IBM Planning Analytics vs. QlikView

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
IBM Planning Analytics
Score 8.4 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
QlikView
Score 8.1 out of 10
N/A
QlikView® is Qlik®’s original BI offering designed primarily for shared business intelligence reports and data visualizations. It offers guided exploration and discovery, collaborative analytics for sharing insight, and agile development and deployment.N/A
Pricing
IBM Planning AnalyticsQlikView
Editions & Modules
Essentials
$825
per month 5 users
Standard
$1,650
per month 10 users
QlikView
Custom
per user
Offerings
Pricing Offerings
IBM Planning AnalyticsQlikView
Free Trial
YesYes
Free/Freemium Version
YesNo
Premium Consulting/Integration Services
YesYes
Entry-level Setup FeeOptionalOptional
Additional DetailsOn an perpetual license basis, based on server plus number of users. Contact vendor for pricing.
More Pricing Information
Community Pulse
IBM Planning AnalyticsQlikView
Features
IBM Planning AnalyticsQlikView
BI Standard Reporting
Comparison of BI Standard Reporting features of Product A and Product B
IBM Planning Analytics
7.5
109 Ratings
2% below category average
QlikView
8.4
68 Ratings
3% above category average
Pixel Perfect reports7.496 Ratings8.050 Ratings
Customizable dashboards7.4109 Ratings9.166 Ratings
Report Formatting Templates7.8103 Ratings8.060 Ratings
Ad-hoc Reporting
Comparison of Ad-hoc Reporting features of Product A and Product B
IBM Planning Analytics
7.7
115 Ratings
5% below category average
QlikView
8.2
67 Ratings
2% above category average
Drill-down analysis7.9111 Ratings8.466 Ratings
Formatting capabilities7.4113 Ratings7.667 Ratings
Integration with R or other statistical packages7.487 Ratings8.336 Ratings
Report sharing and collaboration7.9111 Ratings8.362 Ratings
Report Output and Scheduling
Comparison of Report Output and Scheduling features of Product A and Product B
IBM Planning Analytics
8.0
109 Ratings
3% below category average
QlikView
8.6
62 Ratings
4% above category average
Publish to Web7.9103 Ratings8.049 Ratings
Publish to PDF7.9102 Ratings9.056 Ratings
Report Versioning8.4100 Ratings7.542 Ratings
Report Delivery Scheduling7.993 Ratings10.048 Ratings
Data Discovery and Visualization
Comparison of Data Discovery and Visualization features of Product A and Product B
IBM Planning Analytics
7.4
110 Ratings
4% below category average
QlikView
7.4
58 Ratings
8% below category average
Pre-built visualization formats (heatmaps, scatter plots etc.)7.8110 Ratings7.955 Ratings
Location Analytics / Geographic Visualization7.0102 Ratings7.546 Ratings
Predictive Analytics7.9100 Ratings6.85 Ratings
Pattern Recognition and Data Mining6.932 Ratings00 Ratings
Access Control and Security
Comparison of Access Control and Security features of Product A and Product B
IBM Planning Analytics
7.9
115 Ratings
9% below category average
QlikView
7.2
60 Ratings
17% below category average
Multi-User Support (named login)7.9113 Ratings8.259 Ratings
Role-Based Security Model7.5114 Ratings6.055 Ratings
Multiple Access Permission Levels (Create, Read, Delete)8.0115 Ratings6.355 Ratings
Report-Level Access Control7.642 Ratings8.23 Ratings
Single Sign-On (SSO)8.4107 Ratings00 Ratings
Mobile Capabilities
Comparison of Mobile Capabilities features of Product A and Product B
IBM Planning Analytics
7.2
101 Ratings
5% below category average
QlikView
8.0
47 Ratings
3% above category average
Responsive Design for Web Access7.597 Ratings8.044 Ratings
Mobile Application6.962 Ratings9.028 Ratings
Dashboard / Report / Visualization Interactivity on Mobile6.173 Ratings8.038 Ratings
Budgeting, Planning, and Forecasting
Comparison of Budgeting, Planning, and Forecasting features of Product A and Product B
IBM Planning Analytics
8.7
124 Ratings
5% above category average
QlikView
-
Ratings
Long-term financial planning8.3120 Ratings00 Ratings
Financial budgeting8.6123 Ratings00 Ratings
Forecasting9.2123 Ratings00 Ratings
Scenario modeling8.9122 Ratings00 Ratings
Management reporting8.3123 Ratings00 Ratings
Consolidation and Close
Comparison of Consolidation and Close features of Product A and Product B
IBM Planning Analytics
8.4
115 Ratings
5% above category average
QlikView
-
Ratings
Financial data consolidation9.2111 Ratings00 Ratings
Journal entries and reports9.2103 Ratings00 Ratings
Multi-currency management8.2104 Ratings00 Ratings
Intercompany Eliminations8.2101 Ratings00 Ratings
Minority Ownership8.894 Ratings00 Ratings
Local and consolidated reporting7.3107 Ratings00 Ratings
Detailed Audit Trails7.9108 Ratings00 Ratings
Financial Reporting and Compliance
Comparison of Financial Reporting and Compliance features of Product A and Product B
IBM Planning Analytics
8.4
116 Ratings
4% above category average
QlikView
-
Ratings
Financial Statement Reporting8.0112 Ratings00 Ratings
Management Reporting8.6113 Ratings00 Ratings
Excel-based Reporting9.2115 Ratings00 Ratings
Automated board and financial reporting9.2105 Ratings00 Ratings
XBRL support for regulatory filing7.076 Ratings00 Ratings
Analytics and Reporting
Comparison of Analytics and Reporting features of Product A and Product B
IBM Planning Analytics
8.3
118 Ratings
2% above category average
