
IBM Planning Analytics
7.6
Jedox
8.9
Management reporting
IBM Planning Analytics
7.3
Jedox
9.3

Consolidation and Close

IBM Planning Analytics
7.1
Jedox
7.6
Financial data consolidation
IBM Planning Analytics
7.2
Jedox
8.4
Journal entries and reports
IBM Planning Analytics
6.4
Jedox
2.7
Multi-currency management
IBM Planning Analytics
7.8
Jedox
8.9
Intercompany Eliminations
IBM Planning Analytics
7.2
Jedox
8.7
Minority Ownership
IBM Planning Analytics
6.8
Jedox
Local and consolidated reporting
IBM Planning Analytics
7.4
Jedox
8.5
Detailed Audit Trails
IBM Planning Analytics
7.1
Jedox
8.5

FInancial Reporting and Compliance

IBM Planning Analytics
7.6
Jedox
9.2
Financial Statement Reporting
IBM Planning Analytics
7.8
Jedox
9.3
Management Reporting
IBM Planning Analytics
7.7
Jedox
9.3
Excel-based Reporting
IBM Planning Analytics
8.3
Jedox
9.3
Automated board and financial reporting
IBM Planning Analytics
7.1
Jedox
8.9
XBRL support for regulatory filing
IBM Planning Analytics
7.3
Jedox

Analytics

IBM Planning Analytics
7.4
Jedox
7.5
Personalized dashboards
IBM Planning Analytics
7.7
Jedox
4.4
Color-coded scorecards
IBM Planning Analytics
7.3
Jedox
8.4
KPIs
IBM Planning Analytics
6.9
Jedox
6.7
Cost and profitability analysis
IBM Planning Analytics
7.6
Jedox
8.4
Key Performance Indicator setting
IBM Planning Analytics
7.4
Jedox
8.4
Benchmarking with external data
IBM Planning Analytics
7.4
Jedox
8.7

Integration

IBM Planning Analytics
7.9
Jedox
8.7
Flat file integration
IBM Planning Analytics
8.0
Jedox
8.9
Excel data integration
IBM Planning Analytics
8.3
Jedox
8.9
Direct links to 3rd-party data sources
IBM Planning Analytics
7.5
Jedox
8.2

Pros

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

Jedox

  • Using the Excel add-in means that our team was almost instantly productive, being able to use a familiar interface to present and manipulate data.
  • Allows us to quickly do analysis and comparison of current and historic data.
  • Really good to produce meaningful management reporting that can be adapted responsively to business requirements.
  • Implementing Jedox in our budget cycle dramatically reduced the time and complexity of the process, while making it more transparent.
Tobias Crush | TrustRadius Reviewer

Cons

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

Jedox

  • Diversity. Jedox can be applied to many different use cases from small to large deployments and from budgeting to enterprise class BI solutions. But rarely is one tool able to fulfill all of these requirements in one organisation. This value proposition can be complicated for prospective users.
  • Awareness. Jedox punches above its weight in capability and scalability, but not enough people have heard about it and therefore procurement processes can be drawn out as a result.
Steve Adams | TrustRadius Reviewer

Likelihood to Renew

IBM Planning Analytics

IBM Planning Analytics 10.0
Based on 1 answer
This is a planning developer's dream. You feel like you're given a blank canvas with all the right tools to make it an artwork. It is the future of business application development.
David Chen | TrustRadius Reviewer

Jedox

Jedox 6.4
Based on 2 answers
For a period of 5 years all our customers using Jedox have renewed their licenses.
Steven Koelemeijer | TrustRadius Reviewer

Usability

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

Jedox

Jedox 9.0
Based on 2 answers
To me Jedox deserves 10/10 because it is a consistent one-in-all platform with a modern look and feel. It is intuitive to use and allows you to make intuitive applications integrating traditional business intelligence with performance management functionality. It certainly has a short
learning curve, especially for those that are familiar with MS Excel. An example: I've lost count but Jedox it is available in more than 25 languages. Another: Jedox does not require programming skills... it is developed to be used by the business.
Steven Koelemeijer | TrustRadius Reviewer

Reliability and Availability

IBM Planning Analytics

No score
No answers yet
No answers on this topic

Jedox

Jedox 8.0
Based on 2 answers
Jedox has
very few bugs. Reports are available through an Excel add-in, the web and/or
mobile device (IOS/Android). In my opinion, availability also means high
performance, not having to wait for the system to give you the required reports,
analysis, dashboards instantly.
Steven Koelemeijer | TrustRadius Reviewer

