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    Overview
    ProductRatingMost Used ByProduct SummaryStarting Price

    IBM Planning Analytics

    Score8.5 out of 10
    N/AIBM 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

    Spotfire

    Score7.8 out of 10
    N/ASpotfire, formerly known as TIBCO Spotfire, is a visual data science platform that combines visual analytics, data science, and data wrangling, so users can analyze data at-rest and at-scale to solve complex industry-specific problems.N/A
    Pricing
    IBM Planning AnalyticsSpotfire
    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 AnalyticsSpotfire
    Free Trial
    YesYes
    Free/Freemium Version
    YesNo
    Premium Consulting/Integration Services
    YesYes
    Entry-level Setup FeeOptionalNo setup fee
    Additional Details—For Enterprise engagements, contact Spotfire directly for a custom price quote.
    More Pricing Information
    Community Pulse
    IBM Planning AnalyticsSpotfire
    Considered Both Products
    IBM
    No answer on this topic
    Cloud Software Group
    No answer on this topic
    Key User Insights
    Would buy again
    99%
    Would buy again
    128 Answers
    92%
    Would buy again
    46 Answers
    Delivers good value for the price
    97%
    Delivers good value for the price
    114 Answers
    98%
    Delivers good value for the price
    39 Answers
    Happy with the feature set
    97%
    Happy with the feature set
    125 Answers
    96%
    Happy with the feature set
    48 Answers
    Lived up to sales and marketing promises
    97%
    Lived up to sales and marketing promises
    89 Answers
    100%
    Lived up to sales and marketing promises
    32 Answers
    Implementation went as expected
    93%
    Implementation went as expected
    104 Answers
    94%
    Implementation went as expected
    33 Answers
    Features
    IBM Planning AnalyticsSpotfire
    BI Standard Reporting
    Comparison of BI Standard Reporting features of IBM Planning Analytics and Spotfire
    Feature
    IBM Planning Analytics
    7.6
    116 Ratings
    1% above category average
    Spotfire
    -
    Ratings
    Pixel Perfect reports7.6102 Ratings00 Ratings
    Customizable dashboards7.7116 Ratings00 Ratings
    Report Formatting Templates7.5109 Ratings00 Ratings
    Ad-hoc Reporting
    Comparison of Ad-hoc Reporting features of IBM Planning Analytics and Spotfire
    Feature
    IBM Planning Analytics
    8.0
    122 Ratings
    3% above category average
    Spotfire
    -
    Ratings
    Drill-down analysis8.5119 Ratings00 Ratings
    Formatting capabilities7.9120 Ratings00 Ratings
    Integration with R or other statistical packages7.992 Ratings00 Ratings
    Report sharing and collaboration7.8118 Ratings00 Ratings
    Report Output and Scheduling
    Comparison of Report Output and Scheduling features of IBM Planning Analytics and Spotfire
    Feature
    IBM Planning Analytics
    8.1
    116 Ratings
    2% above category average
    Spotfire
    -
    Ratings
    Publish to Web7.9109 Ratings00 Ratings
    Publish to PDF8.2109 Ratings00 Ratings
    Report Versioning8.3106 Ratings00 Ratings
    Report Delivery Scheduling8.298 Ratings00 Ratings
    Data Discovery and Visualization
    Comparison of Data Discovery and Visualization features of IBM Planning Analytics and Spotfire
    Feature
    IBM Planning Analytics
    7.5
    117 Ratings
    2% above category average
    Spotfire
    -
    Ratings
    Pre-built visualization formats (heatmaps, scatter plots etc.)8.1117 Ratings00 Ratings
    Location Analytics / Geographic Visualization7.7109 Ratings00 Ratings
    Predictive Analytics7.8107 Ratings00 Ratings
    Pattern Recognition and Data Mining6.638 Ratings00 Ratings
    Access Control and Security
