IBM Planning Analytics vs. Microsoft Power BI

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
IBM Planning Analytics
Score 8.3 out of 10
N/A
IBM Planning Analytics, powered by IBM TM1®, is an integrated planning solution designed to promote collaboration across the organization and help keep pace with the speed of modern business. With its calculation engine, this enterprise performance management solution is designed to help users move beyond the limits of spreadsheets, automating the planning process to drive faster, more accurate results. Use it to unify data sources into one single repository, enabling users to build…
$825
per month 5 users
Microsoft Power BI
Score 8.4 out of 10
N/A
Microsoft Power BI is a visualization and data discovery tool from Microsoft. It allows users to convert data into visuals and graphics, visually explore and analyze data, collaborate on interactive dashboards and reports, and scale across their organization with built-in governance and security.
$10
per month per user
Pricing
IBM Planning AnalyticsMicrosoft Power BI
Editions & Modules
Essentials
$825
per month 5 users
Standard
$1,650
per month 10 users
No answers on this topic
Offerings
Pricing Offerings
IBM Planning AnalyticsMicrosoft Power BI
Free Trial
YesYes
Free/Freemium Version
YesYes
Premium Consulting/Integration Services
YesNo
Entry-level Setup FeeOptionalNo setup fee
Additional Details
More Pricing Information
Community Pulse
IBM Planning AnalyticsMicrosoft Power BI
Considered Both Products
IBM Planning Analytics
Chose IBM Planning Analytics
Why IBM Planning Analytics when compared to Oracle Hyperion: Better excel integration Less data movement and duplication Better cloud offering More aforeable licensing
Chose IBM Planning Analytics
I worked with Hyperion a long time ago. It was not a Oracle product yet. One great feature of this solution that was really great at the time, was the modeling process of ir, with a very robust engine for sparse cubes. the performance was excellent at the time. But today I can …
Chose IBM Planning Analytics
Anaplan does not handle sparsity; this is very problematic for large volume data sets (many 0's). There also are limitations to the number of dimensions that can be used in a module. If more dimensions are required, then separate modules need to be built and intertwined. IBM PA …
Chose IBM Planning Analytics
Because of its ability in planning, budgeting and forecasting or work progress.it has made it easy in driving sales hence profitability and lowering costs,also with ability to forecast the decision making has never been made this easier.
The reasons for selecting are on its …
Chose IBM Planning Analytics
IBM Planning Analytics was by far the most robust tool we evaluated among several top competitors. It stood out for its place in the industry to provide detailed, integrated, and aggregate integration for data governance. I was impressed with the approach from the sales team to …
Chose IBM Planning Analytics
Better functionality in terms of performance, Excel integration, user volume handling, cloud, and on-premise deployments.
Microsoft Power BI