QlikView
-
Ratings
Personalized dashboards8.9117 Ratings00 Ratings
Color-coded scorecards7.9112 Ratings00 Ratings
KPIs8.3115 Ratings00 Ratings
Cost and profitability analysis8.0113 Ratings00 Ratings
Key Performance Indicator setting8.3113 Ratings00 Ratings
Benchmarking with external data8.284 Ratings00 Ratings
Integration
Comparison of Integration features of Product A and Product B
IBM Planning Analytics
8.7
116 Ratings
4% above category average
QlikView
-
Ratings
Flat file integration8.4113 Ratings00 Ratings
Excel data integration8.9114 Ratings00 Ratings
Direct links to 3rd-party data sources8.7104 Ratings00 Ratings
Best Alternatives
IBM Planning AnalyticsQlikView
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Score 9.0 out of 10
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User Ratings
IBM Planning AnalyticsQlikView
Likelihood to Recommend
8.0
(123 ratings)
7.8
(88 ratings)
Likelihood to Renew
9.1
(5 ratings)
8.8
(29 ratings)
Usability
7.8
(69 ratings)
8.0
(15 ratings)
Availability
-
(0 ratings)
9.8
(4 ratings)
Performance
-
(0 ratings)
8.6
(4 ratings)
Support Rating
7.4
(93 ratings)
3.3
(15 ratings)
Online Training
-
(0 ratings)
8.0
(3 ratings)
Implementation Rating
-
(0 ratings)
7.4
(13 ratings)
Product Scalability
9.1
(1 ratings)
8.9
(2 ratings)
User Testimonials
IBM Planning AnalyticsQlikView
Likelihood to Recommend
IBM
Very powerful modeling capabilities. It has a really good OLAP engine memory. Strong scenario planning for what if analysis. Flexibility of integration with ERPs or WM systems for both cloud and on premises. Centralized planning and alignment of governance is also a plus. Having one single system for many different functions.
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Qlik
Sales data validations have helped manage our justifications in the past, especially with regard to new product development and new business introduction. It has also been helpful in identifying trends with business impact and direction specific to quarter and monthly sales from ERP data as well as decisions to purchase equipment of staffing based on run rates and product demand.
One thing that can get out of hand is data output - if you aren't careful in your query, you may be overloaded with data dumps and drown in the amount of info you have to filter through. This is a user caution, not a comment on the software itself.
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Pros
IBM
  • Handle very large data volumes.
  • Scale to a large number of users.
  • Not having to compromise on business complexity.
  • It can be run by business users.
  • Availability of highly qualified consultants to support businesses.
  • REST API allows for an open eco system and a variety of solutions to extend the product.
  • Vast integration possibilities.
  • AI-infused engine with IBM Watson.
Read full review
Qlik
  • QlikView has a simple, relational data model that's REALLY fast. Filtering and changing data is dead simple results are almost immediately available.
  • The free version of Qlikview is almost completely featured, so you roll a pro-level product out to an entire department for really cheap.
  • QlikView is really flexible--if you can imagine it, you can build it.
Read full review
Cons
IBM
  • sometimes it is hard to produce pixel perfect reports from the Web UI. I know it is not made for this, but still, it'll be great
  • getting in e.g. an Excel file just by drag and drop, and the AI should "understand" what the data is all around
Read full review
Qlik
  • We found that QlikView can be a bit slow in supporting some forms of encryption. It is web-based and we needed to upgrade all of our server to not support the older SSL and TLS 1 protocols, only support TLS 1.2 and TLS 1.3. However, QlikView could not run with TLS 1.2 and TLS 1.3. We had to wait over six months to get a version that would handle the newer TLS versions.
  • There are so many options with QlikView that you can get lost when developing a visualization. There are still items I have not yet figured out, such as labeling a graph with the name of a selected detail item.
  • QlikView works by pulling the data it is going to use for visualization into its database. I am a security reviewer and I need to make certain that PII and PHI is not pulled by QlikView for a visualization, otherwise this could become a reportable indecent.
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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
Qlik
Ease of use, ability to load from pretty much any data source. today I created an application that loaded time sheets from excel that are not in a table format. With Qlik's "enable transformation steps" I was able to automate loads of multiple spreadsheets and multiple tabs easily. Could not do that with any other tool.
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Usability
IBM
IBM Planning Analytics is generally good in terms of functionalities. It can be used reduce time for budget planning, resource planning, demand forecasting, etc. The performance of IBM Planning Analytics is acceptable, but user interface can be improved. It would be good to see new features that allow users to customise the dashboard.