    Comparison of Access Control and Security features of IBM Planning Analytics and Spotfire
    Feature
    IBM Planning Analytics
    8.0
    122 Ratings
    5% below category average
    Spotfire
    -
    Ratings
    Multi-User Support (named login)8.1120 Ratings00 Ratings
    Role-Based Security Model7.7121 Ratings00 Ratings
    Multiple Access Permission Levels (Create, Read, Delete)8.0122 Ratings00 Ratings
    Report-Level Access Control7.549 Ratings00 Ratings
    Single Sign-On (SSO)8.4114 Ratings00 Ratings
    Mobile Capabilities
    Comparison of Mobile Capabilities features of IBM Planning Analytics and Spotfire
    Feature
    IBM Planning Analytics
    7.6
    105 Ratings
    4% above category average
    Spotfire
    -
    Ratings
    Responsive Design for Web Access7.7102 Ratings00 Ratings
    Mobile Application7.666 Ratings00 Ratings
    Dashboard / Report / Visualization Interactivity on Mobile6.676 Ratings00 Ratings
    Budgeting, Planning, and Forecasting
    Comparison of Budgeting, Planning, and Forecasting features of IBM Planning Analytics and Spotfire
    Feature
    IBM Planning Analytics
    8.4
    131 Ratings
    4% above category average
    Spotfire
    -
    Ratings
    Long-term financial planning8.0127 Ratings00 Ratings
    Financial budgeting8.4130 Ratings00 Ratings
    Forecasting8.7130 Ratings00 Ratings
    Scenario modeling8.6129 Ratings00 Ratings
    Management reporting8.6129 Ratings00 Ratings
    Consolidation and Close
    Comparison of Consolidation and Close features of IBM Planning Analytics and Spotfire
    Feature
    IBM Planning Analytics
    8.5
    122 Ratings
    9% above category average
    Spotfire
    -
    Ratings
    Financial data consolidation9.1118 Ratings00 Ratings
    Journal entries and reports9.2108 Ratings00 Ratings
    Multi-currency management8.5110 Ratings00 Ratings
    Intercompany Eliminations8.4107 Ratings00 Ratings
    Minority Ownership8.6101 Ratings00 Ratings
    Local and consolidated reporting7.8114 Ratings00 Ratings
    Detailed Audit Trails8.1115 Ratings00 Ratings
    Financial Reporting and Compliance
    Comparison of Financial Reporting and Compliance features of IBM Planning Analytics and Spotfire
    Feature
    IBM Planning Analytics
    8.8
    123 Ratings
    8% above category average
    Spotfire
    -
    Ratings
    Financial Statement Reporting8.2119 Ratings00 Ratings
    Management Reporting8.7120 Ratings00 Ratings
    Excel-based Reporting9.4122 Ratings00 Ratings
    Automated board and financial reporting9.1111 Ratings00 Ratings
    XBRL support for regulatory filing8.680 Ratings00 Ratings
    Analytics and Reporting
    Comparison of Analytics and Reporting features of IBM Planning Analytics and Spotfire
    Feature
    IBM Planning Analytics
    8.4
    125 Ratings
    11% above category average
    Spotfire
    -
    Ratings
    Personalized dashboards8.7124 Ratings00 Ratings
    Color-coded scorecards8.4119 Ratings00 Ratings
    KPIs8.1122 Ratings00 Ratings
    Cost and profitability analysis8.2120 Ratings00 Ratings
    Key Performance Indicator setting8.5119 Ratings00 Ratings
    Benchmarking with external data8.590 Ratings00 Ratings
    Integration
    Comparison of Integration features of IBM Planning Analytics and Spotfire
    Feature
    IBM Planning Analytics
    8.7
    123 Ratings
    7% above category average
    Spotfire
    -
    Ratings
    Flat file integration8.7120 Ratings00 Ratings
    Excel data integration9.0120 Ratings00 Ratings
    Direct links to 3rd-party data sources8.6112 Ratings00 Ratings
    Platform Connectivity
    Comparison of Platform Connectivity features of IBM Planning Analytics and Spotfire
    Feature
    IBM Planning Analytics
    -
    Ratings
    Spotfire
    7.2
    8 Ratings
    15% below category average
    Connect to Multiple Data Sources00 Ratings7.88 Ratings