Performance

IBM Planning Analytics

No score
No answers yet
No answers on this topic

Jedox

Jedox 7.0
Based on 2 answers
Jedox is the fastest OLAP tool on the market. It can use GPU cards to increase performance even more
Steven Koelemeijer | TrustRadius Reviewer

Support

IBM Planning Analytics

IBM Planning Analytics 7.5
Based on 15 answers
Support is good and you find many IBM Tech Documents and best-practices from the IBM Support Website. In our country we're missing local IBM Support and that means we have to be connected to foreign IBM Support with different time zones. However, the support works great and Support's response time is fast.
Anonymous | TrustRadius Reviewer

Jedox

Jedox 9.0
Based on 3 answers
Jedox support in general is a professional and fast responding team. An easy-to-use ticketing system is in place. Bug-related questions are solved fast (responses come usually in a few hours after the question), but some questions / tickets, that are not Jedox-related bugs (for example some advanced questions about Jedox functionality), may be forwarded to Application Management team for further processing and then it may take several days or even weeks to get a response here -> there is room for improvement here.
Karolis Aušra | TrustRadius Reviewer

Implementation

IBM Planning Analytics

No score
No answers yet
No answers on this topic

Jedox

Jedox 9.1
Based on 1 answer
Jedox goed beyond traditional BI. That means that it is more important to pick an implementation partner that understands your business. A partner that can anticipate your next requirements. Using the performance management functionality of Jedox, integrating BI with forecasting, workflow, planning takes the solution closer to key (decision) making processes. People do not only use Jedox for insight, reporting, dashboards and analytics but to share expectations and comments to better drive the business. This kind of rich functionality requires a very good functional design before you implement it. That is, if you want to benefit fully what it has to offer. Technically implementing Jedox is relatively easy. In fact, according thousands of business users that participate in the yearly Business Application Research Centre (BARC) Survey, it is the best do-it-yourself BI/performance management system on the market
Steven Koelemeijer | TrustRadius Reviewer

Alternatives Considered

IBM Planning Analytics

I have not used any other products deeply. The only products I have only done a quick test where AnaPlan and Jedox, but not deeply enough to have a full comparison and give further detail on this matter. Also I have used Excel spreadsheets as a user and as a developer but TM1 is superior in any sense.
Anonymous | TrustRadius Reviewer

Jedox

Jedox Base which has been removed from the market used to be a free option in the in-memory database space capable of write back/modelling. Now the company wants to move in the "Enterprise" space but the product doesn't have the required scalability and is still running on outdated open source server technologies.
Anonymous | TrustRadius Reviewer

Scalability

IBM Planning Analytics

No score
No answers yet
No answers on this topic

Jedox

Jedox 4.0
Based on 2 answers
Scalability is one of the disadvantages of Jedox. Applications with >100 CCU (of course this number is very rough, as it also depends on the complexity of the application) scale poorly in comparison to other EPM vendors. With Jedox it is difficult to scale big applications as there are no standardized / easy-to-implement ways to do it. As a matter of fact, even a classic two-tier architecture (separate olap and web servers) is pretty complicated to implement with Jedox (when we keep in mind, that we are in the 21st century and you would expect to set it up in a few clicks during the Jedox installation, but you actually have to go through a bunch of Jedox config files on each server and edit the IP's and other parameters by hand in several redundant places / files to set it up properly and working; here I dont even start to speak about setting-up load balancing, adding more servers etc. ).
Karolis Aušra | TrustRadius Reviewer

Return on Investment

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

Jedox

No answers on this topic

Screenshots

Pricing Details

IBM Planning Analytics

General

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

Jedox

General

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

Rating Summary

Likelihood to Recommend

IBM Planning Analytics
8.2
Jedox
8.9

Likelihood to Renew

IBM Planning Analytics
10.0
Jedox
6.4

Usability

IBM Planning Analytics
9.0
Jedox
9.0

Reliability and Availability

IBM Planning Analytics
Jedox
8.0

Performance

IBM Planning Analytics
Jedox
7.0

Support

IBM Planning Analytics
7.5
Jedox
9.0

Implementation

IBM Planning Analytics
Jedox
9.1

Scalability

IBM Planning Analytics
Jedox
4.0

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