No answer on this topic

Top Pros
Top Cons
Features
IBM Planning AnalyticsMicrosoft Power BI
BI Standard Reporting
Comparison of BI Standard Reporting features of Product A and Product B
IBM Planning Analytics
8.8
81 Ratings
10% above category average
Microsoft Power BI
7.2
138 Ratings
13% below category average
Pixel Perfect reports8.372 Ratings6.5118 Ratings
Customizable dashboards9.381 Ratings8.0138 Ratings
Report Formatting Templates8.976 Ratings7.2126 Ratings
Ad-hoc Reporting
Comparison of Ad-hoc Reporting features of Product A and Product B
IBM Planning Analytics
8.8
86 Ratings
6% above category average
Microsoft Power BI
7.0
139 Ratings
15% below category average
Drill-down analysis9.384 Ratings7.2138 Ratings
Formatting capabilities9.385 Ratings6.4137 Ratings
Integration with R or other statistical packages7.565 Ratings7.5102 Ratings
Report sharing and collaboration8.982 Ratings7.0134 Ratings
Report Output and Scheduling
Comparison of Report Output and Scheduling features of Product A and Product B
IBM Planning Analytics
8.3
84 Ratings
2% above category average
Microsoft Power BI
7.8
133 Ratings
7% below category average
Publish to Web7.879 Ratings8.1128 Ratings
Publish to PDF9.378 Ratings8.1121 Ratings
Report Versioning8.378 Ratings7.3101 Ratings
Report Delivery Scheduling7.669 Ratings8.7103 Ratings
Delivery to Remote Servers00 Ratings6.773 Ratings
Data Discovery and Visualization
Comparison of Data Discovery and Visualization features of Product A and Product B
IBM Planning Analytics
7.9
84 Ratings
4% above category average
Microsoft Power BI
7.5
135 Ratings
7% below category average
Pre-built visualization formats (heatmaps, scatter plots etc.)9.384 Ratings7.5130 Ratings
Location Analytics / Geographic Visualization8.179 Ratings7.8121 Ratings
Predictive Analytics7.675 Ratings7.4101 Ratings
Pattern Recognition and Data Mining6.89 Ratings00 Ratings
Access Control and Security
Comparison of Access Control and Security features of Product A and Product B
IBM Planning Analytics
9.1
87 Ratings
5% above category average
Microsoft Power BI
8.2
126 Ratings
5% below category average
Multi-User Support (named login)9.685 Ratings8.2120 Ratings
Role-Based Security Model9.586 Ratings8.8102 Ratings
Multiple Access Permission Levels (Create, Read, Delete)9.687 Ratings8.4110 Ratings
Report-Level Access Control8.712 Ratings7.01 Ratings
Single Sign-On (SSO)8.281 Ratings8.694 Ratings
Mobile Capabilities
Comparison of Mobile Capabilities features of Product A and Product B
IBM Planning Analytics
7.4
77 Ratings
8% below category average
Microsoft Power BI
7.9
117 Ratings
1% below category average
Responsive Design for Web Access7.476 Ratings8.0111 Ratings
Mobile Application6.941 Ratings7.493 Ratings
Dashboard / Report / Visualization Interactivity on Mobile6.950 Ratings7.4112 Ratings
Budgeting, Planning, and Forecasting
Comparison of Budgeting, Planning, and Forecasting features of Product A and Product B
IBM Planning Analytics
9.3
91 Ratings
11% above category average
Microsoft Power BI
-
Ratings
Long-term financial planning9.589 Ratings00 Ratings
Financial budgeting9.591 Ratings00 Ratings
Forecasting9.591 Ratings00 Ratings
Scenario modeling9.590 Ratings00 Ratings
Management reporting8.790 Ratings00 Ratings
Consolidation and Close
Comparison of Consolidation and Close features of Product A and Product B
IBM Planning Analytics
8.5
85 Ratings
6% above category average
Microsoft Power BI
-
Ratings
Financial data consolidation9.381 Ratings00 Ratings
Journal entries and reports8.376 Ratings00 Ratings
Multi-currency management8.875 Ratings00 Ratings
Intercompany Eliminations7.575 Ratings00 Ratings
Minority Ownership6.768 Ratings00 Ratings
Local and consolidated reporting9.578 Ratings00 Ratings
Detailed Audit Trails9.280 Ratings00 Ratings
Financial Reporting and Compliance
Comparison of Financial Reporting and Compliance features of Product A and Product B
IBM Planning Analytics
8.7
86 Ratings
6% above category average
Microsoft Power BI
-
Ratings
Financial Statement Reporting9.482 Ratings00 Ratings
Management Reporting8.883 Ratings00 Ratings
Excel-based Reporting9.585 Ratings00 Ratings
Automated board and financial reporting8.875 Ratings00 Ratings
XBRL support for regulatory filing6.854 Ratings00 Ratings
Analytics and Reporting
Comparison of Analytics and Reporting features of Product A and Product B
IBM Planning Analytics
9.1
87 Ratings
12% above category average
Microsoft Power BI
-
Ratings
Personalized dashboards9.386 Ratings00 Ratings
Color-coded scorecards9.382 Ratings00 Ratings
KPIs9.385 Ratings00 Ratings
Cost and profitability analysis9.485 Ratings00 Ratings
Key Performance Indicator setting9.484 Ratings00 Ratings
Benchmarking with external data7.958 Ratings00 Ratings
Integration
Comparison of Integration features of Product A and Product B
IBM Planning Analytics
8.8
87 Ratings
6% above category average
Microsoft Power BI
-
Ratings
Flat file integration8.984 Ratings00 Ratings
Excel data integration9.585 Ratings00 Ratings
Direct links to 3rd-party data sources8.177 Ratings00 Ratings
Application Program Interfaces (APIs) / Embedding
Comparison of Application Program Interfaces (APIs) / Embedding features of Product A and Product B
IBM Planning Analytics
-
Ratings
Microsoft Power BI
8.4
80 Ratings
6% above category average
REST API00 Ratings8.172 Ratings
Javascript API00 Ratings9.656 Ratings
iFrames00 Ratings8.055 Ratings
Java API00 Ratings7.946 Ratings
Themeable User Interface (UI)00 Ratings8.263 Ratings
Customizable Platform (Open Source)00 Ratings8.444 Ratings
Best Alternatives
IBM Planning AnalyticsMicrosoft Power BI
Small Businesses