    Extend Existing Data Sources00 Ratings7.48 Ratings
    Automatic Data Format Detection00 Ratings7.88 Ratings
    MDM Integration00 Ratings6.05 Ratings
    Data Exploration
    Comparison of Data Exploration features of IBM Planning Analytics and Spotfire
    Feature
    IBM Planning Analytics
    -
    Ratings
    Spotfire
    9.1
    8 Ratings
    8% above category average
    Visualization00 Ratings9.08 Ratings
    Interactive Data Analysis00 Ratings9.28 Ratings
    Data Preparation
    Comparison of Data Preparation features of IBM Planning Analytics and Spotfire
    Feature
    IBM Planning Analytics
    -
    Ratings
    Spotfire
    7.4
    8 Ratings
    10% below category average
    Interactive Data Cleaning and Enrichment00 Ratings7.28 Ratings
    Data Transformations00 Ratings8.08 Ratings
    Data Encryption00 Ratings7.05 Ratings
    Built-in Processors00 Ratings7.55 Ratings
    Platform Data Modeling
    Comparison of Platform Data Modeling features of IBM Planning Analytics and Spotfire
    Feature
    IBM Planning Analytics
    -
    Ratings
    Spotfire
    7.6
    8 Ratings
    11% below category average
    Multiple Model Development Languages and Tools00 Ratings7.57 Ratings
    Automated Machine Learning00 Ratings8.55 Ratings
    Single platform for multiple model development00 Ratings7.68 Ratings
    Self-Service Model Delivery00 Ratings6.76 Ratings
    Model Deployment
    Comparison of Model Deployment features of IBM Planning Analytics and Spotfire
    Feature
    IBM Planning Analytics
    -
    Ratings
    Spotfire
    7.4
    7 Ratings
    15% below category average
    Flexible Model Publishing Options00 Ratings7.87 Ratings
    Security, Governance, and Cost Controls00 Ratings7.07 Ratings
    Best Alternatives
    IBM Planning AnalyticsSpotfire
    Small Businesses
    No answers on this topic
    RapidMiner
    Score8.9 out of 10
    Medium-sized Companies
    Centage
    Score9.4 out of 10
    Anaconda
    Score8.8 out of 10
    Enterprises
    Oracle Fusion Cloud Enterprise Performance Management
    Score7.2 out of 10
    IBM Watson Studio
    Score10 out of 10
    All AlternativesView all alternativesView all alternatives
    User Ratings
    IBM Planning AnalyticsSpotfire
    Likelihood to Recommend
    8.0
    (132 ratings)
    8.4
    (351 ratings)
    Likelihood to Renew
    9.1
    (5 ratings)
    9.6
    (30 ratings)
    Usability
    7.8
    (69 ratings)
    8.0
    (27 ratings)
    Availability
    -
    (0 ratings)
    9.0
    (14 ratings)
    Performance
    -
    (0 ratings)
    7.1
    (14 ratings)
    Support Rating
    7.3
    (93 ratings)
    8.7
    (27 ratings)
    In-Person Training
    -
    (0 ratings)
    8.3
    (52 ratings)
    Online Training
    -
    (0 ratings)
    9.0
    (55 ratings)
    Implementation Rating
    -
    (0 ratings)
    8.4
    (17 ratings)
    Configurability
    -
    (0 ratings)
    7.1
    (3 ratings)
    Data Sharing and Collaboration
    9.0
    (3 ratings)
    8.5
    (36 ratings)
    Data Sources
    9.0
    (3 ratings)
    9.3
    (36 ratings)
    Ease of integration
    -
    (0 ratings)
    7.0
    (2 ratings)
    Product Scalability
    9.1
    (1 ratings)
    7.0
    (4 ratings)
    Vendor post-sale
    -
    (0 ratings)
    5.0
    (1 ratings)
    Vendor pre-sale
    -
    (0 ratings)
    5.0
    (1 ratings)
    User Testimonials
    IBM Planning AnalyticsSpotfire
    Likelihood to Recommend
    IBM
    Ideal for large organization with complex multi-dimensional data, large budgets and dedicated administrator support. The performance of the TM1 data base is unmatched. The PAW and PAX options providing planners to work in both Excel and workspace environment. Higher Implementation efforts due to the greenfield implementations. Visualization features are not up to the mark.