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Qlik
QlikView is very easy to implement. The installation is very straight forward. QlikView has several different data connectors that can connect to different data sources very smoothly. The user interface to build the reports is very easy to understand. This helps to have a smaller learning curve. Something very helpful is that QlikView is a browser application for the end users. So, you don't need to install any applications on the user's computer.
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Reliability and Availability
IBM
No answers on this topic
Qlik
We have not had any downtime issues with the product nor uncovered any significant bugs
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Performance
IBM
No answers on this topic
Qlik
It is not a SAAS product.
Read full review
Support Rating
IBM
IBM support has been very quick to respond and handle the very few issues we've had. We've had a third-party who partners with IBM to be our consulting team which has helped greatly reduce the need for us to contact IBM directly. I highly recommend researching and selecting a well-respected partner to help with an implementation as well as ongoing support as needed.
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Qlik
My experience with the Qlik support team has been somewhat limited, but every interaction I have had with them has been very professional and I received a response quickly. Typically if there is a technical issue, our IT team will follow up. My inquiries are specific to product functionality, and Qlik has been very helpful in clarifying any questions I might have.
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In-Person Training
IBM
No answers on this topic
Qlik
My team attended, but I cannot myself rate, but I think it was good as they've successfully launched a training program at our company themselves for users. It was 3-4 day training.
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Online Training
IBM
No answers on this topic
Qlik
Training was as expected. The demo environments tend to be more fully featured that our own environment, but the training was clear and well delivered.
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Implementation Rating
IBM
No answers on this topic
Qlik
"Implementation" can mean a few things... so I'm not sure that this is the answer you want.... but here it goes: To me, implementation means: "Is the user interface intuitive and can I produce meaningful reports with ease?" On that score, I'd say YES. The amount of training required was minimal and the results were powerful. The desktop implementation is a simple, "blank" interface just waiting for your creativity. The pre-populated templates give you a reasonable start to any project -- and a good set of objects to "play around with" if you're just getting started. Finally, note that the "implementation" I used was baked into QuickBooks 2016 Enterprise -- called "Advanced Reporting"..... That integration makes it ultra useful and simple.
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Alternatives Considered
IBM
As it is related to MS Excel, IBM Planning Analytics is a much more robust and complete solution for the CFO or COO in mind. Oracle Hyperion stacks up nicely against IBM Planning Analytics. However, IBM's investment in AI allows Planning Analytics users more options and speed.
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Qlik
The only other vendor product that I have worked with that provides a similar experience to Qlikview is Tableau. I would recommend Tableau if your use case is to build a fixed dashboard. You can share reports for free without needing to buy additional licenses. I would recommend Qlikview if your users are looking for a more interactive experience. They can create new objects to represent the data which can't be accomplished as easily in Tableau
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Return on Investment
IBM
  • Automate direct data connections to multiple data sources
  • One secured version of the the truth (for data and formulas)
  • Ability to scale to much more detailed planning with option to create predictive forecasts at detail
  • Business user friendly with powerful Excel integration
  • Very flexible and powerful modeling, can handle custom modeling needs at scale
  • Can make the same data available across finance and ops, but at the level of details and timeline that makes sense for them
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Qlik
  • You can use the free desktop version to do a lot of reporting and analysis work more quickly so the ROI is huge
  • QlikView is great at finding outliers such as data entry errors
  • QlikView is great at helping you quickly discover new insights about your business that can prompt you to take action that can immediately affect your cash flow.
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ScreenShots

IBM Planning Analytics Screenshots

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

QlikView Screenshots

Screenshot of QlikView Sales DashboardScreenshot of QlikView on all devicesScreenshot of QlikView using mobile touch screen