No answers on this topic

BrightGauge
BrightGauge
Score 8.9 out of 10
Medium-sized Companies
Centage
Centage
Score 9.6 out of 10
Reveal
Reveal
Score 9.9 out of 10
Enterprises
Anaplan
Anaplan
Score 8.7 out of 10
Jaspersoft Community Edition
Jaspersoft Community Edition
Score 9.7 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
IBM Planning AnalyticsMicrosoft Power BI
Likelihood to Recommend
9.5
(97 ratings)
7.9
(140 ratings)
Likelihood to Renew
9.1
(5 ratings)
10.0
(1 ratings)
Usability
8.2
(62 ratings)
9.0
(56 ratings)
Support Rating
9.3
(87 ratings)
7.9
(52 ratings)
Product Scalability
9.1
(1 ratings)
-
(0 ratings)
User Testimonials
IBM Planning AnalyticsMicrosoft Power BI
Likelihood to Recommend
IBM
I would be likely to recommend IBM Planning Analytics, particularly in scenarios where comprehensive financial and operational planning is essential. For instance, in our construction company, it is awesome for optimizing resource allocation across multiple projects, creating detailed project budgets, and conducting risk analysis to mitigate project uncertainties.
Read full review
Microsoft
In operations we use the tool for many different topics, from factory quality systems to high level reviews. We have created kind of an internal "App Store" based on Power BI where you have a lot of different dashboards for different solutions (cost, cash, health and safety, sales, factories, distribution centers...) and you as an user just need to get in that "App Store" and enter in whatever tool can be useful for you. It is open to all the operations employees and can use on demand. Also it has raised the imagination of our colleagues, as they are not only working by themselves creating new reports, but also raising fantastic ideas that can be extended for the usage of all the community.
Read full review
Pros
IBM
  • Forecasting after taking into account seasonal trends and exceptional transactions
  • Unlike spreadsheets, there is no fear of an user making changes to the mastercopy accidentally. Each user gets his or her own workspace to analyze.
  • For entities operating in multiple countries, connects seamlessly with IBM Cognos Controller for taking into account variation in currencies
Read full review
Microsoft
  • Quickly filter and view granular data sets with easily configurable reporting figures.
  • The ability to quickly switch between tabs allows for historical data comparisons and progress tracking.
  • It's helpful to dive into the data and break it down from high levels to small.
  • Achieve actionable insights faster by using real-time data. It's incredible to have online access to reports.
Read full review
Cons
IBM
  • IBM Planning Analytics was an upgrade from an older version of TM1 that is experiencing some growing pains, some functionality is harder to reach than it has been in the past
  • It is easy to learn as a surface user with created reports, but it does require some technical skills to make advanced calculations and reports if there is no reliable consultant available, much like Excel
Read full review
Microsoft
  • The desktop app is great but needs a lot of performance improvements
  • No MacOS Version for the Desktop app, this is a big limitation for business since executives prefer Macs
  • Premium Cloud Version of Power BI is awfully expensive
  • On-Premise Version of the Power BI Reports Server is bundled only with SQL Server Enterprise License and cannot be purchased separately and requires Software Assurance Subscription
  • On-Premise Power BI Report Server doesn't support ADFS, AzureAD or any Claims-Based authentication platform, a sad disadvantage for enterprises
Read full review
Likelihood to Renew
IBM
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.
Read full review
Microsoft
I find it helpful and easy to use
Read full review
Usability
IBM