    Incentivized
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    Cloud Software Group
    A high level of data integration is available here it supports various data sources and so on. Collaborating features allow users to give access to the dashboard and merge data analytics with other team members. It can meet the demands of both small and large size business enterprises. A customized dashboard and reports are provided to meet the specific needs and get support of extensibility through APIs and customized scripts.
    Incentivized
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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.
    Incentivized
    Read full review
    Cloud Software Group
    • It has the best coding integration (python, R) of any BI product
    • The ability to work with very large datasets (10 mil+) is better than competitors
    • Export options are more complete and have better functionality
    • The data canvas is the best tool to join and transform data vs. competitors
    Incentivized
    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
    Incentivized
    Read full review
    Cloud Software Group
    • The donut chart is I guess a powerful illustrations but I hope it should be done quite simple in Spotfire. But in Spotfire there are lots of steps involve just to build a simple donut chart.
    • Table calculation (like Row or Column Differences) should be made simple or there should be drag and drop function for Table Calculation. No need for scripting.
    • Information Link should be changed. If new columns are added to the table just refreshing the data should be able to capture the new column. No need extra step to add column
    Incentivized
    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
    Cloud Software Group
    -Easy to distribute information throughout the enterprise using the webplayer. -Ad hoc analysis is possible throughout the enterprise using business author in the webplayer or the thick client. -Low level of support needed by IT team. Access interfaces with LDAP and numerous other authentication methods. -Possible to continually extend the platform with JavaScript, R scripts, HTML, and custom extensions. -Ability to standardize data logic through pre-built queries in the Information Designer. Everyone in the enterprise is using the same logic -Tagging and bookmarking data allows for quick sharing of insights. -Integration with numerous data sources... flat files, data bases, big data, images, etc. -Much improved mapping capability. Also includes the ability to apply data points over any image.
    Read full review
    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.
    Incentivized
    Read full review
    Cloud Software Group
    Basic tasks like generating meaningful information from large sets of raw data are very easy. The next step of linking to multiple live data sources and linking those tables and performing on the fly analysis of the imported data is understandably more difficult.
    Incentivized
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    Reliability and Availability
    IBM
    No answers on this topic
    Cloud Software Group
    Even though, it's a rather stable and predictable tool that's also fast, it does have some bugs and inconsistencies that shut down the system. Depending on the details, it could happen as often as 2-3 times a week, especially during the development period.
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    Performance
    IBM
    No answers on this topic
    Cloud Software Group
    Generally, the Spotfire client runs with very good performance. There are factors that could affect performance, but normally has to do with loading large analysis files from the library if the database is located some distance away and your global network is not optimal. Once you have your data table(s) loaded in the client application, usually the application is quite good performance-wise.
    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.
    Incentivized
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    Cloud Software Group
    Support has been helpful with issues. Support seems to know their product and its capabilities. It would also seem that they have a good sense of the context of the problem; where we are going with this issue and what we want the end outcome to be.