For developers, admins and end users looking for flexibility, IBM Planning Analytics would rate very highly on usability. For example, a developer has access to a highly performant built-in ETL (Extract Translate Load) tool and scripting language called Turbo Integrator that can (among other things) bring in data via flat file or direct connection from many data sources, move data around Planning Analytics, perform batch calculations, export to files or other data stores. In the rare situation where limitations are encountered there is a well documented REST API. Admins and end users benefit from the intuitive PAW (Workspace) interface as well as the rich Excel integration through Planning Analytics for Excel (PAfE). Since flexibility inherently comes with a little more complexity, so an organization with simple and "cookie-cutter" requirements may rate Planning Analytics a little lower.
Read full review
Microsoft
At this point, I think we all know who has taken the lead in the business intelligence and analytics market worldwide. With fresh new updates every other day on top of an already robustly built product with all features that one can dream of is a no brainer, I feel. Microsoft will invariably be synonymous with quality and professionalism.
Read full review
Support Rating
IBM
Although I find the IBM Planning analytics documentation quite time consuming, their support with email and call is something i can term as very considerate and patient, I have had few calls about the features and how i would want to implement them within my projects, and the teams have been super helpful to resolve my issues
Read full review
Microsoft
I can't really speak to the support overall, [but] I will say that in the almost three years I have used the system, I have only needed to contact their support team once. I think the team was helpful, but it did take some time for us to resolve the issues/ request that they had. I guess the good news is that the system is pretty stable, and I personally have rarely needed to contact their technical support team.
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Alternatives Considered
IBM
Anaplan does not handle sparsity; this is very problematic for large volume data sets (many 0's). There also are limitations to the number of dimensions that can be used in a module. If more dimensions are required, then separate modules need to be built and intertwined. IBM PA does not have these limitations.
Read full review
Microsoft
[Microsoft] Power BI is practical and effective, like a hammer for a nail, it is easy to use and produces very quickly the results that in most cases are urgently required by clients (nice reports to share on the web). To start using [Microsoft] Power BI you need a business email address, with that you create an account in Power BI Service and in less than 1 hour you will have installed Power BI Desktop, a report will have been created and it will have been published on the web .
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Return on Investment
IBM
  • One of the advantage is on its ability to ease budget and planning
  • Secondly,the fact that it allows for forecasting means based on such insights means that organisations are able to prepare for future eventualities
  • Thirdly, since it can accommodate data from multiple sources means that one is able to carry out best business practices like planning.
Read full review
Microsoft
  • It helps us track and achieve company goals.
  • It shows us [our] performance in areas we could not previously track and allows us to see and work on how to improve their performance.
  • Quick easy access for executives to use in helping teams and addressing issues.
Read full review
ScreenShots

IBM Planning Analytics Screenshots

Screenshot of Workflow managementScreenshot of Income statementScreenshot of Margin analysisScreenshot of Metrics managementScreenshot of Income statementScreenshot of Expense analysis

Microsoft Power BI Screenshots

Screenshot of Microsoft Power BI - Turns insights into impact for business usersScreenshot of Power BI integrates easily with Microsoft 365Screenshot of Microsoft Power BI - AI-Powered CapabilitiesScreenshot of Microsoft Power BI - Copilot can be used to create reportsScreenshot of Microsoft Power BI - Data HubScreenshot of Microsoft Power BI - Scales as organizational needs grow