    Incentivized
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    In-Person Training
    IBM
    No answers on this topic
    Cloud Software Group
    The instructor was very in depth and provided relevant training to business users on how to create visualizations. They showed us how to alter settings and filter views, and provided resources for future questions. However, the instructor failed to cover data sources, connecting to data, etc. While it was helpful to see how users can use the data to create reports, they failed to properly instruct us on how to get the dataset in to begin with. We are still trying to figure out connections to certain databases (we have multiple different types).
    Incentivized
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    Online Training
    IBM
    No answers on this topic
    Cloud Software Group
    The online training is good, provides a good base of knowledge. The video demonstrations were well-done and easy to follow along. Provided exercises are good as well, but I think there could be more challenging exercises. The training has also gone up in price significantly in the last 3 years (in USD, which hurts us even more in Canada), and I'm not sure it is worth the money it now costs (it is worth how much it cost 3 years ago, but not double that.)
    Incentivized
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    Implementation Rating
    IBM
    No answers on this topic
    Cloud Software Group
    The original architecture I created for our implementation had only a particular set of internal business units in mind. Over the years, Spotfire gained in popularity in our company and was being utilized across many more business units. Soon, its usage went beyond what the original architectural implementation could provide. We've since learned about how the product is used by the different teams and are currently in the middle of rolling out a new architecture. I suggest:
    • Have clearly defined service level agreements with all the teams that will use Spotfire. Your business intelligence group might only need availability during normal working hours, but your production support group might need 24/7 availability. If these groups share one Spotfire server, maintenance of that server might be a problem.
    • Know the different types of data you will be working with. One group might be working with "public" data while another group might work with sensitive data. Design your Library accordingly and with the proper permissions.
    • Know the roles of the users of Spotfire. Will there only be a small set of report writers or does everyone have write access to the Library?
    • ALWAYS add a timestamp prompt to your reports. You don't want multiple users opening a report that will try and pull down millions of rows of data to their local workstations. Another option, of course, is to just hard code a time range in the backing database view (i.e. where activity_date >= sysdate - 90, etc.), but I'd rather educate/train the user base if possible.
    • This probably goes without saying, but if possible, point to a separate reporting database or a logical standby database. You don't want the company pounding on your primaries and take down your order system.
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    Alternatives Considered
    IBM
    For strong technical teams and flexibility IBM Planning Analytics is the way to go. For quicker adoption and less technical teams Anaplan is the best option. If consolidation, financials, and moving from legacy tools are main focus than OneStream will be a really good choice. If deeply invested into SAP already than the SAP BPC will be the best fit to maintain the investment.
    Incentivized
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    Cloud Software Group
    Spotfire is significantly ahead of both products from an ETL and data ingestion capability. Spotfire also has substantially better visualizations than Power BI, and although the native visualizations aren't as flexible in Tableau, Spotfire enables users to create completely custom javascript visaualizations, which neither Tableau or Power BI has. Tableau and Power BI are likely only superior to Spotfire with respect to embedded analysis on a website.
    Read full review
    Scalability
    IBM
    No answers on this topic
    Cloud Software Group
    In an enterprise architecture, if Spotfire Advanced Data services(Composite Studio),data marts can be managed optimally and scalability in a data perspective is great. As the web player/consumer is directly proportional to RAM, if the enterprise can handle RAM requirement accomodating fail over mechanisms appropraitely, it is definitely scalable,
    Incentivized
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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
    Incentivized
    Read full review
    Cloud Software Group
    • It is costly, so not suitable for small scale implementations.
    • Dashboards are as good as the developer, so need experience to get most out of it
    • You need to be on Spotfire 11 at least to implement out of the box visualizations
    • Integration with Python and R is a game changer, it comes very handy to onboard data scientists without much hassle
    • performance is exceptionally well.
    • Secure
    Incentivized
    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

    Spotfire Screenshots

    Screenshot of Smart Visual AnalyticsScreenshot of Geospatial AnalyticsScreenshot of Intelligent Data WranglingScreenshot of Point-and-click Data ScienceScreenshot of Real-time Streaming Analytics